No done deal on EU carbon market reform

Thursday - Lawmakers in the European Parliament’s environment committee voted on a major overhaul of the EU’s carbon market last week, but it’s a long and possibly bumpy road to EU legislators shaking hands on the final deal.

Think climate action is expensive? Inaction could cost $178 trillion.

Thursday - For centuries, fossil fuels have been associated with prosperity, progress, and growth. But more and more economists say that the continued use of coal, oil, and gas is now driving the world in the opposite direction — toward a lower standard of living and a global economic slump.

The U.S. has spent more than $2 billion on a plan to save salmon. The fish are vanishing anyway.

Thursday - The U.S. government promised Native tribes in the Pacific Northwest that they could keep fishing as they’d always done. But instead of preserving wild salmon, it propped up a failing system of hatcheries. Now, that system is falling apart.

Are EV range limitations a technological problem…or a psychological one?

Thursday - Giving people individualized information about how an electric car’s range matches up with their driving habits makes people more willing to buy an electric vehicle, according to a new study.

Massachusetts climate change case against Exxon can proceed, court rules

Thursday - A lawsuit by the state of Massachusetts accusing ExxonMobil of misleading the public about climate change can go forward, the state's highest court has ruled. Massachusetts' Supreme Judicial Court on Tuesday rejected a bid by ExxonMobil to dismiss the lawsuit.

In Tanzania, carbon offsets preserve forests and a way of life

Thursday - Carbon offsets have been criticised for failing to provide carbon savings and ignoring the needs of local communities. But in Tanzania, hunter-gatherer tribes are earning a good return for their carbon credits and protecting their forests from poachers and encroaching agriculture.

G20 climate goals just won't do the job, claims new report

Wednesday - None of the G20 countries have made climate commitments consistent with limiting global temperature rise to 1.5 degrees Celsius, as the Paris Agreement stipulates, data from a new report showed

Island states back Vanuatu’s quest for climate justice at the UN

Wednesday - Pacific and Caribbean nations have joined Vanuatu in calling for an advisory opinion from the International Court of Justice (ICJ) on countries’ legal obligations to protect people from climate harm.

'A sign of things to come': India and Pakistan heatwave made 30 times more likely by climate change, study finds

Wednesday - The savage heatwave that has scorched India and Pakistan in recent months was made more likely by climate change and is a harbinger of the region's future, scientists have said in a new study.

How San Francisco cracked the urban composting code

Wednesday - California’s environmental achievements are something to behold. The state ranks first in the U.S. for growth in solar power generation and battery storage. It’s the national leader in cumulative...

“Under-prepared on all fronts:” Australian renewables exposed to supply and cost crunch

Wednesday - Despite a federal election result that promises a new era of political support for the Australian renewable energy industry, a major report warns of a tough road ahead for a market still feeling the...

UK’s net zero target is under threat because there’s no plan to pay for it

Wednesday - The UK government’s plan for achieving net zero greenhouse gas emissions by 2050 is at a serious risk of sinking before it’s been fully launched. With the Treasury having rejected a request by MPs to...

Super Fund welcomes news of new offshore energy regulations

Tuesday - Media Release - The NZ Super Fund and Copenhagen Infrastructure Partners (CIP) have welcomed the Government’s Budget 2022 commitment to develop a regulatory regime for offshore renewable energy.

MARKET LATEST: NZUs $77.05

Tuesday - SPOT NZUs opened at $76.75 bid and $77.70 offered on CommTrade this morning, after last fixing at $77.05.

Fossil fuel industry loses its grip over Australia’s climate and energy policies

Tuesday - Australia has a new Labor government and a significant climate-focused cross bench, and it might just mark the beginning of the end of an almost decade-long grip the fossil fuel industry has held...

UN body makes ‘breakthrough’ on carbon price proposal for shipping

Tuesday - Countries have agreed on the need to put a carbon price on shipping emissions after more than a decade of resistance, which campaigners have hailed as a “major breakthrough”.

Failure to save the Congo Basin forest ‘would mean world loses climate fight’

Tuesday - Failing to conserve the carbon-rich forests of the Congo Basin would mean the world loses the fight against climate change, officials in Gabon have warned.

Sharp cut in methane now could help avoid worst of climate crisis

Tuesday - Cutting methane sharply now is crucial, as focusing on carbon dioxide alone will not be enough to keep rising temperatures within livable limits, scientists have warned.

How a French bank set the gold standard for climate action

Tuesday - The headquarters of La Banque Postale resemble a towering greenhouse in a quiet residential neighborhood of Paris, about a mile east of the Eiffel Tower.

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