Feed aggregator

Co-legislators for the European Parliament and Council of member states struck a deal to reform the EU’s electricity market design early on Thursday morning, aiming to reform the market so as to shield citizens from higher energy prices and enable increased investments in renewable capacity.

A major Japanese power company has inked an agreement with a global commodity trader for the supply of liquefied natural gas (LNG) alongside investment in a nature-based carbon project in Australia, which it said was the first deal of its kind in Japan.

Tech giant Microsoft has collaborated with a biochar producer for large-scale removal of carbon emissions with credits to be delivered within the next six months, the company announced.

A consortium led by a Japanese bank has teamed up with two regional governments for the development of forest-based carbon credits under the domestic J-Credit programme, the companies announced Thursday.

New Zealand’s Climate Change Commission (CCC) has provided its first set of advice to the newly elected conservative government, saying it is not on track to meet its 2030 climate goals, and has urged it to resolve underlying issues with its emissions trading scheme.

All Australian banks and investors will soon need to make zero-deforestation commitments because it is increasingly well known that Australia is a deforestation hotspot, and this is attracting the scrutiny of legislators, consumers, and investors, the Wilderness Society writes.

A group of companies said Thursday they have bid to explore several of the 10 areas made available for carbon capture and storage location exploration by the Australian government earlier this year in a bid to establish themselves in the emerging Asia-Pacific CCS value chain.

Rife deforestation 500 years ago aligns with western barbastelle slump, finds study of bat DNA

The examples of flora and fauna disappearing because of human excesses over the past 50 years are manifold, but research has found that the decline of a characterful bat began in the UK when its trees were felled for shipbuilding 500 years ago.

Experts from the University of Exeter and the Bat Conservation Trust (BCT) have concluded that a 99% drop in Britain’s western barbastelle bat populations began when trees were chopped down in the early days of Britain’s empire building.

Continue reading...

Greenpeace Australia Pacific has filed a lawsuit against a major oil and gas company over claims the company has made in connection with its use of offset credits.

The overriding question the world now faces is whether the broad commitments nations agreed to are enough as climate change gathers pace. The answer, alarmingly, is no.

The post COP28 deal suggests days of fossil fuels are numbered – but climate catastrophe is not yet averted appeared first on RenewEconomy.

Countries agreed to ‘transition away’ from fossil fuels, but oil and gas firms are ramping up production.

The post The COP28 climate agreement is a step backwards on fossil fuels appeared first on RenewEconomy.

Bowen says COP28 agreement is a "big deal", with a clear warning to fossil fuels that the world is committed to transition to clean energy. But will it be quick enough?

The post “Read the text:” Bowen’s warning to fossil fuel industry as COP finally embraces transition appeared first on RenewEconomy.

US prosecutors say the pair sold birds that they shot on a reservation in Montana.

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

One of the most contested wind projects in NSW wins planning approval from department, just the second wind project in five years in the state. But it still has another hurdle to jump.

The post Hills of Gold: Contested New England wind farm wins planning approval appeared first on RenewEconomy.

Scientists use a radar satellite to take a "tape measure" to the world's biggest block of ice.

Artificial intelligence helps people identify what animals they are looking at and aids conservation.

Investigations suggest a large share of ‘used’ cooking oil being imported could be wrongly labelled as demand outpaces supply

Tighter rules are needed to ensure that the imported “used” cooking oil that airlines hope will power cleaner flights is not in fact virgin palm oil, campaigners have warned.

About 80% of waste oil is imported to create biofuels that are mostly still used in cars, vans and lorries despite growing demand from aviation. About 60% of those imports come from China.

Continue reading...

People love natural swimming spots, but it’s important to manage them well to protect both swimmers and the environment. Nicky Morrison, Professor of Planning and Director of Urban Transformations Research Centre, Western Sydney University Ian A. Wright, Associate Professor in Environmental Science, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) is looking to advance infrastructure for transport and storage of CO2 from industrial and power generation sources in pursuit of federal climate goals.