Into the first few trading days of 2025, benchmark RGGI allowances (RGAs) slipped below $24, with traders having “little confidence” in regulatory updates forthcoming in Q1, and barring above seasonal average cold weather heating demand.
The US EPA on Monday issued final notices for its decision to grant California waivers from federal pollution regulations, allowing the state to enforce stricter emission standards under the Clean Air Act (CAA) before President-elect Donald Trump assumes office later this month.
An international non-profit looking to help reduce or store 3 gigatonnes of CO2 by 2030 is closing in on $10 billion in assets.
Washington state’s Department of Ecology (ECY) released details for its Q1 allowance auction in March that does not include advance sale permits, according to a notice published by the agency on Monday.
Isometric has issued removal credits to a German-Brazilian climate-tech company, with what's claimed to be world’s first supply of independently verified enhanced weathering (EW) units purchased by a Dutch payment platform.
Prime Minister Justin Trudeau announced on Monday his resignation from leading the Liberal Party of Canada, kicking off a process through which he will be replaced as prime minister, citing internal party battles and the need for a new leader ahead of an upcoming election.
This new research estimates the price and benefits of recovering threatened species – and offers cost-effective ways for environment groups, farmers, governments and others to make a difference.
April Reside, Lecturer in Conservation, The University of Queensland
James Watson, Professor in Conservation Science, School of the Environment, The University of Queensland
Josie Carwardine, Senior Research Scientist, Environmental Research, CSIRO
Licensed as Creative Commons – attribution, no derivatives.
The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.
The design of the EU's Emissions Trading Scheme is hindering the decarbonisation of the bloc’s cement sector, an environmental NGO said in response to a public consultation on draft new ETS-related rules last week.
The voluntary carbon market saw its value remain at around $1.4 billion last year as spot prices slumped 20%, though analysts still forecast the sector could still grow to the tens of billions by the end of the decade.
Power generation from EU ETS-covered plants fell 10% last year, according to grid data, driven by a 15% slump in combined coal and lignite-fired plant output.
The UAE’s General Civil Aviation Authority (GCAA) has launched the region’s first digital platform to facilitate implementation of the UN’s CORSIA aviation offsetting scheme.
The new year is poised to springboard domestic compliance markets, regulated voluntary markets, and Paris Agreement projects in Latin America and the Caribbean – but sees reluctance to rely on Article 6 to be a main driver of mitigation – as the region builds internal capacity to launch green growth.
Biodiversity markets need to work more effectively within the next two to four years to begin attracting finance, or risk interest in them vanishing, a consultant has said.
‘Future homes standard’ will not mandate replacing boilers with environmentally friendly alternative
The government is to scrap the 2035 ban on gas boilers in its new housebuilding standards.
The previous Conservative government had laid plans to phase out gas heating for homes by banning the sale of new gas boilers by 2035, so people replacing their gas boilers after that date would instead have to buy a heat pump or other environmentally friendly way of heating homes.
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European carbon prices fell on Monday, tracking the overall weakness in natural gas and reflecting moderated price expectations ahead of the resumption of EUA auction supply from Tuesday.
A New York-based investment firm is seeking funding from corporations and individuals to develop REDD+ carbon projects in the Congo Basin, the company has announced.
Chinese coal power plants could save hundreds of billions of dollars in transition costs if multiple technologies are used to optimise their emission reduction pathways, alongside compulsory plant closures, according to a recent scientific research paper.
An Indian state government has launched an initiative to reduce methane emissions from about 20 million dairy animals by more than 30% before the end of the decade and generate carbon credits to empower farmers, it recently announced.
Exploring the aberration, absurdity, madness and ingenuity of skiing, an activity that raises both questions and concerns despite its global success. It continues to fascinate and intrigue in the face of social and environmental upheavals. There are more than 2,000 resorts scattered across the world, attracting hundreds of millions of skiers, but there are also profound questions about its future amid climate challenges and societal changes
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