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It would cost just $20 billion to purchase the severely endangered areas of the Brazilian Amazon rainforest based on a conservative estimate by the CEO of a carbon offset technology firm in the country, a conference heard on Wednesday.

Traditional carbon market actors are deepening ties in the DeFi world as a veteran developer is partnering with a US crypto firm to develop a “blockchain-first” removals project, while Gold Standard has joined fellow certifier ACR in seeking views on creating digital tokens from their credits.

The current lack of understanding and development of a global carbon removals policy threatens climate goals with experts warning that there remains a lack of strategic thinking, focus on false solutions, and challenges with distinguishing between removals and reductions, ahead of crucial EU CDR policy proposal expected by the end of the year.

Wind output sets a new record peak of 146 per cent of state demand in South Australia.

The post Wind energy hits record peak of 146 per cent of state demand in South Australia appeared first on RenewEconomy.

A carbon credit rating agency has awarded moderate gradings to two projects over the past week, while reaffirming the ratings of one of the nine projects it put 'on watch' last month. 

Map used to flag red all raw sewage releases into bathing waters – but firm now says it factors in ‘impact’

A water company has changed its pollution alert map for the public to stop issuing automatic red alerts after a discharge.

Southern Water attracted public criticism this summer for releasing raw sewage via storm overflows after heavy rain along coastal Kent. Campaigners used social media to widely share the company’s Beachbuoy map, which marks beaches at risk of pollution from raw sewage discharges with a red cross, often revealing that much of the coast has been affected.

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ITM Power, which makes electrolyser machines, says splitting water using renewable energy has become more cost-effective than gas

The war in Ukraine and spike in the price of natural gas have underlined the benefits of switching to “green hydrogen” production as the only “net zero energy gas”, according to the British firm ITM Power.

The Sheffield-based company, which manufactures electrolyser machines that make hydrogen from water, said the energy crisis had shown hydrogen represents a viable alternative to methane gas.

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Former chief scientist and current federal government advisor on low emissions technology says there is no need to include nuclear power in Australia's future energy.

The post No need for nuclear power to reach Australia’s climate goals: Finkel appeared first on RenewEconomy.

EU carbon prices traded either side of Tuesday's settlement in modest volume as the market absorbed European Commission president Ursula von der Leyen's 'State of the EU' speech on Wednesday morning, while energy markets were firmer in response to Commission proposals to address the bloc's energy crisis.

Propelled by strong activity in China, global wind turbine order intake soared to a new record of 43GW in the second quarter of 2022, up an impressive 36% from the second quarter of 2021. New figures published this week by energy analysts Wood Mackenzie showed that not only was the second quarter a record quarter […]

The post Global wind turbine orders head for a record year, led by China and EU appeared first on RenewEconomy.

South Korea’s monthly CO2 permit auction held on Wednesday cleared just 0.6% below the secondary market, with bidding interest declining compared to the previous sale.

The European Commission will stick to its plans to propose a windfall levy on non-gas power generators in an attempt to redistribute what it sees as excess profits among households and businesses grappling with an unprecedented cost-of-living crisis, President Ursula von der Leyen announced on Wednesday.

Issuances for Australian Carbon Credit Units (ACCUs) shot up this week but are still down compared to previous updates, as an energy company voluntarily removed two landfill gas projects from the register.

Concern as heart arrhythmias appear to be triggered even when air pollution within quality limits

Healthy teenagers are more prone to irregular heartbeats after breathing in fine particulate air pollution, according to the first major study of its impact on otherwise healthy young individuals.

The findings have raised concern among researchers because heart arrhythmias, which can increase the risk of heart disease and sudden cardiac death, appear to be triggered even when air pollution is within common air quality limits.

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Japan this week hosted more than 30 governments and organisations at a meeting aiming to launch a new global partnership this year to encourage more nations to participate in international emissions trade and implement Article 6 of the Paris Agreement.

Climate campaigners say pollution from multibillion-dollar clothing company’s production is inconsistent with its ethical branding

The company motto is “Be Human, Be Well, and Be Planet”, a harmonious ideal in line with the yoga world where sports clothing mega-brand lululemon got its start.

“We are deeply connected to ourselves, each other and our planet; each part elevating one another,” the Canada-based company says on its sustainability website.

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The Malaysian state of Sarawak is expected to start trading carbon by next year, a government official told local media Wednesday.

According to another report we are well on our way to 1.5 degrees. Exciting stuff

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Three key power projects get the green light from the NSW government, including parts of the giant interstate Project EnergyConnect and the Waratah Super Battery.

The post NSW waves through critical transmission works and Waratah Super Battery appeared first on RenewEconomy.

Determined fishers are testing their stretches of river for pollution as citizen scientists take on the water companies

If you go down to quiet stretches of river in the UK at the right time of year, you are likely to find people peacefully standing there with a fishing rod, gazing into the sparkling, steady flow, hoping to get a nibble.

Anglers, of which there are at least 2 million in England, go down to their treasured slices of waterway whenever they can to tend them, trimming vegetation, creating wetland spawning habitats, and even painstakingly cleaning the gravel. It sounds like a pretty peaceful pursuit, but when the Guardian went to visit some Angling Trust members at their clubs around Reading, there was palpable anger in the air.

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