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EUAs rose to their highest in three weeks early on Wednesday, testing key technical resistance levels after a strong auction result, as energy markets erased the previous day's losses.

It is not good to be too pessimistic on the climate crisis. That said, it sure does seem like we’re screwed

If you have cultivated an Edgar Allen Poe-like appreciation for the macabre, there is a certain sort of amusement to be had in watching the developed world deal with the insistent onslaught of climate change. Like many horror stories, this one features a main character full of futile determination to maintain a sense of normalcy even as the ominous signs of doom become ever more impossible to ignore. We can chuckle knowing that the monster is going to come for our designated protectors. We stop chuckling knowing that it’s coming for all of us next.

Related: Wildfire fighters advance against biggest US blaze amid dire warnings

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New Zealand’s beef and lamb lobby on Wednesday called on the government to place a limit on the amount of carbon allowances from forestry can be used in the emissions trading scheme, as a report showed almost 100,000 hectares of farm land had been converted to forests since 2017.

Angus Taylor's second attempt at introducing controversial ARENA regulations narrowly survives an attempt by the Australian Greens to cancel them out.

The post Taylor’s contentious ARENA regulations survive after tied senate vote appeared first on RenewEconomy.

A leading carbon analyst has raised his forecast for EUA prices over the three years to 2024 by an average of 40%, amid a “high chance” that the EU will enact its ambitious EU ETS reform package.

A Welsh minister is to set out plans to tackle a housing shortage and the problem of climate change.

RepuTex’s ACCU spot price assessment grew 4% to $22/t over the fortnight, a new record high, behind increasing corporate and investor activity.

The post ACCU offset price hits record high as voluntary activity grows appeared first on RenewEconomy.

Geelong-based collective puts out feelers to contract 68 gigawatt-hours a year of wind power, preferably from a wind farm in the south-west of Victoria.

The post New Victorian buying group seeks 68GWh of wind power in virtual PPA appeared first on RenewEconomy.

Researchers found 20 areas where the mammal would survive even if grey squirrels colonised all of Britain

Twenty forest strongholds in Scotland would save the red squirrel from extinction even if grey squirrels were to colonise the whole of Britain, according to research.

Since their introduction from North America by Victorian enthusiasts, grey squirrels have pushed red squirrels out of much of the country, with reds outcompeted by the bigger greys and also succumbing to the squirrelpox virus carried by the non-native squirrel.

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Beyond the Burn is a photographic essay to capture the solar farms powering Australia’s clean energy future, and the people behind them.

The post Beyond the Burn: A photographic essay of Australian solar farms appeared first on RenewEconomy.

Masdar is to build a 145MW floating solar plant in Indonesia, which is expected to begin commercial operation by the end of 2022.

The post Masdar to build 145MW floating solar plant in Indonesian reservoir appeared first on RenewEconomy.

The Green Alliance thinktank found more than 450,000 jobs could be created by minimising waste

Reusing and repairing household goods, from washing machines to phones, and recycling throwaway consumer items such as plastic bottles, could create hundreds of thousands of green jobs across the UK, a thinktank has found.

The UK creates thousands of tonnes of unnecessary waste each year, some of which is still exported, because of a failure to value resources and invest in the infrastructure needed to re-purpose manufactured goods.

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NSW solar farm with large contract with Amazon obtains registration and will be in full operation by the end of the year.

The post Amazon contracted solar farm gets registration from AEMO in western NSW appeared first on RenewEconomy.

Long-term targets are an excuse for "procrastination", and even targeting net zero by 2050 will only lock in fossil fuel use, Australian think tank says.

The post Why a net zero target for 2050 is too slow, and a strategy for climate failure appeared first on RenewEconomy.

Prices are rising sharply as climate change and post-lockdown DIY and building projects hit supplies.

We are looking for a motivated, experienced and communicative professional in climate policy and sustainability to expand Bellona’s operations in Belgium and the Netherlands.

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

The Australian wine industry has already been forced to adapt to the effects of climate change. It must reduce its carbon footprint – including emissions generated by wine tourists. Ya-Yen Sun, Senior Lecturer, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

The male anatomy of tuatara, the last representatives of an ancient lineage, is unique among reptiles. They lack a penis, which has made sperm collection a major challenge – until now. Sarah Lamar, PhD Researcher, Te Herenga Waka — Victoria University of Wellington Dr Diane Ormsby, Senior Lecturer, Reproductive and Developmental Biology, Te Herenga Waka — Victoria University of Wellington Jennifer Moore, Associate Professor of Biology and Natural Resources, Grand Valley State University Nicola Jane Nelson, Professor of Conservation Biology, Te Herenga Waka — Victoria University of Wellington Susan N. Keall, Senior Technical Officer - Conservation Ecology, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.

If the price of oil rises further, the firm’s move away from oil and gas output will fuel doubts

• BP raises dividend and unveils share buyback

It’s hard to keep up with oil companies’ dividend policies. One minute they’re slashing payments to shareholders in the face of a pandemic that, supposedly, had permanently lowered the outlook for oil prices. The next they’re saying the coast is clear and divis can rise again.

Shell last week provided a classic example of this stop-start approach when, having cut by two-thirds last year, it announced a 38% increase. BP offered a less chaotic picture on Tuesday but the basic plot was similar. Last year’s halving of the divi was followed by a 4% increase, rather than the previously flagged zero.

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