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Sweden's OX2 follows up its 2023 purchase of a large solar portfolio in Australia with the acquisition of a gigawatt scale wind and battery project.

The post Sweden’s OX2 makes first move into wind power in Australia with purchase of gigawatt scale project appeared first on RenewEconomy.

Australia’s GreenCollar will hand its NaturePlus biodiversity crediting scheme to Accounting for Nature, in early 2025, for independent administration in a bid to enhance credibility and lay the foundations for market growth.

Energy crisis panel warns country is ‘dangerously unprepared’ and must shift away from gas quickly

Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders.

The Energy Crisis Commission has warned that the UK is still “dangerously underprepared” for another crisis because it continues to rely on gas for its power plants and home heating.

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The week ending Oct. 13, which saw the UN Supervisory Body (SBM) for Article 6.4 circumvent negotiators to help operationalise Paris carbon markets, also welcomed key Article 6 statements out of Chile, ranging from new projects to potential use cases for Paris Agreement credits.

A US study estimates the total climate pollution from LNG was 33% greater than that from coal over a 20-year period. This should have major ramifications for emissions policy

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The claim that Australian gas exports are “clean” and needed to drive the transition to net zero greenhouse gas emissions has become an article of faith for significant parts of the country’s industry, media and political classes – often repeated, only occasionally challenged.

It has buttressed a massive expansion of the liquified natural gas (LNG) industry in the north of the continent over the past decade, with major new developments in Queensland, Western Australia and the Northern Territory.

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A US-registered impact timberland and farmland fund manager has raised $80 million from a single investor in the first close of latest forest conservation fund.

Data compiled by EEA shows quality of water bodies falls far short of target first set for 2015 and since extended to 2027

Only about one-third of Europe’s surface water is in good health or better, a report has found, despite an EU target first set for 2015 to bring all bodies of water up to good quality.

About 37% of Europe’s surface waters qualified as having at least a good ecological status and 29% a good chemical status in 2021, according to data from 19 member countries compiled by the European Environment Agency (EEA). The original deadline for the EU target has been extended to 2027 but data suggests this is on track to be missed by a wide margin.

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Last year saw a dramatic weakening of the global land carbon sink, the system that absorbs CO2 from the atmosphere, as the planet experienced record-breaking heat and severe droughts, a new study warns.

The EU is holding strong on its position that more countries need to contribute to the next global climate finance goal, with a plan to push for more money while ensuring that the bloc isn't spread too thin, according to the general negotiating mandate for COP29 adopted by climate and environment ministers late on Monday. 

The US Environmental Protection Agency (EPA) denied Republican states' allegations that its latest power plant emissions rules will impact grid reliability, the agency told a US federal appeals court in a filing on Friday.

Regulators in up-and-coming Latin American voluntary carbon markets (VCM) are working with the private sector to scale up operations, while market observers point to increasingly hands-on measures curbing the market in ‘old school’ VCM players like Colombia and Brazil.

There is growing interest in the use of First Peoples’ words to name plant and animal species. But we must proceed with both caution and respect. Stephen Garnett, Professor of Conservation and Sustainable Livelihoods, Charles Darwin University Sophie Gilbey, Indigenous Knowledge Licensed as Creative Commons – attribution, no derivatives.

There is both a strong moral case and business case for integrating carbon removal credits from around the world into the EU ETS, a senior member of BP's carbon team told a conference on Monday.

Poland’s newly released national and energy climate plan for 2030 foresees a significant drop in coal use this decade and could potentially halve emissions emissions within the decade - 20% more than in the previous 2019 plan.

Nasa's spacecraft could change what we know about life in our solar system.

Companies, banks, and governments need to take concrete steps to incentivise support for the voluntary carbon market (VCM) with persistent integrity concerns still holding buyers back, according to speakers at the Carbon Forward Expo 2024 in London last week.

A huge REDD trade at a very low value bolstered volumes in the voluntary carbon market last week, and prices in general ticked higher as optimism picked up ahead of the climate talks in Baku next month.

Fauna & Flora is considering supporting biodiversity credit initiatives in countries across the world, following an ongoing 500-hectare pilot in South Africa, Carbon Pulse has learned.

European shipping companies are not ready for the upcoming FuelEU Maritime regulation and could face significant fines, according to an independent shipping emissions analytics company.

Warm air from south to bring above-average temperatures – but heavy rain expected to follow

North-west Europe is forecast to experience a burst of autumn warmth this week, thanks to warm air from southern Europe spreading northwards. This brief episode of warmer-than-average conditions will be driven by an amplified, or “wavy”, jet stream, which will allow warm air to push farther north.

Daytime temperatures across much of France are forecast to reach the mid-20s on Tuesday and Wednesday, with some areas in the south-west potentially exceeding this. Meanwhile, the Benelux area and south-east England are expected to reach the low-20s by midweek.

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