Topics tagged with 'Carbon News world'
Why Britain needs negative interest rates
19 Oct 2020
As Britain and the rest of Europe battle the second wave of the covid-19 pandemic, desperate eyes turn to central bank bosses, wondering what rescue plans they have up their sleeves.
EU leaders to set tougher climate goals in December
19 Oct 2020
European Union leaders say they will decide on a more stringent climate target for 2030 at a summit in December, leaving more time to forge a united European response to climate change.
World makes haste too slowly on cutting energy use
19 Oct 2020
The world is dragging its feet on efforts to tackle the climate crisis by reducing its energy use, according to a global watchdog.
BHP hears Musk's call for more nickel
16 Oct 2020
Australian resources giant BHP may finally be starting to establish itself as a primary supplier of materials to the battery and electric vehicle markets, confirming that it has started to boost nickel production after Tesla CEO Elon Musk issued a call out for miners to ramp up output of the key material used in the company’s batteries.
Amy Coney Barrett equivocates over climate change
16 Oct 2020
United States supreme court nominee Amy Coney Barrett refused to say whether she accepts the science of climate change, under questioning from Kamala Harris, saying she lacked the expertise to know for sure and calling it a topic too controversial to get into.
Brazilian spies intimidated government’s own delegates at climate talks
15 Oct 2020
Brazil’s spy agency has been accused of trying to intimidate its own government’s negotiators and Brazilian environmentalists at the COP25 climate talks in Madrid last year.
‘God intended it as a disposable planet' - the pastor preaching denial
15 Oct 2020
Every so often you come across a piece of writing so extraordinary that you cannot help but share it. One such piece is a sermon on global warming by American pastor John MacArthur.
How does the COP26 delay affect GHG emissions?
14 Oct 2020
Will delaying the COP26 UN climate negotiations impact international action to decarbonise? Would catch-up talks help? Could the talks collapse because countries stopped paying their dues?
What Dutch climate case means for the world
14 Oct 2020
Late last year, the Dutch Supreme Court issued a decision that could have implications for countries around the world.
Top asset owners commit to big carbon emissions cuts
14 Oct 2020
Thirty of the world’s largest asset owners, with portfolios worth a combined $US5 trillion, have committed to cutting the carbon emissions linked to companies they invest in by up to 29 per cent within the next four years.
IEA outlines how world can reach net-zero emissions by 2050
14 Oct 2020
For the first time, the International Energy Agency has set out what would need to happen this decade to reach net-zero emissions globally by 2050.
Sharp rise is extreme weather, says UN
13 Oct 2020
Extreme weather events have increased dramatically in the past 20 years, taking a heavy human and economic toll worldwide, and are likely to wreak further havoc, the UN has said.
Steel giant joins growing list of companies aiming for net-zero
13 Oct 2020
Luxembourg company ArcelorMittal produces more steel than any other company. It is also taking a leading role in developing technologies to reduce carbon dioxide emissions from steel-making.
Ending hunger: science must stop neglecting smallholder farmers
13 Oct 2020
Policymakers urgently need ideas on ways to end hunger. But a global review of the literature finds that most researchers have had the wrong priorities.
Want some eco-friendly tips? A new study says no, you don’t
13 Oct 2020
Hearing eco-friendly tips such as riding bikes instead of driving and going vegan to save the planet actually makes people less likely to do anything about climate change, new research shows.
Investment boom could follow Australia's net-zero carbon push
12 Oct 2020
Australia could unlock an investment boom of $A63 billion over the next five years if it aligns its climate policies with a target of net-zero emissions by 2050, according to new economic modelling.
Exxon’s leaked documents reveal pollution plan
12 Oct 2020
Leaded documents show Exxon plans to increase its carbon production by 17 per cent by 2025 - an increase equivalent to the total annual emissions of Greece.
Pope backs divestment from companies not protecting the environment
12 Oct 2020
POPE FRANCIS is urging people to pull investments from companies that are not committed to protecting the environment, adding his voice to calls for the economic model that emerges from the coronavirus pandemic to be a sustainable one.
UK finance minister wants a carbon tax
12 Oct 2020
British Finance Minister Rishi Sunak is planning for a UK-wide carbon tax that could raise billions of pounds while encouraging the drive towards net-zero emissions.
