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Financial players pared back their California Carbon Allowance (CCA) and RGGI Allowances (RGGI) net length over the week, as Washington Carbon Allowance (WCA) futures and options holdings became available for the first time, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

Proving marine CO2 removal in the field is necessary to scale the nascent technology, but further private sector funding and government support are needed for the development of research, expert panel says.

Legislation outlining regulation of the voluntary carbon credit market passed Paraguay's Senate this week by a significant margin following a number of amendments, and now goes to the country's Chamber of Deputies before it can become law.

EU energy ministers are due to meet on October 17, aiming to get closer to a deal on a divisive reform of bloc's electricity market design that has gotten bogged down partly due to a row over whether to extend capacity payments for coal power. 

This year’s 40th annual survey of the way we think reveals a country that, for all its flaws, is more liberal and more social democratic than before

The problem with modern Britain, said Liz Truss in a recent interview, is that it remains in thrall to social democratic ideas ushered in by New Labour in 1997 and which the Conservatives have not been bold enough in combatting or reversing. This will have been news to much of the public, particularly those who remember the long years of Conservative austerity after 2010 and the Tory party’s self‑expulsion of Britain from the European Union after 2016. Neither of these dominant events of the last 13 years was a flagship social democratic policy last time we looked.

Yet Ms Truss is almost right in one respect. The British public has been moving slowly and steadily in a more social democratic direction in recent years. The publication this week of the 40th annual British Social Attitudes survey provides some of the evidence. It reveals, for instance, that the public does not only want government to fund health care and pensions, it also wants it to reduce income differences between the rich and the poor. The public supports further increases in taxes and spending in order to fund public services too, in spite of the fact that taxes are already high by historic standards.

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California Low Carbon Fuel Standard (LCFS) credit values rebounded on Thursday from a six-month low set earlier in the week after a major electric vehicle manufacturer reportedly stopped selling units.

The Taskforce on Nature-related Financial Disclosures (TNFD) must “urgently” consider metrics beyond MSA, an executive at environmental consultancy Ramboll has said, while suggesting that Britain's net gain mechanism offers a more robust approach. 

A carbon credit rating agency has warned against a headlong rush into commoditising carbon credits as the ICVCM prepares to tag the first categories of unit with its CCP integrity label, which is expected to reassure corporates that each credit is worth a tonne of C02.

Malta and Spain have urged the EU to add further foreign ports to a list found to have experienced a jump in activity, ahead of the bloc's inclusion of the shipping sector in the ETS from 2024 in a bid to guard against carbon leakage.

The economics of solar batteries has changed considerably in recent years, and could now reduce your total power bill – and emissions

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For many years, the idea of installing home batteries in Australia was, to put it bluntly, a bad deal.

Salespeople would spin numbers in their favour, conveniently ignoring the 20-plus-year payback period on a battery with just a 10-year warranty.

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Right this way, sir

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Exclusive: two PR professionals from national oil firm listed as providing ‘support’ to team running UN climate summit

Senior executives from the UAE’s national oil company are working with the Cop28 team as the country ramps up its PR campaign ahead of the major UN climate summit later this year, leaked internal records show.

Two PR professionals from the Abu Dhabi National Oil Company (Adnoc) are identified as providing “additional support” to the team running the summit, according to a Cop28 communications strategy document obtained by the Centre for Climate Reporting (CCR) and the Guardian. It adds to growing evidence of blurred lines between the UAE’s Cop28 team and its fossil fuel industry.

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Brazil's supreme court has blocked efforts to dramatically strip back Indigenous land rights in what activists called a historic victory for the South American country's original inhabitants. Nine of the court's 11 members voted against what rights groups had dubbed the 'time limit trick' - an agribusiness-backed attempt to prevent Indigenous communities claiming land they did not physically occupy in 1998

• Brazil supreme court rules in favor of Indigenous land rights in historic win

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An aggressive UAE-based carbon credit developer has signed a Memorandum of Understanding with the Gulf nation’s biggest bank aimed at advancing green investments as the country gears up to host this year’s UN climate negotiations.

The prime minister is out of step with voters, who want to see bold action on the climate crisis, leaving an opening for Keir Starmer

On Tuesday, the UN secretary general, António Guterres, told the annual gathering of world leaders at the UN general assembly that on the climate crisis, “actions are falling abysmally short” and that leaders should take “drastic steps now”. He also reminded the world that G20 countries were responsible for 80% of greenhouse emissions and that “they must lead”.

But Rishi Sunak was elsewhere, the first British prime minister in a decade to miss this opportunity to show international climate leadership. And just hours after the speech, news broke of his plans to weaken domestic climate commitments.

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EU carbon prices headed for their biggest five-day increase in six weeks, as prices gained momentum from the combination of a short squeeze as well as a sharp rise in natural gas prices amid the end of labour strikes in Australia and a renewed focus on North Sea output.

Campaigners hit out at government for ‘ignoring science’ as it considers allowing use of a toxic neonicotinoid

Bee-killing pesticides have been found at dangerous levels in English rivers, as the government considers allowing the use of one that is banned in the EU.

Environmental groups and farmers are waiting to hear whether a toxic neonicotinoid, thiamethoxam, will be approved by the government for English sugar beet farms for a fourth consecutive year. Wildlife campaigners say it is “unacceptable” that ministers have “ignored the science” and allowed the use of these dangerous chemicals.

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Allowances in the Chinese emissions trading scheme this week rose to their highest level since the market launched two years ago, as the approaching compliance deadline for 2021 and 2022 continued to fuel steady demand.

Policy and direct investment need to match interest and rhetoric if hydrogen is to become a genuine source of large-scale clean energy, and project delays are to be expected given “stubborn” cost pressures, the International Energy Agency said Friday.

The expansion of the BRICS bloc is going to transform the group into a global leader in renewables, making it a net exporter of primary energy in the coming decades, according to a report released this week.