Topics tagged with 'Carbon News world'
City broker launches weather data index to trade climate crisis risk
28 Oct 2021
The City broker TP ICAP has launched a weather data-backed index that it says will allow business risks tied to the pace of the climate crisis to be traded on financial markets for the first time.
Torres Strait Islanders sue Australian government over lack of climate action
28 Oct 2021
A group of Torres Strait Islanders living off Australia's north coast have filed a court claim against the Australian government, alleging it has failed to protect them from climate change which now threatens their homes.
On forestry, COP26 must avoid double counting of carbon removals: scientist
28 Oct 2021
Global leaders must not allow the double counting of emissions removals from forestry during negotiations at the COP26 climate summit in Glasgow, says Professor Jean-Pascal van Ypersele.
Climate change to force crop switch for small farmers: experts
28 Oct 2021
Small farmers around the world who grow thirsty crops like corn will face a huge adaptation challenge as the effects of climate change worsen in the coming years, experts are warning.
How one woman protected millions of acres
28 Oct 2021
The first thing Kristine McDivitt Tompkins had to do when she arrived in Chile more than three decades ago was tear down fences. Demolishing 700 kilometers of barbed wire in the rough terrain that she and her husband bought was back-breaking work, but overcoming barriers in the minds of the locals was much harder. “
Australia pledges net zero emissions by 2050
27 Oct 2021
Leading global coal and gas supplier Australia has pledged to achieve net zero carbon emissions by 2050.
Rich countries break $100bn annual climate pledge
27 Oct 2021
The world’s richest countries admitted Monday that they broke a promise to deliver $100 billion a year to developing nations to help them cope with climate change.
India lost $87bn due to natural disasters last year: WMO
27 Oct 2021
India lost $87 billion last year due to natural disasters such as tropical cyclones, floods and droughts, according to the World Meteorological Organisation.
Wealthy countries spending more on border security than climate aid
27 Oct 2021
Wealthy countries are giving more money to defence contractors to beef up their border security than to fulfilling their climate aid commitments, a new study has found.
This concrete can eat carbon emissions
27 Oct 2021
Concrete is responsible for more than four percent of all global CO2 emissions. In the race to find alternatives, some companies are using it to sequester CO2 instead.
How to turn a desert into a forest
27 Oct 2021
A group of “holistic engineers” wants to return the arid Sinai peninsula to the lush, green landscape it once was.
UN praises updated NDCs but still"nowhere near goal"
27 Oct 2021
Media release - New or updated climate action plans by governments can be effective in reducing greenhouse gas (GHG) emissions, but greater efforts are needed to keep global warming at bay, the UN climate change office says.
Pacific Islands demand global leaders bring action, not excuses, to UN summit
26 Oct 2021
The Pacific Islands are at the frontline of climate change. But as rising seas threaten their very existence, these tiny nation states will not be submerged without a fight, argues Australia Climate Council researcher Wesley Morgan in The Conversation.
Why 25 previous conferences have failed to stop climate change
26 Oct 2021
THERE have been 25conferences under the United Nations Framework Convention on Climate Change since the body first met in 1995. Over that period, some 894 billion metric tons of carbon dioxide, about 37% of all greenhouse pollution in human history, has been emitted.
Climate scientists fear tipping points (maybe you should too)
26 Oct 2021
The real disaster scenario begins with the triggering of invisible climate tripwires known as tipping points.
Permafrost: a ticking carbon time bomb
26 Oct 2021
Sheltered by snow-spattered mountains, the Stordalen mire is a flat, marshy plateau, pockmarked with muddy puddles. A whiff of rotten eggs wafts through the fresh air.
India wants compensation for climate damage caused by rich nations
26 Oct 2021
India is seeking payment for the losses caused by climate disasters, its environment ministry said while laying out the country's positions on critical issues that will be negotiated at the United Nations' COP26 climate summit in the coming weeks.
Shipping drifts off net-zero course without carbon levy: study
26 Oct 2021
The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on fuel is not taken, new research backed by industry leaders shows.
Document leak reveals nations lobbying to change key climate report
22 Oct 2021
A huge leak of documents seen by BBC News shows how countries are trying to change a crucial scientific report on how to tackle climate change.
70% of sustainability experts expect bleak climate future: survey
22 Oct 2021
Around 70% of the world’s top sustainability experts remain pessimistic about the future of the planet and humanity’s ability to avert disasters due to climate change. In a new poll, the experts warned of the slow pace of climate action and the low prospects of the world meeting the Paris agreement goals
European MPs push for binding methane target
22 Oct 2021
The European Parliament yesterday passed a resolution calling for a binding international agreement limiting methane emissions to be agreed on at next month's COP26 in Glasgow.
