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A golden orb has been discovered on the ocean floor off the Pacific coast of Alaska. The smooth object with an intriguing hole at the centre was found at the depth of about two miles by a remote-controlled submarine explorer. Scientists at the National Oceanic and Atmospheric Administration (NOAA) in the US, made the discovery. Researchers are conducting tests to work out what the object is.

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Alberta may need to strengthen its large emitter system to avoid running afoul of the Canadian CO2 pricing benchmark, as the impact of federal climate policies and carbon capture projects on the province may eliminate significant demand drive down credit prices, experts and market participants told Carbon Pulse.

Elected last year, PM Anthony Albanese vowed to haul his laggard nation from the "naughty corner".

EU nations should make progress "as soon as possible" on the European Commission's proposal to tackle high energy prices and energy supply issues, the executive's energy chief Kadri Simson reminded participants of a high-level forum in Brussels on Thursday.

Around 80% of the 1,100 members of the Taskforce on Nature-related Financial Disclosures (TNFD) forum said they would adopt its recommendations by 2026, the co-chair of the taskforce has said.

Analysts at a voluntary carbon market data firm have estimated that the price-per-tonne of direct air capture units will fall below $450 by the end of the decade, based on forecasts from around 100 stakeholders in engineered removals, they wrote in a post published Thursday.

Countries forced to choose between climate resilience, fighting poverty and paying debts, says Ban Ki-moon

The flow of climate adaptation finance to Africa must increase up to tenfold by 2035 to meet the deepening effects of the climate crisis, according to research.

As the Africa Climate Summit continued in Nairobi, campaigners spoke of the desperate need to get funding to people who are already being affected by climate change. Africa, the region most impacted by the climate emergency, receives only 3% of global climate finance.

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A carbon analytics firm has announced a new indexing system that ranks countries based on their regulatory and investment attractiveness for voluntary carbon market (VCM) projects, following on from another marketplace announcing a similar service earlier this week, as they both aim to clear up the information landscape amid the rapidly changing sector.

EU industries’ trade deficit is widening and risks deteriorating further if concrete, targeted solutions are not implemented, representatives from 25 EU industries have warned in a letter sent to  European Commission President Ursula Von der Leyen, Commissioners, and the EU parliament on Thursday.

­­­­US government support to advance direct air capture (DAC) through the Department of Energy’s $3.5 billion to be invested in four regional DAC hubs over the next five years, and its identification of specific hubs to receive that investment, is a “huge proof point” for the sector and technology, a leading DAC developer told a conference on Thursday.

Carbon project developer South Pole announced Thursday that work has started on a biomass carbon capture and storage plant in Switzerland, with plans for the facility to remove over 4,000 tonnes per year when it becomes operational in 2025, and the first batch of units to be bought by a Swiss business foundation.

Two South Korean companies on Thursday signed a joint development agreement to build a portfolio of landfill gas projects abroad starting with Southeast Asia, targeting the generation of 10 million carbon credits by 2030.

Speaking at the Association of Southeast Asian Nations' summit in Indonesia, the UN secretary general, António Guterres, said 'greater cooperation' was desperately needed on the climate front.

'We have just learned that this past June, July and August were officially the hottest three-month period on record,' Guterres said. 'The so-called dog days of summer are not just barking, they are biting'

• World meteorologists point to ‘vicious cycle’ of heatwaves and air pollution

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Scientists analysing DNA of object that could be an egg from an unknown sea creature or a marine sponge

A mysterious golden orb that may be an egg laid by an unknown sea creature has been discovered on the ocean floor off the Pacific coast of Alaska.

The smooth object with an intriguing hole at the centre was found at a depth of about two miles by a remote-controlled submarine explorer.

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European carbon prices advanced steadily in very light Thursday morning trading, snapping a five-day losing streak as the market absorbed a second day without auction supply while natural gas prices rebounded as efforts to resolve a labour dispute at Australian LNG plants appear to have failed, setting the scene for strikes to start on Friday.

New fund led by former heads of ARENA and AEMO targets solar, wind and storage assets in Australia, and is backed by one of the world's biggest asset managers.

The post Former Australian energy chiefs lead new global fund targeting solar, wind and storage appeared first on RenewEconomy.

An organisation representing eight central banks has issued guidance on how financial institutions can approach nature-related risk.

A major fintech company in India has partnered with an Australian cleantech startup to promote carbon neutrality in the sector.

Up to 180 vehicles can be charged at any one time in as little as 15 minutes at the just-opened Gigahub

The UK’s largest electric vehicle charging hub has opened at Birmingham’s NEC conference centre with the power to charge up to 180 vehicles at a time in as little as 15 minutes.

The multimillion-pound site will provide the UK’s highest concentration of super-fast chargers in one location after the biggest-ever private investment in Britain’s charging infrastructure.

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