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EU lays out plan to cut greenhouse emissions by 90% by 2040
Proposal is part of European Commission’s aim to become world’s first climate-neutral continent
The EU aims to slash its net greenhouse gas pollution by 90% by 2040 as part of its push to become the world’s first climate-neutral continent, the European Commission has announced before elections in June.
Under a landmark proposal laid out by its executive body on Tuesday, the bloc will have to pump 90% less planet-heating gas into the air by 2040 than it did in 1990, a figure which includes the carbon it removes from the atmosphere.
Continue reading...BP buys back shares to boost value while lowering energy transition spend
After Paris’s coup against SUVs, the UK should slam the brakes on these polluting monsters too | Andrew Simms
Parisians have voted to triple parking charges for these behemoths. Let that be the start of a much wider crackdown
Paris has developed a taste for better city living. Its vote to begin pricing sports utility vehicles (SUVs) off its streets by tripling parking charges is part of a diet for reversing autobesity – the trend by car manufacturers towards larger, more dangerous and polluting cars.
It’s not difficult to see what has driven Parisians’ ire: the reasons to dislike SUVs form a tailback so long it’s hard to see the front of the queue.
Andrew Simms is an author, co-director of the New Weather Institute, coordinator of the Badvertising campaign and the Rapid Transition Alliance, assistant director of Scientists for Global Responsibility and a research associate at the University of Sussex
Continue reading...Australia is finally adopting vehicle emissions standards – will some cars be more expensive?
Some SUVs and utes could cost more unless they clean up their act, while EVs could get cheaper under the new standards
Carmakers are crunching the numbers on the federal government’s new vehicle efficiency standard (NVES) to make plans for what is shaping up to be a very different new car market by the end of the decade.
Some models could be discontinued or get more expensive, while more fuel efficient vehicles and EVs look set to be cheaper – and we’ll almost certainly have a broader range of hybrid and electric models to choose from.
Continue reading...Biodiversity offsetting incentivises ‘regulated destruction’, report warns
European carbon firms ink biochar purchase agreement
North America’s largest carbon project developer launches marketplace
UK’s emissions fell slightly in 2022 but transport and homes still biggest emitters
Emissions fall 3.5% from 2021 but experts say government not doing enough to reach net zero
Greenhouse gas emissions fell slightly in 2022, new government figures reveal, with homes and transport remaining the highest emitting sectors.
The emissions for the territorial UK were equivalent to 406.2m tonnes of CO2, down 3.5% from 2021 and 50% from 1990.
Continue reading...Wales pitches duty for ministers to protect biodiversity
Euro Markets: Midday Update
Carbon Pulse ramps up news coverage ahead of crucial year for biodiversity
GEF Council approves $916-mln spending on environment as biodiversity climbs the agenda
INTERVIEW: Energy-efficient electrolysers highly prized as access to renewable energy tightens
EU carbon removals accelerator advances eight startups to next phase
China to conduct research on railway-related offset methodologies
AU Market: ACCU prices inch higher as outlook says market well-supplied for the rest of decade
Tanzania project applications hit 35 as carbon trading interest grow
Climate change will strike Australia’s precious World Heritage sites – and Indigenous knowledge is a key defence
China biochar has great negative emissions potential, though market-based mechanism needed -research
Rally betrays anti-renewables desperation, as Joyce calls on “army” to go home and recruit
The post Rally betrays anti-renewables desperation, as Joyce calls on “army” to go home and recruit appeared first on RenewEconomy.