Feed aggregator

A Canadian materials producer this month announced nearly $23.8 million in investments to test a novel carbon capture technology at one of its paper mills.

Investment in cutting emissions from the US land sector, specifically targeting both forestry and agriculture, could see significant annual results based on a carbon price range of $30-60/tonne, a new study has estimated, while calling for a balanced focus and warning of diminishing returns.

For a building’s environmental footprint to be properly factored into its value, the industry needs to galvanise around a single data point, with carbon use intensity a likely forerunner, according to industry experts.

Corporate nature-related reporting significantly increased this year among large companies, with disclosures aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) more than doubled compared to 2023, a new report has shown.

Continue reading...

India’s largest offset developer has registered a renewable energy project in Azerbaijan, making it the first ever large-scale renewable energy project eligible for generating carbon credits in the COP29 host nation.

Elnur Soltanov recorded speaking with fake oil and gas group that asked for deals in exchange for sponsoring talks

The chief executive of Cop29 has been filmed apparently agreeing to facilitate fossil fuel deals at the climate summit.

The recording has amplified calls by campaigners who want the fossil fuel industry and its lobbyists to be banned from future Cop talks.

Continue reading...

Carbon project rating agency BeZero Carbon made over $20 million in losses in the last financial year, according to publicly available documents, due to the creation of 50 jobs and subsidiaries in the US and Singapore, the company said.

A San Francisco-based marine drone startup has raised $2 million in pre-seed funding to develop its technology aimed at advancing seagrass restoration.

Ukraine has adopted legislation establishing a national emission trading system (ETS) this week, which will start in 2026 with a two-year pilot phase and will become fully operational in 2029.

European carbon prices extended their late Thursday rally to climb above key technical levels amid continued buying in power and gas markets as weather forecasts called for lower temperatures in much of Europe.

UK-headquartered conservation company Environment Bank has announced a 30-year restoration and rewilding project within over 178,000 hectares of low-yielding land in North Yorkshire, England.

It could have been better designed, but Rachel Reeves’s inheritance tweak will help farmers with mud on their boots

Should multimillionaire landowners benefit from a tax break designed to help small family farms pass down their land to their children? This is a hotly contested question, given last week’s budget. Labour has reintroduced 20% inheritance tax for farms that are valued at more than £1m, meaning the children of farmers will no longer inherit land tax-free. Granted, 20% is still only half of the standard inheritance tax rate, and it probably sounds more than generous to an ex-miner, foundry worker or shipbuilder. But today, £1m would only buy you about 40 hectares (100 acres) of farmland, which is far short of a viable farm.

Farming is a long-term business that requires substantial assets and often makes only meagre returns. Farming families have not had to consider tax planning for family succession since 1992. As a second-generation farmer, I support much of the budget. But on the inheritance tax threshold, I thought, the chancellor, Rachel Reeves, had got it wrong. The positive reading of her decision is that she was trying to close a loophole whereby wealthy people buy up farmland and pass it, tax-free, to their children. If that was the main objective, though, the threshold should have been set substantially higher than £1m.

Guy Singh-Watson is the founder of the organic veg box company Riverford and a member of Patriotic Millionaires UK. He grows organic vegetables on 60 hectares (150 acres) in Devon and 120 hectares (300 acres) in the French Vendée. He sold Riverford in 2018 to its 1,000 employees, and the company is now 100% employee-owned

Continue reading...

Prices in China’s national emissions market hit a fresh all-time high again the past week while trading volume surged, buoyed by growing compliance demand, though a newly introduced carryover policy may complicate the price growth outlook.

Opposing views on climate, and the need to ramp up spending on defence and clean energy in the wake of Donald Trump’s election in the US, all played a part in the fall of the German government coalition, Chancellor Olaf Scholz has said.

The emergence of carbon border adjustment mechanisms (CBAM) has created a heightened sense of uncertainty among Chinese exporters, despite China's recent policy progress in expanding its mandatory carbon market, analysts said this week.

A Vancouver-based carbon credits project developer has completed its business combination with a ‘blank cheque’ company, securing an additional $43 million to go public on the US stock exchange.

October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.

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

Continue reading...

Undercover filming shows COP29 chief exec discussing new oil and gas projects ahead of climate summit.