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Investors increasingly speculating on Article 6 credits, says ratings agency
Non-profit buys $3 mln carbon removals in largest quarterly purchase to date
Draft COP29 negotiating text sets out three options for global climate finance
AI materials company secures funding to boost R&D in carbon removals, SAF, solar cells
Bill Maher puts the fate of the Great Barrier Reef in the spotlight – but do the claims stack up? | Temperature Check
Danish political scientist Bjorn Lomborg told the US cable host its biggest threat was not the climate crisis, but do his claims stack up?
- Great Barrier Reef’s worst bleaching leaves giant coral graveyard: ‘It looks as if it has been carpet bombed’
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Instead of an existential crisis for species worldwide, or threatening to submerge entire Pacific nations and coastal cities where hundreds of millions of people live, or a phenomenon driving unprecedented heatwaves and wildfires, the climate crisis was characterised somewhat differently on major US cable show Real Time with Bill Maher.
Climate change was “a problem”, Danish political scientist Bjorn Lomborg told comedian Maher, but would only shave a few percentage points off global GDP by the end of the century and in any case, he claimed, by then people would be much richer anyway.
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Continue reading...‘What the hell is happening’: calls for answers after 10% of Tasmanian salmon die in Macquarie Harbour fish farms
Greens MP says number of mortalities is ‘enormous’ and ‘most likely the result of overstocking’
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Environmentalists are calling on the Tasmanian salmon industry to explain why more than 1,000 tonnes of salmon died in fish farms in Macquarie Harbour over seven months last spring and summer.
A government document published after a request by the Neighbours of Fish Farming, a group that campaigns against commercial salmon operations, suggest 1,150 tonnes of fish died in farms in the vast harbour on the state’s west coast between September and March.
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Continue reading...Mining a key driver of tree cover loss in tropical primary rainforests, Indigenous land -report
COP16: Less than $1 mln of biodiversity credits purchased, BloombergNEF says
‘We don’t know where the tipping point is’: climate expert on potential collapse of Atlantic circulation
Oceanographer Stefan Rahmstorf explains why Amoc breakdown could be catastrophic for both humans and marine life
The dangers of a collapse of the main Atlantic Ocean circulation, known as Amoc, have been “greatly underestimated” and would have devastating and irreversible impacts, according to an open letter released at the weekend by 44 experts from 15 countries. One of the signatories, Stefan Rahmstorf, an oceanographer and climatologist who heads the Earth system analysis department at the Potsdam Institute for Climate Impact Research in Germany, explains here why he has recently upgraded his risk assessment of an Amoc breakdown as a result of global heating – and what that means for Britain, Europe and the wider world.
Continue reading...Area bigger than US needed for CDR commitments, with size growing, finds paper
Plan to put solar panels on all new English homes could be scrapped
Long-delayed regulations may ‘encourage’ housebuilders to equip homes with solar panels, rather than requiring them
Labour is considering making solar panels optional on new homes in England, after pressure from housebuilders, in a move that would weaken low-carbon regulations, the Guardian has learned.
Ministers are preparing to publish long-delayed regulations for new homes, known as the future homes standard, which would ensure that all newly built homes are low-carbon.
Continue reading...Euro Markets: Midday Update
In written statement to Parliament, EU climate chief sheds light on bloc’s future priorities
EU invests almost €5 bln of ETS revenues into net-zero projects
BRIEFING: Taiwan collects final piece in carbon levy jigsaw
Credit use flat in meeting emissions reductions, Australian regulator finds
Guardians of the Gibbons: can India save its only ape species from extinction?
For over a century the villagers of Barekuri, north-east India’s biodiversity hotspot, have coexisted with the country’s only ape species, the hoolock gibbon. But this harmony stands in fragile ecological balance. Mohit Chutia, a 55-year-old farmer and father, has been taking care of one gibbon family while raising his own. When researcher Ishika Ramakrishna arrives to study human-gibbon interactions, she joins forces with Mohit and the villagers to tackle the gibbons' urgent population decline, endangered by habitat loss, deforestation and industrial catastrophe
Continue reading...Cop29 host Azerbaijan set for major fossil gas expansion, report says
Exclusive: Those with ‘interest in keeping world hooked on fossil fuels’ should not oversee climate talks, say report authors
Azerbaijan, the host of the Cop29 global climate summit, will see a large expansion of fossil gas production in the next decade, a new report has revealed. The authors said that the crucial negotiations should not be overseen by “those with a vested interest in keeping the world hooked on fossil fuels”.
Azerbaijan’s state-owned oil and gas company, Socar, and its partners are set to raise the country’s annual gas production from 37bn cubic metres (bcm) today to 49bcm by 2033. Socar also recently agreed to increase gas exports to the European Union by 17% by 2026.
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