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The Science Based Targets initiative (SBTi) will formally consider the use of voluntary carbon credits under its corporate net-zero standard, according to technical papers published Tuesday, with proposals that would allow companies to use units towards climate targets under certain circumstances.

Existing biodiversity credit methodologies largely fail to address uncertainty in measuring biodiversity change, which could result in misleading assessments of nature conservation and restoration projects, researchers have told Carbon Pulse.

BP tilted further away from the energy transition as it published bumper second quarter results, announcing it was scaling back plans for new biofuels projects and investing in Gulf of Mexico oil production, a month after it emerged that it has put further investment in offshore wind projects on pause.

One of Japan's agricultural cooperatives has teamed up with several domestic partners to kick off a comprehensive emissions reduction programme in the hope of driving down emissions from the country's livestock sector.

Researchers call for immediate action to reduce methane emissions and avert dangerous escalation in climate crisis

Global emissions of methane, a powerful planet-heating gas, are “rising rapidly” at the fastest rate in decades, requiring immediate action to help avert a dangerous escalation in the climate crisis, a new study has warned.

Methane emissions are responsible for half of the global heating already experienced, have been climbing significantly since around 2006 and will continue to grow throughout the rest of the 2020s unless new steps are taken to curb this pollution, concludes the new paper. The research is authored by more than a dozen scientists from around the world and published on Tuesday.

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Fortescue signs MoU with the world's biggest shipping company to test the possibilities of using green ammonia as a clean fuel to help transport green iron.

The post Fortescue tests green ammonia market with world’s biggest shipping company appeared first on RenewEconomy.

The Australasian Centre for Corporate Responsibility (ACCR) has pulled out of its advisory role with Australian mining giant Rio Tinto after just a year, with the activist shareholder group saying Tuesday it was the result of revelations Rio “engaged in negative advocacy that undermines a public commitment to an enhanced approach to climate advocacy”.

Why do governments still give billions to encourage fossil fuel production? The answer is often to shore up energy supplies. Bernard Njindan Iyke, Lecturer in Finance, La Trobe University Licensed as Creative Commons – attribution, no derivatives.

Emerging Australian solar recycling outfit Elecsome has inked another promising deal with another big energy market player.

The post Pioneering Australian “solar upcycling” start-up strikes deal with Italian energy giant appeared first on RenewEconomy.

Back in 1999, Forbes magazine ran a piece headlined, Dig more coal -- the PCs are coming. The naysayers are at it again.

The post AI won’t use as much electricity as we are told, and it’s not a reason to slow transition to renewables appeared first on RenewEconomy.

Plans to install an up to 300MW wind farm on grazing and forestry land in central Tasmania are a step closer after winning council planning approval.

The post Wind project wins planning green light after promising to shut down turbines to protect eagles appeared first on RenewEconomy.

A map identifying which parts of Victoria are best suited for future renewables projects shows wind farm “no go zones” introduced more than a decade ago are still in place.

The post Coalition’s wind turbine ban lives on, as VicGrid takes first steps to map new renewable zones appeared first on RenewEconomy.

Report finds 13 member states generated more energy from wind and solar power than coal and gas for first time in 2024

Wind turbines and solar panels have overtaken fossil fuels to generate 30% of the European Union’s electricity in the first half of the year, a report has found.

Power generation from burning coal, oil and gas fell 17% in the first six months of 2024 compared with the same period the year before, according to climate thinktank Ember. It found the continued shift away from polluting fuels has led to a one-third drop in the sector’s emissions since the first half of 2022.

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Who's at fault for high energy bills? The customer, the utility or the system?

The post A tale of two energy bills: Is the market really that broken? appeared first on RenewEconomy.

New report shows an average of 100 million native animals are displaced, injured or killed from land clearing in Queensland and NSW every year, including more than one thousand koalas, mostly for beef farming.

The post An average 100 million native animals killed or injured each year from land clearing, mostly for beef farms appeared first on RenewEconomy.

Although buyer expectations surrounding higher quality carbon removal (CDR) credits have picked up in recent months, the lack of clarity on standards continues to hinder market participation, panellists at a webinar said Monday.

Air New Zealand on Tuesday dropped its 2030 carbon emissions intensity target and announced it is withdrawing from the Science Based Target initiative (SBTi), citing uncertain regulatory support and lack of sustainable aviation fuel (SAF) supply.

The California Senate, led by the Senate president, will pursue programme reauthorisation of the state's cap-and-trade next year, Carbon Pulse has learned.

A research group estimates 13,000 acres (5,300 ha) of a California regulator ARB-approved offset project have burned in Washington state as of Friday, potentially marking the project’s fourth unintentional reversal in its lifetime, as at least four other compliance offset projects burn in California Monday.

RGGI allowances (RGA) skyrocketed to historic highs over the last week, as market participants attributed the rally to ongoing compliance demand and uncertainty around the programme review, noting the market is overvalued, whilst a non-profit suggested earlier and more ambitious budget allowance cuts.