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RGGI Allowances (RGA) in the secondary market continued their descent over the week as prices adjusted in response to programme updates from the administrator, with traders largely projecting the 2025 Cost Containment Reserve (CCR) value as the near-term level of support.

New records over the long weekend underline the fundamental change happening in Australia's energy mix, and the key role of rooftop solar in driving these.

The post Rooftop PV takes biggest bite yet out of coal as fossil fuels and grid demand hit new lows appeared first on RenewEconomy.

An intervenor on behalf of one of the US states enjoined in an emergency petition to stay the US Environmental Protection Agency’s (EPA) power plant rules drew the attention of the Supreme Court to analyses from the agency showing carbon capture and storage (CCS) technology limitations.

Some 85% of banks are open to financing new coal projects, and only 8% of banks are committed to ending project financing of new oil and gas fields, according to research published on Tuesday.

The Sphinx, a patch of snow thought to be the longest-lasting in the UK, has melted for the fourth consecutive year.

The US Supreme Court is asking the Solicitor General to comment on a challenge from Alabama and 18 other conservative states trying to quash Democrat-led states' lawsuits against oil and gas producers, according to a request made on Monday.

UN negotiators should facilitate private sector involvement in Article 6 through measures designed to streamline deal-making, authorisation, and transaction, but should not over-emphasise central infrastructure or interpret the Paris Agreement to preclude REDD projects, according to a carbon trading industry body.

What have global efforts to protect oceans actually achieved? Our study of nearly 2,600 tropical coral reefs around the world is the first to answer that question. Joshua Cinner, Professor & ARC Laureate Fellow, Thriving Oceans Research Hub, School of Geosciences, University of Sydney Iain R. Caldwell, Adjunct Senior Research Fellow, James Cook University Licensed as Creative Commons – attribution, no derivatives.

The European Commission needs to take a holistic approach to the emissions covered in its industrial carbon management policy, extending its oversight to indirect emissions within company's assets, as well as the energy used from carbon management technologies, among other areas, according to recommendations from an advisory group.

Issuances in the voluntary carbon market (VCM) soared to their highest level in September for three years, while oil major Shell was the largest retiree of credits, according to new analysis of registry data from Carbon Pulse.

The integrity of the voluntary carbon market came under the spotlight again last week after charges of fraud were unsealed by US authorities against Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), as well as the company's ex-COO and a former managing director, Tridip Goswami, among others.

Australia will tip $9 million into the Regional Pacific Nationally Determined Contribution (NDC) Hub in an effort to further support its neighbours' response to climate change.

The post Australia commits $9 million to help Pacific neighbours meet climate targets appeared first on RenewEconomy.

An international carbon credit development programme on Monday published two new methodologies and two methodological tools under its nature-based solutions (NBS) programme.

Research reveals ‘sea walnuts’ fuse together if they become injured, and nervous systems merge

It might not be what the Spice Girls envisaged when they sang 2 Become 1, but scientists have found comb jellies do actually fuse together if they are injured.

Researchers studying a species of the gelatinous marine invertebrates known as “sea walnuts” said they made the discovery after spotting an unusually shaped individual in the laboratory tank.

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The influential Nature Positive Initiative (NPI) has launched a first set of nine draft nature indicators, with the aim of building consensus on measuring progress towards nature positive.

The mission aims to re-visit the asteroid Nasa diverted when it crashed a probe into it.

Delegates from nearly 200 countries will gather in Colombia at the end of this month for the COP16 biodiversity summit, in what observers call "a temperature check" for the world's pledges on nature, amid political divisions on finance mobilisation threatening to hamper the implementation of the landmark Global Biodiversity Framework (GBF).

Sub-Antarctic marine park expansion welcomed but scientists say some areas important to penguins and seals missed out on sanctuary-level protection

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The environment minister, Tanya Plibersek, has declared Australia will soon protect more ocean than any other country after the government finalises a more than 300,000 square kilometre expansion of a sub-Antarctic marine park.

Speaking ahead of what was billed as a global nature positive summit starting in Sydney on Tuesday, Plibersek confirmed the Heard and McDonald Island Marine Park about 4,000 km south-west of Perth would quadruple in size.

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Europe's markets authority said it had not found any "significant issues" in the functioning of the EU ETS during 2023 and did not make any recommendations for additional regulation, in its first annual report on the market published on Monday.

The new European Commission headed by Ursula von der Leyen has a wide range of new climate initiatives in store for the next five years, according to the mission letters she sent to her team of 26 commissioners-designate.