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Coalition climate target consistent with more than 3C global heating, research says

The Guardian - Fri, 2022-05-06 03:30

Labor’s emissions targets are in line with 2C of heating, which would still lead to extreme heat events and the destruction of the Great Barrier Reef

The Morrison government’s climate change commitments are consistent with more than 3C of global heating, bordering on 4C, a level that would lead to catastrophic damage across the planet, according to a new analysis.

Labor’s climate target was found to be consistent with about 2C of heating above pre-industrial levels. Both would be expected to lead to the loss of tropical coral reefs, including the Great Barrier Reef, and a significant rise in the number of extreme heat events in Australia, assuming other countries took equivalent action.

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CBL platform sees record carbon credit volumes trade in Q1

Carbon Pulse - Fri, 2022-05-06 03:21
A record volume of carbon credits traded on Xpansiv market’s CBL platform in Q1, although activity dropped sharply in April, the company announced Thursday.
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Nasa climate research scientist awarded World Food prize

The Guardian - Fri, 2022-05-06 03:05

Cynthia Rosenzweig wins prize in recognition of her modeling of the climate crisis’ impact on food production

A Nasa climate research scientist who has spent much of her career explaining how global food production must adapt to a changing climate was awarded the World Food prize on Thursday.

Cynthia Rosenzweig, an agronomist and climatologist, was awarded the $250,000 prize in recognition of her innovative modeling of the impact of climate change on food production. She is a senior research scientist at the Nasa Goddard Institute for Space Studies and serves as adjunct senior research scientist at the Columbia Climate School at Columbia University, both based in New York.

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Carbon forest tech firm Pachama secures $55 mln in latest fundraise

Carbon Pulse - Fri, 2022-05-06 02:45
California-based tech firm Pachama on Thursday announced it has raised an additional $55 million to develop forest offset projects and technologies that unlock the potential of nature, the latest instance of massive investment sums flowing into the voluntary carbon market (VCM).
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EU’s carbon removals ideas welcomed, provided GHG cuts are prioritised

Carbon Pulse - Fri, 2022-05-06 02:38
Stakeholders have largely welcomed the European Commission’s initiative to develop a carbon removal certification mechanism, so long as emissions cuts remain the EU's priority and the bloc clarifies the relationship between removals, the EU ETS, and the voluntary carbon market.
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China ramps up coal funding amid energy security concerns

Carbon Pulse - Thu, 2022-05-05 22:10
China’s central bank is ramping up its support for the coal industry in a latest sign that energy security concerns are currently overriding climate policy priorities for the world's top greenhouse gas emitter.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-05-05 22:05
EUA prices rose above €91 for the first time in ten weeks as technical buying emerged after the market broke through a key resistance level, while energy markets continued to advance amid the prospects of a ban on Russian oil.
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Utilities Enel, EDP report surge in ETS-covered fossil output in Q1 on low hydro

Carbon Pulse - Thu, 2022-05-05 20:47
Italy’s Enel and Portugal’s EDP both reported a surge year-on-year in ETS-covered fossil generation in Q1 2022 due to weak hydro production and a rise in demand, according to quarterly reports.
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Election adds uncertainty to fate of PNG’s ban on voluntary market REDD+

Carbon Pulse - Thu, 2022-05-05 20:25
The longer-term fate of Papua New Guinea’s moratorium on new REDD+ projects for the voluntary market hangs in the balance amid a complex domestic political situation, with next month’s election adding to uncertainty over whether the government will lift the ban by 2023, as some have speculated.
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Over half of child car seats have toxic flame retardants and PFAS – US study

The Guardian - Thu, 2022-05-05 20:00

Analysis conducted by the Ecology Center also finds all car seats under $100 contain either PFAS or flame retardant

More than half of children’s car seats tested for toxic flame retardants and PFAS contain the dangerous substances, a new report in the US has found.

The analysis, conducted by the Ecology Center, an environmental and consumer advocacy group, also found all car seats costing under $100 contained either PFAS or flame retardant, which means lower-income children are more likely to be exposed.

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Crumbly curlew eggs may pose another threat to species, say UK scientists

The Guardian - Thu, 2022-05-05 19:53

Investigation launched after half of eggs from endangered wading bird in small study found to have fragile shells

A scientist has started a national investigation into curlews, after noticing in a small-scale study that some of the eggs being laid by the endangered birds were unusually fragile and crumbly.

