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The Australian Securities and Investment Commission (ASIC) is consulting on updates to its regulatory guidance for carbon market participants in relation to financial services licensing requirements, it announced Monday.

Julia Gillard to chair new energy transition fund aiming to build 15 GW of solar, wind and battery storage in Australia.

The post Gillard to chair new multi-billion dollar energy fund targeting wind, solar and batteries appeared first on RenewEconomy.

A baseload North Dakota coal plant secured a $5.1 million award for a carbon capture, utilisation, and storage (CCUS) project, a US senator reported Friday.

A bill that lays out provisions for geologic carbon capture and storage (CCS) in Alabama passed the legislature last week, and is now headed to the governor’s office to be signed into law.

RGGI allowance (RGA) rallied to an all-time high on Thursday but retreated in the following two days, with market participants largely not expecting prices to continue on their recent upward trajectory in the short term.

It was once a gross industrial sewer. But decades of work has turned Merri Creek into a green ribbon in Melbourne’s north. Judy Bush, Senior Lecturer in Urban Planning, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Environmental success depends on social connections. So if you want to start a new group, you need to think about the people as much as the problem. Sonia Graham, DECRA Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.

European carbon allowance prices gained as much as 3.4% on Monday, approaching a key technical resistance level in the morning before tailing off, as they took cues from an early gas rally, supportive renewable generation and temperature forecasts, and tighter auction supply this week.

Headlines in the trade press about the troubles of Rimba Raya in Indonesia were over-shadowed last week by a BBC investigative programme that exposed many criticisms of individual REDD projects to the general public, while also questioning the efficacy of voluntary efforts in general to the net zero cause, though prices saw little change.

The Indonesian forestry concession holder of the troubled Rimba Raya REDD+ scheme on Monday said it had terminated its agreement with the project proponent, plunging the world's largest forestry offset project deeper into chaos.

The European Commission should extend the scope of its emissions monitoring tool on flights to also cover non-CO2 gases, according to a letter sent by airlines and NGOs on Monday to the Belgian presidency of the Council and the responsible Commission units.

Existing human-induced regeneration (HIR) carbon projects that get folded into Australia’s integrated farm land management (IFLM) method could see their credit issuance halved due to more stringent requirements, analysis has warned.

The EU’s carbon market diplomacy taskforce was formally launched on April 1 by the European Commission’s climate directorate and a new head has been appointed, an EU official confirmed.

A French-based environmental company has started piloting a biodiversity credit methodology for nature conservation and restoration projects in Mexico, with the first results expected by the end of October, Carbon Pulse has learned.

A newly-launched project aims at accelerating and scaling nature-positive efforts by businesses, financial institutions, and European governments.

Exclusive: Mukhtar Babayev says clear accounting crucial to build trust as developing world seeks trillions in support

Poor countries must demonstrate clearer accounting and transparency to back up their calls for trillions of dollars of climate finance, the president of global climate negotiations has said.

Mukhtar Babayev, the ecology minister of Azerbaijan, who will lead the Cop29 UN climate summit in November, urged governments in developing countries to draw up reports showing their progress on cutting greenhouse gas emissions, and their spending on the climate crisis.

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Germany has launched a search for contractors to assist the government of Kosovo in preparing for the EU’s carbon border adjustment mechanism (CBAM) and to establish a regional ETS in the Balkans.

Global investment in clean technology manufacturing surged to $200 billion last year, a 70% increase from 2022, with solar manufacturing capacity already aligned with the deployment levels required in 2030 to achieve net zero emissions, the International Energy Agency (IEA) has said in a report released Monday.

A Japanese startup has launched a rating service for projects in the country's national offset programme in a bid to bring much-needed transparency to the domestic carbon market.

The New Zealand government is mulling whether to include the emissions from international flights and shipping to its emissions target, and is seeking public feedback and submissions in a first for the nation.