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European carbon allowance prices clawed back early losses to end Tuesday morning modestly firmer, after five consecutive days of declines driven by weakening natural gas and sustained selling interest, as traders kept a watching brief for movements in the gas market and for signs of renewed pressure.

Investors including multilateral organisations are keeping their distance from carbon credits due to the volatile nature of the market while funding technologies to accelerate climate action, a conference heard Tuesday.

A Finnish company has launched a hand-sized instrument for accurate in-situ measurement of the CO2 in flue gas and direct air capture (DAC), which it says will avoid greenwashing from carbon capture and help with process optimisation.

A San Francisco-headquartered off-grid solar provider has been chosen to participate in a World Bank-funded government programme in Kenya that aims to boost the adoption of off-grid solar home system and clean cookstoves in rural counties, the company announced on Tuesday. 

The Mexican state of Colima has committed to supporting a nature crediting programme spearheaded by a French restoration company.

An Asia Pacific carbon credit supplier is offering credits for bidding at a significant near-50% premium over generic Australian Carbon Credit Units (ACCUs).

Changes to the Safeguard Mechanism reporting methods in Australia will hit the nation’s coal mines and their new methane emissions calculations, which is likely to eventually drive up the price of Australian Carbon Credit Units (ACCUs), according to analysis published Tuesday.

EUAs could trade at between €50-€55 for the next two years without leading to any significant increase in emissions, and the same price level through to 2030 would not trigger a tightening of the market, according to a bank analyst.

Spain-based developer to add a big battery to an existing solar farm in Queensland marking its first hybrid solar and storage project in Australia. A second one will soon follow.

The post Spanish giant to add big battery to Queensland solar farm as PV operators choose to go hybrid appeared first on RenewEconomy.

One of the largest shipbuilders in South Korea has teamed up with a clean shipping industry body to work on solutions that can decarbonise the sector, particularly ammonia and onboard carbon capture systems.

Australia's next storage tender - the country's biggest - will have key design changes, but still will not include VPPs or demand response.

The post New guidelines issued for Australia’s biggest storage tender as authorities wrestle with hybrid issue appeared first on RenewEconomy.

Power is expected to be restored - for the second time - to outback towns in western NSW after a back-up system brought in to temporarily fix a major outage failed.

The post Remote towns suffer another blackout as back-up generators trip, smaller units stolen appeared first on RenewEconomy.

Millions of litres of nutrient-rich whey go to waste every year. Collaboration can help turn this waste stream into useful products Jack Hetherington, Phd Candidate in circular business models, University of Adelaide Adam James Loch, Associate Professor, Centre for Global Food and Resources, University of Adelaide Pablo Juliano, Group leader, Principal Research Scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Nuclear proponents are simply delaying the move towards clean and cheap energy as Australia's environment runs out of time, a climate leader says.

The post “Delay-mongers:” Climate boss Kean lashes nuclear supporters appeared first on RenewEconomy.

Australian energy storage developer Enervest signs up Swiss giant Energy Vault to its plans to build a big battery with one gigawatt-hour of energy storage capacity in north-western New South Wales.

The post “Small company doing big things:” Gigawatt-hour battery plan signs up Swiss giant, Energy Vault appeared first on RenewEconomy.

Singapore grid gives conditional approval to import electricity as part of SunCable's massive Australia-Asia PowerLink project in major step forward to $30 billion project.

The post SunCable: Singapore gives nod to imports from world’s biggest solar and battery project appeared first on RenewEconomy.

Mowi Scotland, which supplies Tesco, Asda and Sainsbury’s, blames a rise in sea temperatures for the deaths, while campaigners say expanding farms will make things worse

More than a million dead fish, the biggest mass die-off of farmed salmon in Scotland in a decade, have been recorded at a farm belonging to the UK’s largest supplier.

The deaths at two adjacent Mowi Scotland sites in Loch Seaforth on the Outer Hebrides – licensed as one farm by the Scottish government – rose to just over a million during the year-and-a-half production cycle that it usually takes to raise a salmon in seawater, and which in this case began in spring 2023. Mowi supplies salmon to retailers including Sainsbury’s, Tesco, Asda and Ocado. Many of its farms, including those in the Hebrides, are certified under the RSPCA Assured label, which guarantees higher animal welfare standards.

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Efforts to reduce levels of PFAS chemicals in our drinking water are important – but most water supplies are already below the new limits

The Australian National Health and Medical Research Council has today released draft guidelines for acceptable levels of per- and polyfluoroalkyl substances, or PFAS, in drinking water. PFAS chemicals are also known as “forever chemicals” because they do not break down easily and can persist in the environment, including drinking water supplies.

The new guidelines – which are not mandatory but will inform state and territory policy – are expected to be finalised in April 2025. They propose a reduction in the maximum levels previously considered safe for four key PFAS chemicals: PFOS, PFOA, PFHxS and PFBS.

Evidence to date does not establish whether PFAS at exposure levels seen in Australia might increase risks of cardiovascular disease … Established risk factors … are likely to be of a much greater magnitude than those potentially caused by PFAS.

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Fortescue Metals places order for what will be the biggest battery in Western Australia's Pilbara mining region, with five hours of storage capacity.

The post Fortescue presses go on “challenging” five-hour battery project, biggest yet in the Pilbara appeared first on RenewEconomy.

Canada’s new federal effort to purchase CO2 removal (CDR) services to help green governmental operations must be designed in a way to prioritise support for permanent carbon removal and storage services, an October report said.