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New surety bonds product aims to protect and boost investments in low-carbon projects

Carbon Pulse - Wed, 2024-10-30 17:00
A French issuer of trade credits has introduced a product that issues surety bonds and guarantees for low-carbon technologies and renewable energy projects, and holds the premiums as investments in certified green bonds, it announced on Wednesday.
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China declares success as its youngest astronauts reach space

BBC - Wed, 2024-10-30 16:16
The BBC’s Laura Bicker sees the Shenzhou 19 spacecraft take off in a record year of space exploration.
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Budget cuts mean farmers in England ‘must do more with less’

The Guardian - Wed, 2024-10-30 15:00

UK ‘among most nature-depleted countries in the world’ warns environment secretary

Farmers and conservationists will have to “learn to do more with less” ahead of expected deep budget cuts to the Department for Environment Food and Rural Affairs (Defra), the environment secretary has said.

Steve Reed said that Labour would continue to prioritise the restoration of the nature in England, but acknowledged that the chancellor’s budget would be “difficult”.

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Australian oversight body selects four methods to progress, others delayed again

Carbon Pulse - Wed, 2024-10-30 12:08
The Emissions Reduction Assurance Committee (ERAC) has selected four proposed carbon credit methods to progress to the next stage of development, however other closely-watched ones have been pushed back to the first half of next year, the minister told a conference Wednesday.
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Drought areas have trebled in size since 1980s, study finds

BBC - Wed, 2024-10-30 10:15
Forty-eight percent of the world went through at least one month of extreme drought in 2023.
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Record levels of heat-related deaths in 2023 due to climate crisis, report finds

The Guardian - Wed, 2024-10-30 10:01

Almost half of global land area saw extreme drought for at least one month, according to Lancet Countdown

Heat-related deaths, food insecurity and the spread of infectious diseases caused by the climate crisis have reached record levels, according to a landmark report.

The Lancet Countdown’s ninth report on health and the climate breakdown reveals that people across the world face unprecedented threats to their health from the rapidly changing climate.

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Demographics shape global support for tech-based climate interventions -study

Carbon Pulse - Wed, 2024-10-30 09:53
Public support for climate interventions varies significantly by demographics, with younger people and those in poverty more supportive of engineered approaches to mitigation compared to older or wealthier groups, a new study reveals.
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BYD’s hybrid EV ute that could rival Australia’s bestselling vehicles goes on sale

The Guardian - Wed, 2024-10-30 09:51

Orders roll in as Chinese carmaker launches Shark 6 in move that could signal electrification spreading from sedans and SUVs to large ute market

A new plug-in hybrid EV ute that could rival Australia’s top selling vehicles, the Ford Ranger and Toyota Hilux, has received almost 1,000 pre-orders within hours of going on sale.

The BYD Shark 6, which has a range of about 80km on battery electric before switching to petrol, could be the start of China muscling in on the market dominated by diesel vehicles.

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Carbon ratings agency teams up with Australian offset trading platform provider Trovio

Carbon Pulse - Wed, 2024-10-30 09:07
A carbon ratings agency is partnering with Australian technology provider Trovio to make offset project grades accessible for risk and inventory management purposes.
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Europe continues to invest in gas grids, despite net-zero targets -study

Carbon Pulse - Wed, 2024-10-30 09:01
There is a “significant disconnect” between gas infrastructure planning in Austria, Belgium, Germany, Italy and the UK, and what’s required to achieve their net-zero climate goals, according to research published on Wednesday.
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New York fiscal watchdog says NYCI design falls short, potential economic impacts $12 bln/yr by 2030

Carbon Pulse - Wed, 2024-10-30 08:35
A state civil non-profit found New York’s proposed cap-and-invest programme, or ‘NYCI’, lacked sufficient analysis of potential fiscal and economic impacts of up to $12 billion per year by 2030, recommending a more robust, publicly available assessment and recalibration of the emissions reduction goal.
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