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A Chinese dairy giant has become the first company in the industry to release its nature-related information disclosure on risks and impacts based on the Taskforce on Nature-related Financial Disclosures (TNFD) guidelines, the firm announced Thursday.

Shell unveiled Thursday better than-expected profits of $7.7 billion in the first quarter, and announced it would buy back $3.5 bln worth of shares over the next three months, as it sought to ward off a showdown with investors over its Scope 3 emissions.

Controversy continues to surround the Rimba Raya Biodiversity Reserve project after Verra was unable to comment on a mismatch in the project boundary and forestry licence area, which was reportedly cited by the Indonesian government as a reason for cancelling the contract of the concession holder for the giant REDD+ project.

The UK’s lead negotiator on Article 6 carbon markets negotiations has said that key aspects of the negotiations have changed in the months since parties failed to reach an agreement last December at COP28 in Dubai.

US corporations Delta Air Lines and Chevron are among the companies purchasing low percentages of carbon credits associated with stronger biodiversity scores, according to a study that relies on a new metric.

Carbon capture technologies offered by foreign companies are prohibitively expensive, however, the use of domestic technologies can help Indian companies bring down the costs of decarbonisation drastically, an official told a webinar Thursday.

Solar farms continue to face economic and network challenges. Curtailment for wind generation last year was slightly less severe.

The post The wind and solar regions hit hardest by network and economic curtailment appeared first on RenewEconomy.

Investor interest in nature has ramped up in this year’s voting season, boosted by some of the first calls for standard-aligned biodiversity disclosures, with financiers hailing a surge in awareness despite more corporate resistance.

A European climate tech investor, specialising in decarbonising agriculture, has added 300,000 hectares of farmland in western and central Ukraine to its carbon programme, which will then be certified for voluntary soil-based credits from more sustainable practices.

Neoen says five new big battery projects will help deliver more "baseload renewables" contracts, but is coy about details of latest tender win for a giant four hour battery in W.A.

The post Neoen sees more “baseload renewable” contracts as it rolls out five new big battery projects appeared first on RenewEconomy.

European carbon prices jumped sharply on Thursday morning, following a leap in natural gas prices, as speculative traders were said to be further reducing their short positions in carbon after Wednesday's Commitment of Traders data showed investment funds had trimmed their overall bearish bets for a third week in a row.

Rivers Trust is asking citizen scientists to record observations of local waterways on free app

People in Britain and Ireland are being asked to monitor their local rivers for pollution so a leading water charity can measure the scale of the sewage crisis.

The Rivers Trust is this week launching the Big River Watch, asking people to record observations of their local rivers on a free app. The results will be made available through an interactive dashboard, and will help the organisation, as well as individuals and communities who can all access the data, to take action to improve rivers.

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Compliance entities have continued to surrender large volumes of European carbon allowances in April despite the deadline moving to the end of September this year, with analysts attributing this to a case of 'old habits die hard' given the limited finanical benefit for giving up the permits in advance.

The world is far off track to keep warming to 1.5C above pre-industrial levels or the temperature needed to avoid catastrophic climate change, according to research released Thursday.

The tech arm of a South Korean conglomerate has launched verification services to help domestic emitters cope with tighter data disclosure requirements proposed by the EU, it announced Thursday.

Approximately 18% of shareholders at drinks giant PepsiCo voted in favour of a resolution to disclose its biodiversity impacts on Wednesday, Carbon Pulse has learned.

Verra and ART TREES have become the latest standard bodies to pass the Integrity Council for the Voluntary Carbon Market (ICVCM)'s conditions for eligibility, but the first approval of methodologies for the Core Carbon Principles (CCPs) stamp has been delayed until June as experts grapple with fresh complexities.

The Australian government is developing two new savanna fire management (SFM) method proposals, including one that will propose to credit sequestration in living vegetation for the first time, a department spokesperson confirmed to Carbon Pulse.

It's hard to find anyone in the energy industry pleased with news the NSW government may pay to keep the country's biggest coal generator open for another four or five years.

The post Even rival coal generators don’t want long term extension to Eraring coal plant appeared first on RenewEconomy.

Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data

Oil and gas equipment intended to cut methane emissions is preventing scientists from accurately detecting greenhouse gases and pollutants, a satellite image investigation has revealed.

Energy companies operating in countries such as the US, UK, Germany and Norway appear to have installed technology that could stop researchers from identifying methane, carbon dioxide emissions and pollutants at industrial facilities involved in the disposal of unprofitable natural gas, known in the industry as flaring.

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