Feed aggregator

Washington Clean Fuels Program (WCFP) prices have lost a third of their value in just over a week after recent data showed the inaugural quarter of the low-carbon fuel standard produced a credit surplus.

A US-based multi-asset investment data and portfolio analysis product provider on Tuesday announced the acquisition of a carbon intelligence analysis and advisory firm.

Australia’s move towards net zero emissoions by 2020 is in danger of stalling. If it is not to fail, the nation urgently needs a government plan, aligned with industry and with public support. Tony Wood, Program Director, Energy, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.

A climate overshoot that creates warmer oceans with lower oxygen levels will reduce the suitable habitat for many marine species long after CO₂ levels have peaked and declined. Tilo Ziehn, Principal Research Scientist, CSIRO Andrew Lenton, Director Permanent Carbon Locking Future Science Platform (CarbonLock), CSIRO Environment, CSIRO Yeray Santana-Falcón, Postdoctoral research fellow, CNRM, Météo-France (Toulouse, France) Licensed as Creative Commons – attribution, no derivatives.

It’s spring, but many street trees look stressed and sick. Heat and insect attack are arriving early. But our cities are also steadily losing canopy cover. Gregory Moore, Senior Research Associate, School of Ecosystem and Forest Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

A California-based oil and natural gas producer revealed on Tuesday its plans for a large-scale carbon capture and storage (CCS) project based in the state’s major oil-producing region.

California Governor Gavin Newsom (D) this weekend declined to sign a Senate bill that would have tightened regulations for voluntary carbon offset marketers by subjecting them to the state's advertising law.

Negotiators for the European Commission, the European Parliament, and the Council of EU member states met on Tuesday to discuss methane emissions reduction in the energy sector, aiming to narrow divisions over the extent the EU should regulate gas imports.

Around 3.5 million carbon credits have been bid and offered on the Climate Impact X (CIX) trading window for its Nature X nature-based solutions index since its June launch, the company announced Tuesday, highlighting the growing competition for benchmarking voluntary carbon market products.

Allowance volumes offered at RGGI’s Q4 auction will increase to the highest point since the first quarter of this year, the power sector cap-and-trade scheme’s notice showed Tuesday, with Virginia primed to participate in its last ever sale.

The costs of switching to greener fuels for the container shipping sector currently exceeds the costs of purchasing EU ETS allowances and may continue to be higher even if carbon prices rise,  bank analysts said in a report published on Tuesday that outlined how the sector's entry into carbon market from next year is expected to lead to a 20-40% rise in freight rates.

Researchers have developed gene-edited chickens that are partially resistant to bird flu.

The two largest voluntary carbon credit buying sectors over the past three years have seen significant declines in retirements in 2023, registry data collated by an analytics firm shows, at the same time as integrity initiatives look to shore up confidence in the market.

Despite it being taboo and illegal to kill critically endangered primate, 30% of villages have evidence of killing in ‘last five to 10 years’

Orangutans on the island of Borneo continue to be illegally killed, likely in large numbers, even when there are nearby projects to save the critically endangered primate, according to new research.

Despite the taboo and illegal nature of killing orangutans, researchers heard evidence of a direct killing from at least one person in 30% of 79 villages surveyed in Indonesia’s Kalimantan region.

Continue reading...

European carbon advanced strongly on Tuesday morning, reaching a ten-day high as the market began to catch up with a 22% leap in front-month natural gas prices since Friday, which traders said has triggered some degree of EUA short-covering among speculative investors.

World gas demand is set to grow in developing nations across Asia and the gas-rich parts of Africa even as legacy buyers ramp down their imports to focus on power supply from renewables and nuclear, according to the International Energy Agency (IEA).

A US-based startup company has raised $3.2 million to help build an exchange to host trade in multiple tokenised carbon credits intended to boost market liquidity.

The Executive Board of the United Nations Clean Development Mechanism (CDM) has approved a hydrogen baseline and monitoring carbon crediting methodology proposed by a Chinese hydrogen company and the country’s biggest state-owned wind power producer and main carbon exchange.

Poland’s election outcome this weekend may lead to more support for renewables in the country if the main opposition receives enough votes to form a coalition government, but a clear coal phaseout date is not likely to be set by either of the main political parties.

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).