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A potential synergy between the EU's Carbon Border Adjustment Mechanism (CBAM) and Article 6.2 of the Paris Agreement could help to effectively scale climate action, according to a report published this week.

European carbon prices were little changed by midday on Tuesday after spending most of the morning in negative territory, as regional energy markets recovered from Monday's volatile and hectic session, with participants generally seeing the price action as a pause in the recent upward trend.

Credits generated from reducing impacts on large migratory marine creatures could help unlock funds for implementing the Global Biodiversity Framework (GBF) across the Global South and North, an academic paper has said.

Bad press over the past year and confusion around standards for carbon credits and offsets are hampering the development of a voluntary carbon market even as the City of London is trying to support growth and turn itself into a global trading hub. 

The government of Seoul is planning to introduce direct air capture (DAC) technology that can extract CO2 from the atmosphere in urban areas.

Environmental watchdog RimbaWatch has called for the halt of a 2,228-hectare palm oil project proposed on a virgin peat swamp forest in the Terengganu state in Malaysia, which it says will lead to the loss of carbon stocks and endangered species.

Fresh from announcing a new company direction and switching out board members not aligned with its vision, an Australian carbon developer announced Tuesday a soil carbon-focused partnership that will generate Australian Carbon Credit Units (ACCUs) for third parties.

The use of fossil fuels continues to rise, potentially driving a 0.6% increase in global CO2 emissions in 2024, a new report warns, belying expectations a peak.

The coalition government is looking to ensure it has multiple avenues to meet New Zealand’s 2030 Nationally Determined Contribution (NDC), acknowledging it remains a significant challenge.

A handbag, perfume and other precious items recovered from the Titanic tell stories of the doomed ship’s passengers.

Two huge WA renewable hydrogen projects – including one that proposes to install up to 26GW of solar and wind – have been awarded major project status by the federal government.

The post Renewable hydrogen plans backed by 32GW of solar and wind get federal boost appeared first on RenewEconomy.

If elected, the Democrat is likely to face a trade-off over manufacturing jobs and economic independence from China

Every US presidential election is consequential but American voters face an unusually weighty decision in 2024. The outcome will have implications for foreign policy, social policy, and the integrity of the political system. But none of its consequences will be more profound or far-reaching than on global efforts to combat the climate crisis.

As president, Donald Trump pulled the US out of the Paris climate agreement, while the US under Joe Biden rejoined it. Trump has promised to expand oil and gas production, and his campaign has said he will again withdraw the US from the Paris accord if he wins a second term.

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Deal signed to demonstrate first Perth-made five-hour vanadium redox flow battery at an off-grid mine site.

The post Australian battery hopeful to test its five-hour vanadium flow technology at remote mine site appeared first on RenewEconomy.

Two new reports shine a light on the conditions necessary to unlock the full potential of neighbourhood batteries for consumers.

The post Can neighbourhood batteries really deliver benefits to all consumers? appeared first on RenewEconomy.

Using large cargo drones to transport equipment to offshore wind turbines is taking just a fraction of the time of conventional methods, and reducing costs and emissions.

The post Heavy-lift cargo drones are now being used at offshore wind farm in world first appeared first on RenewEconomy.

In the crystal-clear streams of the Northern Territory lives a large turtle with a snout like a pig. This unique animal is one of the latest additions to the threatened species list. Deborah Bower, Associate Professor in Zoology and Ecology, University of New England Carla Eisemberg, Senior Lecturer in STEM Pathways, Charles Darwin University Ricky Spencer, Associate Professor of Ecology, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

RGGI allowance (RGA) benchmark prices regained levels north of $27 over the last week as compliance buying kept the demand signal in place, but most traders viewed prices at these levels to be eventually unsustainable.

Stakeholders were united in calling for California’s ARB to implement changes to the ETS in 2025 rather than 2026, although proponents were divided in support between potential options for allowance budget reductions, according to comments submitted after the regulator’s last informal rulemaking workshop.

Plans unveiled for massive 5 gigawatt wind project in north Queensland, which would be easily the biggest on Australia's main grid.

The post Plans unveiled for five gigawatt wind project, the biggest on Australia’s main grid appeared first on RenewEconomy.

The Washington Supreme Court rejected challenges by non-profits against certification of recent initiatives, including one to repeal the state’s ETS, with the initiatives’ sponsor bewailing lack of transparency on complaints filed.