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RGGI Allowance (RGA) prices last week ended lower, continuing a month-long stretch of mostly losses and defying bullish drivers from an upcoming programme review as well as recent analyst projections for a steep Q1 auction settlement this week.

The British Columbia government has announced it will next year introduce an output-based pricing system (OBPS) for large stationary sources of GHG emissions, allowing industries an alternative to regulation by the Canadian province’s economy-wide carbon tax.

A Houston-based integrated environmental asset validation, blockchain registry, and exchange firm has announced securing conditional approval for the launch of an environmental credits digital platform operating out of the Bahamas, and has already listed millions of carbon offsets from avoided oil extraction.

Liquidity picked up in the voluntary carbon market as March started, but prices generally slipped lower amid the weight of surplus credits. 

Voters in the region have long been seen as caring more about their finances than green issues. But living through extreme heat, rain and floods has them focused on living with climate change. Declan Kuch, Vice Chancellor's Research Fellow, Institute for Culture and Society, Western Sydney University Malini Sur, Senior Research Fellow, Institute for Culture and Society, Western Sydney University Stephen Healy, Associate Professor, Human Geography and Urban Studies School of Social Sciences/ Institute for Culture and Society, Western Sydney University Sukhmani Khorana, Associate Professor, Faculty of Arts, Design and Architecture, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

The government is failing to make good on Britain’s net zero pledges to the world

Last summer, the Climate Change Committee (CCC) delivered a 600-page assessment of the United Kingdom’s journey towards net zero targets. The scathing conclusions could be summed up in a single sentence: Westminster continues to talk the talk, but a lack of follow-through means the country is failing to walk the walk.

In too many areas, the CCC found, goals were being undermined by failures in delivery programmes. There was a “shocking gap”, it reported, in policymaking to drive better insulation of homes. Progress on reducing farming emissions had been “glacial”. The bald conclusion was that the “current strategy will not deliver net zero” by 2050, as legally required.

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Matthew Tulley, 44, Ben Taylor, 38, George Burrow, 68, and Anthony Hill, 72, were part of a blockade at Bishopsgate in 2021

Four climate activists who blockaded a street in London in a campaign to press the government to insulate homes have been found guilty of public nuisance.

A jury at Inner London crown court found the protesters, who are members of Insulate Britain, guilty on Monday after a four-day trial.

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The nature presenter returns to TV screens to explore the natural history of Britain and Ireland.

The nature presenter returns to TV screens to explore natural history in Britain and Ireland.

Climate Action Data Trust is recruiting a Technical Director to support the work the CAD Trust. The candidate will report to the Executive Director and will be responsible for implementing the Information Technology (IT) and technical aspects of the CAD Trust.

Emissions from food system alone will drive the world past target, unless high-methane foods are tackled

Emissions from the food system alone will drive the world past 1.5C of global heating, unless high-methane foods are tackled.

Climate-heating emissions from food production, dominated by meat, dairy and rice, will by themselves break the key international target of 1.5C if left unchecked, a detailed study has shown.

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Cote d'Ivoire has signed an MOU with a local and a foreign developer to explore the development of reforestation carbon credit projects in the country.

Regulations were updated after an outcry over gene-edited babies but a leading expert says they don't go far enough.

Sheep are descended from a ‘mouflon’. Yes (yes!)

The wind is blowing: it is the wind that changes the seasons, hot to cold. It blows and blows until the season knows it is time to sit on its suitcase, overstuffed with things that happened, zip it up and travel to the other side of the world.

Sometimes, the season gets trapped for a week, like a little whirlwind of leaves, or one leaf on a small plant going round and round, or moving in a figure eight: an incantation. You get one last period of very cold or very hot. You are trapped, too, like a sheep in its wool: you are in the present, there is no going forward until the season is on its way.

In Things I Don’t Want to Know, Deborah Levy is carrying her luggage up a steep path on a mountain in Spain. “The smell of wood fired in the stone houses below and the bells on sheep grazing in the mountains and the strange silence that happens in between the bells chiming suddenly made me want to smoke.”

What was natural was hedgerows, hawthorn, skylarks, the chaffinch on the orchard bough. You had never seen these but believed in them with perfect faith [...] Literature had not simply made these things true. It had placed Australia in perpetual, flagrant violation of reality.

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Vast releases of gas, along with future ‘methane bombs’, represent huge threat – but curbing emissions would rapidly reduce global heating

• ‘We don’t feel safe’: US community in shock after record methane leak

More than 1,000 “super-emitter” sites gushed the potent greenhouse gas methane into the global atmosphere in 2022, the Guardian can reveal, mostly from oil and gas facilities. The worst single leak spewed the pollution at a rate equivalent to 67m running cars.

Separate data also reveals 55 “methane bombs” around the world – fossil fuel extraction sites where gas leaks alone from future production would release levels of methane equivalent to 30 years of all US greenhouse gas emissions.

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As XR shifts away from radical action and the UK government restricts the right to protest, the climate movement is asking tough questions

On a bright, chilly morning in January, seven women – some young, some older, all condemned as guilty by the state – gathered at Southwark crown court.

The group had already been convicted of criminal damage following an Extinction Rebellion (XR) action in April 2021 that involved breaking windows at the headquarters of Barclays Bank: a financial institution responsible for more than £4bn of fossil fuel financing during that year alone. “In case of climate emergency break glass”, read stickers they stuck to the shattered panes. Now they were being sentenced. After a long preamble, the judge eventually handed down suspended terms, sparing the defendants jail for the time being. But he used his closing remarks to condemn their protest as a “stunt” that wouldn’t help to solve the climate crisis. “You risk alienating those who you look to for support,” he warned.

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EUA prices consolidated on Monday after four successive daily declines last week had driven the market down by as much as 9.2%, as traders began to look ahead to the expiry of March futures and options contracts while energy prices wilted for a sixth day as renewables output was forecast to increase.

Calls for ministers to help industry cut emissions from items including washing-up liquid and laundry tablets

Chemicals used in everyday household items from washing-up liquid to laundry tablets are a huge hidden source of carbon emissions, according to a report.

The thinktank Green Alliance is calling on UK ministers to lead a green revolution in chemical manufacturing to cut the carbon footprint of everyday consumer products.

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Investigation finds cases of the wellness product, hailed for its anti-ageing benefits, being derived from cattle raised on farms damaging tropical forest

• What is collagen and why is it so popular in the beauty industry?

Tens of thousands of cattle raised on farms that are damaging tropical forests in Brazil are being used to produce collagen – the active ingredient in health supplements at the centre of a global wellness craze.

The links between beef and soya and deforestation in Brazil are well known, but little attention has been given to the booming collagen industry, worth an estimated $4bn (£3.32bn).

This story was produced with support from the Pulitzer Center’s Rainforests Investigations Network

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NSW Labor threatens to take state's energy industry back to the dark ages by suggesting it may buy the country's biggest coal generator in order to keep it open.

The post NSW Labor may buy Australia’s biggest coal generator to keep it open appeared first on RenewEconomy.