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Ex-Reddit boss’s $30 mln restoration deal may say more about investor appetite than new technology

Carbon Pulse - Wed, 2021-06-23 00:11
Terraformation, the restoration company co-founded last year by former Reddit CEO Yishan Wong, made headlines this month for offering ‘reforestation in a box’, but the real news may be that more investors are willing to put money into sustainable land practices.
Categories: Around The Web

Japex, J-Power take steps to generate JCM offsets from Indonesian CCS projects

Carbon Pulse - Wed, 2021-06-23 00:03
Japan Petroleum Exploration Co. (Japex) and major power company J-Power have signed separate agreements with Indonesia’s state-owned Pertamina to earn carbon credits under the Joint Crediting Mechanism from CCS projects.
Categories: Around The Web

Climate change: Stripes campaign 'started conversations'

BBC - Tue, 2021-06-22 23:54
Coloured graphics designed by a Reading academic represent changing temperatures over time
Categories: Around The Web

Gabon is first African country paid to protect its rainforest

BBC - Tue, 2021-06-22 23:34
It is the first African country to get money for reducing carbon emissions through forest protection.
Categories: Around The Web

Australia Market Roundup: Regulator mints 665,000 offsets as Nationals drama casts fresh doubt on net zero target

Carbon Pulse - Tue, 2021-06-22 22:09
Australia’s Clean Energy Regulator has issued almost 665,000 new carbon credits, while the optimism that Australia will set a 2050 net zero target this year – which some analysts say has been instrumental in pushing ACCU prices to record high levels – might be in question after the junior Coalition partner this week ditched its leader for being too pliant on climate.
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Senate delivers major blow to Taylor’s bid to redirect renewable energy funds to fossil fuel projects

RenewEconomy - Tue, 2021-06-22 21:28

parlview senate ARENA regulationsSenate issues major blow to Morrison government, rejecting Taylor's quest to open up ARENA funds for CCS and fossil hydrogen, blocking new regulations.

The post Senate delivers major blow to Taylor’s bid to redirect renewable energy funds to fossil fuel projects appeared first on RenewEconomy.

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Unesco: Great Barrier Reef should be listed as 'in danger'

BBC - Tue, 2021-06-22 20:38
Canberra lashes out as the UN says the reef should join a list of World Heritage Sites "in danger".
Categories: Around The Web

Australia opens for using carbon offsets in hydrogen GO scheme

Carbon Pulse - Tue, 2021-06-22 18:58
Australia is considering allowing the use of offsets to carbon neutralise hydrogen made from fossil fuels, it said in a discussion paper on a domestic hydrogen Guarantee of Origin (GO) scheme.
Categories: Around The Web

Great Barrier Reef timeline: decades of damage and Australia’s fight to stop ‘in danger’ listing

The Guardian - Tue, 2021-06-22 18:53

How a series of mass coral bleaching events linked to rising sea temperatures prompted calls for action ahead of world heritage committee meeting

The Great Barrier Reef has been under pressure for decades due to rising greenhouse gas emissions and other human activity, notably agriculture along the Queensland coast.

There were mass coral bleaching events linked to rising sea temperatures in 1998 and 2002.

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Petrol lead still exists in London air 22 years after ban

BBC - Tue, 2021-06-22 18:26
Up to 40% of lead in airborne particles comes from the legacy of leaded petrol, researchers say.
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Congo’s latest killer is the climate crisis. Doing nothing is unthinkable | Vava Tampa

The Guardian - Tue, 2021-06-22 18:17

Lake Tanganyika sustains life for millions but ever more erratic weather threatens the entire Congo

For thousands of years, Lake Tanganyika was an exquisite sight that soothed and supported generations of Congolese people. Those living by its shores in the Democratic Republic of the Congo (DRC) have snoozed in hammocks under the tropical sun, watching their children splash in Africa’s oldest, deepest and longest lake. In the evenings, when boats head out for fishing trips, local people would light campfires on the beaches to fry their catch and dance to rumba.

But in the past two months, storms, torrential rain and flooding have killed at least 13 people and destroyed 4,240 homes and 112 schools along the DRC’s Lake Tanganyika coast. In less than a generation, the stretch from Uvira to Moba, 250 miles long, has become a place of catastrophe for the local people, who are dependent on the lake for food, trade, transport and their livelihood.

