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An oil refinery in the Los Angeles area is set to shutter in Q4 2025, less than a week after California's legislature approved controversial fuel supply minimums for in-state refiners, according to a company announcement on Wednesday.

Here’s what the ancient Greeks and Romans can teach us about the environment and ourselves. From Roman soldiers in crowded camps to emperors cleaning up rivers, there are many lessons to be learned. Konstantine Panegyres, McKenzie Postdoctoral Fellow, researching Greco-Roman antiquity, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

NSW won't reduce the 8-hour definition for long duration energy storage and is setting both a new target and regulations to make this field more attractive to developers. 

The post NSW sets new long duration storage target as it readies for grid after coal appeared first on RenewEconomy.

Russia will present ideas for creating an international carbon market at the UN climate summit COP29 in Baku next month, local news outlets have reported.

A carbon project financier has launched arbitration proceedings and a court action in Canada against the developers of a large Indonesian REDD project.

A technology-focused carbon removal programme has for the first time launched a public consultation on a reforestation protocol, the company announced on Thursday.

The European Commission is looking at all options to incentivise carbon removals, not just their potential integration in the EU’s Emissions Trading Scheme (EU ETS), a senior EU official has said.

England desperately needs a land use framework to best determine how land should be apportioned for the many competing priorities of farming, nature, carbon, energy, and housing, industry experts said on Thursday.

Non-profit SeaTrees is preparing to release 300,000 voluntary marine biodiversity credits for sale at UN biodiversity conference COP16 from a Kenyan initiative, Carbon Pulse has learned.

Verra has cancelled over 5 million voluntary carbon credits issued to C-Quest Capital (CQC) projects following an investigation launched back in June, also in the wake of charges of fraud by US authorities on former executives at the company.

Protecting 30% of New Zealand's lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.

Portugal's energy agency has announced this week a public tender to find a company to develop its voluntary carbon market registration platform.

Spider eyes, butterfly wing scales, truffle spores and slime mould come under the spotlight in the 50th anniversary of the Nikon Small World photomicrography competition. The award celebrates photography through the light microscope, capturing the breathtaking beauty of a world hidden from the naked eye

• A year in focus: Walkley award photographic finalists 2024 – in pictures

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Rating agencies should expand into assessing letters of authorisation for Article 6-aligned projects, a carbon market veteran said on Thursday.

UK-based investment manager Ninety One has launched the Sovereign Biodiversity Index to help investors assess national-level nature risks.

Over 190,000 new marine protected areas (MPAs) must be established if the world is to meet the 30x30 marine protection target under the Global Biodiversity Framework (GBF), equivalent to 85 MPAs created every day until 2030, according to a study published Thursday.

China’s environment ministry has released the final carbon allowance allocation plan for the years 2023 and 2024, marginally easing the settings for coal-fired power plants compared to the previous draft as some 68 million additional CO2 permits are now set to be handed out in each of the two years.

The government of Cote d’Ivoire has formed a specialised office to accelerate the development of country’s carbon market regulations and bring investments for project development in the country, it has announced.

The United Nations climate chief is calling on the International Monetary Fund (IMF) and World Bank to take bigger steps to shore up climate finance and alleviate debt for developing countries during their annual autumn meetings next week.

European carbon prices were marginally firmer at midday on Thursday, tracking fluctuations in natural gas closely in a very narrow range as traders awaited new direction, as well as news of the European Central Bank's expected reduction in its key interest rates.