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One of the world's biggest banks will end fossil fuel financing as part of efforts to become "net zero".

In Montreal, progress on biodiversity issues has been slow. We cannot go on like this

Even by the glacial standards of UN biodiversity negotiations, Cop15 has been slow. We have been in Montreal for more than a week and I am flabbergasted at the lack of progress, especially after how important several world leaders said the summit would be.

There is still time to turn it around. But there is no political urgency behind the biodiversity crisis or any desire for transformative change, as far as I can tell. Greta Thunberg’s “blah, blah, blah” criticism of government negotiations on the environment is proving right as things stand, unfortunately.

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The auto giant behind car brands including Jeep, Dodge, and Alfa Romeo, says the corporate PPA will take it to the equivalent of 100 per cent renewables in Michigan by 2026.

The post Car giant Stellantis signs deal for 400MW of new solar in Michigan appeared first on RenewEconomy.

A group of rich industrialised nations will provide Vietnam with $15.5 billion to aid the country's transition away from coal and save an estimated 500 million tonnes of CO2 by 2035, as part of the third Just Energy Transition Partnership (JETP) deal that was agreed on the sidelines of the EU-ASEAN Commemorative Summit on Wednesday.

National park argues attempt by landowner to stop people sleeping overnight could restrict other ‘sedentary pursuits’

Banning wild camping on Dartmoor could also end up affecting birdwatching and rock climbing, lawyers for the national park have said, as a landowner tries to stop people sleeping overnight in the park.

The judge hearing the case, Sir Julian Flaux, the chancellor of the high court, has said he will give a judgment on the case early next year.

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Japan’s Ministry of Economy, Trade, and Industry (METI) on Wednesday proposed to start taxing fossil fuel imports and some other carbon-related activities two years earlier than its previous proposal, as the government continues to work on its plan to gradually roll out a comprehensive carbon pricing system this decade.

The Australian Greens Party has thrown its support behind the government’s energy price control legislation, in exchange for an electrification package it says will accelerate the country’s decarbonisation efforts.

An industry association for China’s iron and steel sector has released a set of draft requirements for emissions accounting and reporting,  as the ETS-destined industry is gearing up for its participation in the national carbon market.

Only four companies participated at Wednesday’s monthly KAU auction, with the clearing price dropping to a record low as traders await clarity on when the Korean carbon market will be aligned with the nation’s increased ambition under the Paris Agreement.

A group of 150 financial institutions with more than $24 trillion in assets under management on Tuesday called for delegates at COP15 in Montreal to secure an ambitious Global Biodiversity Framework for the post-2020 period, with clear targets to halt and reverse nature loss.

EU legislators reached a provisional deal early Wednesday on the REPowerEU package to accelerate the bloc's exit from Russian fossil fuels, agreeing that the €20 billion tranche financed from ETS auctions will come from a mix of the Innovation Fund and frontloaded member state-designated allowances but also involving an intervention with the supply-balancing MSR, according to two senior MEPs including Peter Liese.

Exclusive: In her first interview since being released from prison, Coco recalls how bushfires three years ago sparked her epiphany

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Deanna “Violet” Coco never imagined that she would end up in jail.

Three years ago Coco was an entrepreneur, living in Sydney and running an events management business. She had “never considered” engaging in the kind of protest which currently sees her facing a maximum of 15 months in prison.

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South Korea should use its influence as a global maritime leader to accelerate decarbonisation of the sector with a raft of policy measures that include expanding the scope of its own emissions trading scheme to include shipping, a joint report from two green policy think-tanks released on Wednesday said.

Independent energy retailer Amber acquires Australia’s number one rated energy monitoring app, Powerpal, in a deal worth $9.5 million.

The post Smart solar retailer Amber buys energy monitoring app Powerpal appeared first on RenewEconomy.

WA grid hits new record of 84 per cent renewables share on Monday, mostly from rooftop solar.

The post “Epic stuff:” Renewables reach 84 pct share of world’s biggest isolated grid appeared first on RenewEconomy.

Labor strikes deal to develop "significant" home electrification package with Greens in return for support for its move to cap coal and gas prices.

The post Greens support gas price cap with deal to help people get off gas appeared first on RenewEconomy.

A global carbon exchange traded fund (ETF) began trading on Australia’s local bourse Wednesday, part of larger trend of companies wanting to track allowance prices in the world’s emissions trading schemes.

As Europe edges closer to implementing a carbon border adjustment mechanism, the risk to Australia of being edged out of some major export markets becomes more real.

The post Fossil Australia at risk of “domino effect” as EU moves ahead on carbon border tax appeared first on RenewEconomy.

A new paper explores how a carefully controlled fuel reduction burn killed 17 critically endangered western ringtail possums. Philip Zylstra, Adjunct Associate Professor at Curtin University, Research Associate at University of New South Wales, Curtin University Licensed as Creative Commons – attribution, no derivatives.

Researchers say previous studies mistook the organs on female snakes as scent glands or under-developed versions of penises

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Female snakes have clitorises, scientists have detailed for the first time in a study of the animal’s sex organs.

The scientists say previous research had mistaken the organs as scent glands or underdeveloped versions of penises, in a study that criticised the comparatively limited research into female sex organs.

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