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Stop burning trees to make energy, say 650 scientists before Cop15 biodiversity summit

The Guardian - Mon, 2022-12-05 19:30

Letter says bioenergy is wrongly deemed ‘carbon neutral’ and contributes to wildlife loss

More than 650 scientists are urging world leaders to stop burning trees to make energy because it destroys valuable habitats for wildlife.

In the buildup to Cop15, the UN biodiversity summit, they say countries urgently need to stop using forest bioenergy to create heat and electricity as it undermines international climate and nature targets. Instead, renewable energy sources such as wind and solar should be used, they say.

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Only half of Australia’s biggest companies have net zero emissions targets, report says

Carbon Pulse - Mon, 2022-12-05 18:44
Emissions from the top 200 companies on Australia’s stock exchange will overshoot their 1.5C carbon budgets between now and 2050, with more than half having yet to set any net zero emissions targets, a new report has found.
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Vital Impacts winter collection prints go on sale – in pictures

The Guardian - Mon, 2022-12-05 17:00

More than 100 photographers are making their fine art prints available to Vital Impacts, an women-owned and operated non-profit organisation that supports grassroots groups trying to protect people, wildlife and habitats

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PREVIEW: Secondary market muted on expectations NZU auction price might clear at NZ$70

Carbon Pulse - Mon, 2022-12-05 16:30
NZU buyers appear to be anticipating they will pick up a bargain at Wednesday’s ETS auction compared to current secondary prices, market participants said Monday, amid growing frustration of the government’s indecision on next year’s price settings.
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Tasmanian tiger: Remains of last thylacine found in cupboard after 85 years

BBC - Mon, 2022-12-05 14:42
The pelt and skull of the last known thylacine are identified in Hobart, solving an 85-year mystery.
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Community feedback prompts changes to transmission upgrade route

RenewEconomy - Mon, 2022-12-05 14:18

transmission towersAEMO and Transgrid are now considering two new options for the central Victoria connection of VNI West.

The post Community feedback prompts changes to transmission upgrade route appeared first on RenewEconomy.

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Australia’s total biodiversity finance market could hit $94 bln by 2050, report finds

Carbon Pulse - Mon, 2022-12-05 13:45
Total spending on biodiversity in Australia could rise rapidly to A$137 billion ($94 bln) by mid-century, carrying with it significant risks and opportunities for major industries such as construction, mining, and tourism, a report from consultants PwC has found.
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Genex resumes work on pumped hydro flagship as billionaire bidder bides his time

RenewEconomy - Mon, 2022-12-05 13:32

aerial of Kidston Renewable Energy Hub (1) - optimisedGenex says work resumes at Kidston pumped hydro project, but still no news from bidding syndicate led by software billionaire Scott Farquhar.

The post Genex resumes work on pumped hydro flagship as billionaire bidder bides his time appeared first on RenewEconomy.

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Australia’s stunning Spring into green energy future after decade of denial

RenewEconomy - Mon, 2022-12-05 13:02

The sheer scale of new targets, projects, records, and plans for Australia's green energy future hit a record this Spring, after a decade of Coalition denial.

The post Australia’s stunning Spring into green energy future after decade of denial appeared first on RenewEconomy.

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NSW tops renewable energy superpower scorecard for first time

RenewEconomy - Mon, 2022-12-05 12:25

wind turbine blades AccionaInvestors were desperate for policy and now they're getting it in swathes as Australian governments deliver a consistent diet of targets, laws and commitments.

The post NSW tops renewable energy superpower scorecard for first time appeared first on RenewEconomy.

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Exploitative gas pricing is causing debt and distress for many Australian households | Gerard Brody

The Guardian - Mon, 2022-12-05 11:38

It is not fair for people to be paying such wildly varied prices for the same level of gas consumption – equity must be central to any market intervention

The treasurer, Jim Chalmers, is set to intervene in the gas market to push down high bills, likely through capping wholesale gas prices and also the price of coal.

Various regulators and energy bodies will be providing advice about the best measures to take. But governments also needs to listen to those that are doing it tough paying their energy bills.

