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TradeFlow Capital Management will offset the emissions from the movement of goods under its commodity trading business, the Singapore-based hedge fund announced Monday.

The world will likely exceed 1.5°C warming between 2026 and 2042 if emissions are not rapidly reduced, and 2°C threshold could be exceeded by 2034.

The post Analysis: When might the world exceed 1.5°C and 2°C of global warming? appeared first on RenewEconomy.

Ultra-fast charging network provider Evie Networks drops time-based charging, but lifts the kWh charge at its network of charging stations.

The post Evie Networks cuts time-based EV charging, calls for energy tariff reform appeared first on RenewEconomy.

Two Massachusetts generators are holding short positions in the state’s Global Warming Solutions Act (GWSA) programme, with recent prices averaging $7.00 in the thinly-traded market, according to a market oversight report.

The EU could freely allocate EUAs for shipping if the sector is brought into the bloc’s cap-and-trade system, which could prevent carbon leakage and ensure predictability, a senior MEP from the assembly's transport committee (TRAN) said on Monday.

EUAs slipped back below €30 on Monday as a weekend Brexit trade deal failed to materialise, though observers are still bullish on carbon due to the upcoming auction drought.

The TSVCM rightly calls for science-based target setting in tandem with robust carbon offsetting, clear claims guidance for credible communications and broad public support, and long-term corporate commitments and futures contracts to de-risk project development. Yet having sat in Taskforce discussions and observed several emerging instruments that seek to operationalise the forthcoming ‘blueprint,’ Gold Standard's Owen Hewlett spots several concerns about the quality of what is meant to scale.

Dominion Energy anticipates its Virginia-based emissions will declined by more than 10% over the post-2020 period as it joins the RGGI cap-and-trade scheme, and that allowance prices will near $10 by 2030, according to a public filing.

Letters sent to the forestry agency advised logging in bushfire-affected areas should apply the ‘precautionary principle’ to consider threatened species

Victoria’s publicly-owned forestry agency has been allowed to restart logging in bushfire-ravaged east Gippsland despite a warning from a regulator there was a risk of “serious and irreversible damage” to the state’s biodiversity.

Documents released under freedom of information laws show the state’s conservation regulator twice wrote to VicForests during and after last summer’s catastrophic bushfires advising it should apply the “precautionary principle” when logging in the area.

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Local wildlife trust says work has devastated Herefordshire river but landowner says EA asked him to do it

Environment agency officials were under pressure on Monday to explain exactly what consent they gave to carry out extensive work on the banks of a protected river in England.

Officials from the EA, Natural England and the Forestry Commission moved in last week to stop the work along the River Lugg outside Kingsland, near Leominster in Herefordshire.

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The University of Cambridge Institute for Sustainability Leadership (CISL) is a globally influential institute within the University of Cambridge working on a mission to develop leadership and solutions towards a sustainable economy. We are looking for a Maternity Cover Senior / Project Manager to support and deliver our European work programme.

Rosamund Kissi-Debrah ‘would have moved house’ if aware of level of pollution threat to her daughter

The mother of a nine-year-old girl who died after an acute asthma attack said she would have moved house immediately had she been told of the link between air pollution and her daughter’s condition.

Rosamund Kissi-Debrah told the inner south London coroner that she knew nothing about nitrogen dioxide or air pollution during her daughter’s life.

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South Korea plans to strengthen its carbon pricing system as part of its 2050 net zero emissions strategy, though Finance Minister Hong Nam-ki on Monday would not commit to putting in place a carbon tax.

Japan is planning an emissions trading market for its car industry similar to schemes operating in California to help reach its 2050 net zero target.

Companies accused of “zero progress” on reducing plastic waste, with Coca-Cola ranked No 1 for most littered products

Coca-Cola, PepsiCo and Nestlé have been accused of “zero progress” on reducing plastic waste, after being named the world’s top plastic polluters for the third year in a row.

Coca-Cola was ranked the world’s No 1 plastic polluter by Break Free From Plastic in its annual audit, after its beverage bottles were the most frequently found discarded on beaches, rivers, parks and other litter sites in 51 of 55 nations surveyed. Last year it was the most frequently littered bottle in 37 countries, out of 51 surveyed.

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Australia again ranks as one of the worst countries for climate action, with only the Trump Administration having worse climate policies, a new assessment finds.

The post Australia still back of the global pack on climate, despite best efforts of states appeared first on RenewEconomy.

Australia’s Santos and Japan’s Mitsubishi are considering options for delivery of carbon neutral LNG from Santos’ Barossa project, after the two on Monday announced a 10-year deal worth 1.5 million tonnes of gas annually.

Climate crisis likely to cause warmer, wetter winters and hotter, drier summers, says Met Office

Snowball fights and sledging could be at risk because by the end of the century snow will not settle on the ground in much of the UK due to the climate crisis, Met Office analysis has suggested.

Detailed projections suggest traditional winter activities such as building snowmen could disappear if global greenhouse gas emissions are not reduced.

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Australia's Aware Super buys into two battery storage projects in the US and is looking for similar opportunities in Australia.

The post Aware Super buys into two US battery storage projects, looks for same in Australia appeared first on RenewEconomy.

Man, 29, says shark bite at Kangaroo Island’s D’Estrees Bay was ‘like being hit by a truck’

Paramedics have hailed the “remarkable” survival story of a South Australian surfer who swam back to shore alone and walked 300 metres for help after suffering “extraordinary” injuries from a shark bite at a remote beach.

Paramedic Michael Rushby said the man had “serious” lacerations on his back, backside and leg “consistent with quite a large shark bite”, but managed to haul himself to safety.

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