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California should better detail its proposed allowance budget cut scenarios with the necessary adjustments in supply as it relates to broader climate goals, as well as elements of its cap-and-trade programme design after the next decade, the state’s carbon market watchdog said Tuesday.

The companies include UK multinationals such as HSBC, Prudential, and Legal & General.

A partnership between US-based cement and concrete technology firm and a global renewable energy and consultancy could accelerate the development of carbon offsets from the manufacturing construction industry, the companies claimed Tuesday.

The US Department of Energy (DOE) on Tuesday clarified submission guidelines for its forthcoming purchase of $35 million worth of carbon removals, as the government revealed what it is aiming to pay in price per tonne.

A new evaluation of government decarbonisation efforts ahead of the UN's first-ever ‘global stocktake’ paints a grim picture of the current state of climate action, leading the authors to urge nations to 're-strategise' international cooperation at the upcoming COP28 summit to bridge the gap between ambition and implementation.

New York announced Tuesday that 25 projects will be granted awards to promote the development of offshore wind and other forms of renewable energy, in a move that seeks to revitalise developers struggling under economic pressures and protect the state's climate goals.

California and Quebec will host a public workshop shortly after the Q4 auction next month to discuss how different cap reduction scenarios will affect allowance prices in the WCI-linked carbon market, the jurisdictions announced Tuesday.

South Australia is leading the world on the integration of wind and solar. Now, it's about to take an even bolder leap into a deep green energy future through its hydrogen jobs plan.

The post South Australia takes another bold leap into deep green energy future appeared first on RenewEconomy.

Adding pulverised volcanic rock to cropland, even in severe drought conditions, could significantly contribute to carbon removal from the atmosphere, according to a new study.

The UNFCCC has come under criticism from project developers for proposing a broad brush approach to improving cookstove carbon crediting methodologies, which the industry says lacks sophistication and fails to use accurate local data in calculating carbon savings.

Despite the uncertain future facing the voluntary carbon market, early-stage investment has held relatively firm in 2023, with some in the market pointing to an emergent 'flight to primary' trend, as investors seek to avoid reputational risk in secondary and tertiary credit buying and instead channel capital directly into project development.

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California electricity sector CO2 year-on-year output decreased at an even faster pace during September, reaching a ten-year low for the month as shares of renewable energy and hydroelectricity continued to build on their 2022 levels, according to data published Monday.

Nations are to start procuring carbon dioxide removals at the upcoming UN climate summit for use against their nationally determined contributions (NDCs), an expert in the sector said Tuesday.

Climate commissioner says pace of reductions needs to speed up in buildings, transport and agriculture to meet 55% target by 2030

The EU must cut greenhouse gas pollution almost three times more quickly than it has over the past decade to meet its climate targets, a European Commission report has said.

In an attempt to stop weather growing more extreme, the EU has promised to pump 55% less planet-heating gas into the air in 2030 than it did in 1990. But over the past three decades it has cut emissions by just 32%, leaving behind “significant gaps” for the next seven years, the commission found in its latest State of the Energy Union report.

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The European Parliament's environment committee (ENVI) on Tuesday formally adopted a provisional political agreement to phase out by 2050 fluorinated greenhouse gases (F-gases) and adopted a draft report to strengthen EU CO2 emission standards for new heavy-duty vehicles.

Average of 854g a week eaten at home in 2022, with the 14% decline since 2012 driven by cost of living crisis and lifestyle changes

People in the UK consumed less meat last year than at any point since records began in the 1970s, in a trend driven by the cost of living crisis, the continued impact of Covid and broader lifestyle changes.

Data released by the government showed that Britons ate less meat at home in the year to March 2022 than at any point since 1974, with the average person eating 854g (1.88lbs) a week. That was down from 976g the previous year and 949g in 2019-20, before the Covid-19 pandemic.

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As the first known cases of H5N1 are detected in the region, scientists fear for the isolated penguin and seal populations that have never been exposed

Avian flu has reached the Antarctic, raising concerns for isolated populations of penguins and seals that have never been exposed to the deadly H5N1 virus before. The full impact of the virus’s arrival is not yet known, but scientists are raising concerns about possible “catastrophic breeding failure” of the region’s fragile wildlife populations.

The virus was found in populations of a scavenging bird called brown skua on Bird Island, which is part of the British overseas territory of South Georgia and the South Sandwich Islands. These migratory birds probably brought it with them from South America where bird flu is widespread and has already killed an estimated 500,000 seabirds and 20,000 sea lions in Chile and Peru alone.

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The European Commission unveiled plans to bolster the EU's faltering wind power capacity rollout on Tuesday, while reporting that the bloc was on track in its efforts to exit Russian fossil fuels despite patchy national progress on decarbonisation.   

RWE reported a drop of almost a quarter in its ETS-covered thermal power output over the first nine months, according to preliminary results published on Tuesday that showed an acceleration of coal decline over the past quarter.