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The world's biggest solar panel makers now produce vastly more useful energy than Big Oil.

The post Solar giants produce more useful energy than Big Oil, and fossil fuel spending is going to waste appeared first on RenewEconomy.

Canada’s C$15 billion ($10.9 bln) public investment vehicle has signed a carbon contract for difference (CCfD) with a municipal energy company at an initial strike price per tonne of CO2 for a 10-year term.

The Swiss industry agency arranging many Article 6 deals on the country’s behalf is aiming to support three kinds of mitigation projects in Chile, Carbon Pulse heard on the sidelines of a summit in Colombia on Tuesday.

Climate litigation is on the rise, according to analysis published Thursday, with filed cases focused increasingly on corporate greenwashing rather than governments, and a growing share involving the use of voluntary carbon credits.

A huge number of national and state-level jurisdictional REDD (J-REDD) carbon credits are set to burst onto the market, with buyers willing to pay a hefty premium above the private avoided deforestation sector, finds a new report.

New York Governor Kathy Hochul (D) announced Wednesday that $8.5 million had been awarded to winners of the first round of the Natural Carbon Solutions Innovation Challenge, and that $13 mln was available for projects in the second round.

Robotaxi service recovering from gruesome collision with pedestrian that triggered suspension of California license

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision that triggered the suspension of its California license and the removal of all its robotaxis from the state’s roads.

Marc Whitten, one of the key engineers behind the Xbox video game console, will take over as Cruise’s chief executive nearly nine months after one of the service’s robotaxis dragged a jaywalking pedestrian – who had just been struck by a vehicle driven by a human – across a darkened street in San Francisco before coming to a stop.

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Increasing coral bleaching will be worst for the most biodiverse reefs along the equator, impacting the livelihoods and nutrition of the people who depend on them. Camille Mellin, Senior Lecturer and ARC Future Fellow, School of Biological Sciences, University of Adelaide Damien Fordham, Associate Professor of Global Change Ecology, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.

Our purpose-built “frog saunas” allow amphibians to warm up in winter and bake off chytrid infections. You can even DIY and build a frog sauna for your own backyard with our step-by-step guide. Anthony Waddle, Schmidt Science Fellow in Conservation Biology, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

Project developer C-Quest Capital (CQC) on Wednesday revealed it has uncovered wrongdoing by its founder and former CEO Ken Newcombe that resulted in the over-issuance of millions of voluntary carbon credits, and has subsequently reported the matter to US authorities and has fired a number of senior executives and staff at the Washington DC-based firm.

Days of flooding have submerged homes and farmland across South Dakota, Nebraska, Iowa and Minnesota

At least two people have died as a result of devastating floods in the US midwest. Flood warnings remain in place across South Dakota, Nebraska, Iowa and Minnesota as more rainfall and storms are expected to hit the region this week.

More than 3 million people have been affected by days of flooding that washed away homes and submerged vast swaths of farmland. On Sunday, a railroad bridge connecting Iowa and South Dakota collapsed from flooding.

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North Herefordshire candidate and chef also call for water industry overhaul and more support for farmers

The Green party and the celebrity chef Hugh Fearnley-Whittingstall are calling for a “protection zone” to be placed around one of the UK’s most beautiful but threatened rivers and have demanded “drastic” nationwide changes to the water industry’s management and regulation.

At a wild-swimming event on the River Wye on Wednesday, Fearnley-Whittingstall and the Green party’s candidate for North Herefordshire, Ellie Chowns, both took dips, but only after measuring the level of pollution in the water.

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The densely forested country of Suriname plans to exploit its newly discovered oil reserves and remain a net remover of carbon at the same time, by requiring oil companies to buy Internationally Transferred Mitigation Outcomes (ITMOs) to cover their Scope 1 and 2 emissions.

Companies are struggling to meet regulatory requirements for carbon projects in developing countries, according to experts speaking on an online panel at London Climate Week.

The Canadian subsidiary of Anglo-Dutch oil major Shell announced Wednesday it has reached a final investment decision (FID) to proceed on two carbon capture and storage (CCS) projects in Alberta, with one having an approximate annual capture capacity of 650,000 tonnes of CO2 annually.

Europe’s leading energy exchange EEX will not be taking over Nasdaq’s Nordic power trading and clearing business, the company announced on Wednesday.

How can Australia get to net zero by 2050 while approving projects that will run for decades beyond that date?

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The sham of Australia’s climate change policy has been made clear in the past two weeks. No, not nuclear power. Last Friday, while everyone was racing down nuclear-powered rabbit holes, the environment department (led by the environment minister, Tanya Plibersek) approved a coal seam gas pipeline in Queensland. This approval “has effect until 30 June 2069”. And on Tuesday the department approved the Atlas stage 3 gas project in Queensland out to June 2080.

Those dates are rather beyond 2050 when we’re supposed to be at net zero emissions. They are also when temperatures will be well over 2C above the preindustrial average.

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Paper outlines different legal theories that could help governments pursue accountability for harms

Companies have spent decades obstructing efforts to take on the plastics crisis and may have breached a host of US laws, a new report argues.

The research from the Center for International Environmental Law (CIEL) details the widespread burdens that plastic pollution places on US cities and states, and argues that plastic producers may be breaking public-nuisance, product-liability and consumer-protection laws.

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Climate campaigners and scientists disturbed over claims about global warming found in document obtained through Gipa laws

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The New South Wales government is facing criticism over a review of how to cut emissions from coalmines that claims the goal of limiting global heating to well below 2C will not be met – a position at odds with the state’s laws and policies.

Climate campaigners and scientists said the claim in the report, prepared for the planning department, is inconsistent with state legislation that commits to pursuing efforts to limit temperature increases to 1.5C.

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When the new European Commission takes office later this year, it will have a tricky question to answer – how to find €1.5 trillion per year to finance the EU’s net-zero transition. As EU governments tighten their belts, revenues from carbon trading could provide a much-needed source of income, experts say.