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A Chinese tech major on Tuesday launched the second phase of its carbon accelerator programme, calling on proposals for low-carbon innovations globally, with the purpose of providing funding and support to the tune of tens of millions of dollars.

Numbers of red and grey squirrels rising, survey finds, but more greys are present in last remaining red strongholds

Campaigners are concerned about the rising presence of grey squirrels in England’s last remaining strongholds of reds.

An annual distribution survey of about 250 sites in woodlands and gardens across northern England shows that occupancy figures for red and grey squirrels are increasing – but they are rising more steeply for greys.

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European carbon prices eased on Tuesday, despite colder weather forecasts, as they continued to track TTF natural gas, which slipped marginally lower following two bullish sessions amid expected comfortable supply fundamentals for winter.

Two workers have reportedly been rescued by helicopter from a wind turbine in Brazil after a fire broke out in the generator of the Siemens Gamesa wind turbine.

The post Two workers rescued from burning Siemens Gamesa wind turbine by helicopter appeared first on RenewEconomy.

China has seen the registration of a first voluntary project under its national offset scheme since the market relaunched earlier this year, moving one step closer to the issuance of new credits.

Fragmentation in international carbon markets is now a “reality”, and it is unlikely that there will be a single global standard for credits as countries continue to take different approaches in terms of project development, according to panelists speaking at a conference on Tuesday.

Europe's industrial slump is widely seen as the main driver behind weak demand for CO2 allowances on the EU carbon market, but some analysts suggest emitters may also be satisfied with the status quo while betting that Europe will eventually backtrack on its climate ambitions or – at the very least – adjust its policies.

Tanzania has announced a $4.5 million programme aimed at restoring 5.2 mln hectares of degraded forests as part of its commitment to the African Forest Landscape Restoration Initiative (AFR100).

A Stockholm-headquartered carbon accounting platform on Tuesday unveiled a new Corporate Sustainability Reporting Directive (CSRD) solution and announced the appointment of a new CEO.

Japan’s largest oil company has announced a $200 million investment into Queensland’s green hydrogen ambitions, committing to build a demonstration plant near Brisbane.

The post Japanese oil giant announces $200 million green hydrogen investment in Queensland appeared first on RenewEconomy.

Fortescue suspends its validation work under the Science-Based Target Initiative while the tricky question of scope 3 emissions - created by the use of its products by its customers - is resolved.

The post Fortescue pauses Science-Based Target validation as rules around emission counts are reviewed appeared first on RenewEconomy.

South Korea and the UNFCCC secretariat have agreed to jointly develop a global voluntary market aligned with the Paris Agreement, with detailed plans to be disclosed early next year.

An Austrian startup has launched a live monitoring tool for carbon removals (CDR), aiming to align with major voluntary verification standards.

Westpac NZ has updated its sustainability targets for 2027, which include boosting sustainable lending to NZ$9 billion ($5.2 billion), almost half of which will go towards its agribusiness customers to reduce emissions, it announced Tuesday.

The first cyclone resistant solar farm, along with a big battery, have been opened to provide daytime power for BHP's iron ore port operations in Port Hedland.

The post Cyclone resistant Port Hedland solar and battery project opened to provide power to BHP port facility appeared first on RenewEconomy.

New monthly data from Rystad Energy shows utility wind and solar generation exceeded 4 terwatt-hours – a first for the month of November.

The post Solar and wind deliver November generation high, closing out a record spring appeared first on RenewEconomy.

AEMO says its ability to deal with summer heat and floods have been boosted by more than 3 GW of new capacity, particularly in big battery projects that have already proved useful.

The post Big battery summer: AEMO says new storage capacity to play key role in keeping lights on appeared first on RenewEconomy.

The California-Quebec joint carbon market and Washington’s cap-and-invest programme announced auction dates and reserve prices for 2025 on Monday, along with next year’s sale volumes.

Both emitters and financial players continued to move their holdings in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) into 2025 at the expense of 2024, delayed data from the US Thanksgiving holiday published Monday by the US Commodity Futures Trading Commission (CFTC) showed.

Vanuatu leads the charge of several nations arguing developed nations have a legal responsibility beyond non-binding promises

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Australia has been accused of undermining its Pacific neighbours in a landmark international legal case after it argued that high-emitting countries are not obliged to act on the climate crisis beyond their non-binding commitments to the 2015 Paris agreement.

In the case before the UN’s international court of justice (ICJ), Vanuatu is leading an argument brought by several Pacific nations and developing states – including Fiji, Papua New Guinea, Solomon Islands and Vanuatu – that developed countries have a legal responsibility beyond existing UN frameworks. The case does not specify the names of countries that would fall under the definition of high emitters.

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