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Countries lined up to trade carbon credits with Singapore have seen an uptick of interest from corporates itching to find bargains to meet their carbon tax exposure, according to the head of one analysis agency.

Italy’s data protection body investigates claims police shared names and addresses with firm collecting penalties for TfL

The names and addresses of thousands of EU drivers were unlawfully accessed by Italian police and shared with the company that collects Ulez penalties on behalf of Transport for London (TfL), investigators believe.

The Italian data protection authority is investigating claims by Belgium’s government that an unnamed police department misused official powers to pass the personal details of Belgian drivers to Euro Parking Collections, which is employed by TfL to issue fines to enforce London’s low emission zone (Lez) and ultra-low emission zone.

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Persistent downside factors have deepened a crisis in the EU steel and are set to curb what the ETS-covered sector hoped to be a demand rebound in 2024, while the Carbon Border Adjustment Mechanism (CBAM) may fix the problem in the future, according to market data published on Thursday.

EU countries and MEPs have provisionally agreed to postpone by two years a deadline adopting sector-specific European Sustainability Reporting Standards (ESRS), giving companies more time to adapt to the first set of rules. 

Feat by scientists at Oxfordshire facility described as ‘fitting swansong’ for pioneering project as reactor is decommissioned

The prospect of a green energy source based on the power of the stars has received a boost after scientists set a world record for the amount of energy created by fusing atoms together.

Researchers at the Joint European Torus (JET), an experimental fusion reactor at the Culham Centre for Fusion Energy in Oxfordshire, generated 69 megajoules of energy over five seconds from a mere 0.2 milligrams of fuel in the final fusion experiment performed at the facility.

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An auction for up to 10 million forward carbon credits from three host nations authorised for corresponding adjustments, tradeable units known as ITMOs, has been delayed until April, the sale's organisers said Thursday.

European carbon prices fell to an 18-month low amid solid selling on Thursday morning as prices tested a boundary in their recent range, while energy markets eased as weather forecasts highlighted above-normal temperatures.

Voluntary carbon accreditation body the International Carbon Reduction and Offset Alliance (ICROA) has refreshed its best practice code as it aims to keep pace with rapid changes affecting the market.

The Ghanaian government plans to deliver its first batch of ITMOs under Article 6.2 of the Paris Agreement by Q3 2024, according to a report released Thursday.

As the photographer turns 80, we look back as some of his most striking images from around the world. Salgado has been awarded Sony’s Outstanding Contribution to Photography Award 2024, and a selection of his work can be seen at Somerset House in London between 19 April and 6 May

• Photographer Sebastião Salgado at 80: ‘They say I was an aesthete of misery’

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A volcano in south-western Iceland has erupted for the second time this year, the country's meteorological office has said. Live images captured lava gushing out of a fissure, sending plumes of smoke and ash into the air. It the sixth outbreak on the Reykjanes peninsula since 2021, before when the volcano had been inactive for about 800 years. 'Reykjanes is fed by five volcanic systems, many of which come to life every 800 to 1,000 years,' said Dave McGarvie, a volcanologist at Lancaster University

• Iceland’s Reykjanes fires may burn for decades, history suggests

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The Global Environment Facility (GEF) Council has approved the initial guidelines to expedite the implementation of the Biodiversity Beyond National Jurisdictions (BBNJ) agreement, as signatory countries are lagging behind on the ratification process.

Nigeria's vice president, Kashim Shettima, will inaugurate a committee on Thursday tasked with developing Nigeria's Carbon Market Activation Plan, setting out a framework for voluntary carbon, Article 6, and ETS development in the country, according to local media.

Climate and nature investment and advisory firm Pollination has appointed Dame Amelia Fawcett, co-chair of the International Panel on Biodiversity Credits (IAPB), as its senior advisor.

As complaints of human waste pile up, new rules require climbers to properly dispose of their stools.

The lack of an explicit target for different carbon removal types in the EU’s new Industrial Carbon Management Strategy is holding back the industry from reaching its full potential, say industry stakeholders.

The last 12 months were the hottest on record, temporarily sending the world past a deeply symbolic mark.

The last 12 months were the hottest on record, temporarily sending the world past a deeply symbolic mark.

Japan has issued the first instalment of its climate transition bond worth 1.6 trillion yen ($11 billion) to fund its emission reduction targets, UK-based non-profit and certifier Climate Bond Initiative confirmed Thursday.

French oil major TotalEnergies ramped up investment in carbon credits in 2023, it said in annual results this week, spending nearly $50 million on units across the year, while also posting a 300% year-on-year increase in purchases in the final quarter.