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Carbon credit standards body Verra has hit back against criticism aimed at its REDD methodology being approved under the Core Carbon Principles (CCPs) framework, describing the scrutiny as “flawed and inaccurate”.

Tasmanian port plans to play host to renewable energy terminal and serve as a key hub for offshore wind development.

The post Tasmania port tapped as key offshore wind hub, days after declaration of Bass Strait zone appeared first on RenewEconomy.

RGGI Allowances (RGA) in the secondary market continued to rebound from a weak Q4 auction over the week, with traders deliberating reasons behind unexpected strength into year end.

A London-headquartered NGO has written to the CEOs of Europe’s 20 largest banks, including HSBC, Barclays, and BNP Paribas, urging them to set science-based targets for financing sectors vital to the net-zero transition, it announced Tuesday.

A Toronto-based carbon credit financier has tentative plans to transition its carbon credit inventories to one of the voluntary carbon standards recently approved for Phase 1 of CORSIA (2024-26) by the UN aviation body ICAO, although the financier is still awaiting formal guidance from Verra.

Latest battery storage auction prices in China stun analysts with another big price fall that could fast-track green energy switch and uptake of EVs.

The post “Mind blowing:” Battery cell prices plunge in China’s biggest energy storage auction appeared first on RenewEconomy.

Zimbabwe has awarded a Sri Lankan firm the contract to develop its national carbon registry, as part of efforts to advance its climate policies and align with Article 6 of the Paris Agreement.

Repurposing offshore wind farms and decommissioned oil and gas platforms for seaweed farming could sequester millions of tonnes of CO2 per year, while using the vegetation to produce low-carbon alternatives for industries like food and materials could displace tens of millions more, according to a new study.

Boarding facilities during peak periods can stressful environments for dogs and cats. Some may not be suited to it at all. Melissa Starling, Postdoctoral Researcher in Veterinary Science, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Subsidising fossil fuel exploration seems contrary to New Zealand’s international commitment to phase out incentives for the industry. It also erodes human rights to a healthy environment. Nathan Cooper, Associate Professor of Law, University of Waikato Licensed as Creative Commons – attribution, no derivatives.

Dozens of airlines have purchased several hundred thousand CORSIA-eligible carbon credits in a special auction organised earlier this month by the Guyanese government, trading firm Mercuria, and exchange operator CBL Xpansiv, sources said.

The UK ETS Authority on Monday opened new public consultations on proposed changes to its method of calculating adjustments to free allocations related to carbon leakage, as well as on future adjustments to free allocations to account for the introduction of the country’s carbon border adjustment mechanism (CBAM).

Using just some of the revenues from taxing pollution from airplanes and ships could be used to cover the higher cost of lower-carbon fuels, according to analysis published on Monday.

An alliance of automakers, fleet operators, and civil society groups has called on the European Commission to introduce binding electrification targets for corporate fleets, with the aim of accelerating the take up of electric vehicles and cutting transport sector emissions.

Retirement levels of voluntary carbon credits were relatively low last week to dash hopes of a year-end flurry, while drama around a recent REDD+ decision from the Integrity Council for the Voluntary Carbon Market (ICVCM) brought the Core Carbon Principles (CCPs) badge of quality into the spotlight.

A carbon removal registry has seen annual retirements breach 150,000 tonnes for the first time in a market still massively dominated by Europe and the US.

Chrystia Freeland, Canadian finance and deputy prime minister, resigned from her cabinet post on Monday just hours before tabling of the national fall fiscal update, citing differences with Prime Minister Justin Trudeau about the best path forward for the country as reasons for her departure.

A major Japanese life insurer on Monday announced it will invest 3.8 billion yen ($25 million) into the Manulife Forest Carbon Fund (MFCF).

The UK Department for Transport (DfT) has launched a consultation on Monday laying out proposals for how to implement the UN's Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

Rainfall patterns are changing, crops are ripening earlier, and the normal rhythms of farming have fallen off – exactly as climate scientists warned

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Smell is the most evocative sense. I lit a mozzie coil this week and a flood of childhood memories came back. The great long, dry days of summer stretched before us as the five of us slept side-by-side in a canvas tent like a can of sardines. Playing cards in a classic Australian caravan park. Running across hot sand before jumping on a towel to save our feet. Summer meant sliding down green waves, dodging bluebottles, too much sunburn and fish and chips.

In the last 30 years though, summer has meant harvest and the battle to get the crop off in a reasonable state for the best possible price. It has meant never knowing whether the wheat would be in the bin before Christmas Day.

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