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Analysts offered varying forecasts for Canada’s Clean Fuel Regulations (CFR) average price out to 2030 in a webinar on Wednesday, with changes in regulatory design expected to impact future credit prices.

A still early-stage, but already well funded startup in the Voluntary Carbon Markets space is seeking a Carbon Project Developer with at least 2 years of experience in the area of project development and management for nature-based solutions, e.g. with Verra and Gold Standard projects and methodologies.

Gasoline sales in California declined in April to offset March's uptick, while both gas and diesel consumption posted their first months below 2021 levels so far this year, according to state data published Wednesday. 

US President Joe Biden (D) on Wednesday announced several measures to help kickstart offshore wind developments as part of a suite of forthcoming climate-related executive actions, after Democratic Senator Joe Manchin and all Congressional Republicans have blocked clean energy-focused legislation.

Joe Biden has unveiled a new plan to push billions of dollars to US cities and states to help them cope better with extreme heat.

The US president stopped short, however, of declaring a climate emergency.

Biden outlined the new actions in a speech on Wednesday at a former coal plant in Massachusetts which is now part of an offshore windfarm project.

The initiatives are aimed at helping salvage the president’s tattered climate agenda

• Biden vows to tackle climate ‘emergency’ 
• Biden unveils extreme heat plan – but doesn’t declare climate emergency
  

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A London-based brokerage has been fined for breaking rules in booking an off-exchange EU carbon allowance trade.

We can no longer pretend we’re separate to nature. If ecosystems collapse, our society will be threatened too. Liz Hanna, Honorary Associate Professor, Australian National University Mark Howden, Director, ANU Institute for Climate, Energy and Disaster Solutions, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Having so many threatened species live among us in our towns and cities reflects the impacts of urban development but is also an opportunity for us all to pitch in and ensure their survival. Kylie Soanes, Postdoctoral Fellow, School of Ecosystem and Forest Sciences, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Verra will begin the long-awaited public consultation process on third-party crypto instruments next month after the standards body temporarily halted the tokenisation of its retired carbon credits this spring, the organisation announced Wednesday.

• Drone footage captured a swarm of jellyfish floating in the waters near Haifa in northern Israel.

The video footage was released by Israel's Parks and Nature Authority.

Jellyfish typically migrate in the summer months and drift close to the shores of the eastern Mediterranean.

Sea pollution and climate change are citied by authorities among the reason for their high concentration.

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The mammals are coming from Namibia in a deal that has been in negotiations since 2020.

The company’s new campaign trumpets that it is ‘laying the foundations for a low carbon future’ – without mentioning the nearly $1bn it spent on coal production in 2020 and 2021

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Glencore is one of Australia’s largest exporters of thermal coal – a product that, when burned, is a major driver of the climate crisis.

But the Anglo-Swiss mining giant is on an advertising and marketing blitz in Australia – tagline: “Advancing everyday life” – where mention of the thermal coal that earned them US$10.9bn in revenue in the last two years has so far been conspicuously absent.

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Study found nine years of culling has failed to reduce bTB levels in UK cattle herds

Scientists, vets and naturalists are calling for a moratorium on the badger cull in the light of evidence that they say shows nine years of killing badgers has failed to reduce bovine TB in cattle.

The culling of legally protected badgers to reduce cattle TB enters its 10th season this summer, despite the publication of a scientific paper in the journal Veterinary Record earlier this year which concluded that culling had no significant impact on bTB in cattle herds. The paper sparked a row over its methodology, which the government says was flawed, but its supporters say it shows the practice should be ended.

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The Bank of Montreal (BMO) has purchased Calgary-based offset developer and sustainability firm Radicle, the companies announced Wednesday, as financial players have yet to relent on taking a stake in the voluntary carbon market (VCM).

An energy efficiency scheme in the US has been given a low chance of avoiding or removing a tonne of CO2 by a ratings agency in its latest round.

A cookstove project in Africa expects to generate 3 million carbon credits over the next seven years after securing new funding.

EU member states should curb their natural gas demand by 15% over the coming eight months from August, the European Commission said on Wednesday in a plan designed to increase the bloc’s resilience in the face of potential Russian gas supply disruptions.

AEMO tells two Snowy Hydro gas generators to stop producing power unless they can prove they are not drawing from depleted central reserve.

The post AEMO tells two Snowy Hydro generators to stop burning gas as supplies shrink appeared first on RenewEconomy.

Another Chinese company has been caught falsifying data under the national emissions trading scheme as regional governments continue efforts to identify and stamp out carbon market fraud, though available sanctions against wrongdoers remain weak.

EUAs tumbled below a key technical level and prompted additional selling as the market reacted to details of the European Commission's plan to reduce gas demand ahead of the winter demand season.