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A group of global trading houses will collaborate to offer new price assessments and products focussed on the growing Australian Carbon Credit Unit (ACCU) market, they announced Thursday.

With the glut of renewable diesel (RD) supply in the US, producers are eyeing fresh opportunities for new demand abroad, with domestic production further incentivised by an upcoming production tax credit.

Charts that show electricity production, by country and fuel.

The post Charts of the day: Global generation fuel trends appeared first on RenewEconomy.

Biofuel producers warned Tuesday against a US ban on used cooking oil (UCO) imports from China, arguing that a ban would disincentivise foreign biofuel-producing nations from creating mandates to decrease emissions of transportation fuels through Low Carbon Fuel Standard (LCFS) regulations.

A new study has unveiled stark inequalities in global climate governance, highlighting that the most influential countries in climate negotiations bear far fewer consequences from climate-related disasters than those with less influence.

Investment from the US private sector towards decarbonisation has slowed since 2022, a US treasury official said Wednesday, calling on firms to finance technologies to reduce emissions from the shipping and industrial sectors.

Higher emissions in 2023 under Alberta’s Technology Innovation and Emission Reduction (TIER) programme resulted in increased usage of offsets and emission performance credits (EPCs), according to a compliance report published Monday.

Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.

The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.

Brazil's voluntary carbon market (VCM) will play a role in mitigation efforts if it is able to attract large-scale investment – but even then, it may not channel sufficient climate finance and reduce enough emissions to be an engine of net zero on either a global or national scale.

Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.

A new registry launched Wednesday for Brazilian carbon projects, announcing its first transaction at the Brazil Climate Summit in New York.

As the voluntary carbon credit industry has grown, so has the number of related lawsuits, prompting one US university to expand its legal resources to address this trend.

Food campaign Bite Back says 10 firms account for more carbon emissions globally than aviation industry

Britain’s biggest food and drink firms are doing too little to tackle the climate emergency and are producing “staggering” amounts of greenhouse gases, campaigners claim.

The 10 companies that manufacture more of the UK’s food than anyone else produce more carbon emissions between them than even the aviation industry, a report says.

Three of the firms increased their annual emissions in 2022 – Ferrero, Kraft Heinz and PepsiCo.

Seven are on course to miss meeting emissions targets they have set themselves to achieve by 2050.

Only four have a verifiable commitment to reach net zero emissions by 2050 – Danone, Mars, Mondelēz and Nestlé.

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India’s methane emissions from coal mining could double should it expand its domestic industry in order to reduce reliance on imports and feed its increasingly demanding power and steel sectors, a think tank has found.

A US-based tech giant has inked another deal to purchase CO2 removal credits, this time from a California-headquartered carbon-negative power company.

Scientists found 90% of young coral surveyed remained healthy compared with 25% of older corals, after mass bleaching event in the Caribbean

Young corals bred using in vitro fertilisation (IVF) and planted in reefs around the US, Mexico and the Caribbean have surprised scientists, after most survived last year’s record marine heatwave, while older corals struggled.

A study has found that 90% of the young IVF-created corals surveyed remained healthy and colourful, holding on to the algae that live within them and supply them with nutrition. In contrast, only about a quarter of older non-IVF corals remained healthy.

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Energy intensive industries continue to face obstacles on their road to decarbonisation, according to economists from the European Central Bank (ECB), who raised concerns about the next phase of EU emissions trading.

A company overseeing a biodiversity credit pilot in Romania is seeking to show the government how its use of EU environmental payments is incentivising the degradation of hay meadows, Carbon Pulse has learned.

The buyers club Frontier has facilitated its fourth round of carbon removal (CDR) pre-purchases, with $4.5 million spent on credits from nine project developers, including first-of-their-kind deals in India and Africa.