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Facilities covered under the Safeguard Mechanism have for the first time been asked to provide explanations for heavy reliance on Australian Carbon Credit Units (ACCUs) to meet their obligations, giving reasons ranging from unexpected production increases to limited carbon abatement technologies being available.

Environmental pledges are being shredded to please agribusiness and appease extremists. It’s a terrible mistake

The EU’s great green deal cave-in has been nothing less than spectacular. As aggressive lobbying and violent farmers protests ramped up in the last year, Brussels has killed plans to cut pesticide use by half, to green farming practices, to ban toxic “forever” chemicals, to rein in livestock emissions and, last week, to restore nature to 20% of Europe’s land and seas.

The aim may have been to create breathing space. Predictably, that hasn’t worked. The bloc’s anti-deforestation regulation seems likely to be the next green reform for the chop, with 20 agriculture ministers reportedly calling for it to be pared back and suspended on Monday, citing “administrative burdens”.

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The New Zealand ETS saw a new volume record in the secondary market thanks to the surge in trading activity in the lead up to and aftermath of last month’s NZU auction, a broker told Carbon Pulse Tuesday.

A Japanese project developer has teamed up with a listed real estate company in the Philippines to promote a carbon removal project featuring rice husk biochar, as it seeks to continue expanding its presence in Asia's voluntary market.

Increase in fairtrade sales to £13m shows shoppers still prioritising environment and workers’ wellbeing

British consumers might have faced the sharpest increase in living costs for four decades, but despite the cost of living crisis, concerns over the environment and the treatment of farmers in poorer countries has fuelled a steady increase in ethical shopping.

As households across the country rein in their spending to deal with rising bills, Michael Gadney, the chief executive of the Fairtrade Foundation trade body, said consumers were still prioritising ethical products.

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Australia's biggest group of clean energy investors calls for urgent review after release of final calculations on wind and solar generator ratings.

The post Marginal loss factor rules undermining urgent renewables growth, investors warn appeared first on RenewEconomy.

Combet defends solar "sunshot" plans, saying Australia needs sovereignty over industries of the future.

The post Solar Sunshot “common sense policy,” says Combet, as critics take aim appeared first on RenewEconomy.

A large tech company in Japan has partnered with a major financial group to drive nature positive actions aimed at conserving natural capital and biodiversity, they announced this week.

Why Australia is at risk of being flooded by cheap, inefficient, 'faux' hot water heat pumps.

The post SwitchedOn Podcast: Australia has a heat pump problem appeared first on RenewEconomy.

Marsupial rescue, rehabilitation and release statistics from New South Wales and Kangaroo Island during Black Summer fires reveal poor survival rates, despite the courageous efforts of volunteers. Catherine Herbert, Associate professor, University of Sydney Chris Dickman, Professor Emeritus in Terrestrial Ecology, University of Sydney Holly Cope, Honorary Research Associate, University of Sydney Rachael Gray, Associate Professor in Veterinary Pathology, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Plans unveiled to build 300MW wind farm next to coal plant in south-west Queensland.

The post Wind farm proposed near coal plant embroiled in CCS controversy appeared first on RenewEconomy.

Fortescue misses third deadline for FID on Gibson Island hydrogen project, meaning Genex must look for other customers for its Bulli Creek solar farm.

The post Giant solar project in limbo as Forrest misses another deadline on key green hydrogen project appeared first on RenewEconomy.

A voluntary carbon project developer has teamed up with a platform to develop an offset protocol to mitigate risks from orphaned and abandoned oil wells.

A range of investment funds opened accounts in California’s WCI-linked carbon market in Q1 according to state data published Friday.

Traders largely widened their net length across North American carbon markets, with a preference for longer dated vintages, according to data published Friday by the US Commodities Futures Trading Commission (CFTC).

Yet another study of current carbon offset protocols published Monday shows forest buffer pools to be insufficient in insuring against risk of natural disturbances such as tropical wildfires, disease, and extreme weather, with greater significance for older forests.

The New Zealand government has released a 36-point action plan for the country’s economy over the next quarter, which includes moves to keep the agriculture sector out of the ETS, as well as reviewing its methane science and targets.

RGGI allowance (RGA) values reached new peaks for the third consecutive week amid market expectations of further rises until sellers lock in profits, with price stabilisation likely after the finalisation of programme changes.

The Washington Clean Fuel Standard (CFS) saw its credit surplus more than double in the third quarter of 2023, as ethanol and renewable represented the largest sources of credit generation, according to recently published and updated state data.

Woman has a narrow escape after falling into a flooded drain in Daylesford, as central Victoria and western Melbourne hit by flooding and building damage

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Victoria’s emergency services fielded almost 500 requests for help as thunderstorms, damaging winds and heavy rain pummelled Melbourne’s western suburbs and the centre and east of the state.

There were close to 250 reports of building damage and 110 food-related incidents across the state in the 24 hours to 7am, the State Emergency Service said.

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