Feed aggregator

Major European companies in key energy transition sectors are funnelling the bulk of their profits into shareholder payouts, instead of investing in making their businesses fit for the low-carbon transition, according to a report on Thursday.

Turkiye's ruling party has submitted a long-awaited climate change-related bill that foresees the creation of a carbon market board and an emissions trading system to the Parliament on Thursday.

The integrity of the new Paris Agreement Crediting Mechanism has already come into focus after the first programme of activities (PoA) was approved at a recent UNFCCC meeting.

Faster progress is needed to reach the EU’s 2030 target of cutting emissions 55% below 1990 levels, the European Commission said on Thursday after the publication of a new report by the European Environment Agency (EEA).

A French company has sold all of its 357 compliance credits created over the last 13 years at a value of €17.5 million, while another initiative has revealed two voluntary buyers.

A global fuel standard for shipping is not enough to bring down the cost of clean fuel maritime corridors, even when the effects of the EU ETS are added in, according to new research.

Building decarbonisation policies need to consider all stages of construction – from planning to demolition –, the OECD said in a report published on Thursday, highlighting a step-by-step approach to tackling embodied carbon in buildings.

A Madrid-based asset manager has launched a fund to support Spanish small- and medium-sized businesses (SMEs) in the agrifood sector in implementing more sustainable practices, including biodiversity protection.

Sam Balto took the idea from a local school to the White House and beyond, inspiring a global movement in which children feel the benefits of cycling together

“It’s a movement, not a moment.” That’s the mantra from Sam “Coach” Balto, a former school teacher from Portland, Oregon who quit his day job to stoke a revolution called the “bike bus” – groups of kids and families cycling to school together.

How did one person in a mid-sized American city turn a weekly bike ride into something of a phenomenon? He leaned on the power of social media. In the past two years his videos have been viewed by hundreds of millions of people.

Continue reading...

The European Commission’s leaked state aid measures in support of its upcoming Clean Industrial Deal initiative, due next week, will fail to deliver for Europe’s domestic cleantech sector, an environmental group has warned.

Scientists have developed a machine learning-based model that significantly improves the accuracy of CO2 emission predictions.

Carbon ratings firm Sylvera released a framework on Thursday detailing the criteria for assessing biochar projects, with requirements on carbon sequestration, financial viability, and permanence, which will see it start to assess the quality of activities in this segment of the durable carbon removal sector.

European carbon prices broke free of their strong correlation to natural gas prices in Thursday morning, sinking to a six-week low even as TTF recovered slightly from a sharply weaker opening, leaving EUAs starting to explore a strong technical support area, while the UK market plummeted by as much as 9.2% amid sustained selling.

France has published new afforestation and revegetation methodologies to be used in its 'low-carbon label' scheme.

The European Commission is seeking applications from experts to support the extension of the EU ETS Directive to additional areas of the aviation sector, it announced on Wednesday.

BioCarbon has released a revamped version of its biodiversity credit standard, including making credits eligible for offsetting and strengthening safeguards to protect Indigenous Peoples' rights.

The long-awaited financial mechanism for sharing benefits from the use of digital sequence information (DSI) from genetic resources will be officially launched during the first day of the resuming UN COP16 biodiversity talks, due to be held in Italy next week.

Australia on Thursday said it is removing the opportunity to register carbon projects on Indigenous land before consent has been given by Native Title holders.

Nature-based carbon projects in Indonesia are hoping for a change in market sentiment, as they await government regulations to allow them to begin trading again.

A Green Iron Investment Fund is exactly what Australia needs to lay the foundations for Australia becoming a Renewable Energy Superpower.

The post Green iron fund will lay foundations for Australia to become renewable energy superpower appeared first on RenewEconomy.