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A new report highlights the frequent clash between companies’ environmental objectives and their membership of trade associations misaligned with the Paris Agreement.

EU carbon allowances continued their retreat under the weight of selling pressure on Tuesday morning, reaching yet another 23-month low as traders focused on a key price level last seen during the first days of the conflict in Ukraine, while energy markets rallied with weather models predicting slightly lower temperatures.

The host of last annual UN climate summit, the UAE, has teamed up with Azerbaijan and Brazil where the next two events are due to take place, to form a partnership aimed at raising global climate ambition, they said Tuesday.

The EU needs to focus on developing its own green hydrogen supply before looking to import, as many of the potential supplier countries will struggle to scale up production and develop export infrastructure, according to research released on Tuesday.

A Paris-headquartered carbon removals startup has sold credits worth more than $7 million to its corporate clients from novel technologies in its latest procurement round.

The NITI Aayog, India’s planning commission, has launched an initiative to restore 26 million hectares of the country’s wastelands by 2030 and create an additional carbon sink of 2.5-3 billion tonnes of CO2e.

Sustainable aviation fuel (SAF) hopeful Jet Zero signed an agreement Tuesday with a fuel tech firm to progress a SAF project in Queensland, Australia and cut local jet emissions by 70%.

South Korea could cut emissions from shipping, which it depends on, by up to 20 million tonnes of CO2 per year at a single port via establishing wider scale green corridors, according to a report released Tuesday.

An Indonesian carbon project developer has signed an agreement with a Dubai-based firm to restore around 6,500 hectares of degraded mangrove forest in Aceh province.

The UN Environment Programme (UNEP) has announced seven new flagship restoration projects ahead of the 6th UN Environment Assembly (UNEA), which will be held from Feb. 26 to Mar. 1 in Nairobi, Kenya.

The NZU price has been trading sideways for the last six weeks, as emitters stocked up on units see no need to wade in, while the market awaits answers from the government on lingering policy issues, according to market participants. 

Updated: Grid drama in Victoria in midst of heatwave as all four units at Loy Yang trip, transmission lines fail and other generators off line.

The post Grid drama and power cuts as multiple coal units and lines trip in midst of heatwave appeared first on RenewEconomy.

Rio Tinto, BHP and BlueScope collaboration on making iron ore suitable for processes that don’t use coal, it's becoming even clearer carbon capture and storage will not play a meaningful role in steel decarbonisation.

The post Iron ore giants’ green steel collaboration leaves carbon capture even further behind appeared first on RenewEconomy.

Solar for Apartments aims to help around 5,000 apartment owners and renters to install rooftop solar by addressing two key barriers to uptake: cost and complexity.

The post Solar for apartments: Huge demand expected for first round of rebates appeared first on RenewEconomy.

Snowy Hydro CEO says boring machine Florence needs to tunnel about 15 metres a day to keep Snowy 2.0 on track and says a fourth boring machine could be on the cards if the going gets tough again.

The post Slow progress at Snowy 2.0, with more “challenging” conditions ahead and a Florence clone appeared first on RenewEconomy.

Survey respondents overwhelmingly prioritised saving a human life – even if that person had been repeatedly told to evacuate and even if, as a consequence, a snail or shrub species became extinct. John Woinarski, Professor of Conservation Biology, Charles Darwin University Stephen Garnett, Professor of Conservation and Sustainable Livelihoods, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

Sea-bird counts after avian flu show serious declines in three species, the charity RSPB says.

Sea bird counts after avian flu show serious declines in three species, the charity RSPB says.

A Tokyo-based sustainable investment platform has teamed up with a technology and advisory firm to launch what they say will be Japan’s first investment fund for nature-based carbon credits, with a target size of 10 billion yen ($67 million).

A UK pesticide producer did not look at key health records in its Parkinson's study, legal papers show.