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Without a green energy transition Australia won’t meet its emissions reductions promises. But despite punching above its weight for years, the electricity sector isn’t transforming quickly enough. Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.

California Low Carbon Fuel Standard (LCFS) prices plunged to new all-time lows this week as federal tariff announcements that excluded renewable diesel (RD) feedstocks further pressured an already flooded credit market, market participants said, while the ARB fields further calls for higher programme stringency.

Reduction in insect numbers contributes to drop, and there are declines across more than a third of bird species surveyed

Swallows, swifts and house martins were once a common sight over UK towns and cities, dextrously catching insects on the wing. But these spring and summer visitors are becoming increasingly rare, according to the definitive survey of the country’s birds.

Populations of these insect-eating birds have dropped by 40% or more in the past decade, according to the latest Breeding Bird Survey (BBS) report.

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The Indian government is considering the inclusion of solar cookstoves as part of a list of activities eligible to generate carbon credits that can be sold abroad under Article 6.2 of the Paris Agreement, an official told Carbon Pulse on the sidelines of a conference on Thursday.

Denmark’s world first carbon removals fund could emerge as a model for other countries to follow but it also highlights ambiguities around how the voluntary carbon markets will coexist with national climate targets, particularly in the EU context.

Low-carbon technologies are developing too slowly to curtail global oil demand growth in the next five to seven years, according to research, a trend that may hamper progress towards meeting international emissions targets.

EU gas reductions are on track with objectives, two years into the bloc's plan to end reliance on Russian fossil fuels before 2030, although the new target for 2024-25 leaves room for a step backwards, analysts said.

A Kenya- and US-based social impact enterprise will obtain carbon credits through a programme to provide subsidised solar home systems to refugee communities in Uganda.

Russian constitutional court is considering claim, which activists hope will raise awareness about emissions

A group of activists are fighting for the right to scrutinise Russia’s climate policies, and in particular its enormous methane emissions, in court.

Russia’s constitutional court is considering a claim brought by 18 individuals and the NGO Ecodefense that insufficient action by the Russian state to cut national greenhouse gas emissions is violating their rights to life, health and a healthy environment.

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Australia’s largest carbon project developer has appointed a company board member and industry stalwart as its chair, it announced Friday.

A startup in the autonomous Spanish region of Andalusia has obtained EU funding to assess the carbon sequestration potential of traditional olive groves in hopes of engaging carbon markets, as interest grows in carbon farming, according to Spanish media.

EU carbon allowance prices rallied steadily throughout the morning on Thursday as the Dec-24 EUA contract climbed back into its recent trading range, boosted by a recovery in natural gas prices amid forecasts for lower renewables output.

A US-based environmental trading platform has announced the listing of 10,000 biodiversity credits generated by Colombian developer Terrasos.

Financial institutions in China need more clarity around the legal and financial attributes of carbon assets to unlock the potential of carbon finance in the country, according to researchers.

Origin application for the biggest battery in Queensland says Eraring closure now scheduled for 2028, but company says it is an error.

The post Origin battery application says Eraring closure now scheduled for 2028, but company says it is an error appeared first on RenewEconomy.

The Austrian Parliament voted in favour of replacing its national carbon pricing scheme for fossil fuels – covering the heating and transport sector – with the EU’s upcoming ETS2, which is due to come into effect as of 2027.

The state-owned UK Infrastructure Bank is looking to put money where private investors are not yet willing to go, in an effort to solve the problems standing in the way of reaching net zero emissions by 2050. 

Vietnam’s state oiler PetroVietnam is looking to earn carbon credits for carbon capture and storage (CCS) work that would largely utilise its existing assets in addition to its tree planting efforts of recent years.

An Australian carbon project developer has acquired land funded by an investment firm in exchange for the proceeds of Australian Carbon Credit Units (ACCUs) generated and sold from the property, they announced Thursday.

Watch video of the super-fast Dana squid as it flashes its immense light-emitting organs.