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Sustained weak industrial demand in the EU is to keep the bloc's compliance carbon prices under pressure during H2 as bearish fundamentals could push EUAs towards "fair value" in the €80-85 range, analysts said in a report published Tuesday.

Carbon credit exchange operator ACX has teamed up with Colombia-based registry EcoRegistry and certifier Cercarbono for the development of the voluntary carbon market, with the aim of facilitating trades and further expanding its supply base.

Catastrophic floods around the world are triggering warnings of the climate crisis intensifying, with communities feeling the effects of July's extreme weather. Torrential rain has flooded homes and caused extensive damage in New York's Hudson valley while in China, thousands of people have been displaced. In Spain, people could be seen clinging to their cars and climbing nearby trees to escape the flood water and in India's northern state of Himachal Pradesh, where fatal landslides blocked about 700 roads, flash floods destroyed a bridge and filled streets with debris

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Companies, financiers, and philanthropists announced a collective $2 billion in investments in energy transition, climate resilience, and nature-based solutions projects in emerging markets at a joint US-UK gathering this week.

European carbon prices rallied after the daily auction on Tuesday as traders strove to keep prices within reach of a key technical level, while energy markets were mixed as fundamentals continue to look weak.

Charity urges government to act amid fears mental health of young people ‘is at breaking point’

Play campaigners in the UK are calling for urgent action at the highest level of government to reduce the danger children face from traffic on residential roads.

Playing Out, a national charity set up to help parents close roads for play, has reported a rise in temporary road closures on residential streets as parents try to help children play outside safely.

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Japan is considering the introduction of more measures to popularise the use of hydrogen in mobility, with relevant policies set to be launched by the end of this year, according to a work-in-progress report released Tuesday by a government ministry.

Six people died and three others were missing after heavy rain triggered floods and landslides in south-west Japan.

The Japan meteorological agency warned residents of Kyushu – one of the country’s four main islands – to stay alert for more landslides, a common hazard in mountainous areas after heavy rainfall.

Japan has been hit by unusually heavy rain and powerful typhoons in recent years, raising fears about its vulnerability to the climate crisis

• ‘Heaviest rain ever’ causes deadly floods and landslides in Japan

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An international consortium developing a massive green hydrogen project in Australia signed an agreement with a Korean power company Tuesday, however the project’s incremental progress highlights the risks that the country is falling behind on its green energy superpower ambitions.

In recent years, Indonesia has slashed the rate of deforestation. That’s why this new crackdown on researchers is so surprising. Bill Laurance, Distinguished Research Professor and Australian Laureate, James Cook University Licensed as Creative Commons – attribution, no derivatives.

Federal climate and energy minister Chris Bowen defends targets as ambitious and achievable, as he prepares to announce Hunter offshore wind zone and roll out capacity mechanism and fuel efficiency standards.

The post Energy Insiders Podcast: Chris Bowen on climate and renewable targets appeared first on RenewEconomy.

Chris Bowen says climate and renewables targets are ambitious but achievable, as he concedes new temperature records show that climate change is a "lived reality."

The post Bowen: We’re playing catch-up, but 82 pct renewables target can be met appeared first on RenewEconomy.

Kepco signs MoU to progress plans to produce up to 3.5 million tonnes of green hydrogen a year from 50GW of wind and solar installed in Western Australia.

The post Korean power giant signs up for 50GW “ultrascale” green hydrogen plan in Australia appeared first on RenewEconomy.

Exclusive: Leaked documents show that as little as 1% of products containing hazardous substances could be prohibited

The European Commission is poised to break a promise to outlaw all but the most essential of Europe’s hazardous chemicals, leaked documents show.

The pledge to “ban the most harmful chemicals in consumer products, allowing their use only where essential” was a flagship component of the European green deal when it was launched in 2020.

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Plans would only supply Britain with fossil fuels for an additional three weeks a year, analysis finds

New oil and gas fields in the North Sea would produce only enough gas to satisfy the UK’s needs for a few weeks a year, with a minimal impact on energy security, analysis has found.

Fields now under consideration would supply at most an additional three weeks of gas a year to the UK, from 2024 to 2050, even if none of the gas was exported.

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A new rapid deploy solar technology has landed in Australia, claiming to offer world's first and only prefabricated solar tracker system.

The post New rival for 5B as “world first” prefab solar tracker system arrives to power WA mine appeared first on RenewEconomy.

WA hatches plan to provide free daytime electricity for hardship customers, much of which will come from excess solar sent to the grid from state's rooftops.

The post WA to use solar duck to give free power to state’s households “doing it tough” appeared first on RenewEconomy.

GridBeyond acquires energy business of California AI software developer Veritone, to bolster its electricity trading, forecasting, and consulting services.

The post GridBeyond boosts its energy management smarts with AI add-on appeared first on RenewEconomy.

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The first rule of Climate Club? Don’t read the fine print

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