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‘Sleeping through extinction’: China urged to end delays to Cop15 summit

The Guardian - Fri, 2022-05-20 20:56

Covid lockdowns in host country frustrate scientists as no date in sight for key UN conservation conference after two years of delays


China has been urged to name a date for a key UN nature summit this year, amid growing frustration with Beijing and concerns among experts that we are “sleeping through this cataclysmic climate extinction”.

After two years of delays, governments had been scheduled to meet in Kunming, China, for Cop15 in late April to negotiate this decade’s targets to halt and reverse the rampant destruction of ecosystems and wildlife crucial to human civilisation. It had been hoped the summit would be a “Paris moment” for biodiversity, with China holding the presidency for a major UN environmental agreement for the first time.

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Malaysia’s Sarawak state passes landmark bill to buck trend on forest carbon for VCM

Carbon Pulse - Fri, 2022-05-20 20:23
The Malaysian state of Sarawak will be the Southeast Asian country’s first jurisdiction to establish rules for forest carbon activity with the successful passage in the state’s legislative assembly of a forestry bill on Thursday.
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CN Markets: Low volumes and unchanged prices as China’s carbon market sorely lacks momentum

Carbon Pulse - Fri, 2022-05-20 20:22
Carbon allowances in China’s national emissions trading market remain unchanged throughout the month of May and volumes have evaporated, as traders begin to expect there will be little regulatory progress this year.
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Abbott enriched shareholders as faulty plant needed repairs, records show

The Guardian - Fri, 2022-05-20 20:15

Economists condemn ‘rot’ in system after manufacturer issued billions in stock buybacks despite problems at Michigan factory

A deadly bacteria outbreak in baby formula and an ongoing formula shortage stem from issues some economists characterize as “rot” in the nation’s economic system: prioritization of shareholder wealth and consolidation.

The embattled baby formula producer Abbott used windfall profits to enrich investors instead of replacing failing equipment that was likely injecting the dangerous bacteria into its infant nutritional products, financial records and whistleblower documents show.

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GFC approves $300 mln to new climate projects, adopts private sector strategy

Carbon Pulse - Fri, 2022-05-20 18:36
The Green Climate Fund (GFC) has approved $301 million in funding to go towards new climate projects, while adopting a strategy framework for private sector involvement and simplified the project approval process for some host countries.
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The week in wildlife – in pictures

The Guardian - Fri, 2022-05-20 17:00

The best of this week’s wildlife pictures, including an injured bird, hungry jackals and a rescued dolphin

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NZ Market: NZU drift sideways amid lacklustre response to ERP

Carbon Pulse - Fri, 2022-05-20 16:09
The New Zealand Unit (NZU) spot price continued to float sideways on Friday, with the market giving the government’s Emission Reduction Plan released earlier in the week a relatively muted greeting, though some say the upcoming June auction could create prices movements off the back of an almost exhausted cost-containment reserve.
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Too much wind and solar? Or just too much Angus Taylor?

RenewEconomy - Fri, 2022-05-20 15:04

scott morrison SnowyAustralia's energy minister kept saying there is too much wind and solar. Now the industry agrees there is too much Angus Taylor, and the Coalition has to go.

The post Too much wind and solar? Or just too much Angus Taylor? appeared first on RenewEconomy.

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‘Ella’s law’ bill seeks to establish right to clean air in UK

The Guardian - Fri, 2022-05-20 15:00

Jenny Jones says bill, named after girl who died of asthma, treats pollution as matter of social justice

A new clean air law is starting out in parliament after the Green party peer Jenny Jones won first place in the House of Lords ballot for private members’ bills.

Named Ella’s law, as a tribute to nine-year-old Ella Kissi-Debrah who died from asthma induced by air pollution, the bill would establish a right to clean air and set up a commission to oversee government actions and progress. It would also join policies on indoor and outdoor air pollution with actions to combat our climate emergency, and include annual reviews of the latest science.

