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Why would you close a coal generator early, unless you had to? It's like Christmas for coal plants, thanks to government decisions and planning delays for new renewables.

The post Coal generation is very profitable right now – thanks to the NSW government appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Australia has a lot of wind and sun, but will we actually become a world leader in renewable energy generation? Paul Graham, Chief economist, CSIRO energy, CSIRO Licensed as Creative Commons – attribution, no derivatives.

With no air conditioning, a former prisoner describes lying in toilet water to survive brutal heat.

Bowen says recent events show that it is too late to avoid the climate emergency, but efforts should be made to avoid the worst.

The post Bowen: “It’s too late to avoid the climate emergency” appeared first on RenewEconomy.

Banned for a century because of filthy water, bathing is to resume in parts of the river.

UK drivers are being told to prepare for an all-electric future, but there are bumps in the road ahead.

As an integral member of Verra’s legal and compliance team, you will be responsible for providing timely and trustworthy support to all aspects of the organization’s compliance affairs.

The Canadian government announced Monday it will cease providing subsidies to fossil fuel operations and phase out public financing to the sector by 2024 with exceptions for carbon capture projects, drawing a mixed reaction from green groups.

The European Commission is seeking input on existing methodologies for certifying industrial carbon removal practices, as the bloc moves towards establishing a voluntary framework for these activities.

California gasoline consumption held steady in April while diesel sales dropped, according to recently published state data, leaving transportation sector cap-and-trade emissions to still trail year-ago levels.

Chinese e-commerce giant Alibaba Group on Monday announced a 12.9% reduction in net carbon emissions from its direct operations over the past fiscal year, also revealing for the first time progress towards its ‘Scope 3+’ goal.

Small island developing states are seeking a legal ‘advisory opinion’ from an international tribunal on whether climate change falls under the international law of the sea. Ellycia Harrould-Kolieb, Lecturer and Research Fellow in Ocean Governance, University of Melbourne and Postdoctoral Researcher, UEF Law School, University of Eastern Finland, The University of Melbourne Margaret Young, Professor, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

If we build homes on a production line, we could make them cheaper, faster and more sustainable. Louise Dorignon, Vice-Chancellor Postdoctoral Research Fellow, RMIT University Trivess Moore, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Licensed as Creative Commons – attribution, no derivatives.

The rally in RGGI Allowance (RGA) values continued through another week with a high level of spread activity leading to the largest weekly transaction volumes on ICE, in step with the rally in California Carbon Allowance (CCA) values and global macro positivity.

All-party climate group says backing away from green policies would be catastrophic for the economy

A cross-party group of influential politicians has urged Rishi Sunak to set an example by attending the UN climate summit this November, as both major parties come under pressure over their net-zero policies.

The group of MPs and peers wants him to commit to attending Cop28 in Dubai, and to appoint a secretary of state as special envoy for the climate ahead of the UN general assembly in September, where preparations will be made for Cop28.

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Climate contributions divorced from offsetting claims are necessary to increase the number of “high-hanging fruit projects" in cost-prohibitive sectors and unlock deep decarbonisation, a think-tank said Friday.

PM sees short-term advantage in smothering green policies while studiously ignoring signs of climate collapse

After Uxbridge, le deluge. In Manchester at least. In parts of Greece it was wildfires. For Rishi Sunak it was just a bonfire. A bonfire of green policy. The world was not quite warm enough. What the UK needed was a culture war.

Who would have guessed that the result of one byelection in west London could have such far-reaching consequences? The message Labour took from Uxbridge was that maybe Sadiq Khan would like to rethink his Ulez scheme with a general election due in less than 18 months. When it should have maybe pointed out during the byelection campaign itself that the clean air scheme had actually been introduced by the Tories. And that the then transport secretary, Grant Shapps, had written to Khan to enforce it. Instead, Labour had tried to disown it entirely, hoping voters would ignore it. Go figure. Let the public die.

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Carbon credit prices drifted lower generally in the voluntary market over the past week amid the over-supply of available units, but investment continued to pour into certain sectors to underline a positive outlook amid a steady rise in corporate net zero pledges.

The French parliament has voted through a green industrial law that is expected to open up ecosystem restoration projects in the country to biodiversity and carbon credit stacking.