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Government limit on contracts for new renewable energy generation is ‘outdated thinking’, says Greenpeace UK

Consumers will face higher energy bills than necessary next winter because of a decision by the government to limit new renewable energy generation, described as a “missed opportunity” by the renewables industry, and “outdated thinking” by a green campaign group.

Ministers have decided to authorise contracts for about 12GW of new renewable energy generation, to start construction this year, with much of it likely to come on stream before next autumn. However, the renewable energy industry estimates that about 17.4GW of projects have cleared planning permission and are “shovel-ready”.

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A US agtech startup that focuses on connecting farmers to carbon revenues has raised $38 million in its second round of funding.

UN Chief Antonio Guterres tells university graduates not to work in industries that are "killing the planet", including fossil fuels.

The post “Don’t work for climate wreckers:” UN chief warns young people off fossil fuels appeared first on RenewEconomy.

António Guterres says young people should tackle climate crisis by using talent to deliver a renewable future

The UN secretary general has told new university graduates not to take up careers with the “climate wreckers” – companies that drive the extraction of fossil fuels.

António Guterres addressed thousands of graduates at Seton Hall University in New Jersey, US, on Tuesday. “You must be the generation that succeeds in addressing the planetary emergency of climate change,” he said. “Despite mountains of evidence of looming climate catastrophe, we still see mountains of funding for coal and fossil fuels that are killing our planet.

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European carbon made a robust recovery in Tuesday morning trading as short covering in a thinly traded market drove prices back above €80, while an EU official said that proposed sales of EUAs from the market stability reserve would be evenly spread over four years.

Australian carbon project developers are giddy at the prospects of a transformed carbon market after Labor’s election win, however opinions are mixed over what they would like to see in the “short, sharp” review of the Emissions Reduction Fund and its governing regulator.

Shell was forced to halt its AGM in London after it was disrupted by environment protesters chanting: 'We will stop you' and shouting: 'Shame on you' at executives.

Investors were due to vote on Shell’s climate proposals. The company has come under increased scrutiny after a senior safety consultant quit, citing Shell's 'disregard for climate change risks' and accusing the company of causing 'extreme harms' to the environment

• Shell pauses London AGM as protesters chant ‘We will stop you’
  

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A US-based technology startup has raised $32 mln in venture capital funding amid plans to launch multiple bundles of tokens that track key market segments.

The European carbon market requires assurances that the proposed sale of EUAs from the Market Stability Reserve (MSR) was an exceptional circumstance and will not be repeated in order to avoid undermining the function of the entire EU ETS, stakeholders told a conference Tuesday.

China’s methane emissions have soared after the government boosted coal production in the aftermath of last year’s power shortages, and there is worse to come, according to a report released Tuesday.

The European Commission plans to evenly distribute sales of some 250 million EUAs over four years from the bloc’s MSR under its proposed REPowerEU strategy, an official said Tuesday.

Trafigura has joined forces with a US software company, Palantir, to develop a technology services platform for the calculation and reporting of emissions across commodity supply chains, the global commodities trader announced on Tuesday.

Carbon Pulse is seeking a Greater China Environmental Markets Correspondent.

In 2022, the ‘Greenslide’ took seats from major parties. Here’s how they did it. Kate Crowley, Adjunct Associate Professor, Public and Environmental Policy, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

A team at Charles Darwin University will test the ability for solar and battery inverters to provide “essential support services” to the Alice Springs grid.

The post Alice Springs tests potential for remote control of home solar and batteries appeared first on RenewEconomy.

Analysis of nearly 100,000 samples found residues in a third of apples and half of blackberries

Contamination of fresh fruits by the most hazardous pesticides has dramatically increased in Europe over the past decade, according to a nine-year study of government data.

A third of apples and half of all blackberries surveyed had residues of the most toxic categories of pesticides, some of which have been linked to illnesses including cancer, heart disease and birth deformities.

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Quinbrook ready to invest in Australia again, but gives withering critique of Angus Taylor's policy failure.

The post “We gave up:” Quinbrook’s back with big battery plans and withering critique of Taylor’s policy failure appeared first on RenewEconomy.

The last federal government has left a considerable mess in the electricity sector for the incoming Labor government to clean up.

The post Australia has the resources to be a renewable energy superpower, now it needs a plan appeared first on RenewEconomy.

India’s Gujarat state government has signed a memorandum of understanding  (MoU) with a US university and a local non-government organisation to establish and design a cap and trade market for emissions from large industrial sources, it announced this week.

Anthony Albanese hits reset on Australia's international climate stance, formally committing Australia to a stronger 2030 emissions target.

The post Albanese commits Australia to stronger 2030 target, starts climate reset appeared first on RenewEconomy.