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Verra is a global leader helping to tackle the world’s most intractable environmental and social challenges. As a mission-driven non-profit organization, Verra is committed to helping reduce greenhouse gas emissions, improve livelihoods and protect natural resources across the private and public sectors. 

Weak demand for technology-based voluntary emissions reduction (VERs) credits kept prices pointing to the downside over the past week, while nature-based offsets offered relatively greater resilience, moving sideways or to marginal week-on-week gains.

The probability of one of the next five years surpassing the limit is now 50%, up from 20% in 2020

The year the world breaches for the first time the 1.5C global heating limit set by international governments is fast approaching, a new forecast shows.

The probability of one of the next five years surpassing the limit is now 50%, scientists led by the UK Met Office found. As recently as 2015, there was zero chance of this happening in the following five years. But this surged to 20% in 2020 and 40% in 2021. The global average temperature was 1.1C above pre-industrial levels in 2021.

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Vermont Governor Phil Scott (R) on Friday vetoed a bill that would implement a market-based Clean Heat Standard (CHS), though advocates are confident the Democrat-controlled legislature will override his decision as soon as this week.

France’s biggest lime production plant is set to undertake an industry-first carbon capture project for the EU ETS-covered sector after teaming up with a major fuels provider.

Climate change is the most pressing issue of our time – so what have the Coalition and the Labor party actually promised? Five experts grade different aspects of their climate policies. Jake Whitehead, E-Mobility Research Fellow, The University of Queensland Ian Lowe, Emeritus Professor, School of Science, Griffith University Johanna Nalau, Research Fellow, Climate Adaptation, Griffith University Matt McDonald, Associate Professor of International Relations, The University of Queensland Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.

Senior MEPs have failed to strike an early compromise over how quickly to replace EU ETS free allocation with a carbon border adjustment mechanism (CBAM), with an interim vote likely to favour a more rapid transition even as the European Parliament remains sharply divided. 

A carbon credit ratings agency has assigned ratings to eight more projects, it said in an update on Monday while upholding the ratings of three that had been flagged for review.

EUAs gave up Friday's gains by mid-morning after the daily auction cleared at a significant discount to the prevailing market, while energy markets weakened amid signals from Gazprom that a break in gas supplies could be avoided.

Competition intensified in the voluntary carbon market Monday after the London-based Intercontinental Exchange (ICE) launched its much touted first nature-based carbon credit futures contract as it seeks to pinch market share from rival Chicago-based CME.

The tooth of the world's largest-ever shark could be up to 20 million years old, an expert says.

Global oil giant expected to buy a significant stake in Asia Renewable Energy Hub in the Pilbara, according to reports.

The post Global oil giant poised to buy in to massive Pilbara wind and solar hub appeared first on RenewEconomy.

Analysis: It has already been a very wet autumn in eastern Australia, as weather event drives heavy rainfall

It has already been a very wet autumn in eastern Australia. Now further heavy rain will bring the potential for flooding in the north-east of the country over the next few days.

La Niña has been the main driver behind the wet weather across Australia during what is autumn in the southern hemisphere. During a La Niña event, the sea surface temperatures in the tropical Pacific are colder than normal, meaning that the usual easterly winds across the equator are strengthened. The result of this is that more moisture is fed into north-eastern parts of Australia in particular, with an increase in associated heavy rainfall events.

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The New Zealand government on Monday set out its first three domestic emissions budgets between now and 2035 ahead of the release of its economy-wide Emissions Reduction Plan (ERP) next week, though impact on the ETS cap was unclear while the nation's need to buy credits from abroad remains unchanged.

Angus Taylor makes a rare appearance at a solar energy facility in Adelaide, to open an assembly line at Australia's only solar panel manufacturer.

The post Angus Taylor opens Tindo’s new assembly line in rare visit to solar facility appeared first on RenewEconomy.

Submissions cite likely environmental damage caused by proposed dredging and the threat of a gas explosion in a terminal close to residential areas.

The post Over 2000 submissions to Viva ‘potentially dangerous’ floating LNG terminal appeared first on RenewEconomy.

New Zealand sets carbon dioxide budgets out to 2035, setting the path to its zero carbon target for 2050.

The post New Zealand sets first “stepping stone” carbon budgets on road to net zero appeared first on RenewEconomy.

Analysis of 5,500 apartment developments across Australia found many individual units were far below the average energy ratings for the complex as a whole. Michael Ambrose, Research Team Leader, CSIRO Licensed as Creative Commons – attribution, no derivatives.

Mike Cannon-Brookes takes on AGL, plus Hitachi’s Stephen Sproul on advanced inverters.

The post Energy Insiders Podcast: AGL, MCB and smart inverters appeared first on RenewEconomy.

Meet Zali Steggall: the original 'teal' independent hoping to lead a wave of climate-friendly independents to Canberra.

The post Zali Steggall: The independent MP hoping to lead a ‘teal wave’ to Canberra appeared first on RenewEconomy.