Feed aggregator

EUAs rose to a six-week high as traders reacted to bullish energy news and shrugged off speculation regarding an EU report into speculative activity in the carbon market.

South Korea’s carbon market will go several years minimal access to foreign offsets while some projects risk financial ruin after this weekend’s UN climate deal, which provided Japan with certainty should it decide to tap into the voluntary carbon market.

Join this growing but close knit team that is helping to extend land management practices that regenerate the land and reduce Australia’s greenhouse gas emissions using carbon farming.

To streamline current and future carbon-related activities including trading and project development across the Royal Eagle Group, the company seeks two carbon traders/specialists to set up its in-house carbon trading desk, based in Singapore.

A group of nations has vowed to take a stronger line on carbon credits than those agreed at the Glasgow COP26 UN climate talks, pledging not to use pre-2020 CDM credits and to apply corresponding adjustments to voluntary market units.

New Zealand can reach 100% renewable-powered electricity by 2030 in the most cost-effective and market friendly way if it establishes a special entity to facilitate the retirement of the country’s thermal generation assets, a report released on Monday by a New Zealand power provider claimed.

Morrison government can’t lie to all the people all of the time without devaluing its currency

When it comes to climate policy, it’s never prudent to say we’ve hit peak preposterous, because this is Australia. There are always new depths to plumb.

But we were certainly peak preposterous adjacent on Monday when Scott Morrison and Angus Taylor attempted to explain why Australia had just signed a commitment to look at its 2030 emissions reduction target – but our target wouldn’t be changing because it was both immutable and completely redundant.

Continue reading...

China’s thermal power growth slowed in October, official data showed Monday, as the energy consumption curb put in place to ease coal shortage continued, though analysts don't expect big power surge after the curb ends.

We have to change the entire global economy to combat the climate crisis. We’re not there yet, but we are getting closer

If a bus were hurtling towards a child in the middle of the road, no one nearby would take merely one step to get that child out of the way. They would rush, at speeds previously unbeknownst to them, using every muscle in their body, to get that child to safety.

On the climate crisis, a bus is careering toward us and we have still not flexed all our muscle power to get ourselves or future generations to safety.

Christiana Figueres was head of the UN climate change convention that achieved the Paris agreement in 2015, and is the author of The Future We Choose.

Continue reading...

Thousands of people in the New South Wales central west have been warned to prepare to evacuate as the Lachlan River threatens to flood after heavy rain lashed the state

• NSW floods: thousands prepare to evacuate as Lachlan River threatens Forbes

Continue reading...

Exclusive: experts tell government without action stagnating recycling rates and waste incineration will impede 2050 target

Rising greenhouse gas emissions from the incineration of waste and stagnating recycling rates will stop the UK reaching net zero by 2050, according to analysis presented to government.

Experts who advise ministers on key areas of infrastructure spending highlight waste and recycling as a key area of concern.

Continue reading...

New report says burning and draining of peatland by grouse moor estates and others adding to climate disaster

Just 124 landowners own the majority of England’s deep peat – its single largest carbon store – new analysis has found.

From the low-lying wetlands of the Fens, to the bogs of the North York Moors, 450,000 hectares (1m acres) of peat soils store 584m tonnes of carbon, according to Natural England, equivalent to the annual emissions from 540 coal-fired power stations in the US.

Continue reading...

Ella Daish to hand Procter & Gamble giant Tampax applicator, made from 1,200 discarded contributions

A British environmental activist is stepping up her campaign against single-use plastics in period products by calling on the world’s bestselling manufacturer of tampons to make greener alternatives.

Ella Daish, the founder of the #EndPeriodPlastic campaign, will go to the European headquarters of Tampax-maker Procter & Gamble in Geneva on Monday to present executives with a giant tampon applicator, made of 1,200 discarded Tampax applicators found littering British waterways, rivers and beaches.

Continue reading...

Last-minute hitch on coal almost reduced Alok Sharma to tears as Glasgow climate pact made imperfect progress

As weary delegates trudged into the Scottish Event Campus on the banks of the Clyde on Saturday, few realised what a mountain they still had to climb. The Cop26 climate talks were long past their official deadline of 6pm on Friday, but there were strong hopes that the big issues had been settled. A deal was tantalisingly close.

The “package” on offer was imperfect – before countries even turned up in Glasgow they were meant to have submitted plans that would cut global carbon output by nearly half by 2030, to limit global heating to 1.5C above pre-industrial levels. Although most countries submitted plans, they were not strong enough and analysis found they would lead to a disastrous 2.4C of heating.

Continue reading...

A green hydrogen pilot project being developed by Marubeni Corp and the South Australian government has won the backing of the Japanese government.

The post South Australia renewable hydrogen hub wins Japanese backing appeared first on RenewEconomy.

With the ink barely dry on Glasgow Climate Pact, the Morrison government settled straight back into its domestic routine of climate obfuscation and obstruction.

The post Australia hails COP26 “green light for more coal,” won’t budge on 2030 target appeared first on RenewEconomy.

Renewables hit record share of Australia's main grid on Monday morning, with wind and solar alone grabbing more than 60 per cent for first time.

The post Wind and solar grab more than 60pct share of Australia’s main grid for first time appeared first on RenewEconomy.

South Australia produced nearly twice as much wind and solar as it could use, with curtailment records around the main grid.

The post South Australia curtailed nearly as much wind and solar on Sunday as it used appeared first on RenewEconomy.

Prime minister says Australians will be working in the coal industry ‘for decades to come’

• Get our free news app; get our morning email briefing

The prime minister, Scott Morrison, has ruled out adopting a more ambitious 2030 emissions reduction target, dismissing calls from moderate MPs who want Australia to revisit its commitment at next year’s UN climate summit.

Under the Glasgow pact arising from this month’s Cop26 summit, Australia was a signatory to a joint “request” for countries to re-examine and strengthen 2030 targets when countries return to the negotiating table at Cop27 in Egypt.

Continue reading...

Stabilising Earth’s climate depends on a lot more than deals struck at conferences like Glasgow. But those agreements set a frame for real-world decisions. Frank Jotzo, Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University Licensed as Creative Commons – attribution, no derivatives.