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Only half of Australia’s biggest companies have net-zero emissions plans

RenewEconomy - Mon, 2022-12-05 10:23

Nearly 40% of ASX200 emissions are not yet covered by net-zero commitments, and much corporate climate action will come too late to keep 1.5℃ alive.

The post Only half of Australia’s biggest companies have net-zero emissions plans appeared first on RenewEconomy.

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Australian super fund snaps up another two new wind farms in Victoria

RenewEconomy - Mon, 2022-12-05 10:23

ferguson wind farm VictoriaLeading super fund has bought up two small wind farms in Victoria, adding a total of five wind turbines to its renewable energy portfolio.

The post Australian super fund snaps up another two new wind farms in Victoria appeared first on RenewEconomy.

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ExxonMobil reportedly considering buying Guyana forest carbon credits

Carbon Pulse - Mon, 2022-12-05 08:55
Oil major ExxonMobil could follow its Guyana offshore exploration partner in buying some of the country’s new forest carbon credits, its regional boss has reportedly said.
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Loss, decay and bleaching: why sponges may be the ‘canary in the coal mine’ for impacts of marine heatwaves

The Conversation - Mon, 2022-12-05 08:36
New Zealand may see more sponge bleaching as the northern coastlines are already experiencing almost continuous marine heatwave conditions, expected to extend into the coming summer. James Bell, Professor of Marine Biology, Te Herenga Waka — Victoria University of Wellington Nick Shears, Associate Professor in Marine Science, University of Auckland Robert Smith, Lecturer, University of Otago Licensed as Creative Commons – attribution, no derivatives.
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Introducing Biodiversity Pulse

Carbon Pulse - Mon, 2022-12-05 07:53
We are thrilled to announce that Carbon Pulse has extended its news coverage to the emerging voluntary market for biodiversity credits.
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Many Australian businesses will scale back climate action when economy slows, survey finds

The Guardian - Mon, 2022-12-05 07:46

The 2022 Climate Check international survey also found support in Australia for a crackdown on ‘greenwashing’

Australian businesses are more likely to wind back efforts to cut carbon emissions when the economy slows than their global counterparts, a survey of 700 firms in 14 nations has found.

However, Deloitte’s gauge of private companies with annual turnover of between $US250m-$US10bn ($A366m-$A14.6bn) also found about two-thirds of the 50 Australian executives surveyed supported new regulations and a crackdown on so-called greenwashing, both higher than the global average.

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Russia: Bodies of 2,500 seals found along Caspian Sea coast

BBC - Mon, 2022-12-05 05:14
The seals were found on the Caspian Sea coast, but officials do not believe they died violently.
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Half of Australia's biggest companies have net-zero emissions plans, but climate action may come too late

The Conversation - Mon, 2022-12-05 05:01
We assessed 187 ASX200 companies – together they produce 32% of Australia’s operational emissions. Tom Wainwright, System lead - Sustainable Corporates, Monash University Coral Bravo, Senior Analyst, Climateworks Centre Licensed as Creative Commons – attribution, no derivatives.
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The Guardian view on biodiversity collapse: the crisis humanity can no longer ignore | Editorial

The Guardian - Mon, 2022-12-05 04:30

A million animal and plant species are perilously close to extinction. Their fate and ours are intimately connected

In an essay entitled The Sense of Wonder, the American conservationist Rachel Carson suggested two questions to make us think more deeply about our natural environment. “What if I had never seen this before? What if I knew I would never see it again?”

Published in 1955, Carson’s call to mindfulness was influential in the burgeoning postwar environmental movement. But despite campaigners’ best efforts, the sense of jeopardy lurking within her second question is now acute. Wild animal populations are declining annually by about 2.5% as a result of habitat loss, invasive species, pollution, climate change, overfishing and overhunting. Since 1970, overall numbers are down by 69%. Livestock and the human beings who farm them now account for 96% of all the mammals on Earth. The Sumatran tiger, the Bornean orangutan and the hellbender salamander are among the million animal and plant species judged perilously close to extinction.

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