Feed aggregator

Questionable exemptions for developers from England’s biodiversity net gain (BNG) rules are throttling demand for the market, a lawyer at Environment Bank has said.

An Ecuadorian legislative committee’s approval of reforms to the country's environmental code means it has cleared the last major hurdle to legalising carbon markets, according to an industry attendee speaking to Carbon Pulse, hastening a regulated voluntary market and carbon-financed national conservation fund.

A project to divert food waste from landfill and incineration has launched in the US, where the sale of voluntary carbon credits will incentivise grocers to redirect edible waste food to donation centres, according to the developer.

The overlap between humans and wildlife is expected to grow across more than half of land worldwide by 2070, with potentially grave implications for habitat and species conservation, a paper has said.

European carbon moved slightly lower within a narrow trading range on Thursday as much of the recent gas-fuelled volatility appeared to be absent, while a comparatively strong auction helped mitigate early losses.

Indonesia and Japan have agreed to carry out a broad decarbonisation programme for the Southeast Asian country's energy sector, with multiple research projects in the pipeline. 

A multinational energy company has unveiled a new technology that aims to tackle power industry emissions of sulfur hexafluoride, which is 24,300 times more potent than CO2, with an eye on creating a voluntary carbon methodology for projects in the future.

A carbon dioxide removal (CDR) firm has issued a swathe of credits to a series of large US corporations in what it described as a turning point for carbon markets. 

Another Australian company this week announced a decision to look more closely at changing the way it tackles net zero with a plan for only “limited” use of carbon credits and a plan to leave the government’s Climate Active programme.

Testing, testing... South Australian households were given little warning as SAPN conducted tests of its rooftop solar curtailment mechanism on Thursday.

The post Households may lose an hour of solar power as network tests rooftop PV switch-off appeared first on RenewEconomy.

One of China's inland provinces is aiming to secure credits issued under the national voluntary programme from its large-scale afforestation project by the end of this year.

Gold Standard has revealed its first methodology for mangrove projects, which enables remote-sensing for measurement and impact quantification.

A Bogota-based carbon developer is piloting a biodiversity credit conservation project in an Indigenous reserve in the Amazon, planning to put the first credits on sale after COP16 in Colombia, the company has told Carbon Pulse.

I’ve relearned the meaning of seasonality – and how fragile the natural systems that sustain us really are

A few months ago, when I received an email about an available allotment in my area, I struggled to remember when I had signed up for one. It turns out I had done so two years ago, fuelled by my envy for those with gardens during lockdown. Back then, all I wanted was a small bit of outdoor space that felt like my own, to plant flowers, herbs and, at a push, some chillies. A place where I could read and write in the sun, safe from distractions.

Now I was being presented a half plot of available land (125 square metres!) with an established apple tree in the middle – which I mistook for a cherry because of its pink blossom. “You’ll have to have a trial period, to see how you get on,” the woman showing me around said. She meant business. The plot, which was bigger than I could dream of, was beautiful but overgrown – getting it started would require proper graft. I wasn’t sure I had it in me.

Diyora Shadijanova is a journalist and writer

Continue reading...

Four research programmes suggest a likely increase in pine plantations across agricultural land in New Zealand, even with a low or zero carbon price.

Voluntary carbon standard Verra has launched a public consultation for two of its tools in order to assess the additionality of project activities, with an aim to align them with the Core Carbon Principles (CCP) label of the Integrity Council for the Voluntary Carbon Market (ICVCM).

A financial data and trading platform firm is targeting Q4 this year to facilitate $300-600 million worth of sovereign carbon issuances from countries in the Global South, as it hopes to restore trust and build scale in new international carbon markets.

Permits for coal-fired power plants drop by 83% despite leading world in construction as focus turns to renewables

Coal-fired power is still enjoying a construction boom in China, but a marked slowdown in the permitting of future plants has given experts hope that the world’s biggest emitter may be turning a corner.

China led the world in the construction of new coal-fired power plants in the first half of 2024, with work beginning on more than 41GW of new generation capacity, data published on Thursday showed.

Continue reading...

Industry complaints about compliance costs under Oregon’s proposed Climate Protection Program (CPP) rule were eclipsed by environmental advocates’ calls for immediate implementation of a more stringent scheme at Wednesday’s public hearing held by the programme’s regulator.

Unforeseen delays to onshore infrastructure will cost the Danish wind giant more than $US300 million after pushing the commercial operation date out by a year.

The post Ørsted takes $307 million hit after delay to US offshore wind farm appeared first on RenewEconomy.