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European carbon prices corrected lower for much of the morning following two highly bullish sessions, with multiple participants citing the influence of a London conference as boosting sentiment in recent days, as easing gas prices on Friday also pressured EUAs to undo some of their strength.

Prices in China's CO2 allowance market remained above 100 yuan ($14.15) after the Golden Week holidays, with a surge in weekly trading volumes amid growing compliance demand.

UK-headquartered conservation company Environment Bank has partnered with Barclays bank to hasten the biodiversity net gain (BNG) policy uptake among England-based farmers and house builders.

The European Commission has issued draft rules establishing a Union database to ensure only certified green fuels are counted for the achievement of EU decarbonisation targets, while avoiding any risk of fraud or double counting.

Beijing will give priority to carbon credits generated within the region, allowing emitters to use more locally created units to offset part of their obligations under the local emissions trading scheme.

Denmark has published a national biochar strategy that outlines how the government plans to use the carbon removal process to meet its climate neutral 2045 target, and 2050 carbon negative target.

The Species Protection Index (SPI), among the indicators of the Global Biodiversity Framework (GBF), could have a crucial role in building the foundations of the nascent biodiversity credit market, its developers told Carbon Pulse.

An affiliate under South Korea's ocean ministry is preparing measures to increase the country's blue carbon resources, with focus on the introduction of an offset programme and the cultivation of seaweeds.

ACX has moved its clearing house to Singapore from Abu Dhabi to better deal with the 'realities' of the voluntary carbon market, the exchange operator told Carbon Pulse, as it unveils an updated trading platform.

The best of this week’s wildlife photographs from around the world

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Another peer-reviewed paper has found “extreme levels of non-compliance” in Australian human-induced regeneration (HIR) projects, despite the Clean Energy Regulator (CER) continuing to claim the carbon credit scheme is sound.

The supposedly green project – brainchild of the previous Tory government – will increase emissions, not reduce them

This will be Keir Starmer’s HS2: a hugely expensive scheme that will either be abandoned, scaled back or require massive extra funding to continue, after many billions have been spent. The government’s plan for carbon capture and storage (CCS) – catching carbon dioxide from major industry and pumping it into rocks under the North Sea – is a fossil fuel-driven boondoggle that will accelerate climate breakdown. Its ticket price of £21.7bn is just the beginning of a phenomenal fiscal nightmare.

There might be a case for a CCS programme if the following conditions were met. First, that the money for cheaper and more effective projects had already been committed. The opposite has happened. Labour slashed its green prosperity plan from £28bn a year to £15bn, and with it a sensible and rational programme for insulating 19m homes.

George Monbiot is a Guardian columnist

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Australia’s Clean Energy Regulator has launched a consultation on its Australian Carbon Credit Unit (ACCU) registry and exchange currently in development.

Construction begins at Hydrogen Park Murray Valley, where a 10MW electrolyser is expected to generate around 500 tonnes of renewable hydrogen a year for use in gas mains.

The post First sod turned at Arena-backed renewable hydrogen project with green gas ambitions appeared first on RenewEconomy.

Some Florida residents rode out Hurricane Milton despite evacuation orders, staying in their homes after the second major hurricane in two weeks. Milton slammed into Florida as a category 3 storm, killing at least 10 people, spawning tornadoes and leaving more than 3 million homes and businesses without power

• All our Hurricane Milton coverage

• A visual guide to Milton's damage

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Australia could create thousands of jobs and transition workers out of the fossil fuel industry if wind towers were produced at home, a research group says.

The post Call for Australia to make wind turbine towers as well as solar PV and battery storage appeared first on RenewEconomy.

Renewable records continue to tumble, while a big battery helps solve one of the grid's main challenges. Julius Susanto from Ampere Labs joins us to explain. Plus: Lots of big wind stories.

The post Energy Insiders Podcast: A spring full of renewable and battery records appeared first on RenewEconomy.

The growth of rooftop solar is creating new headaches for the market operator in terms of minimum demand. But the first big battery in the country's most vulnerable state may have already fixed the problem.

The post Big batteries have already put an end to minimum demand shocks in Australia’s most vulnerable grid appeared first on RenewEconomy.

With Hurricanes Helene and Milton reminding us of the destructive force of such storms, the tropical cyclone forecast for Australia is for an average number but with a higher risk of severe cyclones. Andrew Dowdy, Principal Research Scientist in Extreme Weather, The University of Melbourne Liz Ritchie-Tyo, Professor of Atmospheric Sciences, Monash University Savin Chand, Senior Lecturer, Applied Mathematics and Statistics, Federation University Australia Licensed as Creative Commons – attribution, no derivatives.

State Coalition parties seem determined to stop renewables, with Victoria re-heating a decade-old wind buffer plan and Queensland vowing to burn coal for as long as it can.

The post “All over the shop:” State Coalition leaders join push to stymie renewables, prop up fossil fuels appeared first on RenewEconomy.