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Current decision-making has largely failed to consider the interlinkages between the ongoing crises in biodiversity, climate change, water, food, and health, with unaccounted-for costs estimated at up to $25 trillion per year, according to a landmark report released Tuesday by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES).

A German investment firm will offset its Scopes 1-3 emissions through a partnership with Canadian voluntary carbon project developer, it announced Monday.

The carbon removal (CDR) sector is facing an inflection point, with rising delivery delays, funding slowdowns, and a hyper-concentrated buyer market, according to new research.

A Tokyo-based firm will soon list J-Blue credits on its carbon credit exchange in a bid to provide high quality credits to the market, it announced Tuesday.

A Swiss energy firm has acquired a minority stake in a hydrogen-biochar startup, the two companies announced Monday.

Pro-nuclear countries say it is “premature” to consider a renewable energy target as part of talks over the EU’s climate goal for 2040, with Paris and Stockholm instead pushing for a low-carbon objective that also brings nuclear power into the picture.

The start date for what is to be Australia’s largest electric smelter furnace to make clean iron has been pushed back by a year and will initially use natural gas for power rather than renewable energy as originally intended.

Including carbon removals in the EU Emissions Trading System before 2040 risks exacerbating oversupply that has plagued the market, a think tank warned on Tuesday, urging the European Commission not to include any such units before then.

The free allocation of New Zealand Units (NZUs) to methanol producer Methanex could be keeping its facility afloat, but is distorting the dynamics of the country’s emissions trading scheme, a report said Tuesday.

Indonesia’s state-owned oil and gas company has signed a deal to sell a third tranche of carbon credits on the nation's domestic carbon exchange, it announced Tuesday. 

Report says rivers, the sea and surface water endangering properties and that number could hit 8m by 2050

More than 6m homes in England are at risk of flooding under the latest climate projections, a study by the Environment Agency has found.

This could rise to 8m – or one in four properties – by 2050, the study said.

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Environment Agency also served notice after investigation found failures to comply with law

The government, its water regulator and the Environment Agency could all be taken to court over their failure to tackle sewage dumping in England after a watchdog found failures to comply with the law.

An investigation by the Office for Environmental Protection (OEP) found Ofwat, the Department for Environment, Food and Rural Affairs (Defra) and the Environment Agency (EA) all failed to stop water companies from discharging sewage into rivers and seas in England when it was not raining heavily. The OEP was set up in 2020 to replace the role the European Union had played in regulating and enforcing environmental law in the UK.

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Australia’s Emissions Reduction Assurance Committee (ERAC) on Tuesday ordered applications for new projects under the beef herd management method be suspended amid integrity issues.

The New Zealand government confirmed Tuesday it will set the annual charge for forest owners in the country’s emissions trading scheme (ETS) to NZ$14.90 ($8.60) per hectare.

Renew Economy is looking to expand its team. If you are interested in the transition to green energy and the electrification of transport, this could be for you.

The post Renew Economy is hiring to expand its team and deepen its coverage of the energy and EV transition appeared first on RenewEconomy.

Mingyang says its two-headed floating offshore wind platform has begun operations despite reports of blade damage to the giant 20MW turbine.

The post Mingyang’s two-headed floating wind turbine begins operations, despite fractures in giant blades appeared first on RenewEconomy.

A bid to convert the Basslink undersea cable into a regulated transmission asset knocked back by regulator as offering too little benefit at too high a cost to consumers.

The post Regulator rejects Basslink bid in draft decision on troubled undersea cable appeared first on RenewEconomy.

Emissions from city drivers have largely fallen, while emissions from rural and regional drivers have risen. Kai Li Lim, St Baker Fellow in Electric Mobility, The University of Queensland Anthony Kimpton, Lecturer, Urban Planning, University of Southern Queensland Jonathan Corcoran, Professor of Human Geography, The University of Queensland Neil G Sipe, Honorary Professor of Planning, The University of Queensland Renee Zahnow, Associate Professor, Social Science, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Climate change could increase flood threats without improvements to defences, the Environment Agency warns.

Climate change could increase flood threats without improvements to defences, the Environment Agency warns.