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European carbon prices began the week on a positive note as the market rose after Sunday's second round of elections for France's parliament appeared to deal a blow to right-wing parties' hopes of forming a government, but the rally was short-lived and by midday EUAs were again testing support at a key level from last week.

Rachel Reeves says she will revise planning policy and decisions should be taken ‘nationally, not locally’

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The effective ban on onshore windfarms has been dropped by the Labour government, in news that has delighted environmental and energy experts.

The ban was caused by two footnotes to the National Planning Policy Framework (NPPF), the rules which govern the building of homes and infrastructure.

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The European Commission pledged to work closely with India to help the country adapt to the incoming Carbon Border Adjustment Mechanism (CBAM) fees and introduce its own emissions pricing scheme, during a visit to New Delhi last week. 

An Indian project developer has ventured into the market for carbon credits from enhanced rock weathering (ERW), eyeing projects that generate more credits and at a lower price than other early movers.

The French government put forward its carbon capture, utilisation, and storage (CCUS) strategy on Friday, outlining a roadmap to catch 4-8 million tonnes of CO2 per year by 2030, targeting hard-to-abate sectors of industry across four “CCS valleys”.

A coalition comprising major tech companies and environmental groups in Japan has called on the government to set an aggressive emissions reduction target for its 2035 nationally determined contribution (NDC).

The public body in charge of managing the UK's coal mining legacy has released a nature recovery plan, seeking to include nature-related credits into its financial models by 2026.

Imposing a carbon levy on domestic emitters will likely have limited impact on Taiwan's overall economy, though it remains unclear whether the island will be able to launch its carbon pricing programme next year as planned, according to government meeting documents.

A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.

Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 

The increasing share of renewable energy in our electricity grid means there’s no guarantee existing transmission capacity will be available for nuclear energy.

The post Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle appeared first on RenewEconomy.

An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.

Fatal crocodile attacks are extraordinarily rare in Australia – and there is no evidence to suggest their numbers are too high. Brandon Michael Sideleau, PhD student studying human-saltwater crocodile conflict, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.

Australia again ranks amongst the world's worst countries for climate action, ahead of only ustralia was only ahead of Qatar, Brunei and the United Arab Emirates.

The post Australia exposed as one of world’s worst climate wreckers in key UN-backed report appeared first on RenewEconomy.

Concrete pours and first turbines complete at the largest wind project in South Australia, and the first to connect to grid in more than two years.

The post Concrete foundations and first turbines up as S.A.’s biggest wind farm poised to start production appeared first on RenewEconomy.

Copernicus Climate Change Service says results a ‘large and continuing shift’ in the climate

The world has baked for 12 consecutive months in temperatures 1.5C (2.7F) greater than their average before the fossil fuel era, new data shows.

Temperatures between July 2023 and June 2024 were the highest on record, scientists found, creating a year-long stretch in which the Earth was 1.64C hotter than in preindustrial times.

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After several delays, federal environment minister gives tick to Hunter Valley wind farm.

The post Hunter Valley wind farm gets federal approval as developer sets sights on second stage appeared first on RenewEconomy.

FRV committed to its first hybrid generator/battery in Australia after a rule change paved the way for a shared grid connection point.

The post Saudi-owned FRV switches on its first solar/battery hybrid project in Australia appeared first on RenewEconomy.

First turbines go up at off-grid mine that will be mostly powered by renewables and storage.

The post First turbines go up at off-grid mine after 850kms journey from port appeared first on RenewEconomy.