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A British forest carbon startup has raised $12 million in Series A funding, just seven months after it announced funding of $2.2 mln at pre-seed level.

Shadow minister Steve Reed vows to uphold targets on biodiversity loss and protecting land and sea

Labour has pledged to halt the decline of British species and protect at least 30% of the land and sea by 2030 if it is elected.

Steve Reed, the shadow environment secretary, also vowed to set a new land use framework that would prioritise the protection of nature, and to deliver on targets to improve the UK’s environment.

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The US Environmental Protection Agency (EPA) on Thursday finalised a suite of standards for new and existing fossil-fuel power plants to reduce 90% of their emissions, which also envision an important role for carbon capture and storage (CCS).

Trading in European carbon allowances sparked into life in the afternoon as EUA and gas prices spiked on reports that the EU may propose a ban on transshipment of Russian LNG, after the morning has seen prices move in a relatively narrow range on lower than normal volume.

Sewage pollutes our waterways, species face extinction. We must act fast to halt the decline – and we will

• Steve Reed is shadow environment secretary

We must not be the last generation to have the opportunity to marvel at nature.

When I was growing up, I took for granted the excitement of climbing trees in the local woods at the end of our road, sleeping under the stars at Scout camp, and exploring the micro-worlds of seaside rockpools on holiday in Cornwall. Our children and grandchildren deserve to be astounded by the magnificence of our landscapes and coastlines, mesmerised by the beauty of a robin’s song, and to splash about in the local river.

Steve Reed is the MP for Croydon North, and shadow secretary of state for environment, food and rural affairs

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Just five local authorities in England out of the over 300 assessed are sufficiently prepared to enable the creation of conservation agreements for developers to meet biodiversity net gain (BNG) requirements, with delays likely, a law firm has said.

Ali died of cancer last year. He was 21, and had to live in the choking smoke of the Rumaila oilfield

A year has passed since my beautiful boy Ali Julood died. Not a day goes by when I do not think of him smiling and playing football with his friends outside. Those days are gone. As a father, that gives me great pain.

Ali was diagnosed with leukaemia at the age of 15. The cancer caused him to drop out of school, leave his football team and spend years undergoing painful medical treatment. He died at the age of 21 on 21 April 2023.

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A veteran carbon and energy sales trader has left one of Canada’s big banks after more than 15 years of service, Carbon Pulse has learned.

Lack of parts and outdated laws also contributing to long repair wait times and ballooning premiums

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Electric vehicles are routinely being written off after minor accidents, as a shortage of skilled mechanics and parts, as well as outdated laws, leads Australian insurers to scrap EVs prematurely instead of repairing them.

Despite the scarcity of supply that has plagued the local market in recent years, in part due to the lack of a fuel-efficiency standard, the financial reality of insuring EVs is continuing to consign them to scrap yards while inflating premiums for owners.

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A REDD developer in Tanzania is seeking to boost the selling power of its avoided deforestation projects by assessing the social impact of investment.

UK energy company Drax Group has completed a major refinancing plan to extend operations beyond 2027 as it waits on the government to decide on extra subsidies to retrofit its biomass plant with carbon capture technology, it announced Thursday.

The European Parliament gave its blessing on Thursday to plans aimed at producing 40% of the bloc's annual needs for net-zero technologies domestically by 2030, thanks to funds partially coming from emissions trading revenues.

Proposed global treaty to curb production represents challenge to producers of fossil fuels, from which most plastics are made

The number of fossil fuel and petrochemical industry lobbyists at UN talks to agree the first global treaty to cut plastic pollution has increased by more than a third, according to an analysis.

Most plastic is made from fossil fuels, via a chemical process known as cracking, and 196 lobbyists from both industries are at the UN talks in Ottawa, Canada, where countries are attempting to come to an agreement to curb plastic production as part of a treaty to cut global plastic waste, according to analysis by the Center for International Environmental Law (Ciel).

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A set of 50 metrics for investors to measure corporate progress on biodiversity action has been released by Nature Action 100 (NA100) in its benchmark.

Carbon removals based on nature-based solutions are generally preferred to engineered approaches amongst the general public in 22 countries, according to a study published on Wednesday.

The Saudi Arabian company set up to drive voluntary carbon market growth has selected Xpansiv, the owner of the CBL marketplace, to provide the technology infrastructure for its carbon credit exchange.

Scheme for plastic bottles and cans put back to 2027 while environment minister says glass recycling ‘unduly’ complex

A UK deposit return scheme for recycling drinks bottles has been delayed to 2027, meaning it will not be in place until almost a decade after it was proposed.

Campaigners say the delay is a “huge disappointment”, adding they are doubly dismayed that the plan will not include glass bottles.

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New EPA directive will cut pollution equivalent to the emissions of 328m cars, but industry group decries it as a ‘reckless plan’

Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued on Thursday by the Environmental Protection Agency (EPA).

New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration’s most ambitious effort yet to roll back planet-warming pollution from the power sector, the nation’s second-largest contributor to the climate crisis. The rules are a key part of Joe Biden’s pledge to eliminate carbon pollution from the electricity sector by 2035 and economy-wide by 2050.

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Energy watchdog warns pace must accelerate to hit targets after new batteries increased capacity by 130%

The rollout of batteries across the global electricity industry more than doubled last year but will need to be six times faster if the world hopes to meet its renewable energy targets, according to the International Energy Agency (IEA).

A report from the global energy watchdog found that new batteries totalling 42 gigawatts (GW) were plugged into electricity systems around the world last year, increasing total capacity by more than 130% from the year before to 85GW.

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A Chennai-based developer is planning to invest $150 million in several carbon offset projects in India and Sri Lanka within the next 12-18 months, it announced at a conference this week.