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Revenues from the voluntary carbon market are just as good as those from logging in the Peruvian Amazon, according to a company that has transitioned from timber operations to selling carbon credits.

South Korean steelmaking major POSCO should announce a plan to close down three blast furnaces by 2030 to help limit global warming to 1.5C above pre-industrial levels, a report has urged.

UN aviation body ICAO has awarded full approval to at least four more voluntary carbon standards for Phase 1 of CORSIA (2024-26), Carbon Pulse has learned, meaning their credits will become eligible for use by airlines during the current stage of the international offsetting scheme.

Achieving the goals of the Paris Agreement, and meeting the commitment made at COP28 last year to triple renewable energy capacity by 2030, needs commitments from governments, money from the private sector, but more than anything manufacturing and supply chains to develop further, the International Energy Agency (IEA) said in a report on Wednesday.

Australia’s first full-time chair of the Emissions Reduction Assurance Committee (ERAC), which deals with carbon farming credits, has praised the quality of carbon method proposals submitted through the expression of interest (EOI) process, but could not say how long it would take for those selected to be developed.

A French issuer of trade credits has introduced a product that issues surety bonds and guarantees for low-carbon technologies and renewable energy projects, and holds the premiums as investments in certified green bonds, it announced on Wednesday.

Origin says it has begun construction on the second stage of the giant two gigawatt hour battery that will help replace Australia's biggest coal generator.

The post Origin begins construction of four-hour battery addition to help replace Australia’s biggest coal generator appeared first on RenewEconomy.

The BBC’s Laura Bicker sees the Shenzhou 19 spacecraft take off in a record year of space exploration.

UK ‘among most nature-depleted countries in the world’ warns environment secretary

• Autumn budget live: latest news updates

Farmers and conservationists will have to “learn to do more with less” ahead of expected deep budget cuts to the Department for Environment Food and Rural Affairs (Defra), the environment secretary has said.

Steve Reed said that Labour would continue to prioritise the restoration of the nature in England, but acknowledged that the chancellor’s budget would be “difficult”.

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One container ship of solar PV modules can make the same amount of electricity as 100 ships of coal, according to the IEA's latest report.

The post One shipment of solar PV is worth more to the grid than 10 ships of coal: IEA says fossil fuels losing race appeared first on RenewEconomy.

Squadron Energy adds yet another massive wind energy and battery proposal to its project pipeline, this time west of Yass.

The post Forrest’s Squadron Energy unveils massive new wind and battery project for NSW appeared first on RenewEconomy.

Market revenue for Australia's growing fleet of big batteries near trebles, driven by price volatility and from being paid to charge when wholesale prices fall below zero.

The post Big battery revenues surge in latest quarter, helped by being paid to charge as prices fall below zero appeared first on RenewEconomy.

A preferred route for the Victorian component of the controversial VNI West transmission line has been released, but not everyone is happy with the proposed path.

The post VNI West: Victoria sets out preferred route for contentious new transmission line appeared first on RenewEconomy.

ClearVue Technologies has kicked off the new financial year with a pilot that will trial a combination of its solar glazing and cladding for use in a prototype prefab net zero home.

The post ClearVue trials solar glass and cladding in prefab house pilot, as it enters key global markets appeared first on RenewEconomy.

Ted O’Brien and Peter Dutton don’t seem know much about electricity costs and pricing. Contrary to their claims, Australian consumers actually pay less than their Ontario counterparts.

The post Ontario’s huge nuclear debt and other things Dutton doesn’t understand about cost of electricity appeared first on RenewEconomy.

The Emissions Reduction Assurance Committee (ERAC) has selected four proposed carbon credit methods to progress to the next stage of development, however other closely-watched ones have been pushed back to the first half of next year, the minister told a conference Wednesday.

The battery project that will be South Australia's biggest once up and running has reached mechanical completion two weeks early.

The post South Australia’s biggest battery hits construction milestone two weeks ahead of schedule appeared first on RenewEconomy.

Forty-eight percent of the world went through at least one month of extreme drought in 2023.

Almost half of global land area saw extreme drought for at least one month, according to Lancet Countdown

Heat-related deaths, food insecurity and the spread of infectious diseases caused by the climate crisis have reached record levels, according to a landmark report.

The Lancet Countdown’s ninth report on health and the climate breakdown reveals that people across the world face unprecedented threats to their health from the rapidly changing climate.

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Public support for climate interventions varies significantly by demographics, with younger people and those in poverty more supportive of engineered approaches to mitigation compared to older or wealthier groups, a new study reveals.