Feed aggregator

Lawmakers in the European Parliament's environment committee held their first meeting dedicated to climate policy files on Thursday, possibly setting the tone for discussions lying ahead in the coming five-year mandate.

The investment climate for carbon removal (CDR) remains relatively cool, with difficult hoops for developers to jump through - making hard for them to attract funding, speakers said at an industry summit on Thursday.

Price risk for EUAs is "skewed to the upside" after recent gas-driven weakness, as upside price risk is increasing for natural gas ahead of the coming winter, according to an analyst at a major international bank who raised their 2024 price forecasts by just under 10% from a previous prediction in March.

Scientists launched an investigation after being baffled by seismic signals picked up across the world

Landslide in Greenland caused unprecedented seismic event that shows impact of global heating, say scientists

A landslide and mega-tsunami in Greenland in September 2023, triggered by the climate crisis, caused the entire Earth to vibrate for nine days, a scientific investigation has found.

The seismic event was detected by earthquake sensors around the world but was so completely unprecedented that the researchers initially had no idea what had caused it. Having now solved the mystery, the scientists said it showed how global heating was already having planetary-scale impacts and that major landslides were possible in places previously believed to be stable as temperatures rapidly rose.

Continue reading...

The government’s flood resilience taskforce has met for the first time to plan and discuss pre-emptive measures

The UK faces another autumn and winter of destructive floods, the Met Office has warned.

On Thursday, the government flood resilience taskforce met for the first time to discuss how to proceed when – as seems highly likely – homes, farms and businesses are flooded in the coming months.

Continue reading...

Germany has joined a growing tide of opponents to the European Union's anti-deforestation law, as the country's Chancellor Olaf Scholz calls on the European Commission to suspend the regulation.

Airlines are struggling due to a lack of clarity with CORSIA, the UN's international aviation offsetting scheme, according to an executive at a German aviation group.

A Swiss direct air company will require $9 billion to reach its gigatonne-scale ambitions by 2030, a senior figure at the company said on Thursday.

Study suggests hydrogel microparticles increase survival by 30% in bumblebees exposed to lethal doses of neonicotinoids

Scientists have developed a “vaccine” for bees against pesticides – and it appears to work, according to an initial study.

According to the findings, published in Nature Sustainability, hydrogel microparticles fed to bumblebees in sugar water caused a 30% higher survival rate in individuals exposed to lethal doses of neonicotinoids, and significantly milder symptoms in those exposed to lower doses that would not usually be lethal but can cause harm.

Continue reading...

A Canadian carbon removals (CDR) company announced Thursday it has received C$2.5 million ($1.8 mln) from two major banks.

Colombia’s finance ministry presented a draft financing bill this week that would almost triple the national carbon tax amid accusations that it remains too low to spur decarbonisation.

The G20 Initiative on Bioeconomy (GIB), led by the Brazilian government, launched 10 principles on Thursday covering topics such as inclusivity, location specificity, and traditional knowledge use.

Prospective employees in carbon dioxide removal (CDR) can expect competitive salaries in the small number of countries where it exists, according to a first-of-its kind survey of the sector, but the industry will need to grow rapidly in the coming years if it is to contribute to the world achieving its climate goals.

Rollout of pylons across countryside is cheaper and quicker way to integrate renewable electricity, says energy tsar

The government has ruled out burying electricity cables underground as part of its energy strategy, which will involve the unrolling of millions of pylons across the British countryside, Ed Miliband’s clean energy tsar has said.

Chris Stark, the former leader of the Climate Change Committee, now heads the government’s “mission control” department for decarbonising the grid by boosting renewable energy and building connections across the country.

Continue reading...

"From here Earth sure looks like a perfect world," said the first private citizen to perform a spacewalk

Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.

The Global Biodiversity Information Facility (GBIF) will launch a call for grant proposals in 2025 in several regions after receiving €4 million from the EU, in an outreach that will complement its work on ‘data cubes’, an executive has said.

A fintech startup focused on creating financial instruments tied to voluntary carbon credits has announced a partnership with a global blockchain-based platform for buying, selling, and retiring units.

Innovations in battery manufacturing, such as use of a ‘dry process’ to make electrodes, will be key to reducing cost and lowering the environmental footprint of producing lithium-ion batteries to be in line with the EU’s new Batteries Regulation, say experts.