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Labour must ramp up renewable energy to meet 2030 climate vows, says watchdog

The Guardian - Thu, 2024-07-18 15:00

CCC says delays and reverses under Rishi Sunak have left UK drastically off track from Paris commitments

The new Labour government must oversee a massive ramping up of renewable energy generation in this parliament or the UK will breach its international obligations under the Paris agreement, the government’s climate watchdog has said.

The Conservative government left the country drastically off track to meet its international commitments, despite setting the carbon-cutting target before hosting the Cop26 climate summit in Glasgow in 2021, the Committee on Climate Change found in its most recent annual report.

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Govt role key in scaling voluntary carbon markets, says OECD

Carbon Pulse - Thu, 2024-07-18 15:00
Targeted government support will be needed to scale the supply of high-integrity carbon credits and to ensure strong demand and price premiums for these issuances, the OECD said in a report published Thursday.
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Near-extinct crocodiles make comeback in Cambodia

BBC - Thu, 2024-07-18 14:26
The hatching of 60 eggs is a record for the endangered species in this century.
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Swedish developer signs biodiversity credit deal with forestry trading platform

Carbon Pulse - Thu, 2024-07-18 13:57
A Swedish biodiversity developer has partnered with the country’s main digital forest and timber marketplace to sell its biodiversity credits on the platform.
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INTERVIEW: Ecosystem service credits can unlock corporate purchases in biodiversity markets

Carbon Pulse - Thu, 2024-07-18 13:21
Credits tied to single ecosystem services have the potential to drive corporate action in the emerging biodiversity market, as they could help companies effectively address their dependencies on nature, a consultant has told Carbon Pulse.
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Lower financial burdens but unequal impact for households from carbon pricing, finds IMF-backed research

Carbon Pulse - Thu, 2024-07-18 11:03
Widespread exemptions in carbon pricing have resulted in lower-than-expected financial burdens on households, though higher-income earners tend to benefit more due to their consumption patterns, according to new research published by the IMF.
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Make electricity cheaper to boost heat pumps - climate advisers

BBC - Thu, 2024-07-18 10:33
Cutting electricity bills would persuade more people to install heat pumps, the government is told.
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Make electricity cheaper to boost heat pumps - climate advisers

BBC - Thu, 2024-07-18 10:33
Cutting electricity bills would persuade more people to install heat pumps, the government is told.
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Dinosaur skeleton fetches record $44.6m at auction

BBC - Thu, 2024-07-18 10:26
The near complete skeleton of a stegosaurus - named Apex - is 11ft (3.4m) tall and 27ft long, Sotheby's says.
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Amid fears of 18 more months of uncertainty, voluntary carbon platform urges SBTi for swift guidance on Scope 3 offsetting

Carbon Pulse - Thu, 2024-07-18 10:03
A voluntary carbon market platform has called on the Science Based Targets Initiative (SBTi) to urgently provide clear guidance on the use of carbon credits for mitigating Scope 3 emissions, amid expectations that direction from the standard-setting organisation may not come until late 2025.
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Renewables caught in misinformation crossfire from Australia’s nuclear cheerleaders | Graham Readfearn

The Guardian - Thu, 2024-07-18 10:00

Those pushing the nuclear option are making some questionable claims about the capacity of renewable energy

Advocacy for the Coalition’s hopes to build nuclear power plants is increasingly coming with large side-orders of misinformation, not just on the speed or costs of nuclear but on renewables.

Dr Adi Paterson, the chair of the Nuclear for Australia advocacy group, has taken to attacking the credentials of CSIRO experts while going hyperbolic with his rhetoric.

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Research group estimates wildfires burning 6k acres of California forest carbon offset project

Carbon Pulse - Thu, 2024-07-18 09:34
More than one-third of a voluntary improved forest management (IFM) project or 6,000 acres (2,400 hectares) in California is burning as a result of wildfires, a nonprofit research group said Wednesday, calling for compensation from registry ACR’s buffer pool.
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Clean fuels trade group notifies US EPA of intent to sue over RFS rulemaking delay

Carbon Pulse - Thu, 2024-07-18 09:25
A clean fuels trade group said Wednesday that it has sent the US Environmental Protection Agency (EPA) a notice of the organisation's intent to sue over the agency's failure to issue timely 2026 volumes under the Renewable Fuels Standard (RFS).
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