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Australian political parties are examining the draft legislation the Labor government unveiled this week to create Safeguard Mechanism Credits (SMCs), however passing it could prove challenging if rhetoric from the Greens Party is anything to go by.

South Korea on Wednesday sold only half the allowances on offer in its monthly CO2 permit auction, amid dwindling buy interest as the market again faces challenges with oversupply.

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Singapore-based voluntary carbon trading platform Air Carbon Exchange (ACX) and US-based offset developer C-Quest Capital (CQC) have teamed up to launch what will be the first-ever auction for carbon credits generated from LED light bulb projects, the two companies jointly announced on Wednesday.

The winners of the Natural History Museum’s prestigious Wildlife Photographer of the Year competition. Karine Aigner’s remarkable image of a buzzing ball of cactus bees spinning over the hot sand on a Texas ranch won the Grand Title award. ‘Wings-whirring, incoming males home in on the ball of buzzing bees that is rolling straight into the picture. The sense of movement and intensity is shown at bee-level magnification and transforms what are little cactus bees into big competitors for a single female,’ said chair of the jury, Rosamund Kidman Cox

• The winners will be on display at the Natural History Museum in London

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Australia’s Clean Energy Finance Corporation (CEFC) has committed A$30 million ($18 mln) to a hybrid sustainable grazing model that it says will generate carbon credits and protect biodiversity and sustainable red meat production.

The PM’s vision of growth is part of the class war that is transferring power from Britain’s poorest people to its richest

As a founder member of the anti-growth coalition, I’m delighted to discover how fast it has, ahem, been growing. From small beginnings on the political margins, our grouping, according to the prime minister, now ranges across most political parties, the trade unions, remainers, media pundits, in fact just about everyone in the UK who isn’t a swivel-eyed neoliberal headbanger.

For many years, a small band of us “voices of decline” and “enemies of enterprise” who “don’t understand aspiration” have been trying to point out that increments in gross domestic product do not equate to increments in happiness. We have argued that no one wins the human race. We have sought to explain that what mainstream economists call progress is what ecologists call planetary ruin. We’ve contended that infinite growth on a finite planet is a recipe for catastrophe. I hope Liz Truss is right to claim that so many people now accept our arguments.

George Monbiot is a Guardian columnist

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Energy boss predictions of a further 35% power price hike have sparked a media frenzy that will test federal energy minister Chris Bowen. Can he stick to the message?

The post Amid power price hike mayhem, Bowen invokes the c-word appeared first on RenewEconomy.

The National Trust, RSPB and Wildlife Trusts say all options are on the table amid a rural revolt.

Australian major Beach Energy says it is assessing green energy options like offshore wind and hydrogen, while boosting gas production and banking on CCS.

The post Beach Energy flags interest in offshore wind, but banks on “sensible” CCS appeared first on RenewEconomy.

A group of stakeholders have launched an Indian carbon market association to help shape the development of domestic emissions trading and contribute to boosting the nations' market capabilities.

Queensland shines in the latest rankings of Australia's best performing big solar projects, taking out the top three spots for September.

The post Chart of the Day: Australia’s best performing solar farms appeared first on RenewEconomy.

Government must lead on home insulation and diet, the environment and climate change committee says.

The Nord Stream gas pipe breaches highlight the vulnerability of undersea pipelines and infrastructure in general, of which Australia has a significant network.

The post How safe is undersea energy infrastructure? Nord Stream leaks highlight dangers appeared first on RenewEconomy.

Australia's energy "crisis" is playing out almost entirely according to the system's design. It's a salient reminder that we need a complete market re-think.

The post A big shock for the electricity market – but is it a crisis? appeared first on RenewEconomy.

Two-time winning kākāpō absent from annual poll amid concerns the parrot may take the spotlight from less charismatic birds

New Zealand’s annual bird of the year competition could usher in another round of controversy, with perennial favourite the kākāpō struck from the ballot after twice winning the competition.

The fat, flightless and nocturnal parrot is the only species to reign twice as New Zealand’s favourite bird, in 2020 and 2008. This year, however, it will be conspicuously absent, amid concerns that its continued dominance could divert the spotlight from less charismatic candidates.

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The Earl Grey Lithium Project – one of largest undeveloped deposits in Australia – is set to add 12MW of solar to deliver about 25% of its energy needs.

The post WA mine switches to solar in race to produce battery-grade lithium appeared first on RenewEconomy.

In what many see as a veiled attack on the billion-dollar plans of Andrew Forrest, Saul Griffith says green hydrogen is too costly, to volatile and not viable for green steel.

The post Griffith warns against “drinking the Kool-Aid” on renewable hydrogen appeared first on RenewEconomy.

Energy Estate and BlueFloat Energy up the capacity of the proposed Hunter Coast offshore wind farm as NSW coal plant retirement dates move forward.

The post Hunter offshore wind project expands as coal closure dates move forward appeared first on RenewEconomy.

Developing countries should be involved in the creation of a climate club which the G7 has pledged to establish by the end of this year, according to a report published by researchers that also underlined the importance of keeping the initiative as a supportive measure for UN-level climate targets.