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Canada’s CO2 removal procurement programme should prioritise permanent removals -report
Canada’s new federal effort to purchase CO2 removal (CDR) services to help green governmental operations must be designed in a way to prioritise support for permanent carbon removal and storage services, an October report said.
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COP16: BCA to launch digital framework for improving biodiversity credit markets transparency
UN-backed Biodiversity Credits Alliance (BCA) announced on Monday it is about to launch a digital framework to enhance transparency in the nascent voluntary biodiversity market, amid pressing concerns over how to guarantee Indigenous peoples' sovereignty over data.
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Mega meteorite tore up seabed and boiled Earth's oceans
It was 200 times bigger than the one that wiped out the dinosaurs nearly three billion years later.
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Mega meteorite tore up seabed and boiled Earth's oceans
It was 200 times bigger than the one that wiped out the dinosaurs nearly three billion years later.
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Rising electricity demand in ASEAN being met by fossils, report finds
The growth in electricity demand in the Association of Southeast Asian Nations (ASEAN) in 2023 was entirely met by fossil fuels, as expansion of renewables lagged behind, pushing the region’s emissions up by 6.6% last year, a report published Tuesday has found.
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COP16: Money takes centre stage as nature talks open in Colombia
Delegates from nearly 200 nations on Monday began two weeks of talks on how to implement the 2022 Global Biodiversity Framework (GBF), with questions around how to raise more funds to reverse nature loss and from who quickly taking centre stage.
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Brazil leverages R$45 bln in funding for climate projects via inaugural programme auction -media
Brazil’s programme to attract foreign finance towards green infrastructure projects announced the results of its first auction on Friday, detailing the terms of the public-private partnership required for capital deployment of approximately R$45 billion ($7.9 million).
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Brazilian coffee carbon credit initiative announces pilot project in Minas Gerais
An initiative to promote sustainable agricultural practices through carbon credit revenues amongst rural coffee producers in Brazil announced its pilot project in the state of Minas Gerais last week.
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RGGI Weekly: Benchmark RGAs cross above “psychological $20 threshold” in illiquid market
In the absence of near-term fundamental drivers and ongoing low liquidity, benchmark RGGI Allowances (RGA) reversed back above $20 over the week.
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Australia drops out of world’s top ten countries for new solar installs for first time in three decades
The post Australia drops out of world’s top ten countries for new solar installs for first time in three decades appeared first on RenewEconomy.
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EU lawmakers call on COP29 leaders to phase out fossil fuels, expand carbon pricing
The European Parliament's environment committee (ENVI) is calling on all countries to commit to phase out fossil fuels and adopt carbon-pricing mechanisms worldwide when they meet at COP29 next month.
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US DOE invests $518 mln in CO2 storage projects
The US Department of Energy (DOE) will invest more than $518 million in projects that will advance commercial-scale deployment of long-term carbon storage, the agency announced Monday.
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COP16: Colombia eyes regulated carbon, biodiversity markets to meet nature financing targets under updated NBSAP
Colombia plans to rely on regulated carbon and biodiversity credit markets to meet its financing targets under its newly released National Biodiversity Strategy and Action Plan (NBSAP), government officials told Carbon Pulse at the ongoing COP16 UN biodiversity summit.
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Brooklyn startup floats carbon removal project in NYC’s East River
A Brooklyn-based carbon removal and storage technology firm has launched a pilot project in New York City's East River aimed at showcasing the company’s scalable and cost-effective carbon capture system.
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Australia needs smarter air con systems to save money for homes and the grid
The post Australia needs smarter air con systems to save money for homes and the grid appeared first on RenewEconomy.
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Where there’s smoke: the rising death toll from climate-charged fire in the landscape
New international research reveals climate change increased the proportion of wildfire smoke-related human deaths tenfold between the 1960s and 2010s. Here’s what that means for Australia.
Fay Johnston, Professor, Menzies Institute for Medical Research, University of Tasmania
Licensed as Creative Commons – attribution, no derivatives.
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New solar and battery project in central Victoria gets state planning approval, joins EPBC queue
The post New solar and battery project in central Victoria gets state planning approval, joins EPBC queue appeared first on RenewEconomy.
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US Supreme Court to consider proper legal venue for challenges to EPA rules
The US Supreme Court has agreed to consider a set of cases questioning the proper venue for hearing challenges to recent regulatory actions by the US Environmental Protection Agency (EPA), the court said in an order issued Monday.
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California diesel consumption increases YoY in July, gasoline continues to decline
California diesel consumption reversed course, increasing year-on-year in July, as gasoline continued its steady YoY decline, state data published Monday showed.
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VCM Report: Buyers lack appetite after cookstove scandal, hopes pinned on Baku
A rush of retirements, including from two large French companies, failed to lift the market in the wake of fraud allegations directed at C-Quest Capital last week, after Verra said the cookstove project developer was issued millions of bogus carbon credits, keeping general buying interest at bay.
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