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The European Commission published draft legislation on Wednesday setting out rules for oil and gas producers who are legally obliged to contribute to an EU-wide target of CO2 storage capacity under the bloc's Net Zero Industry Act (NZIA).

Japan has pledged to utilise the bilateral Joint Crediting Mechanism (JCM) for its climate ambitions, but the lengthy project development process and changes in the international institutional environment have raised doubts over the programme's ability to generate a sufficient amount of credits, according to observers.

A carbon rating agency has assigned a relatively low score to the first approved project that has transitioned to the new Paris Agreement Crediting Mechanism (PACM) from the Kyoto-era Clean Development Mechanism (CDM).

The run-up to 2016 shows ‘common sense’ isn’t enough. Even ignorant, reactionary arguments must be properly countered

Kemi Badenoch’s speech on climate this week was not interesting of itself: she said net zero couldn’t be achieved by 2050 “without a serious drop in our living standards or by bankrupting us”. She has no expertise in climate science, no background in renewables or apparent familiarity with the advances made in their technology, no qualification in economics – just about the only bit of that sentence she knows anything about is bankrupting us.

Yet even if Badenoch can take its particulars and shove them, the fact of its existence is interesting for a number of reasons. First, this attack on net zero has been predicted, not secretly by new-Conservative fellow travellers, though conceivably them too, but by progressives – and for years. Among the first was the Cambridge academic David Runciman, who predicted a backlash against action on the climate crisis as the new galvanising issue on the radical right after it had moved on from Brexit. On his Talking Politics podcast, he was in conversation with Ed Miliband, who took that point but said he hoped Runciman was wrong. He was not wrong.

Zoe Williams is a Guardian columnist

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Carbon dioxide removal (CDR) certifier and platform Puro.earth has reached a milestone of issuing more than 1 million removal credits (CORCs) since its first issuance in 2019.

Vietnam’s Department of Climate Change (DCC) under the new Ministry of Agriculture and Environment (MAE) is working to design voluntary carbon accounting programmes and labelling for emissions-heavy businesses that export to Europe and the US.

A newly formed Australian renewables and storage developer has unveiled its first four battery projects in NSW and Victoria.

The post New Australian developer targets big batteries with four projects in NSW and Victoria appeared first on RenewEconomy.

Local community is divided over a big battery project in north-east Victoria, and the council has voted against it, despite support from mayor and staff.

The post “Not the right fit:” Community fractured as local council votes to oppose big battery project appeared first on RenewEconomy.

For a country such as Pakistan, battered by the impacts of climate change, policies like carbon markets and taxes will fail the nation unless adapted to local realities, a Supreme Court judge told an event this week.

Researchers cite £2.4bn annual cost of flooding and say a third of England’s critical infrastructure is at risk

Spending on flood defences will fall off a cliff edge next year, a report warns, calling on the chancellor to commit at least £1.5bn a year in the spending review to protect the economy and the public.

Nearly 2 million people across the UK are exposed to flooding every year, which is equivalent to the combined populations of Birmingham, Sheffield and Newcastle upon Tyne.

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New Mexico's environment ministry on Wednesday increased proposed carbon intensity (CI) levels as it drafts rules for the state's Clean Transportation Fuel Standard (CTFS) regulation, thereby easing compliance obligations for gasoline and diesel while allowing for higher credit generation for renewable diesel (RD) and biodiesel suppliers.

The Australian government has awarded its first tranche of cash under the Hydrogen Headstart programme, with A$814 million ($515 mln) to Copenhagen Infrastructure Partners’ (CIP) Murchison project in Western Australia.

A Maori land trust in New Zealand’s central North Island has struck an innovative agreement to lease its carbon credits, worth around NZ$9 million.

The verdict in North Dakota state court came after two days of deliberations in a trial where company Energy Transfer accused Greenpeace of defamation and orchestrating criminal behaviour to disrupt the construction of the Dakota Access pipeline. The project is located near the Standing Rock Sioux Tribe's reservation. Deepa Padmanabha, Greenpeace’s senior legal adviser, said Greenpeace will appeal the decision.

• Greenpeace must pay at least $660m over Dakota pipeline protests, says jury

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Billion dollar finding against Greenpeace has implications for green groups in Australia who are also being targeted by fossil fuel companies

The post “We will not back down:” Court tells Greenpeace to pay billion dollar damages bill to oil and gas company appeared first on RenewEconomy.

AEMO has again downgraded its gas forecasts as consumers choose electrification given the price gouging by the multinational gas cartel.

The post Time for AEMO to get real and stop ringing the alarm bell on gas shortages appeared first on RenewEconomy.

An old power plant south of Perth is slowly being taken apart, with the chimneys being removed brick by brick. Explosions are not an option due to new battery facility.

The post Iconic fossil fuel smokestacks are being taken down one brick at a time appeared first on RenewEconomy.

Despite growing attention from lawmakers and investors, the high costs and policy gaps surrounding CO2 removal (CDR) technologies are hindering efforts to meet global climate targets, according to a new study.

Scope 1 and 2 emissions at Fonterra continued to fall in the first half of FY25, the New Zealand-headquartered dairy co-op reported on Thursday.

The energy return on investment for wind and solar technologies in New Zealand is becoming comparable to hydropower. Alan Brent, Professor and Chair in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Isabella Pimentel Pincelli, PhD candidate in Sustainable Energy Systems, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.