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Exchange-traded fund sells 7.8% of EUA portfolio as investors boost short positions
Massachusetts sees record-high price at September GWSA carbon auction
CEOs back plans for zero-emissions pathways for heavy industry
Denmark offers ‘loss and damage’ funding to poorer countries for climate breakdown
Denmark ‘gets ball rolling’ at UN ahead of protests as poor nations call for greater collective commitment
Youth groups in Africa are preparing to embark on a series of climate demonstrations on Friday to highlight the problem of “loss and damage” to poor countries blighted by climate breakdown, as only one rich country has so far stepped up with funding for the problem.
Actions will take place on Friday in Ghana, Ivory Coast, Senegal, Togo and the Democratic Republic of the Congo, with more to follow in some other African nations over the weekend.
Continue reading...VCM analytics firm signs deals with brokers to boost customer offering
Verra’s faith “shaken” in IC-VCM, lambasts carbon credit quality guidelines
Prince William 'comforted' by support for his environmental work
Fracking won’t work in UK says founder of fracking company Cuadrilla
Chris Cornelius says geology is too challenging and government’s support is merely ‘soundbites’
Fracking in the UK will be impossible at any meaningful scale and will not help with the energy price crisis, the founder of the UK’s first fracking company has warned.
Chris Cornelius, the geologist who founded Cuadrilla Resources, which drilled the UK’s first modern hydraulic fracturing wells in Lancashire, told the Guardian that he believed the government’s support for it is merely a “political gesture”.
Continue reading...Liz Truss, we support fracking too – that’s why we know it can’t work for Britain | Chris Cornelius and Mark Linder
The economic and political barriers to fracking here are extremely high. There are better solutions to the energy crisis
In one of her first acts as prime minister, Liz Truss pledged to lift the ban on fracking in England, with the aim of opening up access to Britain’s copious onshore natural gas resources.
You would imagine that we, as the founder and former public affairs director of Cuadrilla Resources, an oil and gas exploration company, would welcome this news. Although we are no longer involved with Cuadrilla, we believe this news is positive. But it is misleading to imply that the announcement will lead to meaningful supply of new gas in the UK in the foreseeable future. And we believe there are other more practicable steps that could be taken to produce significant energy in a timely manner. Here’s why.
Dr Chris Cornelius, an exploration geologist, was the founder of Cuadrilla Resources and Mark Linder was the first public affairs director. Neither has been involved with Cuadrilla for many years.
Continue reading...Drought threatens UK government’s mass forestry scheme
Tree project is central to net zero plan, international conference in London hears
The UK government’s tree planting scheme is at risk because of the drought, the chief plant health officer has warned.
Arid conditions have caused heat stress in the young saplings and caused them to become susceptible to disease, Nicola Spence said at the world’s first international plant health conference, held in London on Wednesday.
Continue reading...Consumers reap rewards of 100 pct renewables as wind and solar farms hand back windfall profits
One region in Australia is being shielded from soaring electricity costs because the wind and solar farms that supply it are returning their windfall profits to consumers.
The post Consumers reap rewards of 100 pct renewables as wind and solar farms hand back windfall profits appeared first on RenewEconomy.
Offset rating agency awards high marks to major Indonesian nature projects
Euro Markets: Midday Update
Ringed Neptune captured by James Webb telescope
School uniforms in N America linked to PFAS "forever chemicals"
TD Bank funds large Canadian forest conservation project, launches carbon advisory business
Japan sees progress on DAC, livestock emissions ahead of domestic market launch
We need to be told the true climate cost of Schumer and Manchin’s pipeline side deal | David Sirota and Julia Rock
Democrats hailed the Inflation Reduction Act as a climate crisis victory – so why the secrecy over an oil and gas pipelines bill?
As climate change batters America with heatwaves, droughts and floods, lawmakers should be asking a simple question about any bill: does it increase or decrease the greenhouse gas emissions that are fueling the ecological emergency?
Somehow, though, that query is still not being asked right now in Washington, even as Democratic leaders are promising to advance a bill to gut environmental laws and expedite oil and gas pipelines.
David Sirota is a Guardian US columnist and an award-winning investigative journalist. He is an editor at large at Jacobin, and the founder of The Daily Poster. He served as Bernie Sanders’s presidential campaign speechwriter
Julia Rock is a reporter for The Lever
Continue reading...Australia’s once in a generation lithium opportunity
Australia is at the start of a globally significant investment boom. Its top 5 pure-play lithium firms have a collective market value of more than $A50 billion.
The post Australia’s once in a generation lithium opportunity appeared first on RenewEconomy.
‘What are they thinking?’: toxic ‘forever chemicals’ found in school uniforms
More than a third of children’s clothing tested in a study detected PFAS, which are used to make textiles stain resistant
Toxic PFAS chemicals are frequently used to make children’s clothing and textiles resist water and stains, but exposure to the compounds in clothes represents a serious health risk, a new peer-reviewed study finds.
The study, published in the Environmental and Science Technology journal, detected the chemicals in 65% of school uniforms, rain gear, snowsuits, snowshoes, mittens, bibs, hats and stroller covers tested, and at levels authors characterized as “high”.
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