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European carbon made a modest recovery on Wednesday morning after weekly position data showed investment funds had further increased their already-record net short positions, while natural gas and power prices snapped a sharp two-day loss to add support to the carbon market.

Indonesia is exploring using carbon credits generated under Article 6.2 of the Paris Agreement to fund floating solar projects in the country as soon as next year, as analysis this week has downgraded the rating of its climate targets and actions to "critically insufficient". 

Nature targets will be a core driver of demand for biodiversity credits, as companies can already see the business case for the market, according to a survey published by the UN-backed Biodiversity Credit Alliance (BCA).

Steven Fuller is a winter caretaker who has lived at Yellowstone national park for the past 50 years. As the cold weather approaches and the seasonal transformation begins, he hunkers down in his remote mountain cabin. But Fuller and Yellowstone face an uncertain future, with the climate crisis threatening to change one of North America’s last great wildernesses for ever

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Accelerating the deployment of engineered carbon dioxide removal (CDR) technology involves de-risking investments, fostering partnerships between industry and government, and a clear mandate that is not too prescriptive, panelists said on the sidelines of COP28 in Dubai on Tuesday.

Exclusive: Documents show warnings that changes would weaken environmental protections were ignored

Ministers have been accused of “misleading the public” after documents obtained by Ends Report and the Guardian revealed they ignored their officials’ advice when scrapping key air quality regulations.

On 31 December, two key air quality regulations will drop off the statute book under the Retained EU Law (REUL) Act.

. Revoke the NAPCP with no replacement, with the environment improvement plan (EIP) becoming the alternative process

2. Revoke the NAPCP provisions and introduce a new process for assessing policy options, with a new process triggered by a failure or potential failure to achieve a target

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Thailand has already issued mitigation outcomes from its landmark electric bus Article 6.2 carbon crediting programme and is "on track" to complete the first-ever transfer of an ITMO for use under an NDC national emissions pledge before the end of the COP28 conference, according to stakeholders close to the process.

A new hydrogen methodology presented at COP28 may facilitate greenwashing practices from the fossil fuel industry, say concerned NGOs.

An Indian carbon offset project developer has signed a Memorandum of Understanding (MoU) with a major government-owned oil company to promote indoor solar cooking systems at the household level in India and other developing economies, it said Wednesday.

It's Day 7 of COP and Carbon Pulse journalists are still going strong as Week 1 draws to a close. 'Urbanisation Day' here in Dubai, and several scary reports are emerging around global warming tipping points, as progress continues in negotiation rooms on the Global Stocktake and Article 6, with phaseout language, and UN crediting in focus. The EU's CBAM and concerns over a clean energy subsidy race are also infiltrating negotiating rooms, a key theme likely to spill over into Week 2. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (Gulf Standard Time, GMT+4).

The first use of carbon credits to de-risk the financing of large-scale grid infrastructure build-out in developing countries, using the Paris Agreement's Article 6.2 mechanism, has been put forward with the launch of a new study in partnership with a European utility-backed project developer, to be put into practice in an African country in need of transmission line upgrades.

Sixth day of Cop28 comes as new report says threats to humanity drawing closer as carbon pollution heats the planet to ever more dangerous levels

Good times! The guitarist Nile Rodgers has made an appearance with activists at Cop28.

Rodgers is co-founder of the We Are Family Foundation, which staged a joint #Education4Earth event with Earth Day at Cop28’s Blue Zone.

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Environmental groups and nature experts have welcomed Australia’s Nature Repair Market legislation being passed in Parliament with amendments to prohibit the use of offsets, however lingering concerns remain about how this would exactly work in practice. 

An actual platypus in the dam – a miracle!

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Urine found to contain ‘significantly’ increased concentrations of glyphosate, which is associated with fetal problems

Pregnant women living near farm fields show “significantly” increased concentrations of glyphosate weedkiller in their urine during periods when farmers are spraying their fields with the herbicide, according to a new scientific paper published on Wednesday.

The research team said the findings were concerning, given recent studies that have found gestational exposure to glyphosate is associated with reduced fetal growth and other fetal problems. Glyphosate separately has been linked to cancer and other health problems.

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A Singapore-headquartered carbon exchange has teamed up with a project ratings agency to launch a new contract for the voluntary market that only includes credits from the highest-ranked projects.

Snowy Hydro's Hunter Power Project has kept a low profile compared to Snowy 2.0 – but it has a strikingly similar list of troubles sending it over budget and off schedule.

The post Another dud Snowy Hydro project, squandering over $1.5bn of taxpayers’ money appeared first on RenewEconomy.

Danish wind turbine manufacturing giant Vestas has received type certification for its 15MW offshore wind turbine, making the turbine ready for commercial use.

The post Vestas massive 15MW offshore wind turbine ready for service appeared first on RenewEconomy.

EnergyAustralia reveals updated plan for NSW pumped hydro project with key components hidden from view as it seeks to finalise several major battery projects.

The post EnergyAustralia hides pumped hydro from view as it seeks to lock in giant Victoria battery appeared first on RenewEconomy.

Nature, everyone agrees, is in trouble. But can Australia’s new market-based mechanism help? Patrick O'Connor, Associate Professor, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.