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EUAs rose to another three-month high early on Tuesday as energy prices continued to set records, with German cal-23 baseload power trading above €500/MWh for the first time amid widespread concerns that Europe may experience blackouts this winter as fuel supplies fall short of demand.

David Black also says most firms are meeting leakage targets despite water shortages in England

The head of the water regulator for England and Wales has defended water companies against criticism over not building new reservoirs despite high levels of executive bonuses and shareholder dividends.

David Black, the chief executive of Ofwat, also said old pipes were not to blame for leaks and that most companies were meeting their leakage targets.

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A carbon credit rating agency has put a high-yielding Verra-certified Indian renewables project on ‘on watch’ for a potential change in its grading after getting new information about the activity.

Malaysia’s Sabah state plans to develop legislation to introduce a carbon market within the next twelve months, according to local media reports.

The government of Guangdong province in China has updated its methodology for carbon sinks from the forestry sector in a a move observers say might signal a potential shift in the regulatory mindset to put more weight on issues like data quality.

The Australian carbon market has seen a drop in spot prices this week, with sentiment and individual transactions driving price movements rather than fundamentals or regulatory news.

Australian scientists have quantified the carbon market opportunity of restoring the ecosystems and landscapes that were damaged during the 2019, 2020 Black Summer bushfires.

Blue carbon ecosystems (BCEs) have significant potential for carbon sequestration globally, but to date this has been untapped due to constraints preventing a bigger role in the rapidly growing carbon market and other financial barriers, according to a study released this week.

Singapore-based voluntary carbon trading platform AirCarbon Exchange (ACX) has teamed up with trade surveillance provider Eventus to monitor market activities in a bid to prevent activities like market manipulation or money laundering.

There are some compelling reasons why US investment giant BlackRock has chosen Australia for its biggest battery play "by some margin."

The post Why BlackRock chose Australia to make its largest big battery play appeared first on RenewEconomy.

The paltry spending means many species severely impacted by the megafires were left in desperate trouble, potentially pushing some closer to extinction. Michelle Ward, Postdoctoral research fellow, The University of Queensland Ayesha Tulloch, ARC Future Fellow, Queensland University of Technology James Watson, Professor, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Lightsource bp says the outlook for solar in Australia is "incredibly strong," as new PPAs help underpin the construction of two more PV projects.

The post Lightsource BP steams ahead on big solar build-out, backed by Orica and Mars appeared first on RenewEconomy.

Denmark's CIP looking to buy into 3GW "Battery of the North" project that will combine wind, solar and pumped hydro.

The post Danish renewables giant looks to buy into 3GW “Battery of the North” project appeared first on RenewEconomy.

Tasmania grants major project status to giga-scale wind farm proposed for Tasmania’s north-east.

The post Massive 1GW-plus wind farm proposal wins Major Project status in Tasmania appeared first on RenewEconomy.

Independent MP Helen Haines on pushing Labor on climate, and taking the lead on community energy.

The post Energy Insiders Podcast: Climate and community independents have their sway appeared first on RenewEconomy.

New report details the parallel step-change in construction activity – and jobs – that will be generated by the “meteoric transformation” of Queensland's energy network.

The post Renewables and hydrogen to create “eye-watering” labour demand, says report appeared first on RenewEconomy.

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The Forest Carbon Accounting Senior Program Officer (SPO) collaborates closely with multiple landscape focal points and the WWF-US Forest team in the design, impact assessment and monitoring, reporting and verification of land-based climate change mitigation interventions in tropical forest countries.

The Climate Warehouse is a market infrastructure institution which aims to mobilise climate action toward the Paris Agreement’s objectives by enhancing transparency and environmental integrity of carbon credit transactions and international carbon markets. We are recruiting an Executive Director, based in Singapore, to lead the work of the Secretariat.

US investment giant BlackRock plans to invest at least $1 billion in big battery projects in Australia after buying out Melbourne-based develoeopr Akaysha.

The post US investment giant BlackRock in $1 billion big battery play in Australia appeared first on RenewEconomy.