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The UK government's plan to build up carbon capture, usage, and storage is based on outdated and unrealistic assumptions and risks locking consumers into expensive and fossil fuel-based technologies when cleaner alternatives exist, according to analysis released on Wednesday.

Governments can effectively target carbon emissions without implementing explicit carbon taxes, economists have demonstrated, offering policymakers new tools amid rising public backlash against greenhouse gas pricing policies worldwide.

The EU's revised CO2 regulation for cars, which bans the sale of new petrol and diesel vehicles as of 2035, is "the single most important emissions reduction measure" necessary to hit the bloc's 90% GHG reduction target by 2040, according to a new study.

The Texas wildfires impacted a ranch used to generate grassland soil carbon credits, but the project developer said the soil carbon levels were likely only minimally impacted, if at all, Bloomberg reported Tuesday.

A non-profit research team has released a publicly viewable database of global offset projects, streamlining pockets of incomparable information from various registries to help improve monitoring of the voluntary carbon market.

Gold mining giant to spend $296 million on wind and solar and transmission to slash power costs of its St Ives mine in Western Australia by two thirds.

The post Gold Fields to spend $296 million on wind and solar to slash mine’s power costs by two thirds appeared first on RenewEconomy.

A New York-based startup that aims to extract natural gas by injecting captured CO2 has grown quieter amid intensified legislative resistance against CO2-based fracking in the Empire State.

A California-based carbon removal firm announced Tuesday the completion of its $80 million Series A financing, with investment participation from the venture capital arms of industry heavyweights.

We reviewed evidence on traditional knowledge in the Pacific for coping with climate change, and found much of it was scientifically plausible. Patrick D. Nunn, Professor of Geography, School of Law and Society, University of the Sunshine Coast Roselyn Kumar, Adjunct Research Fellow in Geography and Social Sciences, University of the Sunshine Coast Licensed as Creative Commons – attribution, no derivatives.

The European Commission outlined plans on Tuesday for the 27-nation bloc to better anticipate and manage extreme weather events following the publication the day before of the EU's first-ever EU Climate Risk Assessment Report.

Airlines are relying on production processes for sustainable aviation fuel (SAF) that are not yet ready to scale to avoid paying for their carbon emissions under the first phase of CORSIA, warns a report.

Germany has started the first bidding process for a 'climate contracts' funding programme worth up to €4 billion, whereby EU ETS-covered energy-intensive firms can apply for 15-year funding for large green transformation projects.

French asset manager Mirova has announced the second close of the Climate Fund for Nature at €195 million ($213 mln) with investments from three corporations.

A regional council in northern Italy has allocated €10.5 million from the EU to fund projects aimed at protecting and restoring biodiversity, warning that conservation efforts must expand beyond existing protected areas.

The sewage treatment works at Horley seem to be crumbling, much like owner Thames Water itself

• Come clean on rescue plans for Thames Water, MP demands

The brochure boasts of a family-friendly community located in tranquil green space within easy reach of high-speed links to London.

However, the residents of a new development of 1,500 homes in Horley, Surrey, have recently set up a WhatsApp group, whose title illustrates a less attractive feature of the community: Stop the Poo.

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The European Parliament approved new measures to boost the energy performance of buildings across the EU on Tuesday, in an attempt to decarbonise the sector before it enters the EU Emissions Trading System (ETS).

An industry partnership that develops guidelines for financial institutions to disclose their  Scope 3 value chain emissions is fast gaining momentum for both voluntary and mandatory reporting, with parts incorporated into EU regulations even as the bloc postpones issuing its own sector-specific guidelines.

Biodiversity-specific funds passed $1.5 billion by the end of 2023, with eight vehicle launches throughout the period despite relative underperformance across the board.

Companies in the European Union will have to submit carbon offsetting claims for prior verification and approval by third-party certifiers before putting them in front of consumers or face hefty fines, according to draft EU rules voted on Tuesday.

Clean Energy Australia 2024 report paints a picture of a “very positive” year for renewables, including record-breaking figures for investment in utility scale storage.

The post Big batteries, small solar the heroes of 2023, as investment in big wind and solar sags appeared first on RenewEconomy.