Feed aggregator

European carbon prices weakened during a quiet morning's trading on Tuesday as natural gas also retreated, with traders focusing on geopolitical developments that could boost gas supplies to Europe.

Imminent new supply of carbon credits eligible for Phase 1 of CORSIA is poised to provide a long-awaited boost to the market, after some 8.7 million units were verified as ready for issuance under the ART TREES standard.

The COP16 UN biodiversity conference resumed on Tuesday in Rome after talks were abruptly halted in November, with negotiators facing increasing pressure to hammer out a deal on nature finance amid fears that long-standing political divisions may prove too challenging to bridge.

Carbon removal (CDR) buyers’ coalition Frontier this week launched the application process for its 2025 pre-purchase agreements.

Protesters who tried to disrupt completion of Mountain Valley pipeline to defend themselves in Virginia court

Climate activists who tried to disrupt the completion of a fossil-fuel pipeline through Appalachian forests will appear in court in Virginia on Tuesday to face serious criminal charges that they vehemently deny.

The Mountain Valley pipeline (MVP) was pushed through by the Biden administration in mid-2023 – overriding court orders, regulatory blocks and widespread opposition to the 300-mile (480km) fossil fuel project. Biden’s decision triggered a wave of non-violent protests and civil disobedience against the pipeline in Virginia and West Virginia as work crews rushed to finish construction of the pipeline through sensitive waterways and protected forests.

Continue reading...

A British biochar company has cancelled plans to build a carbon removal project close to London after nearly 100 objections from officials and the public, local media reported Saturday.

The government of Japan has approved several revisions to current regulations to legalise the country's planned emissions trading scheme, in a latest attempt to add legal clout to the carbon market.

The European Commission put forward new draft rules on Monday introducing a common method to compare the CO2 performance and fuel consumption of heavy-duty trucks placed on the EU market, including those running purely on electricity or hydrogen.

The best chance to see as many as possible will be after sunset on Tuesday, Wednesday and Thursday.

Technology improvements have historically driven CO2 cuts across Europe’s chemical sector, but for the first time emissions are now going down because of factory closures, the industry has warned, calling for some urgent measures to be adopted under the EU’s upcoming Clean Industrial Deal initiative.

The expected market size for India’s upcoming voluntary carbon offset mechanism will be at similar levels to that of the compliance market, an official told a conference in New Delhi this week.

One of China's pilot emissions markets will add more participants in the future, as the regional government is set to lower the mandatory threshold for emitters.  

Environment secretary will hope move can reset relations with farmers after inheritance tax row

The environment secretary, Steve Reed, is to announce a five-year extension of the seasonal farm worker scheme in an attempt to reset relations with farmers after fury over inheritance tax.

Making his pitch to farmers at the National Farmers’ Union conference in central London on Tuesday, Reed will also announce the opening of a new national biosecurity centre to tackle diseases including foot-and-mouth and bluetongue.

Continue reading...

Dog walker’s close encounter prompts debate over whether the animals, once native to UK, should remain

Sightings of wild boar on Dartmoor have raised suspicions a guerrilla rewilder has been releasing them – and prompted a debate over whether they should be allowed to remain.

Videos of a group of boar on the moors in Devon were posted online earlier this month, and a dog walker has recently complained of a close encounter with one of them, which frightened his pet.

Continue reading...

Australian oil and gas company Woodside Energy roughly doubled the volume of carbon credits it retired in 2024 compared to the year before, according to its annual report released Tuesday, as critics accuse it of ignoring shareholder concerns about its climate strategy.

Scientists have developed a solar-powered system that captures CO2 from the air and converts it into synthetic fuel, offering a potential breakthrough in carbon capture and utilisation technologies.

Large-scale bioenergy with carbon capture and storage (BECCS), a key technology in many climate mitigation plans, is not viable outside agricultural land due to severe environmental constraints, according to a new study.

Members of the public are more willing to follow expert climate advice, even when it contradicts their prior beliefs, new research has found, offering potential for more effective voluntary climate action.

The long duration compressed air storage project has NSW development approval and soon will have its energy market rule change too.

The post Compressed air battery wins state approval for Silver City blackout fix in Broken Hill appeared first on RenewEconomy.

Italian long-duration energy storage company sets up APAC headquarters in Melbourne as it looks for sites in Victoria to deploy its proprietary CO2 battery.

The post Italian company behind “carbon dome” energy storage sets up a base in Melbourne appeared first on RenewEconomy.