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California Governor Gavin Newsom (D) this weekend declined to sign a Senate bill that would have tightened regulations for voluntary carbon offset marketers by subjecting them to the state's advertising law.

Negotiators for the European Commission, the European Parliament, and the Council of EU member states met on Tuesday to discuss methane emissions reduction in the energy sector, aiming to narrow divisions over the extent the EU should regulate gas imports.

Around 3.5 million carbon credits have been bid and offered on the Climate Impact X (CIX) trading window for its Nature X nature-based solutions index since its June launch, the company announced Tuesday, highlighting the growing competition for benchmarking voluntary carbon market products.

Allowance volumes offered at RGGI’s Q4 auction will increase to the highest point since the first quarter of this year, the power sector cap-and-trade scheme’s notice showed Tuesday, with Virginia primed to participate in its last ever sale.

The costs of switching to greener fuels for the container shipping sector currently exceeds the costs of purchasing EU ETS allowances and may continue to be higher even if carbon prices rise,  bank analysts said in a report published on Tuesday that outlined how the sector's entry into carbon market from next year is expected to lead to a 20-40% rise in freight rates.

Researchers have developed gene-edited chickens that are partially resistant to bird flu.

The two largest voluntary carbon credit buying sectors over the past three years have seen significant declines in retirements in 2023, registry data collated by an analytics firm shows, at the same time as integrity initiatives look to shore up confidence in the market.

Despite it being taboo and illegal to kill critically endangered primate, 30% of villages have evidence of killing in ‘last five to 10 years’

Orangutans on the island of Borneo continue to be illegally killed, likely in large numbers, even when there are nearby projects to save the critically endangered primate, according to new research.

Despite the taboo and illegal nature of killing orangutans, researchers heard evidence of a direct killing from at least one person in 30% of 79 villages surveyed in Indonesia’s Kalimantan region.

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European carbon advanced strongly on Tuesday morning, reaching a ten-day high as the market began to catch up with a 22% leap in front-month natural gas prices since Friday, which traders said has triggered some degree of EUA short-covering among speculative investors.

World gas demand is set to grow in developing nations across Asia and the gas-rich parts of Africa even as legacy buyers ramp down their imports to focus on power supply from renewables and nuclear, according to the International Energy Agency (IEA).

A US-based startup company has raised $3.2 million to help build an exchange to host trade in multiple tokenised carbon credits intended to boost market liquidity.

The Executive Board of the United Nations Clean Development Mechanism (CDM) has approved a hydrogen baseline and monitoring carbon crediting methodology proposed by a Chinese hydrogen company and the country’s biggest state-owned wind power producer and main carbon exchange.

Poland’s election outcome this weekend may lead to more support for renewables in the country if the main opposition receives enough votes to form a coalition government, but a clear coal phaseout date is not likely to be set by either of the main political parties.

A twice-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).

An annular solar eclipse will cross North, Central, and South America on Saturday.

The UK government is preparing to consult with stakeholders in the coming months on introducing a supply control mechanism to the UK ETS, but has not proposed any short-term measures to prop up the price of UK Allowances after their 50% drop this year, a government minister reportedly said last week.

Much has changed already under Lula da Silva’s presidency, but this vast country does not receive the attention it deserves

British interest in Latin America, and its biggest country, Brazil, has been disgracefully fitful. It woke up when Luiz Inácio Lula da Silva narrowly beat Jair Bolsonaro, the disastrous tree-felling extreme rightist, last October. It even caused the BBC to lead its morning news bulletin in January, when a mob inspired by Bolsonaro and the example of the Capitol riot in the US two years ago attempted to take over the centre of Brasília.

But what is really going on in this vast country of 203 million people? How was it that Bolsonaro, an obscure congressman who had dedicated a vote to impeach President Dilma Rousseff, Lula’s leftist successor, and was a frank admirer of the dictatorship that Lula and Rousseff had struggled to overthrow, ever got elected as president in 2018?

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A Japanese climate tech firm has paired up with several financial institutions to raise 2 billion yen ($13.5 million) in order to strengthen and expand its business, it said on Tuesday.

A New Zealand study has found that a biodiversity market could be a viable, credible solution to encouraging farmers and landholders to making their business climate resilient and meeting environmental expectations, compared to traditional debt funding models.

The ACCC approval of Brookfield's bid for Origin is a landmark for Australia, given it is the first time climate change has trumped competition concerns.

The post ACCC chooses climate over competition for first time in landmark Origin ruling appeared first on RenewEconomy.