Greenpeace chief warns of ‘greenwashing’ at UN climate talks
22 Oct 2021
The head of environmental group Greenpeace on Thursday warned against efforts by countries and corporations at the forthcoming U.N. climate talks in Glasgow to “greenwash” their ongoing pollution of the planet.
With models under $5,000, China accounts for half the world's electric car sales
22 Oct 2021
Soaring sales of electric vehicles (EVs) in China are driving the global trend away from combustion engines, the latest figures show.
French oil giant accused of downplaying climate risk
22 Oct 2021
French oil company TotalEnergies knew at least 50 years ago about a link between burning fossil fuels and global warming, researchers have said.
Fossil fuel production set to soar over next decade
21 Oct 2021
A UN report says governments are currently planning to extract more than double the amount of fossil fuels by 2030 required to keep the 1.5C threshold alive.
Why fossil fuel subsidies are so hard to kill
21 Oct 2021
Fossil-fuel subsidies are one of the biggest financial barriers hampering the world’s shift to renewable energy sources. Each year, governments around the world pour around half a trillion dollars into artificially lowering the price of fossil fuels — more than triple what renewables receive.
Europeans want climate action but show little appetite for radical lifestyle change
21 Oct 2021
EUROPEANS want urgent action on climate change but remain committed meat-eaters and question policy proposals such as banning the sale of new petrol vehicles after 2030, according to a new poll from the YouGov-Cambridge Centre for Public Opinion Research that surveyed environmental attitudes in seven European countries, including the UK.
Rio Tinto commits to halving emissions by 2030
21 Oct 2021
Australia-based mining giant Rio Tinto has announced plans to cut direct carbon emissions 50 percent by 2030, ramping up previous targets as the firm tries to green its highly polluting operations.
The broken $100-billion promise of climate finance — and how to fix it
21 Oct 2021
Twelve years ago, at a United Nations climate summit in Copenhagen, rich nations made a significant pledge. They promised to channel US$100 billion a year to less wealthy nations by 2020, to help them adapt to climate change and mitigate further rises in temperature.
US carbon markets set for record year
21 Oct 2021
US carbon exchanges will easily hit record volumes this year, in part because of recent record highs but also due to new entrants into the market.
New UN endorsed right to a healthy environment could speed up NZ climate action
20 Oct 2021
Associate professor of law Nathan Cooper argues that a recent UN decision recognising the right to a healthy environment could have implications for New Zealand's methane emissions in this Conversation piece.
Create global price for carbon: WTO boss
20 Oct 2021
The director general of the World Trade Organisation has said that it should work together with other international bodies to develop a global price for carbon.
How trading CO2 could save the climate or not: BBC
20 Oct 2021
For its proponents, a global carbon market could significantly reduce the world's carbon emissions. But its critics say that giving polluters the option to pay for their emissions is not the answer to climate change.
More than 99.9% of studies agree: Humans caused climate change
20 Oct 2021
More than 99.9% of peer-reviewed scientific papers agree that climate change is mainly caused by humans, according to a new survey of 88,125 climate-related studies.
Beef industry tries to erase its emissions with fuzzy methane math
20 Oct 2021
Scientists with the world’s top climate organization made reducing meat consumption an official policy recommendation in 2019, echoing what environmentalists had urged for years: Eating less meat, in particular beef, reduces the large volume of emissions attributed to livestock.
‘Eco-score’ labels make shopping more sustainable
20 Oct 2021
Neon yellows, soothing blues, and revitalizing greens: the average supermarket aisle is a riotous, colorful battle for a customer’s attention, according to Dr. Brian Cook, a senior researcher at the University of Oxford.
E-bike delivery experiment reduced CO2 emissions by 30%
20 Oct 2021
For three months last summer, residents in one Seattle neighborhood received their packages via electric cargo bike rather than a delivery van, as part of a pilot program testing new innovations to urban delivery.
Climate inaction could slash GDP by 3% per annum: Bank of America
19 Oct 2021
The cost of inaction over climate change could lead to the loss of 3 per cent of gross domestic product every year by 2030, ballooning to $69 trillion by the end of this century, Bank of America said in a report.
South Korea aims to cut carbon emissions by 40% in 2030
19 Oct 2021
South Korea set a new goal on Monday for fighting climate change over the next decade, saying it will aim to cut its greenhouse gas emissions to 40% below 2018 levels by 2030.
