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RGGI allowances (RGA) in the secondary market took a beating from a combination of pre-auction positioning and a macro market sell-off on Monday that dragged prompt prices sub-$20 ahead of the Q1 auction on Wednesday.

Alfred is being used as the latest front in an ideological war, but facts are relevant to how we prepare for a climate-changed future

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It’s not a good time for climate science. The Trump administration has sacked more than a thousand staff from the US National Oceanic and Atmospheric Administration, the country’s leading agency for weather forecasting and climate science, potentially damaging its ability to do lifesaving work forecasting hurricanes and other extreme weather events. The New York Times reported plans are under way to fire another 1,000. If true, that will take the cuts to about 20% of the workforce.

On Monday, it was announced Nasa was axing its chief scientist, Katherine Calvin, who had been appointed to lead the agency’s work on climate change. In trademark Donald Trump/Elon Musk style, there appears little care or sense in where cuts have been made. It’s destruction for destruction’s sake, with tens of thousands of peer-reviewed scientific papers underpinning the understanding of climate science dismissed as a “hoax” or, somehow, “woke”. As in most areas, what happens in the US on forecasting and science capability will have an impact beyond its borders.

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Long-awaited rules for CO2 pipeline safety have been withdrawn for review, according to a federal regulator.

The US Supreme Court rejected the second Republican-led attempt to block five Democrat-led states from seeking damages from oil firms for allegedly concealing the climate impacts of their activities.

The function of COPs in the coming decade will evolve away from focusing on energy transition and towards adaptation and loss and damage financing, while Article 6 trading is expected to play a bigger role following last year's historic deal, experts said Monday during CERAWeek.

Gold Standard and the Tokyo Metropolitan Government have announced plans to create a trading platform to enable local companies to access carbon credits issued by the standard without language accessibility barriers.

Canada's Clean Fuel Regulations (CFR) design and lack of funding present major challenges for logistics companies aiming to transition their fleets to low-carbon alternatives.

New conservative alliance clears first hurdle for forming a new government by agreeing on electricity price cuts, and a continuation of the country’s landmark energy transition.

The post New German coalition agrees on renewable transition, electricity price cuts, and EV subsidies appeared first on RenewEconomy.

A new UK law will push dozens of clean energy projects to the front of the queue for grid connections, supporting the country's goal for clean power by 2030 and luring investments into low-carbon infrastructure, the government announced on Monday.

The incoming Brazilian COP30 presidency is promoting initiatives and agendas to reduce deforestation and forest degradation – as Brazilian agriculture, forestry, and land use (AFOLU) projects dominated Verra’s Latin American voluntary carbon market (VCM) retirements for the week of Mar. 3-9.

California's power sector CO2 emissions in January once again set a record low for the month as the share of renewables increased, while natural gas contribution eased.

Democrat lawmakers in New York introduced legislation last week aiming to postpone the state’s Advanced Clean Trucks (ACT) regulations until 2027.

King Island's small and ancient turbines - installed last century - are getting a facelift, rather than being pulled down and replaced by bigger machines.

The post Australia’s oldest wind turbines back in action with a Danish facelift, and a major life extension appeared first on RenewEconomy.

Researchers say problem could increase number of people at risk of starvation by 400m in next two decades

The pollution of the planet by microplastics is significantly cutting food supplies by damaging the ability of plants to photosynthesise, according to a new assessment.

The analysis estimates that between 4% and 14% of the world’s staple crops of wheat, rice and maize is being lost due to the pervasive particles. It could get even worse, the scientists said, as more microplastics pour into the environment.

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US DOE Secretary Chris Wright said Monday that while the agency will take a new approach with its Loan Program Office (LPO), the administration will honour loans already awarded to projects under former President Joe Biden's administration.

The Integrity Council for the Voluntary Carbon Market (ICVCM)took a tough stance last week on cookstove methodologies, although it seemed to have been with indifference by the market that seems more focused on CORSIA, the aviation emissions scheme, and worrying about rating agency grades.

A UK-based investment manager and a remote sensing company have released a new satellite-powered tool to conduct due diligence on nature-based carbon projects, they announced Monday.

The EU is not allocating enough budget to help Central and Eastern European countries decarbonise their municipal waste, making it harder for them to catch up with the bloc's environmental targets, according to a report published on Monday. 

The European Commission should focus on increasing energy market integration, and not interfere too much in how the bloc's gas markets function, European energy traders have said.

A Danish renewable energy company will purchase carbon credits from a carbon removal (CDR) platform under a two-year partnership, the two firms announced Monday.