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A “live” carbon removals marketplace was launched on Thursday in an effort to raise funding for the nascent technology.

Investors continue to build holdings in V25 California Carbon Allowance (CCA) holdings, reducing exposure in V24s, while traders cut RGGI Allowance (RGA) and Washington Carbon Allowance (WCA) net length over the last week, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).

A Canadian research group published on Wednesday a report tracking carbon pricing in the nation, highlighting pathways to harmonise its nine industrial carbon markets, in order to remove interprovincial trade barriers and reduce compliance costs.

The California State Senate passed a measure on Friday supported by Governor Gavin Newsom (D) intended to prevent spikes in fuel prices, despite concerns that a state agency will receive overly broad authority and savings at the pump won’t materialise for Californians.

The European Environment Agency (EEA) this week warned that Europe’s efforts to decarbonise its transport sector face significant challenges, particularly in aviation and maritime transport, despite progress in reducing emissions in other areas.

Hurricanes Helene and Milton have bookended a particularly stormy period. What's behind it?

Hurricanes Helene and Milton have bookended a particularly stormy period. What's behind it?

A handful of big purchases, mainly by Microsoft and Equinor, kept the needle moving upwards in the carbon removal (CDR) market in the third quarter, as overall volumes remained small and prices high.

A carbon removal certification programme has approved a new biochar protocol with a durability option exceeding 1,000 years, along with another module focused on the technology.

A range of carbon pricing measures and the private sector will come together in Chile’s market-led model of climate action, ministers said at the Chile Carbon Forum this week in Santiago.

US oil and gas industry members maintained their support for enhanced oil recovery (EOR) as a beneficial carbon capture, utilisation, and storage (CCUS) solution, even as market forecasts indicate a shift towards dedicated geological storage, a conference heard this week.

Japan has decided to subsidise a single project to develop under the Joint Crediting Mechanism (JCM) after issuing a tender earlier in the year calling for hydrogen or other advanced decarbonisation technologies not yet included in the scheme.

The credit surplus in the voluntary carbon market (VCM) should not hold back price development and liquidity as the market reforms, analysts at Carbon Forward Expo London said on Thursday, suggesting a two-speed market could develop in the future.

The UN's international aviation offsetting scheme could provide the foundation for generating strong voluntary carbon trade and lead to much-needed standardisation in the market, but demand may take time to materialise and governments need to step in to send investors a clear signal, according to a carbon exchange CEO.

50,000 people sign petition against creation of channel for river water through Ferris Meadow Lake

A freshwater lake that attracts more than 30,000 swimmers a year is under threat of closure from an Environment Agency (EA) plan to reduce flooding that will channel in polluted river water, according to campaigners.

Almost 50,000 people have signed a petition calling on the EA and Surrey county council to reroute the flood channel away from the lake, which is a site of nature conservation. But the EA and Surrey council seem likely to press ahead with the 50-metre wide channel, bisecting the lake and feeding river floodwater into its centre.

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The two new EU commissioners-designate responsible for climate policy are preparing for a high-stake confirmation hearing in the European Parliament next month, amid a dispute between political groups over the timing of the interviews.

A startup converting agricultural waste into syngas using solar energy for the production of carbon-neutral synthetic fuel described the technology as “low hanging fruit” for scaling up sustainable fuels for aviation and maritime.

More than year’s worth of rain fell in two days in south-east Morocco, filling up lake that had been dry for decades

Dramatic pictures have emerged of the first floods in the Sahara in half a century.

Two days of rainfall in September exceeded yearly averages in several areas of south-eastMorocco and caused a deluge, officials of the country’s meteorology agency said in early October. In Tagounite, a village about 450km(280 miles) south of the capital, Rabat, more than 100mm (3.9 inches) was recorded in a 24-hour period.

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European carbon prices corrected lower for much of the morning following two highly bullish sessions, with multiple participants citing the influence of a London conference as boosting sentiment in recent days, as easing gas prices on Friday also pressured EUAs to undo some of their strength.

Prices in China's CO2 allowance market remained above 100 yuan ($14.15) after the Golden Week holidays, with a surge in weekly trading volumes amid growing compliance demand.