Feed aggregator

Europe’s carbon market is set to decouple from gas prices in the next five years, as abundant gas supply in the bloc leads to a halving of gas prices and tightness in the carbon market pushes prices up, according to a Goldman Sachs analyst.

Impact Earth is planning to launch a biodiversity fund that raises between $50-100 million focused on either Latin America or Southeast Asia, similar to its existing Amazon strategy, Carbon Pulse has learned.

In order to meet announced targets, the global carbon capture, utilisation, and storage (CCUS) industry will need $160 billion in investment by the end of this decade, with Europe and China leading the storage race.

Japan's environment ministry has selected several companies to advance a digital monitoring, reporting, and verification (MRV) system for the creation of domestically issued carbon credits, as the government seeks to make the process quicker and easier for market participants.

Nearly one third of credits will not be able to use the Integrity Council for the Voluntary Carbon Market (ICVCM)’s Core Carbon Principles (CCPs) label, the standard-setting body said Tuesday, while allowing one more methane methodology into the high-integrity category.

Countries in the Asia Pacific should develop an integrated market such as the European Union’s emissions trading system (ETS) and synergise different types of carbon markets in the region to create effective carbon price signals, a report released this week suggested.

One of Japan's largest oil refiners has teamed up with the trading arm of Petronas, Malaysia's state energy company, to work on voluntary projects that can generate carbon credits in the Southeast Asian country.

The environmental regulator has a history of backing fossil fuels – that is why its preliminary view on Woodside’s Browse project is extraordinary

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

The news that the Western Australian Environmental Protection Authority is likely to recommend that a massive gas export development off the state’s north-west shouldn’t go ahead is remarkable, but shouldn’t be.

We don’t know much about what the EPA told Woodside Energy in February about its Browse project off the state’s Kimberley coast. All we have is a line that WAtoday extracted from the EPA – that it had formed a “preliminary view” that the proposal was “unacceptable”.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

An Australia-headquartered junior gold miner has launched what it calls its “first major offset initiative” in the north of Cambodia, several hundred kilometres west of its flagship mine.

Thames Water, Northumbrian Water and Yorkshire Water face fines for repeated sewage leaks.

Australian low cost solar hope SunDrive cuts staff and changes CEO as it gears up for next level of commercialisation.

The post Australian low cost solar hope SunDrive cuts staff and changes CEO, but still focused on copper tech appeared first on RenewEconomy.

Decade of austerity blamed for impending closure of inner-city spaces that provide meals and outdoor activities

All nine of Leicester’s remaining adventure playgrounds are to lose all their council funding and are beginning the process of shutting down.

Three are already handing out redundancy notices and setting dates for closure in September with playworkers at another warning they are “just a few months behind”.

Continue reading...

Electrifying and decarbonising our homes can be a minefield, and many people end up thinking, why bother. A new website is now trying to take some of the pain out of the process.

The post SwitchedOn Podcast: Taking the pain out of an energy upgrade appeared first on RenewEconomy.

One of Australia's newest wind farms has topped the ranks for best performing wind assets in July, with a capacity factor of 55.2 per cent.

The post New wind farm tops charts for best performance in July, Queensland slam-dunks solar appeared first on RenewEconomy.

Australia's volatile electricity market has claimed another scalp, with a small renewables-focused retailer placed in liquidation and its roughly 800 customers divvied up among the big-three gen-tailers.

The post Energy retailer behind shared renewables collective collapses amid fresh market turmoil appeared first on RenewEconomy.

Yes, there are uncertainties about offshore wind. But uncertainty is not an excuse to delay climate action or to derail productive discussions with myths and unsupported claims.

The post I’m an Illawarra-based marine ecologist. I want an honest discussion about offshore wind appeared first on RenewEconomy.

NSW government confirms pre-election price spike fears behind decision to extend Eraring. But the modelling it relied upon has already been mugged by reality.

The post NSW confirms Eraring closure delay driven by fear of pre-election price shocks appeared first on RenewEconomy.

Married couple from Bristol attract awe and abuse on X with photos that show ‘staggering’ changes in the Alps

A tourist has posted “staggering” photos of himself and his wife at the same spot in the Swiss Alps almost exactly 15 years apart, in a pair of photos that highlight the speed with which global heating is melting glaciers.

Duncan Porter, a software developer from Bristol, posted photos that were taken in the same spot at the Rhone glacier in August 2009 and August 2024. The white ice that filled the background has shrunk to reveal grey rock. A once-small pool at the bottom, out of sight in the original, has turned into a vast green lake.

Continue reading...

The Asian Development Bank (ADB) will fund consultancy work to determine the potential of nature or biodiversity credits in funding an expansion of an initiative seeking to protect and restore the massive East Asian-Australasian Flyway (EAAF).

The Beijing municipal government will auction 1.5 million carbon allowances under its pilot emissions trading scheme in early September, with a price floor for the sale to be set later.