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Traders believe a depressed macroeconomic environment and higher costs of capital will limit speculator bids at Wednesday’s California-Quebec carbon auction, which could lead to the current vintage auction settling more in line with the secondary market than the previous two WCI sales.

Amid the rapid emergence in recent months of a crypto carbon market, the Gold Standard and partner organisations are now preparing to launch working groups to explore digital MRV, best practice principles for blockchain carbon assets, and technology infrastructure for the offset market.

The big climate and biodiversity assessment reports are too few and far between. The world needs much more regular reporting for action and adaptation to keep pace. Mark John Costello, Professor, Nord University Katherine Kelly, Research Affiliate, Faculty of Biosciences and Aquaculture, Nord University Licensed as Creative Commons – attribution, no derivatives.

As the Director, Forest Carbon Origination, you will join our growing carbon offset origination team where your core focus will be on originating forest carbon offset projects across Canada.

A UK study says record-breaking temperatures in NW India and Pakistan are now 100 times more likely.

Forrest resumes executive role at Fortescue, hires ex AGL boss Andy Vesey and names former head of GE Europe as new FFI CEO.

The post Forrest hires ex AGL boss Andy Vesey as part of big name changes at Fortescue appeared first on RenewEconomy.

An insolvent district heating plant in Romania has been fined for EU ETS non-compliance for a second straight year.

The Washington Department of Ecology (ECY) on Tuesday published its draft WCI-modelled cap-and-trade regulation, lowering the programme’s emissions baseline compared to the agency’s previous thinking and proposing the same allowance floor and ceiling prices as the California carbon market.

Toxic air, water and soil are ‘existential threat to human and planetary health’, says global review

Pollution is killing 9 million people a year, a review has found, making it responsible for one in six of all deaths.

Toxic air and contaminated water and soil “is an existential threat to human health and planetary health, and jeopardises the sustainability of modern societies”, the review concluded.

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A US-based soil carbon startup has raised $18 mln in Series A funding from investors including Bloomberg and Microsoft.

Governor Glenn Youngkin (R) has nominated four members to Virginia’s Air Pollution Control Board (APCB) in a move that sets the stage for plans to unravel the state’s RGGI linkage this summer.

Emitters in the RGGI cap-and-trade programme added carbon permits in between the Mar. 9 sale and the end of the month, as prices retreated on the secondary market, according to a report published Tuesday.

More countries are likely to follow the move by the Indonesia government, which has halted the issuance of carbon credits from projects in the country until it has finalised its new carbon policy, a major carbon credit company said in a conference call Tuesday for its quarterly results.

Ultra long-haul flights make it possible to go Sydney to London non-stop. But does the world need them, given they are more polluting and less efficient? Susanne Becken, Professor of Sustainable Tourism and Director, Griffith Institute for Tourism, Griffith University Paresh Pant, PhD Candidate and Sessional Academic, Griffith University Licensed as Creative Commons – attribution, no derivatives.

NT government passes key legislation to pave way for $30 billion solar and battery storage project.

The post Sun Cable: New legislation paves way for world’s biggest solar and battery project appeared first on RenewEconomy.

The European Commission is considering selling 200-250 million EU carbon allowances currently held in the MSR as part of the bloc's RePowerEU initiative, the FT reported on Tuesday, citing anonymous EU officials and diplomats.

The budget will reveal some extra spending, but the Emissions Reduction Plan still treats climate change as merely a scientific, technical problem – when it has been a political problem all along. David Hall, Senior Lecturer in Social Sciences and Public Policy, Auckland University of Technology Melody Meng, Research Fellow, Auckland University of Technology Nina Ives, Climate change PhD student, Auckland University of Technology Licensed as Creative Commons – attribution, no derivatives.

A carbon credit marketplace and a global ratings agency for the voluntary carbon market (VCM) have teamed up with the aim of providing customers greater confidence in the quality of the units they buy.

A proposal for scaling up carbon contracts for difference (CCfD) is expected to feature in the European Commission's RePowerEU strategy this week, strengthening support for a powerful tool to spur investment in industrial decarbonisation but with lessons to remember from the UK’s experience using the mechanism in the power sector.

French utility Engie will keep buying Russian gas from Gazprom in light of new guidelines from the European Commission on how to avoid direct payments in rubles, it said in first-quarter results on Tuesday that also announced soaring profits and raised 2022 earnings targets.