Feed aggregator

The Bahamas’ Prime Minister Philip Davis on Wednesday unveiled legislation to introduce regulation for carbon trading on the archipelago, including large fines and jail terms for any wrongdoing.

European governments should implement a floor price in the EU ETS, a group of think-tanks has argued, as the market’s wild fluctuations make investing in innovative decarbonisation solutions difficult for heavy industry.

A New York congressman on Wednesday penned an open letter to standard bodies Verra and American Carbon Registry (ACR), asking them to once again allow companies to tokenise retired carbon credits.

WCI emitters in the second quarter shifted the fewest number of allowances into compliance accounts since 2016, as the allowance glut of the linked cap-and-trade system ticked up to a new all-time high, according to programme data published Thursday.

California Carbon Allowance (CCA) prices retraced this week but still held onto gains from the volatile end of the second quarter, while RGGI Allowances (RGAs) was up slightly as Pennsylvania officially entered the bloc, barring a court decision.

California regulator ARB on Thursday presented illustrative scenarios for ratcheting up 2030 carbon intensity (CI) reduction targets of the Low Carbon Fuel Standard (LCFS), while asking for public input on phasing out credits for certain fuel pathways and limiting the amount of crop-based biofuels in the programme.

The Executive Office of Energy and Environmental Affairs is accepting resumes and applications for the position of Manager and Climate Analysis.

The UN Climate Change Regional Collaboration Centers (RCCs) support national climate action through capacity-building, technical assistance, and strategic networking – sourcing know-how and resources to help developing countries participate in addressing climate change.

Russia’s invasion of Ukraine has exacerbated a desperate situation. Famine is not inevitable – but action must be swift

Hunger is stalking the world. Seven years ago, the United Nations vowed to eradicate it by 2030. Yet the number of people affected globally reached 828 million last year, and an unprecedented number – 345 million – are currently experiencing acute food insecurity, the UN has warned.

Covid-19 and the climate emergency had seen that tally rise from 135 million people before the pandemic to 276 million by early this year, reflecting a 55% increase in the Food and Agriculture Organization’s food price index since May 2020. “We thought it couldn’t get any worse,” said David Beasley, head of the World Food Programme.

Continue reading...

Regional residents at risk of being ‘last people in the world’ driving petrol cars due to misconception electric vehicle batteries lack range, study suggests

• ​​Get our free news app, morning email briefing and daily news podcast

People living in regional areas are at risk of becoming the “last people in the world” left driving petrol cars because incentives for electric vehicles have been targeted towards city drivers.

Most EVs on the market are likely to have the battery range needed for those living long distances from urban centres, however Australian policy is currently geared only towards encouraging uptake among citydwellers, new research from the Australian National University has found.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...

The aim of this traineeship is to complement the theoretical education of the trainee and to provide her/him with introductory training to orientate her/his career in the domain of environmental advocacy and campaign work. We are seeking a dynamic, creative and enthusiastic intern to support our policy work. The intern will report to a thematic policy lead while working closely with the entire CMW team.

You work primarily on the design and evaluation of international carbon market approaches, including Article 6 of the Paris Agreement and the voluntary carbon market. A key focus is supporting Oeko-Institut’s work on the Carbon Credit Quality Initiative. You also contribute to research and consultancy projects in related areas, such as the quantification and accounting of greenhouse gas emissions or climate finance.

With information across global compliance and voluntary carbon markets fragmented and often confusing, the World Bank aims to cleanse the landscape by launching a free-to-access metadata layer that will link, aggregate, and harmonise underlying registry data to enable transparent accounting as per Article 6 of the Paris Agreement.

Critics comparing the voluntary carbon market to the wild west are missing the point and risk undermining decades of progress on climate change, argues Renat Heuberger, CEO and co-founder of South Pole.

A fast-growing green fintech firm struck a multi-year partnership with a start-up carbon project investor on Thursday, with the aim of developing large-scale, "high-quality" carbon credit projects in Africa, Asia, and Latin America.

Offset standard manager and developer Verra on Thursday proposed a new carbon credit label for nature-based removal units that would signify greater attention paid to accurate emissions baselines and preventing leakage.

The European Parliament on Thursday greenlighted plans to force airlines to blend at least 2% of sustainable aviation fuels (SAFs) as early as 2025 and raise longer-term ambition for a law aimed at tackling one of the core drivers of aviation pollution.

European carbon prices rose for a second day on Thursday as the market appeared to be consolidating in its medium term range, while energy prices continued to advance as Germany sought Canadian help to boost gas flows from Russia.

Industry calls for roles to be added to job shortage list as eight in 10 report serious problems finding qualified workers

Dairy farmers are warning that a chronic shortage of workers is hitting milk production and further fuelling food price inflation, and are calling for urgent action to stop the situation getting worse.

Eight in 10 farm owners looking for workers said they had received very few or zero applications from people with the right experience or qualifications, in response to a survey by Arla Foods, the UK’s largest dairy co-operative.

Continue reading...

Tianjin is set to roll out a small-scale offset scheme targeting households and individuals, making the northern Chinese city the latest in a growing line of regions seeking to expand the scope of offset markets.