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Action against Letzte Generation could have ‘immense chilling effect’ on climate protest, campaigners say

Five members of Letzte Generation, Germany’s equivalent to Just Stop Oil, have been charged with “forming a criminal organisation”, a move civil rights campaigners say could in effect criminalise future support for the climate campaign.

Mirjam Herrmann, 27, Henning Jeschke, 22, Edmund Schulz, 60, Lukas Popp, 25, and Jakob Beyer, 30, were charged under section 129 of the German criminal code. It is believed to be the first time the law has been applied to a non-violent protest group.

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Europe’s financial markets regulator has launched a consultation on proposed amendments to technical standards for commodity derivatives, including enhanced position management controls and reporting requirements for venues offering trading in emissions allowances.

Market infrastructure firm Xpansiv has secured fresh funding from investors, the company announced Thursday, without disclosing further details.

The government of Zambia has entered into an agreement with the World Bank to cut greenhouse gas emissions in the Eastern Province of the African nation, the bank announced this week.

A major offset registry is partnering with a specialist carbon insurance company to develop “next generation buffer management”, the two firms announced on Thursday.

EU carbon permit prices forged higher on Thursday to set yet another four-month high, as natural gas markets extended their recent gains and breached a key technical level, while UK Allowances strengthened for a seventh day to reach their highest since the first week of the year.

Voluntary carbon standard Verra plans to issue new credits aligned with Article 6 of the Paris Agreement by the end of the year, a company executive told Carbon Pulse.

The Marinus Link is moving ahead as deals on the futuristic tech needed to complete the massive project continue to be signed off.

The post Hitachi wins contract to build massive Marinus Link DC converter stations appeared first on RenewEconomy.

Puro.earth has certified its first direct air capture (DAC) carbon removals, according to a release Thursday.

The EU's carbon removal framework could lead climate finance to be shifted away from least-developed countries, a conference heard.

The Euclid telescope mission, backed by Durham University scientists, releases dark Universe images.

Fire chiefs say specialist service equipment used in natural disasters and terror attacks needs to be replaced.

The next European Commission that will be appointed after the June EU election is unlikely to radically change course on climate policy, but rather shift its focus to industrial policy and investment to achieve the bloc’s climate goals, a top EU official has said.

The International Tribunal for the Law of the Sea (ITLOS) has declared that signatory states of the UN Convention on the Law of the Sea (UNCLOS) have an obligation to protect the ocean from the impacts of climate change, with small island countries hailing the decision as a victory.

After old rivalries between Dogon farmers and Fulani herders erupted into violence, exacerbated by Islamist rebels, thousands of the semi-nomadic pastoralists have fled to camps in towns, leaving their cherished animals and way of life. Many must beg to survive at sites lacking food and clean water, with no end in sight to the conflict

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India’s securities and commodities market regulator has proposed changes to the country’s Business Responsibility and Sustainability Reporting (BRSR) framework, opening for companies to earn “leadership” status by listing green credits they or their value chain partners have generated through tree-planting and other environmentally beneficial activities.

Australia’s states can work with the federal government to scale up the nation’s carbon market, a conference heard this week, although an industry roadmap would help guide its development.

The Shanghai municipal government is set to auction off 1 million CO2 allowances for its municipal emissions trading scheme at the end of May, with the price floor set near current market levels.

Research from a carbon removal marketplace has raised concern that a large share of the expected future supply from the sector may be of a low quality, brought on by a rush to develop projects due to a recent surge in demand for credits.

Swaps and options transactions in the Australian carbon market are becoming more common place thanks to the variety of reasons entities were venturing into the market, traders told a conference this week, but scale will also be needed to meet the coming demand from the Safeguard Mechanism.