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Two oil and gas majors and a gas shipping company have joined an initiative aimed at improving technologies to measure and mitigate methane emissions from the maritime sector, in an effort to reduce pollution from the use of  LNG as a fuel. 

Companies should shift towards carbon removals with durable storage in their credit-buying strategies as opposed to credits for emissions avoidance or reductions, say academics in updated offsetting guidance.

Most of the companies driving tropical deforestation are failing to address their impacts, with one-third lacking commitments and almost two-thirds showing little evidence of implementing them, a study has found.

French renewables and battery developer says it has raised more than $1.1bn in new debt finance for its Australian assets, including the four-hour battery being built in Western Australia.

The post Neoen lands $1.1 billion in finance as green bank backs its first four hour battery appeared first on RenewEconomy.

BC’s ministry of finance anticipates reduced revenues from the provincial carbon tax but will allocate more funding to quarterly rebates for eligible residents, according to government documents published Thursday.

RGGI Allowance (RGA) prices held near their record highs on thin volume over the past week, as participants anticipated more movement ahead of the Q1 auction next month.

French energy giant EDF splans to build a pumped hydro project in the New England region of NSW after buying the asset from Walcha Energy.

The post French energy giant to build pumped hydro storage project in New England appeared first on RenewEconomy.

Italian oil giant’s plans to produce thousands of tonnes of biofuel crops in Africa is falling short, an NGO’s study reveals.

California electricity sector CO2 emissions continued to dip to record lows in January, even as natural gas maintained its historically high share of the state's energy supply, data published Friday showed.

Australia’s main grid has 40,000 km of transmission lines. Building another 10,000 km quickly is proving hard. Magnus Söderberg, Professor & Director, Centre for Applied Energy Economics and Policy Research, Griffith University Phillip Wild, Senior Research Fellow, CAEEPR, Griffith University Licensed as Creative Commons – attribution, no derivatives.

A trade deal between Brussels and four members of the South American Mercosur economic group would compromise UN agreements and EU law, according to a legal analysis issued Monday.

Egypt has defined the legal status of voluntary carbon credits to be traded in the North African country ahead of moves to harmonise a standard set of principles internationally.

Tuesday's vote by the full European Parliament's house on a bill to restore at least 20% of the bloc’s land and sea areas by 2030 is expected to be a 'rubber-stamping' exercise, although farmers' discontent with EU green policies, red tape, and lack of funding has been tearing Brussels apart.

US-based agtech firm Indigo Ag has completed its third carbon crop, more than doubling its post-buffer pool offset supply, it said Monday, while also announcing a new partnership that is expected to expand its network of credit buyers.

A huge number of African REDD voluntary carbon credits were retired by an oil and gas major last week, but spot activity was thin and trading generally lacklustre as prices kept steady.

An international consultancy has become the first voluntary carbon credit buyer to make a claim for the highest grade available under the Voluntary Carbon Market Integrity (VCMI) initiative's code of best practice.

The world's largest food conglomerate Nestle has published its 2023 sustainability report pledging to reach and maintain 100% deforestation-free primary supply chains by 2025.

Belgian capital blocked by 900 tractors amid protests throughout bloc demanding policy changes

Farmers have clashed violently with police in the European quarter of Brussels, spraying officers with liquid manure and setting fire to mounds of tyres, while the EU’s agriculture ministers met to discuss the crisis in their sector.

As farmers also protested in Madrid and on the Polish-German border, at least 900 tractors jammed streets in the centre of the Belgian capital, police said, with protesters throwing bottles and eggs and setting off fireworks while riot police fired water cannon.

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Space agency Jaxa said the craft re-established communication after the equivalent of two Earth weeks without Sun.

The financial sector must step up and participate in the process of reforming subsidies that are harmful to nature, Colombia's environment minister has said, as the government prepares to host UN biodiversity talks later this year.