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Australia has released the final version of its first new method for the voluntary Nature Repair Market (NRM) allowing project developers to earn biodiversity certificates, the government said Monday.

Australian Carbon Credit Unit (ACCU) prices rebounded Monday following Friday’s sell-off in response the issuance and trade of Safeguard Mechanism Credits (SMCs).

National strategies to address the EU's incoming Emissions Trading System for heating and road transport fuels (ETS2) are patchy and moving at different paces, showing a lack of urgency across the bloc despite the scheme's looming start date in less than two years.

Voluntary carbon standard Cercarbono will on Tuesday reveal an updated methodology for reforestation, forest restoration, and woody agriculture as part of overhaul efforts to align its project protocols with international carbon programmes.

Australian pumped hydro project proposals tend not to be located at premium sites, which translates to higher costs. A new paper explains.

The post Pumped hydro doesn’t have to be expensive: If it is, it might be in the wrong spot appeared first on RenewEconomy.

Part of the system that pumps water, heat and nutrients around the globe is at risk. Climate change could slow the Antarctic Circumpolar Current down 20% by 2050. Taimoor Sohail, Postdoctoral Researcher, School of Geography, Earth and Atmospheric Sciences, The University of Melbourne Bishakhdatta Gayen, ARC Future Fellow & Associate Professor, Mechanical Engineering, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Melting Antarctic ice is releasing cold, fresh water into the ocean, which is projected to cause the slowdown

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In a high emissions future, the world’s strongest ocean current could slow down by 20% by 2050, further accelerating Antarctic ice sheet melting and sea level rise, an Australian-led study has found.

The Antarctic Circumpolar Current – a clockwise current more than four times stronger than the Gulf Stream that links the Atlantic, Pacific and Indian oceans – plays a critical role in the climate system by influencing the uptake of heat and carbon dioxide in the ocean and preventing warmer waters from reaching Antarctica.

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Heavily populated south-east Queensland is bracing for Cyclone Alfred to make landfall on Thursday Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia Licensed as Creative Commons – attribution, no derivatives.

Experts and advocacy groups have cautioned New Zealand’s climate change minister over comments he made implying the country has no legal obligation to meet its 2030 Nationally Determined Obligation under the Paris Agreement.

The Guarantee of Origin or GO rules include a compromise on below-baseline certificates for generation built before it starts.

The post Guarantee of Origin rules for renewable superpower plan hit below the baseline appeared first on RenewEconomy.

A new $12.9 million investment from the federal government will support the continued rollout of rooftop solar and batteries for social housing.

The post Federal Labor backs “bill busting” energy upgrades for social housing, including home batteries appeared first on RenewEconomy.

The team behind Victoria's first four-hour battery says costs are coming down as technology improves. For pumped hydro, it is not so easy.

The post “More megawatt-hours for the same dollars:” Battery prices coming down as demand soars appeared first on RenewEconomy.

Regulator says deliberate generator rebids - often at the market cap - were responsible for nearly half of the big price spikes last quarter. And it is the customer who will pay.

The post Baseload outages and generator rebidding: How energy customers got screwed by high prices appeared first on RenewEconomy.

Talk to your neighbours. Do they have a generator or a camping fridge you can use? This is an opportunity to get to know your community and pool your resources. Yetta Gurtner, Adjunct senior lecturer, Centre for Disaster Studies, James Cook University Licensed as Creative Commons – attribution, no derivatives.

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

The voluntary carbon market (VCM) is struggling to maintain credibility amid concerns over transparency, integrity, and regulatory inconsistencies, according to a new report.

New report skewers claims that "the world is going nuclear" and that dozens of nuclear "newcomers" will save the industry from its decades-long pattern of stagnation.

The post Nuclear power struggling to maintain current level of stagnation, let alone achieve any growth appeared first on RenewEconomy.

How a new atomic clock might be the way to tackle attacks on plane GPS systems

First term of the Albanese government fails to deliver a promised transformation in Australia's climate efforts. New government data shows just how bad the failures are.

The post Albanese’s climate report card: “D for delivery” as progress stalls appeared first on RenewEconomy.

Ghana will auction 24 million carbon credits under Article 6 of the Paris Agreement, aiming to finance sustainable development while reducing emissions, President John Mahama announced in his State of the Nation Address last week.