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European carbon prices rose for a second day on Friday morning, approaching key technical levels as a rally in gas appeared to support sustained buying in EUAs amid the strongest auction result in nearly two weeks.

Nearly 60,000 hectares of forest was cleared in Brazil's Cerrado and the Amazon in late 2023, with likely ties to the supply chains of some of the world's largest soy exporters, including Bunge and Cargill, a report has found.

The Community Advisory Panel (CAP) of the UN-backed Biodiversity Credit Alliance (BCA) has released draft recommendations on biodiversity credits for consultation, in a bid to bring attention to Indigenous People and local communities' rights in the emerging voluntary market.

China’s environment ministry on Friday released for public consultation draft CO2 emissions accounting and reporting guidelines for the aluminium smelting industry as part of preparations to expand its emissions trading scheme beyond coal-fired power plants.

Right to Roam finds areas of outstanding natural beauty have on average poorer footpath access than rest of England

England’s most stunning “national landscapes” are largely out of bounds, and 22 of the 34 have less than 10% of their area open to the public, research has found.

The government last year renamed areas of outstanding natural beauty to national landscapes, and said part of their aim was to widen access to nature. Ministers said at the time the new name reflected a recognition that they are not just beautiful but important for many reasons including improving wellbeing.

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The European steel industry has won a special carve-out from the EU ETS, ensuring the sector continues to receive an estimated 18 million carbon allowances for free until 2030, according to previously unreleased documents seen by Carbon Pulse.

Norway is scrapping the floor price for its indirect EU ETS cost compensation scheme and introducing an annual ceiling on the total amount of grant funding available to companies, which is intended to shield energy-intensive industries from carbon leakage.

Moscow says it is looking to build up its clean energy industry and price greenhouse gas emissions — but the talk is seen by some as purely “lip service” designed to look like Russia is acting on climate change.

Chinese carbon prices reached a new high this week despite a lack of substantial compliance demand, as optimistic expectations about policy updates continue to buoy the market.

The Indo-Pacific Economic Framework (IPEF), spanning 13 countries across the region and the US, has penned a Clean Economy Agreement (CEA) that involves collaboration on the Paris Agreement’s Article 6 and potential spending of as much as $10-15 billion on carbon removals this decade.

A subsidiary of a German chemicals manufacturer will work with two project developers to promote its crop cultivation management software, which can simplify the process of creating carbon credits under Japan's domestic offset scheme.

The best of this week’s wildlife photographs from around the world

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One of Japan's largest gas suppliers has joined hands with a tech consultancy to provide early-stage financing for nature-based voluntary projects, as part of its credit purchase strategy for carbon neutral products.  

The cost containment measure (CCM) function under Australia’s reformed Safeguard Mechanism is unlikely to be needed and its purpose should be addressed, according to analysis released Friday.

One of the three exchanges planning to host trading of carbon allowances under India's emissions trading scheme expects to launch the emissions market in the second quarter of the 2025 financial year after the government finalises regulations, and roll it out across states gradually, local media reported.

Biomethane producers could earn Australian Carbon Credit Units (ACCUs) as a way to attract finance and investment in decarbonising hard-to-abate sectors, according to a government discussion paper, however cost and lack of current demand could prove challenging.

The winners of the annual British Wildlife Photography awards have been announced, with the winner – an image of invasive goose barnacles hitching a lift across the ocean on a discarded football – chosen from more than 14,000 submissions

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Just one day after it announced local councils would no longer have to comply with Significant Natural Areas (SNAs) considerations, the New Zealand government has had to retract its announcement after realising it would be unlawful to do so.

Construction is underway on what will be Australia’s biggest battery project, the giant four-hour Collie battery energy storage system.

The post Construction starts on Australia’s biggest battery, to replace Collie coal appeared first on RenewEconomy.

Solar Victoria CEO Stan Krpan talks rebate milestones, red hot heat pump demand and home battery uptake. Plus rooftop solar crackdowns and a battery business in trouble.

The post Solar Insiders Podcast: Heat pump demand red hot, batteries just warming up appeared first on RenewEconomy.