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Ocean-based CO2 removal techniques “premature and misguided”, likely to lead to greenwashing -scientists
Solar PV, China dominate IEA’s 2024 energy investment report
Pressure builds on EU to open carbon market to CO2 removals
Developer plans to sell first Peruvian biodiversity credits by the end of the year, French fund to buy
ICVCM gets ball rolling with CCPs integrity label approved for 27 mln voluntary carbon credits
Meth-addict fish, aggro starlings, caffeinated minnows: animals radically changed by human drugs – study
Addiction, anxiety and sex reversal have been reported in species by researchers as a range of substances contaminates ecosystems
From brown trout becoming “addicted” to methamphetamine to European perch losing their fear of predators due to depression medication, scientists warn that modern pharmaceutical and illegal drug pollution is becoming a growing threat to wildlife.
Drug exposure is causing significant, unexpected changes to some animals’ behaviour and anatomy. Female starlings dosed with antidepressants such as Prozac at concentrations found in sewage waterways become less attractive to potential mates, with male birds behaving more aggressively and singing less to entice them than undosed counterparts.
Continue reading...Major pharmaceutical company delivers soil carbon credits to US market
Australian fund manager placed to be wound up after a string of bad carbon, agricultural deals
What will Australia’s proposed Environment Information Agency do for nature?
Queensland promises $26 billion renewables splurge in state budget
The post Queensland promises $26 billion renewables splurge in state budget appeared first on RenewEconomy.
Eraring extension may burn a big hole in Australia’s biggest renewable energy tender
The post Eraring extension may burn a big hole in Australia’s biggest renewable energy tender appeared first on RenewEconomy.
Sorting fact from renewable fiction: Handy resources for debunking solar and wind myths
The post Sorting fact from renewable fiction: Handy resources for debunking solar and wind myths appeared first on RenewEconomy.
“High rewards, no regrets:” Council gas bans could save new-build home owners $600 a year on energy
The post “High rewards, no regrets:” Council gas bans could save new-build home owners $600 a year on energy appeared first on RenewEconomy.
A fierce battle is being fought in the soil beneath our feet – and the implications for global warming are huge
World’s first carbon insurance product launched to protect trade in ITMOs
‘At heart it’s the same technology’: the heat pump that uses water instead of air
Equipment being trialled in Scotland extracts warmth from nearby water sources to provide homes with heating
Scientists in Edinburgh have developed a home heating system that draws its energy from the world’s most abundant resource: water.
The equipment can use sea water, rivers, ponds and even mine water to heat radiators and water for baths and showers, using the same technology as in air source heat pumps.
Continue reading...Secretive court system has awarded over $100bn public money to corporations, finds new analysis
Fossil fuel firms are biggest beneficiaries of investor-state dispute settlement courts which have awarded $114bn of public money
More than $100bn of public money has been awarded to private investors in investor-state dispute settlement (ISDS) courts, according to the most comprehensive analysis yet.
The controversial arbitration system which allows corporations to sue governments for compensation over decisions they argue affect their profits is largely carried out behind closed doors, with some judgments kept secret. But, according to a global ISDS tracker which launches today, $114bn has so far been paid out of the public purse to investors – about as much as rich nations provided in climate aid in 2022.
A $15bn compensation suit by TC Energy against the US government for cancelling the Keystone XL pipeline which would have carried 830,000 barrels of highly polluting tar sands oil to the US coast every day. The permit was withdrawn by Joe Biden on his first day in office after a long campaign by Indigenous Americans, farmers and climate activists. The pipeline had been championed by ex-president Donald Trump and became a touchstone culture war issue.
Ruby River Capital’s claim for “no less than $20bn” after the Quebec government cancelled a natural gas liquefaction plant on the St Lawrence River. An environmental impact assessment had found that the plant would increase greenhouse gas emissions, hurt Indigenous Canadian communities and destroy biodiversity. RRC’s claim was the largest ever under the North American Free Trade Agreement (Nafta).
The most lucrative ISDS claim currently being heard is Zeph Investment’s $200bn case against Australia over a huge planned mine in Western Australia which, Zeph Investment claims, the Australian government had “effectively destroyed”, in breach of the Asean free trade agreement.
Avima Iron Ore is seeking $27bn from the Republic of the Congo, after it revoked iron ore mining licenses for three Australian-owned firms, handing them instead to a small Chinese investment group. The sum is almost twice as much as the country’s GDP last year.
Continue reading...National Australian Bank details A$80 bln 2030 climate finance ambition, sets interim sectoral decarbonisation targets
“Unimaginable challenges:” World-first integrated wind, solar and battery hybrid finally at full capacity
The post “Unimaginable challenges:” World-first integrated wind, solar and battery hybrid finally at full capacity appeared first on RenewEconomy.