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Governments and companies are relying too heavily on nature offsets, distracting from urgent emissions reductions and risking global food security, according to a report published Tuesday by development charity Oxfam.

Tighter supply balances could help EU carbon prices climb above €100 by 2025, analysts said, but ahead of that the market faces some near-term headwinds.

Reporting to the National Operations Manager, this is a key role within the organisation which is responsible for the management of AgriProve's portfolio of soil carbon projects under the Emissions Reduction Fund (ERF) in the region. 

Voluntary emissions reduction (VER) prices across multiple product categories in the voluntary carbon market (VCM) extended record highs this week, as CME Group’s nature-based carbon offset futures contract transacted for the first time on Monday.

Targray is building a new Carbon Credits Trading desk, and is looking for Carbon Credits Traders:  A head trader, and individual or teams of traders, including sales traders. 

Israel will from 2023 introduce a carbon tax that the government said will be the “cornerstone” of the country’s new climate action plan.

PowAR takes control of Tilt and immediately sets sights on the two biggest wind projects in NSW, and various forms of storage.

The post Australia’s biggest renewables owner plans huge wind and storage projects appeared first on RenewEconomy.

California power consumption climbed throughout July as the Golden State experienced continued hot weather, while grid operator California Independent System Operator (CAISO) reported much higher Q2 emissions this year due to an increase in carbon-emitting sources.

As a tree scientist who works with urban trees, I can assure you some large, old trees are well worth leaving alone, even you find them annoying sometimes. Gregory Moore, Doctor of Botany, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Allegra Stratton cites time taken to recharge on long journeys, despite average electric vehicle now having range of over 200 miles

Boris Johnson’s climate spokesperson has criticised the infrastructure that she says is putting people like her off switching to an electric car.

Allegra Stratton, the prime minister’s former press secretary, revealed she drove a “third-hand” diesel Volkswagen Golf.

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Leak of potent greenhouse gas is currently small but further research is urgently needed, say scientists

The Siberian heatwave of 2020 led to new methane emissions from the permafrost, according to research. Emissions of the potent greenhouse gas are currently small, the scientists said, but further research is urgently needed.

Analysis of satellite data indicated that fossil methane gas leaked from rock formations known to be large hydrocarbon reservoirs after the heatwave, which peaked at 6C above normal temperatures. Previous observations of leaks have been from permafrost soil or under shallow seas.

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The UK government has set the trigger price for the UK ETS Cost Containment Mechanism for the period from August to October at its highest level to date, raising the likelihood that no additional allowances would come into the market before the end of the year.

The Ukrainian government agreed on Friday the country’s upgraded nationally-determined countribution (NDC) to the Paris Agreement, although its new 2030 climate objective is already well within reach.

Emissions regulated under Massachusetts’ Global Warming Solutions Act (GWSA) cap-and-trade programme soared for the second consecutive quarter as the removal of coronavirus restrictions led to an uptick in power demand, according to data.

Rupert Murdoch-controlled media company News Corp announced Monday it will acquire commodity price reporting agency Oil Price Information Service (OPIS), as the media giant aims to incorporate news on carbon credits and the global energy transition into its intelligence offerings.

EUAs kicked off August on a strong note on Monday morning, climbing to their highest in more than two weeks as the energy complex continued to gain ground.

ExxonMobil and Suncor face lawsuits in the western state but big oil’s apologists say the US consumer is to blame for emissions

More than a decade after the Fourmile Canyon blaze drove even the firefighters out of Gold Hill, blackened hillsides and scorched trees attest to the Colorado mountain town’s close shave with destruction.

“Because of the wind and the dryness, it took off,” said Chris Finn, who volunteers as the town’s fire chief when he’s not running the local inn. “That day in 2010, I felt that my business and my house might not be here any more.”

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We need products we can repair, reuse and recycle – not ones deliberately built to become obsolete

Never have we wanted, owned and wasted so much stuff. Our consumptive path through modern life leaves a wake of social and ecological destruction – trainers barely worn, ignored AI-powered digital assistants gathering dust, and forgotten smartphones languishing in drawers. By what perverse alchemy do our newest, coolest things so rapidly transform into meaningless junk?

Related: From fashion to field: shredded cotton clothing used to help grow future crops

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China’s recently launched national emissions trading system (ETS) has been both lauded and loathed by pundits. Some see it as hugely important, while others see it as little more than virtue signalling. The reality is somewhere in the middle, writes TransitionZero's Matthew Gray.

Jilin Electric Power said Sunday night that it will build a provincial voluntary carbon reduction market, with the help of the Shanghai environment exchange, the latest local effort to participate in the country’s emerging but still unclear voluntary market.