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There are hopes AI may be the silver bullet we need to save the environment – but it comes with downsides. Ehsan Noroozinejad, Senior Researcher, Urban Transformations Research Centre, Western Sydney University Seyedali Mirjalili, Professor of Artificial Intelligence, Faculty of Business and Hospitality, Torrens University Australia Licensed as Creative Commons – attribution, no derivatives.

A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.

RGGI allowance (RGA) prices retreated over the last week from all-time highs, with market observers saying that signs point to a looming return to lower price ranges after valuations on the secondary market have entered historic levels recently.

Carbon Pulse rounds up developments in Latin American and Caribbean markets for the week ending Aug. 4, which saw several countries push domestic green industrial transition measures as others courted environmentally damaging sectors in a bid to attract foreign investment.

Glacier national park rangers believe they have recovered remains of Siddhant Vitthal Patil, who fell into creek in July

Glacier national park rangers believe they have recovered the body of a man who drowned over the July 4 weekend, park officials in Montana said.

Siddhant Vitthal Patil, 26, of India fell into Avalanche Creek on 6 July, but the creek was running too fast to recover his body.

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Analysts have once again lowered their California Carbon Allowance (CCA) price forecasts to account for the extended rulemaking timeline, and expect Washington Carbon Allowance (WCA) prices to remain steady despite being "overvalued" due to the ongoing threat of a repeal.

EnergyAustralia has reported a return to profits in the first half, courtesy of the jump in wholesale electricity prices it helped engineer in its key markets.

The post High wholesale electricity prices help EnergyAustralia bounce back into the black appeared first on RenewEconomy.

Researchers from the University of Oxford have proposed establishing a separate budget for carbon removal alongside the existing global carbon budget for CO2 emissions.

We all say we like recycling. But contamination rates are high. Victoria’s government hopes a new bin for glass and recycling soft plastic can help. Bhavna Middha, ARC DECRA and Senior Research Fellow, Centre for Urban Research, RMIT University Ralph Horne, Associate Deputy Vice Chancellor, Research & Innovation, College of Design & Social Context, RMIT University Licensed as Creative Commons – attribution, no derivatives.

Australia’s Woodside Energy has made a surprise $2 billion investment in a Texan clean ammonia plant, hoping the EU's Carbon Border Adjustment Mechanism (CBAM) and contracts-for-difference schemes in Asia will help it command a premium on the market.

The UK government plans to relax planning regulations to make it easier and cheaper to build solar farms and onshore wind turbines across the country.

Regular rejections to new wind and solar capacity in Italy are a reality check for a country that has just strengthened its climate goals and intends to rely more on renewable energy in the next few years.

Each piece of information about this xenophobic rodent is worse than the last, but you cannot stop reading

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To read about the naked mole rat is to come across information that you wish you never knew – and then to look for more.

The first thing to know about this tunnelling creature is that some people call them sand puppies. The next is that they are the world’s only “eusocial” mammal. What could that mean, you wonder, and you look it up: as it is with termites, so it is with naked mole rats.

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Liquidity remained thin and participants cited an uncertain outlook for the voluntary carbon market in the wake of a series of 'confusing' technical documents published by the Science Based Targets initiative (SBTi) last week, which confirmed that a final decision on carbon credit use under the organisation's corporate standard will take place at the end of 2025.

Two recent high-level climate meetings have sent promising signs that remaining Article 6 issues will be resolved at COP29, and that governments remain committed to last year's pledge to transition away from fossil fuels, according to an EU source.

A British aerospace and defence company is set to sell a stake in its mini-nuclear power stations arm.

Barclays bank helped raise $1.7 billion for companies operating coal-fired power plants in the US, apparently exceeding its its commitment to stop financing companies that make more than half their revenue from coal, according to new analysis.

EUAs slumped as much as 3.9% on Monday morning as a sell-off across global equities and bearish energy markets heaped pressure onto European carbon, as the Japanese stock index saw its heaviest losses in nearly 40 years amid recession fears.

The Asia Pacific Economic Cooperation Business Advisory Council (ABAC) over the weekend proposed setting up a pilot voluntary carbon market programme for the region, and urged governments to issue climate bonds in order to boost climate response.

An Australian carbon credit developer with a focus on nature-based solutions has been quietly putting together a pipeline of over 10 projects worth a combined A$50 million ($32.3 mln) with four developers, saying it is approaching the sector in a similar way as traditional infrastructure programmes to ensure finance is scalable as demand grows.