Feed aggregator

Broken Hill battery finally charges up to support power supplies in the storm damaged region, but why was the technology to support a micro-grid deliberately disabled in the first place?

The post Broken Hill battery charges up to create local micro-grid, but why was it disabled in the first place? appeared first on RenewEconomy.

The Taskforce on Nature-related Financial Disclosures (TNFD) is set to release a beta version of a nature data public facility in 2025 to enable pilot testing with companies, in a bid to catalyse data funding, it announced on Saturday.

Negotiators at the UN biodiversity summit in Cali scored some minor victories during the first half of the talks, but all the major issues remain deadlocked and will likely need ministers to put real money on the table next week to be resolved, according to experts.

A Swedish consortium on Saturday announced a global biodiversity credit standard focused on production landscapes, with plans to establish an independent, non-profit standard-setting organisation within six months.

UN negotiations in Colombia have led to "excellent progress" towards creating a new process for identifying key marine biodiversity areas, in a move that observers consider essential for achieving some of the most critical global ocean targets.

Legions of young people are getting organised, skilling up, raising their voices and placing their bodies in the path of those who profit from our addiction

Not long before the Nazis murdered him, the Lutheran pastor and resister Dietrich Bonhoeffer wrote that “the ultimate test of a moral society is the kind of world it leaves to its children”.

That moral challenge is timeless. But with the climate emergency upon us, it has an unsettling new edge, and with that in mind, I’ve been preoccupied lately by the under-appreciated power of solidarity.

Continue reading...

Africa’s largest conservation organisation and a Germany-based nature tech company are set to issue 14,000 nature units, for a total value of approximately $35 million, generated through conservation projects across four African countries, Carbon Pulse has learned.

A France-based organisation has published a market framework to align biodiversity credit projects with national strategies, enabling companies to claim their contribution to governments' targets on nature, the co-founders told Carbon Pulse.

Contentious government support for bioenergy could qualify as a subsidy harmful to biodiversity under the Kunming-Montreal Global Biodiversity Framework (GBF), but the topic could be sidelined entirely at COP16 by the focus on other agenda items, an NGO policy expert has told Carbon Pulse.

The UK should commit to cutting its greenhouse gas emissions by 81% from 1990 levels by 2035, the country’s Climate Change Committee (CCC) has recommended, as part of the country’s updated contribution to the Paris Agreement ahead of the COP29 climate summit in Azerbaijan next month.

Ghana is on track to transact its first batch of Article 6 carbon credits before the end of Q1 2025, according to government officials.

A joint letter signed by over 140 civil society organisations (CSOs) and experts has laid out priority areas for promoting the health of water and wetlands, highlighting COP16 themes of finance and the nature-climate nexus.

Carbon standards body Verra this week released an updated version of methodology for Improved Forest Management (IFM) projects that seek to earn carbon credits through preventing logging.

The government's advisers say faster action is needed but the UK has the tools to achieve this.

Climate Change Committee advised Ed Miliband to cut level by 81% but activists want bigger promises

Climate campaigners have urged ministers to make steeper cuts in the UK’s greenhouse gas emissions after the government’s statutory adviser on the climate gave its verdict on new targets.

The Climate Change Committee, which advises the government, has written to Ed Miliband, the energy secretary, to advise cuts of 81% in the UK’s emissions, compared with 1990 levels, by 2035, if emissions from aviation and shipping are excluded.

Continue reading...

Ten days after Broken Hill was isolated when storms below down transmission lines - and a day after Renew Economy asked what's going on - the local big battery will finally start doing what it is supposed to do.

The post Agreement finally reached to switch on Broken Hill battery, nearly 10 days after storm blows down power lines appeared first on RenewEconomy.

Traders continue to roll into V25 California Carbon Allowance (CCA) holdings, reducing V24 exposure over the last week, while producers increased RGGI Allowance (RGA) futures and options net length ahead of November compliance deadlines, according data released Friday from the US Commodity Futures Trading Commission (CFTC).

Researchers at the University of California found that US manufacturing of major materials – including cement, steel, and asphalt – produced $79 billion in externalised climate costs, with the authors recommending carbon pricing measures to better address emissions in a paper published Friday.

A new study published Friday identifies the specific US industrial processes that carbon capture and storage (CCS) deployment is best suited for, and those that are better left for other decarbonisation tools.

A consortium of two Mexican and European companies have received a €157 million ($170 mln) grant from the EU Innovation Fund to finance a carbon capture utilisation and storage (CCUS) project at a German cement plant, the companies announced Tuesday.