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The former boss of a Canadian-based voluntary carbon credit aggregator has been reappointed as the company's head after the new president and CEO stepped down just three weeks into the job.

The European Commission has abandoned the idea of creating a new EU Sovereignty Fund in favour of setting up a platform to support the bloc's leadership on critical technologies using only existing cash sources, the executive body announced on Tuesday.

Thinktank suggests projects could deliver one-fifth of savings needed from farming, but agriculture experts cast doubt on idea

Rewetting about half of England’s lowland peat would be enough to deliver a fifth of the greenhouse gas emissions savings needed from the country’s farming by 2030, research suggests.

Rewetting peat would also help restore habitats for birds, wildlife and plant species. But farming experts strongly dispute the potential for such projects.

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RGGI Allowance (RGA) values languished through a narrow range as a lack of momentum pervaded the Northeast US power sector carbon market over the last five days.

The global tennis tour organisation, ATP, has launched an app which will allow professionals to track and then offset their travel emissions by purchasing carbon credits.

Governments need to represent us, not fossil-fuel profiteers. We need plans to phase out fossil fuel production and emissions

Canada is on fire from coast to coast to coast. Thousands have been evacuated, millions exposed to air pollution, New York a doom orange and even the titans of Wall Street choking.

Catastrophic flooding in Pakistan, back-to-back cyclones in the Pacific islands and droughts in Africa haven’t been enough to create a tipping point for action. Now that climate impacts have hit the economic capital of western power, will it spur governments in the global north to get serious?

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EU environment ministers reached an agreement on Tuesday on the proposal for a nature restoration law, moving ahead of the divided European Parliament in the bloc's parallel lawmaking process.

Average CO2 emissions of new cars and vans in Europe dropped for a third consecutive year in 2022, according to provisional data published Tuesday, with pure EVs or hybrids representing nearly one in four car registrations.

European carbon climbed to a three-day high on Tuesday as the market began to focus on Wednesday's June options contract expiry and also drew support from renewed strength in natural gas.

Investigation of meat sourced by Polish firm that sells frozen poultry to Lidl, Asda and Iceland raises superbug concerns

A major supplier of chicken to UK supermarkets is sourcing birds dosed with antibiotics “critical to human health”, according to a new investigation, as concerns grow about the spread of deadly superbugs.

The Bureau of Investigative Journalism (BIJ) found that the Polish meat business SuperDrob, which sells frozen poultry products to Lidl, Asda and Iceland, is sourcing chicken from farms that use fluoroquinolone antibiotics, classified as “critically important for human health” by the World Health Organization (WHO). Fluoroquinolones are often used to treat serious salmonella infections in humans.

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Voluntary carbon market actors are teaming up to help de-risk investments, with two firms developing jurisdictional-level policy risk assessments for carbon credit buyers while two more work on getting early-stage project development to be comprehensive enough to insure.

Exclusive: Kristalina Georgieva calls for ‘debt for climate swaps’ ahead of world summit on new global financial pact

Poor countries hit by climate disaster should not be forced to struggle with crippling debt payments, the head of the International Monetary Fund has urged before a global summit on climate finance.

Kristalina Georgieva, managing director of the IMF, said providing debt relief to countries suffering from extreme weather was a matter of urgency. Extreme weather is hitting harder around the world, and countries already facing debt mountains cannot afford to service their debts, particularly at a time of high interest rates.

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China appeared to strike a milder tone regarding its opposition to the EU's carbon border adjustment mechanism (CBAM) at this month's WTO talks, though the country's next step against the planned carbon border measure remains unclear, according to analysts.

Australia’s world-first nature repair market legislation is in jeopardy following the opposition Coalition’s decision to withdraw its support.

The world's ten major multilateral development banks (MDBs) have published a set of joint methodological principles to ensure the alignment of their new operations and financial flows with the mitigation and adaptation goals of the Paris Agreement.

It is now clear that Russian forces have no real strategy, only brutal tactics to wipe out a people and a culture

The 468th day of the invasion. Downtown Kyiv. 2am. Over the past 35 days, my wife, Olena, and I have discovered a new way to sleep. Our bodies have become so accustomed to constant night-time air-raid alerts that now we balance on the edge of a deep sleep, which guarantees at least a little rest, and employ special listening techniques throughout the night. The whole body morphs into one big ear. And in a moment, the sound of an approaching rocket will pull us from a heavy slumber.

We don’t need words. As usual, we jump out of bed and in a few leaps fly from the bedroom to the corridor. The two-wall rule creates an illusion of safety. No walls could save us from a direct hit by an Iranian Shahed drone or a Russian missile. However, there is a placebo impression, that at least it will protect us against the blast wave and glass fragments.

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Pollution and extraction of water are having a huge impact on local communities. High rates of cancer and respiratory problems are the norm, while marshes dry out and fish die in the rivers

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The Clean Energy Regulator has issued some 1.1 million Australian Carbon Credit Units (ACCUs), the largest single issuance in 2023 thus far and with human-induced regeneration (HIR) projects back among recipients, as the head of Australia’s energy market warned the country is not investing in renewables fast enough in line with its climate goals.

Author of landmark UK review into the economic value of nature joins UN environment chief in calls for ‘action, not just words’ on biodiversity goals

Humans are exploiting nature beyond its limits, the University of Cambridge economist Prof Sir Partha Dasgupta has warned, as the UN’s environment chief calls on governments to make good on a global deal for biodiversity, six months after it was agreed.

Dasgupta, the author of a landmark review into the economic importance of nature commissioned by the UK Treasury in 2021, said it was a mistake to continue basing economic policies on the postwar boom that did not account for damage to the planet.

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Investors are willing to build offshore wind in German waters without state support, and will now even have to pay to be awarded a contract.

The post Bidders in Germany’s largest ever offshore wind auction forgo subsidies appeared first on RenewEconomy.