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Climate bills in Australia and the US promise progress without carbon taxes or markets. Here’s why. Ian A. MacKenzie, Associate Professor in Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.

A fast-growing population – 50% bigger than it was in 1990 – is causing, directly or indirectly, all of Australia’s serious environmental problems. These impacts must be central to decision-making. Ian Lowe, Emeritus Professor, School of Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Janildo Oliveira Guajajara had recently taken part in an Amazon assembly organised by murdered Indigenous specialist Bruno Pereira

A rainforest activist from one of Brazil’s leading Indigenous protection groups has been killed just weeks after participating in an Amazon assembly organised by the murdered Indigenous specialist Bruno Pereira.

Janildo Oliveira Guajajara, a member of the Guardiões da Floresta (Forest Guardians) collective, was reportedly shot dead in the early hours of Saturday near the Araribóia Indigenous territory where he lived.

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Offset prices slipped lower over the past week, wiping out August’s gains, and eroding hopes the voluntary carbon market was escaping the clutches of the inflation-induced global economic slowdown.

Energy ministers will meet later this week in a scramble to agree on a rapid fix to soaring energy prices, when options on the table will include establishing price caps, suspending power derivatives markets, taxing windfall profits by clean energy firms and fast-tracking the sale of EU ETS units held in the MSR.

The Nova Scotia government on Friday submitted an output-based pricing system (OBPS) as its proposal to meet Canadian Prime Minster Justin Trudeau’s ‘backstop’ CO2 pricing requirement, which if accepted would mark an end to the Maritime province’s carbon market.

The new PM has not set out plans for reducing energy waste; instead she has talked of more oil and gas

Liz Truss faces a daunting array of environmental crises, from energy supply to sewage spills on British beaches, with little to show that she has the inclination to take them on.

Ben Goldsmith, the chair of the Conservative Environment Network, and a longtime green Tory who was a strong supporter of Boris Johnson, said of the UK’s new prime minister and her defeated rival: “Neither Truss nor Sunak has been known for their passion for nature. Neither has made a name for themselves as an environmental leader.”

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The European Commission is analysing how emitters partake in the EU ETS in order to better understand their motivations for using certain trading channels and to identify any barriers to participation.

Swathes of rainforest have reached tipping point, research by scientists and Indigenous organisations concludes

Environmental destruction in parts of the Amazon is so complete that swathes of the rainforest have reached tipping point and might never be able to recover, a major study carried out by scientists and Indigenous organisations has found.

“The tipping point is not a future scenario but rather a stage already present in some areas of the region,” the report concludes. “Brazil and Bolivia concentrate 90% of all combined deforestation and degradation. As a result, savannization is already taking place in both countries.”

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EUA prices tumbled as much as 5% on Monday morning as gas and power prices soared following Russia's extended closure of the Nord Stream 1 pipeline, and traders speculated over EU measures to cap energy prices.

Germany will freeze the price increases of its domestic carbon pricing mechanism for one year as part of a monster €65 billion relief package it hopes will ease the strain of sky-high energy prices on its industry.

A handful of countries made some progress this summer in handing out their share of this year’s free carbon permit allocations under the EU ETS.

The EU’s classification of wood fuels is accelerating the climate crisis. Next week, a key vote can change that

Next week the future of many of the world’s forests will be decided when members of the European parliament vote on a revised EU renewable energy directive. If the parliament fails to change the EU’s discredited and harmful renewables policy, European citizens’ tax money will continue to pay for forests around the globe to literally go up in smoke every day.

Europe’s directly elected representatives now have to choose: they can either save the EU’s “climate targets” with their legislative loopholes or they can begin saving our climate, because right now, that is not what EU targets are working towards.

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Labor is under pressure on climate policy from Greens who propose ban on high-carbon projects

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Anthony Albanese has promised to work with the resources sector to “reduce emissions in a predictable and orderly way” as Labor comes under increased pressure from the Greens to ban emissions intensive projects.

Albanese made the comment to the minerals industry parliamentary dinner on Monday, suggesting the “cooperation and dialogue” Labor achieved at the two-day jobs and skills summit “should be the rule” not a “48-hour exception”.

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A Hong Kong-headquartered gas company with a major presence in Mainland China has joined an initiative that seeks to establish the financial hub as the main connection point between the Chinese and global carbon markets.

Australia has awarded two permits to Santos and Chevron to explore potential CO2 storage sites off the coast of Western Australia, as the companies continue to pursue large-scale CCS opportunities.

This role will primarily involve leading LMS Energy’s carbon strategy and influencing stakeholders in relation to carbon policy.

An exciting time to join the Carbon Solutions team in this newly created Manager – Carbon Policy & Markets role is now available.

Carbon Link is seeking a Carbon Farming Advisor to join its team.

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