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Critics say a commitment to build new gas-fired power stations would threaten climate pledges.

The volume of NZUs available at auction must be dramatically reduced to cut a surplus in New Zealand’s ETS that threatens to undermine its effectiveness, the country’s Climate Change Commission (CCC) said Tuesday.

The Oregon Department of Environmental Protection (DEQ) on Monday announced a new rulemaking schedule to reinstate its market-based GHG reduction programme that a state court dismissed in December.

Market participants coalesced around expectations for the first RGGI allowance auction of 2024 to clear around the Cost Containment Reserve (CCR) trigger, with secondary market prices converging towards that level over the last month.

Renewables accounted for a record 51.8 pct share of electricity consumption in Germany in 2023, as wind output overtook coal for first time.

The post Renewables provide 52 pct of German power in 2023, as wind overtakes coal appeared first on RenewEconomy.

Buildings can be engineered to resist bushfires, but we can’t engineer the many aspects of human behaviour and decision-making that will still put lives at risk. Alan March, Professor of Urban Planning, Faculty of Architecture, Building and Planning, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Indigenous fire management shaped Australian tropical savannas over millennia, until the arrival of Europeans pushed the landscape back into a dangerous, unmanaged state. Cassandra Rowe, Research Fellow, James Cook University Corey J. A. Bradshaw, Matthew Flinders Professor of Global Ecology and Models Theme Leader for the ARC Centre of Excellence for Australian Biodiversity and Heritage, Flinders University Michael Bird, JCU Distinguished Professor, ARC Centre of Excellence for Australian Biodiversity and Heritage, James Cook University Licensed as Creative Commons – attribution, no derivatives.

A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.

Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.

The first avian influenza cases in the penguins of South Georgia are reported by scientists.

An Amsterdam-based climate tech company launched its second direct air capture unit for onsite carbon capture and utilisation in large greenhouses and vertical farms.

The US Department of Energy (DOE) announced $425 million in a second round of funding to support clean energy manufacturing while reducing industrial emissions in former coal communities.

A Singapore-based exchange is expected to be 'weeks away' from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.

The Russian invasion of Ukraine could lead to cropland expanding over eight million hectares worldwide, driving biodiversity loss as far away as the Americas, a study has estimated.

Police and wildlife officials were unable to rescue the animal because of high winds and surf in Gulf of Mexico waters

A sperm whale who became stranded on a Florida beach over the weekend has died, state’s fish and wildlife conservation commission said in a statement on Monday.

The case was an urgent one for animal preservationists because sperm whales are classified as an endangered species.

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Bank of America (BofA) plans to expand its carbon trading business and sees significant growth in the European markets, members of the firm told Bloomberg.

Rethinking the monitoring criteria of umbrella species will enhance biodiversity conservation efforts, leading to more efficient and cost-saving programmes, researchers have found.

Review found ongoing ‘mistrust’ among farmers, including many who remain unconvinced by need for pollution regulations

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A review of the Queensland government’s Great Barrier Reef protection regulations has found that almost half the affected farmers still believe there is little or no scientific evidence to support pollution reduction rules.

The laws, passed in 2019, were based on scientific advice that limits on sediment and chemical runoff were needed in the reef catchment, amid concerns about water quality.

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The UK's state-owned nuclear energy and fuels company is buying land for future developments, as part of the government's plans for a "revival" in the technology that includes developing a new large-scale reactor and mini plants.

European carbon prices declined on Monday morning, led lower by weakening natural gas prices that shrugged off an unplanned outage in the North Sea and suggestions that traders may be stating to unwind positions ahead of the March options contract expiry later this week.