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New Zealand’s environment ministry on Thursday proposed a number of adjustments to the emissions trading scheme designed to ensure industrials don’t receive too many carbon allowances, a move that might see some manufacturers lose its right to receive free permits.

Environmental groups criticise grant to Empire Energy, which had lobbied ministers for information on funding, as a ‘brazen misuse of taxpayer funds’

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The Coalition handed three grants for fracking in the Beetaloo Basin to a political donor and Liberal-linked company, which had earlier lobbied federal ministers for information on the funding scheme.

On Wednesday, resources minister Keith Pitt announced that Imperial Oil and Gas, a subsidiary of Empire Energy, would receive $21m in grants through the $50m Beetaloo Cooperative Drilling Program.

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Regulator spells out four ways that rooftop solar and distributed energy benefit the grid.

The post Four ways rooftop solar and household batteries can help the grid appeared first on RenewEconomy.

Construction begins for a 1.5GW project off the coast of the Netherlands, the first offshore wind farm to be built without subsidies.

The post “New chapter:” Construction begins on first subsidy-free offshore wind farm appeared first on RenewEconomy.

Nearly three years after it was built, the world first solar, wind and battery hub at Kennedy is finally sending power to the grid.

The post “World first” wind, solar and battery project finally starts production after 3-year wait appeared first on RenewEconomy.

The Hon Sussan Ley MP has approved co-regulatory arrangements administered by Sustainable Product Stewards Pty Ltd and The Activ Group Solutions Pty Ltd to participate in the National Television and Computer recycling Scheme.

EPSA applied to have the approval of the co-regulatory arrangement it administered cancelled. Its approval was subsequently cancelled on 30 June 2021.

Experts are heartened by a new found interest in the "underappreciated and under-threat" insects.

Without global warming, the searing heat seen in the western US and Canada "just doesn't occur," say scientists.

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California-based offset registry Climate Action Reserve (CAR) kicked off the process of developing a voluntary offset protocol for biochar on Wednesday, as interest grows in sourcing carbon credits from removal-based strategies.

Advocacy groups play a crucial and neglected role in revealing systemic animal mistreatment. We need to make their actions unnecessary by with better transparency in the industries. Serrin Rutledge-Prior, PhD Candidate; Sessional Academic, Australian National University Tara Ward, Lecturer, UNSW Licensed as Creative Commons – attribution, no derivatives.

EUAs fell another 2.6% on Wednesday to compound the previous session's big sell-off, with some traders said to opt for unwinding their positions rather than deal with further volatility.

Cost of Australian-based climate offsets is soaring but 90% of local purchases are for overseas projects

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Pledges from major companies to reach net zero greenhouse gas emissions are driving up prices for Australia-based climate offsets to levels not seen since the 2014 repeal of the carbon pricing scheme.

Prices for Australian carbon units have topped $20 a tonne with demand up 20% in the past 12 months, with analysis released today saying prices could rise to $50 by the end of the decade.

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California Carbon Allowance (CCA) prices soared to new records over the first half of the holiday-shortened week as speculative interest remained robust and few sellers appeared, with several traders attributing some purchases to power sector emitters.

US biofuel credit (RIN) values fell to a more than two-week low on Wednesday on declining corn prices, while federal lawmakers introduced bipartisan legislation to negate a recent Supreme Court decision on Renewable Fuel Standard (RFS) waivers.

Kenyan ministry of tourism and wildlife expresses concern about reports of scheme to transport herd from Kent

Confusion has erupted over plans to fly a herd of elephants from Kent to Kenya, after the Kenyan wildlife service said it had not been contacted or consulted about the operation.

On Monday, the Aspinall Foundation announced ambitious plans to transport 13 savanna elephants, born and bred in captivity, almost 4,500 miles from their home at Howletts Wild Animal Park to a site in the east African country, in partnership with the Kenya Wildlife Service (KWS). The wildlife charity, where the prime minister’s wife, Carrie Johnson, has a top corporate role in communications, said it would be a world-first operation to “rewild” the mammals.

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Commodity price reporting agency S&P Global Platts on Tuesday proposed to launch six carbon credit indices from next month with Viridios AI that would reflect a wide variety of voluntary emissions reduction (VER) project types and co-benefits.

Trading in China’s carbon market will begin in July, Premier Li Keqiang said Wednesday evening, after the failure to meet the widely touted June deadline had sparked concerns a longer delay might be in store.

Four banks based on separate continents have launched a carbon offset platform, joining several marketplaces aiming to boost transparency in the OTC-based voluntary emissions reduction (VER) market.