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Allowances prices in Turkiye’s ETS are expected to eventually mirror those for EUAs in the EU carbon market, meaning they could climb to as high as €150/tonne by the mid-2030s, experts said this week.

Fears Climate Change Committee’s advice not to allow carryover from last carbon budget will be ignored

Ministers are considering plans to weaken the UK’s carbon-cutting plans by allowing the unused portion of the last carbon budget to be carried over to the next period.

This would go against the strong recommendation of the government’s statutory climate advisers, the Climate Change Committee.

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Climate scientists have told the Guardian they expect catastrophic levels of global heating. Here’s what that would mean for the planet

• World is on edge of climate abyss, UN warns
• Climate scientists expect global heating to blast past 1.5C target

Global heating is likely to soar past internationally agreed limits, according to a Guardian survey of hundreds of leading climate experts, bringing catastrophic heatwaves, floods and storms.

Only 6% of the respondents thought the 1.5C limit could be achieved, and this would require extraordinarily fast, radical action to halt and reverse the world’s rising emissions from fossil fuel burning.

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A conservationist is on a mission to keep a Welsh island a sanctuary for native red squirrels.

A Tennessee-based direct air capture (DAC) company launched a pilot facility Wednesday, its initial deployment of an approach that the firm’s CEO told Carbon Pulse offers a more energy efficient alternative in the emerging industry.

Democratic lawmakers in Virginia and the state's Republican governor reportedly reached a yet-to-be-published budget deal Thursday that is expected to exclude proposed language on rejoining the regional power sector cap-and-trade programme.

Compliance entities have added to their holdings across North American carbon markets, while managed money continue to reduce vintage 2024 positions in most schemes in favour of longer-dated California Carbon Allowances (CCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).

In a revolutionary approach, scientists are hoping that modifying the marsupial’s genes to resist cane toads’ toxin will save it from extinction

In a laboratory in the University of Melbourne earlier this year, PhD student Pierre Ibri was running an experiment that could prove to be a critical step in an audacious plan to save Australia’s endangered northern quoll.

In plastic trays were groups of tissue cells of another Australian marsupial – the common and mouse-like fat-tailed dunnart – that he was subjecting to the toxin of the cane toad, an invasive amphibian that has cut a swathe through populations of native animals in Australia’s north.

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Gigawatt scale solar and battery project near large coal fired power station gets green tick from federal government.

The post Gigawatt-scale solar and battery project near Queensland coal plant wins federal green tick appeared first on RenewEconomy.

A solar storm of this scale can cause disruptions to infrastructure such as the power grid.

The local wildlife trust hopes the tunnels will boost the reptile's numbers by encouraging mating.

Retirement of coal- and lignite-fired power plants by EU member states could lead to as many as 160 million EUAs being voluntarily cancelled by 2030, with even more set to be deleted after that date, forcing prices higher as supply is removed from the market, according to an analyst.

A Mexican standards body has launched a new version of an international offsetting standard adapted to the national context as the country moves to pass new transparency regulations governing the voluntary carbon market (VCM), according to a local media report.

The Los Lagos region of Chile aims to implement Chile’s first offsetting exchange to facilitate the purchase of carbon credits and decarbonise local industries, per a local paper from the city of Osorno.

As a scientist, I’m faced with indifference and a failure to understand the reality of the climate crisis every day. We must wake people up

• Bill McGuire is professor emeritus of geophysical and climate hazards at UCL

Do you find climate breakdown funny? Do you think it’s a laughing matter that we are on track to bequeath to our children and their children a planet changed for the worse beyond all recognition? I don’t – and I’m sure the presenters of Radio 4’s Today programme don’t either. But I couldn’t help feeling we were having a bit of a Don’t Look Up moment yesterday, hearing them brush off predictions by top climate scientists that our world will end up at least 2.5C hotter as depressing and “gloomy”. This is not to say that laughter and grim news shouldn’t or can’t go together. I work with comedians to help get the climate crisis message across, but we use humour to aid understanding and to help cope, not to denigrate and mock.

The truth is that most people, including many professional journalists, and most politicians, don’t really “get” climate breakdown. Partly this reflects a heads-in-the-sand attitude, but mainly it flags a poor understanding of just how bad things are set to get.

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Group says two women in their 80s took hammer and chisel to protective glass at British Library

Two Just Stop Oil protesters have smashed the glass around Magna Carta at the British Library.

The Rev Sue Parfitt, 82, and Judy Bruce, 85, a retired biology teacher, targeted the protective enclosure with a hammer and chisel on Friday morning.

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Two carbon registries will begin offering updates about projects throughout their lifecycle in a bid to improve voluntary market (VCM) transparency post-validation and verification, according to representatives speaking at Carbon Forward Turkiye on Friday.

Turkiye’s national development, including socioeconomic and ecological dimensions, are at the forefront of stakeholder interest in the voluntary carbon market (VCM) and potential Article 6 engagement, Carbon Forward Turkiye heard Friday in Izmir.

Turkish renewable energy companies say they are struggling to develop projects because of the high costs, long timelines, and administrative burdens of certifying their emission reductions, combined with the low prices and uncertainty in the voluntary carbon market.

Nepal should make it easier for private sector actors to engage in Article 6 projects to help make sure the country can meet its commitments under the Paris Agreement, the UN Development Programme (UNDP) said Friday.