Feed aggregator

Twelve months ago, Respira's Ed Hewitt posed six questions for the carbon market to resolve so it could deliver more for nature. How did these matters progress in 2023? And what’s the outlook for 2024 and beyond? Hewitt revisits the questions he asked and gives a status update for each.

The Russian economy ministry is mulling the introduction of a carbon pricing system from 2028, according to multiple local media sources.

Inquiry into invasive pest hears of risks species poses to health, agriculture and environment if it becomes endemic

• Follow our Australia news live blog for latest updates
• Get our morning and afternoon news emails, free app or daily news podcast

Fire ants could sting 8.6 million Australians a year if they were to become endemic – but a pathogenic fungus and pesticide-loaded drones might help avert that scenario, according to submissions posed to the federal government’s fire ants inquiry.

Submissions to the Senate inquiry into red imported fire ants (Rifa) in Australia closed on Monday, just days after the latest in a string of fire ant detections beyond south-east Queensland, where an infestation of the invasive pest is ongoing.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Indicators selected for the Kunming-Montreal Global Biodiversity Framework (GBF) should be regularly reviewed to ensure that redundancies and contradictions are identified and the progress toward global conservation goals is not misrepresented, a study has recommended.

European carbon allowances traded in a relatively narrow range on Tuesday morning as the market appeared to be seeking renewed direction and some short-positioned speculative traders were thought to be quietly covering some of their positions, while energy markets were mixed amid unchanged fundamentals.

An international investment firm will focus on nature-based solutions and voluntary carbon credits, it said in a nature strategy published this week.

National award opens to young science writers from state schools around the UK.

NGOs have urged the EU to stay true to the agreement reached at COP28 last month and set clear fossil fuel phaseout dates as part of its forthcoming communication on 2040 emissions target, in a letter sent to the European Commission on Tuesday.

The corporates that retired the largest volume of voluntary carbon credits last year generally preferred recent vintages, most paying an average of between $4-6 for the units, analysts said in a report published this week.

Amazon has signed a corporate power purchase agreement with a European utility to raise its share of electricity coming from a Scottish offshore wind power farm, it announced on Tuesday.

European Energy cancels plans for offshore wind farm due to the area being redesignated as a natural bird sanctuary.

The post Danish offshore wind project cancelled after area redignated as bird sanctuary appeared first on RenewEconomy.

A Japanese project developer has teamed up with a domestic partner in Vietnam to further expand its carbon credit generating business in Southeast Asia, with a rice-focused project in the pipeline.

A software platform to aid project developers manage the lifecycle of carbon credits has raised $10 million across two funding rounds, which it will use to grow its team and capabilities.

Committee urges UK to set ‘powerful example’ of tackling climate change after ‘mixed messages’ of Cop28

The UK must act urgently to meet its international climate commitments, the independent climate watchdog has warned, after sending “mixed messages” to other countries at the Cop28 UN climate summit in December.

While carbon reduction from electricity generation has shown progress, the rate at which all other sources of emissions are being cut must quadruple to meet the UK’s target under the Paris agreement of 68% reductions in emissions by 2030, according to the Climate Change Committee.

Continue reading...

The European Union needs to invest €40 trillion by 2050 in order to reach net zero emissions while remaining globally competitive in line with the bloc's strategic autonomy agenda, according to a new report.

A startup targeting large-scale nature regeneration through carbon projects has raised $14 million in Series A funding in a round co-led by a venture capital firm and a renewable energy company.

Open letter calls for Soil Association certification to be removed from industry, amid concerns of negative environmental impact

The British body that certifies food in the UK as organic has been accused of misleading consumers over its labelling of Scottish farmed salmon.

Thirty charities, conservation and community organisations, including WildFish, the Pesticide Action Network and Blue Marine Foundation, say the negative environmental impacts of the industry in Scotland “run completely counter” to the principles of the Soil Association’s promotion of healthy, humane and sustainable food.

Continue reading...

The Australian Labor government has failed to live up to its pledge to combat climate change more effectively than its predecessor, as it continues to overly rely on emissions cuts from the land sector to enable the expansion of exporting fossil fuel projects, according to analysis published Tuesday.

Regional mayor Dan Norris launches project to explore potential for former mines to produce low-carbon heat

When Bryn Hawkins worked in coalmines through the 1960s and early 1970s he says few understood the impact the burning of fossil fuels would have on the planet.

Now, public officials are hoping disused mines that provided millions of tonnes of fossil fuels could be used as a potential source of renewable energy across the country.

Continue reading...

Parts of south-east Queensland have been hit by flash flooding and torrential rain with homes and businesses underwater. More than a dozen people have been rescued from areas north and west of Brisbane. The Bureau of Meteorology said forecast rainfall in those areas could lead to flash or riverine flooding in the next 48 hours. Ex-Tropical Cyclone Kirrily is also ensuring more wet weather in Queensland's north-west, days after crossing the coast

• Heavy rain prompts further flood rescues in Queensland, with SEQ warned of more severe storms

Continue reading...