Feed aggregator

UK Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced today a new British Energy partnership that aims to leverage up to £60 billion of private investment into the UK's quest for independence in clean energy technologies that will drive the country's net zero transition. 

Swedish steelmaker SSAB highlighted weak demand in Q2 and predicted pronounced low demand in Q3 in results published this week, amid a persistent worsening outlook for the European steel sector as a whole.

Flights at Germany’s busiest airport ‘gradually resuming’ on second day of coordinated ‘oil kills’ protests

Climate activists have disrupted flights at Frankfurt and Oslo airports on the second day of coordinated “oil kills” protests across Europe and North America.

Demanding an end to fossil fuels by 2030, supporters of Letzte Generation (Last Generation) briefly suspended flights at Frankfurt airport on Thursday morning. The activists said they had cut a wire fence, entered on bicycles and skateboards and glued themselves to the tarmac.

Continue reading...

CO2-derived plastics could reduce the greenhouse gas footprint of plastics under a clean energy grid scenario and reduce pressure on biomass resources, which will become increasingly in-demand as the world pivots towards a more circular economy, say plastic experts.

High operational costs, including that of of assessment and certification of carbon credits, has hindered the growth of Thailand’s domestic carbon market, a report released this week has found.

A giant battery project that will help get the national capital get off gas and reach its net zero target has won development approval.

The post Giant Canberra battery gets approval to help wean national capital off fossil gas appeared first on RenewEconomy.

Texas has around the same population as Australia and double the grid consumption. And it's been able to add renewables and storage at a rate Australia would envy.

The post Learnings from the Texas grid, and why it’s been able to add so much solar and battery storage appeared first on RenewEconomy.

European carbon prices were slightly lower at midday on Thursday as the market consolidated the gains of the last two days in fairly active trading, while energy markets also fell on technical selling after sharp rises on Wednesday.

Nature and carbon standard-setter Plan Vivo Foundation is developing an initiative for measuring the unintended consequences of conservation activities involved in emerging biodiversity markets.

An Australian-based biodiversity intelligence startup has developed a model incorporating global and local metrics to assess ecosystem and species health, seeking to enhance data comparability and steer companies in nature-related disclosures.

Indonesia is about to increase the scope of its nascent emissions trading scheme, as the coverage threshold for participating coal-fired power plants will be lowered to 25 MW of capacity, the government announced this week.

An effective carbon price can potentially make a greener, hydrogen-based steelmaking process a cost-effective alternative for steelmakers in China and some other Asian countries, a group of researchers have found.

The storm has made landfall in Taiwan, unleashing torrential rain and strong gusts that have claimed at least three lives. Typhoon Gaemi also exacerbated rains in the Philippines, flooding the capital, Manila, and nearby cities, forcing authorities to shut schools, offices and prompting authorities to declare a state of calamity

• Typhoon Gaemi: three dead in Taiwan as storm unleashes torrential rain and strong winds

Continue reading...

Two of the participants in the emerging biodiversity credit market are partnering to align their work with the aim of scaling nature markets in Africa, Europe, and the Americas, Carbon Pulse has learned.

The state government of Sabah in Malaysia will soon launch a Sabah Mangrove Action Plan for the conservation of its mangrove forests, its chief minister has announced.

Xpansiv launched trading of standardised Global Emissions Offset (GEO) contracts on its CBL spot exchange on Monday with 37,606 tonnes trading via the contracts, which are aligned with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP). 

Chocolate makers Nestle, Mars Wrigley, and Ferrero have written to the European Commission to defend the EU’s anti-deforestation regulation amid calls to delay and revise the legislation to reduce bureaucracy for small farmers.

A decline in short-term coal prices in Europe may set the stage for an increase in consumption of the fuel in the coming winter, as operating costs for coal-fired power plants approach parity with those for gas-fired generation, according to an analyst.

The BASIC group of Brazil, South Africa, India, and China have repeated demands that rich countries ramp up their climate finance contributions, urging them to commit trillions of dollars to assist developing countries in reducing their greenhouse gas emissions.