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One of the largest shipping companies in the world, Maersk, has backtracked on its previous anti-liquefied natural gas (LNG) position by announcing plans to purchase ships capable of running on the fuel, highlighting the difficulty of lowering shipping emissions.

The UK government's decision to hike the windfall tax on offshore oil and gas isn't all bad news for energy companies, according to an energy consultancy that argues it could help to focus energy investments on decarbonisation. 

A Venice-based conservation group is eyeing the biodiversity credit market to save the Italian city's lagoon ecosystems from destruction driven by shipping and mass tourism.

US-headquartered private equity investor Pegasus Capital Advisors is looking to invest in nature-related companies via its land and ocean funds to help improve the sustainability of entire economic systems.

Climate adviser says world leaders must show ‘maximum ambition’ to prevent people being harmed by climate crisis

Fossil fuel companies are running “a massive mis- and disinformation campaign” so that countries will slow down the adoption of renewable energy and the speed with which they “transition away” from a carbon-intensive economy, the UN has said.

Selwin Hart, the assistant secretary general of the UN, said that talk of a global “backlash” against climate action was being stoked by the fossil fuel industry, in an effort to persuade world leaders to delay emissions-cutting policies. The perception among many political observers of a rejection of climate policies was a result of this campaign, rather than reflecting the reality of what people think, he added.

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A lot of gas technologies are far less efficient than many believe, and deliver heat at temperatures higher than processes actually require.

The post There are many smarter and cheaper alternatives to gas to fill gaps in supply from wind and solar appeared first on RenewEconomy.

UNSW team behind solar tech that can generate power at night have locked in funding from the US Airforce – and been nominated for a prize. 

The post Dark solar UNSW team win US funding for night-light electricity – and nomination for a prize appeared first on RenewEconomy.

Some 104 million carbon credits were retired in the first six months of this year, mirroring the total from H1 2023, and with most sold to companies in the energy sector in alignment with previous years' trends, according to the latest AlliedOffsets Corporate Buyers Report.

The Italian government passed a draft legislative decree on Wednesday, aiming to cut red tape for the production of energy from renewable sources.

A new climate and capacity-building tool for the Global South was introduced this week with the aim to enhance access to knowledge and resources, particularly in climate finance, and overcome barriers to entry in the region.

EUAs continued to closely track TTF gas prices on Thursday, as they once again bounced back off a key technical resistance level, with the market struggling to find a clear direction amid quiet summer trading and a lack of fundamental influence.

Carbon markets globally are being held back due to a lack of trust, but they could be a game changer in advancing climate action and bring tangible benefits, especially for developing countries, according to a report published by the World Bank.

Chinese regulators have released a work plan to standardise carbon emission calculations across key sectors, which can support the country's dual carbon targets and carbon pricing schemes.

Interest is waning in voluntary carbon credits from renewable energy projects, according to analysis published in the wake of a decision made by the the Integrity Council for the Voluntary Carbon Market (ICVCM) to reject related methodologies from the sought-after Core Carbon Principles (CCPs) quality label.

A French asset manager is considering generating voluntary biodiversity credits from a conservation project in Costa Rica, part of which is preparing to produce carbon credits, Carbon Pulse has learned.

A Tokyo-based climate tech company on Thursday announced it had secured $5.3 million in the second close of its Series C round.

An international carbon registry and a marketplace for environmental commodities have integrated their technologies in an effort to make carbon credit transactions and retirements more accessible, transparent, and efficient. 

Australia’s leading science body is funding carbon farming in Vietnam via an agricultural innovation programme.

A Brazilian startup has finalised a biodiversity credit pilot project in a private rural area in the country, planning to publish its methodology focused on conserving and restoring endangered plant species in the next few weeks and make the first transaction by mid-2025, the company told Carbon Pulse.

US-based non-profit Global Water Center (GWC) has launched a programme to fund rural water systems by using carbon credits in countries across Africa and Latin America.