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EUAs extended their recent sharp gains to reach a one-month high on Thursday on the back of what was generally acknowledged to be a short squeeze by speculative traders, while energy prices were mixed amid forecasts for higher temperatures and increased wind generation.

Several Japanese companies announced collaborations on Thursday to sign a total of four agreements  to develop CCS value chains in both Japan and the broader Asia-Pacific region, as momentum builds for carbon capture and storage to play a more integral role in meeting the decarbonisation goals of the country’s large industrial emitters.

A wind turbine caught fire at one of the country's oldest wind projects, not for the first time.

The post Wind turbine catches fire in one of Australia’s oldest wind projects appeared first on RenewEconomy.

A 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).

Environment Agency paints bleak picture of coastal regions with eco-systems and people coming under increased pressure

Dredging is likely to increase around the English coast, while pollution and sewage are piling pressure on coastal ecosystems, and an increasing number of people are at risk of coastal flooding, the Environment Agency has warned.

Three-quarters of shellfish waters around England failed to meet “aspirational” standards for environmental protection in 2021, the report by the agency’s chief scientist’s group found.

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About the size of a bus, the space rock will whip over the southern tip of South America.

Where the US leads in using state aid and subsidies, the EU is now following. But the UK will need a change of mindset

Stagnation nation. That’s an apt two-word description of the UK, where after 15 years of sluggish economic performance the prospect is for a shallow recession this year.

Politicians know they have a problem. In the past 13 years, David Cameron, Theresa May, Boris Johnson, Liz Truss and now Rishi Sunak have all proposed different ways of fixing things, none of which have moved the dial that much. Jeremy Hunt says his budget, on 15 March will be all about growth, but don’t hold your breath.

Larry Elliott is the Guardian’s economics editor

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Investors at the London Stock Exchange have launched the Global Investor Commission on Mining 2030 to raise the industry’s sustainability standards across a number of issues, including biodiversity protection.

Case brought under Bern convention on nature may set precedent for destruction of biodiversity in war

Azerbaijan has launched a landmark legal challenge against Armenia for allegedly destroying its environment and biodiversity during nearly three decades of occupation of the disputed Nagorno-Karabakh region.

An international tribunal will consider evidence of widespread environmental destruction during the conflict between the two nations, including deforestation and pollution, and will be asked to order Armenia to pay reparations.

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Conservation charity Fauna & Flora International (FFI) and carbon standard Plan Vivo International (PVI) have released a set of proposed high-integrity standards for the emerging voluntary biodiversity credit market to help guard against greenwashing and low-quality units.

The Indonesian government plans to step up efforts to preserve seagrass and mangroves as part of its climate change policy and to improve the Southeast Asian country’s blue carbon potential, local media has reported.

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

Landowners in England will be rewarded for environmental work as well as for producing food.

Viral videos of minerals with apparent electrical properties are not what they seem.

Farmers will be eligible for funding for up to 280 actions that protect environment under new system

• New farm subsidies regime could be great for nature – if properly funded

Farmers in England will be able to receive government funding for up to 280 different actions that protect the environment, from conserving hedgerows to maintaining peatlands, under a comprehensive overhaul of farming subsidies.

The long-awaited announcement on Thursday shows farmers what will be expected of them if they apply for government incentives called environmental land management schemes (ELMs), worth £2.4bn a year for this parliament.

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A recently agreed target to cap Indonesia’s power sector emissions at 290 million tonnes of CO2 per year by the end of the decade can help the Southeast Asian economy reach its net zero emissions by 2060 goal, but is not ambitious enough to transform its carbon intensive power sector to align with a 1.5C pathway, a think tank report released Thursday has found.

California regulator ARB reduced the number of compliance offsets during the second bi-monthly issuance period of the year, but credits with direct environmental benefits (DEBs) to the state ticked higher, state data published Wednesday showed.

Environmental services firm ClimeCo on Wednesday announced it has acquired a forest carbon developer and modelling firm that will help the US-based company expand its portfolio of overseas nature-based offset projects.

A US-based climate tech firm on Wednesday said it has initially validated a dynamic baseline that ensures REDD+ offsets equate to real emissions reductions, in what the company argues is a possible solution to over-crediting controversies that have reverberated through the voluntary carbon market in recent days.

A proposed scientific name is frenetic random activity periods (FRAPs). In rabbits, these high activity periods are called ‘binkies’. But many cat and dog-owners simply call them ‘zoomies’. Susan Hazel, Associate Professor, School of Animal and Veterinary Science, University of Adelaide Ana Goncalves Costa, PhD student, University of Adelaide Julia Henning, PhD Candidate, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.