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Two Verra-credited projects were awarded a moderate chance of avoiding or removing a tonne of CO2 by a ratings agency in its latest update this week.

The European Parliament’s industry committee (ITRE) voted on Wednesday to substantially raise 2030 headline targets for renewable energy and energy efficiency – a move in tune with the EU’s overarching objective to wean itself off Russian oil and gas by no later than 2027.

Fourth small energy retailer collapses under the weight of high wholesale electricity prices caused by surging fossil fuel costs.

The post Fourth small energy retailer collapses under weight of soaring wholesale prices appeared first on RenewEconomy.

Queensland proposes to burn up to 13 Olympic swimming pools worth of organic liquid food and fat, oil and grease waste from restaurants and supermarkets in new power facility.

The post “13 Olympic pools of fat and waste”: Queensland to burn food for power appeared first on RenewEconomy.

EUA trading activity fell away sharply on Wednesday morning, with the lowest morning volume on the ICE exchange in more than a month as many traders were either absent or awaiting the outcome of the afternoon UK Allowance auction, while energy markets continued to climb as more European countries mulled options to secure energy supplies this winter.

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*PREMIUM LISTING - As a Compliance Carbon Market Analyst you will play a central role in achieving our ambition of becoming a globally leading supplier of analytics and insights supporting the path towards a net zero economy. You will join our highly skilled and motivated team of experts, delivering forward looking analytics combined with deep market expertise and delivered through a state-of-the-art tech platform.

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The American Carbon Registry (ACR) on Wednesday released the next version of its improved forest management (IFM) protocol, focusing on shoring up the additionality of CO2 mitigation activity and outlining new equations for calculating “removals” credits.

Despite having the world’s biggest portfolio of voluntary carbon projects the VCM is underexploited in India and market participants await direction from the government on issues such as corresponding adjustments (CA), according to a report released this week.

RePlanet calls on EU to ditch organic targets and for governments to lift bans on genetically modified crops

Governments should put a moratorium on the use of biofuels and lift bans on genetic modification of crops, a green campaigning group has urged, in the face of a growing global food crisis that threatens to engulf developing nations.

Ending the EU’s requirement for biofuels alone would free up about a fifth of the potential wheat exports from Ukraine, and even more of its maize exports, enough to make a noticeable difference to stretched food supplies, according to analysis by the campaign group RePlanet.

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One of China’s five major state-owned power companies has signed a partnership with the government of Qinghai province to develop forestry-based carbon sequestration projects.

South Korea’s monthly CO2 permit auction on Wednesday was oversubscribed for the first time in over a year as the start of the 2022 compliance cycle brings a more upbeat mood to the market.

Groups representing Unilever and Amazon say long-term targets will boost investment and provide jobs

Business groups representing Amazon, Coca-Cola, Unilever and Lloyds Banking Group have all called on Conservative leadership contenders to protect the net zero target for the good of the economy.

There have been fears that the leadership election could cause the UK’s climate commitments to be ditched, as at least two contenders have said they would pause the emissions targets.

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After an outcry at last year’s killing of 1,480 white-sided dolphins, campaigners say new government hunt quotas are ‘farcical’

Months after the much-criticised slaughter of more than 1,400 white-sided dolphins in the Faroe Islands, a provisional annual hunt quota of 500 has been set by the Faroese government in what campaigners call a “farcical” decision.

The Faroese fisheries minister, Árni Skaale, said that the quota was meant to secure sustainability. “We have a right to hunt,” he told the Guardian, but added that there was an obligation to protect the country’s resources: “We have to utilise everything sustainably.”

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"Sky's the limit" for what Climate 200 movement could do next, its chief says, including targeting state elections, or even an independent prime minister.

The post Could Australia have a ‘teal independent’ as PM? Climate 200 thinks so appeared first on RenewEconomy.

Eleven nations least responsible for global heating must spend up to 22% of GDP on dealing with effects of it

African countries that are the least responsible for the climate crisis will have to spend up to five times more on adapting to global heating than they do on healthcare.

Analysis of 11 nations with a total population of more than 350 million lays bare the huge financial toll of taking action to avert the severe environmental consequences of global heating.

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Gugu Badhun agree to take a lead role in the delivery of Windlab's new 600MW wind farm – and give it a traditional language name.

The post Massive Queensland wind farm strikes land use deal with traditional owners appeared first on RenewEconomy.

CSIRO’s Paul Graham discusses latest GenCost report and its conclusions that, even at 90 per cent share, wind and solar are cheapest and smartest options.

The post Energy Insiders Podcast: Wind, solar and storage win transition race appeared first on RenewEconomy.