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Voluntary carbon certifier Verra announced the appointment of a new CEO from its Board of Directors on Thursday, after more than a year since its founding CEO stepped down.

Secretary general said wealthiest countries are ‘signing away our future’ with more production and called for phase-out of fossil fuels

The world’s wealthiest countries are “signing away our future” by leading a “flood” of expansion in fossil fuel activity that threatens worsening heatwaves and other climate impacts that imperil billions of people, the head of the United Nations has warned.

António Guterres, secretary general of the UN, on Thursday called on countries to “fight the disease” of the world’s “addiction” to coal, oil and gas, warning that tumbling heat records this week must spur rich nations to lead the way in phasing out fossil fuels.

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Egypt’s long-awaited voluntary market (VCM) is ready to start trading, and the Egyptian Stock Exchange (EGX) is currently awaiting the execution of its very first deals, according to local media reports.

The European Commission will likely be cautious about adding further EU allowance volumes to its forthcoming auctioning schedule aimed at raising money for the bloc's REPowerEU programme to exit Russian fossil fuels, as this could lead prices to fall further, analysts told Carbon Pulse.

All EU countries – except Austria – have failed to meet a June 30 deadline to implement the provisions of the EU’s Emissions Trading System related to the pricing of CO2 emissions from road transport and heating fuels, known as ETS2.

Bursa Carbon Exchange (BCX) has carried out the auction of Malaysia’s first nature-based carbon credits from the Kuamut Project in Sabah, the exchange announced Thursday.

The UK ETS Authority has outlined the emissions monitoring methods available when extending the country's carbon trading scheme to include emissions from waste incineration, and how the cost pass through could be apportioned, following a consultation process.

The Science Based Targets Network (SBTN) this month released updated technical guidance and a corporate manual to help companies tackle their nature impacts, at a time of intensifying debate over perceived trade-offs between rigour and feasibility in target-setting.

An Iceland-based carbon registry has launched a public consultation on its greenhouse gas programme. 

UK Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced today a new British Energy partnership that aims to leverage up to £60 billion of private investment into the UK's quest for independence in clean energy technologies that will drive the country's net zero transition. 

Swedish steelmaker SSAB highlighted weak demand in Q2 and predicted pronounced low demand in Q3 in results published this week, amid a persistent worsening outlook for the European steel sector as a whole.

Flights at Germany’s busiest airport ‘gradually resuming’ on second day of coordinated ‘oil kills’ protests

Climate activists have disrupted flights at Frankfurt and Oslo airports on the second day of coordinated “oil kills” protests across Europe and North America.

Demanding an end to fossil fuels by 2030, supporters of Letzte Generation (Last Generation) briefly suspended flights at Frankfurt airport on Thursday morning. The activists said they had cut a wire fence, entered on bicycles and skateboards and glued themselves to the tarmac.

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CO2-derived plastics could reduce the greenhouse gas footprint of plastics under a clean energy grid scenario and reduce pressure on biomass resources, which will become increasingly in-demand as the world pivots towards a more circular economy, say plastic experts.

High operational costs, including that of of assessment and certification of carbon credits, has hindered the growth of Thailand’s domestic carbon market, a report released this week has found.

A giant battery project that will help get the national capital get off gas and reach its net zero target has won development approval.

The post Giant Canberra battery gets approval to help wean national capital off fossil gas appeared first on RenewEconomy.

Texas has around the same population as Australia and double the grid consumption. And it's been able to add renewables and storage at a rate Australia would envy.

The post Learnings from the Texas grid, and why it’s been able to add so much solar and battery storage appeared first on RenewEconomy.

European carbon prices were slightly lower at midday on Thursday as the market consolidated the gains of the last two days in fairly active trading, while energy markets also fell on technical selling after sharp rises on Wednesday.

Nature and carbon standard-setter Plan Vivo Foundation is developing an initiative for measuring the unintended consequences of conservation activities involved in emerging biodiversity markets.

An Australian-based biodiversity intelligence startup has developed a model incorporating global and local metrics to assess ecosystem and species health, seeking to enhance data comparability and steer companies in nature-related disclosures.