New Swedish grocery prices goods on carbon footprint
9 Oct 2020
Felix, a Swedish food brand, has opened a climate-conscious store in which items are priced based on their carbon footprints.
US could adopt carbon tax under a Biden presidency, ex-Fed chair says
9 Oct 2020
Former Federal Reserve Chair Janet Yellen said bipartisan concern over climate change could see the United States adopt a tax on carbon emissions, with the proceeds shared with households, if Democrat Joe Biden is elected president in November.
Airport appeals court's climate ruling
9 Oct 2020
Heathrow appeared in front of the UK Supreme Court this week in a bid to overturn a judgment that blocked Europe’s busiest airport from expanding.
Carbon capture 'moonshot' moves closer, as billions of dollars pour in
8 Oct 2020
As the world dices with the climate emergency, businesses and governments are starting to push funding towards technology that aims to trap planet-heating gases rather than let them saturate the atmosphere.
Europe sets more ambitious target for 2030
8 Oct 2020
The European Parliament has voted to update the European Union's climate target for 2030, backing a 60 per cent reduction in greenhouse gas emissions by the end of the decade, up from 40 per cent currently.
Where are US emissions after four years of Trump?
8 Oct 2020
In last week’s United States presidential election debate, Donald Trump claimed: “We have now the lowest carbon. If you look at our numbers right now, we are doing phenomenally.”
European Parliament set for tight vote on 'historic' climate law
7 Oct 2020
Lawmakers in the European Parliament expect a tight vote on the European Union's new climate target for 2030, with support splintered over the bloc's green ambitions.
Scientists didn’t expect wildfires this terrible for another 30 years
7 Oct 2020
This year has been hell on earth, in more ways than one. Catastrophic blazes have spanned the planet from Australia to the Arctic, and wildfires have torched large swaths of the western United States, all fulfilling forecasts much faster than scientists had predicted. It’s as if the wildfires of 2050 are already here.
Nuclear power hinders fight against climate change
7 Oct 2020
Countries wishing to reduce carbon emissions should invest in renewables, abandoning any plans for nuclear power stations because they can no longer be considered a low-carbon option.
Nigeria, Jamaica bring closure to the Kyoto Protocol era
6 Oct 2020
The Doha Amendment will come into force this year after Nigeria became the 144th country to ratify the climate treaty, in a last-minute scramble to tie the loose ends of the Kyoto Protocol era.
Green hydrogen could be cheap transformative fuel within a decade
6 Oct 2020
Chinese manufacturers have reported making systems to create hydrogen with renewable energy for up to 80 per cent less than official Australian estimates from just two years ago.
Greenland’s ice loss likely to hit 12,000-year high
6 Oct 2020
By the end of this century Greenland’s ice loss will probably be higher than in any century during the last 12,000 years.
Second Trump term would be 'game over' for the climate, says scientist
5 Oct 2020
Michael Mann, one of the most eminent climate scientists in the world, believes averting climate catastrophe on a global scale would be “essentially impossible” if Donald Trump is re-elected.
NextEra overtakes Exxon as US' largest energy company
5 Oct 2020
If you had invested in Florida-based utility NextEra Energy a decade ago, your total return through this week, including dividends, would have been 600 per cent.
York's green-home revolution
5 Oct 2020
The English city of York plans to build Britain’s biggest zero-carbon housing project, boasting 600 homes in car-free cycling paradises full of fruit trees and allotments.
Socialist Cuba wants to go carbon trading
5 Oct 2020
Cuba has suggested it wants to get paid to reduce emissions if a controversial global carbon credit scheme is set up.
Is Europe cheating on its emissions plan?
2 Oct 2020
The European Commission's plans to use carbon storage in forests and soils to help meet its 2030 emissions reduction target of a 55 per cent cut on 1990 levels is under fire.
M&S cuts soya from its milk supply chain
2 Oct 2020
British food retailer Marks & Spencer eliminated soya from the production of all its milk as part of its commitment to end deforestation in its supply chain.
South Korea sets net-zero goal
1 Oct 2020
South Korea has declared a climate crisis, and established a non-binding goal of reaching net-zero emissions by 2050, making it the second East Asian nation this week to set a tougher climate target.
Stamps reveal climate message when heated
1 Oct 2020
Stamps by Finnish studio Berry Creative feature images of birds and snow clouds that turn into skeletons and thunderstorms when heated to send a message about the consequences of climate change.
