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France has opened a consultation on proposed revisions to its 'low-carbon label' methodologies, concerning afforestation, reforestation, and the restoration of degraded agricultural land in French Guiana.

South Korea is planning to allocate a budget of up to 10.9 billion won ($8.09 mln) to subsidise domestic companies that plan to develop emissions reduction projects abroad this year, as the government seeks to secure more international carbon credits. 

Despite major progress in Brazil and Colombia, deforestation led by farming still cleared an area nearly equal to Switzerland

The destruction of the world’s most pristine rainforests continued at a relentless rate in 2023, despite dramatic falls in forest loss in the Brazilian and Colombian Amazon, new figures show.

An area nearly the size of Switzerland was cleared from previously undisturbed rainforests last year, totalling 37,000 sq km (14,200 sq miles), according to figures compiled by the World Resources Institute (WRI) and the University of Maryland. This is a rate of 10 football pitches a minute, often driven by more land being brought under agricultural cultivation around the world.

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Schemes to replace EU subsidies will not plug gap left by loss of EU subsidies for most farmers

Farmers are calling for the government to grant them a universal basic income, saying the post-Brexit agriculture subsidy scheme has left many poorer.

Delays to the sustainable farming schemes put in place after the UK left the European Union, to replace the common agricultural policy (CAP), have meant that in England many farmers have been left out of pocket. The new regime initially suffered from low subscription rates, and the government has underspent hundreds of millions from the £2.4bn farming budget each year due to lack of sign-up.

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AEMC makes good on promise to fast-track universal smart meter uptake, with draft determination it says will help put consumers at the forefront of the shift to net zero.

The post Smart meters for all? New reforms could put 2030 target in reach appeared first on RenewEconomy.

Brazil and Colombia curbed logging in 2023, but other countries wiped out many of the gains.

A number of stakeholders are urging the Australian government to reign in broad ministerial call-in powers being proposed under its reforms to the country’s environment and biodiversity protection laws.

Australia used public monies to build coal power plants and subsidies diesel imports, so why not back local solar production.

The post Solar Sunshot puts Australia in global cleantech race, and Liddell is the perfect venue appeared first on RenewEconomy.

The majority of global CO2 emissions released into the atmosphere since the Paris Agreement was adopted in 2015 can be traced to a small group of fossil fuel and cement companies, according to analysis published on Thursday.

China is delivering stunning reductions in the cost of wind and solar. Will it flow through to Australia?

The post With luck, China’s stunning cuts in the cost of wind and solar will feed through to Australia appeared first on RenewEconomy.

Arena boss Darren Miller on the Solar Sunshot, and why Australia needs a stake in the supply chain. Plus: Households lead renewables charge, and the growth of solar balconies.

The post Solar Insiders Podcast: Can Australia make its own solar? appeared first on RenewEconomy.

Two-thirds of opportunities in the green economy are yet to grab investor attention, the co-founder of Sun Cable says.

The post Sun Cable co-founder urges “big bets” on solar and battery recycling, and green exports appeared first on RenewEconomy.

NSW solar farms dominate output rankings in month of March, as overall wind and solar output leaps 17 pct from a year ago.

The post Sun shone on NSW solar farms in March, while wind again blew best out west appeared first on RenewEconomy.

Households and businesses led the renewable energy transition in NSW, offsetting a fall in large scale wind and solar.

The post Households and businesses are leading Australia’s race to renewables and electrification appeared first on RenewEconomy.

Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal

A mere 57 oil, gas, coal and cement producers are directly linked to 80% of the world’s greenhouse gas emissions since the 2016 Paris climate agreement, a study has shown.

This powerful cohort of state-controlled corporations and shareholder-owned multinationals are the leading drivers of the climate crisis, according to the Carbon Majors Database, which is compiled by world-renowned researchers.

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An agtech partnership with an emissions trading marketplace launched on Wednesday aims to provide more than 30,000 smallholder farmers in Nigeria with access to carbon finance.

Stakeholders have criticised the latest draft of British Columbia’s second forest carbon offset protocol (FCOP 2.0) over the prospects of limited interaction with the voluntary carbon market (VCM) and for other perceived design flaws, according to a report.

Another giant wind project is emerging in south-west NSW, covering more than 400 sq kilometres near the route of the new link with South Australia.

The post Westwind eyes new 1.5GW wind project in south-west NSW appeared first on RenewEconomy.

California’s low carbon fuel standard (LCFS) prices fell around 5% this week with the reopening of a renewable diesel (RD) refinery flooding an already oversupplied market.

A US steel producer on Wednesday announced a 20-year agreement with a carbon capture technology firm to establish a CCUS facility at one of North America’s largest integrated steel mills.