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Carbon pricing revenues have exceeded $100 billion for the first time, the World Bank said in an annual analysis, though levels continue to fall short of the ambition needed to achieve the Paris Agreement goals.

Around half a million reforestation credits from a project in Kenya are being marketed for sale currently under Article 6.4 of the Paris Agreement as part of a partnership between a new Qatar-based centre and a marketplace to spearhead the auctions of sovereign credits in the run up to 2030.

NSW hopes funding for more hands on deck, including dedicated squads of engineers, will help Transgrid and AEMO to fast-track the connection of big batteries in the state.

The post Big battery connection “squads” to the rescue as NSW scrambles to fill grid reliability gaps appeared first on RenewEconomy.

Prospective partners on Farmer Wants a Wife are asked to give up their lives to support the farm – watching from home, I wonder why they would say yes

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A few episodes into the current season of Farmer Wants a Wife, one of the contestants, Farmer Dean, abandons his uteload of prospective love interests at the gate to walk across the red loam soil to check his watermelon crop. Watching from my couch in Cowra, I had two realisations.

The first was that Dean – who left the season halfway through – was probably a “real” farmer, unlike some the show has put up before. The second was that good farmers make less-than-ideal husbands.

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Report finds nuclear energy more expensive than renewable alternatives and calculates costs for large-scale reactors for first time

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Electricity from nuclear power in Australia would be at least 50% more expensive than solar and wind, according to a report from the CSIRO that has for the first time calculated costs for large-scale reactors.

The federal Coalition, which has claimed nuclear would provide cheap electricity, is still to reveal any details on its nuclear policy after initially promising it would make an announcement in time for last week’s federal budget.

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A London-based marketplace has listed over 25,000 off-site biodiversity net gain (BNG) units at an average price of almost £30,000 ($38,000) each, though demand has been slow.

The Nature Positive Initiative (NPI) has partnered with consultants EY and The Biodiversity Consultancy (TBC) to establish metrics tailored to nature positive claims.

The British government confirmed that it will not carry over any so-called 'surplus' emissions from its 2018-22 carbon budget into the current fourth iteration in a statement Tuesday.

Final GenCost report confirms nuclear too slow and costly for Australia, and integrated renewables remain by far the lowest cost and quickest option.

The post Renewables and storage still cheapest option, nuclear too slow and costly in Australia – CSIRO appeared first on RenewEconomy.

Scientists believe they avoided perils including artillery fire on their way to their traditional breeding ground.

An Italian nature tech firm is poised to release a set of standardised guidelines for a biodiversity framework late this year that will underpin its first certified biodiversity credits in 2025 for the European voluntary market, the company told Carbon Pulse.

The European Cement Association (CEMBUREAU) aims to reduce production emissions 37% by 2030 and by 50% down the value chain, as per an updated net zero roadmap published Tuesday.

One of Japan's leading financial groups is participating in a joint study that explore the potential for utilising domestically produced stablecoins for digital carbon credit payments.

We developed My Climate View to help Australian farmers and producers better understand the risks and opportunities they face over the next 50 years. Road-testing with farmers was vital. Stephen Snow, Research Scientist, CSIRO Aysha Fleming, Senior Research Scientist, CSIRO Yuwan Malakar, Research Scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.

European carbon prices gave back some of the previous session's steep gains in a quiet and relatively illiquid session on Tuesday morning, as energy markets also retreated after Monday's robust increases, while UK permit prices continued to trade around their recent four-month high.

Case alleges French company’s exploitation of fossil fuel contributed to deaths of victims in extreme weather disasters

A criminal case has been filed against the CEO and directors of the French oil company TotalEnergies, alleging its fossil fuel exploitation has contributed to the deaths of victims of climate-fuelled extreme weather disasters.

The case was filed in Paris by eight people harmed by extreme weather, and three NGOs. The plaintiffs believe it to be the first such criminal case filed against the individuals running a major oil company. The public prosecutor who received the file has three months to decide whether to open a judicial investigation or dismiss the complaint.

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Two carbon removal standards focused on biochar have partnered up with the aim of strengthening their certifications to keep pace with the fast-growing sector.

The international voluntary carbon market has seen a priority change in offset project implementation over the past decade, with forest management solutions in developed nations attracting more attention from developers at the expense of REDD+ projects, researchers have found.

Move reflects wider state of politics around active travel – arguing around the margins and doing little to change lives for better

In the six days since a law to prosecute dangerous cyclists was announced, somewhere close to 30 people will have been killed on UK roads, none of them struck by bikes. About 500 more will have suffered serious, potentially life-changing injuries, with pretty much all connected to motor vehicles.

Again, going on the statistical averages, over those same six days, slightly more than 1,600 people across the UK will have died due to illnesses associated with physical inactivity. Riding a bike cuts your likelihood of developing such conditions by about half.

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Australia’s opposition Coalition needs to make its stance on the Safeguard Mechanism clear in order to provide stability and confidence for participants and investors, a conference heard Tuesday.