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‘Grossly irresponsible’: UK hands out 24 new North Sea oil and gas licences
The move to grant 17 companies the right to drill for fossil fuels is ‘a pipe dream’ that will do little for energy security, say environmentalists
Britain has handed major oil companies the right to drill for fossil fuels in 24 new licence areas across the North Sea as part of the government’s mission to extend the life of the ageing oil and gas basin.
The North Sea regulator said 17 oil companies, including Shell and BP, were granted licences in the Central North Sea, Northern North Sea and West of Shetland areas to “provide benefits to the local and wider economy”.
Continue reading...UK biodiversity net gain could “incentivise” building in nature recovery areas
INTERVIEW: Using carbon finance to support provision of clean water holds untapped potential
ANALYSIS: EU states plan policy changes to meet bloc’s 2030 emissions targets
Ukrainian environment minister confirms launch of ETS in 2025
Decarbonising industry technically possible but other barriers need addressing too -report
African energy producer, Indian carbon developer team up to assist power plants in offsetting emissions
Georgie Purcell: Why I’m not done fighting – for animal rights, and for women
As a young woman, I knew public life wouldn’t be easy – but Monday was a new low when my image was manipulated and misused
Monday was the day that duck shooting should have been banned in Victoria. Instead it was the day we saw the government betray parliamentary processes, our wildlife and our community. And somehow, that day ended with a bizarre form of sexism against me.
I won’t pretend public life since my election as an MP has been easy, especially as a young woman.
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Continue reading...‘Literally off the charts’: global coral reef heat stress monitor forced to add new alerts as temperatures rise
Three new levels added by US Coral Reef Watch after ‘extreme’ unprecedented heat, with highest alert warning of ‘near complete mortality’
The world’s main system for warning about heat stress on the planet’s coral reefs has been forced to add three new alert categories to represent ever-increasing temperature extremes.
The changes introduced by the US government’s Coral Reef Watch program come after reefs across the Americas were hit by unprecedented levels of heat stress last year that bleached and killed corals en masse.
Continue reading...EU shipping companies can now apply for their own EUA trading account
EU to delay new green rule in bid to appease protesting farmers
Order to leave 4% of land fallow to encourage biodiversity waived for year in light of flooding, drought and heatwaves
Farmers protesting across Europe have won their first concession from Brussels, with the EU announcing a delay in rules that would have forced them to set aside land to encourage biodiversity and soil health.
The European Commission vice-president, Maroš Šefčovič, described Wednesday’s decision, which is expected to be rubber-stamped by member states within 15 days, as “a helping hand” for the sector at a difficult time.
Continue reading...UK urged to emulate US, EU green deals to spur clean industrialisation
UK risks steep decline without £28bn green economy pledge, Labour warned
Business leader says investment in low-carbon economy is ‘absolute minimum’, a view echoed by other experts
Labour’s proposed investment of £28bn a year in the low-carbon economy is an absolute minimum, a leading business figure has said, adding that without green investment on that scale the UK will face steep decline as a result of crumbling infrastructure and stagnating industry.
Jürgen Maier, the former UK head of Siemens, the German industrial giant and major investor, said massive investment was needed to rebuild the UK economy and make it fit for the future, and that it should concentrate on low-carbon energy, transport and industry.
Continue reading...Euro Markets: Midday Update
Carbon Partnerships Associate, Nori – New York City (Hybrid)
Benchmark pricing company to create ‘price baskets’ for carbon credits after tie up with ratings agency
Rowdy Flock: a daughter, her dreams, and a sheep farm in Norway
When Rakel took over the last farm in her Norwegian village, she was not only taking responsibility for a flock of accident-prone woolly animals, but also a way of life at a crossroads. This was a chance to follow in the footsteps of her much-loved father, and live the way she had always dreamed, alongside her wife. A flock of sheep comes with a flock of problems, so the saying goes. With the help of community and family, can Rakel succeed?
Continue reading...Nigerian govt doubles down on carbon markets commitment at conference -media
Indonesia issues new CCS regulations, allows foreign firms 30% of capacity
Norway has made a vital climate leap. This is how Britain can do the same | Tessa Khan
A historic legal victory in Oslo has boosted our campaign against the Rosebank field and other British drilling projects
- Tessa Khan is executive director of climate action organisation Uplift
There has been a dramatic change in how oil drilling rights are approved on one side of the invisible line that divides the North Sea between the UK and Norway.
On the Norwegian side, after a groundbreaking decision by the Oslo district court on 18 January, the government must now take into account the emissions that come from the burning of oil and gas reserves in addition to the impact of getting the reserves out of the ground, before they approve a new field. The legal win, which applies for the first time the reasoning of a separate case in the Norwegian Supreme Court, was a result of Greenpeace Norway and Young Friends of the Earth Norway challenging the approval of three new oil and gas fields by the government. They argued the government had not been properly vetted for climate harm. The court agreed.
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