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The UK's energy security bill published Wednesday did not mention the country's 2024 coal phaseout date, despite the government in 2021 pledging to close all of its assets over the next two years.

Attractive margins, tight hydro supply, and weak nuclear output, sent European coal generation soaring over H1 2022, driving EU ETS power sector emissions 7% higher year-on-year, with analysts expecting full-year totals to surpass pre-pandemic levels as fundamentals favour burning the black stuff.

The director of nature-based solutions at Toronto-based carbon consultancy ClearBlue Markets is leaving after nine months on the job.

Exchange operator AirCarbon (ACX) on Wednesday announced plans to host an auction for its first VER issuance of a Brazil landfill VCM project.

The GER standardised voluntary carbon contract is being offered to individuals in smaller clips and initially at cost, its backers said on Wednesday, three weeks after launching to corporate buyers.

A 2013 storm toppled the tree that had stood in the Ceiriog valley for 1,200 years – but now it lives on

On a stormy night in April 2013, a resounding crack echoed around a valley in north-east Wales and when day broke a melancholy sight met the eyes of villagers.

The mighty Pontfadog oak, a glorious tree that had stood sentinel over the Ceiriog valley for 1,200 years, had been toppled, and a heap of broken branches, decayed wood, lichens and fungi lying among the spring flowers.

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Parliament backs plan to classify some projects as clean power investments

The European parliament has backed plans to label gas and nuclear energy as “green”, rejecting appeals from Ukraine and climate activists that the proposals are a gift to Vladimir Putin.

One senior MEP said the vote was a “dark day for the climate”, while experts said the EU had set a dangerous precedent for countries to follow.

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EUAs extended their recent losses after an early rally in Wednesday morning trading, as participation in the market continued to dwindle into the summer holiday season, while energy markets ended their recent rally as the outlook for gas supply improved after a Norwegian labour strike was ended.

The European Parliament endorsed on Wednesday controversial EU plans to label some nuclear and natural gas plants as climate-friendly investments.

Oil and gas major Shell has made a final investment decision to build what will be Europe’s largest green hydrogen plant once it becomes operational in 2025, the company announced on Wednesday.

A company that was forced to suspend trading and issuing a new voluntary carbon credit standard last week, just a day after launch, has now resumed service despite continuing to disregard additionality issues in its methodology.  

Japanese-owned forestry firm New Forests on Wednesday launched a programme that will utilise carbon markets and timber sales to incentivise farmers in Tasmania to grow trees.

Biden’s election was billed as heralding a ‘climate presidency’ but congressional and judicial roadblocks mean he has little to show

Joe Biden’s election triggered a global surge in optimism that the climate crisis would, finally, be decisively confronted. But the US supreme court’s decision last week to curtail America’s ability to cut planet-heating emissions has proved the latest blow to a faltering effort by Biden on climate that is now in danger of becoming largely moribund.

The supreme court’s ruling that the US government could not use its existing powers to phase out coal-fired power generation without “clear congressional authorization” quickly ricocheted around the world among those now accustomed to looking on in dismay at America’s seemingly endless stumbles in addressing global heating.

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Construction starts at the massive $3 billion Clarke Creek renewables precinct in Queensland. The Andrew Forrest-backed project could become Australia's largest.

The post Construction starts at Andrew Forrest-backed $3 billion renewable energy precinct appeared first on RenewEconomy.

Dutch organisations are taking action against the airline in first lawsuit of its kind in the industry.

Prime minister Anthony Albanese visits flood-affected areas of Sydney

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As an increasing number of regional and local governments in China seeking to establish forest carbon projects, some districts are experiencing problems with scammers trying to reap the benefits.

The spot price in Queensland did not surge towards the price cap as expected. Did someone have a quiet word, or did technology save the day?

The post Price cap avoided for now: Did someone have a quiet word, or did solar save the day? appeared first on RenewEconomy.

Genex Power announces refinancing move to better profit from its solar generation assets, including the consistently high performing Kidston project.

The post Genex refinances solar farms to help it cash in on high spot market prices appeared first on RenewEconomy.

Officials investigate irregularities in poultry and pig waste exports to Ireland, as ammonia risks turning soil into a ‘wasteland’

Ireland has become a “toilet” for cross-border pollution, say campaigners, as officials investigate allegations around the movement of animal manure from Northern Ireland.

Northern Ireland has the highest stocking density of livestock in the UK, with 25 million poultry birds, and intensive pig numbers at a 10-year high. But the disposal of animal waste and increasing levels of pollution may now halt the expansion of its multi-billion pound export-driven industry.

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