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An exchange announced Wednesday it has completed the successful delivery of some 50 CORSIA Phase 1-eligible credits at several dollars above both recent settlement prices and a special auction held late last year.

A researcher presented alternative use of California cap-and-trade revenues to dull the edge off of rising compliance costs expected to increase fuel prices, as lawmakers plan for extending the programme post 2030.

Under a Labor government, coal and gas have a fast-declining role to play in Australia’s energy mix – and nuclear has none at all. Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Ben Newell, Professor of Cognitive Psychology and Director of the UNSW Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

Restore the Earth Foundation (REF) announced this week the certification of Louisiana’s first water quality credits for nitrogen and phosphorus reductions, achieved through native cypress reforestation.

Loss of the vast Hornsea 4 offshore wind project is bad news but it reveals a big flaw in setting a deadline

• Danish firm shelves huge UK windfarm project over rising costs

“Immensely challenging” and pushing the limits “of what is feasibly deliverable”. That was the state-owned National Energy System Operator’s description of its own proposals on how to decarbonise electricity generation in Great Britain by 2030. In short, it thought clean power by that date, a key Labour manifesto pledge, was “credible” and “achievable” as long as little went wrong along the way.

Neso’s £200bn plan, detailing a rapid rollout of offshore wind, onshore wind, solar farms plus a major upgrade of the electricity grid, was adopted virtually unchanged by the government at the end of last year.

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First stage of initiative will introduce ‘keystone’ species to beaver enclosures in Derbyshire and Nottinghamshire

Elk could return to the UK after 3,000 years under plans by the Wildlife Trusts to reintroduce the “keystone” species into Britain’s landscapes.

The Derbyshire Wildlife Trust wants to introduce elk into two existing beaver enclosures in Derbyshire and Nottinghamshire, with the hope of demonstrating that the large semiaquatic deer should be released to roam free in the wild.

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The simplification of the EU’s Carbon Border Adjustment Mechanism will be approved before the summer by both the European Parliament and EU council thanks to widespread support, a lead member of the European Parliament said on Wednesday.

A widespread blackout in Spain and Portugal at the end of April has ignited fierce debate on Wednesday among European lawmakers gathered in Strasbourg, with critics of renewable energy seizing the moment to launch a broader assault on the EU’s green agenda.

Environment Agency recommends rationing water as UK sees driest start to spring in 69 years

Crops are already failing in England because of drought conditions this spring, farmers have said.

People should start to ration their water use, the Environment Agency said, as water companies prepare for a summer of drought. The government has also asked the water CEOs to do more to avert water shortages, and the EA said hosepipe bans are on the horizon if a significant amount of rain does not fall.

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Buying interest in new EU ETS2 futures is expected to be strong as the market gets ready for the full launch of the bloc's new cap-and-trade compliance scheme for the road transport and building heating sectors, but sellers are likely to remain limited until the scheme fully launches in 2027, one of the main exchanges offering the contracts told Carbon Pulse.

A mere 20% of EU steel importers appear to be aware of, let alone prepared for, the impending effects of the bloc's Carbon Border Adjustment Mechanism (CBAM), an official from a steel exporting company told the Carbon Forward Turkiye conference on Wednesday.

Characterised by darkness and cold temperatures, the extreme environment of Antarctica’s deep sea is largely unexplored. Now, after a special marine science voyage, a team aboard Australia’s national icebreaker, RSV Nuyina, has collected some remarkable species from the waters around the Denman Glacier

• Read more about RSV Nuyina’s crucial mission to Antarctica

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Unknown 'devil in the detail' about the standards, procedures, guidelines, and methodologies for Article 6.4 trade is creating a bottleneck for new project implementation, according to a climate advisory group.

The Turkish government is waiting on parliament to approve the country’s long-awaited Climate Law, but is still planning to launch the pilot phase of its emissions trading system (ETS) in 2026, with offsets to be admitted after two years, the Carbon Forward Turkiye conference in Izmir heard on Wednesday.

Some of the country's biggest wind and solar battery facilities will be built in NSW central west after state awards grid access rights to more than 7 GW of projects.

The post Forrest and key CIS projects win big as NSW grants grid access to giant wind, solar, and battery facilities appeared first on RenewEconomy.

Microsoft has continued its carbon removal credit buying spree, signing a three-year offtake deal for up to 3 million improved forest management (IFM) credits in the US from a project developer that has already snagged a deal with Meta, the owner of Facebook.

Germany needs its own “bureaucracy reduction law” for the energy industry, said the sector’s main national trade association on Tuesday, as it also called for a new fleet of gas-fired power plants to be a priority for the incoming government.

A developer producing renewable natural gas from coal bed seams in Wyoming, which also sequesters CO2 long-term, is touting the project’s dual environmental benefits and aiming to sell carbon credits for $100 per tonne in a few years’ time.

Punjab province in Pakistan has launched a pilot Green Credit Programme in a bid to promote environmenally friendly activities and incentivise citizens to carry out green interventions in sectors including, air, land, water, waste management, and biodiversity conservation.

A Russian drone attack has inflicted tens of millions of pounds of damage to the site of the Chornobyl nuclear power plant, according to experts. The photographer Julia Kochetova has gained access to the area

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