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The once-distant idea of a global market divided up by border carbon fees is coming increasingly into focus, as countries ready themselves for the full force of the EU’s Carbon Border Adjustment Mechanism (CBAM) next year.

Ratings agency BeZero Carbon and carbon infrastructure provider Xpansiv have expanded their partnership to link ratings and market data across voluntary and compliance carbon markets, the two announced Wednesday.

Researchers at a US-based carbon non-profit have lauded the novel approach adopted to carbon removal in a new wastewater alkalinity enhancement methodology, which they say could lead to a new future for crediting in the nascent market.

Australia is generating more solar energy per capita than any other country according to latest data from Ember. And it's in 4th place for combined solar and wind.

The post Chart of the day: Australia tops the world on solar generation per capita appeared first on RenewEconomy.

Researchers say urgent action needed to inform people about risks of heatwave temperatures and adapt homes

The number of UK homes overheating in summer quadrupled to 80% over the past decade, according to a study, with experts calling the situation a crisis.

Heat already kills thousands of people each year in the UK and the toll will rise as the climate crisis intensifies. Urgent action is needed both to inform people on how to cope with high temperatures and to adapt homes, which are largely designed to keep heat in during the winter, the researchers said.

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An eagle-eyed local spotted two wind turbines at Dundonnell wind farm with only two blades, but owner Tilt says it's part of routine maintenance.

The post Tilt insists missing blades on wind turbines just part of maintenance program appeared first on RenewEconomy.

The European Commission on Wednesday adopted a draft decision allowing Finland to unilaterally expand the scope of the EU's Emissions Trading System for road transport and heating fuels (ETS2) to new sectors.

American tech giant Google has signed a deal to supply its data centres and other operations in Taiwan with geothermal energy.

The post Google chooses geothermal power in latest landmark deal to power data centres appeared first on RenewEconomy.

Group of electricity network wants a waiver to let them run a trial of 100 kerbside EV chargers, and blames the rules and private companies for not delivering for consumers.

The post Networks blame private companies for keeping costs high as they try to get into EV charging appeared first on RenewEconomy.

The Turkish government withdrew the country's draft Climate Law from discussions in parliament on Tuesday, putting on hold a policy that would introduce a national emissions trading system, amid opposition, according to local media. 

The Safeguard Mechanism is a good policy. But if it is going to succeed, it must start with accurate reporting from the coal sector.

The post Coal mine emissions reporting methods remain a major blight on Safeguard success appeared first on RenewEconomy.

Exclusive: Ancient oaks ‘as precious as stately homes’ could receive stronger legal safeguards under new proposals

Ancient and culturally important trees in England could be given legal protections under plans set out in a UK government-commissioned report.

Sentencing guidelines would be changed so those who destroy important trees would face tougher criminal penalties. Additionally, a database of such trees would be drawn up and they could be given automatic protections, with the current system of tree preservation orders strengthened to accommodate this.

In 2020, the 300-year-old Hunningham Oak near Leamington was felled to make way for infrastructure projects.

In 2021, the Happy Man tree in Hackney, which the previous year had won the Woodland Trust’s tree of the year contest, was felled to make way for housing development.

In 2022, a 600-year-old oak was felled in Bretton, Peterborough, which reportedly caused structural damage to nearby property.

In 2023, 16 ancient lime trees on The Walks in Wellingborough, Northamptonshire, were felled to make way for a dual carriageway.

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South Korea should not rely on carbon credits from international projects to achieve climate goals, as the country is considered highly likely to fail its target of securing millions of Paris-aligned units by 2030, according to a recent report. 

The UK's struggle to protect its ailing steel industry also presents an opportunity to transition the sector towards modern electric arc furnaces supplemented by imported iron, argued a think tank in a new report.

Most parties to the Paris Agreement have officially signalled interest in using Article 6 carbon market mechanisms to meet their national emission reduction targets, new Carbon Pulse analysis of updated Nationally Determined Contributions (NDCs) shows.

Corporate efforts to reduce Scope 3 emissions are being slowed by a combination of systemic and sector-specific barriers, according to research, which found that nearly half of companies surveyed 38% have seen their value chain's climate impact recently increase.

France has expressed “serious concerns” about the risk of high prices on the EU’s upcoming Emissions Trading System for road transport and heating fuels (ETS2), and put forward detailed proposals to reform the scheme before its planned 2027 kick-off date in order to avoid a public backlash.

Indonesia’s carbon market saw a drop in trading activity in March, with international involvement completely absent and overall volumes falling compared to the previous month, according to data from the IDX Carbon exchange.

Australia’s largest iron ore miner has done much to cut its emissions and engaged in forward facing plans to decrease them more but is still not on a Paris-aligned path and must move away from “unscientific” offset reliance, an activist shareholder group said this week.

The Washington state legislature on Tuesday passed a measure to lower the cap-and-trade scheme’s price ceiling for upcoming years and revise the Allowance Price Containment Reserve (APCR) volumes for the second compliance period.