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California Carbon Allowance (CCA) prices sagged to a six-week low in recent days as bearish macroeconomic factors intertwined with “roll season”, while Washington Carbon Allowance (WCA) values sank as traders questioned the upcoming November Allowance Price Containment Reserve sale and state’s WCI linkage potential.

Self-contained power system that combines solar and a renewable hydrogen hybrid battery begins trial run at Victoria manufacturing facility.

The post First “stand-alone” renewable hydrogen system plugs in at manufacturing facility appeared first on RenewEconomy.

A large Brazilian financial services firm is working to set up a trading desk following its inaugural sale of carbon credits to a major multinational bank, the company announced Wednesday.

A household survey has revealed three distinct patterns of consumer behaviour around food waste. Trang Nguyen, Postdoctoral Fellow, University of Adelaide Patrick O'Connor, Associate Professor, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.

A scarcity of green hydrogen may force a Spanish steelworks to rely on fossil fuels for longer, diverting public money just weeks ahead of the first auction of the EU's new Hydrogen Bank facility.

EUA prices are set to remain broadly within their current range in the coming two years before resuming their upward trajectory from 2026, as the market works through the additional supply mandated by the EU’s REPowerEU initiative, according to analysts speaking at the Carbon Forward event on Thursday.

A UK-based carbon credit insurer on Thursday announced its clients can now get paid out in replacement offsets, after the company amassed four partners to build a pool of units with which to settle claims.

Multilateral development banks provided worldwide climate finance of almost $100 billion in 2022, up from $82 bln in 2021, with a record more than $60 bln going to low and middle-income countries, according to a report released Thursday.

London-based exchange ICE has seen its first trades in its newly-launched CORSIA-eligible carbon credits, transactions that give an early indication of how correspondingly-adjusted units will be valued.

The EU should first test whether its carbon border adjustment mechanism (CBAM) delivers on its objectives of reducing emissions in third party countries and providing carbon leakage protection for European industry, before expanding its scope within existing, or to additional, sectors, an industry representative said on Thursday.

Officials from Brazil's first homegrown carbon offset standards body will bring in smaller landowners and promote conservation across the country by reducing the significant time and costs involved in applying for credit certification.

Shipping companies may try to avoid paying carbon costs for their routes by engaging in ship-to-ship transfer of their liquid cargo at sea, a maritime industry expert told an audience at the Carbon Forward conference on Thursday.

The Johannesburg Stock Exchange (JSE) has teamed up with infrastructure provider Xpansiv to allow local participants to buy or sell carbon credits and renewable energy certificates held in either local or global registries.

The second funding round organised by the Modern Cooking Facility for Africa (MCFA) initiative will open at the end of November with €16 million up for grabs, designed to provide finance to scale clean cooking solutions across seven African countries.

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

The World Economic Forum (WEF) is putting together a buyers club for biodiversity credits to be launched early next year with several major companies already signed up ahead of what is planned to be a pilot auction to be held at an undecided date next year.

Australian and Chinese researchers whose worked delivered the stunning cost reductions in solar PV presented with world's top engineering prize.

The post Australian solar pioneers presented with world’s top engineering prize appeared first on RenewEconomy.

Gianluca Grimalda says he was fired when he refused to return at short notice from Solomon Islands research trip by plane

A climate researcher who refused to comply with his employer’s demand to fly at short notice back to Germany from the Solomon Islands says he has been fired from his job.

Gianluca Grimalda is still waiting in Bougainville for a cargo ship, set to depart on Saturday, to begin his return journey to Europe, after six months investigating the impacts of climate breakdown and globalisation on the island’s inhabitants.

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More than 60% of EU companies say they have experienced losses due to climate change, an increase on last year, but only around half of those firms are taking action to build climate resilience amid increasingly stringent financial conditions across the region, according to a report released Thursday.

My company in Germany has demanded my swift return from climate-change fieldwork near Papua New Guinea. I can’t do it

Two weeks ago, my employer presented me with a stark ultimatum: return to my offices in Kiel, Germany, within five days, or lose my job. I am a climate researcher and since March 2023, I have been completing vital fieldwork into the social impact of climate change almost 24,000km away by overland routes, on the island of Bougainville off the coast of Papua New Guinea.

My fieldwork had been mired in unforeseeable problems, from natural disasters to security threats, and my employer was, unsurprisingly, unhappy that my return had been delayed by many weeks. The urgency of their request to return meant I would have to jump on a plane if I was to meet the deadline; but for me, this was not an option. I have been practising conscientious objection to flying for more than 10 years. My employer has supported me on a “slow trip” in the past. I do not boycott flying altogether, but I will only catch a plane when no other alternative exists.

Gianluca Grimalda, formerly senior researcher at the Kiel Institute for the World Economy, is a social scientist interested in social cohesion and adaptation to climate change

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