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AU Market: Forward ACCU prices yet to factor in fundamental Safeguard demand drivers, analysis says

Carbon Pulse - Thu, 2024-09-05 18:43
The mismatch between forward prices displayed in Australia's carbon market and projected price increases is a result of fundamental demand drivers failing to be factored into the market, according to analysis published Thursday.
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South Korea and Japan to launch global working group on carbon-free energy

Carbon Pulse - Thu, 2024-09-05 18:38
South Korea and Japan have decided to extend their collaboration and launch a global working group on the development of carbon-free energy.
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Malaysia targets net zero emissions from aviation by 2050

Carbon Pulse - Thu, 2024-09-05 18:37
The Malaysian government has released a decarbonisation blueprint for its aviation sector, targeting net zero emissions by 2050, it announced Thursday.
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Urgent review of Woodside billion-dollar WA gas project needed to protect threatened snake, government advisers say

The Guardian - Thu, 2024-09-05 17:50

Dusky sea snake was placed on threatened species list this week and is known only to exist on a small number of reefs off the Kimberley coastline

Conservation scientists advising the federal government have called for fossil fuel activity in the location of Woodside’s proposed multibillion gas project to be urgently reviewed to protect the stronghold of an endangered sea snake.

The dusky sea snake, Aipysurus fuscus, was placed on the country’s threatened species list this week and is known only to exist on a small number of reefs off the Western Australia Kimberley coastline.

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IBAC introduces carbon offset marketplace for aviation companies

Carbon Pulse - Thu, 2024-09-05 15:33
The International Business Aviation Council (IBAC) has introduced a new platform for aviation companies to purchase offsets through a renewed partnership with a voluntary carbon exchange.
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Australia may delay release of 2035 climate target as world awaits outcome of US election

The Guardian - Thu, 2024-09-05 14:48

Experts urge Australia not to delay target too long as report by Climate Change Authority identifies six barriers to net zero

The Australian government may delay the announcement of a 2035 climate target until after the February deadline and beyond the next election, in part due to uncertainty about the ramifications of the US presidential election.

Some big emitting countries are lagging in developing their 2035 emissions reduction targets, which under the Paris climate agreement are due before the UN climate summit in Belém, Brazil, in November next year.

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Conservative governments protect more land while socialists and nationalists threaten more species

The Conversation - Thu, 2024-09-05 13:38
Conservative, socialist or nationalist, what’s best for biodiversity? The results may surprise you. We studied 165 nations, examining threatened species numbers and the extent of protected areas. Matt Hayward, Professor of Conservation Science, University of Newcastle Andrea S. Griffin, Associate Professor in Wildlife Conservation Science, School of Environmental and Life Sciences, University of Newcastle Jacob Jones, Ph.D. Candidate in Conservation Politics, University of Newcastle Licensed as Creative Commons – attribution, no derivatives.
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Ulez has cut children's school car rides - study

BBC - Thu, 2024-09-05 12:16
Research shows children living in the zone are now nearly four times more likely to be walking or cycling.
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Climate Change Authority’s sectoral pathway report calls for greater coordination to achieve Australia’s transition

Carbon Pulse - Thu, 2024-09-05 11:57
Australia’s Climate Change Authority (CCA) has published a sectoral pathway report on how the country can reach net zero emissions by 2050, recommending its Safeguard Mechanism and carbon crediting schemes be expanded to help better coordinate the transition.
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Can Australia reach net zero by 2050? A new reports shows it must be ‘the new normal’ | Frank Jotzo for the Conversation

The Guardian - Thu, 2024-09-05 10:51

The Climate Change Authority’s sector pathways review says a huge national effort is needed and the net zero goal should become front of mind for business, investors and governments

A zero-carbon mindset must “become the new normal” in Australia, according to a much-anticipated report from the federal government’s independent climate advisory body.

The report, released today by the Climate Change Authority, describes how Australia can meet the crucial target of net zero emissions by 2050.

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Researchers model up to 30% emissions abatement in US beef production

Carbon Pulse - Thu, 2024-09-05 09:57
A team of researchers presented different intervention strategies to potentially reduce up to 30% of GHG emissions from US beef production.
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Egypt approves local carbon registry, 12 projects for trading

Carbon Pulse - Thu, 2024-09-05 09:03
Egypt’s Financial Regulatory Authority (FRA) has approved a domestic standard’s carbon registry and allowed 12 projects from the registry for trading on the national voluntary carbon market (VCM) platform.
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European partnership to scale DAC capabilities

Carbon Pulse - Thu, 2024-09-05 07:49
A CO2 removal company unveiled a partnership Wednesday to manufacture its direct air capture (DAC) units in the US and Europe.
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The child-killing wolves sparking panic in India

BBC - Thu, 2024-09-05 07:46
Since April, wolf attacks have terrorised villages near the Nepalese border, killing nine children.
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Water bosses could be jailed if they cover up sewage dumping under new law

The Guardian - Thu, 2024-09-05 07:30

CEOs in England and Wales could face two years in prison under proposals to force firms to supply data quickly

Water bosses in England and Wales could be jailed for up to two years if they cover up sewage dumping, under legislation proposed by the Labour government.

At the moment, CEOs of water companies face fines for failing to comply with investigations by the Environment Agency (EA) and the Drinking Water Inspectorate (DWI), but there have been just three such fines since privatisation three decades ago.

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