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Australia’s carbon offset market was worth A$226 million ($164 mln) in FY2020-21, according to analysts Reputex, as pressure on major corporations to set net zero emission targets helped add 20% to total demand year-on-year.

Carbon was moderately firmer in early Wednesday trading on the back of a strong daily auction, while most European energy markets recovered from Tuesday's declines.

Mayors such as Newham’s Rokhsana Fiaz say they do not have the investment or powers they need

• Retrofitting: why carbon-reducing renovations are going to be big business

The government is failing to provide local leaders with the investment and resources they need to achieve net zero, according to the mayor of Newham.

Rokhsana Fiaz, the first woman to become a directly elected mayor of a London borough, said her council’s “appetite [to achieve net zero] is high: we’ve got the knowhow and we know where the problems are” but, she said, the government isn’t providing local leaders with what they need.

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Trading company Itochu on Wednesday announced it will develop Japan’s first mangrove project in a boost for the country’s fledgling blue carbon market.

Environmentalists call for fisheries to move away from carbon-spewing engines and harmful practices

Half the UK’s fishing fleet is at least 30 years old and uses fuel oil that is particularly polluting, according to a report that examines the outsized impact of British ships on the climate crisis.

UK fisheries are estimated to have emitted 914.4 kilotons of CO2 over a one-year period, equivalent to the annual energy use of more than 110,000 homes, the report by the Marine Conservation Society (MCS), WWF and RSPB says.

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The bittern is a ridiculous looking creature. With bonus bittern sounds!

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BHP and Woodside to merge oil and gas businesses, creating a $41bn giant. It might be good for BHP, but could be a disaster for the climate.

The post Woodside-BHP oil and gas merger “disastrous” for climate, and some shareholders appeared first on RenewEconomy.

The world's largest manufacturer of advanced EV batteries inks deal with ASX-listed miner to source mixed nickel and cobalt from its Queensland project.

The post Battery giant LG inks deal for Australian nickel and cobalt appeared first on RenewEconomy.

Solar industry faces pressure from rising import prices, shipping costs and Covid. But flexible exports offer hope for a smarter future.

The post Solar Insiders Podcast: Flexible exports and PV pricing pressures appeared first on RenewEconomy.

Queensland coal port launches study into renewable hydrogen, eyeing new export opportunities, as state plans new Renewable Energy Zones.

The post Queensland coal port pivots to renewable hydrogen as wind and solar pipeline surges appeared first on RenewEconomy.

Australian-led research breakthrough raises fresh hopes that wave power can play a large-scale and commercially viable role in the global shift to renewables.

The post Australian “dual turbine” wave power breakthrough promises to double efficiency appeared first on RenewEconomy.

Will the boom in big battery storage proposals close the door to vehicle-to-grid technologies even before they get started?

The post Will Torrens Island big battery close the door to vehicle to grid technology in Australia? appeared first on RenewEconomy.

Germany’s revised climate targets mean its exit from coal generation will need to be completed by 2030, eight years earlier than currently planned.

The post Tighter climate targets spell end of German coal by 2030, government figures suggest appeared first on RenewEconomy.

Australian clean energy innovator announces new fundraising round, as orders boom for its modular, rapid-deploying solar solution, called Maverick.

The post 5B seeks new funds as orders for its Maverick solar solution boom appeared first on RenewEconomy.

These phallic, burrowing invertebrates are certainly worth your time as integral and fascinating members — of Australia’s marine ecosystems. Daryl McPhee, Associate Professor of Environmental Science, Bond University Licensed as Creative Commons – attribution, no derivatives.

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A US science institute is on the verge of achieving a longstanding goal in nuclear fusion research.

Andrew Forrest says green hydrogen market could be worth $16 trillion, and says fossil fuel hydrogen backed by Australian government is a "smokescreen".

The post Forrest says green hydrogen market could be worth $16 trillion by 2050 appeared first on RenewEconomy.

Commodity trading house Glencore has hired a veteran environmental products expert in London to help build its growing global carbon trading business, which includes new hires in Asia.

CEFC looking at opportunities in green hydrogen after a year of big grid and big battery investments, and as it looks for "harder to abate" sectors.

The post CEFC readies for big plunge into hydrogen after landmark battery and grid deals appeared first on RenewEconomy.