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The mismatch between forward prices displayed in Australia's carbon market and projected price increases is a result of fundamental demand drivers failing to be factored into the market, according to analysis published Thursday.

South Korea and Japan have decided to extend their collaboration and launch a global working group on the development of carbon-free energy.

The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.

Dusky sea snake was placed on threatened species list this week and is known only to exist on a small number of reefs off the Kimberley coastline

Conservation scientists advising the federal government have called for fossil fuel activity in the location of Woodside’s proposed multibillion gas project to be urgently reviewed to protect the stronghold of an endangered sea snake.

The dusky sea snake, Aipysurus fuscus, was placed on the country’s threatened species list this week and is known only to exist on a small number of reefs off the Western Australia Kimberley coastline.

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The International Business Aviation Council (IBAC) has introduced a new platform for aviation companies to purchase offsets through a renewed partnership with a voluntary carbon exchange.

Comprehensive new report puts renewables at the centre of all plausible pathways to meet Australia's climate targets – including 10 years early. Nuclear, meanwhile, won't get us there by 2050.

The post Nuclear won’t cut it: CCA says Australia must go all in on renewables to meet climate targets appeared first on RenewEconomy.

Australia has a time-critical opportunity to catalyse investment into this potential export behemoth at speed and scale. The clock is ticking.

The post Australia must keep its eyes on the green iron prize – the cost of inaction is untenable appeared first on RenewEconomy.

Experts urge Australia not to delay target too long as report by Climate Change Authority identifies six barriers to net zero

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The Australian government may delay the announcement of a 2035 climate target until after the February deadline and beyond the next election, in part due to uncertainty about the ramifications of the US presidential election.

Some big emitting countries are lagging in developing their 2035 emissions reduction targets, which under the Paris climate agreement are due before the UN climate summit in Belém, Brazil, in November next year.

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Spanish energy giant starts construction on its biggest solar project in Australia, to be paired with a big battery to help dodge negative prices.

The post Spanish energy giant starts building new solar and big battery hybrid project in Queensland appeared first on RenewEconomy.

Conservative, socialist or nationalist, what’s best for biodiversity? The results may surprise you. We studied 165 nations, examining threatened species numbers and the extent of protected areas. Matt Hayward, Professor of Conservation Science, University of Newcastle Andrea S. Griffin, Associate Professor in Wildlife Conservation Science, School of Environmental and Life Sciences, University of Newcastle Jacob Jones, Ph.D. Candidate in Conservation Politics, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.

Research shows children living in the zone are now nearly four times more likely to be walking or cycling.

Australia's two biggest wind projects have injected their first power into the grid, as other wind and solar farms work quickly through the commissioning process, and others stumble.

The post Australia’s two biggest wind projects inject first power into the grid appeared first on RenewEconomy.

Australia’s Climate Change Authority (CCA) has published a sectoral pathway report on how the country can reach net zero emissions by 2050, recommending its Safeguard Mechanism and carbon crediting schemes be expanded to help better coordinate the transition.

The Climate Change Authority’s sector pathways review says a huge national effort is needed and the net zero goal should become front of mind for business, investors and governments

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A zero-carbon mindset must “become the new normal” in Australia, according to a much-anticipated report from the federal government’s independent climate advisory body.

The report, released today by the Climate Change Authority, describes how Australia can meet the crucial target of net zero emissions by 2050.

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A team of researchers presented different intervention strategies to potentially reduce up to 30% of GHG emissions from US beef production.

Australia has committed to reducing carbon emissions to net zero. The Climate Change Authority report is the most important analysis to date on how to get there.

The post Yes, we can reach net zero by 2050: New report maps path in more detail than ever before appeared first on RenewEconomy.

Egypt’s Financial Regulatory Authority (FRA) has approved a domestic standard’s carbon registry and allowed 12 projects from the registry for trading on the national voluntary carbon market (VCM) platform.

A CO2 removal company unveiled a partnership Wednesday to manufacture its direct air capture (DAC) units in the US and Europe.

Since April, wolf attacks have terrorised villages near the Nepalese border, killing nine children.

CEOs in England and Wales could face two years in prison under proposals to force firms to supply data quickly

Water bosses in England and Wales could be jailed for up to two years if they cover up sewage dumping, under legislation proposed by the Labour government.

At the moment, CEOs of water companies face fines for failing to comply with investigations by the Environment Agency (EA) and the Drinking Water Inspectorate (DWI), but there have been just three such fines since privatisation three decades ago.

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