Global solar installations smash expectations, rising almost a third year-on-year
Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.
Read MoreOcean carbon sink vital for both climate health and global wealth, new research finds
The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.
Read MoreBRIEFING: Brazilian voluntary carbon market will support, not drive, race to net zero
Brazil’s voluntary carbon market (VCM) will play a role in mitigation efforts if it is able to attract large-scale investment – but even then, it may not channel sufficient climate finance and reduce enough emissions to be an engine of net zero on either a global or national scale.
Read MoreAirline passengers willing to pay extra 11% to offset flight emissions, survey finds
Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.
Read MoreACX, Brazilian stock exchange launch domestic carbon registry
A new registry launched Wednesday for Brazilian carbon projects, announcing its first transaction at the Brazil Climate Summit in New York.
Read MoreUS university expands legal resources to address rise in carbon offset lawsuits
As the voluntary carbon credit industry has grown, so has the number of related lawsuits, prompting one US university to expand its legal resources to address this trend.
Read MoreRising underground coal mining will drive up India’s fugitive methane emissions, report says
India’s methane emissions from coal mining could double should it expand its domestic industry in order to reduce reliance on imports and feed its increasingly demanding power and steel sectors, a think tank has found.
Read MoreUS tech giant inks another carbon removals deal
A US-based tech giant has inked another deal to purchase CO2 removal credits, this time from a California-headquartered carbon-negative power company.
Read MoreEuro Markets: EUAs extend losses as jump in speculative net shorts fails to trigger squeeze
EU carbon prices fell for the fourth time in the last five days as sellers continued to dominate, despite a second strong build in speculative short positions that had prompted some participants to predict a short squeeze, while energy markets continued to see-saw in response to conflicting pressures of bearish demand, healthy storage levels, and continuing concerns over longer-term supply.
Read MoreDecarbonising the EU’s energy-intensives is still tough business, economists say
Energy intensive industries continue to face obstacles on their road to decarbonisation, according to economists from the European Central Bank (ECB), who raised concerns about the next phase of EU emissions trading.
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