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Climate warning as world’s rivers dry up at fastest rate for 30 years

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

World Meteorological Organization says water is ‘canary in the coalmine of climate change’ and calls for urgent action

Rivers dried up at the highest rate in three decades in 2023, putting global water supply at risk, data has shown.

Over the past five years, there have been lower-than-average river levels across the globe and reservoirs have also been low, according to the World Meteorological Organization’s (WMO) State of Global Water Resources report.

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Australian energy firm partners with Japanese government agency to manage methane emissions

Carbon Pulse - Mon, 2024-10-07 17:29
An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.
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AU Market: ACCU price retreats after bumper September

Carbon Pulse - Mon, 2024-10-07 16:16
The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.
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Australia has done nothing to reverse nature-harming govt subsidies, report finds

Carbon Pulse - Mon, 2024-10-07 14:56
Australia spends around 50 times more on subsidising activities that harm the environment than it spends on helping it, according to a first-of-its kind report examining government payments published Monday.
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New one-stop solution created for airlines to buy CORSIA, voluntary carbon credits

Carbon Pulse - Mon, 2024-10-07 08:01
Two companies have teamed up to offer airlines a one-stop solution for climate action via a portfolio of voluntary credits that includes those eligible for the UN's international aviation offsetting scheme.
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Australia is hosting the world’s first ‘nature positive’ summit. What is it, and why does it matter?

The Conversation - Mon, 2024-10-07 04:58
As Australia prepares to host the first Global Nature Positive Summit this week, let’s take a closer look at what ‘nature positive’ really means. Andrew Lowe, Director, Environment Institute, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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Canada’s carbon tax is popular, innovative and helps save the planet – but now it faces the axe

The Guardian - Sun, 2024-10-06 03:00

As prime minister Justin Trudeau trails in polls, opposition seek to persuade voters environmental policy is a burden

Mass hunger and malnutrition. A looming nuclear winter. An existential threat to the Canadian way of life. For months, the country’s Conservative leader Pierre Poilievre has issued dire and increasingly apocalyptic warnings about the future. The culprit? A federal carbon levy meant to curb greenhouse gas emissions.

In the House of Commons this month, the Tory leader said there was only one way to avoid the devastating crisis: embattled prime minister Justin Trudeau must “call a ‘carbon tax’ election”.

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Labour could cut financial support for farms damaged by floods

The Guardian - Sat, 2024-10-05 16:00

Exclusive: Farmers still awaiting promised payments for uninsurable damage caused by Storm Henk

Labour may cut financial support for flooded farmers, the Guardian has learned, while money to compensate them for deluges in January has still not hit their pockets.

The previous Conservative government earlier this year promised up to £25,000 in payments for uninsurable damage from flooding caused by Storm Henk. However, the eligibility criteria for these grants has still not been set out, leaving farmers out of pocket. The scheme has been plagued with delays, with some affected farmers not being paid because they live too far from a river.

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Oregon lays out proposed CFP rules in alignment with California’s LCFS

Carbon Pulse - Sat, 2024-10-05 12:36
Oregon released draft rules to update their Clean Fuels Program (OCFP) after market close Friday, following in the footsteps of California’s near midnight Eastern publication earlier in the week of their Low Carbon Fuel Standard (LCFS) rulemaking changes.
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CFTC: Positive sentiment shift across North American carbon markets

Carbon Pulse - Sat, 2024-10-05 10:57
Traders increased net length across their holdings of California Carbon Allowances (CCAs), RGGI Allowances (RGAs), and Washington Carbon Allowances (WCAs), according to this week's data released Friday from the US Commodity Futures Trading Commission (CFTC).
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US airline sustainability head calls for policy alignment to boost SAF

Carbon Pulse - Sat, 2024-10-05 10:31
The sustainable aviation fuels (SAF) industry is unlikely to scale without cohesive policy measures across jurisdictions, the sustainability lead at a major US airline said Thursday.
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Washington offers largest current year volumes for 2024 at Q4 sale amidst binary risk 

Carbon Pulse - Sat, 2024-10-05 06:45
Washington state’s Department of Ecology (ECY) will offer the most number of current year permits of all the auctions held in 2024 at its final sale in December, along with future vintage allowances despite the looming risk of programme repeal in November, according to a notice published by the agency on Friday. 
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Dubai summit highlights plans for UAE carbon registry

Carbon Pulse - Sat, 2024-10-05 06:39
An Emirati resolution to establish a national registry of carbon credits aligned with Article 6 of the Paris Agreement earned special mention at the World Green Economy Summit held in Dubai this week.
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