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Multilateral carbon pricing schemes can be more effective in tackling carbon leakage and ensuring fair trade than unilateral measures — but they need to be phased in slowly, starting with common standards for pricing and reporting, according to an expert at the World Economic Forum (WEF).

The UN Environment Programme Finance Initiative (UNEP FI) has signed two global partnerships aimed at advancing nature-related disclosures among financial institutions, it announced on Tuesday.

Afforestation should play a more significant role in addressing the financial challenges of achieving carbon neutrality in China, especially as the country pursues deep decarbonisation, according to a recent study.

HSBC has delayed its target to achieve net zero emissions across its operations, business travel, and supply chain to 2050, the bank said on Wednesday, pushing back its original 2030 deadline by two decades.

A Seoul-based developer is eyeing Article 6 status for a methane reduction project in Uzbekistan claiming to reduce emissions by 7 million tonnes of CO2 annually, the company told Carbon Pulse.

Confidence in the energy sector’s ability to reach net-zero targets has plummeted, with just 16% of senior executives believing 2050 goals are achievable, down from 45% last year, according to a report by a UK-based trade group.

Australia’s Santos has pushed back the net zero target date for its Scope 2 emissions by a decade to 2050, while the 2040 date remains in place for its net equity share of Scope 1 emissions, its Climate Transition Action Plan (CTAP) released Wednesday showed.

There are 30 big batteries operating across the main grid, and they have cemented their role as critical players. But a wave of new projects presents challenges.

The post Big batteries are booming – and finding their place in an evolving energy market appeared first on RenewEconomy.

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Experts from across the agriculture and food industry see the prospect of a specific emissions trading system for agriculture and food sectors as firmly on the table, with the European Commission now considering policy vehicles to drive down greenhouse gas emissions in the sector.

Most market participants and analysts polled expect California-Quebec’s first quarterly current vintage carbon allowance sale of 2025 to clear between the programme’s floor and $30, amidst uncertainty regarding the timeline of programme updates, with after-hours complications from Low Carbon Fuel Standard (LCFS) stalled regulatory updates.

Researchers say study, which involved training bream to follow a specific diver for treats, could change the way we treat fish

Wild fish can tell people apart – at least when they are wearing different-coloured outfits – researchers have found in a study they say could shift our relationship with the creatures.

It is known that certain domestic animals – or those that live close to humans – can tell one person from another, a skill researchers say could be tied to particular humans being more inclined to share resources with them or, conversely, pose a danger. However, such discrimination is less well known in wild animals.

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There are hopes techniques borrowed from the oil and gas industry can boost the viability of geothermal energy, as a German town gears up to be a test case.

The post German town digs deep for hot rock geothermal energy to replace gas networks appeared first on RenewEconomy.

Labor and the LNP might be approaching the federal election from diametrically opposite ends of the ideological spectrum on energy, but there is one key battleground where their policies will collide.

The post Battle of the batteries: Solar soakers provide some common ground for Australia’s competing energy visions appeared first on RenewEconomy.

The administrator responsible for reviewing rules put forth by California’s state agencies disapproved the latest amendments to the Low Carbon Fuel Standard (LCFS), according to an after-hours market notice posted on Tuesday.

Australia's first privately owned wind farm, which began operations in 2001, will cease in 2027, and stands as a significant milestone in Australia's renewable energy journey.

The post End of an era for pioneering wind farm, and a milestone in Australia’s renewables journey appeared first on RenewEconomy.

South Australia loses patience with Gupta's GFG Alliance and seizes control of the Whyalla steelworks, to protect jobs and the state's green steel and hydrogen ambitions.

The post “Lost confidence:” Government takes control of Whyalla steel works, as hydrogen plan hangs in balance appeared first on RenewEconomy.

The six turbine wind project was first proposed to avoid a new high voltage power line and help power the local community. Now the farmer landholder is having another go.

The post A decade on, farmer revives plans for mini wind farm first proposed to avoid big transmission line appeared first on RenewEconomy.

A group of 157 animals that appear to be false killer whales have stranded, according to the Department of Natural Resources and Environment Tasmania, with initial observations showing 136 animals were still alive on Wednesday morning. Veterinarians and conservationists have responded to the mass beaching, but experts warn inaccessibility and poor conditions may limit their ability to help

• More than 150 whales stranded on beach in remote north-western Tasmania

• ‘I closed my eyes to brace for impact’: the man who escaped a whale’s mouth

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Shared knowledge and strategies between cities can serve as a crucial tool for advancing CO2 removal (CDR) efforts to deliver a gigatonne-scale impact, experts said at a webinar Tuesday.