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RGGI Allowance (RGA) values ticked down from five-month highs in muted activity over the last five days as traders looked towards this week's Q2 allowance sale.

The Virginia State Corporation Commission (SCC) should adjust down the total cost for a Dominion Energy subsidiary to purchase tens of millions of RGGI Allowances (RGAs) before the jurisdiction leaves the power sector carbon market at year-end, a hearing examiner wrote last week.

US biofuel credit (RIN) values sagged to levels not seen in over a year on Monday as traders pointed to the impending finalisation of multi-year Renewable Fuel Standard (RFS) quotas and a continued influx of renewable diesel production.

Bureaucrats this week will continue a global stocktake of progress made on climate action under the UN Paris Agreement, but some observers say that the process needs to promote concrete solutions, rather than simply pointing out current failures.

Carbon credit prices continued to soften over the past week amid dipping demand and a growing surplus weighing on the voluntary market.

One year after Bruno Pereira and Dom Phillips were killed in the Amazon, their work explaining what is happening there goes on

The decision by Brazilian police to charge two more men with the murders of Bruno Pereira and Dom Phillips, in the Javari valley region of the Amazon, brings the possibility of justice one step closer. To the three fishers already in custody for the shootings, which took place one year ago, have been added the alleged leader of a transnational illegal fishing network, Ruben Dario da Silva Villar, nicknamed Colombia (where he also has citizenship). A fourth fisher, Jânio Freitas de Souza, is alleged to have been one of Silva Villar’s henchmen on the Itaquaí river, where the killings took place.

For friends and supporters of the two men’s work defending the Amazon and its Indigenous inhabitants, the investigation’s progress offers some relief. If such acts of violence go unpunished, criminal organisations that wield power in the Amazon will be further emboldened in their use. But even if convictions are secured, this will be the exception and not the rule when it comes to attacks on environmental defenders – defined by the United Nations as people who strive to protect human rights relating to nature.

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Proposed compensation would be paid to developing countries that must transition away from fossil fuels

Rich industrialised countries responsible for excessive levels of greenhouse gas emissions could be liable to pay $170tn in climate reparations by 2050 to ensure targets to curtail climate breakdown are met, a new study calculates.

The proposed compensation, which amounts to almost $6tn annually, would be paid to historically low-polluting developing countries that must transition away from fossil fuels despite not having yet used their “fair share” of the global carbon budget, according to the analysis published in the journal Nature Sustainability.

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The UN body helping to shape which projects are eligible under the Paris Agreement's carbon credit mechanism has launched a consultation on the role of removals, with members planning further work to agree on technical elements relating to permanence, storage, and the classification of activities.

The German government will this week launch a multi-billion euro Carbon Contracts for Difference (CCfD) programme to help the nation's EU ETS-covered heavy industries decarbonise their operations, the minister of economy and climate Robert Habeck announced on Monday.

Simon Stiell tells conference in Bonn the world is at ‘tipping point’ and must fight together for common good

The world is at a “tipping point” in the climate crisis that requires all countries to put aside their national interests to fight for the common good, the UN’s top climate official has warned.

Simon Stiell, the executive secretary of the UN Framework Convention on Climate Change, pointed to recent findings from scientists that temperatures were likely to exceed the threshold of 1.5C above pre-industrial levels within the next five years.

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Monitoring stations that already test for pollution could have dual purpose of mapping declines in biodiversity, reveals new study

From owls to hedgehogs to fungi, genetic material from plants and animals is being inadvertently hoovered up by air-quality monitoring stations around the world, creating an untapped “vault of biodiversity data”, according to a new scientific paper.

Globally, thousands of air filters are continually testing for heavy metals and other pollutants in the atmosphere. Scientists are now realising that this monitoring network is also picking up invisible traces of genetic material known as airborne environmental DNA (eDNA) from bits of hair, feathers, saliva and pollen.

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Panorama investigates the links between UK's food safety advisors and the ultra-processed food industry.

Lawyers for chemical company say they are making ‘significant’ progress over deal with city of Stuart, Florida

US industrial conglomerate 3M and the city of Stuart, Florida are making “significant” progress to settle a water pollution suit tied to toxic “forever chemicals” and sought to delay a trial, according to a court filing on Sunday.

3M was scheduled to face trial in South Carolina federal court on Monday in a lawsuit brought by the Florida city accusing the company of manufacturing PFAS, or per- and polyflouroalkyl substances, despite knowing for decades that the chemicals can cause cancer and other ailments.

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Concentrations of plastics in round-the-world race through remote ocean environments found to be up to 18 times higher than during previous event in 2017-18

Sailors testing the waters during the Ocean Race, which travels through some of the world’s most remote ocean environments, have found microplastics in every sample.

Up to 1,884 microplastic particles were found per cubic metre of seawater in some locations, up to 18 times higher than in similar tests during the last Ocean Race, which ended in 2018. Scientists noted that the sensitivity of their instruments is now higher.

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A group of eight green groups on Monday launched a coalition that will focus on delivering nature-based projects across the Southeast Asian region that reduce emissions and conserve biodiversity.

European carbon prices rose on Monday morning, resuming their fluctuation around a key €80 level as the market was boosted by stronger energy markets amid a slew of bullish news headlines and fundamental drivers.

Another ex-Point Carbon/Refinitiv carbon markets expert has been reunited with former colleagues at Oslo-based analytics firm Veyt.

An initiative funded by the UK government has launched a programme to generate biodiversity credits through nature restoration and conservation projects in Uganda and Zambia.

A London-listed international power and natural resource project developer has teamed up with one of China's largest oil and gas producers through the operation of subsidiaries to jointly develop a planned green hydrogen project in Pakistan.

How to Save the Amazon will be published so Dom Phillips’ work telling the stories of rainforest defenders does not die with him

One year after Dom Phillips was killed in the Brazilian Amazon, friends and colleagues have come together in a show of journalistic solidarity to keep his legacy alive and finish the book the British journalist was working on at the time of his death.

Phillips and his Brazilian companion, the Indigenous expert Bruno Pereira, were killed while returning from the remote Javari valley in the western Amazon last June. Three men have been charged with murder and are being held in high-security prisons while awaiting a decision on whether they will face trial.

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