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Two new US-listed exchange-traded funds tracking European and California carbon allowances started trading on Tuesday, adding to the expanding field of options available for investors seeking exposure to compliance-based emissions trading schemes.

An actress and film director dock with the International Space Station in a first for Russia.

Greece has proposed auctioning carbon allowances from the EU ETS' Market Stability Reserve as a short-term measure to help raise cash to urgently deal with Europe's energy crisis.

Japan’s Ministry of Energy, Trade, and Industry (METI) will cooperate with domestic and international industry to develop a common understanding and standards for a mechanism to allow CCS and CCUS projects earn carbon credits.

EUAs posted modest gains early on Tuesday as European energy prices surged higher, with some contracts gaining in excess of 20% as the region faces up to continued supply tightness and regulatory uncertainty over the Nord Stream 2 pipeline.

Industry calls for levy to fund new technologies – but environmentalists say proposal blocks climate progress

The global shipping industry has pledged to reduce greenhouse gas emissions to zero by mid-century – but only if governments impose a mandatory levy on shipping fuel to fund the development of new low-carbon technology.

The International Chamber of Shipping (ICS), which represents the majority of the global shipping industry, submitted the plans to the International Maritime Organization (IMO), the worldwide regulator and part of the UN.

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The International Air Travel Association (IATA) has committed the global air transport industry to achieve net zero CO2 emissions by 2050, the group announced on Monday.

The physics Nobel has been given for work to understand complex systems such as the Earth's climate.

A leading barrister has warned that regulations opening up ARENA to non-renewable technologies, including carbon capture and storage are likely unlawful.

The post Angus Taylor’s ARENA regulations likely to be unlawful, silk warns appeared first on RenewEconomy.

100-strong group will be representative of world’s population and will present their findings to Cop26

One hundred people from around the world are to take part in a citizens’ assembly to discuss the climate crisis over the next month, before presenting their findings at the UN Cop26 climate summit.

The Global Citizens’ Assembly will be representative of the world’s population, and will invite people chosen by lottery to take part in online discussions that will culminate in November, during the fortnight-long climate talks that open in Glasgow on 31 October.

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Kit Malthouse draws contrast between causing disruption and causing damage, as crackdown is announced

• Tory party conference – live updates

Climate change protesters “crossed the line” between their right to protest and their responsibility towards the rest of the public when they caused huge tailbacks by blocking three key London roads on Monday, the policing minister, Kit Malthouse has said.

New measures will be announced to crack down on protesters who target road networks and critical national infrastructure, which “is of a different scale of damage than you would otherwise find with a normal protest”, the junior minister said.

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Dutch-headquartered trading firm Vitol has hired an experienced trader to head up its China carbon trading team.

Commodities trader Trafigura has hired a former Shell trader to lead its carbon trading operations in Asia, Carbon Pulse has learned.

Fortescue Metals Group (FMG), one of the world’s largest iron ore producers, will target net zero Scope 3 greenhouse gas emissions by 2040, the Perth-based company announced on Tuesday.

Elizabeth Maruma Mrema says access to Covid jabs for developing world will be critical to the success of in-person Kunming Cop15 summit

Governments hoping for a global agreement to halt biodiversity loss must put more effort into access to Covid-19 vaccines for developing countries, the UN’s biodiversity chief has warned.

Elizabeth Maruma Mrema, executive secretary of the UN Convention on Biological Diversity, said the Kunming Cop15 summit, at which governments will try to forge a “Paris agreement for nature”, was vital for halting the global crisis of species loss.

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MEPs call for EU ban on all outsourced labour after Guardian investigation finds unequal pay and terms

The EU is facing calls to ban outsourcing in the meat industry, after a Guardian investigation revealed how agency workers were exploited by companies that took no responsibility for pay and conditions.

Katrin Langensiepen, vice-chair of the European parliament’s employment and social affairs committee, said the EU should ban subcontracting across all economic sectors to ensure workers receive the same pay and conditions for the same work.

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Six of top 10, including China and Russia, yet to show ambition on emissions cuts before Cop26

Analysis of the total carbon dioxide emissions of countries since 1850 has revealed the nations with the greatest historical responsibility for the climate emergency. But six of the top 10 have yet to make ambitious new pledges to cut their emissions before the crucial UN Cop26 climate summit in Glasgow in November.

The six include China, Russia and Brazil, which come only behind the US as the biggest cumulative polluters. The UK is eighth and Canada is 10th. Carbon dioxide remains in the atmosphere for centuries and the cumulative amount of CO2 emitted is closely linked to the 1.2C of heating the world has already seen.

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Taylor announces $30 million 'gas led recovery' funds for new power station, but Forrest says it will soon run entirely on renewable hydrogen.

The post Forrest punctures Taylor’s “gas-led recovery” grant with quick switch to green hydrogen appeared first on RenewEconomy.

The old ways of doing business will not deliver change – suppliers, retailers and consumers must all take responsibility

The global fight against the impacts of climate change is a generational challenge like no other. This is a shared mission, but it is increasingly clear that levels of distrust and scepticism are running high.

The strident campaign by youth activists – such as Greta Thunberg – has challenged the status quo and highlighted the collective responsibility on current leaders to deliver change.

Grant Reid is the CEO of Mars

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Views are polarised over whether the solar industry is over-regulated or under-regulated. Mathew Power and Mark Williamson from the Clean Energy Regulator discuss whether we've got the regulation balance right.

The post Great Solar Business Podcast: Over or under regulated? appeared first on RenewEconomy.