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The EU’s anti-deforestation regulation is a “bureaucratic monster” that must be revised, alongside the 2035 ban on new petrol and diesel cars, says Peter Liese, a German lawmaker who is environment spokesperson for the centre-right European People’s Party (EPP) that won the EU elections this month.

European carbon prices fell to their lowest in more than seven weeks on Monday morning as natural gas prices declined for a third day and the outlook for demand worsened amid rising temperatures in northern Europe and a persistently negative clean dark spread.

The European Bank for Reconstruction and Development (EBRD) should improve its biodiversity standard, as recent changes to its environmental policy are not sufficient to ensure the bank does not finance nature-damaging projects, a campaign group has said.

A global coalition consisting of some of the world’s biggest corporations, cities, and regions was launched Monday to push governments worldwide align their national climate goals with the Paris Agreement.

China's steel industry should explore more financing options for its decarbonisation plans, especially potential ones linked with emerging power and carbon markets in the country, a report has said. 

A Swedish startup has raised $5.5 million to help verify nature-based carbon removal credits, it announced Monday, using the funding to launch tokens based on blockchain technology.

France-headquartered climate risk manager AXA Climate and an Irish forestry management software company have teamed up to launch insurance for forestry fires and storms.

A major consultancy firm in Japan has teamed up with a blockchain solution provider to support the creation of offsets from domestic forestry projects by promoting the tokenisation of carbon credits. 

A large software company increased the volume of voluntary carbon credits it bought in the last fiscal year by 33%, it said in an annual impact report, as it continues its transition towards buying only removal units at the end of the decade.

EU member states could include the private sector in their plans to achieve national targets under the Nature Restoration Law (NRL) as public funding will likely prove insufficient, and the newly approved legislation is likely to contribute to scaling the biodiversity credit market, according to experts.

South Korea's trade ministry will this week sign Article 6 partnership with Cambodia and Bangladesh during discussions with representatives from seven countries for further cooperation in establishing international emissions reduction projects aligned with the Paris Agreement.

For generations the Gurung community in Taap, about 175km (110 miles) west of the capital, Kathmandu, and other villages in the districts of Lamjung and Kaski, have scoured the steep Himalayan cliffs for honey. The villagers say the proceeds, split among them, are drying up as the number of hives has declined over the past decade, although some also earn a living from growing crops of rice, corn, millet and wheat

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A Japanese company has signed several agreements in Vietnam to develop agriculture-based carbon projects across the country under Japan’s Joint Crediting Mechanism (JCM), the firm announced Monday.

The Australian government is seeking feedback on a draft roadmap to show how it will reach its goal of restoring and protect 30% Australia’s land by 2030.

Last week, Victoria’s main gas storage facility was worryingly low. It’s another sign of the flaws associated with leaving gas supply to the market Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.

Almost a third of installers surveyed say finding skilled fitters is a barrier for customers, while 40% note lack of interest

The UK’s drive to replace gas boilers with heat pumps is being stymied by a lack of consumer demand and a shortage of skilled installers to fit heat pumps where they are wanted, according to an industry survey.

The most comprehensive poll of heat pump installers to date found that the biggest barrier was the low number of households choosing to get one fitted.

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A chance scroll on the internet led the actor Michael Sheen on a journey to uncover a dark secret.

A chance scroll on the internet led the actor Michael Sheen on a journey to uncover a dark secret.

The Haldon Station site, on land blighted by erosion and pests, will be Lodestone Energy's largest solar project to date.

The post Kiwi solar developer lines up 220MW project in hot South Island location appeared first on RenewEconomy.

Nuclear lobby groups admit that rooftop solar will be a major casualty of the push for "always on" nuclear. Is the public happy to have their PV modules switched off?

The post Nuclear lobby concedes rooftop solar will have to make way for reactors appeared first on RenewEconomy.