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US company Erthos says it has signed a memorandum of understanding for a 107MW project with a yet-to-be-disclosed US developer.

The post Ultra-low cost “earth mount” solar innovator lines up first 100MW-plus PV project appeared first on RenewEconomy.

Another proxy advisor swings in behind Mike Cannon-Brookes' preferred AGL board nominees, putting renewed pressure on the current chair.

The post Pressure builds on AGL chair as more proxy advisors side with Cannon-Brookes appeared first on RenewEconomy.

Live at the All Energy Conference, Nigel chats with Ric Brazalle from Green Energy Trading.

The post Great Solar Business Podcast: Have we hit peak solar? appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Commonwealth Bank of Australia (CBA) has hired several senior executives to help lead its commodities business, naming a new boss for its carbon trading arm.

Green Alliance lists measures that could cut emissions of gas that has 80 times global heating power of CO2

Methane emissions in the UK could be cut by more than 40% by 2030 with a raft of inexpensive policies, according to an environmental thinktank.

The government has pledged to cut emissions of methane, a greenhouse gas that has more than 80 times the global heating power of CO2, by at least 30% by 2030. The move was trumpeted by Boris Johnson when he was prime minister after the UK joined more than 100 other countries to make the pledge at Cop26 in Glasgow.

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Several forest-related green groups and organisations have teamed up with a carbon trading exchange to urge investors to support credits from projects in regions with high forest coverage and low deforestation (HFLD) levels.

People can seem immune to the news of catastrophic climate breakdown, but that’s a very human response. There is hope

Last Friday the Guardian published a story under the headline “World close to ‘irreversible’ climate breakdown”. This was not a quote from Greta Thunberg or Extinction Rebellion, but the central message from three United Nations agencies.

They found there was “no credible pathway to 1.5C in place” and current pledges for action, even if honoured, would result in global heating of around 2.5C – in other words, a catastrophic climate breakdown, with devastating consequences for societies around the globe.

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New research suggests longer-lived PV modules may be key to reducing the amount of materials and manufacturing needed meet global demand for solar.

The post Longer lasting PV modules promise relief for solar supply chain appeared first on RenewEconomy.

The EU must stop its dash for new gas supplies in Africa and instead focus on providing a just transition to clean energy for all citizens worldwide, more than 100 climate groups and individuals urged in a letter to EU leaders on Wednesday.

BlueFloat and Energy Estate unveil 900MW offshore wind project in New Zealand, the first of 5GW of planned capacity.

The post BlueFloat consortium unveils first 900MW offshore wind farm in New Zealand appeared first on RenewEconomy.

A US-headquartered nature-based project developer is freezing carbon programme enrollment for six months in an attempt to rebalance carbon credit supply with deficient market demand.

People struggling to pay their power bills may never have anticipated experiencing such hardship. It’s time to tackle energy equity head-on. Rohan Best, Senior lecturer, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

Rishi Sunak is coming under growing pressure to do a U-turn on attending the UN climate summit.

At least 29 mln forestry conservation (REDD) credits from 12 projects accredited by Verra over the last eight months could be retroactively backdated with the co-benefit Climate, Community and Biodiversity (CCB) standard, boosting their value, analysts have suggested.

Environment committee chair says crab die-offs in north-east having ‘profound impact on fishing communities’

The chair of the House of Commons environment select committee has called for an urgent investigation into whether dredging around a freeport development in Teesside has caused mass die-offs of crabs on the north-east coast.

In a letter sent on Tuesday, Sir Robert Goodwill told Thérèse Coffey, the environment secretary, his committee had heard evidence that the repeated mass deaths were having a “profound and long-lasting impact … on fishing communities”.

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UN climate talks opening in Egypt this week are unlikely to have the same emphasis on carbon markets as last year's Glasgow summit, but experts expect development on crucial details underlying Article 6 of the Paris Agreement and how it impacts the voluntary carbon market (VCM) and global climate policy. 

The Massachusetts Global Warming Solutions Act (GWSA) cap-and-trade system registered its highest emissions total for a third quarter in four years, making it all but certain that CO2 output will exceed the adjusted 2022 allowance budget for the power sector programme, according to data updated this week.

A veteran European carbon trader has joined a London-based investment firm to establish a trading desk for carbon and power.

Fewer than 2,000 farms have applied to sustainable farming scheme replacing EU system in England

Farmers may miss out on thousands of pounds after government chaos over the post-Brexit nature-friendly farming schemes caused them not to apply.

These schemes were developed to replace the EU’s old subsidy system for farmers, which paid according how much land they managed. The new English system would instead pay for public goods such as improving the environment and enriching biodiversity.

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