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RGGI allowances (RGAs) in the secondary market stepped higher all through last week as a cold spell blanketed the US Northeast, but traders expect near-term headwinds ahead for prices.

America's first offshore wind farm gets the all-clear to resume operations, but under strict conditions, including the removal of scores of potentially faulty turbine blades.

The post First US offshore wind farm powers back up after blade break, under strict new conditions appeared first on RenewEconomy.

The UK government is looking at how to avoid a disparity in carbon prices in the Irish Sea when it expands its ETS to the domestic maritime sector, according to officials.

The US EPA has approved West Virginia’s application for primary enforcement authority over Class VI injection wells, enabling the state to regulate CO2 storage projects.

In the waning days of the outgoing Biden administration, the US DOE announced that it had distributed $39 million in early-stage funding to the final two proposals selected as part of the department’s hydrogen hub programme.

As bushfire seasons grow longer and more intense, Australia needs new weapons in its firefighting arsenal. Marta Yebra, Professor of Environmental Engineering, Australian National University Iain Guilliard, Research Fellow, School of Engineering., Australian National University Nicholas Wilson, Research Fellow, Fenner School of Environment and Society, Australian National University Robert Mahony, Professor of System Theory and Robotics, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Pollution aside, the problem with expanding Heathrow lies in the disruption and delay inevitable in such a complex project

Get ready for another season of that interminable saga, Heathrow’s third runway. There was a lull during the Covid pandemic when the airport’s owners, despite winning permission from the supreme court in 2020 to submit a planning application, cooled their jets while they waited for passenger numbers to recover. Now the whole thing is back, courtesy of Rachel Reeves. The chancellor is reported to be preparing to use a speech next week to declare support for a third runway at Heathrow alongside wider airport expansion in the south-east.

The best form of airport expansion is none at all, environmentalists (some of them in the cabinet) will argue, but it looks as if Reeves has dismissed those objections in the name of economic growth. A £1.1bn investment in Stansted, to enable it to grow its annual capacity from 29 million passengers to 43 million, was welcomed by the government last year.

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The Climate Change Commission identified three major changes since 2019: other countries are doing more, impacts are becoming more severe, and delaying action shifts costs to future generations. Robert McLachlan, Professor in Applied Mathematics, Te Kunenga ki Pūrehuroa – Massey University Licensed as Creative Commons – attribution, no derivatives.

Using an internal carbon price is one of the four key levers that companies must pull in order to be a climate leader, although only 41% of corporate frontrunners are doing so thus far, said a non-profit during the World Economic Forum in Davos.

Integrating biodiversity and water credits into the voluntary carbon market (VCM) could help better address the existing funding gap on nature, the president of Singapore told an event at the ongoing World Economic Forum's (WEF) annual meeting in Davos, Switzerland on Tuesday.

The energy transition is "unstoppable" despite US President Donald Trump's decision to quit the Paris Agreement and roll back on environmental policies, the UN climate chief said in Davos on Tuesday.

Project developer Replanet is considering how to make measuring biodiversity credits from landscape-scale initiatives of up to 300,000 hectares affordable, despite a lack of demand.

Major economies published a joint article to defend the importance of Just Energy Transition Partnerships (JETPs) on Tuesday, and to reaffirm their commitment to raising climate finance.

A carbon project verification company has announced its expansion to cover afforestation, reforestation, and revegetation (ARR) activities, it said Tuesday.

The Arab League on Monday signed a Memorandum of Understanding (MoU) with a Qatari sustainability institution to enhance regional cooperation and build local capacity on carbon markets, according to reports in regional media.

Key political figures in Europe have joined centre-right calls for greater flexibility in meeting EU climate targets, supporting instead a technology-neutral approach that puts renewables, nuclear, and other clean technologies on an equal footing to meet the EU’s decarbonisation objectives.

More policy incentives are needed to encourage the nascent carbon dioxide removal (CDR) sector, given a wide gap in price perceptions among market participants, according to results of a recent pricing survey.

More than 40% of individual corals monitored around One Tree Island reef bleached by heat stress and damaged by flesh-eating disease

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More than 40% of individual corals monitored around a Great Barrier Reef island were killed last year in the most widespread coral bleaching outbreak to hit the reef system, a study has found.

Scientists tracked 462 colonies of corals at One Tree Island in the southern part of the Great Barrier Reef after heat stress began to turn the corals white in early 2024. Researchers said they encountered “catastrophic” scenes at the reef.

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A Swedish project that protects and restores valuable butterfly habitat is able to continue and expand after Microsoft provided funding for a local non-profit to buy all the biodiversity credits generated from the project over a two-year period.

Nearly 70% of EU commitments on soil protection and restoration have been fulfilled to date, though some key measures still hang in the balance, according to an assessment released by the European Commission.