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The market outlook for 2025 is more upbeat after a difficult previous 12 months, due to an expected demand boost from Phase 1 of CORSIA and the development of Paris Agreement trading after the historic decision to finalise Article 6 at COP29.

The design of the EU's Emissions Trading Scheme is hindering the decarbonisation of the bloc’s cement sector, an environmental NGO said in response to a public consultation on draft new ETS-related rules last week.

The voluntary carbon market saw its value remain at around $1.4 billion last year as spot prices slumped 20%, though analysts still forecast the sector could still grow to the tens of billions by the end of the decade.

Power generation from EU ETS-covered plants fell 10% last year, according to grid data, driven by a 15% slump in combined coal and lignite-fired plant output.

The UAE’s General Civil Aviation Authority (GCAA) has launched the region’s first digital platform to facilitate implementation of the UN’s CORSIA aviation offsetting scheme.

The new year is poised to springboard domestic compliance markets, regulated voluntary markets, and Paris Agreement projects in Latin America and the Caribbean – but sees reluctance to rely on Article 6 to be a main driver of mitigation – as the region builds internal capacity to launch green growth.

Biodiversity markets need to work more effectively within the next two to four years to begin attracting finance, or risk interest in them vanishing, a consultant has said.

‘Future homes standard’ will not mandate replacing boilers with environmentally friendly alternative

The government is to scrap the 2035 ban on gas boilers in its new housebuilding standards.

The previous Conservative government had laid plans to phase out gas heating for homes by banning the sale of new gas boilers by 2035, so people replacing their gas boilers after that date would instead have to buy a heat pump or other environmentally friendly way of heating homes.

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European carbon prices fell on Monday, tracking the overall weakness in natural gas and reflecting moderated price expectations ahead of the resumption of EUA auction supply from Tuesday.

A New York-based investment firm is seeking funding from corporations and individuals to develop REDD+ carbon projects in the Congo Basin, the company has announced.

Chinese coal power plants could save hundreds of billions of dollars in transition costs if multiple technologies are used to optimise their emission reduction pathways, alongside compulsory plant closures, according to a recent scientific research paper.

An Indian state government has launched an initiative to reduce methane emissions from about 20 million dairy animals by more than 30% before the end of the decade and generate carbon credits to empower farmers, it recently announced.

Exploring the aberration, absurdity, madness and ingenuity of skiing, an activity that raises both questions and concerns despite its global success. It continues to fascinate and intrigue in the face of social and environmental upheavals. There are more than 2,000 resorts scattered across the world, attracting hundreds of millions of skiers, but there are also profound questions about its future amid climate challenges and societal changes

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After edging close to extinction, there are now some 2,000 Iberian lynxes in Spain and Portugal.

Woodside Energy has submitted plans for its offshore carbon capture and storage project (CCS) at its proposed Browse gas field development in Western Australia.

From dried-up rivers to flooded crops and cities, rising temperatures in 2024 wreaked havoc with water, creating life-threatening challenges for people and nature alike. Explore this interactive map. Albert Van Dijk, Professor, Water and Landscape Dynamics, Fenner School of Environment & Society, Australian National University Licensed as Creative Commons – attribution, no derivatives.

New South Wales has reached two remarkable renewable energy milestones that signal the growing contribution of solar power to the state's energy mix.

The post Australia’s biggest coal state breaks new ground in wind and solar output appeared first on RenewEconomy.

Campaigners, politicians and zoo managers disagree on where Wikie and her son Keijo should be sent.

Campaigners, politicians and zoo managers disagree on where Wikie and her son Keijo should be sent.

While the EU and US hesitate, the UK can become world leader in this burgeoning – and cruelty-free – innovation

If the pet food industry were a country, it would rank as the world’s 60th biggest emitter of carbon dioxide. In countries such as the US, researchers estimate that pet food accounts for about a quarter of total meat consumption. And as the number of pets grows, the environmental impact looks set to increase. But the British government may have unlocked a solution. This year, the UK became the only country in Europe to approve the use of lab-grown meat in pet food.

Lab-grown meat may sound futuristic, but the process is actually straightforward. It starts with the harvesting of a small number of animal cells, then the cells are fed essential nutrients to help them replicate and grow, similar to a yeast culture on a petri dish. But unlike a whole living animal, there are fewer limitations on size, there are no welfare concerns, and the setup does not require such vast land, water and energy resources.

Lucy McCormick is an analytics manager at the Guardian and a writer on economics, politics and current affairs

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