If it emerges that the problem is widespread, the fragile eggs could pose a grave risk to the future of the species, which has declined significantly in Scotland, England and Wales and by 42% between 1995 and 2008 in the UK overall.

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Australia’s Woodside to launch pilot project to convert GHGs to ethanol

Carbon Pulse - Thu, 2022-05-05 19:48
Australian oil and gas company Woodside plans to develop a carbon-to-products pilot project with the use of technologies being developed by two US-based companies, it announced on Thursday.
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Think tank calls for complete overhaul of troubled Emissions Reduction Fund

RenewEconomy - Thu, 2022-05-05 19:33

Federal energy and emissions reduction minister Angus Taylor - aapThe Australia Institute calls on major parties to overhaul troubled Emissions Reduction Fund, after doubts raised over carbon offset integrity.

The post Think tank calls for complete overhaul of troubled Emissions Reduction Fund appeared first on RenewEconomy.

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US start-up sells another $10 mln of tokenised VCM credits

Carbon Pulse - Thu, 2022-05-05 18:00
A US-based technology start-up has pre-sold at least $14 million of its tokens backed by nature-based offsets, after striking a deal to sell at least $10 mln worth of credits to a mobile blockchain platform, it announced Thursday.
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Flying insect numbers have plunged by 60% since 2004, GB survey finds

The Guardian - Thu, 2022-05-05 15:30

Scientists behind survey of car number plates said drop was ‘terrifying’, as life on Earth depends on insects

The number of flying insects in Great Britain has plunged by almost 60% since 2004, according to a survey that counted splats on car registration plates. The scientists behind the survey said the drop was “terrifying”, as life on Earth depends on insects.

The results from many thousands of journeys by members of the public in the summer of 2021 were compared with results from 2004. The fall was highest in England, at 65%, with Wales recording 55% fewer insects and Scotland 28%.

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Australia’s biggest industrial players are focusing on climate solutions – why isn’t the political debate? | Temperature Check

The Guardian - Thu, 2022-05-05 15:21

Tomago Aluminium previously said shifting away from coal could lead to blackouts – now it’s publicly embracing renewables in the middle of an election campaign

One of the most striking statements on climate change during the election campaign has come from an unlikely source – the owner of the country’s most power-hungry industrial plant.

Tomago Aluminium, near Newcastle, consumes about 11% of all power generation in New South Wales. For years, its management has warned about the economic impact of policies to cut Australia’s greenhouse gas emissions.

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Leading scientist calls for Great Barrier Reef coral bleaching report to be released before election

The Guardian - Thu, 2022-05-05 15:17

‘We’re not supposed to live in a secret society,’ expert says after agency delays publishing maps of damage

One of the world’s leading coral reef scientists has called on the agency responsible for managing the Great Barrier Reef to release maps showing the extent of coral bleaching, after a key report was delayed with no reason given.

Aerial surveys of the sixth mass bleaching on the Great Barrier Reef were completed in March and are yet to be released. Previous events have been published within two weeks of completion.

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‘Canaries in the coalmine’: loss of birds signals changing planet

The Guardian - Thu, 2022-05-05 15:00

Billions of birds are disappearing because of humanity’s impact on Earth, global review finds

The world’s birds, described as the planet’s “canaries in the coalmine”, are disappearing in large numbers as the colossal impact of humanity on the Earth grows, a global review has found.

There are about 11,000 species of bird spanning the globe, but the populations of half of them are falling, while just 6% are increasing. Their flight and song make them easier to study than many animals, meaning they are the best studied large group.

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Greens join push to kick gas, with $235 million “electrify everything” pilot

RenewEconomy - Thu, 2022-05-05 14:45

Australian Greens leader Adam Bandt at the Smart Energy Expo in Sydney.Greens launch "electrify everything" pilot plan, with funding to shift an entire residential suburb and regional town off gas and onto electricity.

The post Greens join push to kick gas, with $235 million “electrify everything” pilot appeared first on RenewEconomy.

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Network companies seek non-network solutions to peak demand problems

RenewEconomy - Thu, 2022-05-05 14:11

Network companies make unprecedented appeal to third-party companies to provide smarter, cleaner and cheaper ways to manage peak demand.

The post Network companies seek non-network solutions to peak demand problems appeared first on RenewEconomy.

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