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A $100 billion global voluntary carbon market would support sustainable development, reduce carbon, restore land equivalent to the size of Peru, and create millions of jobs - but work is needed to improve the market's integrity and transparency, according to a study released on Tuesday.

Covered entities widened RGGI allowance (RGA) net length while traders mainly reduced holdings across California Carbon Allowances (CCAs), with muted activity in Washington Carbon Allowances (WCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).

RGGI Allowance (RGA) values edged up even as market activity tapered off, partly driven by higher temperature forecasts across the Northeast, amid ongoing silence from the scheme's administrator regarding updates to the Third Program Review.

Our new report makes 12 recommendations for how industry, government, educators and First Nations communities can create jobs and fulfilling careers in clean energy. Chris Briggs, Research Director, Institute for Sustainable Futures, University of Technology Sydney Ruby Heard, PhD candidate in energy justice, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

A California-based direct air capture (DAC) company announced Monday a $475 million investment towards two DAC facilities in northwestern Louisiana with a combined expected annual capacity of nearly 320,000 tonnes of CO2.

The Coalition is sending mixed messages on community consultation when it comes to nuclear power. If the community never has the authority to influence the outcome, is it actually “consultation”? Diane Sivasubramaniam, Associate Professor and Chair, Department of Psychological Sciences, Swinburne University of Technology Samuel Wilson, Associate Professor of Leadership, Swinburne University of Technology Licensed as Creative Commons – attribution, no derivatives.

An analysis of 88 million wildfire observations over the past 21 years shows a strong increase in the frequency and intensity of the most extreme fires around the world. Calum Cunningham, Postdoctoral Research Fellow in Pyrogeography, University of Tasmania David Bowman, Professor of Pyrogeography and Fire Science, University of Tasmania Grant Williamson, Research Fellow in Environmental Science, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.

Peter Dutton says nuclear power plants burn energy. Er, no they don't. Is this why the Coalition nuclear policy makes no sense?

The post Peter Dutton says nuclear power plants “burn energy.” No they don’t appeared first on RenewEconomy.

Items containing ‘forever chemicals’ linked to cancer risk, lower fertility and developmental delays

A new law coming into effect in Colorado in July is banning everyday products that intentionally contain toxic “forever chemicals”, including clothes, cookware, menstruation products, dental floss and ski wax – unless they can be made safer.

Under the legislation, which takes effect on 1 July, many products using per- and poly-fluoroalkyl substances – or PFAS chemicals linked to cancer risk, lower fertility and developmental delays – will be prohibited starting in 2026.

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Carbon credits to compensate for loss of revenue in the early closure of coal plants will be an integral part of achieving coal phaseouts in developing countries, said stakeholders during a high-level dialogue on phasing out coal hosted in London.

Disruptive demonstrations are decried by the press, but given acres of coverage. This is the new conundrum of public protest: the only way to be talked about is if you’re demonised

When Just Stop Oil covered Stonehenge with orange cornflour last week, Keir Starmer was called upon to decry the act, which he dutifully did, even though anyone with even a very slight knowledge of geology will know that the marks won’t last. But that wasn’t what the Labour leader was being asked. Rather, the question was whose side was he on, between “respectable” people and disruptive ones?

A respectable person, who cares about the environment – and this, in theory, is all respectable people, because to not care about the survival of everything you love would make you unhinged – shouldn’t throw things in protest, they should peacefully march. Happily, they did: 100,000 of them at the weekend, fighting for nature. It made some news reports; it didn’t make the bulletins. No radio host gave over their phone-in to the question of whether or not this sort of thing should be allowed. This is the new conundrum of public protest; the only way to be talked about is if you’re demonised. Grab yourself a “hate march” moniker because one person got arrested, and you’ll get all the coverage of your wildest dreams, but it will be unjust, because that one person was actually a counter-protester, and there are more arrests at your average football match.

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EU plans to boost semiconductor manufacturing could see the sector rival those of chemicals and steel as a source of emissions, according to a study published on Monday.

The summer drought extended for another week in the voluntary carbon market, leaving one major exchange and several participants describing activity levels as torporific, although there was a bounce in Phase 1 CORSIA price assessments and continued interest in the carbon removals (CDR) sector.

Gas grids in Europe should be progressively shut down to avoid costs for consumers spiralling out of control, according to a study published on Monday.

New policy drivers are needed if the world is to develop the required carbon removal (CDR) capacity to abate residual emissions by mid-century, especially the integration of credits within compliance carbon markets and leakage mechanisms, according to a new report.

The opposition claims Australia is an outlier in the developed world in not having nuclear, yet Germany and Italy have closed their plants

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So much has been said by the Coalition about what nuclear energy could do for Australia, with so little evidence to back it up, that it can be hard to keep up with the claims.

The key assertion by Peter Dutton and Ted O’Brien is that nuclear would lead to a “cheaper, cleaner and consistent” electricity supply. None of this has been supported.

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The European Commission has disbursed €2.967 billion from emissions trading revenues to support 39 clean energy projects in less-developed EU member states, in what is the largest disbursement of this kind to date, the EU executive announced on Monday.

Reef escapes being classed ‘in danger’ for now but the government must submit a progress report to World Heritage committee by February 2025

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Unesco has urged Australia to set more ambitious climate targets for the Great Barrier Reef in a list of recommendations to preserve its status as a world heritage site.

The report, published in Paris late on Monday, did not recommend the reef be placed on a list of sites “in danger” – a threat that has hung over the reef for years – when the 21-country world heritage committee meets next month.

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An international sustainability standard-setter has unveiled a new two-year plan to help bring together the various corporate climate disclosure requirements, also formalising several partnerships with other organisations in the field.

The World Bank and the International Monetary Fund (IMF) have launched the 'Enhanced Cooperation Framework for Climate Action' with Madagascar as the first beneficiary.