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Indonesia has finalised and adopted regulations guiding domestic and international carbon trade, results-based payments, and carbon fees, providing some clarity for global emissions traders that have had voluntary offset issuances disrupted in recent months as the rules were under development.

An outspoken Papua New Guinean governor has argued that the moratorium on REDD+ projects for the voluntary market in the country should remain in place until regulations are properly implemented, noting there is still confusion over who is governing carbon credit projects in the country.

Analysis finds global practice is a major driver of marine ecosystems’ destruction and is estimated to run up to $50bn

Developing countries are losing billions of dollars due to illegal, unreported and unregulated (IUU) fishing, which siphons off revenue through illicit financial flows, according to a new study by the Financial Transparency Coalition (FTC).

The study reveals that the top 10 companies involved in IUU fishing are responsible for nearly a quarter of all reported cases: eight are from China – led by Nasdaq-listed Pingtan Marine Enterprise Ltd – one is from Colombia and another from Spain.

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Before things get totally hysterical over the next few days, let’s talk about what betrayal really looks like

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Let’s start with the obvious. When it comes to soaring energy prices, Labor is in a tight spot.

During the election campaign, and in the months before, Anthony Albanese said Labor’s powering Australia policy would lead to lower power prices. More renewables in the market would reduce household energy bills by $275 by 2025.

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Australia’s Carbon Market Institute (CMI) has broadly welcomed the climate-related elements of the federal Labor government’s first budget that was delivered on Tuesday, but has also stated that uncertainty for carbon market players will remain until key policy decisions are made by Canberra to facilitate greater action on climate change.

After nearly 200 applications, Clean Energy Council announces the successful recipients of the 2022 Chloe Munro Scholarship for Transformational Leadership.

The post Chloe Munro Scholarship recipients announced for 2022 appeared first on RenewEconomy.

Climate crisis report says ‘we are not winning in any sector’ as experts call for urgent action on fossil fuels

Meat consumption should be reduced to the equivalent of about two burgers a week in the developed world, and public transport expanded about six times faster than its current rate, if the world is to avoid the worst ravages of the climate crisis, research has suggested.

Rates of deforestation must also be rapidly reduced, and phasing out coal must happen about six times faster than is currently being managed. Heavy industries such as cement and steel are not moving fast enough in cutting their emissions, and the rapid growth of renewable energy and electric vehicle adoption must be maintained.

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Not a single global sector is on course to decarbonise in time to meet the Paris Agreement's preferred warming target of 1.5C, with many far from close to the required pathway and some heading in the wrong direction entirely, according to a report published Wednesday.

The budget earmarked worthwhile climate measures, but many are piecemeal. Amid record-breaking extreme weather in Australia, federal spending on climate action still falls well short. Timothy Neal, Senior research fellow in the Department of Economics, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

UNSW's Martin Green wins prestigious Millennium Technology prize and says solar is the key for replacing fossil fuels.

The post Sydney solar pioneer Martin Green wins prestigious Millennium Technology prize appeared first on RenewEconomy.

Sun Cable sets up new partnership looking at building a massive “green grid" to transmit renewable electricity across Asia.

The post Sun Cable joins forces to find ways to build a green grid across Asia appeared first on RenewEconomy.

Switching from coal and gas will save a lot of energy. Renewables like wind and solar don’t need to convert heat into motion, so they don’t lose energy.

The post Energy loss is single biggest component of today’s fossil-based electricity system appeared first on RenewEconomy.

US long duration energy storage developer ESS breaks ground on a battery manufacturing facility in Queensland

The post Iron-flow battery maker behind massive US project starts work on Australia factory appeared first on RenewEconomy.

The former chief scientist tasked with chairing the independent review into Australia’s carbon credit market, Professor Ian Chubb, has outlined what he sees as the main themes coming out of the raft of submissions and research his team is pouring over, but told a conference Wednesday it was too soon to say what the specific outcome of the review will be.

Leading medical experts call for action ahead of a major climate conference next month.

This year's climate summit comes amid spiralling energy costs and diplomatic tensions.

Snowy Hydro admits Snowy 2.0 contractors have made claims on costs, but executives still pocket big bonuses for meeting project milestones.

The post Snowy Hydro admits contractors make claims on Snowy 2.0, but gives out bonuses anyway appeared first on RenewEconomy.

Halloween has become yet another consumption ritual – but you can choose to celebrate it sustainably. Olav Muurlink, Associate Professor, Social Innovation, CQUniversity Australia Licensed as Creative Commons – attribution, no derivatives.

H&M, Sainsbury’s and Nestlé are among more than 300 companies urging governments to agree to the pledge at Cop15 in December

More than 300 businesses, including H&M, Sainsbury’s and Nestlé, have urged world leaders to make it mandatory for companies to assess and reveal their impact on nature by 2030.

Businesses and financial institutions in 56 countries – including the UK, Canada and China – are pushing for governments to agree to the disclosures at Cop15, the UN biodiversity conference being held in Montreal this December.

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Reliance on oil and gas worsening climate impacts and compounding food, energy and cost of living crises

The health of the world’s people is at the mercy of a global addiction to fossil fuels, according to a study.

The analysis reports an increase in heat deaths, hunger and infectious disease as the climate crisis intensifies, while governments continue to give more in subsidies to fossil fuels than to the poorer countries experiencing the impacts of global heating.

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