Feed aggregator

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.

Major US asset managers are channelling millions towards the world’s largest meatpacker allegedly responsible for deforestation, biodiversity loss, and human rights violations through Environmental, Social, and Governance (ESG) labelled funds, a report has unveiled.

America’s landmark climate law, which turns two years old this month, has Harris’s signature all over it

Two years ago today, I watched as Kamala Harris cast the tie-breaking vote for the largest climate investment in American history. It was an emotional moment. After decades of inaction, America had finally passed a climate law – one of the strongest climate laws in the world.

I didn’t know it then, but a month later I would get a call asking if I would like to interview the vice-president about climate policy.

Continue reading...

‘I do believe we are being targeted and they are trying to silence us out of this space,’ ACF spokesperson says

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

The X account of the Australian Conservation Foundation was suspended for more than 24 hours with the charity saying it believes it is being “report bombed by pro-nuclear groups” seeking to remove negative commentary.

The environment charity’s X account @AusConservation was suspended on Sunday morning, sparking outrage among supporters. The account was reinstated late on Monday, but without the charity’s 32,000 followers.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

A Dutch carbon project developer saw a slight rise in its carbon unit pipeline in Q2 and expects its first credit issuance by the end of this year, according to its latest results.

The environmental authority in Western Australia has recommended that one of the nation’s largest gas discoveries remain undeveloped as it would threaten turtles, whales, and a reef.

Scientists flagged risks to migrating whales, a beach where endangered turtles make nests and potential oil spill destroying a pristine environment

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

A multibillion-dollar Woodside Energy gas export development off Western Australia’s north-west has been deemed “unacceptable” by the state’s Environment Protection Authority due to its impact on marine life at Scott Reef.

The EPA’s assessment of Woodside’s Browse liquefied natural gas (LNG) proposal was revealed in response to a freedom of information request by WAToday.

Continue reading...

A major shift in the way China controls carbon emissions could mean the implementation of an absolute cap on CO2 output for the national carbon market around the end of this decade, according to analysts.

Woodside says it is working with "relevant regulators" amid reports a $30 billion gas megaproject in one of the world's richest marine zones has been rejected.

The post Woodside wrestles with EPA after reports it has rejected biggest new gas field in Australia appeared first on RenewEconomy.

Federal climate and energy minister Chris Bowen demands response from Meta as social media giants continue to remove articles favourable to EVs and critical of Coalition nuclear policies.

The post “Disgraceful:” Bowen demands answers as social media giants remove EV and nuclear articles appeared first on RenewEconomy.

Restoration of Pleasure Boat Inn on edge of Hickling Broad makes charity the first wildlife trust to own a pub

It was a much-loved endangered species that desperately needed saving, but it was still a surprise when the Norfolk Wildlife Trust stepped in to revive it.

The nature conservation charity has become the first wildlife trust to own a pub after restoring the Pleasure Boat Inn on the edge of Hickling Broad, a national nature reserve in the Broads national park.

Continue reading...

Italian company will bring its most advanced ship which can lay and bury high voltage sub sea cables at the same time.

The post Italian company wins $1 billion cable contract for Battery of the Nation sub-sea link appeared first on RenewEconomy.

Wholesale electricity prices surge after wind and solar output in South Australia fell to zero and fossil fuel generators and big batteries fill their coffers in absence of competition.

The post Wholesale prices surge as wind and solar output falls to zero in South Australia appeared first on RenewEconomy.

A 312MW wind farm and big battery has been given the federal green light in what looks like record time. But concerns remain over the treatment of wind projects under the EPBC Act.

The post Victoria wind project gets green tick in record time, but developers say federal approvals still big obstacle appeared first on RenewEconomy.