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A Mexican state whose carbon tax is finally up and running after initially being repealed nearly two years ago is once again in hot water for it, according to a senior official speaking Thursday at the North American Carbon World (NACW) conference in Los Angeles.

The sponsor of a California senate bill that was initially introduced to reform and reauthorise the cap-and-trade programme on Wednesday amended its text to instead indefinitely extend the state’s non-partisan agency’s GHG reporting mandates.

Dutton claims Labor wants to cut aluminium and heavy industry - but he hasn't checked his party's own modelling. We have.

The post Election Watch: Dutton’s nuke and gas plan relies on the death of Australian industry, and its smelters appeared first on RenewEconomy.

Verifying the purity of CO2 that flows through carbon capture and storage (CCS) hubs will be vital as the industry develops, in order to avoid any impurities from jeopardising the network — but the industry is still in early stages, with standards in development and monitoring equipment not yet commercial.

Many carbon projects fall short of approval due to issues with additionality, financial transparency, and scientific rigour, according to the CEO of a Bay Area non-profit that has approved just 1% of the over 5,000 projects it has reviewed in the past decade.

How a ‘dark energy’ experiment could upend Einstein's theory of the universe.

Both chambers of Bahrain’s legislature this week voted on and approved a bill that includes the creation of a carbon tax, leaving final ratification and promulgation up to the king.

A new bill introduced in the California Assembly aims to expand the regulatory authority of state regulator ARB to address air pollution from indirect sources, including facilities like ports, warehouses, and rail yards.

Bloc set to accept compromise that would allow companies to trade carbon credits, in blow to climate finance

The long-awaited carbon levy on international shipping that was to supply vital climate finance looks set to be significantly diluted, after the EU appeared to be backing down in global talks, in a blow to vulnerable countries.

The EU is set to accept a compromise that would allow companies to enter into a system of trading carbon credits instead of paying directly for their emissions, the Guardian has learned.

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Carbon infrastructure company Xpansiv will launch in April a new standardised spot contract for Phase 1 of CORSIA, the UN’s international aviation emissions offsetting scheme, it announced Thursday, but there was no corresponding notice of new futures contracts.

The transacted value of voluntary carbon credits integrated into compliance schemes could reach $15 bln by the early 2030s, according to a ratings agency – with ratings to play a key role in shoring up integrity.

A Swedish energy company has pushed through on a final investment decision to build one of the world's largest carbon removal facilities, it announced Thursday.

Norway's flagship carbon capture and storage project, Northern Lights, has reached its second phase, with the announcement of higher storage capacity and a commercial agreement with a Swedish utility to transport and store the CO2.

Ministers urged to do more after United Utilities discharged raw sewage into Unesco site for 6,327 hours last year

Celebrated by William Wordsworth, Windermere has long epitomised the natural timeless beauty of the Lake District, with millions of tourists drawn to the shores that inspired the poet. But today England’s biggest lake is a shadow of its 19th century self: its waters no longer clear but blighted by algae and its wildlife decimated by pollution, in a symbol, critics say, of all that is wrong with the privatised water industry.

This month the environment secretary, Steve Reed, vowed to break with the recent past, standing on its shores and promising that Labour would “clean up Windermere”. The lake is showing the impact of sewage pollution from United Utilities treatment plants and increased pressure from climate change-induced temperature rises.

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Less use of gas and coal in electricity supply and industry sectors drove reduction, Department for Energy Security and Net Zero says

The UK’s carbon emissions fell by 4% last year, according to official figures.

Provisional statistics published on Thursday by the Department for Energy Security and Net Zero (DESNZ) show UK territorial greenhouse gas emissions were 371m tonnes carbon equivalent (MtCO2e) in 2024, down from 385 MtCO2e in 2023.

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A Luxembourg-headquartered asset manager has approved a first loan under its recently established biodiversity fund, to go to a Spanish regenerative agriculture producer.

France, Italy, and Slovakia have urged the European Commission to reassess the Carbon Border Adjustment Mechanism (CBAM) before its full implementation in 2026, warning that the current framework risks weakening the competitiveness of EU industrial exports.

The Rwandan government has partnered with the Global Green Growth Institute (GGGI) to enhance the country’s readiness to participate in the international carbon markets under Article 6 of the Paris Agreement.

TotalEnergies has outlined plans to double annual spending on carbon credits to build a stock of 50 million nature-based offsets by 2030, as it aims to then retire millions per year to meet its climate goals.

Market experts are putting out various explanations for the surge in voluntary carbon credit retirements against the Colombian CO2 tax in 2024, including theories linked to the controversial introduction of a cap in 2022 on taxed emissions that can be offset with domestic credits.