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Even temporarily overshooting the 1.5-2C temperature limit goals of the Paris Agreement could significantly increase the risk of tipping point cascades that lead to irreversible changes to the climate, according to analysis published on Thursday.

Voluntary carbon credit retirements are set to fall below 2021 levels this year due to a massive fall in demand for forestry and land use units, while renewable energy credits poised for a year-on-year rise, according to data from a carbon analytics firm.

Carbon credit certifier body Verra has launched a new review process of its methodologies, prioritising those not been updated for five years while also updating two methodologies with immediate effect involving geological storage and afforestation, reforestation and vegetation (ARR) projects.

The environmental crisis changed the political tide in 2022. There are some reasons to be optimistic about the outlook ahead – but much more to be done

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The year 2022 is likely to be seen as one in which Australians started to act as though the climate and environmental crises are not just abstract ideas that mostly happen somewhere else or in the distant future.

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As it marks the end of its first decade, Guardian Australia will scrutinise climate policies, cost-of-living measures and contribute to the Indigenous voice debate

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Many of us emerged from the anxious isolation of the Covid years hesitantly, measuring our steps into the new normal of life. We settled into different patterns of working, travelled a little and dared to plan for things other than just getting through the pandemic.

But Australians also seemed to resume their lives with a resolve that some things should change.

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EUAs rose by as much as 3% on Thursday as the market exhibited more of the volatility that has seen price moves of more than 2% on relatively little volume in the approach to the holiday break, while energy markets fell yet again amid milder weather.

A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

A Japanese expert panel on Thursday approved a draft basic decarbonisation plan, with the government now intending to present a bill to parliament early next year that would legislate plans to launch an emissions trading scheme in 2026 and a carbon levy on fossil fuel imports two years later.

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November statistics show fear EU regressing on climate commitments because of war in Ukraine is unfounded

Returning to coal-fired power generation in some parts of Europe has not prevented strong progress on cutting greenhouse gas emissions, data shows.

Emissions for November for the EU were at their lowest in at least 30 years, as were gas consumption, carbon from the power sector, and power generation from fossil fuels, according to the Centre for Research on Energy and Clean Air.

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The lack of a clear legal framework has made it difficult for foreign businesses to buy nature-based carbon credits in Vietnam, according to local media reports, potentially redirecting investments to other nations in the region instead.

China's environment ministry has circulated a set of updated greenhouse gas emissions accounting guidelines for power generation facilities, a move considered crucial to improve the transparency and effectiveness of the national emissions trading scheme (ETS).

The Philippines has partnered with the One Planet Initiative to consider the possibility of establishing a biodiversity credit market, as the government is looking at ways to attract more investments to help battle the challenges of climate change and nature loss.

Two companies announced Thursday they are partnering up to expand access to clean cooking technologies, which are expected to generate over $20 million in voluntary carbon credit sales over the next decade.

An English town could be the first to turn off fossil fuel gas, but some residents aren't happy.

Two workers in an abattoir in Catalonia alleged to have suffered unwanted sexual advances and are now appealing court decision

A court in Spain has acquitted a manager accused of sexual advances and using the threat of dismissal to demand sex, in a blow to a landmark legal challenge that sought to cast a spotlight on sexual abuse in the country’s meat processing industry.

The behaviour was alleged to have taken place at an abattoir north of Barcelona, a region that has helped transform Spain into Europe’s largest pork producer.

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The Australian government will develop regional plans to help protect, restore, and manage the environment, starting with four areas in New South Wales, however green groups have warned its plan could lead to unintended consequences and perverse outcomes.  

Converting to electric cars is going to take time. With transport being Australia’s fastest-growing source of emissions, action on all fronts – road, rail, sea and aviation – is needed. Philip Laird, Honorary Principal Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.

A daily summary of our news plus bite-sized updates from around the world.

How much water does it take to make green hydrogen – and can Australia source what it needs, sustainably, to become a hydrogen superpower?

The post For Australia to be a green hydrogen superpower, first we must find enough water appeared first on RenewEconomy.