Feed aggregator

Fracking in the UK has multiple commercial, technical and social challenges. The biggest of all may be that the oil and gas reserves are long gone.

The post Fracking: If Liz Truss wants a UK shale gas industry, she is 280 million years late appeared first on RenewEconomy.

How can we balance community concerns and wishes with cost? It’s a challenging task – made more challenging by the urgency of the shift to renewables. 

The post Report reveals cost of undergrounding HumeLink – but is it a price worth paying? appeared first on RenewEconomy.

Some 11 NGOs are suing the European Commission over its inclusion of biomass and forestry activities in the bloc-wide Taxonomy Regulation, they announced on Friday, arguing that rather than channelling private capital into climate action the move would exacerbate warming and forest degradation.

Charity says 19 million people facing starvation in report highlighting link with extreme weather

Extreme hunger is closely linked to the climate crisis, with many areas of the world most affected by extreme weather experiencing severe food shortages, research has shown.

The development charity Oxfam examined 10 of the world’s worst climate hotspots, afflicted by drought, floods, severe storms and other extreme weather, and found their rates of extreme hunger had more than doubled in the past six years.

Continue reading...

Emissions from human activities played a role in the recent floods that have brought devastation to Pakistan.

California Carbon Allowance (CCA) prices withstood broader market setbacks after a higher-than-expected inflation print on Tuesday and following regulator comments on cap-and-trade programme changes, while RGGI Allowances (RGAs) held their ground despite last week’s Q3 auction clearing failing to continue a 1.5-year streak of record settlements.

An Ottawa-headquartered personalised carbon footprint calculator and offset investor has raised C$25 million ($18.9 mln) in equity financing from a Newfoundland-based iron company and high-net worth investors, according to a press release Thursday.

Study says climate crisis likely to have significantly increased rainfall and made future floods more likely

The intense rainfall that has caused devastating floods across Pakistan was made worse by global heating, which has also made future floods more likely, scientists have found.

Climate change could have increased the most intense rainfall over a short period in the worst affected areas by about 50%, according to a study by an international team of climate scientists.

Continue reading...

Our ocean forests of seaweed are enormous. But these quick-growing, life-supporting forests are already vanishing. Albert Pessarrodona Silvestre, Postdoctoral Research Fellow, The University of Western Australia Karen Filbee-Dexter, Research Fellow, School of Biological Sciences, The University of Western Australia Thomas Wernberg, Professor, The University of Western Australia Licensed as Creative Commons – attribution, no derivatives.

The safeguard mechanism is supposed to stop Australia’s largest polluters from emitting over a certain threshold. It’s been widely criticised for lacking teeth, and is finally under review. Rebecca Pearse, Lecturer, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Biofuels are heralded as a climate-friendly replacement of fossil fuels, but encouraging people to drive less and shift to other modes of transport would cut more emissions. Paul Callister, Senior Associate Institute of Governance and Policy Studies, Te Herenga Waka — Victoria University of Wellington Robert McLachlan, Professor in Applied Mathematics, Massey University Licensed as Creative Commons – attribution, no derivatives.

Infrastructure that aims to compile and standardise information from the world’s fragmented carbon markets will launch to the public next month, with partners and founders at the World Bank Group providing more details on how the metadata platform will operate and help scale the market.

Winning images of the mysterious and beautiful parts of our Universe are on display in London.

Emissions from the maritime shipping sector inched higher in the first half of the year, according to research by a shipbroker that comes as EU institutions prepare to resume negotiations over how to include the sector in the bloc's ETS starting within the next couple of years.

The California cap-and-trade system will see allowance supply exceed demand in 2022 before switching later on this decade, while market fundamentals in the Northeast US RGGI scheme will move in the opposite direction, analysts said this week.

Scientists say the 'jaw-dropping' discovery gives an insight into the evolution of human hearts.

Exclusive: leaked report for government says reducing and predicting risk ‘remains a scientific challenge’

Liz Truss is to lift a ban on fracking despite a leaked government report suggesting little progress has been made in reducing and predicting the risk of earthquakes caused by the practice, the Guardian can reveal.

The first drilling licences in nearly three years are expected to be issued as early as next week, sources said, in a move that will reignite claims of another broken 2019 Conservative manifesto pledge.

Continue reading...

More than 5 million carbon credits will be generated by a cookstoves project in Malawi after a project developer found backing from a Swiss-based investment foundation

Crypto carbon group KlimaDAO has finally rid the market of more than 670,000 remaining carbon credit tokens from a Chinese HFC-23 project that were bought onto blockchain last year, acting alone after fellow tech firm Toucan Protocol declined to join in.

The price direction of EU carbon allowances will continue to be directed by the scale of emissions from fossil burning utilities balanced against the curtailment of energy consumption by industry this winter, an audience heard Thursday.