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The summit in Egypt could be the world's best hope of progress on the climate issue, says Justin Rowlatt.

California Carbon Allowance (CCA) prices traded through a volatile week alongside Scoping Plan enthusiasm and broader market sentiment, while RGGI Allowance (RGA) prices continued a steady trek higher to levels not seen since the end of August.

The European Commission is launching the third call for large-scale projects under the EU ETS-funded Innovation Fund, confirming an earlier intention for the call to be at €3 billion.

A Toronto-based ESG investor signed a carbon credit streaming agreement with a developer to build a biochar pyrolysis pilot facility in Enfield, Maine, the companies announced Thursday.

The VCM is set to be the topic of several events organised on the margins of COP27 in Egypt this week, where experts are due to debate its merits over its weaknesses, while initiatives aimed at improving integrity highlight progress to date.

A Calgary-based investment firm is betting big on carbon credits under Alberta's Technology Innovation and Emissions Reduction (TIER) regime, seeking to significantly ramp up its offset holdings next year after a large capital raise.

COP27 is Australia’s chance to join the global climate effort, but we’ll need to bring more to the table to be taken seriously. Wesley Morgan, Research Fellow, Griffith Asia Institute, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Dams prevent platypus movements, which restricts the exchange of genes essential to maintaining healthy populations. Luis Mijangos, Researcher, Centre for Conservation Ecology and Genomics, Institute for Applied Ecology, University of Canberra Licensed as Creative Commons – attribution, no derivatives.

Italy's Enel reported a 45% increase year-on-year in EU ETS-covered fossil generation, while German firm Uniper published a record quarterly loss due to a cease in Russian gas imports, according to utility reports published Thursday across two of Europe's largest energy companies. 

US-headquartered offset developer and intermediary ClimeCo on Wednesday announced it has acquired the VER inventory and customer networks from a carbon credit retail firm that recently shifted its operational focus.

A Democratic sweep in Pennsylvania’s Nov. 8 election would not immediately spell an end to the state’s existing legal challenges to its RGGI-linked carbon market regulation, while there is no doubt what Republican control would mean for the future of the programme, experts told Carbon Pulse.

Neoen says battery storage revenue triples thanks to start of Australia's biggest battery, and flags higher prices for wind and solar contracts after market turmoil.

The post Neoen storage revenues treble to $100 million, driven by Australia’s biggest battery appeared first on RenewEconomy.

Teresa Ribera says she was ‘hugely surprised’ and saddened by PM’s initial refusal to go to Cop27 summit

The Spanish government has urged Rishi Sunak to demonstrate a clear commitment to fighting the climate emergency, describing the British government’s flip-flopping over the prime minister’s attendance of the forthcoming Cop27 summit as “sad” and “surprising”, given the UK’s global reputation and its current presidency of the conference.

Spain’s environment minister, Teresa Ribera, also said the “absurd”, heel-dragging political debate over climate change in the UK was “surprising and disappointing”.

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The share of greenhouse gas emission covered by carbon prices rose from 32% in 2018 to 40% in 2021, with average carbon prices rising in 47 of the 71 countries looked at, the OECD said in a report on Thursday.

A large volume of credits from a major Pakistan-based blue carbon project have been snapped up in auction to add to a flurry of trades this week.

The “misconception” that all forestry conservation (REDD+) projects are low quality is not true, according to a ratings agency that has classed more than 143 mln carbon credits as coming from projects with little risk of overstated claims, although they are still a minority of the offsets issued so far.

EU emissions fell by 5% in the last three months, as the energy crisis encouraged a speedier roll-out of low-carbon energy alternatives and high energy costs dampened industrial output in the bloc, according to real-time emissions tracking analysis.

Climate Finance Partners (‘CLIFI’), an innovative impact investment firm, is seeking an experienced and highly motivated analyst to help support its growing carbon investment business.

The decision comes after a video showed a wolf strolling past a family in a park.

As Pacific nations face the prospect of losing entire islands, the thought of leaving behind the bones of our ancestors is unbearable

• Before it is lost is series of essays from the Pacific islands

The first cyclone I lived through ripped open the graves on our island, pulled coffins from graves and unearthed the bones of my ancestors.

My sisters and I found a skull – a woman, we assumed based on the length of white wispy hair still attached. We thought at first it was a coral rock, but we realised quickly that she was once one of us.

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