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A former coal hub, the central Queensland electorate of Flynn, needs government help to train up workers and prepare for a flood of energy transition industries.

The post Australia’s emerging renewables “engine room” needs help to shift from coal appeared first on RenewEconomy.

A coalition of eight European business associations has called on the EU not to limit participation in the bloc’s emissions market, saying that blocking financial institutions from trading EUAs would reduce liquidity, raise the risk of auctions failing and raise costs for industrial companies.

A US-based conservation organisation on Monday announced it has gained funds from President Joe Biden’s administration to help extend the reach of its forest carbon offset programme for small landowners.

Growing fresh produce on the outskirts of a city reduces food miles and increases food security. But the foodbowls next to our our big cities are fast losing their land to urban growth. Nicky Morrison, Professor of Planning and Director of Urban Transformations Research Centre, Western Sydney University Awais Piracha, Associate Professor of Urban Planning, Director Academic Programs, Geography Tourism and Urban Planning, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.

Danish-based initiative seeking to drive a seven fold increase in installed global offshore wind capacity to 380GW - from 57GW - by 2030.

The post Danish-based alliance seeks seven fold boost to offshore wind to 380GW by 2030 appeared first on RenewEconomy.

The world's second largest aircraft leasing firm will start offering its airline customers carbon credits in its leasing contracts and plans an initial $53.3 million investment to source carbon credits from cookstove projects.

Aon on Tuesday announced plans to become the first major insurance provider to partner with a project financier to help de-risk nature-based projects vulnerable to fire and other perils.

California Low Carbon Fuel Standard (LCFS) credit values declined to a five-year low on Monday afternoon before swiftly rebounding, although sell-side pressure continues to influence the clean fuels market.

A dearth of REDD recent-vintage issuance coupled with news of a slight year-on-year increase in offset retirement levels helped push up nature offset prices over the week, although liquidity remained thin.

New York City's plan to rapidly slash emissions from its buildings will not include a cap-and-trade option, even as a study required by the Big Apple’s climate law showed benefits of adopting such a mechanism, according to municipal government documents.

The analysis is based on 489 studies of ant populations spanning every continent where the insects live

The world’s human population is forecast to surpass 8bn in the coming months. Compared with ants, that is a mediocre milestone.

Researchers have made the most thorough assessment to date of the global population of ants and the estimated total is a mind-blowing 20 quadrillion of them, or approximately 2.5 million for every human.

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EU nations are seeking opt-outs to a mandatory revenue cap for non-gas power producers, according to a leaked draft seen by Carbon Pulse on Tuesday, while Bloomberg reported that ministers were still considering alternative ETS auction revenues to fund the RePowerEU plan.

A judge grants an 'extensive' injunction in order to prevent access without permission to HS2 land or disruption taking place to its construction.

US software giant Salesforce launched its Net Zero Marketplace on Tuesday, offering carbon credits vetted by third party ratings agencies while also announcing its inaugural providers and other partners.

Tax fossil fuel companies' profits to pay for the damage done by climate change, says UN Secretary General.

EUA prices shook off the bearish implications of reports the EU is considering boosting near-term allowance sales to post healthy gains on Tuesday morning amid a better-than-average auction result, while energy markets weakened for a third day.

Around $100 trillion will be spent on the global energy transition. Australia is well placed with many of the critical minerals, but it must be more than a quarry.

The post More than a quarry: How Australia can grab share of $100 trillion in new global landscape appeared first on RenewEconomy.

Guangzhou, the capital of China's Guangdong province, has announced a new plan to encourage the development of green finance by incorporating companies' carbon ledgers into existing credit information platforms, a move considered to help improve data integrity and transparency in the sector.

Faltering international collaboration threatens to undermine action to tackle climate change and could delay the achievement of net zero emissions by decades, the International Energy Agency (IEA) warned in a report released on Tuesday.

We cannot simply stand back and hope that the elite will give away their wealth to tackle the climate emergency

Making bold statements about addressing the climate crisis has become de rigueur in the corporate world over the past few years. But this was taken to a whole new level when the founder and owner of the outdoor clothing company Patagonia, Yvon Chouinard, announced that his family was transferring 98% of the company’s stock to a newly created not-for-profit organisation dedicated to combatting climate breakdown.

Chouinard was applauded for “giving away” his company for the planet. He himself claimed that it was “turning capitalism on its head”. The widespread admiration of Chouinard is a telling sign of popular dissatisfaction with the excesses of the global corporate economy and its billionaire bosses. But the question remains: does this giveaway mark any fundamental change to the system?

Carl Rhodes is a professor of organisation studies at the University of Technology in Sydney

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