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The RGGI carbon market saw its permit bank surplus expand slightly in 2023, according to a report published Thursday.

A US federal judge on Wednesday dismissed a request from an investment advisory firm to halt an oil major’s lawsuit against shareholders over their calls for stronger climate targets.

A group of 19 US Republican state attorneys generals (AGs) filed a petition Wednesday asking the nation's highest court to prohibit efforts by Democratic-led states to hold oil producers financially liable for the climate impacts of fossil fuels.

Massive Sun Cable project will now include 12GW of wind, with the solar component "trimmed" to the same size and rolled out in several stages.

The post New Sun Cable takes shape with 12GW of wind added to world’s biggest renewable project appeared first on RenewEconomy.

Five years, a pandemic and a war later, the troubled 810MW Empire Wind project will begin construction after gaining final approvals from New York.

The post Pioneering and repriced offshore wind farm gets final approval in New York appeared first on RenewEconomy.

Our research shows decisions on the fate of public housing towers that are based on a proper process of considering all the evidence could go either way: demolish and rebuild, or retrofit. Trivess Moore, Associate Professor, School of Property, Construction and Project Management, RMIT University David Kelly, Vice Chancellor's Postdoctoral Fellow, RMIT University Ralph Horne, Associate Deputy Vice Chancellor, Research & Innovation, College of Design & Social Context, RMIT University Robert Crawford, Professor of Construction and Environmental Assessment, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Any decision to authorise offshore drilling and other activities contributing to climate change will now need to be assessed under the law of the sea in addition to international climate agreements. Karen Scott, Professor in Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.

Carbon removals (CDR) could contribute meaningfully to compliance carbon pricing systems but they should be limited to a certain percentage of total emissions permits and may be subdivided by durability, Puro.earth CEO Antti Vihavainen told Carbon Pulse.

Boffins from Cambridge University in the UK have become the latest to claim the green cement mantle with their idea of “electric recycling of Portland cement” featuring on BBC news this week, adding to the growing band of innovators seeking an emissions solution for the hard-to-abate industry.

Zero Carbon Systems has acquired Global Thermostat, one of the first direct air capture (DAC) startups, in a deal valued at tens of millions of dollars.

A UK venture capital firm has successfully closed a £20 million funding round to invest in European pre-seed and seed-stage companies developing scientific solutions for decarbonisation.

A blockchain marketplace for enabling transparent sales of biodiversity credits is almost ready to begin selling, following a partnership between credit developer RePlanet with a certification organisation and a blockchain company, Carbon Pulse has learned.

Hungary’s energy and climate minister said the country will focus on advancing the green transition across the 27-nation bloc, as among the top climate and energy priorities during its turn with the EU presidency from July until year end.

There could be up to seven major hurricanes of category three or higher this season, many more than usual.

Nature-based voluntary carbon projects, such as reforestation in the Amazon, are cost-effective and critical for the planet with known and manageable risks, with Petrobras now developing its credit strategy focused on the sector, an executive of a Brazilian oil company told a conference Thursday.

Biodiversity monitoring company NatureMetrics has launched a free tool for businesses to score their nature performance by answering a series of questions.

Britain would place supply controls on greenhouse gas removals (GGRs), while keeping the gross cap that is in place for UK Allowances (UKAs), in the early years of their potential integration into the ETS, as proposed in a public consultation launched Thursday.

Danny Kennedy from New Energy Nexus on plans to turn the Australian truck fleet electric, and keeping up with US.

The post The Driven Podcast: Thinking big about going electric appeared first on RenewEconomy.

Action against Letzte Generation could have ‘immense chilling effect’ on climate protest, campaigners say

Five members of Letzte Generation, Germany’s equivalent to Just Stop Oil, have been charged with “forming a criminal organisation”, a move civil rights campaigners say could in effect criminalise future support for the climate campaign.

Mirjam Herrmann, 27, Henning Jeschke, 22, Edmund Schulz, 60, Lukas Popp, 25, and Jakob Beyer, 30, were charged under section 129 of the German criminal code. It is believed to be the first time the law has been applied to a non-violent protest group.

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Europe’s financial markets regulator has launched a consultation on proposed amendments to technical standards for commodity derivatives, including enhanced position management controls and reporting requirements for venues offering trading in emissions allowances.