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Santos “confident” it has enough ACCUs to meet projected Barossa Safeguard requirements

Carbon Pulse - Thu, 2024-06-20 16:08
Oil and gas major Santos is “confident” it has enough Australian Carbon Credit Units (ACCUs) for its Barossa LNG project to meet its compliance obligations under the Safeguard Mechanism.
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UK among rich countries not paying fair share to restore nature – report

The Guardian - Thu, 2024-06-20 15:00

Only two countries provide fair amount to compensate lower-income nations for biodiversity loss, with most paying less than half what they should, says ODI

The UK, Canada, New Zealand, Italy and Spain are among the rich countries contributing less than half their fair share of nature finance to poor countries, a new report has found.

Developed nations have agreed to collectively contribute a minimum of $20bn annually for nature restoration in low and middle-income countries by 2025. This money is in addition to the $100bn agreed for climate finance.

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No costing, no clear timelines, no easy legal path: deep scepticism over Dutton’s nuclear plan is warranted

The Conversation - Thu, 2024-06-20 14:41
Going nuclear in Australia would mean overcoming a set of almost impossible obstacles, from legal to financial, regulatory and workforce. Ian Lowe, Emeritus Professor, School of Environment and Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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‘Space hairdryer’ regenerates heart tissue in study

BBC - Thu, 2024-06-20 14:30
Gentle shockwaves could regenerate the heart tissue of patients after bypass surgery, research suggests.
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Most people in petrostates want quick switch to clean energy, UN poll finds

The Guardian - Thu, 2024-06-20 14:01

Largest ever climate survey also finds majority want countries to set aside differences to fight global heating

Most people in the world’s biggest fossil fuel producing countries want their countries to transition quickly to clean energy to fight the climate crisis, according to the largest ever climate opinion poll, conducted by the UN.

Many of these states have profited heavily from fossil fuel exploitation, but the 77-nation poll shows their citizens are deeply concerned about the impacts of global heating on their lives. In China and India, the biggest coal producers, 80% and 76% respectively want a quick green transition.

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Fossil fuel use reaches global record despite clean energy growth

The Guardian - Thu, 2024-06-20 14:00

Report finds developing countries are increasing reliance on coal, gas and oil as overall demand for energy rises

The world’s consumption of fossil fuels climbed to a record high last year, driving emissions to more than 40 gigatonnes of CO2 for the first time, according to a global energy report.

Despite a record rise in the use of renewable energy in 2023, consumption of fossil fuels continued to increase too, an annual review of world energy by the Energy Institute found.

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How the small Pacific island nation of Vanuatu drastically cut plastic pollution

The Guardian - Thu, 2024-06-20 14:00

With lagoons once choked by rubbish, pressure from the appalled community led the government to ban certain single-use products

For generations, the people of Erakor village in the Pacific nation of Vanuatu would pass their time swimming in the local lagoon. Ken Andrew, a local chief, remembers diving in its depths when he was a child, chasing the fish that spawned in its turquoise waters.

That was decades ago. Now 52, Andrew has noticed a more pernicious entity invading the lagoon: plastic.

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Peter Dutton’s nuclear plan is an economic disaster that would leave Australians paying more for electricity | Tristan Edis

The Guardian - Thu, 2024-06-20 13:19

Almost all nuclear power plants in Europe and North America were constructed in the 1970s and 1980s

The Peter Dutton-led Coalition has announced that, if elected, the government will build seven nuclear power stations located across every mainland state.

One can understand the appeal of nuclear power to those who are unfamiliar with the history of the technology. Nuclear power has been with us for many decades, supplying large amounts of emission-free power across a wide number of democratic, developed countries in Europe and North America. Why wouldn’t we make use of a power source that can be turned up and down independent of the weather and which other developed nations have used for decades?

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Canada to ban open-net pen salmon farming in British Columbia

The Guardian - Thu, 2024-06-20 11:16

Environmentalists hail decision to end practice in five years but aquaculture industry warns of 6,000 jobs at risk

Canada will ban open-net pen salmon farming in British Columbia coastal waters in five years, the government has announced, a decision that has been welcomed by environmental groups but opposed by the aquaculture industry.

The Liberal government made the decision in 2019 to transition to closed containment technologies to protect declining wild Pacific salmon populations.

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Verra, Malaysian Forest Fund sign deal to align forest carbon initiatives

Carbon Pulse - Thu, 2024-06-20 10:03
Verra has signed an agreement with the Malaysian Forest Fund (MFF) to support the alignment of the Southeast Asia nation’s forestry carbon initiatives with the Verified Carbon Standard.
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Biorefinery firm finalises CCS agreements for its Nebraska facilities

Carbon Pulse - Thu, 2024-06-20 09:40
A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.
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Over 80% of rich countries fail to meet fair share of biodiversity financing target, report shows

Carbon Pulse - Thu, 2024-06-20 09:01
Only two out of 28 rich countries have allocated what is estimated as their fair share of the resources for biodiversity required under the Global Biodiversity Framework (GBF), while over 80% of them provided less than half of it, according to a report released Thursday.
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Hidden emissions from CCUS push could derail the UK’s net zero strategy -think tank

Carbon Pulse - Thu, 2024-06-20 09:01
A drive to scale carbon capture utilisation and storage (CCUS) projects, including 'blue' hydrogen and gas with abatement, could lead to increased demand for LNG imports, which in turn would cause the UK to exceed its carbon budget, research by a financial climate think tank has found.
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Veteran North American carbon, energy trader joins European utility

Carbon Pulse - Thu, 2024-06-20 08:50
A veteran North American carbon and energy sales trader has joined one of Europe's largest utilities.
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