Feed aggregator

The NZU price fell 5% on Thursday following remarks from New Zealand’s Finance and associate Climate Minister Nicola Willis that advice from the Climate Change Commission is “not gospel”.

The reservoir that provides around 70% of water in Colombia's capital is at less than 17% capacity.

California’s current Low Carbon Fuel Standard (LCFS) credit values do not adequately incentivise market players to realise the potential for growth within the sustainable aviation fuels (SAF) industry, an analyst told webinar participants Thursday.

Taxpayers will fund new major manufacturing and clean energy projects in this year's federal budget tied to a potential tightening of foreign investment rules.

The post Albanese says government to bankroll green manufacturing, flags tighter foreign investment rules appeared first on RenewEconomy.

The US Environmental Protection Agency (EPA) released annual GHG inventory figures for 2022 on Thursday showing nationwide emissions increased year-on-year from a post pandemic rebound in economic activity offset by CO2 sequestration from the land sector.

Record-breaking rainfall leaves fields under water, threatening this year's harvest yield and quality.

The Washington Department of Ecology (ECY) announced on Thursday the commencement of rulemaking in consideration of amendments to its Climate Commitment Act (CCA), to facilitate linkage of the state’s carbon market with that of California and Quebec.

Australia's biggest utility, still mulling the closure timing for the country's biggest coal plant, buys a massive wind and battery project in NSW.

The post Origin snaps up Australia biggest wind project and big battery as it ramps up late renewables push appeared first on RenewEconomy.

California Carbon Allowances (CCAs) picked up following the highly anticipated release of a public workshop date on cap-and-trade programme rulemaking and an economic impact analysis of proposed changes, while Washington Carbon Allowances (WCAs) continued to slowly regain footing after prices crashed earlier this year in wake of a repeal initiative.

Residents of a county in Montana have raised concerns about a project that could see potentially millions of tonnes of CO2 piped in from Wyoming and stored underground.

Eleven carbon offset programmes have applied or reapplied to supply eligible compliance units for use by airlines in 2024-26 under CORSIA, the international aviation emissions trading scheme devised by UN body ICAO.

Carbon market participants should back harmonised quality standards and principles to secure its role as a foundation for international partnerships even in a scenario where global climate action become fragmented, Singapore's GenZero said on Friday.

Weather forecasting is improving at a great rate, even though climate change could be making it tougher. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Kimberley Reid, Postdoctoral Research Fellow in Atmospheric Sciences, Monash University Michael Barnes, Research Fellow, Monash University Nick Earl-Jones, Climate Research Fellow with the Climate Futures Programme, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

A luxury fashion house has made its inaugural investment in sustainable aviation fuel (SAF) through a partnership with an international shipping company.

The US Inflation Reduction Act (IRA) has sparked a nationwide response from almost every state, as well as Washington DC and Puerto Rico, according to a new analysis, with jurisdictions all seeking to harness the programme’s offer of $5 billion in climate grants.

Carbon market buyers must appreciate the price of climate progress in developing countries and fund projects in line with their investment needs, not necessarily according to market rates, according to a government official speaking on an OECD webinar Thursday.

A global provider of data hosting solutions announced Wednesday the expansion of renewable fuel use to replace diesel in power generators at several US data centres.

The record fall in emissions registered in 2023 puts the EU on track to reach its climate target for 2030, with only 15 percentage points to make up to hit the 62% greenhouse gas reduction objective set for the bloc's ETS, an official said.

Insurance companies need to implement transition plans to manage climate-related risks, or financial instability will unfold, a report published on Thursday warned.

The UK government should publish an updated National Biodiversity Strategy and Action Plans (NBSAP) setting out how it will deliver on international nature goals through disclosures, a report has found.