Feed aggregator

South Korea on Thursday named two more securities firms that will act as market makers in the nation’s emissions trading scheme while at the same time more than doubling the KAU holding limits for financials in a bid to boost market liquidity and stabilise prices.

Exclusive: one university cites the industry as a ‘fundamental barrier to a more just and sustainable world’

Three more UK universities have banned fossil fuel companies from recruiting students through their career services, with one citing the industry as a “fundamental barrier to a more just and sustainable world”.

The University of the Arts London, University of Bedfordshire, and Wrexham Glyndwr University join Birkbeck, University of London, which was the first to adopt a fossil-free careers service policy in September.

Continue reading...

Australia will have to increase its emissions reduction rate to about 17 MtCO2e per year – a 40% increase from current rates – if it intends to reach its 2030 and 2050 climate goals, the country’s climate change minister said in a speech to parliament on Thursday.

The exposure of renewable energy to modern slavery is not unique to Australia. But it is time to act and develop different supply chains, or make the products ourselves.

The post It’s time to act on modern slavery in renewable energy supply chains appeared first on RenewEconomy.

AEMO lays out engineering task to allow Australia's main grid to operate on 100 pct renewables, first for half hour periods and then for hours or days at a time.

The post “Unparalleled in world:” AEMO maps route to “hours and days” of 100 pct renewables appeared first on RenewEconomy.

Plant breeders must now engage with kaitiaki if special relationships with a plant have been asserted. But Māori have no say on the introduction of exotic plants that could become invasive. David Jefferson, Lecturer, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.

A daily summary of our news plus bite-sized updates from around the world.

Federal Labor says it is on track to achieve or even beat its 43% emissions reduction by 2030, after a one-third improvement since Coalition was dumped.

The post Bowen says Australia poised to beat 2030 climate target, as emissions plateau appeared first on RenewEconomy.

California regulator ARB in a public workshop on Wednesday reviewed the state’s forestry offset protocol, exploring expert insights and public input on the relevant science, data, and tools for future amendments to the programme under the WCI-linked cap-and-trade system.

The British Columbia Low Carbon Fuel Standard (BC-LCFS) saw credit generation outpace deficits for the second straight year in 2021 as fuel suppliers engaged in more low-carbon projects, according to provincial data published Wednesday.

Batteries thrown into household rubbish bins cause about 700 fires a year in waste facilities, a survey suggests.

EU subsidies for decarbonisation that are derived from ETS revenues would most effectively be distributed to sectors where the carbon price is too low or where free allowances make it hard for clean energy to compete, according to a report published Thursday, which proposed mechanisms to channel cash to where it's most needed.

CWP gets approval for the first big battery to be retrofitted to an existing wind or solar farm with the same connection point. It's a big deal.

The post Landmark connection deal allows battery to be added to biggest wind farm in NSW appeared first on RenewEconomy.

The EU and Switzerland are significantly increasing the frequency of dates where allowance transfers are allowed between the two regional emissions trading schemes.

Quinbrook wins contracts for two new syncons in UK, part of anticipated £430 million spend on system services.

The post Quinbrook to build two new syncons in UK as part of £460m system spend appeared first on RenewEconomy.

Drawn by jobs - or escaping climate change - many people from the Pacific are moving elsewhere. John Connell, Professor of Human Geography, University of Sydney Licensed as Creative Commons – attribution, no derivatives.

The European Commission presented its highly-anticipated proposal for a certification scheme for carbon removals on Wednesday, a move welcomed by some observers as offering a first-step towards a robust regulatory framework, while others noted shortcomings such as the definition of removals in the text.

An Indian carbon standards registry has linked up on Wednesday with the Carbon Trade Exchange (CTX), for an initial display of five projects on offer and almost 100,000 credits made available to the voluntary carbon market, the exchange told Carbon Pulse.

Tory backbenchers are among 40 parliamentarians who asked PM to ‘stand up for nature’ at talks

• UK politics live – latest news updates

Forty parliamentarians, including seven Conservative MPs, have privately written to Rishi Sunak imploring him to attend the Cop15 biodiversity conference, which starts next week.

In the letter, seen by the Guardian and organised by the all-party parliamentary group on the environment, the parliamentarians warn that a million species are facing extinction globally and that lack of high-level political buy-in could spell disaster for nature.

Continue reading...

State attempts to push through plans to shut hundreds of factory farms to cut nitrogen oxide emissions

The Dutch government is offering to buy out up to 3,000 “peak polluter” farms and major industrial polluters in an attempt to reduce ammonia and nitrogen oxide emissions that are illegal under EU law.

The nitrogen minister, Christianne van der Wal, said farmers would be offered more than 100% of the value of their farms to quit. For the first time, the government has said that forced buyouts will follow next year if the voluntary measures fail.

Continue reading...