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British Columbia publishes revised forest offset protocol for consultation
Lessons from no deforestation movement helping to shape investors’ views on net zero
California-registered carbon market accounts decline in Q1 as offset participants exit
Analysts foresee higher California in-state offset prices as shortage materialises by 2025
Middle East carbon standard approved as newest CORSIA offset programme
Seriously ugly: here's how Australia will look if the world heats by 3℃ this century
Even after the rains, Australia's environment scores a 3 out of 10. These regions are struggling the most
Now they want to charge households for exporting solar electricity to the grid — it'll send the system backwards
Governments remain short of effective carbon pricing rates, says OECD
EU Market: EUAs inch above €42 amid strong auction demand, early ETS data readout
LCFS Market: California prices dip to 11-mth low, while forward transactions dry up
'Delay is as dangerous as denial': scientists urge Australia to reach net zero emissions faster
Heatwaves to double and many properties will be uninsurable if global heating reaches 3C, Australian Academy of Science says
Global heating of 3C would more than double the number of annual heatwaves in some parts of Australia, leave properties uninsurable due to flood and fire risk, and make many of the country’s ecosystems “unrecognisable”, according to Australia’s leading scientists.
The Australian Academy of Science is calling on the Morrison government to accelerate the country’s transition to net zero greenhouse gas emissions in a report that examines what Australia could look like in a 3C world.
Continue reading...Who pays for Suez blockage? Ever Given grounding could spark years of litigation
Ship likely to be centre of protracted legal battle over what caused it to run aground in the Suez and who is to blame
After hauling its 220,000-ton bulk down the Suez canal a week after blocking the essential waterway, the Ever Given container ship is likely to become the centre of a protracted battle over who will pay for its rescue.
The 400-metre-long vessel was aground on the banks of the Suez canal for a week, causing an estimated £7bn loss each day in trade owing to ships stuck on either side, and up to £10.9m a day for the canal. “We managed to refloat the ship in record time. If such a crisis had occurred anywhere else in the world, it would have taken three months to be solved,” said Osama Rabie, the head of the Suez Canal Authority (SCA).
Continue reading...EU national recovery plans show many “missed opportunities” for climate action, says NGO
“Delay as dangerous as denial:” Australia faces devastating costs of climate inaction
Federal government should target net-zero emissions by 2050 as “absolute minimum,” new scientific report warns, to avoid potentially insurmountable challenges to Australia.
The post “Delay as dangerous as denial:” Australia faces devastating costs of climate inaction appeared first on RenewEconomy.
Surge in new coal mine proposals in NSW triggers fresh calls for coal moratorium
Calls for a moratorium on new coal mines, as a record number of new mine proposals lodged in 2020, despite a global decline in demand for coal.
The post Surge in new coal mine proposals in NSW triggers fresh calls for coal moratorium appeared first on RenewEconomy.
South Africa proposes tougher 2030 emissions target for revised NDC
China sets year-end compliance deadline for 2019, 2020 ETS emissions
Federal Labor promises to slash taxes for electric vehicles, build community batteries
Federal Labor promises to slash EV taxes and fund community battery roll-out, in some of its first energy policies announced since the 2019 election.
The post Federal Labor promises to slash taxes for electric vehicles, build community batteries appeared first on RenewEconomy.