Feed aggregator

Climate Investments Analyst to identify and form opinions on investment opportunities and to work within the Climate Investment Team on direct investments of all kind.

Responsible for overseeing, further developing, embedding and reporting on Tullow’s sustainability strategy and key initiatives across the group including the delivery of the Net Zero Plan.

Senior Policy Officer to work on analysis, development and implementation of climate change policy, including strategies and action plans.

The voluntary carbon market should have an important, if marginal, role in corporate climate action, UN climate finance envoy Mark Carney said Thursday while setting out credible offsetting buying strategies.

The European Commission will launch its second call for large-scale projects under the EU ETS-funded Innovation Fund in October, the EU’s executive announced Thursday.

Global carbon emissions from energy use dropped by the most in a single year since World War 2, as the Covid pandemic hit economic activity and fossil energy demand dropped, oil major BP said in its annual survey of the global energy sector.

EU carbon prices dropped by as much as 3.3% on Thursday to a three-week low, while UK Allowance prices slumped to a new nadir on more profit-taking and supply-related concerns.

The private sector Taskforce on Scaling Voluntary Carbon Markets (TSVCM) largely kept intact its plan to ramp up offset trade in final recommendations released Thursday, although the proposed governance body will now see the inclusion of active market participants in making key recommendations and decisions on core carbon principles (CCPs).

Commission imposes €875m fine for breaching antitrust rules by delaying cleaner emissions technology

The EU has fined Volkswagen and BMW €875m (£750m) after finding that the German carmakers colluded with another rival, the Mercedes-Benz owner Daimler, to delay emissions-cleaning technology.

The European Commission said that the carmakers had “breached EU antitrust rules by colluding on technical development in the area of nitrogen oxide cleaning”.

Continue reading...

What has not been melted, incinerated or damaged beyond repair has been compromised to the point of being unsafe

• We are republishing in its entirety the open letter written by the mayor of Lytton after the village was destroyed by wildfire

On June 29, the small village of Lytton, in Canada, became one of hottest places on Earth. Temperatures reached an astounding 49.6 °C (121.3 °F). The next day, a wild fire destroyed most of the town. In this open letter, the Mayor of Lytton describes the situation on the ground.

*

Continue reading...

The city of Yueqing in China’s Zhejiang province has announced the launch of a small-scale local carbon market for small enterprises and households that provincial governments in the Yangtze River Delta region want  to develop into a network of interconnected so-called “inclusive” markets across the region.

In Canada, almost every policy to help wean us off fossil fuel has been watered down by oil and gas lobbyists

After recording the country’s highest ever temperatures of 49.6C, the town of Lytton in British Columbia, Canada, burst into flames. Residents had minutes to flee a “wall of fire” with nothing but the clothing on their backs. Like people in many other places in the world struggling with heatwaves, fires, droughts and strange extreme storms, BC residents now know what it feels like to live in a changing climate on an increasingly inhospitable planet.

It’s the helplessness you feel as a mother when your son is throwing up from heat exhaustion. It’s the fear you feel when your asthmatic niece struggles to breathe because of the dense smoke from wildfires. It’s the panic you feel when you know that your oldest son is out in northern British Columbia tree planting and that there are now 180 wildfires raging across the province, caused by unprecedented “fire weather” – 710,000 lightning strikes in a 24-hour period.

Continue reading...

Cruise ships kill whales, leak gray water, and are largely exempt from US taxation. When they violate the law, they pay the equivalent of a parking ticket

Decades ago, when I worked as a ranger in Alaska’s Glacier Bay national park, each cruise ship that entered the bay carried hundreds of passengers. Today, they carry thousands. They don’t look like ships any more. They look like the boxes the ships came in, huge floating milk cartons – ponderous and white.

But once they get moving, they’re a force. One that occasionally strikes whales.

Continue reading...

New Zealand carbon allowances rose another NZ$1.50 in Thursday trade as buyers continued to pick up all available supply.

The Netherlands has handed out 38.3 million EUAs to its industries, the government said on Thursday, confirming distribution of 2021 units following a delayed allocation process.

British Columbia scientist says heat essentially cooked mussels: ‘The shore doesn’t usually crunch when you walk’

More than 1 billion marine animals along Canada’s Pacific coast are likely to have died from last week’s record heatwave, experts warn, highlighting the vulnerability of ecosystems unaccustomed to extreme temperatures.

The “heat dome” that settled over western Canada and the north-western US for five days pushed temperatures in communities along the coast to 40C (104F) – shattering longstanding records and offering little respite for days.

Continue reading...

In the midst of a climate crisis with 8 billion humans on the globe, it’s absurd to say that what’s lacking is babies

Fertility rates are falling across the globe – even in places, such as sub-Saharan Africa, where they remain high. This is good for women, families, societies and the environment. So why do we keep hearing that the world needs babies, with angst in the media about maternity wards closing in Italy and ghost cities in China?

The short-range answer is that, even though this slowdown was predicted as part of the now 250-year-old demographic transition – whose signature is the tumbling of both fertility and mortality rates – occasional happenings, such as the publication of US census data or China’s decision to relax its two-child policy, force it back into our consciousness, arousing fears about family lines rubbed out and diminishing superpowers being uninvited from the top table.

Continue reading...

The fossil-fuel multinationals fund ‘thinktanks’ and ‘research institutes’. But it’s gullible public service broadcasters that give them credibility

Yes, we should rake over the coals. And the oil, and the gas. Democratic accountability means remembering who helped to stoke the climate crisis. We should hold the fossil fuel companies to account.

In 1979, an internal study by Exxon concluded that burning carbon fuels “will cause dramatic environmental effects before the year 2050”. In 1982, as the Guardian’s Climate Crimes series recalls, an Exxon memo concluded that the science of climate change was “unanimous”. Then it poured millions of dollars into lobby groups casting doubt on it.

Continue reading...

Funding for offshore kelp forest, butterflies, beavers and wetlands among other schemes will help address climate crisis

Restoring a kelp forest off the Sussex coast, creating new habitat for heat-sensitive butterflies and connecting fractured wetlands for the reintroduction of beavers are among 12 new projects receiving funding to help the UK tackle climate change, the Wildlife Trusts has announced.

Planting new seagrass pastures in the Solent, expanding salt marshes on the Essex coast and restoring peatlands in Cumbria, Durham, Yorkshire, Northumberland and Somerset are some of the “high-impact” schemes that the nature charity said will help mitigate the impact of global heating on land and at sea.

Continue reading...

Rule changes will make it easier for big wind and solar projects to be built in stages, and for projects to share connection points to the grid.

The post Wind and solar farms to be allowed to share connection points to grid appeared first on RenewEconomy.