Feed aggregator

Temperatures in areas such as Wilcannia and Ivanhoe in NSW unlikely to drop below 30C overnight, BoM warns

Melbourne could experience its warmest day since January 2023 on Monday, as large swathes of the country brace for a hot few days.

Miriam Bradbury, a senior meteorologist at the Bureau of Meteorology, said if Melbourne hit 40C as forecast, it would be the warmest Melbourne day since January last year and the warmest December day since 2019.

Sign up for Guardian Australia’s breaking news email

Continue reading...

Allowing permit banking in emissions trading systems is crucial to their success, and neglecting this feature could lead to an underestimation of carbon prices and economic impacts, according to a central bank working paper.

Traders close out V24 open interest (OI) in favour of V25 California Carbon Allowance (CCA) and RGGI Allowance (RGA) holdings, while reducing Washington Carbon Allowance (WCA) OI ahead of results from a stunning Q4 permit sale, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).

Sustainable aviation fuel (SAF) in the US requires deliberate policy efforts to unlock broad-based adoption, including both reform of current programmes and introduction of new carbon pricing measures, a think tank wrote in a December report.

Expanding coastal ecosystems to fight climate change – so-called ‘blue carbon’ initiatives – could unintentionally increase global mercury pollution, posing a risk to human health and the environment, scientists warn.

Introducing carbon taxes in sub-Saharan Africa (SSA) could prove both ineffective in curbing emissions and detrimental to the region’s poor, economists warn in a new study

Coalition's nuclear power plan would be a disaster for the climate, for energy bills, and large scale renewables, but the biggest losers would be Australia's four million-and-counting solar households.

The post Biggest losers from Coalition’s nuclear plan will be Australia’s 4 million solar households, industry says appeared first on RenewEconomy.

Global Environmental Markets' (GEM) sale of its fully integrated carbon registry business to Qatar-based offset standards body Global Carbon Council (GCC), which was announced at COP28 in Dubai last year, has been cancelled, the parties told Carbon Pulse.

The Regional Greenhouse Gas Initiative (RGGI) Board of Directors unanimously elected a new slate of officers to serve on the programmes three committees on Friday, including the selection of a new board chair.

Lithuania-based HeavyFinance has announced a partnership with Multitude Bank, a subsidiary of the Nordic-born FinTech Multitude Group, to support sustainable farming practices across Europe.

Canadian cleantech firm CarbiCrete announced on Thursday a carbon financing partnership with Meta Platforms to advance its cement-free concrete production technology, aiming to cut emissions in the construction sector.

The US Department of Energy announced on Friday a $6 million investment in a transport project from onshore facilities to geologic storage off the coast of Texas.

A Maryland climate commission voted Thursday to recommend the state delay adoption of an economy-wide cap-and-invest programme in order to allow for more time to study its economic impacts.

A series of high-profile reports on geothermal energy have been published in recent weeks, as hopes for the viability of next-generation technologies have increased, and policymakers have indicated their increasing interest in supporting the industry.

The Integrity Council for the Voluntary Carbon Market (ICVCM) has underlined that internal differences in opinion are important after members of the stakeholder initiative's expert panel stepped away from the organisation over a recent decision to approve three REDD+ forestry crediting methodologies.

Montenegro has asked for an exemption from the first year of the EU’s Carbon Border Adjustment Mechanism (CBAM), the country’s energy minister said on Friday as reported by local media.

The change is part of the government's new action plan for meeting its 2030 clean power target.

The United Nations Framework Convention on Climate Change (UNFCCC) has published a set of templates to guide project developers wishing to engage with the Paris Agreement Crediting Mechanism (PACM) under Article 6.4 of the Paris Agreement.

With the Polish EU Council presidency focusing on energy security in the first half of the year, the initiative on climate is expected to come from the European Commission, with a series of proposals due in the first quarter, including a much-awaited Clean Industrial Deal at the end of February.

Ireland must cut greenhouse gas emissions by 6.3% annually in the next 15 years under a new carbon budget proposal from the country’s independent advisory body on climate change.