Super-enzyme eats plastic super-fast
1 Oct 2020
A super-enzyme that degrades plastic bottles six times faster than before has been created by scientists and could be used for recycling within a year or two.
China's new climate goal could transform global heating
30 Sep 2020
If China hits its new emissions goal of going carbon-neutral before 2060, it will bring down global warming projections by around 0.2deg to 0.3 degrees Celsius, says Carbon Action Tracker.
Court considers whether Canada's carbon tax is legal
30 Sep 2020
After two days of hearing arguments for and against the federal government's carbon tax, the Supreme Court of Canada has adjourned without a decision.
The low-down on Australia's low-emissions roadmap
29 Sep 2020
Picking winners has been anathema to Australian policy-making for decades. The federal government’s technology investment roadmap bucks the trend, targeting public investments in specific low-emissions technologies.
Lentils can feed the world – and save wildlife too
29 Sep 2020
UNITED STATES scientists have worked out how to feed nine billion people and save wild life from extinction, both at the same time – thanks to healthy lentils.
Resources spokesman threatens to quit ALP over climate target
29 Sep 2020
Veteran New South Wales Labor right-winger Joel Fitzgibbon has threatened to quit the shadow cabinet if the opposition adopts a medium-term emissions reduction target he cannot live with.
Poland to phase out coal-mining by mid-century
29 Sep 2020
Poland is moving closer to ending its heavy reliance on coal as the Government and miners’ unions agree a landmark plan to phase out mines by 2049.
Exxon uses carbon capture to keep oil flowing
29 Sep 2020
Sprawled across the arid expanse of southwestern Wyoming is one of the world's largest carbon capture plants, a hulking jumble of pipes, compressors and exhaust flues operated by ExxonMobil.
ScoMo refuses to commit to net-zero emissions by 2050
21 Sep 2020
Australian Prime Minister Scott Morrison has declined to sign up to a net-zero target by 2050 because he is “more interested in the doing”.
EU under fire for including carbon sinks in climate goals
21 Sep 2020
The European Commission is defending its plan to bring carbon removals from agriculture, land use and forestry into the EU’s updated climate target for 2030, saying this is in line with UNFCCC standards.
Union Square clock counts the time we're wasting
21 Sep 2020
New York’s Union Square Metronome clock is being turned into a giant climate clock tracking the time left to transform the world’s economy and energy systems to avoid catastrophic levels of climate change.
Governments must vote in favour of moratorium on deep sea mining
Tue 29 Jul 2025
Media release - Greenpeace | The 30th session of the International Seabed Authority (ISA) has ended with Greenpeace saying governments are continuing to fall short in protecting the deep sea.
Does NZ need a national incentive scheme for wetlands?
25 Jul 2025
By Liz Kivi | An expert is calling for a national incentive programme to restore New Zealand’s wetlands and wants to stop schemes to drain these vital carbon-sequestering ecosystems.
NZ Post drops science-based climate target
8 Jul 2025
By Liz Kivi | NZ Post has dropped its science-based emissions reduction target of 42% by 2030 with no plans to replace it.
Airlines risk legal challenges by advertising jet fuel as “sustainable”, NGO warns
18 Jul 2025
Amid suspected fraud in the production of sustainable aviation fuel (SAF), a new report says the airline industry should stop calling all alternatives to kerosene “sustainable”.
Challenges persist in bid to mine the deep sea, even after boost from Trump
Tue 29 Jul 2025
After years of delay, the deep-sea mining plans of Canadian firm The Metals Company (TMC) now appear to be progressing as it pursues a controversial new path to securing a license to mine in international waters under U.S. jurisdiction.
Sustainability claims questioned as renewable diesel surges
14 May 2025
Critics are sceptical about industry claims of renewable diesel life-cycle greenhouse gas emission cuts and warn renewable diesel carbon releases will surge if sourcing is scaled up, triggering tropical deforestation as producers convert forests to energy crops, such as oil palm and soy.
Carbon prices slide as market awaits ETS decision
Today 11:45am
By Liz Kivi | Volatility has returned to the secondary carbon market, with prices sliding again after plateauing in recent weeks, as the market waits for government decisions on Emissions Trading Scheme settings.
