Carbon News - Intelligence for the carbon market


Get set for the hottest year on record

Friday - The world is on track for its hottest year on record and levels of carbon dioxide in the atmosphere have reached new highs, further fuelling global warming, the World Meteorological Organisation says.

Climate change costs are still climbing

Friday - The massive economic and health losses that climate change is already causing across the world are detailed in six scientific papers published today.

Trudeau ready to get tough with provinces

Friday - Canadian Prime Minister Justin Trudeau says the government will impose a "strong" price on carbon — and won't rule out a cap to ensure provinces meet a national standard.

UK appoints new climate change minister

Friday - Nick Hurd, former head of Energy Africa initiative, has been handed the climate change portfolio in the UK's new department for business, energy and industrial strategy.

June marks 14th month of record temperatures

Thursday - As the string of record-breaking global temperatures continues unabated, June 2016 marks the 14th consecutive month of record-breaking heat.

EU climate package ‘not in line with Paris goals’

Thursday - EU plans to cut greenhouse gas emissions from transport, buildings and farming through to 2030 have landed.

Britain needs $39b to tackle climate change

Thursday - Britain’s ambition to virtually eliminate its greenhouse gas pollution will cost $39.4 billion more to achieve because the government abandoned plans to spur carbon capture and storage technology.

Somewhere, soon, it could be too hot to work

Wednesday - Searing temperatures caused by climate change might cost global economies more than $2 trillion by 2030, restricting working hours in some of the poorest parts of the world, says the UN.

UN: Kenya, Bangladesh, Jordan ‘green finance leaders’

Wednesday - Move over London, Shanghai and New York: Kenya, Bangladesh, Mongolia and Jordan have been named as rising green finance leaders in a report from the UN.

Canada vows national carbon price this year

Tuesday - Canada will have a national price on carbon emissions by the end of this year, Environment Minister Catherine McKenna says.

Britain could warm by 4deg this century

Tuesday - Scientific advisers warn that, by 2100, temperatures in Britain could rise by twice as much as the internationally agreed limit set at the Paris climate conference.

Multi-billion carbon market fraud run from Poland

Tuesday - The founder of Poland’s biggest carbon quota brokerage firm, whose name appeared in connection with the Panama Papers, has been found guilty of VAT fraud and sentenced to jail in France.

Climate change is economic problem, says Carney

Mark Carney

Monday - Only about one-third of the world's 1000 largest companies provide effective disclosure of the risks they face due to climate change, says Bank of England Governor Mark Carney.

Trump's man a climate denier

Mike Pence

Monday - Donald Trump's choice for vice-president, the conservative governor of Indiana, Mike Pence, denies climate change and is an outspoken coal advocate.

Abolition of DECC major setback for Britain

Monday - The abolition of the Department of Energy and Climate Change has been condemned by former ministers as a major setback to British efforts to combat global warming.

Warm oceans eating into Antarctica

Monday - Scientists say it is actually warm ocean waters, not rising air temperatures, that are eating away at the ice along part of the Antarctic's western side.

UK merges climate and business departments

15 Jul 16 - New British PM Theresa May has merged the climate and business departments in a move critics say will threaten investor confidence in the green sector.

France stops supermarkets from throwing away food

15 Jul 16 - France has banned supermarkets from throwing away unwanted food, and the ruling could lead to wider action on food waste across Europe.

Climate emerges as critical Clinton election weapon

15 Jul 16 - Belief in global warming and policies to tackle greenhouse gas emissions are becoming a key dividing line ahead of the US election.

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