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Non-EU importers may hold a competitive advantage over European producers under the EU’s Carbon Border Adjustment Mechanism (CBAM) due to market information asymmetries and the ability to sell back emissions certificates, according to an investment bank report.

A group of maritime players have written to the European Union calling for clear regulations and more investment in methane-cutting technologies to be included in the upcoming Clean Industrial Deal.

Another healthy dose of carbon credit retirements last week helped keep the voluntary market in contention for a record year and struck a bullish note, although a lawsuit against Apple and official news of BP backing petroleum in the future dampened enthusiasm.

A natural assets manager has launched a new €200 million fund to invest in sustainable forestry and carbon in Europe, expecting to realise most returns from timber while also seeking to monetise carbon and biodiversity benefits.

The European Commission needs to provide extra funding for EU exports in industries covered by the incoming carbon border fee, to soften the blow of rising EU ETS costs and maintain their international competitiveness, outgoing German ministers said in a letter setting out a number of recommendations. 

A Finnish energy technology company has delivered a 200MW battery energy storage system to a UK-based grid-scale battery operator, with the system now operational in Scotland, it announced on Monday.

The Brazilian government last week made two announcements regarding novel initiatives within its carbon markets, as Cuba outlined plans to use Article 6 to help meet its UN climate targets.

A carbon crediting platform has appointed a new team of senior leaders effective immediately, with a climate finance and project development veteran as president, it announced on Monday.

An association of mostly African countries is mapping out seagrass across four countries, using satellite imagery and field verification to assess the carbon stock in the region, it announced on Monday.

Every year, volunteers brave the icy Tuel Lane lock in West Yorkshire to clear leaves, litter – and pickled onions

It is said that an imitation Rolex watch was once found during the spring clean of the UK’s deepest canal lock. Today the most glamorous discoveries are a Tesco shopping trolley and an empty can of Sprite – but spirits are still high.

“I did once come across a full jar of pickled onions,” said Maureen Readle, a volunteer. “But that was a bit further up. Here it is mostly leaves.”

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A Swedish maritime battery system supplier announced Monday it has secured SEK 220 million (€19.7 million) to expand operations in Sweden and the US, as it aims to decarbonise the shipping sector.

A developer’s plan to generate carbon removals from its waste wood power plants in the UK will be easily met by private sector demand and won’t rely on removals being included in the country’s emissions trading scheme.

Estonian Prime Minister Kristen Michal has voiced his support for delaying the EU’s new Emissions Trading System for road transport and building fuels (ETS2), aligning with calls from Polish Prime Minister Donald Tusk and other European leaders.

New Modelling torpedoes claim that Peter Dutton’s nuclear power plan will be 44% cheaper than Labor’s plan for renewables, finding instead it will inflate electricity bills by up to 41% between now and 2030.

The post Peter Dutton’s nuclear plan could blow out household electricity bills by up to $600 a year by 2030 appeared first on RenewEconomy.

A US-based sustainability software provider on Monday opened its first request for proposals (RFP) to carbon removal (CDR) suppliers, seeking 1 million credits to meet demand from its corporate customers.

EU carbon allowance prices jumped sharply at the opening on Monday morning in line with sizeable spikes in natural gas and power, after Friday evening's highly-charged meeting between Presidents Trump and Zelenskyy in Washington D.C dimmed the chances of a resumption of Russian gas flows to Europe and raised geopolitical tensions across the bloc.

The Italian government has taken a decisive step towards introducing nuclear energy, approving a law that lays the groundwork for a national strategy on fusion and small reactors (SMRs), while maintaining country's reliance on gas.

Over one-third of the EU's gross value added (GVA) is highly dependent on ecosystem services, according to a report from the European Commission's Joint Research Centre (JRC).

Australia has a huge of diversity of worms on land, sand and sea such as the giant Gippsland earthworm which can stretch up to 3 metres

One of the world’s largest worms might escape notice, if not for the loud gurgling noises that can be heard coming from underground as the species burrows and squelches through its moist clay.

The giant Gippsland earthworm, a purple and pink colossus that lives in a small, wet patch about 100km east of Melbourne in south-east Australia, reportedly stretches as long as 2 to 3 metres.

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Upcoming major ocean conferences will be crucial to lay the groundwork for scaling the emerging marine biodiversity credit market, an expert told Carbon Pulse.