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Pension fund Scottish Widows this week rolled out four new funds totalling £1.4 billion that will invest in companies seeking to help resolve nature and climate change issues.

The Australian Parliament on Thursday passed the strengthened Safeguard Mechanism, providing policy certainty to the country’s industrial sector and carbon market, however experts have emphasised the government's work to achieve its climate goals have only just begun.

UK tops all league tables for highly polluting form of travel, with a flight taking off every six minutes last year

The UK is the private jet capital of Europe, with more flights than anywhere else on the continent, analysis has found.

Last year, a private jet set off from the UK once every six minutes, putting the country ahead of the rest of Europe when it comes to the extremely polluting form of travel. Many of these journeys have been called “polluting and pointless” by Greenpeace, as they are so short they could have easily been taken by train – and in one case, cycled in 30 minutes.

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A daily summary of our news plus bite-sized updates from around the world.

When we stopped whaling, the whales recovered. But our vital kelp forests won’t return without our help Aaron Eger, Postdoctoral research fellow, UNSW Sydney Adriana Vergés, Professor in marine ecology, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Global energy technology giant unveils its newest offering, to transform the way transmission and distribution networks operate on increasingly renewable grids.

The post Fluence targets transmission transition with grid stabilising battery Ultrastack appeared first on RenewEconomy.

European aerospace firm wins grant funding to design and test hydrogen-propelled jets capable of supersonic flight, including Sydney to Frankfurt in 4h 15m.

The post New funds to test hydrogen jet that could fly from Australia to Europe in four hours appeared first on RenewEconomy.

Melting ice could trigger a disastrous chain reaction, a new Australian study warns

The solar, battery and electrification giant – which set up shop in Australia last year – will make its own panels in Germany. Why not in Australia, too?

The post 1komma5° unveils plan to make its own solar in Germany. Could Australia be next? appeared first on RenewEconomy.

Reliability panel looks to change the definition of risk to take account of changing supply (wind and solar), changing weather, and political capital.

The post Reliability standard may be changed to cope with wind, solar and nervous ministers appeared first on RenewEconomy.

Experts discussed the importance of accurate carbon accounting to restore integrity to voluntary carbon markets (VCM) and prevent murky net zero claims, a webinar heard on Wednesday.

The blaze raced through Khao Laem National Park on Wednesday night.

The revised safeguard mechanism could form the basis of an economy-wide carbon price. Frank Jotzo, Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Ministers say the UK should have Europe's cheapest electricity by 2050, but critics call plans a "rehash".

Changes to the safeguard mechanism take us a step closer to net zero by 2050 – the goal consecutive governments have signed up to

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At some stage, policies that governments put forward to reduce emissions need to do exactly what they say on the tin.

This week’s deal between Labor and the Greens to improve a policy covering Australia’s biggest polluters does, finally, achieve that.

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The ICE exchange has delayed its first carbon credit auction, postponing the sale of 500,000 reforestation units on the eve of the sale, the bourse said late Wednesday.

Evidence that drought cut late-summer hatchings raises fears that delayed effect of caterpillar die-off will be seen this year

The heat and drought of last summer caused British butterfly populations to crash later in the year, according to a new study.

Common butterfly species including the brimstone, small tortoiseshell, peacock, green-veined white and small white appeared in good or average numbers during the spring and early summer of 2022 but numbers in subsequent late-summer generations were greatly reduced.

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An Oregon-based forestry offset project registered under California’s cap-and-trade programme will be cancelled after a wildfire caused a significant reversal in carbon stocks, according to a verifier report.

The Integrity Council for the Voluntary Carbon Market (IC-VCM) on Thursday published its core carbon principles, programme assessment framework, and list of additional attributes, as it moves closer in establishing its stamp of quality assurance in the market.

The UK is set to unveil major support for front-running CCUS and green hydrogen projects later on Thursday, as well as launching a consultation on how ETS-covered companies can be better protected against carbon leakage.