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Traders believe the June RGGI auction will likely set a new record high settlement by clearing near current secondary market pricing levels, though they are less certain as to whether these bids will trigger additional permit volume from the Cost Containment Reserve (CCR).

Four global diversified funds from a Canadian wealth manager will see their partial portfolio emissions offset by the purchase and retirement of carbon credits from a voluntary emissions reduction (VER) investor, the companies announced Tuesday.

A Brazilian offset project promoting cycle use was awarded the lowest-possible score by a carbon credit ratings agency on Tuesday, with four other activities assigned with new or reaffirmed grades.

EU leaders on Tuesday tasked their ministers to rapidly agree a position on the bloc's RePowerEU proposals, ending a two-day summit resolved to forging a more united energy policy.

American Carbon Registry (ACR) has banned the tokenisation of its carbon offset credits unless it has given explicit authorisation, the registry announced Tuesday in the wake of Verra’s decision last week to stop the practice of tokenising its retired credits.

The international arm of Chinese oil and gas giant PetroChina has named a new head of trading for environmental products in the Americas.

The great white shark could have helped push the megalodon to extinction through a battle for food.

Amid accusations of greenwashing, the designer’s steel-tree gift to the Queen appears to be a dangerously inept heir to London’s other recent urban misfire

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Environmental groups launched a free online tool on Tuesday that they say will help voluntary buyers assess the quality of carbon credits, with initial testing showing that getting a high score for quality across all categories is unlikely.

Baby boomers were complicit in the decay of our civic life and cultural fabric – and we must play a serious role in fixing it

I had the chance this month to spend a couple of weeks on an utterly wild and remote Alaskan shore – there was plenty of company, but all of it had fur, feathers or fins. And there was no way to hear from the outside world, which now may be the true mark of wilderness. So, bliss. But also, on returning, shock. If you’re not immersed in it daily, the tide of mass shootings, record heatwaves and corroded politicians spouting ugly conspiracies seems even more truly and impossibly crazy.

Camping deep in the wild is not for everyone, but there’s another way to back up and look at our chaos with some perspective – and that’s to separate yourself in time instead of space.

Bill McKibben is Schumann Distinguished Scholar in environmental studies at Middlebury College and the author most recently of The Flag, the Cross, and the Station Wagon: A Graying American Looks Back at His Suburban Boyhood and Wonders What the Hell Happened

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EUA prices were little changed on Tuesday morning as activity wound down ahead of public holidays and a pause in the daily auction programme, while traders eyed proceedings at an EU leaders' meeting where some member states voiced objections to a plan to sell MSR-held units.

Labor MP Chris Bowen has been appointed Australia's new climate change and energy minister, while AgriProve has yet again dominated the latest round of project registrations by the Clean Energy Regulator.

China’s finance ministry will develop a toolkit to facilitate the country’s path towards carbon neutrality, sparking fresh speculation that a carbon tax might be on the steps.

Exclusive: PM told there could be eight years’ decline before any gains despite already being at ‘rock bottom’

The government has set damaging and illogical targets for species recovery in England that could mean there is eight years of decline before any improvement, despite already being at “rock bottom”, scientists have warned the prime minister.

Twenty-three leading scientists from institutions including Oxford and Cambridge universities, the Natural History Museum, the Zoological Society of London and the RSPB have written to Boris Johnson expressing their alarm over the nature targets.

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One of China’s richest provinces has released a draft plan to launch a nature-based carbon offset programme, though uncertainty around the national government’s approach to corresponding adjustments means the resulting credits might be restricted to domestic consumption.

The number of global asset managers that have now set climate targets has reached over 80, with nearly 40% of their assets aligned with a net zero emissions by 2050 goal, an update from the Net Zero Asset Managers Initiative (NZAM) reported on Tuesday.

The rise of teals and Greens challenges Labor to take more ambitious climate action, but room to move is constrained by pre-election commitments. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

Chris Bowen confirmed as Australia's next climate and energy minister, the first climate minister since the last Labor government.

The post Chris Bowen confirmed as new energy and climate minister, McAllister as assistant appeared first on RenewEconomy.

The Australian Carbon Credit Unit (ACCU) spot price is likely to double over the next eight years to A$70 ($50), but remain below A$40 for the time being, analysts said Tuesday.

SA Labor calls for designs and delivery concepts for $592 million hydrogen hub proposed for Whyalla, but stays vague on what colour it prefers.

The post South Australia seeks ideas for Whyalla hydrogen hub, both blue and green appeared first on RenewEconomy.