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A major US insurance company notched a win in a Hawaii Supreme Court ruling that found a policy issued to an oil and gas company does not cover damages from greenhouse gas (GHG) emissions.

In the first two years since its implementation, the Inflation Reduction Act (IRA) is expected to add $237.5 billion to the US gross domestic product (GDP), an industry group modelled Tuesday.

A national conservation group announced on Tuesday plans to hold its first auction for nature-based carbon credits in February 2025 – the first of its kind in the US, according to their statement.

The US Environmental Protection Agency (EPA) released 2023 greenhouse gas (GHG) data Tuesday showing that direct emissions from large stationary sources were down 4% year-on-year (YoY).

A Vancouver-headquartered project developer has signed a deal to acquire a 50% equity stake in a US-based carbon sequestration project.

Europe should reward sustainable forestry practices rather than profit-seeking from logging activities, researchers have said, echoing calls from left-wing lawmakers in the European Parliament who reject a recent proposal to delay the EU's anti-deforestation regulation by one year.

Green Gravity says it has secured $9 million in new funding to develop its gravitational energy storage technology that it hopes to deploy in disused mines.

The post Australian start-up secures $9m for mine-based gravity energy storage technology appeared first on RenewEconomy.

Quebec greenhouse gas (GHG) emissions in 2023 dropped year-on-year (YoY), but still surpassed the province's ETS cap for the sixth consecutive year, according to government data released Friday.

Victoria's constitution will be altered to include Labor's signature election promise to revive the State Electricity Commission after a surprise change of heart from cross-benchers.

The post State owned utility to be protected under constitution after cross-bench changes heart appeared first on RenewEconomy.

Energy ministers agreed on Tuesday that the EU needs to ramp up efforts to tackle high energy prices, with a majority also calling for an end to Russian LNG imports that are still managing to make their way into the EU.

These remarkable fish need clean rivers to breed in. Their decline highlights the collapse of environmental regulation

The collapse in the number of wild salmon in England and Wales is deeply dismaying. These fish are widely regarded as wonders of the natural world because of their extraordinary life cycle. This takes them thousands of miles out into the North Atlantic Ocean, before they return to our rivers – swimming and leaping upstream – to spawn.

Climate change and failures of marine conservation have contributed to the decline in numbers across their entire range, which extends from Russia to Portugal. But in Britain, the poor state of rivers is another obstacle to the species’ survival. As well as a warning of the global threat to biodiversity, their dwindling numbers are a reminder of the price paid for the repeated breaking of environmental law.

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California Carbon Allowances (CCA) futures trade surged on ICE after regulator ARB released a notice Tuesday confirming aspects of upcoming changes to the cap-and-trade programme.

A nature-based platform has teamed up with a tech firm to offer combined screening and monitoring of forest carbon projects.

Google has become the first company to sign a corporate power purchase agreement (PPA) to buy nuclear power from small modular reactors (SMRs), the company said on Monday.

Fifteen firms in Germany have been awarded support guarantees in the first round of the country's novel climate contracts for difference (CCfD) scheme, established to help industrials with the transition towards net-zero goals, with payouts linked to EU ETS prices.

There is “huge uncertainty” around what would happen to US carbon markets regulations if the openly-climate sceptic Donald Trump is re-elected in November, according to the co-chair of the Integrity Council for the Voluntary Carbon Market (ICVCM).

The financial regulatory sector must act swiftly to address the rapid decline of nature, by taking actions including mandating targets, WWF said in a report.

Investing in biodiversity is being held back by a lack of financial materiality and policy impetus, though steps forward on an international carbon market could unlock funding for biodiversity, said analysts at a sustainability ratings agency.

Day trips to the Moon, living on Mars, space elevators… when it comes to the future of space exploration, some possibilities might be closer than we think!

Investors say climate change poses biggest risk to their assets, and urge Albanese government to see the economic dangers of a slow path to net zero

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Institutional investors dealing with portfolios in the trillions of dollars aren’t typically the most vocal climate campaigners. You won’t find many superannuation fund staff, fund managers, asset consultants or brokers with a placard on the streets or on top of a Newcastle coal train.

But you may increasingly find them on a screen you’re watching. Or at least their message.

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