Bearish sentiment lingers for carbon market
11 Jul 2025
By Liz Kivi | The compliance carbon market could be set for a gradual upward trajectory, however unsold volume from the quarterly Emissions Trading Scheme auctions continues to act as ‘a price ceiling,’ according to an expert.
Coal use drove recent emissions increase
Today 11:45am
Increased use of coal for electricity generation was a large driver for an increase in New Zealand’s greenhouse gas emissions in the last quarter.
Is extending Huntly power station to 2035 in consumers’ best interest?
22 Jul 2025
By Simon Orme | COMMENT: Genesis Energy is proposing a cartel to keep high-emitting Huntly Power Station in business to 2035. If extending Huntly has economic benefits, is a cartel necessary?
What does 'drier' really mean in 'green' homes?
Today 11:45am
Media release - Waipapa Taumata Rau, University of Auckland | Researchers say green-rating systems could improve clarity and effectiveness by explicitly defining ‘drier’ and using two measures of humidity.
Cuts to climate finance put exports in jeopardy: Lawyers
23 May 2025
By Liz Kivi | The government has halved international climate finance, a move aid organisations describe as “devastating,” and which lawyers say could put our Paris Agreement commitments and export market access at risk.
NZ voluntary carbon market’s sad state
14 Jul 2025
By John O’Brien | OPINION: A combination of scandals, challenging economic times, and cheaper offshore carbon credits, mean that the domestic voluntary carbon market in New Zealand remains absolutely tiny.
Bill to restart oil and gas exploration clears final hurdle
Today 11:45am
By Shannon Morris-Williams | The government’s Crown Minerals Amendment Bill is set to become law after passing its third reading in parliament last night, with critics calling it humiliating for the climate minister and an embarrassment to New Zealand's international reputation.
Key orange roughy population on verge of collapse, govt considers closure
9 Jul 2025
Media release - Deep Sea Conservation Coalition | New data reveals that New Zealand’s main orange roughy fishery, accounting for half of the country’s total catch, is on the brink of collapse, with one model showing it may have reached that point already, and the government’s considering closing it.
Warmer than usual weather ahead, wetter in north and east, as La Niña signals strengthen
Today 11:45am
Media release – Earth Sciences New Zealand | Seasonal Outlook Climate August to October 2025 suggests warm, damp weather, with La Niña’s possible return.
Latest trawl bycatch numbers 'a grim wake-up call'
24 Jun 2025
Media release – Greenpeace | The latest fisheries bycatch data paints a grim picture, with trawlers hauling up thousands of kilograms of coral and killing hundreds of fur seals and seabirds over a 12 month period.
Wilding pines threaten Molesworth Station
Mon 28 Jul 2025
By Shannon Morris-Williams | Without increased support, the unchecked spread of wilding pines will continue to creep across Marlborough’s high country – putting iconic landscapes and one of New Zealand’s top five biodiversity hotspots at serious risk, according to an expert.
Last minute change to oil and gas legislation over cleanup costs
Thu 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.
A modest geothermal strategy
Thu 31 Jul 2025
By Pattrick Smellie | The Government has unveiled a far more modest geothermal energy strategy than its primary backer, Resources Minister Shane Jones, had sought.
European Central Bank to consider 'climate factor' when lending to banks
Thu 31 Jul 2025
The European Central Bank will add climate change considerations to its lending operations from late 2026, raising pressure on banks to channel financing towards greener sectors as the euro zone seeks to reduce its carbon footprint.
NZ part of hidden global deep-sea network beneath the waves
25 Jul 2025
Media release - Earth Sciences New Zealand | A world-first study of marine life, including sea creatures found in New Zealand's dark, cold, pressurised ocean depths, has revealed that deep-sea life is surprisingly more connected than previously thought.
‘Ideological sludge’: How NZ is quiet quitting climate action
17 Jul 2025
New Zealand once stood out as a world leader on climate change. In June it became the first country in the world to abandon a commitment to phase out oil, gas and coal.
Watts talks big on energy reform, but barriers persist
29 May 2025
By Shannon Morris-Williams | Energy and Climate Change minister Simon Watts says the government is doubling down on efforts to boost renewable energy generation, streamline regulation, and drive private sector investment as New Zealand faces mounting energy security and affordability challenges.
Hiringa eyes green methanol plant near Whanganui
Tue 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.
