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The US EPA’s power plant emissions rules were tested Friday before a three-judge panel as attorneys representing Republican states argued that the rules didn’t properly consider the costs of carbon capture and storage (CCS) technology and that the EPA overstepped in its rulemaking authority.

Emitters built their net holdings throughout the North American carbon markets, while financial players continued to shuffle their positions in California Carbon Allowances (CCAs) and RGGI Allowances (RGAs) in favour of V25s, data released Friday from the US Commodity Futures Trading Commission (CFTC) showed.

Europe may have made significant progress in decarbonising its energy sector, but investment efforts must more than double to an average of $1 trillion annually by 2030.

Brazil’s National Bank for Economic and Social Development (BNDES) this week solicited proposals under initiatives collectively worth R$109 million ($18 mln) that would support forest restoration in the Amazon and Atlantic Forest.

Oil derived from sugarcane is a promising alternative feedstock in the production of sustainable aviation fuel (SAF) given its land-use efficiency, but the process faces high production costs, researchers published in a recent study.

So-called "CDR optimisation" projects that build on pre-existing practices need to improve accounting techniques to distinguish between removed and avoided emissions in order to ensure integrity in the crediting process, representatives from a California-based research group told Carbon Pulse.

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

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The Saskatchewan legislature unanimously passed legislation that will keep federal carbon pricing off of provincial home heating bills on Thursday following a year of political tussling with Ottawa over payment of the levy on fuel.

Switzerland’s Alpiq has hired a veteran trader for its European emissions desk.

Participants in the voluntary carbon market (VCM) are increasingly confident that integrity issues plaguing the sector are being solved, but challenges remain around attracting buyers, speakers said at an industry conference this week.

The European Union and the Mercosur group of South American countries concluded a long-awaited trade deal on Friday, calling it a "political necessity" and "historic milestone" despite environmental concerns and opposition from seven EU countries, including France.

The last RGGI cap-and-trade auction of 2024 cleared at a $2.35 discount to RGGI Allowances (RGAs) in the secondary market the day before the sale, and at the low end of market expectations for a discounted settlement, with limited participation from financial entities, according to results published Friday.

Next year could be a turning point for the beleaguered voluntary carbon market because the underlying fundamentals have stayed robust, particularly the rising number of companies setting SBTi climate targets, despite a tough year, according to analysts in a new report.

Shipowners can cut compliance costs under the EU's new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.

Here are some of the standout images from the 2024 Nature Conservancy Oceania Photo Contest.

The 2024 contest saw close to 2,000 entries from photographers in Australia, New Zealand, the Solomon Islands and Papua New Guinea

• Dead native birds and flying foxes found in SA town home to one of world’s largest lead smelters

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Switzerland's Nationally Determined Contribution (NDC) and overall climate targets, policies and finance have been rated as “insufficient” in a new analysis released on Thursday.

British oil major Shell has signed a contract with Pakistan-based sustainable aviation fuel (SAF) producer for long-term offtake of SAF, once the proposed plant funded by the Asian Development Bank (ADB) gets completed.

Gold Standard has updated its fee structure for registry accounts and certification processes, with two different pricing options for issuing credits, the standard body announced on Friday.

The world may not keep warming to less than 2C over pre-industrial levels based on the petroleum reserves of members of the G20, a report cautioned Friday.

European carbon prices struggled for direction on Friday with participants said to be anticipating options expiry next week, as the benchmark charted a course for a 2% weekly loss following a string of bearish sessions this week.