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RGGI Allowance (RGA) values rose slightly last week, halting a slide in prices, on expectations that the upcoming release of Q4 emissions data and the March auction will revive trading in an otherwise stagnant market.

Bloomberg New energy Finance says investment in low carbon energy has hit a new high – and for the first time reached parity with capital invested in fossil fuels.

The post Clean energy investment tops $US1 trillion, sits neck and neck with fossil fuels appeared first on RenewEconomy.

Swedish wind power company SeaTwirl has won the right to proceed with testing its floating vertical-axis wind turbine in a fjord off the coast of Norway.

The post Vertical-axis floating offshore wind developer clears legal hurdle for turbine testing appeared first on RenewEconomy.

Sydney-based renewables outfit completes acquisition of its newest small solar farm, the 5MW Faraday Renewable Energy Project in central Victoria.

The post Solar buying spree continues as MPower buys shovel-ready 5MW project appeared first on RenewEconomy.

Spanish energy giant to build four small "agri-solar" farm projects that prioritise benefits to crops and and livestock over solar production.

The post Solar farms that put cow comfort and crop yield ahead of harvesting electrons appeared first on RenewEconomy.

Researchers found that exceeding the 2C increase has a 50% chance of happening by mid-century

The world is on the brink of breaching a critical climate threshold, according to a new study published on Monday, signifying time is running exceedingly short to spare the world the most catastrophic effects of global heating.

Using artificial intelligence to predict warming timelines, researchers at Stanford University and Colorado State University found that 1.5C of warming over industrial levels will probably be crossed in the next decade. The study also shows the Earth is on track to exceed 2C warming,which international scientists identified as a tipping point, with a 50% chance the grave benchmark would be met by mid-century.

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The first biodiversity credits issued by a major standard are rapidly approaching market readiness, as Plan Vivo Foundation looks set to publish its draft biodiversity protocol on Tuesday.

Alaska Governor Mike Dunleavy (R) on Friday introduced a bill package to promote and manage the state’s participation in nature-based offset markets and carbon capture, utilisation, and storage (CCUS) projects, with voluntary credit generation potentially starting in the next several years and totalling several million tonnes over the next decade.

Culling water buffalo is expensive. What if land managers could earn carbon credits for controlling the numbers of these methane-belching animals? Hugh Davies, Research Associate, Charles Darwin University Brett Murphy, Professor, Charles Darwin University Clément Duvert, Senior Research Fellow, Charles Darwin University Georgina Neave, PhD candidate, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

Proponents of mining in space often point to the potential benefits for Earth and its people. But this research casts doubt on many of them. Juliana Segura-Salazar, Research Fellow, The University of Queensland Kathryn Moore, Senior Lecturer in Critical and Green Technology Metals, University of Exeter Licensed as Creative Commons – attribution, no derivatives.

In Newark, hundreds of environmental protesters marched towards Robert Jenrick's office, the local MP, calling on him to vote against the EU retain law bill that put thousands of environmental protection laws at risk. The bill gives ministers the power to abolish an estimated 4,000 laws derived from Brussels by the end of 2023. The deadline has been put in place by Rishi Sunak, who pledged to scrap thousands of EU laws to 'protect Brexit' during his leadership campaign. Cross-party MPs are concerned the deadline is impractical, as hundreds of civil servants would be required to review each piece of legislation. As well as environmental regulations, the EU-derived laws include employment protection and transport regulations

• Cross-party MPs launch fightback against bill to tear up 4,000 EU laws

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Events in 2022 including the Russian invasion of Ukraine and the US Inflation Reduction Act have driven BP on Monday to substantially reduce its annual outlook for emissions out to 2050, with the oil major forecasting that emissions could peak earlier in the 2020s than it had previously suggested.

The current method for estimating UK methane output from offshore oil and gas production "systematically and severely" underestimates emissions, with many other countries also likely to be falling short in their GHG accounting from the sector, according to a study by US-based researchers

The expose of over-crediting REDD+ in national newspapers two weeks ago has continued to cast a shadow over the voluntary carbon market this week, widening a price gap between more sought-after over the counter (OTC) avoided deforestation credits and standardised nature-based contracts.

EU member states will have to increase the number of protected marine areas in their seas by at least 30% by 2030 and prohibit more harmful fishing practices in these areas, a leaked draft European Commission document revealed on Monday.

A high-quality forest carbon market is needed to address climate change, Norway’s government has outlined in response to recent media criticism, making a clear distinction between jurisdictional approaches which they said are strongly preferable to voluntary projects for a number of reasons.

The European Commission aims to launch the first EU-wide auction to support renewable hydrogen in the autumn, according to a leaked draft of its industrial strategy seen by Carbon Pulse on Monday.

*PREMIUM LISTING - With environmental and social actions growing rapidly and attracting growing public and media attention, Verra is looking for a Senior Director or Director of Communications to lead and coordinate the team responsible for effectively communicating Verra’s activities.

*PREMIUM LISTING - With climate action growing rapidly and driving a new wave of investment, Verra is enhancing its team responsible for the development of high-integrity, high-impact carbon markets in order to build responsible demand for Verra’s carbon credits and to support the ongoing growth and development of Verra’s carbon programs.

Carbon credit provider South Pole has parted ways with its head of public affairs, Carbon Pulse has learned, as the company reviews its entire REDD portfolio amid claims of widespread over-crediting of forest protection projects.