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A London-based clean energy company on Monday announced it had secured £100 million from a specialist global investment manager to construct the UK’s first multi-energy hubs designed to help decarbonise commercial road transport fleets.

Taking steps to mitigate corporate impacts on nature and increasing investments in restoration efforts could unlock an estimated $1.4 trillion in business opportunities across the offshore wind, mining, ports, and automotive sectors, according to the World Economic Forum (WEF).

Using blue hydrogen in new forms of lower-emissions steelmaking instead of green will not have the same level of environmental benefits and will ultimately cost more money, according to a report released this week.

European carbon prices were modestly weaker at midday on Monday as traders foresaw a quiet session amid a lack of US participation due to a public holiday, while UKAs tumbled to a new record low as confidence continued to ebb in the British government's ability to quickly progress the market reform agenda.

A carbon removals buyers' club saw its total offtake commitments jump to a record $279 million, up from $166 mln in 2023, it said in an annual statement last week.

The developer and operator of the United Arab Emirates National Railway Network has launched the region's first-ever certificates for avoiding and reducing CO2 emissions from companies switching from road to rail transport.

The Welsh government must enhance its support for nature by spurring investment, following numerous examples of undelivered commitments, a parliamentary committee said on Monday in a report.

Pod Point reports weak demand for new cars as government says no firms will pay fines over ZEV mandate

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A charging company has said proposed UK changes to electric car sales rules could increase uncertainty over demand, as it said that it had been caught out by lower numbers of purchases by British drivers.

Pod Point, which is majority-owned by EDF Energy, said weak demand for new cars meant it made revenues of £53m in 2024 from its sales of chargers and services, compared with a £60m target. The London-listed company’s share price slumped by more than a third on Monday morning.

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Even average use of nitrogen fertilisers cut flower numbers fivefold and halved pollinating insects

Using high levels of common fertilisers on grassland halves pollinator numbers and drastically reduces the number of flowers, research from the world’s longest-running ecological experiment has found.

Increasing the amount of nitrogen, potassium and phosphorus doused on agricultural grassland reduced flower numbers fivefold and halved the number of pollinating insects, according to the paper by the University of Sussex and Rothamsted Research.

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Incoming US President Donald Trump is set declare a national energy emergency when he officially takes office on Monday, in a move aimed at unleashing fossil fuel production while reversing America’s commitment to fight climate change, according to media reports.

Top steelmakers in South Korea could face additional tariffs imposed by the US, as extra permit allocation to steel companies under the Korean emissions trading scheme is considered to constitute a subsidy, according to a recent judicial decision.

One of Japan’s largest trading houses in partnership with a leading shipping conglomerate has established a venture to create, trade, and retire nature-based carbon removals credits, they announced Monday.

New Zealand carbon allowances remain below the auction price floor with little movement expected until the next government auction in March, as the country’s climate minister has been given a broader remit in a cabinet shakeup.

The administration of new Mexican President Claudia Sheinbaum last week stated it would prioritise operationalising the country’s long-delayed emissions trading system (ETS), potentially leading a recent wave of ETS plans in the region, though subnational CO2 taxes continue as the dominant carbon pricing mechanism in the North American country.

Ozone-depleting substance (ODS) refrigerant gas projects are scarce but on the rise in a voluntary carbon market (VCM) angling to prove its integrity, and they could gain a foothold in Gulf countries best known as buyers, according to the regional lead for a VCM standard speaking in Abu Dhabi.

Australia is putting A$2 billion ($1.24 bln) behind a green aluminium industry that will use clean energy rather than coal in the production process, offering credits to smelters under a 10-year plan.

Even though 1080 is derived from native plants, not all of Australia’s native species are resistant to this lethal poison. Rachel Mason, PhD candidate in Conservation Biology, Deakin University Anthony Rendall, Lecturer in Conservation Biology, School of Life and Environmental Sciences, Deakin University Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University Licensed as Creative Commons – attribution, no derivatives.

Oil giant retracts claim it stores about a million tonnes of CO2 annually at its flagship carbon capture project after being presented with data showing the real figure at as little as a tenth of that amount. 

The post Norway’s Equinor forced to withdraw key carbon capture claim appeared first on RenewEconomy.

WestWind is seeking a federal green tick for a wind farm proposed for construction in the region of a new transmissions line that will link Victoria and New South Wales.

The post Proposed wind farm joins tussle for spot in Victoria’s north, near new transmission line appeared first on RenewEconomy.

Advances in climate attribution science are helping to make the case that individual fossil fuel companies should be made to pay compensation for climate change linked disasters.

The post Emissions to impact: How climate science will hold fossil fuel companies to account appeared first on RenewEconomy.