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European carbon prices traded in a tightly-defined range for a third session as the summer holiday season swung into its peak period, with technical support and resistance levels compressing slightly as the market's volatility has calmed, while UK Allowances were little changed after a landslide election result ushered in a centre-left government that is expected to increase action on climate issues.

The European Commission must develop a heating and cooling plan in order to meet its 2030 decarbonisation goals and prepare for the introduction of a dedicated Emissions Trading Scheme (ETS) for heating and transport, a coalition said this week.

The Vietnamese government has proposed tax exemptions on revenue earned through carbon credits and green bond interest in an effort to bolster the development of its domestic carbon market, local media reported Friday.

The deployment at scale of carbon capture and storage (CCS) across Europe will require stronger cross-border connections, with CO2 transport pipelines and regulated markets seen as the next big challenge by industry experts.

China's national carbon market saw its price continue to fall over the past week with shrinking liquidity, though observers expect a resurgence in trading activity in the coming months after the government finally released a draft allocation plan for 2023 and 2024 this week.

Credits in forest conservation can become "trailblazers" for high integrity, despite being the focus of multiple scandals over the past few years, an expert in nature-based solutions has told Carbon Pulse.

Papua New Guinea will introduce a 7% fee on the proceeds of carbon credit sales this month, the government has announced, in order to raise desperately needed cash from mitigation and adaptation activities.

Working group to look at where birds might be introduced and engage with boroughs and local community in capital

White storks could soon be wheeling in the skies above London and building their huge nests among towers, flats and spires as a result of new rewilding plans.

After the success of the charismatic birds’ successful reintroduction into southern England since 2016, a white stork working group has been established to seek out habitat and gauge the political will to reintroduce the birds to Greater London.

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Labour’s victory, alongside strong Green performance, gives next PM mandate to act boldly on net zero, say campaigners

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Labour’s victory in the general election must mark the start of the UK’s transformation to a green and low-carbon economy and society, campaigners and experts have said as the scale of the election win became clear.

The Conservatives’ U-turns on the environment had been “as popular with voters as a root canal”, according to Greenpeace, as the party sank to its worst electoral defeat in modern times.

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Plan Vivo has updated its carbon credit standard and opened it for public consultation ahead of submitting its application to the Integrity Council for the Voluntary Carbon Market (ICVCM) to comply with the Core Carbon Principles (CCP).

The best of this week’s wildlife photographs from around the world

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Chinese steelmakers could reduce the costs they have to pay under the EU's Carbon Border Adjustment Mechanism (CBAM) by more than 70% if they implement timely emissions reduction measures, a report has found.

One of Australia's most hotly contested wind projects takes interesting turn, as developer fights for more turbines, and planning authorities grapple with cost assessments and phantom dwellings.

The post Fate of contested Hills of Gold wind project delayed again as developer fights for more turbines appeared first on RenewEconomy.

In the same week as a major coal mine fire, weak rules may cause millions of tonnes of greenhouse gases to simply vanish from national inventories.

The post In the fog of Grosvenor fire, has Labor gone backwards on coal mine methane emissions reporting?  appeared first on RenewEconomy.

"The alternative is too horrible." Cathy McGowan calls for National Rural policy to forge path for renewables in agriculture and end the fear mongering.

The post Cows under panels and energetic pig farts: Farmers want to get more out of renewables appeared first on RenewEconomy.

It has been particularly cold this week, with a record low temperature recorded in Tasmania. Such records are increasingly rare as average temperatures continue to rise. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Nationals win Senate vote for inquiry into Labor's offshore wind consultations as they push for nuclear-powered hydrogen cars and describe floating wind as a "unicorn tech."

The post Labor faces Senate probe into offshore wind, as Nationals push for nuclear-fuelled hydrogen cars appeared first on RenewEconomy.

Amber Electric’s Chris Johnston on new push to have EVs use their batteries on wheels to support homes and the grid, and play utilities at their own market game. Plus: News of the week.

The post Energy Insiders Podcast: Batteries on wheels are coming appeared first on RenewEconomy.

The hot topic of nuclear energy does not appear on the agenda of Queensland's Liberal National Party annual convention.

The post Queensland LNP excludes nuclear from agenda at conference ahead of state election appeared first on RenewEconomy.

The net credit surplus in Washington’s Clean Fuel Standard (WCFS) soared towards the 1-million mark in the fourth quarter of 2023, with growth in electricity surpassing ethanol crediting, accompanied by declines in gasoline and diesel volumes, state data showed.