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Japan’s slow carbon pricing progress misaligned with IPCC guidance, think tank says
Oil supply, demand rising to hit ‘unprecedented’ level in 2024 -IEA
Australia Market Roundup: NSW wind project guidelines shuts the gate on development, ACCU issuance inches up
EU co-legislators agree on methane emission rules for the energy sector
Clean cooking developer first to issue Article 6-aligned credits
US, China agree on climate cooperation ahead of COP28
Jamaica’s dengue fever outbreak shows the deadly effects of record heat
The global failure to reduce fossil fuels is leaving small island states trapped in a constant cycle of fightback against disease and extreme weather
Read more: Health of billions at risk from global heating, warns report
In the summer of 2023, the world recorded the highest temperature in 100,000 years. All continents were affected and even the gentle breeze often felt in the tropics did little to cool the sweltering heat experienced by small island developing states (Sids). Our latest Lancet Countdown report, tracking the connections between health and the climate crisis, showed that Sids experienced 103 health-threatening heat days each year between 2018 and 2022 – equating to almost a third of the year being above the threshold whereby heat-related deaths are likely to increase.
Aside from the direct dangers of exposure to health-threatening heat such as heat stress, heatstroke, and, in severe circumstances, death, increased heat improves the climate suitability for the spread of infectious diseases such as dengue fever, malaria and vibrio by expanding their climatic boundaries, our most recent data shows. Our mathematical models of dengue fever show an increase in the frequency of outbreaks with an increase in heat, and the evidence suggests that the climate crisis has exacerbated the frequency of these outbreaks.
Continue reading...Bank offering high net worth philanthropists chance to invest in blue carbon
Australian biochar company receives A$11 mln loan from parent company
Cop28 host UAE has world’s biggest climate-busting oil plans, data indicates
State oil company’s huge expansion plans make its CEO’s role as president of UN climate summit ‘ridiculous’, say researchers
The state oil company of the United Arab Emirates, whose CEO will preside over imminent UN climate negotiations, has the largest net-zero-busting expansion plans of any company in the world, according to new data.
Sultan Al Jaber is the chief executive of the Abu Dhabi National Oil Company (Adnoc) and president of the Cop28 summit, which begins on 30 November. The researchers behind the new data said Adnoc’s huge planned expansion of oil and gas production was a clear conflict of interest and they said his position was “ridiculous”.
$140bn has been spent by the industry on exploration for new oil and gas reserves since 2021.
96% of the 700 companies that explore or develop new oil and gas fields are continuing to do so.
More than 1,000 companies are planning new gas pipelines, gas-fired power plants or liquified natural gas (LNG) export terminals.
Continue reading...SEC bill faces tough opposition in Victorian parliament
A move to enshrine the revived State Electricity Commission in the Victorian constitution is doomed to fail, with upper house crossbenchers queuing up to kill it.
The post SEC bill faces tough opposition in Victorian parliament appeared first on RenewEconomy.
Siemens snags massive government bailout amid deepening wind turbine woes
German government agrees to backstop energy giant Siemens to tune of €7.5 billion to help the company overcome ongoing turmoil in its wind division.
The post Siemens snags massive government bailout amid deepening wind turbine woes appeared first on RenewEconomy.
“Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects
Updated: Wind industry in shock over draft NSW planning guidelines, which could kill new projects - even in renewable energy zones. Talks are being sought with the state Labor government.
The post “Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects appeared first on RenewEconomy.
Origin: Can the gentailer commit to 100% green when the Brookfield bid fails?
Origin Energy could move quicker on the renewable transition than Brookfield, but its management has shown no interest in doing so.
The post Origin: Can the gentailer commit to 100% green when the Brookfield bid fails? appeared first on RenewEconomy.
New “mega scale” green hub planned for Northern Territory by Korea giant
Northern Territory unveils another "mega-scale" renewable project featuring wind, solar, hydrogen and battery storage with South Korea industrial giant.
The post New “mega scale” green hub planned for Northern Territory by Korea giant appeared first on RenewEconomy.
New blow to fossil gas as regulator shifts death spiral risk to new connections
Households in Victoria could soon be required to pay up front for a new connection to the gas network to defray cost of stranded assets for other users.
The post New blow to fossil gas as regulator shifts death spiral risk to new connections appeared first on RenewEconomy.
Australia at back of the pack on methane as China announces action plan
China has joined the growing list of countries committing to methane action plans, leaving Australia well behind in the global race to tackle these super-polluting emissions.
The post Australia at back of the pack on methane as China announces action plan appeared first on RenewEconomy.