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Bowen says “Australia is back” on climate, but it’s also still lagging well behind

RenewEconomy - Wed, 2022-09-21 12:54

Federal minister for Climate Change Chris Bowen speaks to media during a press conference at Parliament House in Canberra. (AAP Image/Lukas Coch)As Labor's energy minister assures that "Australia is back" on climate action, a major new report details just how far behind we are on meeting key benchmarks.

The post Bowen says “Australia is back” on climate, but it’s also still lagging well behind appeared first on RenewEconomy.

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We helped fill a major climate change knowledge gap, thanks to 130,000-year-old sediment in Sydney lakes

The Conversation - Wed, 2022-09-21 12:48
80% of carbon on land in stored in soil. Our new research investigated how erosion transports this carbon to the bottom of lakes, where it’ll never be released into the atmosphere. Alexander Francke, Research Fellow, University of Adelaide Anthony Dosseto, Professor, University of Wollongong Haidee Cadd, Research associate, University of Wollongong Tim Cohen, Associate Professor and ARC Future Fellow, University of Wollongong Licensed as Creative Commons – attribution, no derivatives.
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Firms join forces to combat racism in chemistry

BBC - Wed, 2022-09-21 10:40
Leading firms launch a scheme to help black and minority ethnic students get jobs as chemistry researchers.
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A VNI West puzzle: What is it about this modelling that looks a bit odd?

RenewEconomy - Wed, 2022-09-21 09:29

transmission towersThe Project Assessment Draft Report for the Victoria to NSW Interconnector predicts some confounding outcomes for the project – even before it is built.

The post A VNI West puzzle: What is it about this modelling that looks a bit odd? appeared first on RenewEconomy.

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Australia’s emerging renewables “engine room” needs help to shift from coal

RenewEconomy - Wed, 2022-09-21 08:30

A former coal hub, the central Queensland electorate of Flynn, needs government help to train up workers and prepare for a flood of energy transition industries.

The post Australia’s emerging renewables “engine room” needs help to shift from coal appeared first on RenewEconomy.

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Blocking EU ETS access for financials risks reducing liquidity, raising costs for industrials –industry groups

Carbon Pulse - Wed, 2022-09-21 08:01
A coalition of eight European business associations has called on the EU not to limit participation in the bloc’s emissions market, saying that blocking financial institutions from trading EUAs would reduce liquidity, raise the risk of auctions failing and raise costs for industrial companies.
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US forest group receives $35 mln federal grant to leverage smallholder VER programme

Carbon Pulse - Wed, 2022-09-21 07:50
A US-based conservation organisation on Monday announced it has gained funds from President Joe Biden’s administration to help extend the reach of its forest carbon offset programme for small landowners.
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Half of Western Sydney foodbowl land may have been lost to development in just 10 years

The Conversation - Wed, 2022-09-21 06:20
Growing fresh produce on the outskirts of a city reduces food miles and increases food security. But the foodbowls next to our our big cities are fast losing their land to urban growth. Nicky Morrison, Professor of Planning and Director of Urban Transformations Research Centre, Western Sydney University Awais Piracha, Associate Professor of Urban Planning, Director Academic Programs, Geography Tourism and Urban Planning, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
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Danish-based alliance seeks seven fold boost to offshore wind to 380GW by 2030

RenewEconomy - Wed, 2022-09-21 06:16

Danish-based initiative seeking to drive a seven fold increase in installed global offshore wind capacity to 380GW - from 57GW - by 2030.

The post Danish-based alliance seeks seven fold boost to offshore wind to 380GW by 2030 appeared first on RenewEconomy.

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Airline leasing firm invests in offsets to help clients meet climate obligations

Carbon Pulse - Wed, 2022-09-21 05:45
The world's second largest aircraft leasing firm will start offering its airline customers carbon credits in its leasing contracts and plans an initial $53.3 million investment to source carbon credits from cookstove projects.
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Insurer Aon partners with nature project financier to help ease developer risks

Carbon Pulse - Wed, 2022-09-21 05:44
Aon on Tuesday announced plans to become the first major insurance provider to partner with a project financier to help de-risk nature-based projects vulnerable to fire and other perils.
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LCFS Market: California prices dive to 5-year low as selling pressure persists

Carbon Pulse - Wed, 2022-09-21 05:03
California Low Carbon Fuel Standard (LCFS) credit values declined to a five-year low on Monday afternoon before swiftly rebounding, although sell-side pressure continues to influence the clean fuels market.
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VCM Report: Dearth of fresh issuance lifts nature-based offsets, but liquidity still thin

Carbon Pulse - Wed, 2022-09-21 04:12
A dearth of REDD recent-vintage issuance coupled with news of a slight year-on-year increase in offset retirement levels helped push up nature offset prices over the week, although liquidity remained thin.
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New York City not pursuing cap-and-trade for building sector GHG goals

Carbon Pulse - Wed, 2022-09-21 03:52
New York City's plan to rapidly slash emissions from its buildings will not include a cap-and-trade option, even as a study required by the Big Apple’s climate law showed benefits of adopting such a mechanism, according to municipal government documents.
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Researchers estimate there are 2.5m ants for every human across the planet

The Guardian - Wed, 2022-09-21 03:44

The analysis is based on 489 studies of ant populations spanning every continent where the insects live

The world’s human population is forecast to surpass 8bn in the coming months. Compared with ants, that is a mediocre milestone.

Researchers have made the most thorough assessment to date of the global population of ants and the estimated total is a mind-blowing 20 quadrillion of them, or approximately 2.5 million for every human.

Continue reading...
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Leaked draft shows EU states seek opt-outs to windfall levies, as nations mull alternatives to MSR sales

Carbon Pulse - Wed, 2022-09-21 03:14
EU nations are seeking opt-outs to a mandatory revenue cap for non-gas power producers, according to a leaked draft seen by Carbon Pulse on Tuesday, while Bloomberg reported that ministers were still considering alternative ETS auction revenues to fund the RePowerEU plan.
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HS2 wins route-length High Court injunction

BBC - Wed, 2022-09-21 02:04
A judge grants an 'extensive' injunction in order to prevent access without permission to HS2 land or disruption taking place to its construction.
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Salesforce introduces platform to buy rated carbon credits

Carbon Pulse - Wed, 2022-09-21 01:07
US software giant Salesforce launched its Net Zero Marketplace on Tuesday, offering carbon credits vetted by third party ratings agencies while also announcing its inaugural providers and other partners.
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UN chief: 'Tax fossil fuel profits for climate damage'

BBC - Tue, 2022-09-20 23:30
Tax fossil fuel companies' profits to pay for the damage done by climate change, says UN Secretary General.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-09-20 21:56
EUA prices shook off the bearish implications of reports the EU is considering boosting near-term allowance sales to post healthy gains on Tuesday morning amid a better-than-average auction result, while energy markets weakened for a third day.
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