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California Carbon Allowance (CCA) prices soared to a new all-time high on Friday morning, with traders attributing the gains to additional speculative demand coupled with few sellers on the secondary market.

A pair of Missouri-based dairy digesters previously registered under California’s compliance offset programme applied for fuel pathways under the Low Carbon Fuel Standard (LCFS), with only one having previously generated compliance-grade credits, according to documents published Thursday.

EU energy ministers on Friday agreed their common position on the EU’s cross-border energy infrastructure regulation, leaving the door open to blending hydrogen with natural gas in a transitional phase despite opposition from several member states.

Switzerland’s updated climate plan is being put to a referendum on Sunday, with experts deeming the vote too close to call despite wide political support for proposals including less reliance on foreign offsets and innovative flight taxes.

A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Colorado, the New England Independent System Operator, and North Carolina.

EUAs fell by more than €1 and UKAs shed £1 on Friday to give back some of the week's strong gains, as supply concerns mounted and confidence faded that prices might see a near-term return to their recent all-time highs.

The space industry is one of the UK's fastest growing sectors, worth £14.8bn a year.

US biofuel credits (RINs) careened as much as 15% on Friday morning after a news outlet reported that President Joe Biden’s administration is considering relief for Renewable Fuel Standard (RFS) obligated parties to alleviate continued record prices under the programme.

As world leaders flocked to the G7 summit at Carbis Bay in Cornwall to discuss the Covid pandemic recovery and the climate emergency, activists have also taken the chance to demonstrate to the leaders of seven of the wealthiest global democracies.

From a swarm of 300 drones creating 3D images of endangered species to protesters running around in Pikachu costumes, demonstrators have got creative to get the attention of politicians and the press. Here are some of the most impressive stunts

• Tell us: are you planning on joining protests at the G7 summit?
• G7 signs of protest in Cornwall – in pictures

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An absolute cap on ETS emissions and allowance auctions that would generate revenue for a new fund are among proposals released by Shenzhen’s government as the city seeks to overhaul its carbon market to align it with China’s national climate ambitions.

Ship cannot sail out of Egyptian waters as authorities detain crew and cargo until owners pay for blockages

Lemons, bamboo shoots and tofu sit in the sweltering heat, alongside goods from Lenovo, Ikea, Dixons Carphone and dozens of other brands – including barbecues, sun loungers, swimwear, lawnmowers and camping equipment – and will arrive at their intended destinations long after summer ends.

Since the successful operation to dislodge the 220,000-ton Ever Given from the Suez canal, where it was stuck for six days, the cargo ship has been grounded again – this time by a fierce legal battle between the ship’s owners, insurance companies, and the Suez Canal Authority (SCA).

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The AbCF is seeking a multi-skilled Indigenous person to be based in Cairns with a proactive personality, who rolls up their sleeves and gets stuck into complex projects that often involve juggling multiple deliverables and working with many different stakeholders that require strategic ways of working and communicating.

Single-use plastic from take-out food is a big source of pollution in oceans and rivers, scientists say.

We must find a way to embrace shipping, the ocean and our place in the world without shackling ourselves to unpayable foreign debt

Growing up in Sri Lanka in the 1990s, it was drilled into me from an early age that my island was destined to be a maritime hub. At school, I was taught that Sri Lanka was once the heart of the maritime Silk Road, a network of trade routes that connected the east and west from 130BC to the mid-1400s.

My textbooks were filled with tales about how Sri Lanka’s strategic positioning and rich natural resources were so prized that it was consecutively colonised by the Portuguese, Dutch and British empires for almost four centuries.

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The 10-year-old was snorkelling at Five Finger Reef near Coral Bay when a two-metre bronze whaler bit him on the foot

A young boy has been flown to hospital after a shark bit him on the foot while he was snorkelling near Coral Bay in Western Australia.

The 10-year-old was attacked by a two-metre bronze whaler at Five Finger Reef, south of the remote town, about 11am on Friday, the state’s Department of Primary Industries and Regional Development said.

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The 58MW Crookwell 3 wind farm will go ahead in Goulburn after a power purchase agreement underpinning the project was signed by Telstra.

The post Telstra inks new wind farm PPA as it prepares to launch energy retail offer appeared first on RenewEconomy.

Tobias Geiger from Westwind talks about the challenges of bringing the country’s biggest wind project to market.

The post Energy Insiders Podcast: Australia’s biggest wind farm takes shape appeared first on RenewEconomy.

One cold winter doesn't negate more than a century of global warming. We need the political leadership to set the world on a safer path. Ill-informed tweets by government senators won't help. Nerilie Abram, Professor; ARC Future Fellow; Chief Investigator for the ARC Centre of Excellence for Climate Extremes; Deputy Director for the Australian Centre for Excellence in Antarctic Science, Australian National University Martin De Kauwe, Senior lecturer, UNSW Sarah Perkins-Kirkpatrick, ARC Future Fellow, UNSW Licensed as Creative Commons – attribution, no derivatives.

Neoen delivers scathing review of ESB market reform proposals, saying they have been rushed and should be abandoned before doing more harm.

The post “Not worth the harm:” Neoen says ESB reforms should be abandoned appeared first on RenewEconomy.

Two massive offshore wind projects proposed for either side of Bass Strait, as the technology pipeline grows to more than 25GW in Australia.

The post Two massive offshore wind farms proposed for Bass Strait appeared first on RenewEconomy.