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US Democrats follow up Republicans with their own CBAM legislation
Rwanda to take share of adjusted carbon credits from projects, rather than proceeds
EU sees increased pressure from landowners to sort out OECMs
COP28: FEATURE – Complaints over unilateral trade measures threaten progress in crucial climate talks
EU’s proposed Net Zero Industry Act moves closer to becoming law
Cop28 protests – in pictures
A record 84,000 people are in attendance at the UN climate summit in Dubai, including thousands of activists and members of civil society
Continue reading...Australia commits $150m to climate finance for vulnerable Pacific countries
However the Albanese government has not contributed to a newly created global loss and damage fund at Cop28
The Australian government has pledged A$150m climate finance for Pacific countries, but has not contributed to a newly created global loss and damage fund.
Nearly 200 countries reached an historic consensus agreement on the first day of the Cop28 climate summit in Dubai to set up the loss and damage fund to help the world’s poorest and most vulnerable countries pay for the irreversible impacts of climate disaster.
Continue reading...Australian oilers in mega-merger talks
Australian carbon project developers partner to lead govt-funded nature positive co-op
Alarm at plan to stash planet-heating CO2 beneath US national forests
Groups seek more time to comment on US Forest Service proposal to store carbon dioxide amid fears over safety and impact
A proposal that would allow industries to permanently stash climate-polluting carbon dioxide beneath US Forest Service land puts those habitats and the people in or near them at risk, according to opponents of the measure.
Chief among opponents’ concerns is that carbon dioxide could leak from storage wells or pipelines and injure or kill people and animals, as well as harm the trees in the forests and their habitat, said Victoria Bogdan Tejeda, attorney at the Center for Biological Diversity.
Continue reading...We need power to prescribe climate policy, IPCC scientists say
Exclusive: Five IPCC report authors say scientists should be allowed to make policy prescriptions and potentially oversee implementation
Senior climate experts are calling for an overhaul of the structure and powers of the UN’s Intergovernmental Panel on Climate Change in despair at the slow pace of climate action.
Five lead authors of IPCC reports told the Guardian that scientists should be given the right to make policy prescriptions and, potentially, to oversee their implementation by the 195 states signed up to the UN framework convention on climate change (UNFCCC).
Continue reading...Euro Markets: Midday Update
Incentives to invest in nature must increase, KPMG says
Let’s get cracking: Researchers use eggshells to decarbonise biogas, boosting energy value
Helping the Pacific financially is a great start – but Australia must act on the root cause of the climate crisis
COP28: Australia commits A$150 mln to climate funds
New study resolves discrepancies in tropical forest carbon flux measurements
Reece Whitby named minister “to spearhead” W.A.’s clean energy transition
Former journalist Reece Whitby named new energy minister in Western Australia, adding to his climate change and environment portfolios.
The post Reece Whitby named minister “to spearhead” W.A.’s clean energy transition appeared first on RenewEconomy.
Indonesia takes another step towards CCS carbon credits
Visualised: how all of G20 is missing climate goals — but some nations are closer than others
As world leaders gather at Cop28, these charts show how far away the major economies are from their targets
Not a single G20 country has policies in place that are consistent with the Paris agreement’s goal of limiting global heating to 1.5C and meeting their “fair share” of emissions reduction.
The assessment, based on data up to 5 December provided by the Climate Action Tracker, comes as leaders gather in Dubai for the Cop28 conference.
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