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UK carbon allowances will pare recent losses to average around £70 for the remainder of the year but will remain valued below their EU counterparts amid policy uncertainty and supply and demand factors, analysts predicted in Carbon Pulse's inaugural UKA price poll.

Some systems at Defra are so old they have no protection from cyber-attacks, says public accounts committee

UK politics live – latest updates

Food security and air quality in the UK are being put at risk by outdated IT systems at the Department for Environment, Food and Rural Affairs (Defra), a parliamentary committee has found.

MPs have said the situation “cannot continue” as officials are having to use paper forms rather than digital systems to track fast-moving animal disease and keep food, air and water safe.

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Western Australia unveils stunning plan to build more than 50GW of new capacity, with a focus on solar and storage, to meet electrification and green industry needs.

The post WA plans huge switch to solar and storage as part of stunning 50GW green energy boom appeared first on RenewEconomy.

Pennsylvania’s membership in the power sector RGGI carbon market would cause allowance values to fall significantly and yield CO2 abatement with little change in electricity prices, according to new modelling published Tuesday.

The price of D3 RINs jumped in recent days following a media report that the US EPA may delay a proposal that would permit electric vehicles (EV) automakers to earn Renewable Fuel Standard (RFS) credits by using renewable electricity produced from biogas.

Most EU lawmakers on Tuesday voiced their support for a proposal that would ban the bloc's companies from relying on carbon credits when making sustainability claims to consumers, suggesting a smooth passage for the plans in a vote due later this week.

We are looking for an individual with deep expertise in carbon markets and biogas to join as our new LCS Strategy & Regulatory Affairs Manager. This role will lead the Chicago and Houston LCS commercial teams in understanding business risks and opportunities from relevant regulatory and policy developments in carbon and RNG.

We are looking for an individual with strong carbon markets and biogas policy expertise to join us in London as our LCS Strategy & Regulatory Affairs Project Manager. This role will work with both the bp biogas and carbon trading and origination teams by providing regulatory insights and helping the teams understand commercial impacts from regulatory changes.

Most of the baby's DNA comes from their two parents, with a small percentage from a donor.

The European Environment Agency (EEA) published a note on Tuesday outlining the declining trends in biodiversity across the continent and highlighting how restoration will benefit both nature and social objectives, key points in the wake of parliamentary ruckus surrounding the bloc's proposed Nature Restoration Act.

Spain is facing one of its worst droughts in recent history, which is becoming increasingly visible through drone footage.

Last month was the driest April in five decades and the warmest on record since 1961, according to the state agency Aemet. This has caused reservoirs and wetlands across the country to be affected, with many looking much emptier than they did the same time last year.

In northern Catalonia, the Rialb, Baells and La Llosa del Cavall reservoirs are now below 25% of their capacity, with the Rialb reservoir particularly badly affected, showing cracked ground and only holding 5.69% of its capacity

• Spain braced for record April temperature of 39C as extreme heat causes misery

• Catalonia’s farmers face threat of drought … and a plague of hungry rabbits

• April Mediterranean heatwave ‘almost impossible’ without climate crisis

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Voluntary avoidance credits continued to soften over the past week as the macroeconomic climate of higher interest rates and slowing economic growth undermined corporate demand during a growing glut of available supply in the market.

Relying on a boss’s embarrassment is a bad way to structure performance pay at utilities

• Three UK water bosses give up bonuses after anger over sewage
  

Contain your excitement at news that bosses of a few water companies won’t be taking their bonuses this year. In all three cases – South West Water, Thames Water and Yorkshire Water - acceptance of any bonus at all would rightly have provoked general outrage. These firms were at, or near to, the bottom of the league table in the Environment Agency’s last set of annual environmental performance ratings.

At the most sludgy end, South West joined Southern in scoring the lowest possible one star out of four, which the chair of the EA – a body that itself has hardly excelled during three decades of under-regulation – translated into plain English. It meant the companies’ environmental performance “was terrible across the board”. Thames and Yorkshire were two of four companies getting two stars, which indicated a need for “significant improvement”, so still deeply in cruddy territory.

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The CEOs of Thames, Yorkshire and South West Water will not take their bonuses this year.

The UK government will require mandatory reporting by oil and gas firms operating in the North Sea in efforts to create a “treasure map” of potential CO2 storage sites, aiming to affirm overall storage capacity to help attract private investment.

EUAs traded higher for a third day in a row amid modest volume on Tuesday morning as bulls continued to steer the market clear of the 200-day moving average, while energy prices resumed their steady declines as storage supplies continue to rise faster than historic trends.

The global head of carbon for S&P Global Platts has resigned to take up a similar role at an industry competitor, Carbon Pulse has learned.

UK businesses are asking the government to relaunch an industrial strategy, noting the importance of supporting manufacturing in the face of increased competitive pressure from the US and other global jurisdictions, as well as the backdrop of Brexit, technology acceleration, and the transition to a net zero emissions economy.

Australia has committed cash in its latest budget to ensure the recommendations of the independent review into its carbon market are carried out alongside a raft of investments in hydrogen and electrification, touting its goal to turn the country into a renewable energy superpower.

A county government in China's Fujian province has issued a call for public opinions on a set of administrative measures for the registry and trading of ocean-based carbon sinks, with a focus on credits generated by local fishery projects.