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London’s financial hub is urging businesses and people to buy carbon from the regulated UK ETS and cancel them permanently, rather than offset emissions through voluntary markets, as part of a new collaboration launched Monday.

Australia’s approach to estimating bushfire emissions is credible and sophisticated. But it must be refined as technology improves and the climate changes. Robert Hortle, Research Fellow, Tasmanian Policy Exchange, University of Tasmania Lachlan Johnson, Research fellow, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

Members of the European Parliament gave the thumbs up Monday evening to draft plans for harmonising the way transport emissions are counted in the EU, with a final agreement with member states not expected until after the June European elections.

The EU's 27 energy ministers committed on Monday to continue efforts to reduce demand for gas until the end of next winter by at least 15%, during a meeting in Brussels.

Prices failed to budge, liquidity was thin last week, and there was a mix of opinion about the direction of the voluntary carbon market, with sources reporting a flood of new offers posted while others noted the cupboard was starting to run bare of good quality.

A Canadian-headquartered voluntary offset project developer has partnered with an MRV technology firm run by one of its co-founders to pursue vertical integration amid a company rebrand and proposed dual share listing.

Carbon finance can be key in supporting farmers transition to regenerative agriculture, according to an investor working at the intersection of climate change and social impact.

A threat posed by a virus to the UK's sugar beet means a banned pesticide can now be used on seeds.

A large private investment house is seeking to scale up investments in nature restoration projects as part of a broader strategy to become a major player in the burgeoning biodiversity market, a company executive said.

Commodities trading house Trafigura on Monday announced it would purchase a major European road fuels and biofuel supplier.

A group of economists has put forward ideas to revise the EU’s Carbon Border Adjustment Mechanism (CBAM), arguing the law could be simplified by focusing only on preventing ‘carbon leakage’ across the entire economy rather than addressing specific sectors for which carbon emissions data may be hard to come by.

BBC presenter defends climate activists’ right to target MPs’ homes amid debate over politicians’ safety

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Downing Street has accused the BBC presenter Chris Packham of being “irresponsible” after he said Just Stop Oil had a right to protest outside the homes of MPs despite fears over politicians’ safety.

Rishi Sunak’s official spokesperson said the police would consider such demonstrations “intimidatory” and use their powers to move on protesters under a policing protocol agreed last week.

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Asset manager KraneShares will liquidate and terminate its flagship voluntary carbon market exchange-traded fund (ETF), according to a notice posted on Monday.

The governor of an oil producing state in Nigeria has announced the takeover of disputed forest land where the authority now wants to produce carbon credits, according to local media reporting.

The EU’s third-biggest carbon emitter, Poland, will need to almost double the amount of wind capacity it is currently installing annually, as well as use CCS, nuclear, and geothermal energy in order to reach net zero emissions by 2050, according to new research.

Invasive species could be worse than rabbits, cane toads, foxes, camels, wild dogs and feral cats combined, committee hears

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A Senate inquiry into the spread of fire ants in Australia has heard that the government program tasked with their elimination is an “absolute shambles” and that an independent eradication body is urgently needed.

The highly invasive insect is believed to have entered Australia in the 1990s and was discovered at Brisbane port in 2001. A program spanning state, territory and federal governments was created to eradicate red imported fire ants and it has received more than $1.2bn of federal and state funding. Of that, $593m covers 2023 to 2027.

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Leaks are driving 30% of the climate crisis and MethaneSat will provide the first first near-comprehensive global view

A washing-machine-sized satellite is to “name and shame” the worst methane polluters in the oil and gas industry.

MethaneSat is scheduled to launch from California onboard a SpaceX rocket on Monday at 2pm local time (22:00 GMT). It will provide the first near-comprehensive global view of leaks of the potent greenhouse gas from the oil and gas sector, and all of the data will be made public. It will provide high-resolution data over wider areas than existing satellites.

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Permission granted for judicial review after Planning Inspectorate overturned local council’s decision to reject plan

Campaigners have been given permission to challenge plans for a new oilfield in an area of outstanding natural beauty – which they say threatens one of England’s “hidden rural treasures”.

The proposed oil-drilling operation is in Biscathorpe in the Lincolnshire Wolds, an important habitat for nature and wildlife that has been officially designated an area of outstanding natural beauty (AONB).

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European carbon allowances shrugged off a recovery in natural gas in Monday morning trading, falling by the most in two weeks early in the session as speculators resumed aggressive selling, while wider energy markets eased lower on continued bearish fundamentals.

Large polluters will be required to have decarbonisation plans published by the middle of next year to be eligible for full Carbon Market Institute (CMI) membership or to be a lead sponsor at its events, the Australian industry body announced Tuesday as part of a policy shake-up.