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The British opposition Labour Party has rolled back on a pledge to invest £28 billion per year on green energy ahead of a general election due in 2024.

Keir Starmer’s announcement is a historic mistake on economic, political and environmental grounds

On Thursday, they finally made it official. For the first time, the EU’s climate change service confirms, global warming has exceeded 1.5C above preindustrial levels across an entire year. The speed and scale of that rise represents a terrifying precedent if it is not reversed, and a shocking act of collective damage to the planet.

It also casts Thursday’s other grim climate announcement – Labour’s long-trailed decision to retreat from its signature commitment to spend £28bn a year equipping the economy to reach its climate targets – into even starker relief. Labour ended up choosing an embarrassing day to make its announcement. But the truth is that any day would have been a bad day for such a humiliating rowback.

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Community members claiming violations of ethical principles face limited support in both the voluntary carbon market and Article 6 of the Paris Agreement, according to community leaders and observers.

No one expected the Tories to crash the economy like they did. Building a greener Britain means being honest about this

The coming election will be a once-in-a-generation choice: between five more years of economic failure or a long-term plan to invest in Britain’s future. At the beginning of a new age of economic and technological change, we have the chance to seize these historic opportunities so we can once again be a thriving, prosperous nation.

We are under no illusion about the scale of the challenge facing us. Taxes are at a 70-year high, our public services are on their knees, the national debt is continuing to rise, and the cost of living crisis is still biting for families across our country. These are not signs of a successful economy. They are the symptoms of 14 years of economic failure and a Britain that is worse off.

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Voluntary carbon offset provider Climate Impact Partners and Botanic Gardens Conservation International (BGCI) have partnered to launch a programme to finance biodiversity conservation.

A responsible investor group has announced it will engage 40 major companies worldwide as a part of an initiative on nature stewardship aimed at raising pressure on firms to disclose their nature-related impacts and help shape better environmental policies.

Judicial review looking at claims agency allowed destructive levels of nutrients from chicken manure to enter waterway

One of the country’s favourite rivers is going into a “death spiral” say campaigners, as lawyers argued in court that the Environment Agency was failing to apply the law and save the waterway.

Anti-pollution charity River Action took the Environment Agency (EA) to court on Wednesday for a judicial review, claiming it is allowing destructive levels of nutrients from chicken manure to enter the River Wye.

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EU co-legislators are failing to adequately address how units generated through the Carbon Removal Certification Framework (CRCF) will be used and the potential for double counting or claiming of those units, NGOs warned in a letter to EU council negotiators this week.

The failure to adopt key Article 6 texts at the COP28 summit in Dubai should be a lesson for those engaging in international carbon markets, an expert told a conference on Thursday.

New commitments to underpin the implementation of the Kunming-Montreal Global Biodiversity Framework (GBF) agreement will be at the core of the 14th Conference of the Parties to the Convention on the Conservation of Migratory Species (CMS) that starts next week, as efforts to halt and reverse biodiversity loss by 2030 are gaining momentum.

Expectations of a surge in demand for carbon credits are beginning to rumble after analysis points to retirement levels jumping two-thirds in 2024 to top 250 million.

Researchers have unveiled a scorecard to evaluate the efforts of major financial firms in aligning with net zero emissions targets by 2050, highlighting nine as transition leaders.

A US startup has unveiled a commercial-scale carbon transformation unit as it aims to scale sustainable aviation fuel (SAF) production, as well as sell credits to corporates from the resulting mitigation, Bloomberg reported.

Nuclear fusion still remains a long way off but brings the world one step closer to endless clean energy.

Countries lined up to trade carbon credits with Singapore have seen an uptick of interest from corporates itching to find bargains to meet their carbon tax exposure, according to the head of one analysis agency.

Italy’s data protection body investigates claims police shared names and addresses with firm collecting penalties for TfL

The names and addresses of thousands of EU drivers were unlawfully accessed by Italian police and shared with the company that collects Ulez penalties on behalf of Transport for London (TfL), investigators believe.

The Italian data protection authority is investigating claims by Belgium’s government that an unnamed police department misused official powers to pass the personal details of Belgian drivers to Euro Parking Collections, which is employed by TfL to issue fines to enforce London’s low emission zone (Lez) and ultra-low emission zone.

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Persistent downside factors have deepened a crisis in the EU steel and are set to curb what the ETS-covered sector hoped to be a demand rebound in 2024, while the Carbon Border Adjustment Mechanism (CBAM) may fix the problem in the future, according to market data published on Thursday.

EU countries and MEPs have provisionally agreed to postpone by two years a deadline adopting sector-specific European Sustainability Reporting Standards (ESRS), giving companies more time to adapt to the first set of rules. 

Feat by scientists at Oxfordshire facility described as ‘fitting swansong’ for pioneering project as reactor is decommissioned

The prospect of a green energy source based on the power of the stars has received a boost after scientists set a world record for the amount of energy created by fusing atoms together.

Researchers at the Joint European Torus (JET), an experimental fusion reactor at the Culham Centre for Fusion Energy in Oxfordshire, generated 69 megajoules of energy over five seconds from a mere 0.2 milligrams of fuel in the final fusion experiment performed at the facility.

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An auction for up to 10 million forward carbon credits from three host nations authorised for corresponding adjustments, tradeable units known as ITMOs, has been delayed until April, the sale's organisers said Thursday.