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The transacted value of voluntary carbon credits integrated into compliance schemes could reach $15 bln by the early 2030s, according to a ratings agency – with ratings to play a key role in shoring up integrity.

A Swedish energy company has pushed through on a final investment decision to build one of the world's largest carbon removal facilities, it announced Thursday.

Norway's flagship carbon capture and storage project, Northern Lights, has reached its second phase, with the announcement of higher storage capacity and a commercial agreement with a Swedish utility to transport and store the CO2.

Ministers urged to do more after United Utilities discharged raw sewage into Unesco site for 6,327 hours last year

Celebrated by William Wordsworth, Windermere has long epitomised the natural timeless beauty of the Lake District, with millions of tourists drawn to the shores that inspired the poet. But today England’s biggest lake is a shadow of its 19th century self: its waters no longer clear but blighted by algae and its wildlife decimated by pollution, in a symbol, critics say, of all that is wrong with the privatised water industry.

This month the environment secretary, Steve Reed, vowed to break with the recent past, standing on its shores and promising that Labour would “clean up Windermere”. The lake is showing the impact of sewage pollution from United Utilities treatment plants and increased pressure from climate change-induced temperature rises.

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Less use of gas and coal in electricity supply and industry sectors drove reduction, Department for Energy Security and Net Zero says

The UK’s carbon emissions fell by 4% last year, according to official figures.

Provisional statistics published on Thursday by the Department for Energy Security and Net Zero (DESNZ) show UK territorial greenhouse gas emissions were 371m tonnes carbon equivalent (MtCO2e) in 2024, down from 385 MtCO2e in 2023.

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A Luxembourg-headquartered asset manager has approved a first loan under its recently established biodiversity fund, to go to a Spanish regenerative agriculture producer.

France, Italy, and Slovakia have urged the European Commission to reassess the Carbon Border Adjustment Mechanism (CBAM) before its full implementation in 2026, warning that the current framework risks weakening the competitiveness of EU industrial exports.

The Rwandan government has partnered with the Global Green Growth Institute (GGGI) to enhance the country’s readiness to participate in the international carbon markets under Article 6 of the Paris Agreement.

TotalEnergies has outlined plans to double annual spending on carbon credits to build a stock of 50 million nature-based offsets by 2030, as it aims to then retire millions per year to meet its climate goals.

Market experts are putting out various explanations for the surge in voluntary carbon credit retirements against the Colombian CO2 tax in 2024, including theories linked to the controversial introduction of a cap in 2022 on taxed emissions that can be offset with domestic credits.

Exclusive: Cost blow-out has experts worried people will use ‘huge’ volumes of pesticides to protect themselves from ‘tiny killers’

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Australian households will spend $1.03bn every year to suppress fire ants and cover related medical and veterinary costs, with about 570,800 people needing medical attention and 30 likely deaths from the invasive pest’s stings, new modelling shows.

The Australia Institute research breaks down the impact of red imported fire ants (Rifa) by electorate, with the seats of Durack and O’Connor in Western Australia, Mayo in South Australia and Blair in Queensland the hardest hit if the ants become endemic.

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Blair: $1.7m in medical costs, $1.5m in vet costs and $5.1m in household pesticide costs.

Dickson: $1.4m in medical costs, $1.2m in vet costs and $4m in household pesticide costs.

Ryan: $1.5m in medical costs, $1.3m in vet costs and $3.4m in household pesticide costs.

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Many winemakers halt shipments on chance White House makes good on threat of 200% markup on European goods

As the threat of exorbitant US tariffs on European alcohol imports looms, a warehouse in the French port city of Le Havre awaits a delivery of more than 1,000 cases of wine from a dozen boutique wineries across the country.

Under normal circumstances, Randall Bush, the founder of Loci Wine in Chicago, would have already arranged with his European partners to gather these wines in Le Havre, the last stop before they are loaded into containers and shipped across the Atlantic. But these wines won’t be arriving stateside anytime soon.

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With the EU ETS emissions trajectory aiming for net zero by 2040, policymakers in Europe who have started thinking about the next steps have five main options for future carbon trading, according to researchers.

European carbon prices tumbled to their lowest in two weeks as selling pressure broke through sustained support at a key recent level, signalling the end of a bout of options-related trading that had kept the market in a comparatively narrow range for 10 days.

The Malaysia Forest Fund (MFF), a federal government agency, on Thursday began a public consultation process for its flagship domestic carbon offsetting standard for the forestry sector.

Australia’s largest hydrocarbon producers could be squeezed by higher carbon credit prices if they do not undertake methane abatement measures now to address leaks at their coal and gas plants and long-range gas pipelines, a think tank warned Friday.

As life starts to return to the capital’s parks and woodlands, photographer Sarah Lee has been capturing daffodils and budding plants, walkers, buskers and joggers out in the sunshine. She says: ‘Everything feels so dark right now, it’s good to know the light is coming back’

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London-headquartered asset management firm Legal & General (L&G) has launched a private debt strategy designed to invest $235 million in projects that support nature and social outcomes.

The future of the EU Emissions Trading System (EU ETS) hinges on maintaining a strong carbon price signal while addressing competitiveness concerns, according to a new report.

A UK council has approved plans for a biochar plant in Shropshire that is set to generate carbon removal credits, with construction scheduled to begin this summer.