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The Washington State Office of Financial Management (OFM) has published its assessment of scrapping the state’s cap-and-trade programme should ballot initiative 2117 (I-2117) succeed, but failed to discuss several negative impacts it might have on the economy, according to a think-tank.

California Carbon Allowance (CCA) prices stabilised on lower volumes this week in the absence of a market catalyst, holding below Washington Carbon Allowances (WCA) that registered a slight uptick in activity in an otherwise subdued market.

US Environmental Protection Agency (EPA) standards finalised this spring that envision a prominent role for carbon capture and storage (CCS) in reducing power plant emissions have piqued interest in the emerging technology, but hesitancy remains around legal challenges, a conference heard Thursday.

The regulatory framework for Mexico’s long-delayed emissions trading system (ETS) is in the final stages of review, and the private sector is increasingly interested in offsetting strategies, according to a Mexican industry representative speaking on a webinar Thursday.

Tax credits and other incentives towards carbon capture and storage (CCS) in the US are likely to continue under a potential second Trump administration, experts told conference attendees, also providing recommendations for project developers in a post-election landscape. 

Researchers say 650 tonnes on order for Paris Games is a potential stress on local and regional resources

From cold-water swimming to ice baths, deliberately freezing yourself has been hailed as a panacea for everything from menopause symptoms to arthritis, headaches and immunity conditions.

And for sportspeople, ice is widely used to aid recovery after exercise. But now researchers have said the clinical benefits of ice therapy are not evidence-based and its popularity is bad for the environment.

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Denmark has written to the European Commission to express concerns about draft EU aviation emissions reporting rules, saying the text fails to properly take non-CO2 emissions into account, as requested under the EU ETS.

In theory, time-of-use pricing should nudge households to use electricity when it’s cheaper and more plentiful, saving on bills and grid costs. In practice, it isn’t working well for many households. Lee White, Senior Lecturer and Horizon Fellow, School of Social and Political Sciences, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

Mounting evidence shows rainfall is becoming increasingly variable, making the dry times drier and the wet much wetter. New findings confirm research into rainfall variability in Australia. Steven Sherwood, Professor of Atmospheric Sciences, Climate Change Research Centre, UNSW Sydney Anna Ukkola, ARC DECRA Fellow, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

The Paris games are shaping up as the greenest games yet. But some critics say even more needs to be done. Tony Heynen, Program Coordinator, Sustainable Energy, The University of Queensland Prabhakaran Vanaraja Ambeth, PhD student, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

One of the major futures exchanges in carbon markets has suspended its benchmark contract in CORSIA-eligible carbon credits, straining the credibility of delivery on trades that had been made on the platform.

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.