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A Japanese drinks-maker is trialling the installation of CO2-absorbing technology in its vending machines.

US landowners need a carbon credit price of $50 to $82 to make reforestation projects viable, far higher than current prices, according to new analysis from an MRV firm and marketplace.

Solutions exist to stop cookstove projects from cooking up low-quality carbon credits, according to a blog published by a cross-sector group of experts on Thursday, that offered advice on fixes to the carbon integrity challenges plaguing the project type.

A suite of new tools and datasets was unveiled this week, aimed at supporting the monitoring and management of the world’s forest carbon stocks and advancing countries’ efforts to protect and restore nature and achieve net zero emissions.

Creatures like crabs, barnacles, molluscs are drawn to havens built in Bournemouth and the Isle of Wight

Artificial rockpools in Bournemouth and the Isle of Wight have successfully attracted sea creatures, which have made them their home.

Scientists have hailed the discovery, saying the false crevices can be added to sea defences and other human-made coastline developments to create habitats for sealife such as crabs, barnacles, molluscs, small fish, sea squirts and seaweed.

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A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

Wind power overtakes gas for the first time in the UK during first three months of year.

A Switzerland-based startup is developing a concept that will allow farmers and land stewards to earn biodiversity credits for sustainable agriculture practices such as syntropic farming.

EUAs were slightly firmer amid choppy trading at midday on Thursday as the market sought fresh direction, after an early rally encountered stiff resistance at a seven-day high, while energy prices continued to weaken after coal prices dropped to new 15-month low.

UAE state-owned oil firm ADNOC on Thursday announced a global decarbonisation contest aimed at unearthing revolutionary advancements that can redefine the world's energy sector.

The European Parliament voted on Thursday to approve a text that would prohibit EU companies from relying solely on carbon credits when making sustainability claims, a drive largely welcomed by voluntary carbon market participants as helping to boost transparency.

A major Japanese oil company has announced its latest investment in a US-based forestry fund while forming an alliance to support the creation of domestic forest-derived carbon credits, it announced on Thursday.

More than 400 people were killed during flash floods caused by high rainfall in the east of the Democratic Republic of Congo, according to official reports.

The DRC floods happened days after deadly flooding in Rwanda, on the other side of Lake Kivu, which killed roughly 130 people. Uganda also experienced flooding, which caused 18 deaths and left thousands displaced.

Extreme weather events are occurring with increased frequency in the region, from a severe drought in the eastern Horn of Africa to excessive rainfall in other parts of east and central Africa

• More than 400 people now confirmed dead after flooding in DRC

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The US EPA on Thursday published a draft rulemaking to slash CO2 output from fossil-fuel fired electricity generators through means such as emissions trading and carbon capture and storage (CCS), with President Joe Biden’s administration feeling confident the proposal will fall within the Supreme Court’s restricted regulatory parameters.

Environmental groups laud the regulation, which would advance clean power in the US – if it survives expected legal challenges

The US is set to impose new carbon pollution standards upon its coal- and gas-fired power plants, in a move that the Biden administration has hailed as a major step in confronting the climate crisis.

Under new rules put forward by the Environmental Protection Agency (EPA), new and existing power plants will have to meet a range of new standards to cut their emissions of planet-heating gases. This, the EPA predicts, will spur facilities to switch to cleaner energy such as wind and solar, install rarely used carbon capture technology or shut down entirely.

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Carbon markets in China's Greater Bay Area should be integrated to help realise decarbonisation in the region, and more financial tools need to be unlocked to further accelerate the transition for the economic powerhouse, a report has urged.

Singapore-based Climate Impact X (CIX) will shortly release a suite of price assessments that track the value of carbon credits in its upcoming standardised contracts based on REDD+ projects, which will do done in tandem with the launch of its upcoming spot trading platform, it announced on Thursday.

Australian carbon project developer Natural Carbon has appointed a new director of carbon markets, while fintech company Viridios has added a new head of policy and market development and head of legal policy to its ranks, the companies announced.

The spot price for NZUs fell lower on Thursday to reach a 21-month low, as the combination of market uncertainty and the cyclical quiet period has seen demand slip.

Work stops on Andrew Forrest's first major wind project after a decision to change project managers and contractors.

The post Work stops on Forrest’s Clarke Creek wind farm as project managers changed appeared first on RenewEconomy.