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Poorer countries must be compensated for climate damage. But how exactly do we crunch the numbers?

The Conversation - Tue, 2023-04-18 06:03
Extreme weather events are complex – and working out exactly how much damage climate change caused is a tricky task. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Joyce Kimutai, Climate Scientist, University of Cape Town Luke Harrington, Senior Lecturer in Climate Change, University of Waikato Michael Grose, Climate projections scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.
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Lords amendment to energy bill may stop new coalmines in England

The Guardian - Tue, 2023-04-18 06:00

Change to bill says opening and licensing of new coalmines by the Coal Authority to be prohibited

An amendment to the energy bill currently going through the House of Lords means that it will not be possible to open a new coalmine in England.

The amendment may still be reversed in the House of Commons, but it marks the growing frustration of politicians as they press the government to move faster and harder on the climate crisis.

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G7 outlines carbon credit integrity principles in sign of push towards markets

Carbon Pulse - Tue, 2023-04-18 04:36
G7 energy ministers outlined principles to underpin high-integrity carbon markets alongside a wider communique released following their meeting in Japan over the weekend, providing a signal of support towards mitigation actions which generate carbon credits.
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VCM Report: Avoidance offsets slide futher to extend the bearish trend

Carbon Pulse - Tue, 2023-04-18 03:17
Prices for avoidance offsets continued to sink over the past week as the spectre of recession distracted corporate attention from voluntary emission mitigation.
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Hundreds of firefighters tackle wildfire on French-Spanish border – video

The Guardian - Tue, 2023-04-18 03:01

Footage released by Catalonia's fire brigade showed firefighters tackling a large wildfire on the French-Spanish border. The blaze spread around the French villages of Cerbère and Banyuls-sur-Mer on the Mediterranean coast before advancing into Spain, fire services said. Hundreds of firefighters were mobilised on both sides of the border to stem the blaze, which destroyed almost 1,000 hectares of land. An unusually dry winter and spring have raised fears of a repeat of last summer's fires and droughts across Europe. One firefighter was being treated with minor injures.

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Downing Street enters row over move to ditch English name of Brecon Beacons

The Guardian - Tue, 2023-04-18 03:01

PM’s spokesperson says people will continue to use national park’s English name despite change to Welsh one, Bannau Brycheiniog

Downing Street has stepped into a growing row over a decision to ditch the English name of the Brecon Beacons in favour of the old Welsh one, Bannau Brycheiniog.

The prime minister’s official spokesperson said he was sure people would continue to use the national park’s English name and questioned the move to drop a symbol of a flaming beacon from the park’s logo.

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Commodity trader ACT acquires software firm to boost ESG offering

Carbon Pulse - Tue, 2023-04-18 02:58
Commodity trader ACT has acquired a controlling stake in a US-based software firm, expanding the Amsterdam-headquartered company's offerings in the fast-growing environmental, social, and governance (ESG) space.
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UK government to roll out new digital MRV platform for ETS

Carbon Pulse - Tue, 2023-04-18 02:42
The UK government is developing a new digital system for installations covered by the UK ETS to monitor, report and verify their emissions that will replace the existing ETSWAP system starting in the summer.
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Canada-based carbon credit seller sees mid-June closure of African reforestation project deal

Carbon Pulse - Tue, 2023-04-18 02:38
A Canadian-headquartered firm has attracted a number of potential buyers in a bidding process for carbon credits from one of its African reforestation projects, and is expecting to close its first major transaction by mid-June.
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Euro Markets: EUAs drift for a fourth day as compliance demand seen winding down

Carbon Pulse - Tue, 2023-04-18 02:12
EUAs prices sank on Monday as demand appeared to decline as the end of the compliance season came nearer despite the daily auction clearing at the largest premium for nearly eight months, while energy prices gave back initial gains amid news of plentiful Asian gas supplies.
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UK airlines project demand for up to 9 million tonnes of removals by 2050

