Feed aggregator

The undoing of the subsidy-laden Inflation Reduction Act (IRA) in the US allows Europe to seize the opportunity to lead on green investments, rather than play catch-up, according to researchers.

The West of England industrial cluster has unveiled a local industrial decarbonisation plan, with potential to contribute £3.5 billion to the UK economy by 2040 through opportunities including carbon capture and storage (CCS), clean power, and alternative fuels.

Council of Europe says Swiss government failing to respect human rights court’s ruling on emissions

• Europe live – latest updates

The Swiss government has been told it must do more to show that its national climate plans are ambitious enough to comply with a landmark legal ruling.

The Council of Europe’s committee of ministers, in a meeting this week, decided that Switzerland was not doing enough to respect a decision by the European court of human rights last year that it must do more to cut its greenhouse gas emissions and rejected the government’s plea to close the case.

Continue reading...

Advancing biodiversity credit markets is among the key steps recommended by the World Government Summit to meet the $200 billion annual target set out under the Global Biodiversity Framework, provided that regulators develop a standardised framework to prevent greenwashing.

Bids to develop renewable hydrogen projects in the EU amounted to more than €4.8 billion — four times higher than the budget for the European Hydrogen Bank's second auction, the European Commission announced on Friday.

The Danish Energy Agency (DEA) on Friday said it has received two applications for permits to explore subsurface CO2 storage in three coastal areas, as part of a tender launched early this year.

The US administration's recent rollback on environmental action is poised to overheat the debate on financing at the resuming talks on the UN plastic treaty, with the EU expected to adopt an even tougher stance than it did at last year’s summit, an observer to the negotiations told Carbon Pulse.

EU carbon prices rallied robustly on Friday morning as EUA and TTF gas traders appeared to balance positions ahead of the weekend in reaction to media reports that Russian forces had attacked energy infrastructure in Ukraine.

Using high-definition camera traps on trails in Congo’s Nouabalé-Ndoki national park, Will Burrard-Lucas, a photographer for the Wildlife Conservation Society, has captured Africa’s most elusive and rarely seen animals

Continue reading...

The US has withdrawn from the UN’s Fund for Responding to Loss and Damage from climate change and the Just Energy Transition Partnership (JETP), a multi-billion-dollar initiative aimed at helping developing nations transition from coal to cleaner energy sources, the US Treasury Department announced this week.

The Integrity Council for the Voluntary Carbon Market (ICVCM) is doing a "much better job of separating out quality" carbon projects than the UN's aviation offset scheme CORSIA, said the co-founder of a ratings agency on a webinar Thursday.

Sixteen activists argued sentences had not adequately taken into account their conscientious motivation

Six protesters jailed for their roles in various climate demonstrations have had their sentences reduced on appeal.

The Just Stop Oil co-founder Roger Hallam was originally jailed for five years for agreeing to disrupt traffic by having protesters climb on to gantries over the M25 for four successive days. His sentence was reduced to four years.

Continue reading...

A Canadian geothermal energy company is set to shake up the power and heating market after borrowing techniques in the oil and gas sector to drill deep below the earth’s surface to extract heat from dry hot rock, its founder told Carbon Pulse.

Gran Canaria and Tenerife worst affected, while eastern Australia prepares for first tropical cyclone for 50 years

On Monday, a storm brought heavy rainfall to the Canary Islands, especially affecting Gran Canaria and Tenerife. Telde, in eastern Gran Canaria received more than 30mm of rain, nearly three times the March average.

Flash floods submerged homes, turned streets into rivers, and swept cars out to sea. Airports and popular beaches shut down ahead of the downpour, affecting more than 850,000 residents. The islands’ mountainous topography, tropical climate and urbanisation worsened the floods by aiding thunderstorm formation and runoff.Snow accumulated on Mount Teide in Tenerife, creating a rare but disruptive scene for emergency services and local infrastructure.

Continue reading...

A Dubai-based investment company has allocated 8% of a $1.2 billion portfolio to carbon credits and reforestation projects as part of a broader strategy to diversify into high-growth opportunities across key industries, the firm announced Thursday.

Australia’s Productivity Commission (PC) is seeking views on whether government efforts could help boost biochar production in the country without relying on them being eligible to generate Australian Carbon Credit Units (ACCUs), it said in a report this week.

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

Continue reading...

The United Nations Development Programme (UNDP) has issued a request for proposals (RFP) seeking a local IT firm in Vietnam to develop a national registry for emission allowances and carbon credits.

No cookstove credits currently in circulation can use the high-integrity stamp of the ICVCM, after the integrity watchdog imposed tough conditions to safeguard against over-crediting.

Cameras stationed by Swellnet to monitor swells on Australia's east coast show the difference a couple of days can make when a tropical cyclone like Alfred approaches. The cameras record how eight beaches, in Queensland and New South Wales, change from Monday to Thursday.

Continue reading...