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South Korea's monthly CO2 permit auction on Wednesday was overbid after the government's recently introduced flexible mechanism allowed volumes to be slashed, though the demand outlook remains blurry given persistent regulatory uncertainty.

Canada plans to establish a $260-million trust fund for Asia through the Asian Development Bank (ADB) to promote private sector funding in projects involving climate, nature-based solutions, and gender equality in the continent, pending approval from the bank's board.

Investment from one of Australia’s largest sources of cash, superannuation or retirement funds, is dropping when it comes to Australian Securities Exchange-listed oil and gas companies, an activist share group said Wednesday.

Research released by Market Forces finds the biggest super funds were going cold on the two companies considered major "climate wreckers".

The post Australian super funds go cold on two bigger “climate wreckers”, report says appeared first on RenewEconomy.

est Australian gold producer Westgold has replaced six diesel power stations with four hybrid solar, battery and gas systems to slash emissions and save money.

The post Hybrid solar battery systems replace diesel at four remote gold mines appeared first on RenewEconomy.

Global methane emissions reached a record high in 2023, when they need to fall by three-quarters within the decade in order to help limit the temperature rise to 1.5C, according to International Energy Agency (IEA) data published on Wednesday.

Coral larvae more likely to settle on degraded reefs bathed in marine soundscapes, Caribbean study shows

Underwater speakers that broadcast the hustle and bustle of thriving coral could bring life back to more damaged and degraded reefs that are in danger of becoming ocean graveyards, researchers say.

Scientists working off the US Virgin Islands in the Caribbean found that coral larvae were up to seven times more likely to settle at a struggling reef where they played recordings of the snaps, groans, grunts and scratches that form the symphony of a healthy ecosystem.

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Soon it will head back north to the demilitarised zone between North and South Korea where it can breed undisturbed

I opened the windows to the hide and was greeted by a mass of birds. Hundreds of cormorants, gulls, herons, egrets, ducks and waders, all feeding frantically as the rising tide covered up the fertile mud. Overhead, black kites patrolled half-heartedly, occasionally provoking the other birds to take to the wing in short-lived panic, before settling back down to feed or rest.

I witnessed this spectacle at the World Wide Fund for Nature’s Mai Po nature reserve in Hong Kong, justly celebrated as one of the most important wetlands in the world. Either side of high tide, birds gather here in vast numbers against the backdrop of Shenzhen, one of the fastest-growing cities in the world, just across the border in mainland China.

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Government has no credible plan for effects of extreme weather, says Committee on Climate Change

The UK’s plans for adapting to the effects of the climate crisis “fall far short” of what is required, the government’s statutory adviser has said.

The Climate Change Committee (CCC) has examined the national adaptation programme published by ministers last July, intended to set out how people, buildings and vital national infrastructure such as water, transport, energy and telecommunications networks could be protected from the increasing severity of storms, floods, heatwaves and droughts that are afflicting the UK as a result of global heating.

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Playing sounds from healthy coral reefs at degraded ones encourages coral larvae to settle, a study has found.

Scientists recorded audio from thriving reefs and then played it back at reefs in decline. Their work suggests that coral larvae respond to sounds in the ocean to work out where best to settle and grow

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The governments of Papua New Guinea and Australia, alongside the Global Green Growth Institute (GGGI), have launched a A$20 million ($13.2 mln) climate finance programme.

Concerns have been raised about what some are calling 'trial by media' in the voluntary carbon market (VCM) after Verra said it froze the registry account of a developer in the wake of allegations made in a magazine article because it was a ‘unique situation’, contrary to the standard body’s usual protocol.

The biggest single energy consumer in Australia, the Tomago smelter, is about to launch a massive tender for wind and solar. It says nuclear is too expensive.

The post Australia’s biggest smelter to launch massive wind and solar tender, says nuclear too costly appeared first on RenewEconomy.

Rio Tinto’s Vik Selvaraja on why Australia’s biggest smelters - and biggest single energy consumers - are choosing wind and solar. Plus: Coalition’s nuclear nonsense.

The post Energy Insiders Podcast: Australia’s biggest smelters flick switch to wind and solar appeared first on RenewEconomy.

Electric vehicles have long come at a premium. But as cheaper models arrive, outer suburban residents are taking to EVs to save on petrol Park Thaichon, Associate Professor of Marketing, University of Southern Queensland Licensed as Creative Commons – attribution, no derivatives.

Taiwan's unprecedented drought has not only caused a great economic impact on the global semiconductor industry, but also significantly changed the carbon sequestration capacity of the domestic forest ecosystem, a study has found.

Woodside this week cited market uncertainty over the climate science as a reason to delay its green investments.

The post Woodside serves “nothing burger” on climate and clean energy as shares show decade long decline appeared first on RenewEconomy.

A survey of giant redwoods growing in the UK reveals the trees are doing well - and growing fast.

Record Western Australian rainfall has closed the Eyre Highway that links Perth to the eastern states and flooded outback stations, including Australia’s largest operating sheep station Rawlinna. Parts of WA experienced more than half a year's rain in 24 hours over the weekend, with more than 155mm of rain recorded at Rawlinna

• WA floods: ‘serious welfare concerns’ for seven people, including four children, missing amid heavy rain

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The first round of Victoria's beefed up 100 neighbourhood battery program will fund six projects.

The post Network company wins majority of funding in latest Victoria community battery grant appeared first on RenewEconomy.