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Oversupply in South Korea’s emissions market for 2021 is likely 5-10% lower than previously estimated as CO2 output rise, but there is still limited upside potential in price movement, analysts said Friday.

The surge in pricing for voluntary emissions reductions (VERs) over the past year has caused voluntary carbon market (VCM) participants to reassess their trading strategies, as buyers alter procurement methods and preferences while developers and intermediaries adjust to dwindling credit supply.

Australia’s minister for energy and emissions reduction, Angus Taylor, has asked the independent Climate Change Authority (CCA) to review the use of international carbon offsets by Australian companies, ahead of the launch of the regional Indo-Pacific Carbon Offset Scheme (IPCOS).

The Shanghai municipal government will hand out almost 4% more carbon permits under its emissions trading scheme this year as some facilities have been added to the market, and said Friday it could add new types of offsets to increase supply if necessary.

Chairs of eight all-party parliamentary groups pledge to support the UK’s green agenda

MPs not fully behind net zero are “a small minority” and the government should stay committed to its goal, a cross-party group of parliamentarians has said.

Chairs of eight all-party parliamentary groups, including on climate change, net zero, clean air and fuel poverty, have written a letter to the Guardian , vowing they will “continue to support and promote ambitious environmental leadership in parliament”.

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Experts may have detected a planet in the habitable zone of a nearly dead star called a white dwarf.

The best thing about recovery plans is nobody pays any attention except for a few greenists and weary scientists

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The painful bites of female march flies can ruin your day at the beach. When we’re not there, they bite wallabies, birds, and even reptiles. David Yeates, Director of the Australian National Insect Collection, CSIRO Keith M. Bayless, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Tasmanian government cancels commercial contract with the company that operates the Basslink undersea cable that links the island state to the mainland grid.

The post Tasmania terminates contract with Basslink, as legal fight continues appeared first on RenewEconomy.

With more coal plants set to close early, the clean energy sector has called on governments to accept the reality of the end of coal.

The post “Stop pretending:” Governments urged to come clean on early coal closures appeared first on RenewEconomy.

How can an organisation tell a good quality carbon offset from a bad one? When should offsetting be used? And what's the best strategical approach?

The post Setting the record straight on carbon offsets appeared first on RenewEconomy.

Electric vehicle stations to be placed every 50 miles along interstate highways to spur adoption of zero-emission cars

The Biden administration has unveiled a plan to award nearly $5bn over five years to build thousands of electric vehicle charging stations.

The nationwide network of electric vehicle charging stations would place new or upgraded ones every 50 miles (80km) along interstate highways as part of the administration’s plan to spur widespread adoption of zero-emission cars.

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Private health insurance company takes Australian operations 100% renewable in a deal to buy certificates generated by Pacific Hydro's portfolio of projects.

The post Bupa goes 100 pct renewable in certificates deal with Pacific Hydro appeared first on RenewEconomy.

AGL says green energy hubs best path to zero emissions, and coal closures, because transmission links can't be built quick enough.

The post AGL says green energy hubs best path to zero carbon grid, transmission too slow appeared first on RenewEconomy.

AGL's plans for nearly 3GW of new renewable and storage capacity includes no solar.

The post No business case for large scale solar PV without long term storage, says AGL appeared first on RenewEconomy.

The koala was not even classified as vulnerable until 2012, but it has seen a rapid decline.

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Morrison government more than doubles its spending on pre-election advertising to convince voters it cares about the climate and clean energy.

The post Morrison boosts “Making Positive Energy” pre-election ad splurge to almost $31 million appeared first on RenewEconomy.

Climate change is putting roads under stress but research is finding ways to make them more durable.

California ruling does not affect wolves in the northern Rocky Mountains of Idaho, Montana and Wyoming

Federal protections for gray wolves were restored across much of the US on Thursday, after their removal in the waning days of the Trump administration exposed the predators to hunting that critics said would undermine their rebound from widespread extermination early last century.

US district judge Jeffrey White in Oakland, California, said the US Fish and Wildlife Service had failed to show wolf populations could be sustained in the midwest and portions of the west without protection under the Endangered Species Act.

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