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GCF to begin second replenishment process, approves four new projects

Carbon Pulse - Thu, 2022-07-21 19:24
The international Green Climate Fund (GCF) has begun the formal process for its second replenishment, following its latest meeting, along with commitments to fund four new projects valued at $380 million.
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A 17-minute flight? The super-rich who have ‘absolute disregard for the planet’

The Guardian - Thu, 2022-07-21 19:00

Kylie Jenner is far from the only celebrity to make short hops using private jets despite mounting concerns over the climate crisis

Kylie Jenner has faced a torrent of criticism for her decision to take her private jet on a flight that lasted just 17 minutes. But the practice of taking brief journeys on luxury aircraft appears to be common among the rich and famous despite mounting concerns over the climate crisis.

Jenner, the 24-year-old socialite and businesswoman, has faced online opprobrium after she posted an Instagram picture of herself and her partner, rapper Travis Scott, on the runway of an airport between two private jets with the caption “you wanna take mine or yours?”

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Australia’s Northern Territory makes net zero deal with Japan’s Inpex, both commit to boosting LNG supplies

Carbon Pulse - Thu, 2022-07-21 19:00
The Northern Territory (NT) government in Australia and Japanese oil and gas firm Inpex have signed a “statement of commitment” to achieve a “net zero emissions future” as part of an agreement that also involves the expansion of a key gas and LNG project, it was announced on Thursday.
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Weather bureau expects further serious flooding on east coast with elevated fire risk in NT

The Guardian - Thu, 2022-07-21 18:05

There is an increasing likelihood of above-average rainfall for much of Australia in the coming months, the Bom says, with another La Niña likely

Severe storms and widespread flooding across eastern Australia and elevated fire risks in the Northern Territory are predicted for the coming months, with a third successive La Niña weather pattern also likely.

The Bureau of Meteorology’s outlook for August to October has forecast above-average rainfall from Queensland down to the south coast of New South Wales, with parts of the Northern Territory also slated to get above-average rain during that time.

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Fifth small energy retailer fails in wake of ongoing market struggles

RenewEconomy - Thu, 2022-07-21 17:50

Meter for electricity consumption to calculate electricity costs - optimisedAER instigates 'retailer of last resort' protections for a fifth time in three months, as another retailer falls victim to the energy market crisis.

The post Fifth small energy retailer fails in wake of ongoing market struggles appeared first on RenewEconomy.

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Climate emergency is a legacy of colonialism, says Greenpeace UK

The Guardian - Thu, 2022-07-21 16:00

Report says global south has been ‘used as place to dump waste’ and that people of colour are suffering disproportionately

The climate and ecological crises are a legacy of systemic racism and people of colour suffer disproportionately from their harms, a Greenpeace UK report says. Globally, the report says, it is people of colour who, despite having contributed the least to the climate emergency, are now “disproportionately losing their lives and livelihoods” by the millions because of it.

“The environmental emergency is the legacy of colonialism,” the report says. This was because colonialism had “established a model through which the air and lands of the global south have been … used as places to dump waste the global north does not want”, the report says.

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Australian fuel retailer Ampol launches carbon neutral programme for customers

Carbon Pulse - Thu, 2022-07-21 15:38
Australian downstream oil company Ampol will expand its “carbon neutral” fuels programme which aims to offset emissions from the sourcing, refining, distribution, retailing, and consumption of its petrol and diesel products, the company has announced.
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State of the Environment report shows our growing cities are under pressure – but we’re seeing positive signs too

The Conversation - Thu, 2022-07-21 15:14
Australia’s big cities have grown rapidly and strains are showing. Yet the state of the urban environment has been rated good and stable due to local and state responses to these challenges. Gabriela Quintana Vigiola, Senior Lecturer in Planning, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Wellcome Trust sells stakes in large oil and mining companies

The Guardian - Thu, 2022-07-21 15:00

One of UK’s biggest funders of scientific research will no longer profit from businesses such as BP and Shell

One of the UK’s biggest philanthropic investors has quietly sold its stakes in large oil and mining companies such BP and Shell.

