Feed aggregator

A daily summary of our news plus bite-sized updates from around the world.

A US science institute is on the verge of achieving a longstanding goal in nuclear fusion research.

Andrew Forrest says green hydrogen market could be worth $16 trillion, and says fossil fuel hydrogen backed by Australian government is a "smokescreen".

The post Forrest says green hydrogen market could be worth $16 trillion by 2050 appeared first on RenewEconomy.

Commodity trading house Glencore has hired a veteran environmental products expert in London to help build its growing global carbon trading business, which includes new hires in Asia.

CEFC looking at opportunities in green hydrogen after a year of big grid and big battery investments, and as it looks for "harder to abate" sectors.

The post CEFC readies for big plunge into hydrogen after landmark battery and grid deals appeared first on RenewEconomy.

Quebec’s environment ministry (MELCC) is working to develop a draft later this year to expand the agency's existing livestock protocol, with the announcement coming amid a flurry of activity from the Canadian province on new and proposed compliance offset methodologies.

Not all Australian native species belong in all Australian environments. In fact, many Australian plant species have become pests in places far from their original homes. Could some be in your garden? Singarayer Florentine, Professor (Restoration Ecologist), Federation University Australia Licensed as Creative Commons – attribution, no derivatives.

US biofuel credit (RIN) values have remained rangebound over much of August on a lack of drivers and as market participants await the release of this year’s biofuel quotas under the Renewable Fuel Standard (RFS).

Researchers capture some of the most detailed images ever seen of galaxies in deep space.

Finnish energy company Fortum is on track to meet its own climate targets after striking a deal to sell coal assets, the company said in results on Tuesday despite reporting a major rise in emissions.

California regulator ARB will ask for stakeholder feedback on Tuesday about whether to set a more ambitious 2030 carbon abatement goal during the 2022 Scoping Plan process, while also contemplating other mechanisms to drive emissions reductions in the Golden State.

Extreme weather events widen existing inequalities and traumatise victims while climate anxiety affects mental health

Medical students are demanding their schools include the climate crisis as a core component of the curriculum, as the intensifying climate emergency highlights the corresponding health crisis.

Hannah Chase, a final year medical student at Oxford said the sense of urgency hit home recently when a fellow student confessed they didn’t believe in climate change. “It just shows that we make such assumptions,” said Chase. “It’s needed, this education.”

Continue reading...

EUAs struggled to overcome their recent high in early Tuesday trading, while natural gas prices shrugged off early losses triggered by reports of increased flows of Russian gas into Europe.

The fate of a planned line from Uganda to Tanzania will be the first test of whether anyone was listening to António Guterres’ call to end fossil fuels

If there is one world leader trying to look out for the planet as a whole, not just their own nation, it’s the UN secretary general. Last week, António Guterres was resolute in the wake of the damning report from the IPCC on the perilious climate crisis. It should, he said, sound “a death knell for coal and fossil fuels, before they destroy our planet”.

He called for an end to “all new fossil fuel exploration and production”, and told countries to shift fossil fuel subsidies into renewable energy.

Continue reading...

The Beijing municipal government on Tuesday unveiled a five-year plan for hydrogen, which included developing a methodology to allow clean hydrogen to earn carbon offsets.

Experts warn of potential for disaster as Exxon pursues 9bn barrels in sensitive marine ecosystem

ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to adequately prepare for possible disaster, the Guardian and Floodlight have found.

Exxon has been extracting oil from Liza 1, an ultra-deepwater drilling operation, since 2019 – part of an expansive project spanning more than 6m acres off the coast of Guyana that includes 17 additional prospects in the exploration and preparatory phases.

Continue reading...

Developer South Pole has partnered with a local community group to establish nature-based offset projects in New South Wales, Australia.

China is hopeful institutional investors will be able to trade in the national emissions trading scheme by year-end, an exchange official told state media this week, a move considered vital to ignite the market’s liquidity.

The EU’s proposed carbon border adjustment mechanism (CBAM) will only have marginal impacts on Australian exports, and could even boost the country’s competitiveness in Europe in the near term, the Australian industry (Ai) Group said Tuesday.

China’s national emissions trading scheme could drive reductions of 30-60% of the nation’s current carbon output by 2060, though is unlikely to have much impact in the near term, found a report released Tuesday.