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An action-packed week for LATAM saw government-backed carbon pricing programmes take slow steps forward, while the voluntary market (VCM) experienced a mixed bag of bold announcements and dramatic setbacks.

A US business group has slammed proxy advisory firms that it said are hijacking shareholder votes to inject ESG agendas into the voting processes, and called on Congress and the US Securities and Exchange Commission (SEC) to intervene.

A Calgary-based green hydrogen developer has secured more than C$3 million ($2.2 mln) in funding from Alberta's industrial emissions pricing scheme.

A recently published study has proposed that the scientific basis for holding fossil fuel producers legally responsible for climate-related damages is now firmly established.

The US EPA on Monday issued an emergency waiver allowing the sale of E15 – gasoline blended with 15% ethanol – throughout the country, and also waived provisions that would have increased E10 fuel stringency.

An Oregon-based non-profit's carbon credit purchasing platform aimed at small business and individual buyers has achieved its first sale, as the group aims to expand its support for grassland projects in North America, its executive director told Carbon Pulse.

Brazil’s environment ministry (MMA) on Monday published an ordinance establishing a forest carbon task force that will help regulate both voluntary and compliance forest carbon markets.

On a hot summer’s day in Melbourne, the artificial turf hit a top temperature of 72°C. This is sufficient to cause irreversible skin burns in just ten seconds. Pui Kwan Cheung, Research Fellow in Urban Microclimates, The University of Melbourne Stephen Livesley, Professor in Urban Horticulture, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Germany’s main energy association concluded that a European recommendation to split the country’s bidding zone for electricity would lead to “massive uncertainty” for industry and “significantly dampen” the investment climate for renewables, contrary to an NGO report.

Governor Gavin Newsom (D) added a sixth member to the independent advisory committee overseeing California’s ETS and other relevant climate policies.

A Munich-based forest carbon firm grew its portfolio of forest adaptation projects to 12 sites by the end of 2024, up from four a year earlier, and aims to further scale its activities this year, according to its latest impact report.

Voluntary carbon credit indices edged higher last week as market participants returned to desks following a holiday break, while France threw its weight behind corporate use of integrity-backed carbon credits, following similar moves by Germany and the UK in April.

Brazil’s upcoming COP30 summit will usher a new era of Chinese climate leadership, as the country pushes ahead with the transition to renewables and overachieves on its commitments — filling a void left by the US, according to Brazilian experts.

An approach for the EU that maximises benefits for species conservation, climate mitigation, and agricultural land use has been proposed in an academic paper published on Monday.

Storage startup MGA Thermal is back on track and looking for capital to expand, after a hiccup in 2023 knocked it off course.

The post Green steam and thermal storage startup reboots pilot plant after “tough lesson” appeared first on RenewEconomy.

Two companies have partnered to launch a new carbon investment fund for US-based projects as they seek to raise $200 million to generate high-integrity credits.

The UK government has launched a consultation on proposed changes to revenue support regulations for engineered greenhouse gas removals (GGRs) and bioenergy with carbon capture and storage (BECCS) projects.

A real estate company from Sweden will buy 10,000 carbon removals from an energy firm over 10 years, the companies announced earlier this month.

A Toronto-headquartered carbon and precious metals royalty and streaming company has terminated future capital commitments to a major US-based carbon farming programme, citing worsening market conditions and increased investment risks.

Indonesia is pushing ahead with negotiating mutual recognition agreements (MRAs) with major international standards, including Verra, Gold Standard, Puro Earth, and Plan Vivo, according to a senior official.