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We need a way for our laws to protect both humans and nature when it comes to bushfire risk Phillipa McCormack, Postdoctoral Research Fellow, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.

The ship fires its main engine near the Moon, committing itself to a return to Earth on Sunday.

VER prices edged lower in thin liquidity this week, continuing to bump along at the bottom of a bear market despite bullish signals from a surge in activity in CORSIA-based futures, the signing of a huge jurisdictional REDD contract, and more countries talking about using VERs in compliance markets.

The EU must take action to prevent an exodus of industry triggered by the US Inflation Reduction Act (IRA), European Commission President Ursula von der Leyen said in a speech on the eve of trade talks between the two major powers on Monday.

Snowy 2.0 project - already steeped in controversy - faces further question marks after collapse of one of its two main contractors.

The post Collapse of contractor puts more question marks over giant Snowy 2.0 project appeared first on RenewEconomy.

The first voluntary carbon market designation from the London Stock Exchange Group (LSEG) was announced on Monday, with the company touting transparency and credibility markers to help carbon projects scale.

Under the supervision and guidance of the Forest Monitoring Manager the Forest Carbon Specialist will lead the development and application of carbon co-benefit framework for project-level forest management practices, and a carbon accounting framework for the state of Colorado.

Money is rushing into the CBL GEO futures on the CME exchange ahead of the introduction of the first phase of the airline scheme the standardised contract is based on, although the move also coincides with increasing talk of using these types of carbon credits in national compliance programmes.

Also under fire for sewage discharges and executive pay, company makes first-half profits of almost £500m

Thames Water has reported a boom in first-half profits to almost £500m, despite a surge in the number of burst pipes during the drought across the UK over the summer.

The company, which instituted a hosepipe ban from August to September amid the summer heatwave, said the rise in leakage and supply interruptions due to mains bursting was the result of “hot weather and dry ground”.

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Our farming systems and research programs are built to deal with drought, but recovery from these floods will take years – and cost billions

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I try not to let significant events pass without inserting some reminders for the future, because memory fades.

It is now three weeks after the flood in New South Wales’ Lachlan Valley, and the peak is downstream. I’ve been identifying the high-water marks around our farm and the local roads.

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China’s biggest provincial pilot emissions trading scheme has released its 2022 allocation plan, setting the CO2 cap marginally higher than last year's levels, the Guangdong provincial government said.

EUA prices eased lower early on Monday following a technical downward correction after strong gains late last week, as well as pressure from funds selling Dec-22 futures to shift volumes along the curve, and amid reports of heavy gas demand destruction so far in Q4.

Putting in motion already-proposed plans combined with targeted green energy policies is the route out of the current crisis.

The post Long term fix to fossil fuel crisis is faster switch to renewables, not price caps appeared first on RenewEconomy.

Protests against oil and mining have been planned, as thousands of delegates arrive for UN biodiversity summit

Police in Montreal are bracing for their biggest operation in two decades, as thousands of visitors – including frustrated demonstrators – begin to arrive for the Cop15 global biodiversity summit.

Officials are expecting more than 10,000 people, including scientists and senior bureaucrats, to attend Cop15 in the Canadian city.

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Young birdwatchers Mya and Arjun feel the pressure of climate breakdown and the biodiversity crisis. As two reserved teenagers on the cusp of adulthood, they find comfort in birdwatching while being distant from their peers. Fascinated by migratory patterns, Mya spends her time searching for rare bird species, while Arjun is captivated by the beauty of birdsong. As their passion for nature inspires them to raise awareness of conservation and the climate emergency in their communities, they find themselves and their voices, emerging as local leaders among a new generation of conservationists

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CCUS can play a critical role in India’s decarbonisation efforts but a viable policy framework that prioritises financial and tax incentives across the value chain needs to be put in place to bring it to scale, including via the carbon market, a government think-tank has urged.

Taiwan's legislature is set to pass a revised climate bill by the end of this year, though lack of policy clarity surrounding carbon pricing mechanism could hamper the island's ambitions towards net zero and leaves it unclear to which degree Taiwanese companies can rely on access to the international carbon market, experts told Carbon Pulse.

An Indonesian carbon trading and project developer has raised $4.5 million in seed funding to go towards marketing, project development, and hiring new staff, according to local media.

Biodiversity credits could help break the nature finance logjam if they can avoid some of the pitfalls that have left carbon offsets open to greenwashing accusations, according to a new study by the UNDP and UK-based think-tank IIED.

Over 650 scientists have signed a letter urging world leaders to stop using forests for bioenergy ahead of the upcoming UN COP15 summit on biodiversity in Montreal.