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With the June options contract expiry just two days away, European carbon prices appeared to find a level with sellers' efforts to drive prices lower running in to more robust buying interest, leaving EUAs lagging behind a steeper drop in natural gas and confirming that the correlation between the two has temporarily been broken.

EU environment ministers agreed on Monday to green-light a regulation that aims to restore natural habitats, ending a year-long legislative back-and-forth in what campaigners hailed as an "historic step" in the fight against the biodiversity and climate crises.

David Littleproud claims Australia doesn’t need ‘large-scale industrial windfarms’ like the planned offshore zone south of Sydney

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David Littleproud has claimed Australia doesn’t need “large-scale industrial windfarms” like the planned offshore zone south of Sydney, adding the Coalition will “cap” federal government investment into renewable energy if elected.

The Nationals leader visited Wollongong on Monday, where he promised the opposition would instead offer a “calm” and “methodical” energy pathway to net zero by 2050.

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China and Australia have signed an updated Memorandum of Understanding (MoU) to cooperate more closely on climate change and energy, the two countries announced Monday.

A radical mindset change in how companies address their dependencies on nature is key to ensuring biodiversity credits emerge as an effective solution to tackle ecosystem and species loss, the founder of Germany-based tech startup Landbanking Group told Carbon Pulse.

New Zealand market participants have all but written off any chance Wednesday’s government NZU auction will clear due to the secondary market trading at prices below the auction price floor amid ongoing regulatory uncertainty.

Telstra will no longer buy carbon credits and instead invest directly in decarbonisation, a move Andrew Macintosh says others should consider.

The post Telstra dumps offsets and “carbon neutral” claims: Whistleblower says others should do the same appeared first on RenewEconomy.

Beavers’ dams have created more places for water voles to hide from predators and hopefully flourish, say experts

Beavers reintroduced to a Scottish rainforest 15 years ago may have created the right habitat for the area’s endangered water voles to flourish.

The voles, once abundant in Scotland but now one of the country’s most threatened native animals, could thrive in the “complex boundary between water and land” that beavers have created in Knapdale in Argyll and Bute since their reintroduction there in 2009.

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If Australia is to achieve net-zero emissions by 2050, the Coalition needs to stump up with a plan to decarbonise the entire economy. Tony Wood, Program Director, Energy, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.

Massless batteries may allow wind turbines to store their own excess energy in blades, or make battery-powered planes a reality.

The post Swedish startup promises “massless” carbon fibre battery for wind blades, EVs and aircraft appeared first on RenewEconomy.

Latest levelised cost of energy report from US investment firm Lazard finds large-scale solar and wind significantly cheaper than coal and gas. Nuclear, meanwhile, just keeps getting more expensive.

The post Wind and solar power half the cost of coal and gas, one-third the cost of nuclear, says Lazard appeared first on RenewEconomy.

The government’s priorities are shifting towards adaptation to protect communities, jobs and industries. But the longer we wait to cut emissions, the more the costs of climate change will compound. Nathan Cooper, Associate Professor of Law, University of Waikato Licensed as Creative Commons – attribution, no derivatives.

While political priorities may shift following the 2024 European elections, the science remains clear: Europe must maintain momentum towards achieving its climate objectives, the EU’s scientific advisors said in a note to newly-elected MEPs on Monday.

New Zealand emissions trading scheme observers have raised concerns with the government’s consultation process on its controls and settings, saying the lack of detail on key points makes it difficult to understand the coalition’s intentions. 

Genex gets FIRB approval for the bid by J-Power, and lodges an EPBC application for its big Kidston wind farm.

The post Japanese energy giant gets FIRB tick for Genex bid, lays out plans for big wind project appeared first on RenewEconomy.

Nature-based solutions (NBS) are being increasingly adopted to address urban environmental challenges in cities across the Global South, but significant obstacles remain, particularly in the areas of policy alignment and community participation.

Taking more carbon dioxide out of the atmosphere by stashing it in the ocean seems like a good idea, but it could backfire if tiny marine animals called zooplankton get extra hungry. Tyler Rohr, Lecturer in Southern Ocean Biogeochemical Modelling, IMAS, University of Tasmania Ali Mashayek, Professor, University of Cambridge Sophie Meyjes, PhD Candidate, University of Cambridge Licensed as Creative Commons – attribution, no derivatives.

Britain may be chilly, but from Greece to India, people are dying due to record temperatures. The death toll will grow without urgent action

While Britons don jumpers and complain about the unseasonable cold, much of the world has been reeling due to excessive temperatures. India has been in the grip of its longest heatwave in recorded history, with thermometers hitting 50C in some places. Greece closed the Acropolis in the afternoon last week as temperatures hit 43C; never has it seen a heatwave so early in the year. Soaring temperatures in the Sahel and western Africa saw mortuaries in Mali reportedly running short of space this spring, while swathes of Asia suffered in May.

Mexico and the south-west of the US have also endured blistering conditions; it was particularly shocking to hear Donald Trump pledge again to “drill, baby, drill” at a rally that saw supporters taken to hospital with heat exhaustion. These bouts of extreme weather are increasing as the climate crisis worsens. Although the El Niño weather pattern contributed to heatwaves over the last 12 months, they are becoming more frequent, extreme and prolonged thanks to global heating. By 2040, almost half the world’s inhabitants are likely to experience major heatwaves, 12 times more than the historic average.

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You don’t have to wear a floral wreath or take milk baths to adhere to a modern goddess philosophy

• Making sense of it is a column about spirituality and how it can be used to navigate everyday life

When I am on deadline, nothing yet defrosted for dinner, and the washing is hanging on the clothesline in the rain, I find it hard to connect to my inner goddess. If I turn to the internet for advice, I’m presented with yet another to-do list.

To embrace my goddess self, I must love myself, eat healthy, exercise, take a milk bath, wear flattering-yet-practical clothes, adorn my hair with floral wreathes and fix its frizziness with an avocado. I must use “natural looking” makeup, maintain a healthy skincare regimen, always be kind yet assertive, lead by inspiring …

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Meteorologists warn that heat will spread east through the week, with ‘heat dome’ expected to trap high temperatures

Millions of Americans are facing “dangerously hot conditions”, the National Weather Service said, with a heatwave set to hit the midwest and north-east US from Monday.

Michigan, Ohio and western Pennsylvania were all under heat warnings starting Monday, with alerts in place until Friday evening. Meteorologists warned that the heat will spread east through the week, with a “heat dome” expected to trap high temperatures across New York, Washington DC and Boston.

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