Feed aggregator

Delegates at COP16 in Colombia on Thursday voted for Armenia as host of the next biodiversity summit in two years’ time, narrowly beating neighbour and climate COP29 host Azerbaijan.

Wind has had the biggest impact on lowering prices in peak periods. But we need more of it, even more than battery storage.

The post We need lots of wind as well as batteries to move peak prices lower appeared first on RenewEconomy.

Oregon’s Department of State Lands (DSL) signed a development agreement Thursday for an 83,000-acre (33,600 ha) state forest to generate carbon credits for sale in the voluntary carbon market (VCM).

Washington Carbon Allowance (WCA) futures prices rose past $50 on Thursday ahead of the looming Nov. 5 vote to decide the fate of the state's ETS, while California Carbon Allowance (CCA) activity took a backseat lacking fundamental drivers.

The combination of solar farming and sheep grazing does not have a negative affect on wool production, and could even improve the quality of wool produced, new study finds.

The post Grazing sheep among solar panels could produce higher quality wool, study finds appeared first on RenewEconomy.

Danish giant is seeking approval to build a massive wind farm in southern New South Wales that would combine up to 348 turbines and two four-hour big batteries.

The post Danish wind giant Vestas unveils plans for 2.5 GW wind and 4 GWh battery project in NSW appeared first on RenewEconomy.

Sydney’s jacaranda trees are in full bloom, blanketing the city in purple and attracting crowds of people trying to capture that perfect frame

• Australia’s best photos of the month – October 2024
• Five things to see at the 2025 Sydney festival

Continue reading...

New Zealand’s track record in domestic marine protection is woeful and its proposal to resume oil and gas licensing offshore has been criticised by Pacific island states. Karen Scott, Professor in Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.

Europe’s power sector is calling on the EU strengthen its carbon market post-2030 to support to bloc’s climate ambitions, with a focus on improvements to market stability, allowance price predictability, and targeted investment, according to a position paper released on Thursday.

The EU’s market regulator has called for listed companies to improve transparency and consistency in the accounting of carbon allowances, urging firms to follow best practices and disclose more information about their financial exposure to emissions-reduction commitments.

CO2 removals (CDR) can doubly support states to meet climate targets and tap into an emergent market estimated to reach up to $135 billion by 2040, with opportunity for policymakers to facilitate scale-up, said a US think tank in a report Wednesday.

Just over two dozen companies have published their voluntary carbon offset purchases in compliance with a recent California law, but many disclosures were incomplete and included low-quality credits, a research group said Thursday.

Andrew Forrest's Squadron Energy passes another planning hurdle for its proposed 700 MW wind farm and 1800 MWh battery project in NSW.

The post Forrest gets planning approval for $2 billion wind and big battery project in central west appeared first on RenewEconomy.

A group of 17 countries led by Colombia and Mexico have announced they are establishing a special group at COP16 to drive progress on mainstreaming biodiversity, following what they said are attempts to undermine the policy.

Review of company data shows Norwegian oil and gas producer downgraded estimates for CO2 stored at Sleipner gas field by almost a third.

The post Equinor admits it “over-reported” amount of carbon captured at flagship project for years  appeared first on RenewEconomy.

A US-based direct air capture (DAC) developer announced Thursday that it will begin manufacturing a novel sorbent material that will be able to passively remove CO2 from the atmosphere.

A consortium of think tanks focused on developing countries vulnerable to climate disasters called for enhanced quality and an expanded scope of funding sources in global climate finance ahead of COP29 in a webinar Thursday.

While governments at COP16 make glacial progress on protecting nature, what billions of people choose to do individually can add up to make a big difference. Jim Radford, Associate Professor, Ecology and Environment, La Trobe University Licensed as Creative Commons – attribution, no derivatives.

Not enough has been done so far at COP16 to address exploitation of minerals for the green energy transition, especially in Indigenous Peoples’ lands, a group of NGOs said Thursday.

A Brazilian organisation is set to market its first biodiversity credits generated through three separate projects across the country, with a philanthropic institution already committed to buying them.