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‘From denial to delay’: a forehead-slapping week in Australian climate policy
Australia sees a high-profile show of political backing for gas even as world leaders and investors exert pressure to shift away from fossil fuels
It took a major international investment group with $279bn under its control to break through the climate-laden rhetoric of geopolitics last week.
You may not have heard of Robeco Institutional Asset Management, but on Thursday the Netherlands-based asset manager made a stunning declaration, singling out Australia as a country with a “particularly high-risk profile” that it wants to pressure to transition out of fossil fuels.
Continue reading...NSW waives stamp duty on EVs and spends $171m on chargers throughout the state
Industry says New South Wales is ‘up there with best global practice’ as environment minister aims for 52% of new car sales by 2030-31
The New South Wales government will waive stamp duty on electric vehicle purchases and provide subsidies for 25,000 new purchases as part of a $490m strategy to drive uptake of EVs.
Under the plan announced on Sunday, people buying battery and hydrogen fuel cell vehicles priced under $78,000 from 1 September will pay no stamp duty, and $3,000 rebates will be available on the same day for the first 25,000 private purchases of electric vehicles priced under $68,750.
Continue reading...Eton v the sea trout: college’s land sale sparks fears of river pollution
Controversial plan to build 3,000 houses in Sussex will have ‘catastrophic impact’ on environment, say wildlife campaigners
Two of the UK’s oldest institutions – Eton College and trout fishing – are heading for an unexpected, watery confrontation. The battle has been sparked by an announcement by the £42,000-a-year boarding school that it plans to sell off 500 acres of East Sussex for a massive housing development. The move has triggered widespread anger, with infuriated members of the fishing community arguing that the proposal is a threat to one of the most important spawning grounds of the sea trout in England.
The proposed 3,000-house new town would be built at North Barnes Farm, near East Chiltington, at the edge of the South Downs National Park. The Bevern stream, part of the River Ouse catchment area, runs through the land and is a nationally important spawning ground for sea trout.
Continue reading...CP Daily: Friday June 18, 2021
Can old traditions and tech help Singapore reach zero waste?
British Columbia forestry offset protocol would render projects unviable -stakeholders
The whale sentinel: two decades of watching humpback numbers boom
After more than 20 years watching from the cliffs of Botany Bay, Wayne Reynolds’ passion is having tangible results
He may have seen it tens of thousands of times before but when Wayne Reynolds spots a whale emerging from the water, he reacts with the excitement of a child pointing out a rollercoaster at an amusement park.
“Oh wow, there’s a minke and her calf,” he yells out with boyish enthusiasm from the rocky cliff at Potter Point in Kurnell, in Sydney’s south. “I just go into auto-mode, I can’t help it.”
Continue reading...Net zero by 2050? Over our dead body, bolshie Nationals tell Scott Morrison | Katharine Murphy
The ‘new energy economy’ unfolding all around us is once again hostage to Australia’s gruesome, internecine climate change politics
On Thursday morning, shortly after the resources minister, Keith Pitt, finished his “net zero by 2050: not on your nelly” sortie on the ABC, the governor of the reserve bank, Philip Lowe, touched down in Queensland Nationals country.
Lowe went to Toowoomba to deliver a keynote address at the Australian Farm Institute conference. The speech was principally about household debt, house prices and whether Australians could ever expect a pay rise. But during the questions that followed the presentation, the RBA governor was asked about decarbonisation in the agriculture sector.
Continue reading...WCI auction volume edges down slightly for August auction, with further reductions expected for Q4
High greenhouse gas emitters should pay for carbon they produce, says IMF
Companies should be subject to globally agreed carbon floor price to reach Paris climate goals
Companies with high greenhouse gas emissions should be subject to a carbon price of $75 a tonne of carbon dioxide, the International Monetary Fund has said, as a way of reaching the goals of the Paris climate agreement.
A carbon floor price would mean that companies, including energy generators and heavy industries, would have to pay for the carbon they produce. At present, many countries and regions have their own carbon pricing systems, but there is no globally agreed carbon price.
Continue reading...US Carbon Pricing and LCFS Roundup for week ending June 18, 2021
Euro Markets: EUAs rebound on power gains to limit weekly loss to 1.5%, UKAs trade at discount
Strong carbon price “a core element” of building decarbonisation, says think-tank
Asistente en Comunicacion, Programa UN-REDD – Asuncion, Paraguay
Asociado(a) Gestion del Conocimiento, Programa UN-REDD – Asuncion, Paraguay
Coordinador de Proyecto Pago Basado en Resultados de REDD (RBP), Programa UN-REDD – Asuncion, Paraguay
Especialista en Economia y Finanzas Sostenibles, Programa UN-REDD – Asuncion, Paraguay
SK Market: KAUs extend losses in rush to avoid cancellations
The week in wildlife – in pictures
The best of this week’s wildlife pictures, including courting gannets and sleeping elephants
Continue reading...Analysts see initially modest China carbon price rapidly rising after 2025
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