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Categories: Around The Web

The Australian government wants to avoid the Great Barrier Reef being listed as ‘in danger’ at all costs| Imogen Zethoven

The Guardian - Tue, 2021-06-22 16:19

But the reef needs this listing to survive

This year is the 40th anniversary of the Great Barrier Reef being on the world heritage list. It should be a time to celebrate. Yet Unesco has released a draft report recommending the reef be put on a list of world heritage sites that are “in danger”.

Unesco has absolutely made the right decision. The reef is in danger. It is time for the Australian government to take ambitious climate action for the reef.

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Fortescue inks land deal for massive Tasmania green hydrogen project

RenewEconomy - Tue, 2021-06-22 15:32

Bell Bay Tasmania industrial district - canva - aapFortescue signs exclusive agreement with TasPorts to lock in a Bell Bay location for its massive 250MW green hydrogen project.

The post Fortescue inks land deal for massive Tasmania green hydrogen project appeared first on RenewEconomy.

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Yarranlea solar farm secures finance with Infradebt, on “merchant” basis

RenewEconomy - Tue, 2021-06-22 15:31

The operational 103MW Yarranlea solar farm developed by Risen Energy in Queensland’s Darling Downs region has announced the close of a senior debt facility.

The post Yarranlea solar farm secures finance with Infradebt, on “merchant” basis appeared first on RenewEconomy.

Categories: Around The Web

Queensland minister says UN warning on Great Barrier Reef status shows Morrison must act

The Guardian - Tue, 2021-06-22 15:17

Queensland environment minister Meaghan Scanlon says ‘the world is watching’ and more needs to be done to protect the reef from climate change

Queensland’s environment minister says UN officials recommending the Great Barrier Reef be placed on the world heritage “in danger” list shows the Morrison government must do more to deal with the climate crisis.

Meaghan Scanlon’s comments put the state government at odds with the federal environment minister, Sussan Ley, who has accused the United Nations Educational, Scientific and Cultural Organization (Unesco) of a “complete subversion of normal process”.

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Yallourn stuck on quarter capacity as scramble continues to save coal mine

RenewEconomy - Tue, 2021-06-22 15:15

EnergyAustralia says it hopes to seal cracks in coal mine embankment this week, but the really big decision – where to divert the river – has not been taken.

The post Yallourn stuck on quarter capacity as scramble continues to save coal mine appeared first on RenewEconomy.

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Cutbacks stopping vital work on river pollution and floods in England

The Guardian - Tue, 2021-06-22 15:00

Exclusive: Environment Agency chair warned minister of ‘real-world impacts’, FOI request reveals

Vital work on river pollution and flood defences is being stopped or cut back because the Environment Agency has been underfunded for years, freedom of information documents reveal.

A shortfall in funding of tens of millions of pounds is having real world consequences for our rivers, according to a letter from Emma Howard Boyd, the chair of the EA, to George Eustice, the environment secretary. The letter was obtained by River Action, a campaigning body, under FOI laws.

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IKEA & Rockefeller foundations pledge $US1 billion renewable energy catalyst

RenewEconomy - Tue, 2021-06-22 14:15

New billion-dollar charity partnership to unlock finance and resources to provide reliable renewable electricity to the over three billion people globally who currently go without.

The post IKEA & Rockefeller foundations pledge $US1 billion renewable energy catalyst appeared first on RenewEconomy.

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Federal government seeks input on proposed hydrogen “guarantee of origin” scheme

RenewEconomy - Tue, 2021-06-22 14:03

hydrogen refuelling - canva - optimisedThe Morrison government has called for feedback on new "guarantee of origin" certification scheme to track hydrogen production.

The post Federal government seeks input on proposed hydrogen “guarantee of origin” scheme appeared first on RenewEconomy.

Categories: Around The Web

“Blindsided,” says Ley, as developers reel from shock renewable hydrogen decision

RenewEconomy - Tue, 2021-06-22 13:54

Sussan Ley's bizarre decision to block a major renewable hydrogen project is now also ironical, as the environment minister cries foul over lack of consultation on UNESCO's Great Barrier Reef call.

The post “Blindsided,” says Ley, as developers reel from shock renewable hydrogen decision appeared first on RenewEconomy.

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