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Canada will move forward with mandating climate-related financial disclosures for large, federally incorporated private companies, the federal government announced Wednesday, and also provided detail on progress towards a Canadian taxonomy for sustainable investment.

Uncertainty surrounding permit approval timelines for US carbon capture and storage (CCS) projects has become a major “pain point” for operators in the country and stifled much-needed progress in the industry, conference participants heard Wednesday.

Our leaders may prefer complexity because it means they can defer taking action – but doing something about emissions reduction or slow wage growth is actually not that complex

After spending any time analysing policy you quickly realise that politicians expend a supreme level of effort to avoid doing the obvious, and instead they do complex things that neither solve a problem nor appease their opponents.

For politicians, the problem with clarity is that it demands action. Complexity provides safety because action can more easily be avoided. And so the obvious and clear are painted as “extreme”, while the complex is regarded as “mature”.

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Verra replaced its prior cookstoves protocols on Wednesday, retaining the UN approach to calculate emissions reductions from its initial version, but eliminating opportunity for other devices such as ovens, heaters, and dryers, to generate voluntary carbon credits.

Milton, which fluctuated in intensity as it approached Florida, was a category 3 hurricane as it made landfall.

'It will continue to move across central Florida throughout the night and into the early morning hours,' said Florida governor Ron DeSantis.

• Hurricane Milton

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A new 3D scan shows Endurance exactly as it is 3,000m down in Antarctica’s icy waters.

Policy reform is urgently needed to make water use in Australia sustainable, but it won’t be effective unless it’s based on facts. Quentin Grafton, Australian Laureate Professor of Economics, Crawford School of Public Policy, Australian National University John Williams, Adjunct Professor in Agriculture and Natural Resource Management, Charles Sturt University, and Adjunct Professor, Crawford School of Public Policy, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Far from being a poster child for nuclear power, the UK is a case in point for both the problems with technology and its decline in some major economies.

The post Coalition claims of a nuclear power renaissance in UK further expose its shameless policy con appeared first on RenewEconomy.

Plans for what is shaping up to be the biggest wind project in Australia's main grid will be released next week, with up to 250 turbines in state-owned softwood plantations in the central west of NSW.

The post Plans to be unveiled for 250 turbine wind project – the biggest in main grid – in state pine plantation appeared first on RenewEconomy.

Over 10 million hectares of intact tropical forests in Indonesia are threatened by biomass power developments, including 127 Key Biodiversity Areas, according to a report.

Global wildlife populations have shrunk by an average of 73% in the past 50 years, data shows.

By measuring what might seem immeasurable, businesses can become part of the solution to the nature crisis. Brendan Wintle, Professor in Conservation Science, School of Ecosystem and Forest Science, The University of Melbourne Sarah Bekessy, Professor in Sustainability and Urban Planning, Leader, Interdisciplinary Conservation Science Research Group (ICON Science), RMIT University Simon O'Connor, Honorary Fellow, Melbourne Biodiversity Institute, The University of Melbourne William Geary, Lecturer in Quantitative Ecology & Biodiversity Conservation, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

Chile is leading Latin America in per capita foreign direct investments (FDI) thanks to how attractive the nation has become as a climate finance destination, the country’s economy minister said Wednesday.

With clean air projects receiving just 1% of aid, activists say nations ‘cannot continue polluting practices at expense of climate stability’

Foreign aid for fossil fuel projects quadrupled in a single year, a report has found, rising ​​from $1.2bn in 2021 to $5.4bn in 2022.

“This shocking increase in aid funding to fossil fuels is a wake-up call,” said Jane Burston, CEO of nonprofit the Clean Air Fund, which conducted the research. “The world cannot continue down this path of propping up polluting practices at the expense of global health and climate stability.”

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Two industry associations filed a lawsuit on Tuesday against California regulator ARB for its medium- and heavy-duty vehicles rules, alleging that the stricter emissions standards are unconstitutional.

The US Department of Energy (DOE) announced $29 million in funding for 12 carbon capture, utilisation, and storage (CCUS) projects on Wednesday.

Chile and the World Bank have launched a multi-year programme to support the development and harmonisation of carbon pricing initiatives in the South American country, representatives of both entities announced at the Chile Carbon Forum in Santiago on Wednesday.

Argentine legislators are drafting a national voluntary carbon market (VCM) law, coinciding with plans for an ETS, according to speakers at the Chile Carbon Forum in Santiago on Wednesday.

Canada pledged Wednesday to spend at least C$10 million ($7.3 mln) by 2030 to procure CO2 removal (CDR) services as part of a national strategy to reduce and compensate emissions from governmental operations.

Washington’s Allowance Price Containment Reserve (APCR) sale for the year sold about a third of the permits offered at a premium of about 41.2% compared to the secondary market futures price despite potential for the programme being scrapped by voters at the November elections, results published Wednesday showed, with traders debating how many and why any bidders had participated in the sale.