The Wellcome Trust is one of the biggest funders of scientific research in the UK with a £38bn investment fund. For almost a decade it has resisted pressure from organisations, including the Guardian, who argued that profiting from fossil fuel companies was incompatible with the Trust’s objective of improving public health and wellbeing.

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Ignoring climate warnings locks Australia into a worst-case scenario | Mark Ogge

The Guardian - Thu, 2022-07-21 15:00

Heatwaves and fires in the northern hemisphere are a frightening portent of what’s in store for Australia.

The unprecedented heatwave and fires engulfing Europe might seem a long way away, but they are a frightening portent of what’s in store for Australia.

Britain has just experienced its highest temperature on record, extreme conditions and fires are sweeping Spain, Portugal, France and Greece. But this is just the latest in a string of extreme events globally. In March, scientists were shocked by record temperatures at both poles, including temperatures up to 40C above normal in the Antarctic and 30C above normal in the Arctic. In May, devastating heatwaves across India, Pakistan and surrounding countries led to weeks where temperatures in some regions repeatedly hit almost 50C. This year has also seen extreme heatwaves in south Asia, China and the US.

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Traditional British garden under threat from extreme heat, says RHS

The Guardian - Thu, 2022-07-21 15:00

Royal Horticultural Society launches survey to examine damage from this week’s heatwave

The traditional British garden is under threat from extreme heat, the Royal Horticultural Society has said, as it launches a survey to examine the damage from this week’s heatwave.

It is likely that in the future delicate flowers including roses and poppies will have to be swapped for plants such as salvias and dahlias, which are more resistant to heat.

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Carbon price slumps, but strong future predicted if offset integrity restored

RenewEconomy - Thu, 2022-07-21 14:45

Australia's emissions jumped higher in 2021, despite strong growth in renewables.A leading carbon market analyst predicts a strong future for Australia's carbon offset markets, if integrity questions can be resolved.

The post Carbon price slumps, but strong future predicted if offset integrity restored appeared first on RenewEconomy.

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Social licence: Transmission projects push community complaints to record high

RenewEconomy - Thu, 2022-07-21 14:20

From wind turbines to wires: transmission projects the focus of a record number of complaints to the federal government's Energy Infrastructure Commissioner.

The post Social licence: Transmission projects push community complaints to record high appeared first on RenewEconomy.

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ICE acquires global corporate emissions data provider

Carbon Pulse - Thu, 2022-07-21 14:01
Exchange operator ICE has acquired a provider of global corporate emissions and climate transition data, it announced Thursday.
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NZ govt to fix over-allocation of NZUs to heavy emitters

Carbon Pulse - Thu, 2022-07-21 14:00
Heavy polluters in New Zealand will have their free allocation of NZUs dramatically slashed as the government looks to ensure it can meet its emissions reduction targets.
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Solar Insiders Podcast: Households now want batteries with their solar

RenewEconomy - Thu, 2022-07-21 12:56

The jump in fossil fuel prices means more households want battery storage with their rooftop solar, and they don’t care if it’s not making money.

The post Solar Insiders Podcast: Households now want batteries with their solar appeared first on RenewEconomy.

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Australia’s fossil fuel producers are revelling in surging profits

RenewEconomy - Thu, 2022-07-21 12:42

Across the board, Australia's fossil fuel producers are reporting record profits as they drain consumer wallets, but Labor resists calls for windfall profit tax.

The post Australia’s fossil fuel producers are revelling in surging profits appeared first on RenewEconomy.

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Mayur Resources to seek legal advice over cancelled REDD+ permits

Carbon Pulse - Thu, 2022-07-21 11:45
The Australian resources company Mayur Resources, which had its REDD+ development licence revoked by the Papua New Guinean government, said it will “vigorously challenge” the decision.
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AEMC may fast-track request to double administered price cap after coal plant warning

RenewEconomy - Thu, 2022-07-21 11:44

Alinta Loy Yang B power stationAEMC will consider fast-tracking its assessment of a proposal to double the administered price cap for electricity markets.

The post AEMC may fast-track request to double administered price cap after coal plant warning appeared first on RenewEconomy.

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CP Daily: Wednesday July 20, 2022

Carbon Pulse - Thu, 2022-07-21 09:57
A daily summary of our news plus bite-sized updates from around the world.
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