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Big Oil accused of putting profits ahead of the planet, as it hands out windfall gains to shareholders and winds back green energy plans in face of tumbling temperature records.

The post Big oil hands huge windfall gains to shareholders as Northern summer burns appeared first on RenewEconomy.

Temperature records only go back to the 19th century, but they tell a very clear story: it’s getting hotter – and we’re causing it

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With the planet seeing record-breaking temperatures, and after more than 100 million people in the US were placed under heat warnings, now seems the perfect time for climate change contrarians to tell their readers that it’s all overblown hype.

Heatwaves? Not as bad as they used to be. Wildfires? They’re on the decline.

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Another forestry-based California Carbon Offset (CCO) project in neighbouring Oregon will be cancelled after wildfires ravaged the site several years ago, according to a media report Wednesday, which would make it the second improved forest management (IFM) undertaking in the Beaver State to fold.

All four Tasmania wind farms had capacity factors of between 50 and 60 per cent in a blowy and record-setting July.

The post Tasmania blows down wind energy records in July, Queensland shines with solar appeared first on RenewEconomy.

The Oregon Clean Fuels Program (OCFP) slipped back into net quarterly credit drawdowns during the first three months of the year, as new highs in quarterly gasoline deficits beat out record renewable diesel volumes, according to state data published Tuesday.

Mandates and regulations must accompany the clean energy incentives provided by the Inflation Reduction Act (IRA) in order for the US to hit its Paris Agreement GHG reduction commitment, according to analysis published Wednesday.

CO2 output under the Massachusetts Global Warming Solutions Act (GWSA) cap-and-trade system remained at three-year lows through the second quarter of 2023, according to data updated this week.

Interest in bird feeding surged soon after COVID lockdowns began in more than 100 countries. While this activity boosts people’s wellbeing, care must be taken to ensure it’s also good for the birds. Darryl Jones, Deputy Director of Environmental Futures Research Institute, Griffith University Licensed as Creative Commons – attribution, no derivatives.

Australia should revisit introducing the much debated carbon tax according to a new study that finds it can have both economic and environmental benefits. Mona Mashhadi Rajabi, Postdoctoral Research Fellow, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.

DelAgua is looking for an experienced carbon markets professional who has worked across carbon standards and registries. Preference for this position would be for the candidate to relocate to Rwanda but we would be willing to consider a hybrid/remote role for an exceptional candidate and if their working time zone is suitable.

Germany’s plans to put its domestic carbon price for buildings and transport back on its pre-energy crisis upward trajectory are in question amid a ministerial clash, Bloomberg reported on Wednesday, citing anonymous sources.

The south-western Japanese islands of Okinawa were hit by Typhoon Khanun on Wednesday, grounding flights and forcing local authorities to issue evacuation orders across the area. Khanun is the third typhoon to hit the east Asia region in recent weeks, following Talim and Doksuri, and registered wind speeds above 110mph, according to Japan's meteorological agency. A third of homes in Okinawa are believed to have had their power cut off because of the storm

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Covid-19 restrictions ushered in worldwide avian enthusiasm, with potential wellbeing benefits

Interest in wild bird feeding surged over the pandemic, a study has found.

Researchers used data from Google Trends to assess the weekly frequency of searches for terms including “bird feeder”, “bird food” and “bird bath” from January 2019 to May 2020. After two weeks of lockdown, there was a dramatic increase in bird-related searches.

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Cross-border loans from public banks could become a key driver of investment in gas-fired power plants in the Global South, researchers said in a report published on Wednesday that flagged signs of interest in fossil fuel financing caused by Russia's war of aggression against Ukraine. 

Direct ocean carbon capture using membrane contactors that bring a solvent into contact with seawater to siphon off the CO2 offers a promising way to capture carbon from the ocean, which is at levels around 50 times greater than the amount in the atmosphere and providing a focus for several developers of innovate climate mitigation projects.

The market for UK peatland restoration projects is growing fast but needs clear parameters in the way of more regular verifications, contractual obligations, and better reporting guidelines for businesses in order to improve market liquidity and carbon credit sales.

Marina Silva welcomes progress but says climate crisis means upcoming regional summit needs to produce real action

Deforestation in the Brazilian Amazon fell by at least 60% in July compared to the same month last year, the environment minister, Marina Silva, has told the Guardian.

The good news comes ahead of a regional summit that aims to prevent South America’s largest biome from hitting a calamitous tipping point.

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Juvenile killer whales in the Atlantic are learning a dangerous game by copying adults.

Rising ocean temperatures caused by climate crisis are also said to be causing China’s extreme weather

Summers in China are often wet, sometimes very wet, but nothing like the drenching that has engulfed Beijing and its neighbouring provinces this week.

As Beijing authorities lifted the flood alert on Wednesday morning, after the city’s heaviest rainfall for 140 years, 21 people across the region were confirmed dead. Dozens more were missing.

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Failed states, a rise in authoritarian politics and heightened risks of conflict among potential threats outlined in thinktank’s assessment

Australia must prepare for “devastating” climate-fueled disruption in the Asia-Pacific, including failed states, forced migration and regional conflicts over water shortages, a stark briefing for federal politicians warns.

The Breakthrough National Centre for Climate Restoration thinktank has summarised the potential threats and impacts of the climate crisis in a note targeted at MPs.

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