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Compliance entities trimmed their California Carbon Allowance (CCA) positions by more than 1 mln for the second consecutive week as speculative holdings rose, according to US Commodity Futures Trading Commission (CFTC) data published Friday.

The oneworld airline alliance pledged to achieve carbon neutrality by mid-century on Friday, with several major carriers joining other member companies that had already announced similar emissions goals.

A pair of California Carbon Offset (CCO) projects in the western US applied to transition into the state’s Low Carbon Fuel Standard (LCFS), continuing a trend this year and going beyond dairy digesters located within the Golden State.

Germany will need to raise the costs under its domestic carbon pricing scheme for transportation and heating a second time in order to meet the more ambitious climate goals to be targeted by the EU, Economy and Energy Minister Peter Altmaier said Friday.

The EU will urge China to ramp up its climate policy in three areas at a high-level meeting on Monday, aiming to raise the ambition of the world’s largest-emitting country, EU officials said Friday.

Reneging on international deals does not put the UK in a good position to lead global initiatives in the run-up to UN climate talks

A decade ago, the writer and scientist James Lovelock despaired that the main obstruction to meaningful action to tackle the climate emergency was democracy itself. “Even the best democracies agree that when a major war approaches, democracy must be put on hold for the time being,” he told this newspaper. “I have a feeling that climate change may be an issue as severe as a war. It may be necessary to put democracy on hold for a while”. China’s claim to leadership in global green debates is rooted in the idea that only enlightened dictators can take a long view, overcome entrenched interests and force the required changes in societies. However, eco-authoritarians see democracy through a glass, darkly.

Dealing with humanity’s impact on the planet is not a war to be ended in a decisive victory. It is a constant struggle of adaptation and mitigation. The route lies not in suspending democracy but enhancing it. Time is short. Even reducing greenhouse gas emissions as fast as possible, we can barely keep temperatures below dangerous limits. The moment urgently requires the public to be instilled with a commitment to ecological values and a desire to act in the face of an existential challenge. That is why the UK’s first climate assembly is so important. It involved a group of 100 or so randomly selected UK citizens meeting and discussing with experts how the country should reach net zero emissions by 2050.

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The best of the week’s wildlife pictures from around the world, from mountain lion cubs in California to an orca with her new calf

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A little-known sub-sector of the EU carbon market could be behind a gradual decline in the participation in daily allowance auctions, experts say, as it lets abstaining traders “shadow” the sales and buy from brokers at prices linked to the outcome.

US Senate committee members announced agreement on Thursday on bipartisan legislation to reduce high global warming potential HFC gases and meet UN climate goals, though it remains to be seen if the proposal will move forward in the waning months of the current Congressional session.

Closing prices, ranges and volumes for China's regional pilot carbon markets this week.

California’s ETS floor price expectations rose for the third consecutive month as federal data published Friday showed inflation continuing to rise following the peak of the COVID-19 pandemic.

Vietnam has submitted a new Nationally Determined Contribution (NDC) plan to the UN that will allow the country's covered sectors to emit tens of millions of tonnes in additional greenhouse gases by 2030 compared what it pledged at climate talks in Paris five years ago.

The European Parliament’s environment committee (ENVI) set a high ambition marker for EU climate policy on Friday, agreeing to push for a 60% emissions reduction goal for 2030 and national net zero targets for 2050 - elements likely to be hotly contested in member state capitals.

Australia-headquartered mining firm BHP Billiton on Friday announced new medium term emissions targets and said it is in the process of acquiring more carbon credits from two REDD+ projects as part of its new offset strategy.

Join a small, dedicated team reporting and analysing one of the most important and exciting industrial transitions in the world, and society’s response to it.

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In just ten years, the Australian solar business went from a fledgling industry, to fundamentally reshaping the way Australia uses energy.

The post From cottage industry to $7bn powerhouse: How Australian solar grew 100-fold in a decade appeared first on RenewEconomy.

Matt Canavan is on the warpath against renewables again, this time with his focus on solar. And he's getting his facts terribly wrong.

The post Canavan fails factcheck in Facebook rants against solar power appeared first on RenewEconomy.

Iberdrola set to take control of Infigen, delisting one of the country's biggest renewable energy developers and closing one of the few windows on the market.

The post Iberdrola set to take full control of Infigen, another window on energy market closes appeared first on RenewEconomy.

It's in everyone's interests to ensure our environment stays healthy – including farmers. What did the Nats think they'd gain from this destructive game of brinkmanship? Tanya M Howard, Senior Research Fellow, University of New England Licensed as Creative Commons – attribution, no derivatives.

These results finally provide scientific evidence to what was considered common knowledge about our beloved pets. Frank Nicholas, Emeritus Professor of Animal Genetics, University of Sydney Claire Wade, Professor, Chair of Computational Biology and Animal Genetics, University of Sydney Licensed as Creative Commons – attribution, no derivatives.