Biden administration considers carbon tax
19 Oct 2021
A US Democrat’s decision to oppose a key policy in Joe Biden’s climate plan could lead to a carbon tax on emissions-intensive industries and threaten Australian exports.
The climate crisis is a child-rights crisis
19 Oct 2021
Children across the world have inherited a problem that is not of their making. A new report from Save the Children - Born into The Climate Crisis: Why we must act now to secure children’s rights - highlights the impact that the climate crisis is having on children’s rights now, and for future generations.
The carbon offset market could be worth $200 billion by 2050. But what is it?
19 Oct 2021
Companies and people who want to cancel out the impact of their emissions on the climate often turn to something called carbon offsetting.
Vermont brewery turns carbon emissions into beer bubbles
19 Oct 2021
Fans of Heady Topper, one of Vermont’s first popular craft beers, can now consume the brewery’s carbon emissions.
Government commits $1.3 billion to climate change aid
18 Oct 2021
The government has this morning announced a four-fold increase in the support it provides to countries most vulnerable to climate change.
Global carbon price of US$100 needed according to Nobel Prize-winning economist
18 Oct 2021
Economist William Nordhouse, who won the 2018 Nobel Prize in economics for his work on climate change, argues a global carbon price of around US$100 per tonne is needed if the world is to successfully tackle climate change.
Climate change a double blow for oil-rich Mideast: experts
18 Oct 2021
The climate crisis threatens a double blow for the Middle East, experts say, by destroying its oil income as the world shifts to renewables and by raising temperatures to unliveable extremes.
How climate change is threatening Australia’s favourite fruits
18 Oct 2021
Australian mango growers are expecting the smallest harvest in at least two decades this summer, cherry farmers are losing trees and grape growers are contending with shortening harvest windows.
Mozambique first country to receive World Bank forestry emission reducation payment
18 Oct 2021
Mozambique has become the first country to receive payments from a World Bank trust fund for reducing emissions from deforestation and forest degradation—commonly known as REDD+.
Indigenous climate activists arrested after ‘occupying’ US Department of Interior
18 Oct 2021
Dozens of Indigenous climate activists were arrested and removed from the U.S. Department of the Interior in Washington on Thursday after taking over a lobby of the department’s Bureau of Indian Affairs for several hours.
We need more radical climate fiction
18 Oct 2021
Literature has seen an uptick in "cli-fi," fiction about possible climate dystopias and utopias. But too much of that climate-change-related fiction lacks any kind of radical political imagination.
Oxfam urges NZ to renew climate funding as Pacific projects face closure
Today 12:00pm
By Shannon Morris-Williams | Oxfam Aotearoa is calling on the Government to urgently renew New Zealand’s climate finance commitments, warning that vital projects supporting Pacific communities’ resilience are running out of funding.
Farmers rep loses seat on Taranaki environment committee
Tue 11 Nov 2025
By Craig Ashworth, Local Democracy Reporter | Federated Farmers has lost its seat on the Taranaki committee that monitors pollution and consent compliance and looks after rivers and streams.
NZ’s government wants tourism to drive economic growth – but how will it deal with aviation emissions?
22 Oct 2025
By Robert McLachlan, Te Kunenga ki Pūrehuroa – Massey University | Following a brief dip during the COVID pandemic, aviation is back in a growth phase.
Air NZ inks deal for its first internationally verified carbon credits
9 Oct 2025
By Liz Kivi | Air New Zealand has committed to buying 8000 tonnes of carbon removals by 2030, in partnership with local native forest investment platform My Native Forest.
New national dataset to unlock blue carbon potential in NZ’s coastal wetlands
Today 12:00pm
By Shannon Morris-Williams | The Ministry for the Environment and the Nature Conservancy have collaborated on a dataset to inform a framework to potentially include coastal wetlands into compliance and voluntary carbon credit schemes.
Govt launches strategy backing wood-based heat sector
23 Oct 2025
By Pattrick Smellie | Forestry biomass could replace as much as 40% of fossil fuel-generated process heat by 2050, but access to supply, regulatory settings and business cases for converting to wood-based heat sources are required, the Government says in a series of documents released yesterday.
Carbon price’s dead cat bounce
Today 12:00pm
By Liz Kivi | The carbon price rebounded briefly in what looked like a ‘dead cat bounce’ last week, following the Government’s announcement it was unlinking the Emissions Trading Scheme from international climate targets.
