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Chair of the Technical Working Group, Climate Disclosure Standards Board – London
Sustainable Energy Finance Specialist, Basel Agency for Sustainable Energy – Basel
Climate Standards Manager, Climate Bonds Initiative – London
Winged reptiles thrived before dinosaurs
Tax haven link to rainforest destruction and illegal fishing
Tax havens shielding companies responsible for deforestation and overfishing
70% of vessels implicated in illegal, unreported or unregulated fishing are registered in tax havens, report finds
Money channelled through secretive tax havens has been used to fuel deforestation in the Amazon and illegal fishing around the world, racking up a heavy environmental toll but leaving few ways for businesses to be held to account.
Billions of pounds worth of finance has travelled through countries internationally recognised as tax havens, and has been traced by researchers to activities that contribute to environmental destruction, such as growing soy and beef in deforested areas of the Amazon, and expanding a network of largely unregulated fishing vessels operating under “flags of convenience”.
Continue reading...EU Market: EUAs break above €18 as thinly-traded rally continues
Trump reignited his war with California, but his Tweet got burned | Dana Nuccitelli
Trump is trying to accelerate the key contributor to California’s expanding wildfires – climate change
Last week, 18 wildfires were burning at once in California, including its largest in history, destroying over 1,100 homes and forcing tens of thousands of residents to evacuate. The smoke made the air in the state’s Central Valley unhealthy to breathe for a record 15 consecutive days, as I can personally attest.
Fun fact: there are currently no clouds at all over NorCal. The opaque skies from #SanFrancisco to #Sacramento to #Redding to #Lake Tahoe are the exclusive product of dense #smoke from numerous large #wildfires. #CarrFire #RanchFire #DonnellFire #FergusonFire #CAfire #CAwx pic.twitter.com/feVtfkDJTT
Continue reading...Land-based projects capitalise as Australia issues 237k carbon credits
New Zealand proposes major ETS overhaul
The Coalition prepares to debate the NEG
Frydenberg insists due diligence conducted before controversial reef grant
Under pressure from Labor, minister proffers timeline of grant decision-making
The environment minister, Josh Frydenberg, says his department conducted two stages of due diligence on the Great Barrier Reef Foundation before he approached the organisation on 9 April to offer $443.8m in funding.
Under pressure from Labor in the House of Representatives on Monday, the environment minister proffered a timeline of his decision making. It came after Frydenberg said on Sunday extensive due diligence had been done ahead of awarding the controversial grant, and the managing director of the foundation said on Monday she was unaware of that due diligence process and no one from the government had contacted her.
Continue reading...Drought in Australia seen from above – in pictures
The state of New South Wales is 100% in drought. Farmers are struggling with failing crops, low water supply and diminishing livestock feed. From ground level, the earth looks a brown dustbowl, but from the air it is transformed into an artwork of colour and texture. Photographer David Gray has captured the scenes using a drone
Continue reading...Solar replaces coal in north Queensland, as Collinsville switches on

CoAG takes major step forward on renewables, despite NEG standoff

New reports slam NEG as “renewables killer” designed for “short-term” politics

Know your NEM: Please sir, can I have some more?

Tesla brings Model 3 to Australia and NZ, as production ramps ups

ACCC urges Nationals to kill rooftop solar rebates as part of “package”

AI identifies heat-resistant coral reefs in Indonesia
Coral Triangle could be key to conserving the world’s reefs as Indonesia corals survive worst coral bleaching event in history.
A recent scientific survey off the coast of Sulawesi Island in Indonesia suggests that some shallow water corals may be less vulnerable to global warming than previously thought.
Between 2014 and 2017, the world’s reefs endured the worst coral bleaching event in history, as the cyclical El Niño climate event combined with anthropogenic warming to cause unprecedented increases in water temperature.
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