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A carbon credit ratings agency downgraded its scores for seven carbon projects on Thursday, including a large REDD scheme in Cambodia that at one stage had been deemed as a highly-ranked activity by the company. 

The Washington Department on Ecology (ECY) announced Wednesday it is conducting an emergency rulemaking on the Allowance Price Containment Reserve (APCR) ahead of the Q2 cap-and-trade auction, as Washington Carbon Allowances (WCAs) on the secondary market continue to trade above the mechanism’s Tier 2 trigger price.

A carbon credit ratings agency gave details about its views on hundreds of carbon projects on Thursday, depicting low grades for nature activities on carbon promises but higher scores on SDG benefits – while the company also commented on Verra’s proposed new approach to forest carbon crediting.

The 30th edition of the ‘Green Oscars’ was held at the Royal Geographical Society in London this week, celebrating seven grassroots conservationists identified after a worldwide search for locally led solutions to the global biodiversity and climate crises

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Record figures for month recorded in Thailand, Myanmar, Laos, Vietnam, China and South Asia

Asia is experiencing weeks of “endless record heat”, with sweltering temperatures causing school closures and surges in energy use.

Record April temperatures have been recorded at monitoring stations across Thailand, Myanmar, Laos and Vietnam, as well as in China and South Asia.

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Scaling finance for renewables is expected to come into focus at a high level event in Berlin next week, with experts suggesting that fresh pledges may be announced by the German organisers and the UAE, which will host the year-end COP28 UN climate summit.

Misguided introduction of alien predator saw partula snails driven from their habitat – but zoos have reared new populations

When French Polynesia was overrun by the invasive African giant land snail, another alien species, the predatory rosy wolf snail, was introduced to solve the problem.

Unfortunately the rosy wolf snail devoured tiny, endemic partula snails instead, hunting down the scent of their slime trails at three times the speed of a normal snail.

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Temperatures reach 38.7C in southern Spain today as an influx of heat from Africa brings summer early.

EU industry chief Thierry Breton reiterated his support for a new sovereign fund to support the energy transition on Thursday, telling a parliamentary committee that the scope of the investment vehicle would be considered over the summer.

South Pole (SP) is looking for a Clean Fuel Program Business Manager (CFP-BM) to strengthen our Climate Project’s team and play a key role in conceptualizing and assessing business opportunities arising out of regional Clean Fuel Standards (CFSs) also referred to as low-carbon fuel standards (LCFSs) and clean fuels programs (CFPs).

Sellers are dropping their prices for REDD avoided deforestation credits after a flurry of activity in the sector this week that triggered a brief rally in market value, sources told Carbon Pulse on Thursday.

AGL says "world is changing" but even after closure of Liddell on Friday it will remain Australia's biggest carbon polluter despite pledge on batteries and green hydrogen.

The post “World is changing:” AGL to replace Liddell with battery, hydrogen, wind and solar appeared first on RenewEconomy.

Record wind and solar generation helped loosen the vice like grip of fossil fuels over the grid and send prices down and emissions to new lows.

The post Record wind and solar deliver lower prices, loosen coal and gas dominance over grid appeared first on RenewEconomy.

The World Economic Forum has published a paper this week that looks at the key trends and obstacles ahead for integrating blockchain-based solutions into climate action, focusing on the current information gap, reputational challenges, as well as the growing recognition around the uses of new Web3 technologies to help meet targets.

EUAs snapped their six-day losing streak on Thursday morning as prices extended gains made late in the previous session amid a strong auction and the prospect of thinner supply in the coming weeks.

A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

The implementation of the EU's carbon border tax would likely speed up the construction of China's national carbon market, bringing aluminium, cement, and steel sectors into the ETS within a couple of years, analysts said Thursday.

Judge says pollution ‘will no longer be tolerated’ after investigation found significant environmental harm

South West Water has been fined £2.15m for illegally dumping sewage into rivers and the sea in Devon and Cornwall, causing significant environmental harm.

Failures by the company between July 2016 and August 2020 led to harmful sewage discharges being dumped by treatment works at Lostwithiel, Kilmington, Crediton and Torpoint, as well as the Watergate Bay sewage pumping station.

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Droughts, fires, floods, heatwaves – they’re all contributing to our supply-chain problems and brutal inflation

Families around the world are struggling with higher grocery costs and electricity and heating bills. What they may not realize is that rising inflation is increasingly driven by another global crisis: climate change.

Last year, the United States incurred over $2bn in costs due to 20 climate-related extreme weather events, from Hurricane Ian to heatwaves and drought. Lumber, cotton, tomatoes, wheat, and energy – and the products they generate, from denim jeans to your Italian takeout dinner – were all affected by these events and are now more expensive than this time last year. Climate-driven extreme weather and disasters are now more frequently responsible for production shortages, supply chain disruptions, and labor issues that lead to higher costs of living.

Suzi Kerr is the chief economist of the Environmental Defense Fund

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Research shows Britain lagging behind at crucial time as US and EU pursue green growth hastened by Ukraine invasion

Investment in clean energy and the low-carbon economy fell sharply in the UK last year, even as rival nations were increasing their firepower in the global green race, data shows.

The UK’s investment in the energy transition fell by 10%, from $31bn to $28bn, from 2021 to 2022, while similar investment in the US rose by about 24% to $141bn, and in Germany by 17% to $55bn.

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