Carbon market tanks off the back of Govt’s proposed climate law changes
Thu 6 Nov 2025
By Liz Kivi | Secondary market prices dropped 20% in early morning compliance carbon trading yesterday, as the market woke up to Tuesday’s late-breaking government announcement of proposed law changes to climate policy.
Regulator signs off on deal to retain Huntly capacity
Tue 11 Nov 2025
The Commerce Commission has authorised the Huntly Firming Option (HFO), allowing Contact Energy, Meridian Energy and Mercury NZ to pay Genesis Energy to keep one of its ageing Rankine units available as backup generation until December 2035.
'Little to be hopeful about' – NZ scientists caution ahead of COP30
31 Oct 2025
By Shannon Morris-Williams | Record heat, worsening climate impacts and global backsliding on emission reduction commitments have left some New Zealand climate experts with little optimism as COP30 approaches.
$235 billion worth of NZ buildings exposed to flooding
30 Oct 2025
More than 750,000 New Zealanders live in locations exposed to one-in-100-year floods, according to a nationwide study which shows escalating flood risk.
COP30: Climate law changes mean NZ could retreat from its international obligations
Today 12:00pm
By Cathrine Dyer, Te Herenga Waka — Victoria University of Wellington | As this year’s UN climate summit (COP30) gets underway in Belém, Brazil, the New Zealand delegation will be attending beneath a cloud of scepticism about the government’s seriousness in addressing carbon emissions.
Why I’m not outraged at the Govt’s latest climate backsliding
Fri 7 Nov 2025
COMMENT: The Government’s latest climate rollbacks underline New Zealand’s long history of a lack of genuine desire to cut emissions, writes Geoff Bertram.
Clean energy could become a huge political winner
Today 12:00pm
Rising power bills quietly shaped this year’s races – and gave Democrats a new attack line on climate.
DOC trims costs and winds down jobs for nature
Mon 10 Nov 2025
The Department of Conservation (DOC) is entering a new phase of tighter budgets and structural change as it winds down the pandemic-era Jobs for Nature programme and reshapes its operations to absorb long-term cost pressures.
Climate disasters displaced 250 million people in past 10 years, UN report finds
Today 12:00pm
Floods, storms and droughts have uprooted people across the globe as rising temperatures intensify conflict and hunger.
NZ marine heatwaves could double in intensity under high-emissions pathway
16 Oct 2025
By Shannon Morris-Williams | New projections show marine heatwaves will grow more intense around the North Island and more frequent around the South Island as the climate warms – raising risks for fisheries, aquaculture, coastal ecosystems and tourism.
Does NZ's 2035 NDC meet Paris Agreement obligations?
Fri 7 Nov 2025
By Christina Hood | COMMENT: New Zealand’s 2035 Paris Agreement Target needs strengthening, with multiple reasons the 51 to 55% emissions reduction target does not meet our obligations under the accord.
Govt gas expansion 'climate vandalism' – Greens
Fri 7 Nov 2025
By Shannon Morris-Williams | The Green Party has labelled the Government’s move to broaden the scope of its $200 million fossil gas investment fund as vandalism, accusing Prime Minister Christopher Luxon of breaking trust with New Zealanders.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
Bank of England must better address climate risk to tackle inflation
4 Nov 2025
The central bank is being urged to take a series of actions to better respond to environmental risks.
How climate alters earthquake risk
Today 12:00pm
Media release | Falling water levels in one of Africa’s largest lakes, driven by changes in climate, led to a rise in earthquakes, according to research led by Dr James Muirhead of the University of Auckland.
TotalEnergies loses in Paris court, marking a turning point for fossil fuel truth-in-advertising
5 Nov 2025
TotalEnergies was found to have misled consumers about its role in the energy transition.
Lake Onslow battery project set for revival?
29 Oct 2025
A newly formed private consortium has emerged with plans to finance and build the massive Lake Onslow pumped-hydro project, despite the coalition government’s decision to abandon the scheme.
Hiringa eyes green methanol plant near Whanganui
29 Jul 2025
By Pattrick Smellie | Green hydrogen pioneer Hiringa Energy is deep in planning to develop an “eight-to-nine figure” methanol plant near Whanganui, using a combination of biomass and hydrogen produced using renewable energy.
Media round-up
31 Oct 2025
In our round-up of climate coverage in local media: A controversial seabed mining project could lead to sediment flows knocking over rigs and damaging wind turbines; weather-related insurance claims climb; and is the government playing Russian Roulette with our future over methane targets?
