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Carbon leakage is a problem that is still worth worrying about for Australia, and a Carbon Border Adjustment Mechanism (CBAM) is a logical way to address it, an industry expert told a Sydney conference Tuesday.

AGL Energy inks 15-year deal with Microsoft to supply the global software and tech giant with renewable energy certificates from what will be the biggest wind farm in NSW.

The post AGL on-sells certificates from giant wind farm to Microsoft in new 15 year deal appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Exclusive: hubs cover about 5% of the 176,000 ha of forest that will be assessed for protection within great koala national park

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Logging in high value koala habitat on the New South Wales mid-north coast will cease immediately while the state government consults experts about plans to establish a great koala national park.

The announcement follows weeks of pressure from communities that had accused the Minns government of stalling on an election promise and allowing forestry operations to continue in areas that had been earmarked for the proposed park.

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Revisions to California's cap-and-trade allowance budgets over the 2025-30 period must take effect next year in order for the state to account for its free permit allocations to industry and utilities, an official for state regulator ARB said Monday.

New Zealand’s kelp forests provide food and shelter for many marine species of commercial and cultural value. But they are at risk from warming oceans, run-off from land and marine invaders. Christopher Cornwall, Lecturer, Te Herenga Waka — Victoria University of Wellington Wendy Nelson, Senior Research Fellow, Auckland War Memorial Museum Licensed as Creative Commons – attribution, no derivatives.

While a blow to government’s targets for offshore wind and full decarbonisation, the auction shows wind and solar remain the cheapest way to generate electricity.

The post UK renewables still cheaper than gas, despite auction setback for offshore wind appeared first on RenewEconomy.

An official from the Washington Department of Ecology (ECY) on Monday detailed the department's rationale for releasing millions of more allowances at its forthcoming reserve sale than at the previous auction, and also described the state’s forthcoming measures to prepare for possible linkage with the California-Quebec cap-and-trade market.

Mark Gregory from Flinders University discusses the development of vehicle to grid technology, and the future of cars as batteries on wheels.

The post The Driven Podcast: Australia’s biggest vehicle to grid installation appeared first on RenewEconomy.

Scientists in Hawaii got up close to the active volcano to study its latest eruption

Researchers are experimenting with robots to help speed up the restoration of coral reefs.

The world’s first carbon credits for domestic energy efficiency retrofit are being launched in the UK through a financing mechanism whereby part of the credit proceeds are reinvested into financing power purchase agreements to facilitate household installations of clean energy.

The Policy Advisor, British Columbia provides strategic leadership, technical expertise, and relationship building for Nature United’s engagement with the Government of British Columbia, municipal governments in the Province, and other partners to achieve our 2030 goals for conservation. They report to the Director of Strategic Partnerships and work closely with Nature United’s British Columbia Conservation, Natural Climate Solutions, Indigenous Stewardship Strategy and the Marketing & Communications programs.

Reporting to the Technical Team Deputy Director, the Forest Carbon Lead will be part of CC’s Technical team and will be responsible for overseeing the development of technical aspects of CC’s forest carbon project development and subsequent operation. This position will build and implement the scalable systems and essential protocols that support and deliver the required technical outcomes of a growing, full-service, carbon development company.

Three global business coalitions have released co-produced foundational guidance to lead companies to a “nature-positive” future, as corporate focus on risks and dependencies ramps up.

Zambia has signed an agreement with a Chinese forestry firm to commission the development of nature-based carbon credit projects that will cover more than 4 million hectares of some 5% of the African nation’s landmass.

A Canadian-headquartered carbon project developer wants to pay US$15.5 million for a 20% stake a carbon capture and utilisation (CCU) startup following signing of non-binding agreement.

California Low Carbon Fuel Standard (LCFS) credit values jumped on Monday morning after state regulator ARB published its plans to strengthen the environmental performance of the transportation sector climate programme, though some market participants are unsure about how bullish the proposed changes really are.

RGGI Allowance (RGA) values reached new year-to-date highs through a US holiday-shortened and auction week prefiguring the next Program Review Meeting scheduled later in the month.

Country has experienced 23 extreme weather events costing $1bn or more already this year, passing previous mark of 22 in 2020

With four months of 2023 still left, the US has set a record for the most natural disasters in a single year that have cost $1bn or more, as fires, floods and ferocious winds were among deadly events experts warn are being turbo-charged by the climate crisis.

The National Oceanic and Atmospheric Administration (Noaa) announced on Monday that there have already been 23 extreme weather events in the US this year that have cost at least $1bn. The current figure surpasses the record of 22 such events set in 2020.

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