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Promise to ‘transition away from fossil fuels’ made at Cop28 climate talks has been left out of draft resolutions

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Campaigners have claimed some of the world’s largest economies are turning their backs on a pledge made last year to transition away from fossil fuels.

Ministers from the G20 group of developed and developing countries, including the US, UK, China and India, will meet in Rio de Janeiro on Wednesday to discuss the global approach to the climate crisis.

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The UK's offshore oil and gas industry cut its emissions by 4% in 2023 and by just over a quarter in the past five years, although the emissions intensity of every barrel is increasing as production declines, the country's regulator said on Tuesday.

A group of Australian NGOs has urged the Australian government to secure its bid in hosting the UN COP31 talks in 2026 in partnership with the Pacific, describing it as a “nation-building” activity that could provide a slew of national and regional benefits.

Verra has lifted its suspension of the Southern Cardamom REDD+ project (SCRP) after a 14-month investigation found the huge avoided deforestation scheme in Cambodia conformed to its standards, dismissing allegations of human rights violations.

An Abu Dhabi-based asset management firm announced Tuesday that it has signed a deal with a Malawi-based reforestation company to plant 6 million indigenous trees and prevent the deforestation of over 4 mln trees in the country.

A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.

The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 - the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.

Agricultural emissions in the EU could fall by nearly two-thirds by 2050, but policies - possibly including a dedicated emissions trading scheme - are needed to drive the necessary shift, according to research published on Tuesday. 

Under the Tories, non-violent climate protesters were jailed for up to five years – and there is little sign that Labour will change tack

• Linda Lakhdhir is the legal director of Climate Rights International

In December 2023 when Stephen Gingell was sentenced to six months in prison for slow marching for half an hour on the Holloway Road in north London, the sentence was considered shocking. Unfortunately, it is far from the exception. In fact, my organisation, Climate Rights International, has spent the past eight months looking into restrictions on climate protests among western democracies and has found that the UK – mostly under the Conservatives – has introduced some of the harshest anti-protest legislation in recent years.

You may remember Morgan Trowland and Marcus Decker, who were sentenced to multi-year prison sentences in April 2023 for climbing the cables of the Queen Elizabeth II bridge to object to new oil, gas and coal projects. The three-year sentence imposed on Trowland was, at the time, the longest ever for a climate protest in the UK. But, it has since been surpassed. In July, in a case that made international headlines, five fossil-fuel protesters were sentenced to four- and five-year sentences after participating in a Zoom call about staging climate protests on the M25.

Linda Lakhdhir is the legal director of Climate Rights International

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The mission is the first of three funded by payments processing business founder Jared Isaacman.

A major fossil fuel company has partnered with a professional services firm to repurpose a hydrocracking refinery in Germany into a base oil production unit and enable the production of renewable hydrogen, they announced on Tuesday.

Fourth global methane budget shows emissions of this potent greenhouse gas are still rising rapidly. This is bad news, but not an impossible problem.

The post Methane emissions are at new highs. It could put us on a dangerous climate path appeared first on RenewEconomy.

The world’s first cross-border carbon capture and storage scheme (CCS) is now open for business in the Danish waters of the North Sea, laying the groundwork to store up to 8 million tonnes of CO2 a year in the basin from 2030.

European carbon allowances weakened on Tuesday morning as natural gas prices slipped on diminishing concerns that US Gulf production might be impacted by an approaching tropical storm, while the looming September EUA options contract expiry was said to be starting to exert a pull on prices.

Methane emissions have risen 20% in the past two decades, a global report released this week has found, and threatens the goals of the Global Methane Pledge, which aims to reduce methane emissions by 30% by 2030 over 2020 levels.

Healthy renewable and gas power supply in the EU is expected to mute demand for carbon allowances for the rest of the year, as the carbon market waits for updates from the new European Commission to help gauge its level of ambition, according to analysts at Engie. 

European flat oyster is defined as ‘collapsed’ in UK but there are hopes it could return to coastal waters

A box marked “special delivery” arrived about midday at Spurn Discovery Centre, on a remote East Yorkshire peninsula in the Humber estuary.

It is unlikely the postal worker had any idea it contained 300,000 living oyster larvae – tiny pinprick-sized organisms destined to become part of a new oyster reef just off the English coast.

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A Switzerland-based digital carbon standard has decided to delay the takeoff of its biodiversity credit framework due to market uncertainties, expecting to launch the programme within the next 12-18 months.

A cookstoves carbon project developer has urged the EU to "resume its leadership position" on international carbon markets at COP29, citing the disappointment of last year's UN climate summit in Dubai, at a conference in Berlin on Tuesday.

British renewables developer Harmony Energy secures consent to build two new solar farms on New Zealand’s North Island.

The post New Zealand solar spree continues, with two new large-scale projects approved appeared first on RenewEconomy.