Will NZ walk away from the Paris Agreement?
20 Dec 2024
By Geoff Bertram | COMMENT: Unless the government can find very cheap offshore mitigation, the temptation to walk away from its Paris Agreement obligations may well be too strong to resist for a coalition government focused on fiscal austerity.
Z Energy settles greenwashing case over ‘quitting petrol’ claims
4 Nov 2025
By Shannon Morris-Williams | Z Energy has settled a landmark greenwashing case over claims it misled the public about moving away from petrol – a result Lawyers for Climate Action NZ says delivers long-overdue accountability.
Nelson commuters urged to ditch car once a week
22 Oct 2025
By Max Frethey, Local Democracy Reporter | Nelson has a bold carbon emission reduction target and residents are being encouraged to leave the car at home one day a week to help meet it.
Supermarket fast-track a ‘cynical ploy’, risks climate and environmental protections
5 Nov 2025
By Shannon Morris-Williams | The Government’s “express lane for supermarkets” announcement has been met with fierce backlash, with critics calling the Fast-track Approvals Amendment Bill a Trojan horse that strips environmental protections, sidelines communities, and hands sweeping powers to ministers at the expense of democracy.
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Climate impacts hit NZ with increasing wild weather
23 Oct 2025
By Liz Kivi | New Zealand is facing a triple whammy of climate impacts today, with severe winds and rainfall predicted for much of the country while some areas are still dealing with wildfires ignited earlier in the week.
It’s been a dangerous decade since the Paris Climate Agreement, but there’s still reason for hope
Tue 11 Nov 2025
A decade ago, the world got together and decided to fix the climate crisis by adopting the Paris Agreement.
Carbon Finance Program upscales efforts to close climate investment gap in climate vulnerable nations
22 Oct 2025
Media release | The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
Lobby group launches ‘blueprint’ for ocean management reform
18 Sep 2025
The Environmental Defence Society yesterday released its plan to tackle widespread ecological decline in our oceans.
Judge says Greenpeace must pay $345 million in pipeline lawsuit, cutting jury amount nearly in half
31 Oct 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil pipeline nearly a decade ago.
Straterra has a new name: the New Zealand Minerals Council
16 Apr 2025
Media release | Straterra has been renamed as New Zealand Minerals Council, says chief executive Josie Vidal.
Scotland's first wind farm 'supercharged' after upgrade
Tue 11 Nov 2025
Scotland's first commercial wind farm will be able to deliver five times more clean power than before after being upgraded.
AgriZero backs first nitrous oxide solution with $1.2m investment
Thu 6 Nov 2025
By Shannon Morris-Williams | A Kiwi ag-tech start-up developing a device for cows to wear to drastically cut nitrous oxide emissions has secured $1.2 million in government-industry funding.
Solar households to get little-noticed tax break
23 Sep 2025
A provision in the government’s latest tax bill would exempt households from paying tax on income they earn by selling excess electricity back to the grid.
Climate scientists and republican lawyers are taking aim at Big Tech’s emissions
17 Oct 2025
Technology companies have long been one of the biggest investors in clean energy, but new accounting rules could upend that.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
How ‘vehicle-to-grid’ technology could boost China’s electricity system
31 Oct 2025
China’s surging electric vehicles ownership – now exceeding 25.5m – is opening the door to a new technology that can help to enhance the flexibility of electricity supply.
EU’s new climate target lines up multibillion dollar boost for carbon markets
Mon 10 Nov 2025
Analysts estimate the EU will buy at least 50 billion euros worth of carbon credits in the 2030s to help meet its emissions-cutting goals.
Fix it, don't ditch it: University of Auckland hosts first Repair Cafe
9 Oct 2025
Media release - Auckland University | The University's first-ever Repair Cafe is bringing students and staff together to give broken items a new lease on life, while promoting a culture of repair and reuse.
Council buys dairy farm to help clean up Lake Rotorua
21 Oct 2025
Bay of Plenty Regional Council has bought a 266-hectare dairy farm in the Lake Rotorua catchment and plans to retire it from production to reduce nitrogen entering the lake.
Adaptation plan at odds with public sentiment: survey
21 Oct 2025
By Liz Kivi | The Government’s position on climate adaptation buyouts shows a disconnect with public opinion, according to survey findings from insurer Suncorp NZ.
We have more renewable energy than ever before. Why are we switching it off?
Tue 11 Nov 2025
Experts say until more storage is installed to soak up the waves of renewable energy flooding the grid, much of that power will occasionally have to be curtailed.
