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A major US-based agricultural carbon offset firm distributed around $6 mln to US farmers and ranchers in its second year, it announced Wednesday, around a third less than was awarded in the programme's inaugural year.

California Carbon Allowance (CCA) prices inched higher this week on relatively low volume as post-auction selling ran into support from long-term buyers and options trading, while Washington Carbon Allowances (WCAs) continued to lose ground both before and after the scheme's Q2 auction result publication.

Spain's Naturgy opens another wind farm contracted to ACT government, and aims to lift its Australian renewables and battery capacity five fold within two years.

The post Naturgy opens new Victoria wind farm as part of major renewables and storage push appeared first on RenewEconomy.

The Quebec environment ministry on Thursday shed light on its plan to ratify possible adjustments to its WCI-linked cap-and-trade system, as it also revealed further details on the topics the province and California will discuss at a carbon market rulemaking webinar next week.

The likely El Niño is bad timing for the electricity sector, and means Australians may face supply disruptions and volatile prices. Dylan McConnell, Senior Research Associate, Renewable Energy & Energy Systems Analyst, UNSW Sydney Iain MacGill, Joint director, Collaboration on Energy and Environmental Markets, and Professor, School of Electrical Engineering and Telecommunications, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Unusual human-wildlife interactions raise questions about managing the risks. Wildlife scientist Vanessa Pirotta asks: What’s driving these wacky whale antics? How and when should we intervene? Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University Licensed as Creative Commons – attribution, no derivatives.

The US and EU are approaching carbon dioxide removal (CDR) technology ramp up in starkly different ways, a panel heard on Thursday, reflecting on US efforts to disburse funding while the EU focuses on setting ground rules and definitions prior to initiating large-scale cash disbursals.

The European Commission may be prepared to adjust its proposed Nature Restoration law (NRL) and reconcile with some legislators that have vehemently objected to the bill, an exploratory non-paper circulated on Thursday suggests.

A California-based technology conglomerate has pre-ordered millions of nature-based removal credits from a fintech financier and carbon offset supplier in a partnership announced Wednesday.

The shift to claiming carbon credits as contributions to a host nation's climate action, rather than to offset emissions, is a welcome addition to climate action but still requires a focus on quality, a non-profit climate think-tank said Thursday, warning that the trend potentially risks lead to a downturn in funding projects in the Global South.

Exclusive: rapid analysis of extreme event by Stanford University shows worst day of exposure to such pollution since 2006

• Canada wildfires smoke – live updates

The US experienced its worst toxic air pollution from wildfire smoke in its recent recorded history on Wednesday, researchers have found, with people in New York exposed to levels of pollution more than five times above the national air quality standard.

The rapid analysis of the extreme event, shared with the Guardian, found that smoke billowing south from forest fires in Canada caused Americans to suffer the worst day of average exposure to such pollution since a dataset on smoky conditions started in 2006.

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A climate impact verification platform has secured $37 million in series B funding to help in its efforts to scale activity through digitisation.

The voluntary carbon market is showing more alignment on integrity principles, according to the head of the demand-side Voluntary Carbon Market Integrity initiative (VCMI), eyeing a time soon when firms will make claims approved by his initiative via credit purchases tagged with a supply-side integrity label.

Switzerland will hold its first auction for 2023 carbon permits between Sep. 11 and 13, it announced Thursday.

A group of major investors has teamed up to launch a new agri-tech startup aimed at decarbonising rice cultivation in Asia via the voluntary carbon market.

The UK emissions market has traded at a discount to the EU ETS since the end of 2022 amid a lack of policy certainty and falling emissions from the power sector, but reforms to the British cap-and-trade system could put the market back on a bullish trajectory, analysts said on Thursday.

Both emerging startups and traditional institutions are stepping up to insure carbon credit investments, a panel heard on Thursday, with these insurers noting their role in guarding against many different types of risks that may deter market scale.

Advocacy group says continued destruction of critical habitat leaves it no choice but to take legal action against Steven Guilbeault

Environmental groups in Canada are taking legal action against the country’s environment minister, arguing his delay in protecting old growth forest is harming the critically endangered northern spotted owl.

In February, Steven Guilbeault said he would recommend an emergency order after determining the species was facing “imminent threats” to its survival.

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Better management of existing apex predators and compensation schemes for farmers and gamekeepers needed, broadcaster says

Lynx and wolves are likely to become feared and hated if they are reintroduced into Britain’s forests, the adventurer and broadcaster Ray Mears has warned.

Speaking at Cheltenham science festival, he said Britain was not ready for such rewilding schemes, despite the potential ecological benefits.

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The world's largest investor engagement initiative on climate change has announced a second phase to run until 2030, with the primary focus shifting from corporate disclosure to the implementation of climate transition plans.