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California Carbon Allowance (CCA) positions held by financial firms increased slightly over the past week, but the week-on-week gains slowed considerably after seeing a torrid pace over the previous month, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Ecology experts say failure to hit five-year goals concerning although feral cat progress promising

A Coalition government strategy to save Australia’s endangered wildlife has failed to meet targets to stem the decline of many birds, mammals and plants.

The final-year report of the five-year threatened species strategy, which was introduced under the former environment minister Greg Hunt, has found five out of the strategy’s 13 targets were met, three were partially met and five were not met.

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A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in federal methane regulations, California, and Iowa. 

EUAs stretched their five-week rally on Friday after a strong auction, but then slipped back on pre-weekend profit-taking to notch a solid 6.1% weekly gain to leave prices within reach of their record.

California gasoline consumption recorded the first year-on-year rise for 13 months in March, but the COVID-19 pandemic is continuing to push Golden State gas fuel demand beneath historic levels, according to state data released this week.

‘Eco schemes’ to be supported are undefined and three-quarters of €387bn CAP budget will go to intensive farming, say critics

The environmental claims of a newly agreed €387bn (£330bn) EU farming subsidy policy have been described as a “paper reality”, despite a commitment that a quarter of its budget will be spent on “eco schemes”.

A new five-year common agricultural policy (CAP) was provisionally agreed by the European parliament, European Commission and the 27 member states on Friday after two and a half years of negotiations.

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Chinese researchers unveil an ancient skull that could belong to a completely new species of human.

Several economic advisors to the French government have suggested an EU carbon central bank as an alternative to a price corridor to manage long-term carbon price stability, according to a paper released on Friday.

Small refineries regulated under the Renewable Fuel Standard (RFS) do not need to continuously receive compliance waivers to qualify for such relief in future years, the US Supreme Court ruled Friday in a split decision that overturned a lower court ruling.

Bringing buildings and road transport into the EU ETS would be “political suicide” because of the cost the bloc’s poorest families would bear, according to the European Parliament’s environment committee chair.

Bhutan has submitted an updated NDC to the UN, pledging to remain carbon neutral but also planning a number of climate initiatives that it plans to finance in part through a carbon fund and a domestic REDD+ programme.

The best of this week’s wildlife pictures, including a newborn fallow deer fawn and an elephant in the room

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This role is accountable for supporting the Group’s approach to climate change through the continuous development, management and implementation of a climate action plan in line with the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD).

Singapore Airlines and its low-cost subsidiary Scoot on Friday launched a voluntary offset programme for its passengers, which will be extended to cargo customers from next month.

Organization: CAN Europe Position: Finance & Subsidies Policy Coordinator Duty Station: Europe Deadline for Application: 11 July 2021

Organization: Face the Future Position: Forest Carbon Advisor Duty Station: Wageningen, Gelderland, Netherlands Deadline for Application: 9 July 2021

Researchers say temperatures, already the highest in the past 20,000 years, could increase by up to 10F by 2100

Yellowstone, established in 1872, is famous around the globe for good reason: it’s the oldest national park in the United States and one of the most popular.

But a new report issued this week shows how Yellowstone’s near pristine environment, with attractions like the Old Faithful geyser and herds of bison, is under threat from global heating.

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South Korea offered almost 5.6 million KAUs at its last permit auction before next week’s 2020 compliance deadline, but sold fewer than 1% of the units as the market is heavily oversupplied.

Adani's Carmichael project struck coal this week, 10 years behind schedule. It must now try to flog one of the dirtiest of fossil fuels to a world that has moved on.

The post Adani strikes Carmichael coal, but does the world even want it? appeared first on RenewEconomy.

AEMC moves to reject bid by large-energy market incumbents to centralise the control of medium-scale wind and solar projects.

The post AEMC proposes to reject bid for greater market control over small generators appeared first on RenewEconomy.