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Australia may be in the early stages of an energy price shock comparable to the 1973 oil price crisis. What's the problem, and what can consumers and regulators do?

The post Is a 1970s-style energy shock on the cards for Australia? appeared first on RenewEconomy.

More than net zero by 2050, science tells us we need 50% emissions reduction from 2020 to 2030. So, how are we going to achieve these targets?

The post Four urgent next steps on energy policy for Australia’s 31st prime minister appeared first on RenewEconomy.

Solar farm developed by Lightsource BP in Lower Wonga is starting to send small amounts of much needed cheap solar power to Queensland's grid.

The post Another Big Oil solar farm starts sending power to Queensland grid appeared first on RenewEconomy.

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

We can use AI to protect nature and human health. But first, we have to expand AI beyond being entirely human-centred. Ann Borda, Associate Professor, Melbourne Medical School, The University of Melbourne Andreea Molnar, Associate Professor, Swinburne University of Technology Cristina Neesham, Associate Professor of Business Ethics and Corporate Social Responsibility, Newcastle University Prof Patty Kostkova, Professor in Digital Health, Director of UCL Centre of Digital Public Health in Emergencies (dPHE), UCL Licensed as Creative Commons – attribution, no derivatives.

Regulators want more information about planned power station outages, as Australia's ageing fossil fuel generators grapple with a changing grid.

The post Regulators demand more clarity from ageing power stations about expected outages appeared first on RenewEconomy.

California Carbon Allowance (CCA) prices lifted this week both before and after the release of the May WCI auction result, while RGGI Allowance (RGA) values inched down on continued heavy spread trading and before the programme’s own Q2 sale next week.

A bill that would tether California cap-and-trade emitters’ offset usage to WCI allowance supply in the event of future linkages with other jurisdictions passed a full floor vote on Thursday, sending it on to the next legislative chamber.

The Albanese government’s insistence on maintaining a booming coal export industry will hamper Australia’s comeback. Jonathan Pickering, Assistant Professor, Canberra School of Politics, Economics and Society, University of Canberra Licensed as Creative Commons – attribution, no derivatives.

One of the world’s largest social media companies has bought carbon removal offsets from timber used in buildings as it steps up its plans to become negative net-zero emissions by 2030.

The California-Quebec current vintage auction settled at yet another all-time peak during the May sale, with the result coming in on the high end of traders’ expectations, according to results published Thursday.

A new crediting approach for High Forest, Low Deforestation (HFLD) jurisdictions is a credible way of incentivising the avoidance of deforestation in areas anchored by the large areas of intact forest, argue members of the Forests for Life Partnership in response to concerns raised about whether such units are appropriate for use in the CORSIA aviation offsetting mechanism.

Brokerage Vertis is looking for a new head of research after its chief analyst resigned after more than 10 years with the firm.

The role reports into the Deputy CEO and is responsible in leading the Vertis’s Market Research and Analysis team, its strategy, and operations.

It is an almost complete set of "genetic instructions" from people who died when Mount Vesuvius erupted.

Insurance mechanisms are emerging as a way to guard against policy reversal in carbon markets, where some say these products could mitigate the risk of government U-turns or other political risks associated with Paris-aligned emissions trade.

EU carbon prices made moderate gains in thin trade on Thursday morning, as the market again approached technical resistance while the lack of auction supply was seen as supportive.

The tree, in Chile’s Alerce Costero national park, is known as the Great Grandfather and could be more than 5,000 years old

Scientists in Chile believe that a conifer with a four-metre-thick trunk known as the Great Grandfather could be the world’s oldest living tree, beating the current record-holder by more than 600 years.

A new study carried out by Dr Jonathan Barichivich, a Chilean scientist at the Climate and Environmental Sciences Laboratory in Paris, suggests that the tree, a Patagonian cypress, also known as the Alerce Milenario, could be up to 5,484 years old.

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Exclusive: Fears over regulator’s ability to cope with planned expansion as inspections decline

The number of formal reports documenting security issues at the UK’s civil nuclear facilities has hit its highest level in at least 12 years amid a decline in inspections, the Guardian can reveal.

Experts said the news raised concerns about the regulator’s capacity to cope with a planned expansion in the sector.

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Reports handed to EU claim vessels likely to have entered coastal states’ waters where stocks are dwindling

European fishing fleets have been illegally netting tuna from dwindling stocks in the Indian Ocean, according to data presented to EU authorities and analysed by expert groups.

EU purse seine (a type of large net) fishing vessels were present in the waters of Indian Ocean coastal states, where they were likely to have carried out unauthorised catches, and have reported catches in the Chagos archipelago marine protected area and in Mozambique’s exclusive economic zone.

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