Feed aggregator

Chris Stark says populist response and culture war around the term is inhibiting environmental progress

The concept of “net zero” has become a political slogan used to start a “dangerous” culture war over the climate, and may be better dropped, the outgoing head of the UK’s climate watchdog has warned.

Chris Stark, the chief executive of the Climate Change Committee (CCC), said sensible improvements to the economy and people’s lives were being blocked by a populist response to the net zero label, and he would be “intensely relaxed” about losing the term.

Continue reading...

Wealthy donor countries are too set on “exotic” carbon projects on the African continent like clean cooking and do not pay enough for more “pragmatic” solutions, according to a Sierra Leonian climate envoy speaking Thursday at the 2024 Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington DC.

Optimism is creeping back into the voluntary market, although prices and liquidity were steady last week, and some standardized prices slipped lower from already very weak levels.

Most of the private companies worldwide are unprepared to respect their country's climate goals and the Paris Agreement to keep the global increase in temperature below 1.5C compared to 1990 levels, according to a report released on Monday.

The extension of the UK ETS to include emissions from waste risks imposing significant new costs on cash-strapped local council authorities and pushing more rubbish to landfills, unless the government passes supporting policies within the next two years, experts said on Monday.

Carbon dioxide removal (CDR) registry Isometric launched on Monday, with the first batch of credits issued to members of the Frontier buyers' club.

The UK government will soon begin a public consultation on how best to include maritime emissions in the scope of the UK ETS, a senior official said on Monday, without indicating when the government would respond to recently completed consultations on other potential changes to the country’s stand-alone carbon market.

Africa's voluntary carbon market needs technology transfer from the Global North to keep up with increasingly demanding carbon credit methodologies and to demonstrate integrity, a Ghanaian advisor to the International Monetary Fund (IMF) told Carbon Pulse Thursday on the sidelines of the IMF Spring Meetings in Washington DC.

Record output of renewable energy pushed prices down across the main grid in the first quarter, with the exception of the most coal dependent state grid.

The post Record wind and solar push down prices across grid, except for most coal dependent state appeared first on RenewEconomy.

The International Union for Conservation of Nature (IUCN) World Commission on Protected Areas (WCPA) has released a set of standardised guidelines to develop biodiversity monitoring programmes in Protected Areas (PAs) and Other Effective area-based Conservation Measures (OECMs) worldwide, providing a snapshot of the most advanced tools and technologies.

A Polish cement plant is advancing plans for the large-scale installation of carbon capture utilisation and storage (CCUS) technology at its facilities. 

Demand for liquefied natural gas (LNG) in Europe is likely to reach its peak this year due to structural demand reduction and decarbonisation policies, the EU’s energy regulators have said, adding to downward pressure on carbon prices in the short term.

A European business network and a US-headquartered conservation NGO have kickstarted an initiative to foster the integration of biodiversity in corporate decision-making, with nine corporations joining the programme ahead of its general launch next year.

Carbon prices in Europe began the week on a sharply bearish note in line with wider energy markets, encouraging traders to build additional short positions but also highlighting the degree to which EUAs and UKAs are being driven by fluctuations in natural gas.

Historic hearing will receive submissions from people whose human rights have been affected by climate change

Julian Medina comes from a long line of fishers in the north of Colombia’s Gulf of Morrosquillo who use small-scale and often traditional methods to catch species such as mackerel, tuna and cojinúa.

Medina went into business as a young man but was drawn back to his roots, and ended up leading a fishing organisation. For years he has campaigned against the encroachment of fossil fuel companies, pollution and overfishing, which are destroying the gulf’s delicate ecosystem and people’s livelihoods.

Continue reading...

A European operator of LNG terminals is looking to expand into CO2 and ammonia processing as it seeks to capitalise on new sources of income in the energy transition.

Seventeen banks globally have joined calls for a Fossil Fuel Non-Proliferation Treaty to end the use of fossil fuels and have called on the financial industry to follow their example.

Paraguay's new voluntary carbon market law will help the country monetise its natural parks, a top minister told the 2024 Spring Meetings of the International Monetary Fund (IMF) in Washington DC, after changes to the additionality section in the law’s first draft appeared to expand the lands eligible for carbon projects.

The European Space Agency's latest intake of astronauts complete their basic training.

The European Space Agency's latest intake of astronauts complete their basic training.