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UN explores repurposing CDM-based online offset platform for Paris era
Biden administration targetting December for draft US EPA rules on existing natural gas facilities
Motorcyclist dies from heat exposure in Death Valley as temperature reaches 128F
Another visitor in same motorcycle group hospitalized for ‘severe heat illness’ as other four members treated at scene
A visitor to Death Valley national park died Sunday from heat exposure and another person was hospitalized as the temperature reached 128F (53.3C) in eastern California, officials said.
The two visitors were part of a group of six motorcyclists riding through the Badwater Basin area amid scorching weather, the park said.
Continue reading...UK Labour to double onshore wind, triple solar power, and quadruple offshore wind by 2030
The post UK Labour to double onshore wind, triple solar power, and quadruple offshore wind by 2030 appeared first on RenewEconomy.
Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle
Green tick sought to double size of Australia’s biggest wind farm
The post Green tick sought to double size of Australia’s biggest wind farm appeared first on RenewEconomy.
International prop trading firm sees European, Asian carbon desks emptied
US Forest Service defends timber targets in lawsuit for ignoring carbon emissions from logging
Canadian CDR firm, academics to soon initiate new ocean alkalinity enhancement field trial
Few stakeholders back California ARB’s proposed changes to utility and industrial allocation, warn of rate increases
Freshwater wetland CO2 sinks need a place in blue carbon methodologies -consultant
INTERVIEW: Montreal Protocol negotiators seek private sector help to destroy ozone-depleting substances
Houses and pylons: Labour’s biggest business challenges
The party’s targets of building 1.5m homes over five years and decarbonising the electricity grid by 2030 look a stretch
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A landslide victory for Labour was also a satisfactory result for the vigilantes of the bond market. A Conservative administration that served up Liz Truss’s reckless budget of unfunded giveaways in 2022 has been punished. A Labour party promising fiscal discipline, to the point where it ditched a previous flagship £28bn policy on green investment in case it scared the horses, has been rewarded.
So, yes, one can see why the UK has suddenly acquired haven-like status in the eyes of financial markets. Unlike the US and France, for instance, international investors now know what they’re getting with the UK: a stable government anxious to demonstrate its market-friendly credentials. Meanwhile, inflation is falling and cuts in interest rates lie around the corner. “We believe UK government bonds (gilts) are attractive at current levels,” said Peder Beck-Friis, an economist at Pimco, the enormous bond fund manager.
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