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The WCI compliance instrument surplus once again picked up in Q3 ahead of the November true-up deadline, although account holders declined over the timeframes in light of general market participants' exit.

One of the largest climate funds in the world announced on Thursday that it would invest up to $1 billion in technologies that reduce emissions from the industrial sector in developing countries.

The quality of carbon credits generated by forest carbon projects in Mexico are not meeting the market’s new demands for high quality offsets, a Mexican project consulting firm said Thursday.

Australian university researchers have won a patent for using food acids to create a major component of battery technology.

The post Australian researchers turn wine into a battery storage breakthrough appeared first on RenewEconomy.

Investment will fund two CCS clusters – but environmental campaigners have criticised plans

Rachel Reeves is paving the way for a multibillion-pound increase in public-sector investment at the budget after the government announced plans to commit almost £22bn over 25 years to fund carbon capture and storage projects.

In what is expected to be one of the biggest green spending promises of the parliament, the chancellor, prime minister and the energy secretary, Ed Miliband, will unveil the details on a visit to the Liverpool city region on Friday declaring a “new era” for clean energy jobs.

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Scientists estimate the last time Comet Tsuchinshan-ATLAS visited our solar system was 80,000 years ago.

Putting solar PV shades over available outdoor car parks in Australia could generate 34 TWh of electricity a year, and help charge the growing number of EVs.

The post Solar car parks: Australia’s great untapped PV potential appeared first on RenewEconomy.

The Swedish Energy Agency (SEA) and the Rwandan Ministry of Environment signed an MoU on Thursday for a cooperative partnership under Article 6 of the Paris Agreement.

Vermont officials held a public webinar Thursday detailing their legislatively-mandated study on the potential of a state cap-and-invest programme to drive greenhouse gas (GHG) emissions reductions.

The share of EU ETS-regulated installations and aircraft operators that are in non-compliance with the scheme has dropped below 3% for the first time in four years, after the annual permit surrender deadline was extended by five months.

Japan's regional energy transition initiative featuring the promotion of nascent technologies could in turn deepen developing countries' reliance on coal or liquefied natural gas (LNG), according to a report released Friday.

A project in Melbourne’s Royal Park has proved city parks and streets can be used as sites for nature repair that help endangered ecosystems and species to survive. Katherine Horsfall, PhD Candidate, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

A national laboratory of the US Department of Energy (DOE) announced Wednesday that it has awarded over $71 million to 16 regional direct air capture (DAC) hub projects across the US.

Changing the narrative, such as dropping ‘offsetting’ language, will be crucial to navigating a successful transition away from years of scandal for the voluntary carbon market, but this will be contingent on the sector coming together and controlling the narrative, experts told a conference this week.

Peru supports voluntary carbon market (VCM) growth and will work with the private sector to boost domestic supply and demand, according to two newly-appointed officials heading up public agencies.

Analysts from a consultancy have slashed their forecast for UK Allowance prices in 2025 by 9% and their 2026 outlook by 13% after the British market regulator sought views on a plan to delay the start of the market's second compliance phase by one year to align any changes in supply with the start of the country's carbon border tariff.

Washington’s Department of Ecology (ECY) detailed preliminary proposals for revisions to its Ozone Depleting Substances (ODS) protocol under its cap-and-trade programme, incorporating changes to increase stringency based on the best available science.

An international carbon standard based in Colombia has applied to the Integrity Council for the Voluntary Carbon Market (ICVCM) for programme eligibility under its Core Carbon Principle (CCP) system.

Determining “high integrity” in nature-based credits remains a major challenge even with ongoing reforms to carbon standards, experts told an industry conference on Wednesday.

The UK government is poised to confirm around £22 billion of funding over 25 years for two carbon capture and hydrogen clusters on Friday, after years of promises, according to a news report.