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One of China’s biggest logging companies has teamed up with a local trading firm to form a carbon market partnership that includes a platform for transacting forestry-based offsets.

The summit had been repeatedly postponed due to the Covid situation in China

Offset project owners have delivered over half a million new Australian Carbon Credit Units (ACCUs) to the Emission Reduction Fund despite the option to exit their contracts, according to Clean Energy Regulator data, while the government seeks feedback on its biomethane methodology draft.

The ESB's proposed capacity mechanism has very few supporters, even among the main generator lobby group. So why hasn't it been ditched for cheaper, smarter alternatives?

The post Hardly anyone supports the ESB’s capacity market. So why is it still on the table? appeared first on RenewEconomy.

Queensland will increase royalties imposed on coal producers for the first time in a decade, but offered little by way of new clean energy funding.

The post Queensland to lift taxes on coal producers in budget light on clean energy funding appeared first on RenewEconomy.

Five claimants aged 17-31 want their governments to exit the energy charter treaty, which compensates oil and gas firms

Young victims of the climate crisis will on Tuesday launch legal action at Europe’s top human rights court against an energy treaty that protects fossil fuel investors.

Five people, aged between 17 and 31, who have experienced devastating floods, forest fires and hurricanes are bringing a case to the European court of human rights, where they will argue that their governments’ membership of the little-known energy charter treaty (ECT) is a dangerous obstacle to action on the climate crisis. It is the first time that the Strasbourg court will be asked to consider the treaty, a secretive investor court system that enables fossil fuel companies to sue governments for lost profits.

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With his first state budget, NSW treasurer Matt Kean shows green energy technologies and future prosperity will go hand-in-hand.

The post Kean goes deep green with budget that links climate action with future prosperity appeared first on RenewEconomy.

The ESB has looked at only one side of the capacity question. If energy ministers do not support its proposals, then the ESB should be wound up.

The post ESB’s capacity market proposal could cost billions, more than the carbon price appeared first on RenewEconomy.

Paying coal-fired power stations to stay open means consumers will be picking up the cost when they ultimately fail. Tim Nelson, Associate Professor of Economics, Griffith University Joel Gilmore, Associate Professor, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Australia is mourning the loss of a trailblazing climate activist and strategist, who made the case for emergency action more than a decade ago in Climate Code Red.

The post Vale Philip Sutton: Big picture strategist, courageous thinker, climate activist appeared first on RenewEconomy.

Byron Bay based Enova Energy has entered into voluntary administration, the highest profile victim of the fossil fuelled crisis in the National Electricity Market.

The post Australia’s first community-owned energy retailer falls victim to market chaos appeared first on RenewEconomy.

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

Lawmakers from a California Assembly committee on Monday advanced a bill that would bring in more regular reviews of the state's cap-and-trade scheme.

To foster climate politics based on integrity, first we need an honest conversation about the extent to which the fossil fuel industry has captured Australian politics.

The post Australia has a once in a lifetime chance to break stranglehold fossil fuels have on politics appeared first on RenewEconomy.

Construction of a 414MW wind farm in central western NSW to go ahead later this year after signing a PPA with gen-tailer Snowy Hydro.

The post Huge NSW wind project locks in offtake deal with Snowy Hydro appeared first on RenewEconomy.

Since 1995, worldwide agricultural and food trade has more than doubled. It’s never been clearer that eating local produce is a powerful way to take action on climate change. Arunima Malik, Senior Lecturer in Sustainability, University of Sydney Mengyu Li, Postdoc Research Fellow, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Engineers are developing mobile, floating nuclear desalination plants to help solve water shortages.

A Stockholm-based startup building a vertically-integrated web3 platform to finance and sell carbon credits has raised $1.5 million in a pre-seed funding round.

A Canadian former mining company is pivoting into the carbon credit space, with three nature-based projects in the developing world in the early stages of design.

Legislation to create a compliance carbon market in Brazil has been "completely disfigured" to exclude cap-and-trade amid pressure from allies of President Jair Bolsonaro, according to the elected representative who introduced the bill.