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European carbon prices fell by as much as 2.3% on Tuesday morning with somewhat weaker fundamentals keeping prices under pressure and the market testing key technical indicators to the downside following a relatively weak auction.

The Kwinana battery - the first in the world's most isolated gigawatt scale grid in Western Australia - has charged up for the first time.

The post First big battery in world’s biggest isolated grid charges up for first time appeared first on RenewEconomy.

A study led by Queen's University Belfast finds 48% of species are undergoing population declines.

The Architecture for REDD+ Transactions (ART) Secretariat has rejected a complaint from a group representing Guyana's Indigenous peoples that the country's government did not receive consent from local communities to facilitate the distribution of tens of millions of avoided deforestation carbon offsets.

China’s environment ministry has launched a research project on expanding the nation's emissions trading scheme, rekindling hopes that the market could soon be broadened to also include the biggest-emitting manufacturing industries.

Electrify Everything! says Saul Griffith. The Hydrogen Economy! says Andrew Forrest. What if we didn’t have to choose?

The post Electrify or electrolyse? We can – and should – do both appeared first on RenewEconomy.

Six new local renewable energy projects in ACT will share in funds designed to support renewable energy innovation.

The post ACT backs six renewable energy projects, including panel recycling and hydrogen appeared first on RenewEconomy.

MPower signs up Evergen to boost returns from its distributed solar and battery projects, starting with Lakeland in north Queensland.

The post MPower signs up Evergen to boost earnings from distributed solar and battery projects appeared first on RenewEconomy.

An agreement between California, Arizona and Nevada will cut water consumption by 13% – but the river is still in serious peril

A hard-fought agreement between California, Arizona and Nevada to slash the states’ use of the shrinking Colorado River is only a temporary salve to a long-term water crisis that continues to threaten the foundations of life in the American west, experts have warned.

The deal, announced on Monday, between the three states that make up the lower portion of the sprawling Colorado basin will pare back 13% of water consumption from the beleaguered river over the next three years if adopted, averting the prospect of more stringent cuts imposed by the federal government. Backed by $1.2bn in federal funds, the bulk of the reductions are structured to encourage voluntary cuts taken by rights holders, in exchange for grant money.

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The share of the world's greenhouse gas emissions covered by a carbon price that would keep warming limited to UN Paris Agreement goals marginally rose year-on-year but remains below 5%, according to a report published by the World Bank on Tuesday.

EU coal-fired power generation dropped sharply in the first four months of this year, damping fears that the fuel would make a sustained comeback after natural gas prices rocketed in 2021 and 2022, according to a report published on Tuesday.

A carbon offset ratings agency has launched a trial project in Uganda to assess the use of environmental DNA (eDNA) to measure biodiversity values in ecosystems, including as basis for the issuance of nature credits.

The state government in Victoria in Australia on Tuesday announced its local logging industry will shut down at the end of the year, six years earlier than planned.

Two hundred and ninety plants, 20 fishes, 24 amphibians, 46 reptiles and one mammal were among newly discovered in one of Asia’s biodiversity hotspots in 2021 and 2022. Many are already under threat of extinction from habitat loss, deforestation and the illegal wildlife trade. WWF is calling on governments to increase protection for these rare species and to commit to halting and reversing nature loss

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Victoria’s native forests will be free from logging by the end of the year. That’s big news for our threatened species and fragmented forests David Lindenmayer, Professor, The Fenner School of Environment and Society, Australian National University Chris Taylor, Research Fellow, Fenner School of Environment and Society, Australian National University Licensed as Creative Commons – attribution, no derivatives.

The state will spend $1.78 billion on achieving its energy goals, but the lion's share goes to SEC to deliver 4.5GW of new wind and solar.

The post Victoria gives SEC $1 billion to fast-track wind and solar appeared first on RenewEconomy.

Powerlink says it has erected the 100th transmission tower as part of its plan to connect Australia's biggest wind precinct.

The post 100 new towers: Powerlink cements plan to connect Australia’s biggest wind precinct by 2024 appeared first on RenewEconomy.

Australian-funded Article 6 demonstration projects under its Indo-Pacific Carbon Offset Scheme (IPCOS) should make a point to use established projects, operators, and methodologies, in order to keep community needs in focus, voluntary market participants told a conference Tuesday.

What is a forecast of 14GW of coal in Australia in 2050 doing in a net zero scenario?

The post What do you call a coal plant on a 2050 grid? “Incredibly expensive insurance” appeared first on RenewEconomy.

BNEF report finds Australia would need a massive total of 812GW of mostly onshore solar and wind power by 2050 to export green hydrogen and meet its climate targets.

The post Australia’s green hydrogen export dream could require 812GW of wind and solar appeared first on RenewEconomy.