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The Alberta government must increase the stringency of its Technology Innovation and Emissions Reduction (TIER) programme even more than it is planning in order to prevent a downturn in emissions performance credit and offset prices, researchers said Wednesday.

US Republican and Democratic lawmakers on Thursday introduced a bill to combat deforestation and aid global CO2 reduction efforts, including by helping countries to participate in carbon markets.

The Washington Department of Ecology (ECY) on Thursday published its final WCI-modelled carbon market regulation, making a slight alteration in the initial GHG budgets ahead of the programme launch in January.

Our oceans have absorbed almost all the extra heat we’ve trapped with our emissions. Now we know how this heat moves in ocean currents. Moninya Roughan, Professor in Oceanography, UNSW Sydney Junde Li, Postdoctoral research associate Licensed as Creative Commons – attribution, no derivatives.

Lillipillies are one of Australia’s great gifts to the natural world. But the story of these homegrown heroes may be taking a grim turn. Darren Crayn, Professor and Director, Australian Tropical Herbarium, James Cook University Licensed as Creative Commons – attribution, no derivatives.

The European Central Bank is leading efforts among its peers worldwide to step up the fight against climate change and biodiversity loss, but evidence suggests these moves will have scant impact compared to even a modest carbon price.

Energy ministers will meet on Friday to finally adopt long-floated measures aimed at taming rocketing energy prices, ranging from mandatory electricity curbs to taxing windfall profits, against the backdrop of a worsened geopolitical scenario since the EU-27 gathered only a couple of weeks prior.

Scientists ‘shocked’ by rate of change as rapid sea-ice melt drives absorption of CO2 – with ‘huge implications’ for Arctic sea life

Acidification of the western Arctic Ocean is happening three to four times faster than in other ocean basins, a new study has found.

The ocean, which absorbs a third of all of the carbon dioxide in the atmosphere, has grown more acidic because of fossil fuel use. Rapid loss of sea ice in the Arctic region over the past three decades has accelerated the rate of long-term acidification, according to the study, published in Science on Thursday.

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The Supervisory Body for the UN's new crediting mechanism has issued recommendations on carbon removals and called on experts to help finalise its guidance, despite fears that the ideas are too vague.

Planting trees, rainwater gardens and de-paving can mitigate effects of climate crisis, according to analysis of 2,000 cities

Urban greening initiatives such as planting street trees, rainwater gardens and de-paving can help mitigate the impacts of urban heating due to the climate crisis and urban expansion, according to a study that has found cities have been warming by 0.5C a decade on average.

Scientists at Nanjing and Yale Universities analysed satellite data from across 2,000 cities and compared surface temperature readings between cities and rural areas from 2002 to 2021.

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Leaks from Nord Stream pipelines this week may emit greenhouse gases equivalent to more-than 70% of Danish annual output over a 20-year period, according to analysis of government figures that would place them among the biggest gas leaks ever and pose a major climate threat.

New analysis finds Bitcoin as damaging to the planet as some of the world’s most dirtiest industries, including beef, gas and oil. But an answer could be in the ether.

The post Bitcoin’s beefy carbon problem – and how other crypto currencies might avoid it appeared first on RenewEconomy.

'Gold plating' certain types of offset credits in the drive to improve integrity in the voluntary carbon market (VCM) could prove detrimental in combating global warming, a markets standards body warned on Thursday.

Air carriers’ association IATA on Wednesday scrapped its request for a less ambitious CORSIA emissions baseline, setting the stage for the ICAO Assembly to adopt the slightly more ambitious compromise proposal put forth by the UN body’s Council.

Bill would see 570 EU-derived environmental laws removed at end of 2023, with little time to replace them

The government’s “Brexit freedoms bill” could see all legal protections from pesticides abolished, wildlife campaigners have warned, putting insects, wildlife and human health in danger.

The bill, published a week ago by prime minister Liz Truss’s new administration, would result in all EU-derived laws being removed at the end of 2023, including 570 environmental regulations. The government could retain or amend some regulations, but has not set out plans to do so. Campaigners are worried there is insufficient time to put new regulations in place.

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Andrew Forrest urges businesses to aim for ‘real zero’ to reduce environmental impact

Carbon offsets are questionable, dangerous and far from a good investment for companies hoping to reduce their environmental impact, Australia’s richest man has said.

Andrew Forrest, a billionaire turned philanthropist who made his fortune in mining and minerals, is turning his vast iron ore extraction operation, Fortescue Metals Group, into a zero carbon business.

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A group of clean technology investors and policy leaders are urging policymakers to avoid cutting the size of the ETS-backed Innovation Fund amid emerging threats to reduce its scale. 

Asked what local consent looks like, PM hesitates and says she will make sure there is local consent

Liz Truss has refused to give details of how local consent would be given for fracking in a particular area, amid growing evidence that it will be pushed through as a national infrastructure project.

In an interview with BBC Radio Lancashire, the prime minister said she was not familiar with the Preston New Road site in the county and had never visited.

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The European steel association Eurofer has called on Brussels for help in managing the costs associated with carbon ahead of ministerial energy crisis talks on Friday, but continues to support the EU's flagship Fit for 55 climate package that is soon to be finalised, a representative confirmed to Carbon Pulse.

EUAs made a modest rally early on Thursday after testing a recent low and as some traders continued to cover short positions amid lacklustre demand, while energy prices reversed the previous session's strong gains after Germany's gas network regulator warned that further demand cuts are needed.