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The EU is advancing on incentivising and regulating carbon removals as part of its efforts to reach net zero emissions by mid-century, an NGO said on Tuesday as it unveiled its policy tracker tool, adding a warning that the lack of coordinated vision and uneven efforts could jeopardise progress.

This is a role within a new team at bp that provides detailed commercial and power market analysis to support our low carbon energy businesses, optimize our revenue streams and support the development of the low carbon pipeline.

The slump in REDD avoided deforestation prices triggered a flurry of trades on Tuesday for older vintages of some well-known projects in the sector, brokers reported.

A US-based carbon offset firm has secured a $5 million investment, it announced Tuesday, bringing it closer to its fundraising goal.

Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act

As they exited their office in Tribeca on Monday afternoon, Citibank employees were confronted with a boisterous crowd chanting and dancing along to the music of a mariachi band.

It was a funny sight: New York banking professionals in black and gray business attire coming face to face with a loud, colorful group on a mission to engage in a conversation about the climate crisis.

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The EU’s carbon border adjustment mechanism (CBAM) will have a disproportionate effect on low- and middle-income countries, according to a study published this week that supports the argument for revenues collected at the border to be recycled back to vulnerable trading partners.

MP Chris Skidmore says approval would undermine UK’s efforts to tackle climate crisis and its claims to leadership on world stage

• Opinion: I can’t let ministers trash our net zero pledge

The government’s former “net zero tsar” has urged ministers to halt the development of the Rosebank oilfield in the North Sea, or risk destroying the UK’s credibility on the climate crisis.

Chris Skidmore, the influential Conservative MP who led the review of the UK’s climate goals, writes in the Guardian on Tuesday of his concern that the development could derail net zero.

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The Irish minister for agriculture has called for the rewetting of peatlands to be included in the European Commission's definition of carbon farming, during a meeting in Luxembourg on Tuesday.

Only the United States, Russia and China have successfully landed a spacecraft on the Moon.

A legislative vote is slated to take place in Ecuador in the coming weeks, with the potential to greenlight carbon market development in the heavily-forested South American country after years of inactivity.

EUA prices fell for a ninth time in ten sessions on Tuesday morning as sentiment continued to weaken, even as ministers formally approved ETS reforms and the launch of a carbon border adjustment mechanism, while UK carbon permits shrugged off the bearish continental trend to rise for a second day.

Roadmap to stop use of substances including ‘forever chemicals’ used to implement bans on 14 chemical groups so far, report states

A plan to ban up to 7,000 of the most potentially dangerous chemicals on the European market by 2030 is failing badly, according to a study.

A year ago, the EU launched a roadmap to banning groups of toxic substances linked to environmental damage and serious illnesses such as cancers, hormonal disruption and reprotoxic disorders. These included all bisphenols, the most dangerous flame retardants, and the increasingly controversial PFAS chemicals (per- and polyfluoroalkyl substances).

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The global low-carbon project pipeline has accelerated in the past year to reach over 400 projects in the first quarter of 2023, driven by green hydrogen projects as last year’s elevated gas prices have taken the shine off prospects for fossil-fuel based projects equipped with CCS, analysts told a webinar on Tuesday.

Agreement between grouse moor managers and conservationists had also aimed to restore populations

Illegal killings of birds of prey have led the Peak District national park to end an agreement between grouse moor managers and bird conservationists aimed at protecting raptors.

The partnership was set up in 2011 and sought to restore bird of prey populations in the park. The rare birds have historically been killed by gamekeepers and others because they predate on grouse populations, which are maintained for shooting.

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China should consider implementing a secondary model within its national spot power market that interfaces with the existing local markets to accelerate the decarbonisation of the country's power sector, according to the International Energy Agency (IEA).

EU member states on Tuesday gave their approval to a series of provisional deals aiming to put shipping, buildings and road transport under carbon pricing, impose a carbon border adjustment mechanism (CBAM), and launch a Social Climate Fund.

Singapore-based carbon exchange Climate Impact X (CIX) has partnered with an AI-driven decarbonisation platform that will provide access to voluntary buyers with net zero targets across several Asia-Pacific countries.

Cities bringing climate litigation against oil majors welcome US supreme court’s decision to rebuff appeal to move cases to federal courts

The decision, climate experts and advocates said, felt “like a dam breaking” after years of legal delays to the growing wave of climate lawsuits facing major oil companies.

Without weighing in on the merits of the cases, the supreme court on Monday rebuffed an appeal by major oil companies that want to face the litigation in federal courts, rather than in state courts, which are seen as more favorable to plaintiffs.

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One of China's biggest securities firms has signed a letter of intent with a Shanghai-listed forestry and paper company to secure domestically-issued CCERs worth no less than 100 million yuan ($14.5 mln), aiming to make a preemptive move ahead of the relaunch of the national voluntary scheme.

Ny-Ålesund in Svalbard, Norway, sits deep within the Arctic Circle, about 700 miles from the north pole. It has about 35 year-round residents, but in summer the population swells to more than 100 as scientists fly in from around the world. Life in the town centres around saunas, sled dogs, and a weekly evening gathering called Strikk og Drikk, or Knit and Sip

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