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Energy and carbon markets have already priced in the drought conditions in Europe, sources told Carbon Pulse, which has drained reservoirs for hydro power, and may soon leave the Rhine impassable for barges transporting coal to Germany.

Energy ministers are poised to put environment back into the national electricity market objective, removing a massive roadblock that has stymied the switch to renewables.

The post Ministers to put environment back into energy market rules in landmark move for renewables appeared first on RenewEconomy.

PPA signs Charter Hall up to a seven-year contract to buy 151GWh of renewable energy a year from Engie – enough to power roughly 26,000 homes.

The post Australian property manager goes 100% renewable with major wind and solar PPA appeared first on RenewEconomy.

Crypto companies must undertake extensive know-your-counterparty (KYC) checks if they wish to tokenise Verra credits in the future, the registry has proposed.

EUA prices forged higher for a third day as the annual August auction supply cut continued to drive the market, while energy prices were flat to slightly higher as traders worried about the outlook for Russian gas supplies amid continued delays in the return of a key pipeline component.

The Indian government on Wednesday introduced to parliament its Energy Conservation (amendment) bill, which seeks to establish a national framework for carbon markets and mandate the use of green and low carbon energy use.

Passing legislation tethers the nation to the fact that moral people have to do what we can to avert the collapse of the planet’s climate

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There have been a lot of bad days for the climate in the Australian parliament. Days that make you rage. Days that make you weep.

That infamous vote in 2009 sinking Kevin Rudd’s carbon pollution reduction scheme. Years of apocalyptic screeching about nonexistent carbon taxes. The repeal of the clean energy scheme. That day when Scott Morrison brandished a lump of coal supplied by the Minerals Council of Australia and told MPs across the chamber not to be scared.

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Results of 10-year project reveal that rewilding areas can boost biodiversity and crop yields

Putting farmland aside for nature does not have a negative effect on food security, a study has found.

A 10-year project by the UK Centre for Ecology and Hydrology revealed that nature-friendly farming methods boost biodiversity without reducing average yields.

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As the climate crisis escalates, oil companies are posting record profits. We must end the expansion of oil, gas and coal and accelerate a fair energy transition

This week, major oil and gas companies reported 11-figure profits in the second quarter. At the same time, inflation has reached 40-year highs around the world and recessions loom. The obscene profits of the fossil fuel industry are jarring when set against the many households currently struggling to afford basic heating, cooling and food needs.

Today, high energy prices are one of the leading factors driving inflation and those prices are getting embedded into every facet of daily life, most obviously at the gas pump but also in delivery costs that affect everything from produce to paper towels.

Tzeporah Berman is the international program director at Stand.earth and the chair of the Fossil Fuel Non-Proliferation Treaty Initiative

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Conservationists find native magnolia for first time since 1925 after original habitat destroyed by deforestation

A conservation team has rediscovered a native magnolia tree in a forest in Haiti for the first time since it was lost to science in 1925.

Boasting pure white flowers and uniquely shaped leaves, the northern Haiti magnolia (Magnolia emarginata) was found originally in the forest of Morne Colombo, which has since been destroyed by deforestation. It was considered endangered and featured on the International Union for Conservation of Nature’s red list of threatened species, and its discovery has sparked new hope for the potential rewilding of Haiti’s forests.

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An upstart crypto group based around crowdfunding mechanisms is seeking to provide carbon offset developers with project pre-funding via vetted buyers.

Federal Labor has pledged to deliver the Murray Darling Basin Plan. But a new report casts serious doubt on that promise. Richard Kingsford, Professor, School of Biological, Earth and Environmental Sciences, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Supplier cites record demand amid extreme dry conditions as reason for ban starting from 12 August

The water supplier for Kent and Sussex has become the latest to announce a hosepipe ban, citing demand this summer breaking “all previous records” amid extreme dry conditions.

In a statement on its website, South East Water said: “This has been a time of extreme weather conditions across the UK. Official figures show this is the driest July on record since 1935 and the period between November 2021 and July 2022 has been the driest eight-month stint since 1976.

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Trading house Mitsui has launched a platform to visualise and estimate lifecycle CO2 emissions on a product level, which it will offer to clients linked to decarbonisation services, such as carbon credit sales.

Singapore has signed another Memorandum of Understanding (MoU) for bilateral collaboration on carbon credits in alignment with Article 6 guidelines, this time with Colombia, Singapore’s Ministry of Trade and Industry has announced.

Some drivers are so enraged they’ve resorted to violence in my home town of Oxford. What has brought on this new barbarism?

It reminds me of the school board controversies in the United States. A small group of furious men, whipped up by the media and opportunist politicians, are seeking to turn quiet, practical attempts to protect local people into full-blown culture wars. The further from reality their beliefs diverge, the readier they are to resort to vandalism and violence.

But this isn’t the US, and it’s not about textbooks. It’s playing out in the streets of Oxford. The angry men have resorted so far to arson, angle grinders and physical attacks on local people. What is the frightful cause of these reactions? The council’s efforts to ensure that through-traffic stays on main roads.

George Monbiot is a Guardian columnist

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For centuries, Pacific Islands have been raided by mining interests with little to show for it. Harnessing their enormous green mineral wealth must be done justly. Nick Bainton, Associate Professor, The University of Queensland Emilka Skrzypek, Senior Policy Fellow, University of St Andrews Licensed as Creative Commons – attribution, no derivatives.

Australian Greens leader Adam Bandt has announced his party will guarantee safe passage of the Labor government’s climate bill through the Senate, including the target to reduce emissions by 43% from 2005 levels by 2030, but has also vowed that the party’s fight to stop new coal and gas projects will go on.

Greens leader Adam Bandt says his party will do its bit to "end the climate wars" by supporting Labor's 2022 Bill. But really, this is just a cease fire.

The post Greens move to “end climate wars,” and mount new battle against fossil fuels appeared first on RenewEconomy.

At this time of year, numbers peak for this amazing insect, which can leap to 20 times its height

One of the delights of a dry summer is the proliferation of grasshoppers – or perhaps we are just more likely to see them. There are 11 native UK species, and about another 20 that have been introduced. One of the most common native species is the meadow grasshopper, Chorthippus parallelus, which has the rare distinction that it cannot fly, relying on its amazing springing power to escape predators. Its back legs can fire it off at three metres a second and 20 times its height. This is the equivalent of a human jumping over a five-storey building.

The name, meadow grasshopper, also describes its chosen home, but they appear in gardens and any suitable habitat. They are generally green with a stripe, but sometimes brown and even purple. Numbers peak at this time of year. The slightly smaller males can be seen rubbing their legs against their useless wings to create a “song” to attract the females, which are up to an inch long. It is a regular, if feeble, whirring sound. After mating, the eggs are laid in the soil in a pod ready to hatch the following spring.

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