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The compliance instrument surplus for the California-Quebec joint cap-and-trade programme at the end of Q1 jumped 16.7% over the prior quarter at the end of 2024, with 22 entities closing accounts as allowance prices have declined in the absence of regulatory clarity, state data published Thursday showed.

Move ends bid for site near Whitehaven, Cumbria after planning permission was quashed by high court

The Whitehaven coalmine’s planning application has been withdrawn, bringing an end to a process that could have created the UK’s first deep coalmine in 30 years in Cumbria.

Planning permission for the mine was quashed in the high court last year which meant the Ministry of Housing, Communities and Local Government had to reassess the planning application. However, the company has now written to the government withdrawing its planning application.

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Japan has abolished the implementation guidelines for projects under the Joint Crediting Mechanism (JCM), instead aligning the process with the Article 6 framework in order to simplify the process and make it more attractive to developers and investors.

Plan to add 90 turbines to Rampion will create 4,000 jobs in construction and could power 1m homes

The government has approved plans to build an offshore windfarm capable of powering about 1m British homes before the end of the decade.

The plan to extend the Rampion offshore windfarm by adding 90 turbines off the Sussex coast is expected to add about 1.2 gigawatts of clean power for British households and businesses.

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Asteroid 2024 YR4 won’t hit Earth but now has a 3.8% chance of striking the Moon.

Nature credits have the potential to help the EU close the existing financing gap on conservation and restoration efforts, with local authorities playing a critical role in shaping the market, the bloc's biodiversity chief said on Thursday.

Devices similar to those used during pandemic to be deployed to help stamp out trade in threatened fish

Last year, a colleague of Diego Cardeñosa sent the international shark trade researcher a few pieces of shark fin taken from a bowl of soup in New York City. Using a PCR test similar to those used during the Covid-19 pandemic to test for the virus, Cardeñosa was able to identify the species behind the fin as sandbar shark, an endangered species found in tropical and warm-temperate waters.

Now, Cardeñosa and other scientists from Florida International University, alongside law enforcement officials from the US National Oceanic and Atmospheric Administration (Noaa), plan to deploy the tests at ports across the country in order to crack down on seafood fraud and fish trafficking.

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European carbon prices plunged in line with the global markets rout as markets continued to respond to the US announcement of widespread tariffs, heading for their biggest weekly loss in more than a year as China responded with import levies of its own.

Inexpensive and widely available materials can effectively remove carbon dioxide directly from the atmosphere, scientists from Northwestern University have claimed in what might be a significant breakthrough for carbon capture technology.

The EU and Central Asia signed a new Strategic Partnership on Friday, including €10 bln worth of investments in areas like critical raw materials, batteries and green hydrogen, European Commission president Ursula von der Leyen announced at a bilateral summit in Samarkand, Uzbekistan.

Swiss multinational Holcim is calling for “100% testing” of cement imports at key European ports of entry, to make sure the EU’s Carbon Border Adjustment Mechanism (CBAM) is fully watertight.

The durable carbon removal (CDR) market surged to fresh highs in the first quarter of the year after the Science Based Targets Initiative (SBTi) opened the door for the sector to be used by companies to meet climate targets, finds a new report.

A global conservation organisation and a London-headquartered brokerage and consulting firm have launched a new insurance policy incorporating nature-based solutions (NbS) to address the wildfire crisis in California.

A Zurich-based carbon removal (CDR) financier on Wednesday announced it will purchase 25,000 carbon credits from biochar facilities in West Africa.

A flat-rate greenhouse gas levy for shipping has been removed from the latest negotiation text at a meeting of the UN's International Maritime Organization (IMO) in favour of a tiered compliance system focused on GHG fuel intensity that would effectively introduce a credit trading system.

Verified emissions reported under the EU ETS fell by 5.3% year-over-year in 2024, preliminary data released by the European Commission on Friday showed, when comparing greenhouse gas output on a like-for-like basis.

Global carbon emissions from the aluminium industry will rise by nearly 50% by mid-century unless it adopts cleaner energy sources, an energy agency warned Friday.

The best of this week’s wildlife photographs from around the world

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The European Commission will publish its proposal for a 2040 climate target “before summer”, the EU’s climate chief Wopke Hoekstra said on Thursday.

The Norwegian government will propose a 2035 GHG emissions reduction target of 70-75% below 1990 levels, but without specifying how much of that will be made domestically, the nation’s climate and environment minister has said.