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Companies need to begin tackling their emissions beyond the value chain if they want to credibly work towards net zero - taking responsibility for what it takes to meet their targets, and being transparent when they fall off track, according to recommendations released by a standards-setter during Climate Week NYC on Tuesday.

Fortescue announces $4 billion deal for hundreds of electric trucks, dozers and excavators to eliminate fossil fuels at its mines. Even Rio Tinto is excited and vowing to be a "fast follower."

The post Fortescue strikes $4 billion deal for electric trucks and dozers to eliminate fossil fuels at giant mines appeared first on RenewEconomy.

Novel data on global methane emissions, collected by two satellites launched this past year, will be published in early 2025, project proponents said during Climate Week NYC on Tuesday.

The US Environmental Protection Agency (EPA) has requested the country’s Supreme Court (SCOTUS) to deny stay applications filed by Republican-backed states against the agency’s rules to limit methane output from the oil and gas sector.

A US-based CO2 removal (CDR) company announced Tuesday that it has sold nearly 400,000 tonnes of biochar credits to an undisclosed US buyer.

The US Federal Energy Regulatory Commission (FERC) has dismissed a complaint from the Virginia Municipal Electric Association (VMEA) that Dominion Energy improperly accounted, and subsequently over-charged, for its RGGI costs.

A US-based coalition of carbon management companies published on Tuesday a report highlighting the synergies between the carbon dioxide removal (CDR) industry and electric utilities working towards decarbonisation.

Many of Australia’s offshore oil and gas projects have finished. Wells need to be plugged; steel structures and pipelines removed. There’s A$60 billion worth of work to be done in coming decades. Darryn Snell, Associate professor, School of Management, RMIT University Al Rainnie, Adjunct professor, UniSA Business, University of South Australia Licensed as Creative Commons – attribution, no derivatives.

It seems increasingly clear the Coalition’s nuclear policy would prolong Australia’s reliance on fossil fuels, at a time when the world is rapidly moving to far cleaner sources of power. Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.

A tech company has partnered with a major price reporting agency to launch a trading platform for the voluntary carbon market that will focus on the exchange of tech-based carbon offsets, the companies announced Tuesday.

A group of Global South community-based climate organisations is calling on the Science Based Targets Initiative (SBTi) to allow companies to use carbon credits to offset their Scope 3 emissions, they announced on Tuesday.

A not-so-mature transition of the Polish steel industry is slowing decarbonisation in the country and in the EU, according to analysts who are urging Warsaw to "make a decision now, not later".

The UK ETS Authority announced this week a series of proposed technical and operational amendments to the market, with a consultation now open until mid-October on the changes.

The risks of geological carbon storage could be mitigated by more government involvement, EU-set CO2 purity standards, and third-party verifiers, according to an environmental research institute.

Airlines can meet net zero by 2050 but the transition bill will hit $4.7 trillion and need policy intervention, according to industry group IATA, with the CORSIA costs to account for only a fraction of the total.

Amaga pseudobama was first spotted in 2020 in North Carolina and has now spread to Florida and Georgia

A new species of invasive flatworm has been discovered in the United States and has been found in several states in the south, according to a new paper.

The species, named Amaga pseudobama, was discovered by an international team of researchers and first spotted in 2020 in North Carolina. It is thought to be native to South America.

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Airlines will be able to buy carbon credits eligible for CORSIA Phase 1 at a special event hosted by industry association IATA in the final quarter of the year, the industry association announced Tuesday, also publishing an update to its net-zero roadmap for the sector.

A major standards body and a large US investment bank have agreed to collaborate in advancing environmental markets and developing innovative financial solutions that specifically target greenhouse gas and plastic waste reduction initiatives.

Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.

The undefined legal nature of a carbon credit, and the vast gulley between the cost of many new technologies and current allowance prices, are red flags cited by a lawyer reflecting on proposals to integrate carbon removals in compliance schemes.