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Rule that manufacturers must make increasing amount of zero emissions vehicles could be weakened, business secretary hints

Kemi Badenoch has raised concerns that electric vehicle targets could hamper investment in Britain and lead to job losses, in a sign that another of the government’s green pledges could face an uncertain future.

The business and trade secretary was discussing the vehicle industry’s concerns with colleagues regarding a rule to be introduced in January, which requires manufacturers to ensure that at least 22% of new sales in the UK are of emissions-free models, rising each year to reach 80% by 2030.

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The top two California Low Carbon Fuel Standard credit holders increased their share of the programme’s surplus credit bank over the six months ended in March, with the number two player’s holdings expanding the most, according to government data filed Monday.

Japan-based airline ANA on Tuesday announced it will purchase tens of thousands of tonnes of carbon removals from a direct air capture project in the Lone Star State.

Spot carbon credit prices under the Alberta Technology Innovation and Emissions Reduction programme ticked up slightly in July, but stayed well within a months-long range amid summer trading doldrums, according to a report published Tuesday.

The Northeast and Mid-Atlantic US RGGI power sector cap-and-trade system saw CO2 emissions decline once again during the second quarter due to sizable abatement at facilities in Maryland and New York, programme data showed Tuesday.

Two US forest carbon firms on Tuesday announced they will collaborate to provide smaller, non-industrial landowners across 13 Southeastern states the opportunity to participate in voluntary offset markets.

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A director at voluntary carbon market experts Climate Impact Partners has parted ways with the firm just a year into the role.

A pool of older offsets will have their eligibility extended for application under the South African carbon tax, according to a draft amendment released this week in a move that could boost supply in the domestic-only market that has seen offset use fall away over the past year.

Australian mining entrepreneur Andrew Forrest criticises ‘clickbait’ fossil fuel plans as others say Britain has lost credibility

A billionaire global investor has led international condemnation of the UK’s new oil rush, saying he would pull his major investment from the country if the prime minister pursued “clickbait” fossil fuel policies.

The Australian iron ore entrepreneur Andrew Forrest, who also runs the Minderoo Foundation philanthropic organisation, threatened to move his investments out of the UK over Rishi Sunak’s swivel towards new oil and gas drilling.

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Nordic nations dominate the top of a green technology index produced by the Massachusetts Institute of Technology (MIT) Review published on Tuesday and ranking 76 nations and territories on their progress toward a sustainable and low-carbon future.

The European Commission has adopted rules that will eventually require all listed companies operating in the EU to disclose their impact on the environment and how the climate affects their operations.

Despite grave new warnings about the depth of the climate crisis, plutocrats are fighting to keep their profits – and our PM is with them

To understand this moment, we have to recognise that there is an existential struggle on both sides. While environmental scientists and activists fight for the very survival of the habitable planet, the fossil fuel, meat and internal combustion industries are fighting for their economic survival. Either they are regulated out of existence or human society across much of the world will fail. We cannot all win: either these industries survive or we do. But we can all lose, because, eventually, they will go down with the rest of us.

But “eventually” counts for nothing in their spreadsheets and annual reports. “Eventually” has no effect on share prices and dividends. “Eventually” has little traction in a four- or five-year political cycle. So, as the evidence of climate breakdown becomes undeniable to all but the most deluded, the pollutocrats must fight as never before. There was once a widespread belief (which some of us cautioned against) that governments would step up when – and only when – disaster struck. But it is precisely because disaster has struck, visibly and undeniably, that they are stepping down.

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Bulgaria’s supreme court deferred a decision on Tuesday that could have shut down one of the biggest coal power plants in the EU ETS, according to green groups frustrated that their long-running air pollution battle is now set to continue.

A signal sent in error left Voyager 2's antenna tilting the wrong way, severing contact with Earth.

The Philippines was hit with torrential rain over seven days, brought by Typhoon Doksuri and intensified by Typhoon Khanun. Low-lying villages to the north of the country were the worst affected, houses were left submerged in water and residents were forced to travel by small wooden boats and roads were inundated. The Philippines is an archipelago of more than 7,600 islands, vulnerable to high winds and torrential downpours

• Philippines: 26 people killed after overloaded ferry capsizes amid Typhoon Doksuri winds

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European carbon began the month of August on a mixed note on Tuesday, with early strength giving way to sustained selling that drove prices to a new 11-day low even as the first of the month's reduced-volume auctions took place, while UK Allowances dropped to their lowest in two years as the outlook for demand continued to worsen.

A collective of more than 150 companies and associations has called on the French government to make the regeneration of nature the focal point of its laws regarding development, in a column in Le Monde published Tuesday.

The founders of a carbon exchange are counting on an upswell of compliance carbon pricing to drive demand for carbon credits in the coming years, with the EU's carbon border adjustment mechanism (CBAM) expected to speed a global expansion and ratcheting up of carbon pricing schemes and the eventual convergence of the voluntary and compliance markets.

A Luxembourg-based ocean fund has increased its funding target after attracting €30 million from an insurance company, while investing in a Norwegian tech firm specialising in harvesting seafood from the seabed without harming ecosystems.