Canada’s new prime minister will need an even-hand to juggle the pro- and anti-climate agendas of its two largest trading partners in the coming energy transition, say scholars with New York’s Columbia University.

Nature-based and engineered removals, together with low-carbon fuels and electrification, will be key to achieving Wales's fourth carbon budget as recommended by the UK's Climate Change Committee (CCC).

The UK's North Sea Transition Authority (NSTA) is now taking nominations for new carbon storage sites offshore, after recently granting the country's first three permits, it announced on Wednesday.

Linking the EU and UK emissions trading systems (ETSs) would boost market liquidity and price stability and make it cheaper to reduce emissions — for players in both markets — according to research published Wednesday by a group of European energy companies.

Food and transport choices by men in France generate 26% more carbon emissions than those of women, with the disparity largely driven by higher red meat consumption and car use, a new study has found.

Industrial companies and climate consortiums have called on the UK government to slash electricity prices by shifting the cost of policies to support renewables from power bills and to general taxation, freeing up business capital to access the clean industry market set to reach $2.6 trillion globally by 2030.

It's a demo - Saudi Arabia-headquartered Regional Voluntary Carbon Market Company (RVCMC), in collaboration with the Arab Federation of Capital Markets (AFCM), launched a trader-led demonstration auction in Tunisia on Tuesday. The demonstration will show how an interconnected order-book across local and global participants enhances liquidity, price discovery, and market depth, outcomes that no single exchange or nation can achieve alone, according to a statement. Since its inception in 2022, RVCMC has facilitated the trading of over 7 mln carbon credits across multiple auctions.

Almost half of China’s foreign investments over 2010-24 were in the renewable energy sector, and African economies received a fifth of those in the previous decade alone, according to a recent report.

European carbon prices posted a small loss on Tuesday despite reaching a new seven-week high in Tuesday trading, as the market swung in a nearly €2 range with sellers taking profits from the market's 19% rally since its year-to-date lows in early April, while UKAs extended their rally to a new 22-month high before they too fell back.

A European Commission executive was forced to defend the plan for clean industrial development to European Parliament members on Tuesday, as they expressed concerns about the risks of decarbonisation for industrial competitiveness. 

The UK Aluminium Federation (ALFED) has called for the UK government to produce an aluminium-specific assessment of the UK Carbon Border Adjustment Mechanism (CBAM)'s impact on sector competitiveness.  

Members of the European Parliament on Tuesday urged the UK and EU to link their emissions trading systems (ETSs) in order to avoid having two separate carbon border adjustment mechanisms (CBAMs) applying in parallel, as leaders on both sides of the Channel prepare for a crunch EU-UK summit next week.

EUA prices are more likely to hit €80 than €60 again this year because too many buyers are eager to buy on the dip, a conference heard Tuesday.

Representatives from major European oil and gas producers strongly backed linking the UK and EU carbon markets, speaking at an industry event on Tuesday, but underlined they remain in the dark ahead of the crunch summit next Monday between the two governments.

Sponge-like pellets made from magnetic framework composites could improve the durability and energy efficiency of carbon capture and storage (CCS) systems at industrial sites, a new analysis has found.

A steep rise in fossil burn from the power sector has driven emissions covered by the EU ETS almost 10% higher over the first four months of the year, compared to 2024, new analysis has shown.

A regional carbon market framework across East Africa could help to leverage the opportunities afforded by each individual jurisdiction, according to speakers at the East African Carbon Markets Forum in Kampala last week.

Way off track - Andrew Bowie, the UK Conservative party's energy spokesperson told the Guardian that the target of net zero by 2050 was "arbitrary" and "not based on science", also suggesting that the UK's participation in the Paris Agreement was up for reconsideration in the party's ongoing review of key policies. He said that net zero by 2050 was "concocted simply because it was a good end point as a date" and there is no scientific rationale to it, directly contradicting the IPCC's assessment that global emissions must reach net zero by mid-century to be in with a chance of limiting global temperatures to a 1.5C rise. Theresa May, a previous Conservative prime minister, set 2050 as a date, along with other developed countries, precisely for that reason. And in 2021, the last Conservative government led a global effort to encourage other countries to sign up to the same goal. The Conservative party are conducting a policy review, encompassing energy policy and net zero. Bowie said that developing an energy strategy that supports economic wellbeing and energy security is paramount, and that Conservative party leader Kemi Badenoch has been sceptical about net zero by 2050 for some time. Bowie is the acting shadow energy secretary while Claire Coutinho, previously energy security and net zero secretary under previous Prime Minister Rishi Sunak, is on maternity leave.

Faster connections - UK grid operator Ofgem has made it easier for small-scale energy projects to connect to the grid in England and Wales. It's raised the threshold for requiring an Evaluation of Transmission Impact Assessment (TIA) from 1 MW to 5 MW, (where fault level issues aren’t present), making it easier and faster for smaller energy projects to connect to the grid. The process of obtaining TIA has until now often delayed smaller projects with minimal grid impact. The change should lead to lower costs and faster connections, and will be particularly beneficial for community energy projects. The modification is part of a set of reforms designed to accelerate the process of connecting clean energy to the grid in Britain. In Scotland, a TIA is required for projects above 200 kW for mainland Scotland, while Scotland Islands are still at 50 kW.

As Europe moves closer to net zero emissions, the EU’s Emissions Trading Scheme (ETS) needs to adapt and be governed increasingly as a dynamic system, or risks becoming vulnerable to political attacks, a climate researcher has warned.

A French developer of nature-based carbon and biodiversity projects on Tuesday announced it has raised €10 million in funding to expand its global reforestation activities.