Around The Web
EUA investment case growing stronger as market faces shortfalls, increased demand, fund says
EU makes plans to force companies to say more about their carbon credit use
Cookstove hot air concerns shared by rating agency, although proponents hit back
Decline of more than 500 species of marine life in Australian reefs ‘the tip of the iceberg’, study finds
Increasing ocean temperatures present ‘existential threat’ with knock-on effects for ecosystems and commercial fisheries, researchers say
More than 500 common species of fish, seaweed, coral and invertebrates that live on reefs around Australia have declined in the past decade, a study has found, as experts warn “not all is well in the ocean”.
Global heating was likely the main driver of the falls, with marine heatwaves and a rise in ocean temperatures hitting species that live on rocky and coral reefs.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundupContinue reading...
Global carbon allowance revenues rise 9% to $63 bln record in 2022 -report
Birds of Australia: Elizabeth Gould’s stunning illustrations – in pictures
The Australian Museum’s new multimedia exhibition, The Birds of Australia, traces the journey of the 19th-century naturalist and ornithologist John Gould and his wife, illustrator Elizabeth Gould, as they travelled through New South Wales and recorded the unique birdlife, identifying hundreds of species new to western science
- The Guardian and Birdlife Australia’s bird of the year returns later in 2023
- The common and scientific names in brackets reflect the current taxonomy
Burrowing badgers halt train services in the Netherlands
Dutch authorities try to tempt out animals, which dig setts under quiet and raised train embankments
Leaves on the tracks, signal failures and strikes can all cause train delay headaches, but commuters in the Netherlands are facing railway havoc caused by badgers burrowing under the lines, with authorities struggling to tempt the protected animals out.
In the densely populated country, there is limited natural space for the country’s 7,000 badgers. They often dig out their homes, or setts, under relatively “quiet” train embankments, which are ideally situated away from people and also slightly raised, which prevents the sett from flooding.Continue reading...
Pressure grows on shipping industry to accept carbon levy
World Bank among those urging levy to fund climate action in developing world and encourage fleets to upgrade
Pressure is growing on the international shipping industry to accept a carbon levy on ships that would fund climate action in the developing world, with the World Bank among those pushing for the measure at a crucial international meeting this week, the Guardian has learned.
A levy on the greenhouse gas emissions produced from shipping would encourage companies to upgrade their fleets, run them more efficiently and seek cleaner fuels and technologies.Continue reading...
Euro Markets: Midday Update
Bank says govt regulations needed to ensure well-functioning voluntary biodiversity credit market
Birdwatchers elated as Alpine swifts flock to Britain and Ireland in rare numbers
Funnel of south-westerly winds help push birds towards Irish coast and UK mainland as far north as Scotland
An “unprecedented” influx of alpine swifts has been reported by birdwatchers across Britain and Ireland.
Dozens of these migrating birds, which usually fly thousands of miles from sub-Saharan west Africa to southern Europe to breed at this time of year, have been spotted around the Irish coast as well as in parts of Wales, England and even as far north as Scotland.Continue reading...
A radical climate strategy emerges: charge big oil firms with homicide
Authors of paper accepted for publication in Harvard Environmental Law Review argue firms are ‘killing members of the public at an accelerating rate’
Oil companies have come under increasing legal scrutiny and face allegations of defrauding investors, racketeering, and a wave of other lawsuits. But a new paper argues there’s another way to hold big oil accountable for climate damage: trying companies for homicide.
The striking and seemingly radical legal theory is laid out in a paper accepted for publication in the Harvard Environmental Law Review. In it, the authors argue fossil fuel companies “have not simply been lying to the public, they have been killing members of the public at an accelerating rate, and prosecutors should bring that crime to the public’s attention”.Continue reading...
DRC province signs jurisdictional REDD+ deal for peatland carbon sequestration
New Zealand to search for gross emissions reductions potential in new ETS review
Global energy firm seals deal for 11.5 mln cookstove carbon credits using new MRV tech
Somalis are dying because of a climate crisis they didn’t cause. More aid isn’t the answer | Abdirahman Abdishakur
Despite billions spent on the humanitarian response, Somalia faces another year of drought and hunger. We desperately need money, but it needs to be better spent
In Somalia, we are climate-vulnerable, yet we barely contribute to climate emissions. If we are to cope, we need justice in the form of financing.
We’ve seen droughts, but never six consecutive failed rainy seasons. We’ve known displacement, but never 3 million internally displaced people. We were at the brink of famine in October last year, we narrowly averted it, and we’re facing similar conditions today, with 8.3 million people needing urgent assistance.Continue reading...
StoneX teams up with ACX to create digital carbon marketplace in the US
Australian philanthropist launches initiative pairing NGOs with business to unlock green investment
Water firms focused on returns at expense of environment, say peers
Lords committee criticises Ofwat for failing to ensure firms invested enough in sewage network
Water companies have been too focused on maximising financial returns at the expense of the environment, a House of Lords committee has found.
The investigation by peers into the regulation of the privatised water industry found Ofwat, the regulator, had chosen to keep bills low for customers at the expense of investment in the industry, which is now sorely lacking.Continue reading...
Drought threatening British moth species with local extinction
Some species of insect no longer being seen in areas that are becoming drier and hotter
Drought is threatening some British moth species with local extinction, a study has found, as the insects are no longer being seen in areas which are becoming drier and hotter.
The new research, published today by wildlife charity Butterfly Conservation and Northumbria University, looked at data gathered over a 40-year period by volunteers of Butterfly Conservation’s National Moth Recording Scheme.Continue reading...