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Most European airlines and aviation groups are convinced that an exemption from mandatory reporting of greenhouse gases for international flights can smooth the implementation of the EU’s Emissions Trading Scheme (EU ETS), although others are asking for stricter controls, just a few months before draft EU rules come into force.

Firm says it is now re-adjusting to a realistic end date and blames difficulties in procuring new planes and sustainable jet fuel

Air New Zealand has become the first major airline to drop its 2030 goal to cut carbon emissions.

The company has blamed difficulties in procuring new planes and sustainable jet fuel.

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Germany is preparing a second CCUS-focused bidding round as part of its ‘climate contracts’ funding programme for energy-intensive industries. 

Microsoft has purchased 80,000 carbon removals from a forest management project in California, it was announced on Tuesday. 

Houses in the UK could be built faster, and with more solar panels installed, if direct current (DC) microgrids were used to alleviate pressure points on the electricity network where the supply-demand crunch is particularly acute, say experts working to promote the benefits of DC technology.

Carbon Capture Scotland has partnered with a Toronto-based company to launch a digital monitoring, reporting, and verification (MRV) system for the tracking of CO2 from biogenic carbon removal projects, the two announced on Tuesday.

Corporate buyers of renewable energy need to temper their expectations on prices when it comes to signing long-term contracts, as the impacts of inflation and higher financing costs mean that these deals come at a premium to buying power on the spot market, according to a sustainability advisory.

Audit of Environmental Improvement Plan finds it inadequate as government announces overhaul of goals

Goals to stop the decline of nature and clean up the air and water in England are slipping out of reach, a new report has warned.

An audit of the Environmental Improvement Plan (EIP), which is the mechanism by which the government’s legally binding targets for improving nature should be met, has found that plans for thriving plants and wildlife and clean air are deteriorating. This plan was supposed to replace the EU-derived environmental regulations the UK used until the Environment Act was passed in 2021 after Brexit.

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John Podesta says negotiations ‘to find a path forward’ continue with urgent discussions planned for Cop29

Trade frictions and increasing tension between the US and China won’t affect climate negotiations between the two superpowers if he can help it, the US climate chief has pledged.

John Podesta, a senior adviser to Joe Biden on international climate policy, said the relationship between the world’s two biggest emitters and largest economies was critical to climate action, despite what appears to be a deepening gulf over trade policy.

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Following the publication of technical documents by the Science Based Targets initiative (SBTi), which included both scenarios for including carbon credits under its revised net-zero corporate standard as well as a paper describing their use as risky and ineffective, voluntary market stakeholders have reacted with confusion at the developments and expressed frustration at the long wait until a final decision.

Canada-based Carbon RX has signed an agreement with a Manitoba rancher to enroll their land into a regenerative grassland management programme.

Countries around Europe have adopted ambitious policies in order to capitalise on the emerging carbon capture and storage (CCS) industry - but costs are set to differ significantly across sectors and countries, according to pricing data shared with and analysed by Carbon Pulse.

The Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Reporting Initiative (GRI) have released guidelines to help companies align their nature-related disclosures.

From definitive default values for imported goods to anti-circumvention rules on trade, there are still plenty of unknowns associated with the EU’s Carbon Border Adjustment Mechanism (CBAM) that make the bloc’s carbon tariff a very high risk policy, according to the European steelmakers association, Eurofer.

A US-based durable carbon removal startup announced the successful closing of a $30 million Series A funding round on Tuesday.

Australia’s Fortescue, an iron ore giant with a sideline in clean energy, has signed a non-binding agreement with a shipping company to collaborate on decarbonising the sector.

A single approach to measuring nature is emerging as the core method across disclosures, targets, and biodiversity credit markets, researchers said in an article seen by Carbon Pulse.

European carbon prices slipped back into the middle of the range they have occupied for the last month and a half as natural gas prices declined, removing some of the support that had underpinned last week's rally.

New Zealand is on track to reach its first interim emissions reduction target based on a swathe of data assessed by the independent Climate Change Commission, but uncertainty persists, its inaugural annual monitoring report released Tuesday found.

The Integrity Council for the Voluntary Carbon Market (ICVCM) has launched an independent forum to give Indigenous Peoples "a strong voice" in ensuring finance from carbon credits flows to local communities.