Feed aggregator

A group of Egyptian financial organisations has signed a framework agreement to establish what they are calling Africa’s "first" voluntary carbon trading platform.

Australia's ossified institutions may not have the vision to make the changes our energy markets need. For consumers, that would be a terrible tragedy.

The post Electrical storm: Is it time for a reset of Australia’s energy market?  appeared first on RenewEconomy.

The Supervisory Body for the UN's new crediting mechanism under the Paris Agreement agreed on a "general" set of recommendations for removals at its third meeting in Sharm el-Sheikh on the eve of the COP27 summit.

It's the first Monday of COP27 and the climate talks have officially gotten underway in Sharm el-Sheikh. In our daily running blog, Carbon Pulse will report relevant or useful updates throughout each day.

European countries stand accused of climate hypocrisy as they buy up the world’s fossil fuel resources to secure domestic energy supply.

The post Energy hungry EU must regain the trust of poorer countries at COP27 appeared first on RenewEconomy.

The PM will tell world leaders at the COP27 summit to deliver on promises to tackle global warming.

Ex-PM to contrast optimism at Cop26 last year with failures of governments – including UK – to follow through

Boris Johnson will attack the “corrosive cynicism” on net zero that is hampering UK, and global, efforts to tackle the climate crisis, in a speech at the UN Cop27 climate summit on Monday.

In a swipe at members of his own Conservative party, the former UK prime minister will contrast the success and spirit of optimism at Cop26 in Glasgow last November with the failures of governments – including the UK – to follow through on promises since.

Continue reading...

How is it that a technologically advanced society could choose to destroy itself by failing to act to avert a climate catastrophe?

The post A technologically advanced society is destroying itself. It’s fascinating and horrifying to watch appeared first on RenewEconomy.

Government guidance would empower consumers, helping them save on bills, says thinktank

A public information campaign to encourage consumers to cut their gas usage this winter could save households nearly £400 and the Treasury £9bn, a study has shown.

An analysis by the cross-party thinktank the Social Market Foundation found that households could save between £250 and £400 a year if a UK campaign similar to Germany’s national energy-awareness drive were launched.

Continue reading...

Why does civil society accept a system that condemns today’s children life on a hostile planet? And what can we do about it? Christopher Wright, Professor of Organisational Studies, University of Sydney Daniel Nyberg, Professor of Management, Newcastle Business School, University of Newcastle Vanessa Bowden, Lecturer, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.

Australia now has a target of protecting 30% of its land and sea area. But the challenges of conserving urban biodiversity illustrate why it’s a much more complex task than a simple target suggests. Simon Kilbane, Senior Lecturer, Landscape Architecture, Deakin University Licensed as Creative Commons – attribution, no derivatives.

Guyana is in the process of certifying more than 30 million forest carbon credits, the country’s vice president Bharrat Jagdeo has told local media, a move that could see some of the first verified jurisdictional carbon credits hit the market.

Winner of government tender was unveiled at Cop26 as one that would ‘stand the test of time’

It was meant to join the red phone box, the London bus and the black cab as a symbol of modern Britain. Yet a so-called iconic design for a UK electric car charger commissioned by Grant Shapps, then transport minister, is likely to remain on the drawing board after the government admitted it may never be made.

The government put out the tender for the contract in June last year and revealed the winning design, by the Royal College of Art and PA Consulting, at the Cop26 climate conference in Glasgow a few months later.

Continue reading...

Claim by academics, including former integrity chair of Australia’s carbon credit scheme, raises further doubts about system

• Get our morning and afternoon news emails, free app or daily news podcast

Projects meant to regenerate Australia’s outback forests to store carbon dioxide have been awarded millions of carbon credits – worth hundreds of millions of dollars – despite total tree and shrub cover in those areas having declined, a new analysis has found.

It is the latest claim that raises doubts about the integrity of Australia’s carbon credit system, which the federal government and polluting businesses rely on to meet targets to reduce greenhouse gas emissions.

Continue reading...

