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Australia’s 2024 budget arrived late Tuesday delivering a A$9.3 billion ($6.1 bln) surplus and is spending big to drive mining and clean energy, but has been attacked for its lack of attention to the protection of nature despite cash of over A$300 million offered.

NSW energy minister says it is to late to turn back dial on energy transition, despite the naysayers in the media and the fragile political support.

The post Too late to turn back dial on energy transition, Penny Sharpe says appeared first on RenewEconomy.

Oregon's Department of Environmental Quality (DEQ) must address existing ambiguity surrounding compliance instruments under the Climate Protection Program (CPP), including the use of offset projects, as well as a new emissions cap, an advisory committee told the agency Tuesday.

The endangered puffin - one of Britain’s most iconic seabirds - is at the centre of a battle over the UK’s post Brexit freedoms.

Budget hailed for "historic" spend and commitment on clean energy, but critics say households need more than a sugar hit of rebates.

The post Turning point: Biggest spend on clean energy, but households need more than budget sugar hit appeared first on RenewEconomy.

New research has mapped public submissions to the National Adaptation Plan. With a cross-party inquiry getting under way, four imagined futures are emerging that present a way forward. Raven Cretney, Postdoctoral Fellow, Environmental Planning, University of Waikato Christina Hanna, Lecturer, Environmental Planning, University of Waikato Iain White, Professor of Environmental Planning, University of Waikato Licensed as Creative Commons – attribution, no derivatives.

New Zealand on Wednesday released its annual consultation on five-yearly settings for its emissions trading scheme, adding options that would lower the NZU price floor at auctions and allow for a ballooned Cost Containment Reserve (CCR).

Energy expert Amory Lovins says "all of the above" rhetoric is about picking losers rather than winners, and if anyone cares about climate crisis they would not choose nuclear over renewables or energy efficiency.

The post “Picking losers:” Choosing nuclear over renewables and efficiency will make climate crisis worse appeared first on RenewEconomy.

The EU has missed an opportunity to reduce carbon emissions and bolster domestic industries in Europe by failing to pursue a plan for green public procurement, according to a new report released on Wednesday.

A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.

Demand for carbon credits deemed eligible under the UN’s CORSIA aviation offsetting scheme will exceed supply by the end of the decade in the absence of new offset sources, analysts predict.

Illegal shipments of rosewood continue and some of the profit ends up with jihadists, research says.

Millions of litres of raw sewage was pumped into one of the UK's most famous lakes after a fault.

The UK has launched a roadmap for high-integrity marine natural capital markets in order to safeguard its coastal environment and ensure investor confidence, which will be supported by the rollout of country-wide codes for coastal ecosystem services.

The California-Quebec current vintage carbon auction on Wednesday is expected to clear in line with or at a slight discount to front month California Carbon Allowance (CCA) prices, traders said, with uncertainty from the ARB's cap-and-trade rulemaking workshop factoring into participants’ views.

Nearly 3 million acres (1.2 mln hectares) of land involved in the California ARB forest carbon offset programme lies in areas at moderate to very high risk from wildfires, potentially endangering millions of tonnes of stored CO2, according to a report published Monday.

Labor's production tax credit (PTC) model for critical minerals and green hydrogen is a clear acknowledgement that Australia can’t simply leave it to free markets when other countries.

The post After a decade of chaos, Labor finally pivots Australia away from dig-and-ship petrostate to post carbon world appeared first on RenewEconomy.

A major voluntary carbon project developer and trader was forced to temporarily defer wages amid another cash flow squeeze, it told Carbon Pulse Tuesday, highlighting the current dire market situation.

Human-caused climate crisis brought soaring temperatures across Asia, from Gaza to Delhi to Manila

The record-breaking heatwave that scorched the Philippines in April would have been impossible without the climate crisis, scientists have found. Searing heat above 40C (104F) struck across Asia in April, causing deaths, water shortages, crop losses and widespread school closures.

The extreme heat was made 45 times more likely in India and five times more likely in Israel and Palestine, the study found. The scientists said the high temperatures compounded the already dire humanitarian crisis in Gaza, where displaced people are living in overcrowded shelters with little access to water.

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What’s in the budget for the environment? Lots for green industry, little for conservation Timothy Neal, Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.