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A daily summary of our news plus bite-sized updates from around the world. 

California Carbon Allowance (CCA) prices again broke all-time records this week, although on notably smaller volumes, while Washington Carbon Allowance (WCA) prices continued to decline with a dearth of market activity.

A UK-based global mining company is backing a Chilean developer presenting what it claims to be the nation's first blue carbon offset project, developed alongside a university and aquacultural innovation centre.

Clean Energy Investor Group warns solar projects in parts of NSW and Victoria face big hits to revenue, as "old issues around MLFs come back to haunt the industry."

The post Solar farms face “large, unpredictable” revenue swings as marginal loss factors strike again appeared first on RenewEconomy.

Over 100 Vermont legislators have sponsored two companion bills targeting the fossil fuel industry to compensate for their greenhouse gas (GHG) emissions, with the resulting revenues to be used for climate infrastructure developments in the state.

The US Department of Energy (DOE) on Wednesday confirmed signage of the $1.1 billion credit payment to extend the operation of California’s Diablo Canyon power plant in pursuit of a carbon pollution-free electricity sector by 2035.

Consistent with AEMO's own modelling, our new analysis reconfirms there is no material electricity reliability gap for NSW if Eraring closes on schedule.

The post Stick to the plan: Lights won’t go out when Eraring closes on schedule appeared first on RenewEconomy.

A US academic institution that was recently awarded Department of Energy (DOE) funding, will receive assistance from a global building materials manufacturer and a technology research firm to scale its industrial carbon capture initiative.

Over two dozen insurers and reinsurers have stated that they have no plans to offer insurance to a controversial proposed oil pipeline in East Africa, according to a coalition of environmentalist groups opposing the project.

US Senate Commitee on Environment and Public Works approved the PROVE IT Act on Wednesday, which seeks to gather and compare emissions data from the production of a variety of products in the US and a number of other countries.

Permission to treat sugar beet seeds with a pesticide that can harm bees is given by the government.

An essential part of managing a growing global waste problem is sorting, recovering and recycling it. But you won’t see this on children’s shows that feature waste collection. Salman Shooshtarian, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Licensed as Creative Commons – attribution, no derivatives.

The vast majority of the European Parliament's members called on the European Commission to unlock geothermal energy across the bloc, in a vote in Strasbourg on Thursday.

EU parliamentarians have “blindly followed the Science Based Target initiative (SBTI)” after voting to endorse an EU deal to ban misleading carbon neutral claims if they rely on carbon credits, a lawyer warned Thursday.

A carbon credit insurance startup has teamed up with a digital carbon sales platform to offer pre-insured carbon credits, aiming to promote transparency regarding potential risks to buyers in the  voluntary carbon market (VCM).

Carbon border adjustment mechanisms (CBAMs) are second best compared with a global carbon price, Norway’s foreign minister Espen Barth Eide told delegates at Davos on Thursday.

Tata Steel on Thursday rejected a workers’ union plan to keep its Port Talbot blast furnaces running, confirming its intention to reduce its carbon footprint by switching its energy source from coal to electricity.

A clean tech company and a supplier of high-grade refractory products are advancing plans to build a capture carbon and utilisation facility in Austria to make industrial products.

A US environmental non-profit outlined policy solutions in a report released Thursday to address the expansion of storage facilities and truck hauls in light of rising demand for shorter delivery durations, which has placed unequal health disparities on low-income households and communities of colour in New York.

The European Commission will propose a goal for the EU to cut greenhouse gas emissions by 90% by 2040, Bloomberg reported citing anonymous sources, in line with scientific recommendations and a previous hint by the EU climate chief.