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In February 2026, the Federal Court of Australia in Australasian Centre for Corporate Responsibility (ACCR) v Santos, dismissed multiple claims against Santos Limited, a major Australian energy company, concerning the veracity of its carbon management projections.

Carbon pricing mechanisms, including global carbon pricing (GCP) and emissions trading systems (ETS), are essential tools for incentivizing emissions reductions and combating climate change. Both approaches aim to internalize the social costs of carbon emissions and drive the transition to a low-carbon economy. However, they differ in their design, implementation, and potential impacts.

So how does Mr Miliband square this circle? It is hard to argue that Britain is not doing its bit on climate. It has been the fastest-decarbonising major economy. Its latest submission under the Paris Agreement is one of the few that puts the economy on-track for a net-zero carbon world.

Cop28 ended in achievement and relief, tinged with some disappointments. The final text twice mentions “hard-to-abate” sectors, usually considered to include vital but carbon-intensive heavy industries such as steel, cement and aluminium.

Iceland’s famous Blue Lagoon, where tourists boil lobster-red in the volcanic waters, is more than a sightseeing curiosity. The attraction, which is the world’s first geothermal power and district heating plant, is a pioneer of low-carbon energy.

Don’t swim too far from the shore in Iceland’s famous Blue Lagoon, or you will cook like a lobster. At 240°C, mineral-rich water drilled from deep underground runs the neighbouring geothermal power plant,

A recent paper ‘Nature-Based Credit Markets at a Crossroads’ published in Nature Sustainability (2024), provides a noteworthy perspective on scientific validity in relation to nature-based credit markets.

The intersection of a global climate emergency and the entrenched economy and technology of the aviation sector presents a significant carbon management challenge. As the opportunity to limit global warming narrows, the efficacy of state-led regulation to drive rapid, systemic decarbonisation requires scrutiny and consideration.

At the conference of Britain’s governing Labour Party in Liverpool last week, two protesters squeezed in a white elephant costume with “carbon capture and storage” written on it. Last month, Nature published a paper suggesting underground carbon dioxide storage capacity is much less than previously thought. These two happenings link a continuing hostility from environmentalists towards one of our key climate technologies.

It often begins with bold declarations - “We must protect our industries,” they say. “Our workers deserve better.” The public nods along. Tariffs, once again, are wielded as a political tool, dressed in the noble language of national interest and economic revival.

Japan is indeed in the midst of something major, something truly extraordinary... The country has embarked on the Green Transformation (GX), which refers to transforming “entire industrial and social structures centering around fossil energy sources, long established since the Industrial Revolution, into ones based on clean energy”

Sustainable aviation fuel (SAF) has proved capable of powering air travel. But can supply rise and cost fall fast enough to make SAF a major part of the aviation industry’s journey to net-zero emissions?