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RWE reported a drop of almost one-fifth year-on-year in power generation covered by the EU ETS during the first six months of 2024, according to preliminary results published Monday.

A vast array of solutions are being worked on but experts urge a ‘fundamental rethink’ as temperatures are forecast to climb even higher in coming decades

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After 18 months of record-breaking ocean temperatures, the planet’s reefs are in the middle of the most widespread heat-stress event on record.

Across the Pacific, Atlantic and Indian oceans, latest figures from the US government’s Coral Reef Watch, shared with the Guardian, show 73% of the world’s corals have been hit with enough heat for them to begin bleaching.

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Over 4,600 animal species are threatened by mineral extraction worldwide, with increasing demand for raw materials needed for clean energy technologies among the drivers of biodiversity loss, according to a new scientific paper released on Monday.

There is a disparity in the voluntary carbon market (VCM), with organizations carrying out carbon projects primarily based in the Global North, according to new research. 

Verra has formally launched its voluntary carbon market quality label for forestry projects, it said Monday.

Researchers say this is the fifth sperm whale to die after being struck by a vessel in the busy waterway.

A Perth-headquartered company has partnered with a Traditional Owners group in Western Australia’s Goldfields region for a project over a huge tract of land it says will generate premium-priced carbon credits with major biodiversity benefits.

South Korea has launched the first greenhouse gas reduction project through e-mobility in Cambodia, which will create internationally transferred mitigation outcomes (ITMOs) under Article 6 of the Paris Agreement.

A British airline will soon charge passengers a fee to help cover sustainable aviation fuel (SAF) expenses.

Carbon capture and storage (CCS) when used to increase oil production in the form of enhanced oil recovery (EOR) can contribute to deeper emissions reductions than regular CCS projects, according to an energy consultancy.

European carbon moved back near the top of last week's €64-€69 trading range, coming within 30 cents of a key technical level as the recent robust selling interest was absent from the market on Monday morning, while natural gas rose amid growing evidence of further tropical storms that could impact US LNG exports.

Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance

After Hurricane Beryl stomped across the Caribbean, days after torrential rainfall destroyed thousands of homes in Ghana and Niger, it was evident that the two regions face many of the same challenges. Weeks of catastrophic events underscore the increasing necessity to transform the world’s financial architecture to support these areas.

Earlier this summer, two big conferences happened simultaneously, about 7,000 miles apart. One in CaribbeanAntigua, and the other in Africa,Kenya. The themes were similar: the financial conundrum and developmental crises plaguing the regions.

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The first day of trade for Australian and New Zealand futures contracts on the ASX closed quietly with 1,000 units traded, but prices not given.

Conservation charity raises alarm over climate crisis after wet spring and summer dampen mating chances

Butterfly numbers are the lowest on record in the UK after a wet spring and summer dampened their chances of mating.

Butterfly Conservation, which runs the Big Butterfly Count, sounded the alarm after this year’s count revealed the worst numbers since it began 14 years ago.

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The Zimbabwean government is moving forward with plans to establish carbon trading mechanisms in its second-largest city, as part of the nation’s new Climate Change Management Bill.

A Chinese company has acquired carbon sink development rights for a mangrove project in Guangdong province, which would potentially make it the first in the country to obtain nationally issued carbon credits from mangrove restoration activities.

The Australian government has issued a call for partners to help develop a pipeline of methods to make projects eligible for earning credits under the Nature Repair Market (NRM), with A$3 million ($2 mln) available in funding during FY2024-25.

Here’s one about a bee

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Disasters are never entirely natural. They can be far worse if they hit unprepared cities, as Manila has just found out. Emily Nabong, PhD Researcher in Civil Engineering, University of Sydney Aaron Opdyke, Senior Lecturer in Humanitarian Engineering, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Misinformation campaigns are taking their toll as more Australians struggle to sort energy fact from fiction.

The post Australians blame wind, solar for high power bills as media campaigns take hold appeared first on RenewEconomy.