Climate catastrophes are creating a ‘new market reality’ for insurance carriers
23 Jul 2025
Raging wildfires and severe storms contributed to record-high global insurance losses — totalling an estimated US$84 billion — for the first six months of the year.
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.
Multi-day protest continues at coal mine
Wed 30 Jul 2025
Bathurst Resources has been forced to truck coal from its Stockton mine as climate activists occupy coal buckets at the mine for a third day.
Fund for low emissions transport winds up
Thu 31 Jul 2025
New Zealand’s Low Emission Transport Fund has officially wrapped up, ending a nine-year programme that put hundreds of millions of dollars towards accelerating the country’s shift to cleaner transport.
Urgent action needed to get on track for climate goals - commission
25 Jul 2025
By Shannon Morris-Williams | New Zealand is making progress on reducing greenhouse gas emissions, but more work is needed – urgently – to set up for future reductions, according to the latest report from the Climate Change Commission.
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.
Toxic algae are turning South Australia’s coral reefs into underwater graveyards
Tue 29 Jul 2025
Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline.
NZ govt’s fossil fuel plans could break international law
24 Jul 2025
By Liz Kivi | The government could be breaching international law with its plans to subsidise and expand fossil fuel extraction, following a ruling overnight from the world’s highest court.
Tipping points: Window to avoid irreversible climate impacts is ‘rapidly closing’
11 Jul 2025
In the midst of a record-breaking heatwave in Europe, the UK city of Exeter recently played host to the second international conference on “tipping points”.
‘Total infiltration’: How plastics industry swamped vital global treaty talks
Mon 28 Jul 2025
Petrostates and well-funded lobbyists at UN-hosted talks are derailing a deal to cut plastic production and protect people and the planet.
Activists sue US development bank over $4.6bn loan to massive Mozambique gas project
18 Jul 2025
Environmental groups claim loan is ‘unlawful’ in legal filing.
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.
Tilting at windmills? Trump’s claims about turbines fact-checked
Thu 31 Jul 2025
The US president has taken a swipe at wind power as the blades visible from his Turnberry golf course turn.
Ocean heatwaves may signal climate tipping point
25 Jul 2025
A recent study that tapped into satellite data has revealed that 2023 marked an unprecedented year for marine heatwaves, with record-breaking levels of duration, reach and intensity across the world's oceans.
Climate groups want UK wealth tax to make super-rich fund sustainable economy
17 Jul 2025
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’.
Can robot taxis solve NZ's transport woes?
23 Jul 2025
By Shannon Morris-Williams | The Ministry of Transport has tested the idea of driverless taxis as a futuristic fix. But while new modelling explores how "robotaxis" could ease congestion and reduce car ownership, critics say it misses a crucial point – the country’s worsening transport emissions.
United Nations carbon market rules agreed but concerns remain
25 Nov 2024
New carbon market rules agreed at the fractious UN climate summit will be a relief to New Zealand and Singapore, who were leading the negotiations, but concerns about greenwashing and disadvantaging nature-based solutions remain.
EV sales fall, but it’s complicated
Tue 29 Jul 2025
Imports of fully electric vehicles fell over 50% in value during the 12 months to June 2025, compared with the year ended June 2024, according to Stats NZ.
The ICJ’s ruling means Australia and other major polluters face a new era of climate reparations
25 Jul 2025
By Harj Narulla | OPINION: Australia has found itself on the wrong side of history.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
5 Jun 2025
By Shannon Morris-Williams | Proposed changes to New Zealand's waste legislation risk undermining public trust in the waste levy scheme, according to Parliamentary Commissioner for the Environment Simon Upton.
The struggle for control of the Arctic is accelerating - and it's riskier than ever
11 Jul 2025
As the battle for one of the world’s coldest places heats up, an increasingly fragile security balance may be breaking down, leading to an escalating arms race.
UN University report warns against carbon credits from REDD, tree planting, and improved forest management
13 Jun 2025
But the report stops short of recommending banning the trade in carbon temporarily stored in trees.
For the first time, China invests more in wind and solar than coal overseas
29 May 2025
China’s Belt and Road Initiative, long derided for its heavy carbon footprint, was dominated by wind and solar power projects for the first time from 2022 to 2023, according to a new analysis. But coal plants financed in earlier years are still coming online.
