Feed aggregator

A New York livestock project registered under the California offset programme has applied for listing in the state’s Low Carbon Fuel Standard (LCFS) via a biomethane pathway, according to documents posted by regulator ARB on Thursday.

EU energy ministers gathered in Brussels on Friday to hash out a set of emergency measures aimed at taming the effect of soaring energy prices, while making only limited headway on deciding whether to endorse a plan to sell €20 billion worth of MSR-held carbon allowances. 

Several million forestry carbon credits are primed to enter the market after the UN published the results of a technical evaluation of emissions reductions calculations by two nations, with far greater potential volumes waiting in the wings.

RGGI compliance-oriented entities scooped up their highest share of RGGI allowances (RGAs) on record at the Q3 auction this week, though this was not enough to continue a 1.5-year streak of record settlement prices, according to results published Friday.

Demand for luxury goods is driving global trade in hawksbill and green turtles, researchers say, adding to calls for more protection

More than 1.1 million sea turtles have been illegally killed in the past 30 years, according to new data.

Despite laws to protect them, scientists at Arizona State University estimate that about 44,000 turtles across 65 countries were illegally killed and exploited every year over the past decade.

Continue reading...

EUAs rallied in mid-morning after dropping to yet another six-month low early on Friday as traders covered short positions ahead of the weekend, while energy prices slipped as EU energy ministers meet to discuss emergency interventions to moderate soaring energy costs for consumers.

Instead of home insulation and cheap renewables, ministers have given us fracking. This crisis is just the start of the pain

As the full horror of the gathering energy crisis takes shape and the party of austerity prepares to borrow £150bn just to pay the bills, government ministers are desperate for you to remember one thing: it is all Vladimir Putin’s fault. Although the terrifying spike in gas prices is driven by the economic war Putin is waging on Europe, the emergency we face this winter is not simply a product of those high prices. It’s also a product of successive Conservative governments wilfully dismissing policies that would have reduced our reliance on gas in the first place.

Take insulating homes and buildings. The past decade has been a period of dismal neglect for one of the most economically obvious policies. Report after report, campaign after campaign, year after year, governments have been reminded of the prudence of investing to make our buildings cheaper and cleaner to heat. Direct grants for those on low incomes, financial support for households and private firms, and properly funded schemes for the public sector could have ended the UK’s reign as the least insulated country in western Europe. Adopting these policies would have cost less than £5bn, and returned money to the Treasury over time through myriad economic benefits, even before gas prices skyrocketed.

Max Wakefield is director of campaigns for the climate action group Possible

Continue reading...

The maritime industry will need additional annual investments of $8-28 billion on ships using clean fuels if it is to reach full decarbonisation by 2050, according to a report from Norway-based classification society DNV released this week.

Weekly trading volume in China’s national emissions market fell below 10,000 units over the past week, the lowest level since July, as market participants see little chance of policy progress in the near future.

Australian resources company South32 has set a new goal to reach net zero Scope 3 GHG emissions by 2050, the company announced Friday in its annual sustainable development report.

The best of this week’s wildlife pictures, including helpful blue-banded bees, a recovering vulture and a drumming chimp

Continue reading...

The bird photographer of the year winners for 2022 have been unveiled. An image of a rock ptarmigan in winter plumage taking flight above the snow-covered mountains of Tysfjord, Norway, has taken the grand prize in the world’s largest bird photography competition, which saw more than 20,000 entries from all over the world

Continue reading...

Energy regulator appears to have jumbled its data when trying to make an example of wind and solar in its latest market report.

The post Australia’s energy regulator struggles with reality of variable wind and solar appeared first on RenewEconomy.

The landfill industry’s decision to speak out about the integrity of carbon credits provides an opportunity to put the system back on the rails. Andrew Macintosh, Professor and Director of Research, ANU Law School, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Evidence suggests least well-off and minority ethnic communities face biggest burden from toxic air

It has long been known that the poorest and those from minority ethnic communities shoulder the greatest burden from air pollution – and now a study has provided compelling evidence.

Researchers used sensors mounted on satellites and aircraft to map nitrogen dioxide across 11 major US cities. Clouds and snow on the ground prevented measurement on many days but the researchers were able to map the pollution exposure well enough to compare with census data.

Continue reading...

Those who don’t die from the floods risk death by starvation – yet you’ve probably heard little about the devastation

Today, Pakistan, the world’s fifth-most-populous country, is fighting for its survival. This summer, erratic monsoon rains battered the country from north to south – Sindh, the southernmost province, received 464% more rain over the last few weeks than the thirty-year average for the period.

At the same time, Pakistan’s glaciers are melting at a rate never seen before. These two consequences of the climate crisis have combined to create a monstrous super-flood that has ravaged the country.

Continue reading...

The New Zealand government has laid out its thinking on the Climate Change Commission’s (CCC) proposed changes to the ETS in a consultation paper, and is seeking market and industry feedback, despite appearing largely accepting of its recommendations.

Nissan is retooling its Australian casting plant so it can repurpose old batteries from its Leaf electric cars to help power the plant and cut its carbon footprint.

The post Nissan set to give its Leaf EV batteries a second life in Australia manufacturing plant appeared first on RenewEconomy.

First climate bill in a decade is passed, Snowy’s leadership, renewable pipelines and Oxford’s Farhad Billimoria on what might work in Australia’s new market design.

The post Energy Insiders Podcast: Climate bill, Snowy and the case for a strategic reserve appeared first on RenewEconomy.

Environmental law group alleges Glencore is misleading investors over its environmental targets given its growing footprint in coal mining.

The post Environmental groups say Glencore greenwashing as it expands Australian coal mining appeared first on RenewEconomy.