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Shareholders of Kasigau Ranching Company have reportedly clashed with the board of directors over how "millions of shillings" from voluntary carbon credit sales were spent, with the firm in the middle of a financial and management crisis, according to local media.

EU countries are directing between €34 billion and €48 bln of European subsidies annually into activities that harm biodiversity, with the majority of them allocated to agriculture, according to a report released on Tuesday.

The public defender of forest-rich Brazilian state Para is targeting fines totalling R$20 million ($3.9 mln) for alleged illegal land-grabbing practices related to multiple REDD+ projects, according to local media reports.

RGGI allowance (RGA) prices largely plateaued over the past week on lower volumes, with many market participants expecting the futures to hover around their current range in the continued absence of programme review updates, despite a general sense of bullishness.

A Texas-headquartered pipeline and terminaling energy company signed a revised letter of intent (LOI) with a carbon management firm to jointly develop a carbon capture and storage (CCS) project in Louisiana, committing up to 2 million tonnes of CO2 captured annually from its operations.

The Architecture for REDD+ Transactions (ART) will begin a process to review its jurisdictional carbon standard in August, the US-headquartered organisation announced Monday.

Allowing our spent lithium batteries to be exported free of charge could mean forfeiting a potential $3 billion onshore reprocessing industry. Yasir Arafat, Senior Research Associate, Edith Cowan University Daryoush Habibi, Professor and Head, Centre for Green and Smart Energy Systems, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.

State’s department of fish and wildlife says the brown pelicans are showing signs of malnutrition, but that the cause is still unclear

Hundreds of starving and stranded brown pelicans have turned up along the California coast in recent weeks in what wildlife advocates have described as a “crisis”.

In Newport Beach in southern California, lifeguards came upon two dozen sick pelicans on a pier last week. The Wetlands and Wildlife Care Center in Huntington Beach, the non-profit caring for the animals, said they had treated more than 100 other birds who were anemic, dehydrated and extremely underweight.

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Credit retirements dried up and trading was thin in spot markets amid a lackluster week in the voluntary carbon market, partly because of public holidays in Europe.

Kenya has become one of the most attractive countries in the world for carbon market investment, experts have said, drawing in a wide diversity of emissions reductions projects, seeing a high volume of retired voluntary credits, and emerging as a powerhouse in both tech- and nature-based carbon removals due to its geological storage potential and natural sinks.

The EU saw record investments in clean technologies in the first few months of 2024, part of an economic wave that shows signs for optimism in the 27-nation bloc, data showed on Monday.

The UK will tax sales of some voluntary carbon credits (VCCs) at 0% and others at 20% by bringing them under the umbrella of the country’s ‘value-added tax’ (VAT) on goods and services, though others will remain entirely outside the scope of the scheme.

Over 140 civil society organisations have penned an open letter sounding the alarm over the recent rollback of environmental measures in the EU ahead of the European Parliament's elections scheduled for next month.

The first scheme allowing UK homeowners to more easily afford energy efficiency retrofits partially aided by the sale of voluntary carbon credits will be piloted among at least 1,000 homes, with potential to engage a huge number of citizens via partnerships with their mortgage providers.

The ancient fish were successfully hatched by scientists in Tasmania using two adults and 50 eggs. The Maugean skate is thought to be found only in the vast harbour on the state’s west coast. Numbers have fallen sharply due to the impact of salmon farms, hydro power stations altering upstream river flows, gillnet fishing and rising harbour temperatures due to the climate crisis, studies have found

• Politics and science: Tasmanian leaders back salmon farms ‘at all costs’ while researchers work to save endangered Maugean skate

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The state-owned UK Infrastructure Bank and Scottish National Investment Bank are putting £100 million into the redevelopment of a Scottish port to handle offshore wind turbines, helping to scale up wind capacity in the North Sea, they announced on Monday.

EU countries on Monday signed off on a law aiming to cut the CO2 emissions of new heavy-duty vehicles by 90% as of 2040, concluding a legislative journey that began in February last year.

A US report argues that to move away from a disposable culture, businesses need robust, efficient reuse systems

For several months last year, patrons of a Seattle coffee shop called Tailwind Cafe had the option of ordering their americanos and lattes in a returnable metal to-go cup. They could borrow one from Tailwind, go on their way and then at some point – perhaps a few hours later, perhaps on another day that week – return it to the shop, which would clean it and refill it for the next person. If the cup wasn’t returned within 14 days, the customer would be charged a $15 deposit, although even that was ultimately refundable if the cup was returned by the end of 45 days.

But the system quickly ran into trouble. It was “overwhelming” trying to explain the return system to every interested customer, said Tailwind’s head chef, Kayla Tekautz. Many were hesitant to participate after learning that they could only return the cups to Tailwind or the other drop-off location, six miles away. Plus, Tailwind’s QR code reader kept malfunctioning, requiring repeated visits from a mechanic. At the end of last summer, Tailwind quietly ended the scheme. “It just didn’t work,” Tekautz said.

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration.

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An ESG-focused British investment group has launched a natural capital strategy that will see it acquire land in the UK.

Remaining members of the long-criticised Energy Charter Treaty (ECT) are looking to modernise the international trade agreement to better support climate action, despite the departure of a growing number of European countries citing failed attempts to revamp it.