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A carbon marketplace and a crypto carbon initiative have teamed up in an effort to boost the sale of 'forward' offset credits for mangrove restoration projects.

Conversationists say judgment is one of the most significant in environmental law since the environmental protection act was introduced in 1999

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Conservationists have declared a win in a fight over Tasmania’s takyana/Tarkine rainforest after a judge found the Morrison government had erred in approving preliminary work on a mining waste dam.

Federal court justice Mark Moshinsky found the then environment minister, Sussan Ley, had failed to apply the precautionary principle before allowing drilling and surveying works for a new tailings dam near the town of Rosebery, on the state’s west coast.

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Change to ensure future emissions reduction targets could only be increased follows talks with crossbench and Greens

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The Albanese government has strengthened its signature climate legislation to make it clear future emissions reduction targets can only increase, as well as bolstering transparency about its response to expert advice from the Climate Change Authority.

The adjustments ahead of the introduction of the bill on Wednesday follow negotiations with the crossbench and the Greens and come as the latest Guardian Essential poll shows 50% of respondents want a bill reflecting Labor’s specific election commitments passed by the new parliament to address the climate crisis.

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Germany-based utility RWE, historically EU’s top corporate emitter, reported an 14% rise in its EU ETS-covered lignite power output for H1, it said on Monday in preliminary generation results, production that more-than-outweighed a strong fall in its gas generation amid soaring prices.

Prices for voluntary carbon market (VCM) offsets fell sharply in the second half of last week amid increasing fears of an economic downturn as inflation spiraled higher, Chinese and Indian growth forecasts were cut, and Europe faced the bleak prospect of gas rationing.

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*PREMIUM LISTING - ​Volkswagen ClimatePartner GmbH is a joint venture by Volkswagen Kraftwerk GmbH and ClimatePartner GmbH, aiming to develop and finance quality carbon offset projects. Our projects are proven to save CO2-emissions and are certified under recognized standards.

*PREMIUM LISTING - The GIS and Remote Sensing Technical Lead is responsible for applying best practices driving innovation in GIS and remote sensing for the identification, screening, assessment, development and monitoring of high-quality Nature Based Solutions (NBS) projects and jurisdictional programs globally.

*PREMIUM LISTING - Technical Manager for Nature Based Solutions (NBS) will manage and drive processes to assess and develop forest and blue carbon projects globally.  The Technical Manager will report to the Chief Technical Officer and work alongside our GIS and Remote Sensing Technical Lead to contribute to the development of high-quality NBS projects and jurisdictional programs globally.

Travellers on ‘bucket list adventure’ costing $110,000 will emit 20 times more than poor people do in a year

Disney is marketing a $110,000-a-ticket elite package tour that comes with a carbon price tag of 6.2 tonnes of emissions for each guest – 20 times more than a person in a low-income country accounts for in an entire year.

The 24-day “bucket list adventure”, which is limited to 75 guests, takes in 12 Disney resorts in six countries on three continents. Customers will travel on a “VIP-configured” Boeing 757, accompanied by Disney staff “who [will] provide fun and fact-filled stories enabling you to be immersed in every location you visit”.

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Government report calls for urgent action including removing barriers in waterways and better water quality

Wild salmon stocks are at their lowest on record in England, a government report has found.

Officials said the number of fish was reaching “crisis point” with urgent action required, including removing barriers in waterways and improving water quality.

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Weather balloons rise to 5,184 metres before finding freezing point amid record heatwaves

Switzerland has recorded the freezing point way above its highest summits, smashing a record set 27 years ago, meteorologists have said.

Scientists say human-induced climate change is amplifying the record heatwaves in several parts of the world in recent weeks.

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A British startup has raised £15 million in seed financing for its carbon accounting data engine, aiming to drive companies towards an abatement model from the current accounting and credits approach.

While higher inflation and slower economic growth may have short term temporary negative impacts on carbon credit prices, there are several structural reasons why we believe VCM credits are likely to remain resistant to long-term price declines and are in fact more likely to continue to rise in the medium to long-term, argue Respira's CEO and co-founder Ana Haurie and advisor Joel Krueger.

What started as attacks on women and children, now include the elderly and adult men, officials say.

Hosepipe bans could be brought in and farmers restricted from irrigating crops

The UK is facing the prospect of a drought being declared in August, experts have said, warning of potential crop failures after a period of remarkably dry weather and extreme heat.

Hosepipe bans for households could be brought in across the UK and farmers could be restricted from irrigating their crops if the government implements a drought plan.

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EUAs snapped a five-day losing streak after prices were boosted by a strong daily auction, as trading volumes slipped back to average levels after last week's increase in activity, while energy markets posted gains amid growing concerns over gas supplies ahead of the winter.

Northvolt and Finland's Stora Enso to develop sustainable batteries using wood based products from Nordic forests to keep the supply chain local.

The post Northvolt looks to develop wood-based batteries to keep supply chain local appeared first on RenewEconomy.

A UK-headquartered global investment manager is establishing a Singapore-based subsidiary that plans to run a series of funds investing in nature-based carbon offset projects across Southeast Asia.

Campaigners warn of damage as concessions now cover over a quarter of land on both sides of border

Environmentalists on the island of Ireland say they fear a “new carve-up of the island” over coming decades, with mining concessions now covering more than a quarter of all land on both sides of the border.

More than 25% of the total land area of Northern Ireland is covered by mining concessions, according to government statistics, while the figure for the Irish republic has in the past couple of years been even higher at 27%. The prospecting licences covering these areas grant mining companies permission to survey and assess sites, as well as carry out exploratory work that includes digging tunnels, pits, taking rock samples and carrying out chemical analyses.

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