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Funding is intended to help countries protect their people from the climate breakdown

People in some of the world’s poorest countries are receiving as little as $1 each a year to help them cope with the impacts of the climate crisis, despite rich countries’ promises to provide assistance.

Climate finance is intended to help developing countries cut greenhouse gases and protect their people from the consequences of climate breakdown, and forms a core part of the Paris agreement. Rich countries pledged more than 10 years ago to provide £100bn a year to the poor by 2020, but it is not certain that these commitments are being met.

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The US Department of Justice’s (DOJ) Constitutionally-based arguments against the California-Quebec carbon market linkage would vastly expand the government’s authority while presenting little legal precedent to do so, state officials wrote this week.

A study has called into question the measures to clamp down on the illegal wildlife trade.

South Australians forced to rebuild after their homes were destroyed in bushfires offered free battery storage through program backed by state Liberal government and battery manufacturer Sonnen.

The post S.A. government teams with Sonnen to offer free home batteries to bushfire victims appeared first on RenewEconomy.

Canada to introduce tax write-offs for all-electric off-road vehicles and other automotive equipment in effort to reduce carbon emissions in country’s mining sector.

The post Canada considers tax break for off-road EVs to tackle mining sector emissions appeared first on RenewEconomy.

The fourth sale held by the World Bank’s Pilot Auction Facility (PAF) resulted in the procurement of 4.2 million tonnes of methane offsets, the bank announced Wednesday.

EUAs rose on Wednesday after the first UK auction for over a year cleared above market, inspiring bullish sentiment even as financial markets continue to weigh the severity of the Covid-19 coronavirus outbreak.

California fuel consumption sagged further below the previous year’s total as diesel demand declined in November, likely cutting ETS-covered emissions compared to 2018, state data published this week suggested.

US biofuel credit (RIN) values continued to retrace on Wednesday as EPA Administrator Andrew Wheeler said the agency was looking at strategies to limit price volatility under the Renewable Fuel Standard (RFS).

Addressing MEPs in Brussels, the activist accused the EU of "pretending to be a climate leader".

Amazon could turn into source of CO2 in atmosphere by next decade, research suggests

Tropical forests are taking up less carbon dioxide from the air, reducing their ability to act as “carbon sinks” and bringing closer the prospect of accelerating climate breakdown.

The Amazon could turn into a source of carbon in the atmosphere, instead of one of the biggest absorbers of the gas, as soon as the next decade, owing to the damage caused by loggers and farming interests and the impacts of the climate crisis, new research has found.

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Scientists quantify the role played by warming in the country's recent bushfires.

The European Commission unveiled its much-anticipated climate law to bind the EU to a net zero 2050 emission goal on Wednesday, pledging to add in a higher 2030 target later this year.

The chart below shows how European carbon prices have outperformed the rest of the energy complex so far this year. EUAs are down just 1.7% since January 1, while coal, oil, natural gas and power have all fallen between 7% and 21%.

Frans Timmermans calls for bloc to legislate so it does not lose track of net zero target

Tensions at the Greek-Turkish border and the coronavirus show why the European Union needs a climate law that binds member states to net zero emissions by 2050, the EU’s top official on climate action has said.

Frans Timmermans, a European commission vice-president who leads on the climate emergency, said the different crises facing Europe underscored the need for a climate law in order not to lose track of reducing emissions.

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Futaba to reopen for start of Olympic torch relay after being deserted for nine years

Japan has lifted an evacuation order for parts of a town in the shadow of the wrecked Fukushima Daiichi nuclear power plant, weeks before the area is to host the start of the Olympic torch relay.

Futaba, 2.4 miles (4km) west of the plant, has been almost deserted since the nuclear meltdown nine years ago, while other areas in the region have mounted a partial recovery after the government declared them safe for residents.

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Australia's largest telecom to set 'good example' for Australian corporates, will immediately go carbon neutral and sets 100% renewables target for 2025.

The post Telstra dials up climate commitments, will go 100 per cent renewable by 2025 appeared first on RenewEconomy.

China’s National Energy Administration (NEA) has loosened restrictions on building new coal-fired power plants in around a third of the nation’s regions and provinces.

Solar farms and wind farms across the NEM hit by deeper transmission losses, although there is a reprieve for some.

The post Solar projects, some wind farms hit by more transmission downgrades appeared first on RenewEconomy.

Oil and gas producer Santos has said it will seek government support in the form of carbon crediting as part of a funding strategy for a carbon capture and storage project that may eventually store up to 20 MtCO2e annually over half a century.