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UK nuclear power stations’ decommissioning cost soars to £23.5bn

The Guardian - Fri, 2022-05-20 15:00

Failures in government’s investment strategy mean taxpayer has contributed £10.7bn in just two years

The cost of decommissioning the UK’s seven ageing nuclear power stations has nearly doubled to £23.5bn and is likely to rise further, the public accounts committee has said.

The soaring costs of safely decommissioning the advanced gas-cooled reactors (AGRs), including Dungeness B, Hunstanton B and Hinkley B, are being loaded on to the taxpayer, their report said.

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Forrest hails Europe’s massive green hydrogen plan, says it could do more

RenewEconomy - Fri, 2022-05-20 14:52

hydrogen plantFortescue boss welcomes European Commission plan for major financial and policy support for a rapid and massive deployment of green hydrogen.

The post Forrest hails Europe’s massive green hydrogen plan, says it could do more appeared first on RenewEconomy.

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Soaring electricity prices start to bite, but worst delayed until after election

RenewEconomy - Fri, 2022-05-20 14:47

Consumers are starting to feel the effects of soaring wholesale electricity prices, but true impact hinges on a decision postponed to after election.

The post Soaring electricity prices start to bite, but worst delayed until after election appeared first on RenewEconomy.

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Great Solar Business Podcast: Making the most of Trade Shows

RenewEconomy - Fri, 2022-05-20 14:46

SEC conference covid-19 - optimisedNow trade shows are back Grant Behrendorf from AC Solar Warehouse provides the dos and don’ts for anyone hosting a booth.

The post Great Solar Business Podcast: Making the most of Trade Shows appeared first on RenewEconomy.

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Angus Taylor denies access to details of Clover Moore letter, not ‘offical documents’ under FOI

RenewEconomy - Fri, 2022-05-20 14:43

Federal energy minister Angus Taylor reacts during House of Representatives Question Time. (AAP Image/Lukas Coch).Angus Taylor blocks FOI request for documents relating to infamous Clover Moore letter, which wrongly exaggerated the Lord Mayor's travel expenses.

The post Angus Taylor denies access to details of Clover Moore letter, not ‘offical documents’ under FOI appeared first on RenewEconomy.

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Energy Insiders Podcast: Why Australia risks falling behind on green energy

RenewEconomy - Fri, 2022-05-20 14:37

Oliver Yates CEFC ARENA joint letter - optimisedFormer CEFC boss and independent candidate Oliver Yates on why Australia could lose its green energy advantage, and his new role at Sentient.

The post Energy Insiders Podcast: Why Australia risks falling behind on green energy appeared first on RenewEconomy.

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Mitsui, Nomura buy Australian-headquartered forestry asset manager

Carbon Pulse - Fri, 2022-05-20 14:32
Japan’s Mitsui and Nomura have bought the world’s second largest forestry asset manager and major developer of carbon credits, they announced on Friday.
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Cannon-Brookes says AGL coal plants will struggle to survive, needs new board

RenewEconomy - Fri, 2022-05-20 14:29

Atlassian co-CEO Mike Cannon-Brookes (AAP Image/Dan Himbrechts).Cannon-Brookes says AGL coal generators will struggle to survive, and it needs a new board and should be offering customers loans to electrify their homes.

The post Cannon-Brookes says AGL coal plants will struggle to survive, needs new board appeared first on RenewEconomy.

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Optus pledges to be 100 pct “backed by renewables” by end of 2025

RenewEconomy - Fri, 2022-05-20 13:13

Optus joins Telstra and TPG with a commitment to switch to 100% renewables by 2025, but no detail on how that will be done.

The post Optus pledges to be 100 pct “backed by renewables” by end of 2025 appeared first on RenewEconomy.

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Green-washed urea facility strikes deal with climate opponents Koch Industries

RenewEconomy - Fri, 2022-05-20 13:12

Strike Energy signs offtake agreement to supply green-washed fertiliser to climate denial funders Koch Industries.

The post Green-washed urea facility strikes deal with climate opponents Koch Industries appeared first on RenewEconomy.

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Cyber security: Global food supply chain at risk from malicious hackers

BBC - Fri, 2022-05-20 13:10
The growth of "smart" farm machinery is increasing the risk of hacking of food and farming systems.
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