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The newly-minted Canadian Clean Fuel Regulations (CFR) are in danger of not living up to their GHG abatement potential and continuing to incentivise fossil fuel production, while expectations for credit supply from CCS projects and overall prices remain uncertain, according to low-carbon transportation groups, analysts, and market participants.

The summer holidays are over. Carbon traders had a fun August in which EUA prices went up €22 and then went back down €22, but now the grown-ups are back from the beach and stuff's getting real, writes Alessandro Vitelli.

Ukraine's president accused Russia of 'radiation blackmail' after shelling near the Zaporizhzhia nuclear power plant. 'They want you to show weakness, to give up and stop supporting Ukraine,' said Zelenskiy in an address to Ambrosetti International Economic Forum in Italy on Friday. 

An IAEA inspection team finally reached the Russian-controlled nuclear power plant on Thursday. 'It is obvious that the plant and physical integrity of the plant have been violated several times,' said the chief inspector, Rafael Grossi, in brief comments to reporters after his team took a preliminary look at the plant's condition. 

Energoatom, Ukraine's nuclear energy agency however, said the IAEA was not shown certain areas of the site on Telegram. Energoatom accused Russia of giving a limited tour of the plant to undermine the IAEA's ability to get a grip on the 'facts on the ground'

• Physical integrity of Zaporizhzhia plant ‘violated’, says UN nuclear chief
• Russia-Ukraine war: Russia says gas pipeline suspended indefinitely; G7 nations agree price cap for Russian oil – live

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The successful reintroduction of these charismatic, industrious rodents proves that restoring ecosystems is possible

“Merely a trifle! Merely a trifle! And it isn’t really finished!” says CS Lewis’s Mr Beaver when Susan, in The Lion, the Witch and the Wardrobe, compliments his dam. In icy Narnia, the Beavers come to the children’s rescue after their friend Mr Tumnus is captured. They are ingenious, energetic, helpful to humans – in other words, not entirely dissimilar from how conservationists might describe them (with the exception of Lewis’s thoroughly old-fashioned view of gender roles: while Mr Beaver is the couple’s builder, Mrs Beaver is a seamstress).

Beavers were hunted to extinction across much of Europe hundreds of years ago. When The Lion, the Witch and the Wardrobe was published in 1950 they were, although not mythical creatures, partly imaginary ones in the sense that vanishingly few Britons had ever seen one. It is no wonder, given how warmly their memory lived on in books such as Lewis’s, that their successful reintroduction to England and Scotland is widely if not universally regarded as good news.

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Germany is set to extend the lives of two nuclear power plants beyond this year based on results of soon-to-be-published security of supply tests, according to domestic media outlets, a move that would further ease pressure on energy supplies as mandatory demand cuts start to bite.

Pakistan's geography - and its immense glaciers - make it vulnerable to climate change.

The UK government has awarded £3.3 million in funding to research the next generation of cutting edge nuclear reactors, a day after outgoing Prime Minister Boris Johnson pledged a “Great British nuclear campaign” that will see eight new plants built.

Protesters tweet photo showing three members in front of Speaker’s seat as two others hold up signs

Climate activists have superglued themselves in a chain around the Speaker’s chair in the House of Commons chamber.

Extinction Rebellion said its supporters launched the protest in parliament in support of a “citizens’ assembly” to help deliver action on the climate crisis.

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Exclusive: conservationists hail government-backed projects led by farmers and landowners to revive biodiversity

Ambitious schemes by farmers and landowners to restore nature and reduce flooding while still producing food will be supported by the government in 22 locations across England.

The landscape recovery scheme is being hailed by land managers and conservationists as the most “exciting and important” step in a generation to restore lost biodiversity.

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European carbon prices erased gains made late on Thursday and resumed their gradual decline amid steady selling, as energy prices also dropped away amid reports that the Nord Stream 1 pipeline will resume deliveries to Europe on Saturday after completing a short maintenance turnaround.

New paper issues ‘warning to humanity’ as it calls for urgent action to protect world’s 60,000 tree species

Scientists have issued an urgent “warning to humanity” about the global impact of tree extinctions.

A new paper predicts severe consequences for people, wildlife and the planet’s ecosystems if the widespread loss of trees continues. “Last year, we published the State of the World’s Trees report, where we showed at least 17,500 tree species, about a third of the world’s 60,000 tree species, are at risk of extinction,” said Malin Rivers, lead author of the paper and head of conservation prioritisation at Botanic Gardens Conservation International (BGCI). “Now we want to highlight why it matters that so many tree species are going extinct.

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Aid projects in DRC and Zimbabwe encourage rural inhabitants to eat insects rich in vitamins and minerals

UK aid spending is encouraging hunger-stricken Africans to eat insects, with projects aiming to develop the practice in the Democratic Republic of the Congo and Zimbabwe.

Edible insects have long been touted as a resource-efficient source of protein, requiring less land and water than conventional livestock. However, taste and cultural resistance have proved to be stumbling blocks in extending the practice in many parts of the world.

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The number of newly minted Australian Carbon Credit Units (ACCUs) rose again this week with Terra Carbon and EDL LFG securing most of the new volume, while spot market prices for Australian offsets barely budged during the period.

Experts warn drop from 100,000 samples in 2012 to 41,519 last year means huge risk to water quality

Testing of rivers in England has fallen dramatically in the past 10 years, with experts warning it leaves a vacuum of knowledge about the effects of pollution.

Environment Agency data shows its river testing has fallen from nearly 100,000 samples a year in 2012 to 41,519 in 2021 – the lowest level of sampling in 20 years apart from the drop-off during Covid in 2020.

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Chinese carbon allowance prices barely changed over the past week despite a slight rebound in trading volume, as the ongoing lack of policy direction continues to leave the market drifting.

Vegan protesters aim to block supermarkets this month and stop millions of people from buying milk

Vegan activists have vowed to cause massive disruption to the UK’s milk supplies this month, as they demand the government supports a transition to a “plant-based food system” and rewild land used for animal pasture.

Animal Rebellion, an offshoot of Extinction Rebellion that focuses on the environmental harms of animal agriculture, claims it has hundreds of supporters willing to be arrested and go to prison for taking direct action.

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The best of this week’s wildlife pictures, including preening flamingos, a jackal cub and a kelp forest

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The New South Wales (NSW) state government in Australia has launched a five-year blue carbon strategy to unlock investment through carbon credits and other mechanisms to protect and restore the state’s coastal biodiversity and ecosystems and contribute to its emissions reduction targets.

While France and Germany have introduced bans, Britain continues to slaughter 29 million unwanted chicks every year

UK retailers are blocking moves to end the killing of millions of day-old male chicks each year, farmers and breeding companies have said.

The industrial-scale culling of unwanted chicks is common practice around the world, with 330 million males slaughtered by crushing or gassing each year in Europe, according to campaigners, 29 million of those in the UK.

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Elysian Energy, which had 7,500 customers across Victoria and the other NEM states, becomes latest casualty of Australia's energy market crisis.

The post “Honeymoon over” as another small “solar friendly” retailer succumbs to energy chaos appeared first on RenewEconomy.