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Macao this week unveiled a voluntary carbon exchange backed by a leading Chinese private equity firm, which aims to help China link up with international markets.

Australia's conservative Coalition party's failure to clarify its position on the Safeguard Mechanism and the lengthy development process of new Australian Carbon Credit Unit (ACCU) methods has created an air of uncertainty in the market, experts told Carbon Pulse this week.

Mainstream registries on the voluntary carbon market (VCM) should move more quickly on integrating AI into methodologies and monitoring systems in order to speed up their processes and ensure greater efficacy of their approaches, the CEO of a technology provider in the space has said. 

Fears raised that biodiversity summit not addressing countries’ failure to meet a single target to stem destruction of natural world

Governments risk another decade of failure on biodiversity loss, due to the slow implementation of an international agreement to halt the destruction of Earth’s ecosystems, experts have warned.

Less than two years ago, the world reached a historic agreement at the Cop15 summit in Montreal to stop the human-caused destruction of life on our planet. The deal included targets to protect 30% of the planet for nature by the end of the decade (30x30), reform $500bn (then £410bn) of environmentally damaging subsidies, and begin restoring 30% of the planet’s degraded ecosystems.

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The State of the Climate report shows Australia's average temperatures have already risen 1.5 C for the first time since records began, as the latest Clean Energy Regulator issuance saw an increase in Australian Carbon Credit Units (ACCUs).

The Beijing municipal government will auction one million carbon allowances under its pilot emissions trading scheme in November, with a price floor for the sale to be set later.

Hopes of tangible progress at the approaching UN climate summit COP29 in Baku, Azerbaijan, are at risk of being quashed by pro-fossil fuel interests and signs of government corruption, according to a report by Transparency International (TI) released Thursday.

A combined hydrogen and solar project is up for public consideration in the federal green queue, proposed by a company featuring several former key players in the LNP.

The post Former Coalition minister and Nationals boss emerge as chair and CEO of solar and hydrogen hopeful appeared first on RenewEconomy.

Human-caused climate change made recent extreme weather events more intense and more likely, new analysis finds.

Australian start-up attracts $45m from some of world's biggest PE funds and a local billionaire for its digital twin technology helping network companies manage their assets.

The post Australia 3D network modelling firm lands $45 million to target global markets appeared first on RenewEconomy.

Neoen told it must sell its operating and development projects in Victoria if the proposed takeover by Brookfield is to pass muster.

The post Neoen told it must sell renewable and battery hubs to allow Brookfield deal appeared first on RenewEconomy.

Consumption of hard coal in power plants to generate electricity fell by 39 per cent in 2024, despite the closure of the last nuclear plants last year.

The post German coal use plunges nearly 40 per cent in 2024, despite nuclear exit appeared first on RenewEconomy.

Brazil’s Federal Public Prosecutor’s office (MPF) on Tuesday called upon state courts to decline three carbon project cases in favour of federal jurisdiction, in the name of addressing carbon markets questions of national consequence.

California has reached an agreement with an airlines trade organisation to scale the state’s sustainable aviation fuel (SAF) supply to 200 million gallons (757 million litres) by 2035, regulator ARB said Tuesday.

Experts outlined during a Wednesday webinar the potential for so-called "transition" carbon credits to facilitate the energy transition, but noted that challenges remain in the ongoing development of the nascent asset class.

Personal action on climate still has a place – but it works far better with institutional backing Sukhbir Sandhu, Associate Professor in Sustainability, University of South Australia Licensed as Creative Commons – attribution, no derivatives.

The federal government has cleared its state counterpart's plan for a massive 250 MW electrolyser and 200 MW hydrogen power plant at Whyalla.

The post Australia’s biggest hydrogen project wins federal green tick appeared first on RenewEconomy.

A group of ministers from 20 countries in the Global South have published a statement seeking urgent action to boost biodiversity financing for developing countries, while flagging issues with the global fund intended to support them. 

What is climate change doing to the world's driest inhabited continent? Latest CSIRO and BoM report checks in on the worsening impacts of global warming on Australia's environment and communities.

The post Australia’s land is already 1.5°C hotter and faces intense fire season, ocean heatwaves and sea-level rise appeared first on RenewEconomy.

Network operators want consumers to pay more for gas pipeline access, because they fear accelerated switch to all electric homes will leave their assets stranded.

The post Death spiral: Network blows up renewable gas claims, wants to hit consumers for cost of stranded assets appeared first on RenewEconomy.