Greta Thunberg thinks the summit is about ‘greenwashing, lying and cheating’, however it could force the Albanese government to back rhetoric with new pledges

• Get our morning and afternoon news emails, free app or daily news podcast

Greta Thunberg is not a fan of Cop27, the climate conference that got under way in Egypt overnight on Sunday. She reckons it’s just a chance for the powerful to get away with “greenwashing, lying and cheating”, and that the annual summits of national governments, policy experts, spruikers and hangers-on aren’t working. She’s not going.

She might be right not to go. As a privileged middle-aged man from a generation that has failed to do enough to address the climate crisis – more than half all historic emissions have been in the past 30 years – I’m not here to say she’s wrong.

Continue reading...

Contentious opening to UN climate conference as delegates struggle to reach agreement on discussion of loss and damage

The Cop27 UN climate summit has made a delayed start after delegates tussled late into Saturday night and on into Sunday morning over what should be discussed at the conference.

At the heart of the disagreement was the vexed question of loss and damage, which refers to the devastating consequences of climate breakdown suffered by the poorest and most vulnerable countries, and how to help them.

Continue reading...

Report at Cop27 shows the world is now deep into the climate emergency, with the 1.5C heating limit ‘barely within reach’

The past eight years were the eight hottest ever recorded, a new UN report has found, indicating the world is now deep into the climate crisis. The internationally agreed 1.5C limit for global heating is now “barely within reach”, it said.

The report, by the UN’s World Meteorological Organization (WMO), sets out how record high greenhouse gases in the atmosphere are driving sea level and ice melting to new highs and supercharging extreme weather from Pakistan to Puerto Rico.

Carbon dioxide, methane and nitrous oxide are at record levels in the atmosphere as emissions continue. The annual increase in methane, a potent greenhouse gas, was the highest on record.

The sea level is now rising twice as fast as 30 years ago and the oceans are hotter than ever.

Records for glacier melting in the Alps were shattered in 2022, with an average of 13ft (4 metres) in height lost.

Rain – not snow – was recorded on the 3,200m-high summit of the Greenland ice sheet for the first time.

The Antarctic sea-ice area fell to its lowest level on record, almost 1m km2 below the long-term average.

Continue reading...

After Johnson’s weak energy plan and Truss’s scepticism to net zero, we have Rishi Sunak who didn’t even want to attend

“Unless we take urgent action, we will get 3C hotter,” Boris Johnson told the UN climate talks in 2020. “As a country … we must now act.” The former prime minister’s words were a rallying cry to galvanise the government into taking action on global heating.

Johnson’s administration had been under heavy fire for its lacklustre approach to the climate crisis. But fast forward a year to Cop26, and not much had changed. Johnson’s appearance was criticised as much as his policies; he was described as “a clown” after comparing the climate emergency to James Bond wrestling with a ticking bomb. His comments were in keeping with the travelling circus act that he has been performing ever since he first entered politics – even the future of the world was a joke.

Continue reading...

Cybersecurity experts warn that official Cop27 climate app requires access to a user’s location, photos and even emails

There are mounting fears over the surveillance of delegates at the Cop27 climate talks in Egypt, with cybersecurity experts warning that the official app for the talks requires access to a user’s location, photos and even emails upon downloading it.

The revelation, as more than 25,000 heads of state, diplomats, negotiators, journalists and activists from around the world gather at the climate summit that starts in Sharm El-Sheikh on Sunday, has raised concerns that Egypt’s authoritarian regime will be able to use an official platform for a United Nations event to track and harass attendees and critical domestic voices.

Continue reading...

The climate summits do serve a purpose even while avoiding facing up to some awkward realities

The Cop is a strange beast – an annual event that everyone claims to hate but no one wants to miss. This year’s Cop is even weirder: it’s in a famous Red Sea seaside resort renowned for its warm blue seas and coral reefs, but the diving centres are closed for security reasons and in any case few of us will have time to so much as dip a toe in the sea.

We will spend all our hours inside a conference centre with little daylight, and only see the sun as we try to dash in our formal clothes from air-conditioned hotel to air-conditioned conference hall without getting covered in sweat.

The Secret Negotiators are representatives of developing countries involved in the United Nations Framework Convention on Climate Change negotiations, and who will be attending the Cop27 climate conference.

Continue reading...