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Energy firms have made heavy writedowns on assets owing to Russia’s invasion of Ukraine but these were more than offset by strong profits due to high fuel prices, according to quarterly results published on Friday, while several EU companies are also considering paying for Russian gas in rubles.

Insect’s forest populations have halved over past half-century despite increased woodland habitat

Moths have declined faster in British woods over the last half-century than on farmland or in cities, despite woodlands having increased and moths being shielded from chemical and light pollution by the trees.

Forest populations of moths halved between 1968 and 2016 compared with average national losses of a third, according to a study.

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Environmentalists accuse England and Wales water regulator of failing to take action against polluters

Environmental campaigners are threatening the water services regulation authority in England and Wales with legal action over its failure to take action to prevent untreated sewage discharges into rivers by water companies.

Lawyers for Wild Justice believe Ofwat has a duty under law to ensure sewage treatment plants avoid releasing polluting discharge into watercourses.

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Carbon gave up early advances amid very light volume on Friday morning as the market eased into a long weekend, while energy markets weakened as traders continued to seek clarification over how to pay for Russian gas supplies without breaching EU sanctions.

Allowances in China’s national emissions trading scheme edged down marginally over the past week, but remained in the same range as in previous weeks with little going on to provide direction for traders.

An Australian carbon farming developer is launching a pilot programme combining carbon storage and koala habitat restoration work that it aims to earn ACCUs for.

Cutting exotic plantings from New Zealand’s ETS would come at a cost of tens of billions of dollars, according to a newly formed forestry lobby group, while the nation’s peak agricultural body is pushing for a two-year ban on the plantings.

The best of this week’s wildlife pictures, including a giant panda, jumping fish and an osprey egg

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The Whitley Fund for Nature will present seven grassroots wildlife conservationists with Whitley awards for their pioneering solutions to the biodiversity crisis.

The Whitley gold award, worth £100,000, will go to Dr Charudutt Mishra, the world expert on snow leopards, for his groundbreaking work over 25 years.

The other award winners will each receive £40,000 to accelerate their progress on the ground, which has reduced poaching, restored habitat and recovered populations of animals and plants essential for functional ecosystems

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No Mow May scheme promotes letting wild plants thrive to provide nectar for insects

The number of people not mowing their lawns is increasing after a successful campaign to keep gardens wild, a leading nature charity says.

Gardeners are this year being urged once again by Plantlife to keep their lawnmower in the shed during No Mow May, in order to let wild plants thrive and provide nectar for insects.

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Nyrstar lands funding to turn to electrolysis for it Hobart smelter and create green zinc, which may also save Port Pirie smelter.

The post Nyrstar turns to electrolysis for “green zinc” at Hobart smelter appeared first on RenewEconomy.

Climate scientist Andy Pitman says net zero needs to be reached by 2035 to have any chance of capping global warming at 2°C.

The post Energy Insiders Podcast: 2°C? It’s already nearly too late appeared first on RenewEconomy.

CQC is hiring a Head of Sales and Business Development for Europe, Middle East and Africa (EMEA) to meet the increasing demand from companies and sovereigns in the region for carbon and sustainability solutions.

Between 11 and 17 dolphins killed each year, government says, though independent observers put rate as high as 50 a year

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Bottlenose dolphins are being caught and killed in trawl nets in Western Australia’s north at unsustainable levels, a study warns.

The finding is based on analysis of the Pilbara trawl which supplies fish to the Perth market, targeting emperor, snapper, trevally, cod and grouper.

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Former Pacific Island leaders tell Australia, China and US that the biggest security threat in the Pacific is from climate change.

The post Australia, US and China slammed for ignoring “real” climate threat in Pacific appeared first on RenewEconomy.

Plans to build a solar thermal power plant in Port Augusta are back on the table, after Vast Solar wins federal funding of $110 million.

The post Vast Solar reboots Port August solar thermal plans, with $110m federal funds appeared first on RenewEconomy.

There is much talk about "clean green" hydrogen and how it can replace gas for heating and cooking. But something doesn’t add up.

The post Will clean green hydrogen ever replace gas in Australian homes? appeared first on RenewEconomy.

A government-appointed study group has released a draft set of guidelines and principles for how Japan should make use of carbon credits to meet its climate targets, which paves the way for significant use of international offsets in the GX League and for other voluntary purposes.

It wouldn’t be a modern Australian election campaign without the words “carbon tax” being thrown around.So lets clear a few things up. Samantha Hepburn, Professor, Deakin Law School, Deakin University Licensed as Creative Commons – attribution, no derivatives.

The Coalition promises another $218m for a South Australian hydrogen hub, reviving a proposal of the defeated state Liberals.

The post Coalition revives defeated state Liberal hydrogen hub, backs more CCS appeared first on RenewEconomy.