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RGGI Allowance (RGA) prices vaulted above the 2023 Cost Containment Reserve (CCR) trigger price on Tuesday afternoon and set a new all-time high in the process, following officials from the power sector cap-and-trade programme discussing the finer points of recent modelling to tighten the scheme.

After marathon deliberations, a Colorado regulatory body approved rulemaking late Friday for a market-based programme with facility-specific emission reductions from large in-state manufacturers, adopting amendments from business leaders and a longer lead time for the regulations to take effect.

If a whale comes across a patch of kelp, it may well start playing with it. This practice may also be useful to rid whales of unwanted passengers. Olaf Meynecke, Research Fellow in Marine Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.

First Environment, a nationally recognized, multidisciplinary consulting and engineering firm, is seeking a Greenhouse Gas (GHG) Management Professional to contribute to the continued growth and development of its GHG management consulting and verification practice

First Environment, a nationally recognized, multidisciplinary consulting and engineering firm, is seeking a project administration specialist to support its Greenhouse Gas (GHG) Management team and contribute to the continued growth and development of its consulting and verification practice.

Accounting rules are important, but, in a system where the fossil fuel industry is receiving a $7 trillion annual subsidy without any accounting rules whatsoever, fixing small historical inaccuracies and solving for complexity in what is now a micro-industry of REDD+ is far more constructive than ripping down the whole notion of environmental markets, writes Charles Bedford of Carbon Growth Partners.

The central bank of Singapore and a leading consulting firm jointly released a working paper on Tuesday that proposed a new asset class of carbon credits to accelerate the early retirement of coal-fired power plants (CFPPs).

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).

EU electricity market design reforms (EMR) will only see the light of day if member states, namely France and Germany, find compromise and let go of currently unsustainable practices, according to experts calling for a quick resolution to deadlocked negotiations amid signs that tensions are easing between the two largest economies in the bloc.

Tiny crustaceans described as ‘the bioequivalent of a Dyson vacuum cleaner for wastewater’

Tiny water fleas could play a big role in filtering out drugs, pesticides and industrial chemicals from wastewater to make it safe, according to scientists.

“We’ve developed our bioequivalent of a Dyson vacuum cleaner for wastewater, which is very, very exciting,” said study co-author Karl Dearn, a professor of mechanical engineering at the University of Birmingham.

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A sharp drop in forecast emissions in the EU ETS out to 2030 compared to pre-Covid forecasts, together with the expected additional supply of allowances to be released under the REPowerEU policy, has led a large bank to slash its EUA price forecast by 11% for 2023, with larger reductions in its predictions in subsequent years out to 2027.

A London-based investment firm, fresh from raising $1.5 billion, is targeting Brazil as it launches its new nature-based strategy featuring carbon projects as well as commodity production, it announced Tuesday in a move designed to complement an earlier focus on decarbonising heavy industry.

SMEs will not want to implement the recommendations of Taskforce on Nature-related Financial Disclosures (TNFD) unless they are “defogged”, a construction company has said.

Experts on the UNFCCC process have expressed scepticism that buyers are immediately lining up to buy Article 6-ready REDD+ results, which are expected to be offered to the market in the near future by at least three rainforest nations, though they suggested that there may significant future demand for such jurisdictional units if their use is fully established for transfer under the Paris Agreement.

Two bird conservation groups and the Development Bank of Latin America and the Caribbean (CAF) are seeking to raise $3-5 billion over the next decade, including through a new bond, to launch more than 30 projects to reverse the decline of migratory birds in the Americas.

A programme for building nature projects up to investable standard is receiving funding from the UK government, but biodiversity credit-related initiatives will not initially be eligible.

In the mythology of birds, some can bring luck, others rain. But when that famous laugh portends a snake in the grass, it’s hard to deny

Kookaburras don’t usually laugh in the daytime. Their calls ring out at dawn and dusk, a raucous chorus that can provoke homesickness in any Australian unfortunate enough to be stuck in country with less interesting birds.

But at midday on a clear day in January, a kookaburra’s laugh gives you pause. Enough to notice the brown snake moving quietly through the grass a few feet away, intent on business that does not concern you but might if you carried on unawares and accidentally trod on it.

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Development of the UK Saltmarsh Carbon Code is being accelerated, with a first pilot version expected in late-2024, as experts come together to reach consensus around how to measure and validate the carbon sequestration rate of different saltmarsh ecosystems, a conference heard on Tuesday.

Thinktank Create Streets calls for people to be allowed to grow plants and trees in barren urban areas

A right to plant and grow trees and other greenery in public spaces should be given to people across Britain, an adviser to Michael Gove has said.

Nicholas Boys Smith, who heads the Office for Place in Gove’s Department for Levelling Up, Housing and Communities (DLUHC), also chairs the thinktank Create Streets, which has released a report calling for more greening of cities.

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Food and beverage companies will be able to track progress against their science-based emissions targets down to ingredient level, with an improved software platform released on Tuesday by a sustainability intelligence company.