A ministerial briefing to the incoming New Zealand government has warned that it will have to make key decisions around how to meet its international climate targets, including whether to prioritise domestic emissions reductions or rely on purchasing carbon credits offshore.
A daily summary of our news plus bite-sized updates from around the world.
The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw year-over-year (YoY) declines in CO2 emissions in Q4 decelerate drastically compared to previous quarters in 2023, programme data showed Wednesday.
California Low Carbon Fuel Standard (LCFS) net credits hit a new record in the third quarter of 2023, coasting north of 2.2 million tonnes, with both total quarterly credits and deficits hitting new highs in programme history, according to state data published Wednesday, which sent secondary market prices lower on the day.
Native rats and mice don’t usually evoke sympathy among the Australian public. The common names for the species – such as swamp rat – do little to help.
Steve Morton, Honorary Fellow, Charles Darwin University
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This exciting new role, positioned at the heart of Respira’s business, will be responsible for analysing, summarising and performing due diligence on Respira’s nature-based solutions investments. They will be a source of ongoing technical expertise for both Respira’s existing portfolio of projects, and the new projects being considered for investment.
Cultured meats, precision fermentation and other cutting-edge technologies are predicted to disrupt conventional agriculture. Despite the threat, New Zealand is well positioned to ride the wave.
Ian Mason, Adjunct Senior Fellow in Renewable Energy Systems Engineering, University of Canterbury
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The present senior advisor on clean energy innovation and implementation at the White House, John Podesta, will assume the role of senior advisor to the President for international climate policy following John Kerry's departure, the Washington Post reported Wednesday.
The voluntary carbon market (VCM) is experiencing increasing demand and will see a recovery in prices, including for some nature-based credits, although it still faces excess supply, limited alignment with integrity-boosting initiatives, and larger pools of older vintage units.
A Saskatchewan-based carbon credit origination and streaming company announced Wednesday the signing of a Memorandum of Understanding (MoU) with a company specialising in biosynthetic algae and seaweed carbon sequestration services for the generation of credits from the enhancement of agricultural soil.
The German government’s nature department would like to see regulation on biodiversity progress so that the financial sector is better equipped to tackle the emerging crisis.
Much like our gut microbes, the community of microbes used to process human waste must be healthy to do the job well. Monitoring the DNA in waste sludge can help us ensure the system stays healthy.
Christian Krohn, Postoctoral Researcher, School of Science, RMIT University
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More than 65 countries are now signed up to the Global Cooling Pledge that launched at COP28 last month, but more research is needed to turbo-charge the delivery of cooling plans, advisors to the UK government, one of the initial signatories of the pledge, said on Wednesday.
UK power company Drax Group has secured an option with Molpus Woodlands Group (Molpus) to buy up to 1 million tonnes of sustainably sourced woody biomass a year to fuel its bioenergy with carbon capture and storage (BECCS) operations in Southeastern US.
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