Carbon Pulse - Tue, 2023-04-18 01:52
An industry coalition representing over 90% of UK airlines and industry outlined a roadmap on Monday consisting of technological and efficiency improvements coupled with up to nine million tonnes of carbon removals by mid-century that would see the sector comply with its net zero emissions pathway.
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An earthworm: when you are a child, these are an enormous part of your world | Helen Sullivan

The Guardian - Tue, 2023-04-18 01:00

To get earthworms for fishing, people do a thing called ‘worm grunting’

An article on earthworms published in the New York Times in 1881 – “Habits of earth-worms: The curious work which they accomplish” – describes a helminth British empire. “In England they abound in the fields, in the paved courts of houses, though they are rarer in bog fields,” the author writes. “Worm castings have been found as high as 1,500 feet in the Scotch hills and at great altitudes in south India, and on the Himalaya mountains. Both in the extremes of a climate like England and in very hot weather, worms cease their work.”

Earthworms are hermaphrodites, which the journalist, all the way back in 1881, expresses in a glittering sentence: “Two sexes unite in one individual but two individuals pair”.

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Minimal immediate carbon price impact seen as Germany closes its remaining nuclear power plants

Carbon Pulse - Tue, 2023-04-18 00:57
European carbon market analysts believe that the impact of the German nuclear phaseout which concluded over the weekend has already been long-priced into the EU ETS, though the extension of plants' lifetimes over the past winter avoided a significant amount of power sector emissions.
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Big coal to big solar: NSW leads nation on new large-scale PV capacity

RenewEconomy - Tue, 2023-04-18 00:10

One of Australia's biggest coal states is rapidly becoming a leader in big solar – but much more wind power and storage needs to come.

The post Big coal to big solar: NSW leads nation on new large-scale PV capacity appeared first on RenewEconomy.

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Record 5GW of new solar and wind underway – and big batteries are getting bigger

RenewEconomy - Tue, 2023-04-18 00:01

Lake bonney batteryNew report reveals 2022 as highest year for new renewable construction commitments on record. And while there a fewer of them, big batteries are upsizing.

The post Record 5GW of new solar and wind underway – and big batteries are getting bigger appeared first on RenewEconomy.

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Non-profit receives $60 mln to remove deforestation from crucial supply chains

Carbon Pulse - Mon, 2023-04-17 23:00
A Canada-based non-profit has received $60 million from a funding initiative to scale up low-impact and circular clothing, paper, and packaging solutions that will eliminate the use of ancient and endangered forests from the supply chains of those industries, it announced Monday.
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China should learn from pilot markets to introduce CO2 allowance auctioning, govt think-tank says

Carbon Pulse - Mon, 2023-04-17 20:51
China has not yet introduced auctioning in its national carbon market, but regulators could easily formulate rules for paid allowance allocation based on the lessons learned in the pilot markets, researchers from a government-run think-tank have suggested.
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UK CCS ambition insufficient despite “rubicon moment”

Carbon Pulse - Mon, 2023-04-17 20:47
UK progress on the rollout of carbon capture usage and storage (CCUS) is too slow despite fresh funding in the government's recent financial statement, according to experts at an event Monday, with overall ambition, regulatory clarity, and supply chain transparency cited as the main challenges ahead.
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Fears for England’s frog and toad population after drought

The Guardian - Mon, 2023-04-17 20:09

Conservationists blame changing weather patterns as low numbers of amphibians found across country

Frog and toad populations in England have been devastated by climate breakdown, conservationists fear, after the drought dried up their breeding ponds last year.

Usually at this time of year, ponds are full of jelly-like frog and toadspawn. But conservationists have found the habitats to be bare, with no amphibians or their young to be seen.

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Australia Market Roundup: New report charts “credible” decarbonisation course, issuance inches up

Carbon Pulse - Mon, 2023-04-17 19:42
A new report by an energy investment group has laid out what it describes as a credible pathway for Australia to decarbonise its electricity grid, while the Clean Energy Regulator has minted 240,000 new Australian Carbon Credit Units (ACCUs).
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