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The richest 1% have already used up their entire carbon budget for 2025, only 10 days after the start of the new year, charity Oxfam said in new analysis published on Friday.

Oregon’s Environmental Quality Commission (EQC) on Thursday approved proposed changes to the state’s clean fuels scheme, effectively establishing feedstock attestation requirements and a reserve account for carbon capture and sequestration (CCS) projects under the programme, among other updates.

The US Forest Service has withdrawn a proposal that was designed to help safeguard old-growth forests and conserve their carbon sink capacity, drawing cheers from some Republican members of Congress preferring local management of resources.

Germany can be CO2-neutral by 2045 while cutting energy costs, and raising household, company and government income - without assuming a higher carbon price or more national debt, suggested a think tank this week.

Several major international companies retired last year carbon credits with a vintage of 2010 or earlier, according to new Carbon Pulse analysis of registry data, though fewer and fewer older units are being retired across the voluntary market.

California-Quebec joint carbon market participants held a surplus of nearly 409 million excess allowances and offsets in Q4 2024, after emitters met their obligations for the fourth compliance period, according to WCI programme data published Tuesday.

Verra is struggling to impose sanctions on the proponents behind a group of discredited Chinese rice carbon projects, receiving compensation to date from just five of the 25 activities that were exposed last year for malpractice.

The current fires in Los Angeles are reminders of the costs of forgetting

The fires raging in and around Malibu are huge, and they’re terrible, and they’re also the latest in a series of catastrophic fires in Los Angeles county and the region, the latest consequence of heat and drought and wind that have long created the region’s volatile fire weather.

The climate crisis has made it hotter and dryer and made wildfire worse here and across the west and around the world, but this region’s ecology has always been wedded to fire. Homes built in and around natural landscapes – canyons, chaparral coastal hills, forests, mountainsides – with a history of wildfire that are pretty much guaranteed to burn again sooner or later create the personal tragedies and losses and the pressure for fire crews to try to contain the blazes. But suppressing the blazes lets the fuel load build up, meaning that fire will be worse when it comes.

Rebecca Solnit is a Guardian US columnist. She is the author of Orwell’s Roses and co-editor with Thelma Young Lutunatabua of the climate anthology Not Too Late: Changing the Climate Story from Despair to Possibility

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The largest BP gas processing plant in Azerbaijan carried out record levels of gas flaring in 2024, according to new research published on Thursday.

Manufacturers have cited lack of access to accurate emissions data along the auto industry’s complex supply chain as well as administrative challenges among a range of factors hampering the EU’s Carbon Border Adjustment Mechanism (CBAM).

The carbon removal (CDR) market more than doubled in size in 2024, but the surge was dominated by Microsoft, which accounted for 72% of fresh demand, according to a new report.

As Europe prepares for the rollout of new carbon regulations, Germany’s industrial sector faces mounting uncertainty due to delays in implementing climate policies.

An influential advisory body has proposed recommending amendments to its biodiversity-related criteria, in the EU taxonomy of sustainable activities, which could benefit biodiversity credits, an expert has said.

With 2024 set to go down as the hottest year on record, we know that what is coming is truly horrifying

The past 12 months have seen our world enter new territory. Last year will go down as the first time that the global average temperature exceeded 1.5C above preindustrial times over a calendar year. We could crash permanently through the 1.5C guardrail within the next five years, and shatter the 2C limit as soon as 2034. This will almost certainly result in the tipping points for collapse of the Greenland and west Antarctic ice sheets being crossed, committing us to the drowning of coastal towns and cities.

In years to come, we will look back at this time and ask the same question that future generations will ask: why didn’t we stop this catastrophe?

Bill McGuire is professor emeritus of geophysical and climate hazards at UCL and author of Hothouse Earth: an Inhabitant’s Guide

Roger Hallam is co-founder of Extinction Rebellion, Insulate Britain and Just Stop Oil

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Only 36% of the UK’s ability to achieve net zero emissions in aviation by 2050 will come from low-carbon fuels and technologies and improved fuel efficiency, with the remainder to come from abatement outside the aviation sector and trading under the UK ETS and global aviation offsetting scheme, according to government projections.

Stevenage-built BepiColombo makes final flyby of Mercury ahead of entering the plant's orbit in 2026.

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Finnish energy company Fortum announced Thursday that its near- and long-term emissions reduction targets, along with its net zero target for 2040, have been approved by the Science Based Targets initiative (SBTi).

Denmark kicked off its fourth licencing round for exploration and use of offshore geological CO2 storage, it announced on Thursday. 

A Canada-based project developer announced Wednesday it has completed third-party validation of its first large-scale reforestation carbon credit project in Sierra Leone.