Topics tagged with 'Carbon News world'
Bankers climate alliance prepares to vote on ditching 1.5C goal
13 Mar 2025
The world's biggest climate alliance for banks is about to vote on whether it's time to abandon a once hallowed goal.
'A new phase': why climate activists are turning to sabotage instead of protest
13 Mar 2025
Tougher laws said to be inspiring clandestine attacks on the 'property and machinery' of the fossil fuel economy.
Climate crisis threatens Earth's major crops, study finds
13 Mar 2025
With global average temperatures expected to continue to rise in the coming decades, scientists have projected that warming will significantly harm global agriculture as it weakens crop yields and disrupts food production. Now, new research finds that warming will disrupt many of Earth's major crops and harm global crop diversity.
Amazon forest felled to build road for climate summit
13 Mar 2025
A new four-lane highway cutting through tens of thousands of acres of protected Amazon rainforest is being built for the COP30 climate summit in the Brazilian city of Belém.
Climate change, already causing problems on Earth, could soon create a mess for orbiting satellites
13 Mar 2025
Climate change is already causing all sorts of problems on Earth, but soon it will be making a mess in orbit around the planet too, a new study finds.
Singapore tender signals high demand for Article 6-aligned carbon credits
12 Mar 2025
Singapore's request for proposal, or RFP, to procure high-quality, Article 6-aligned, nature-based carbon credits, received offers from 17 suppliers with prices in the $19-$41/mtCO2e range, according to multiple market participants.
Nearly a tenth of global climate finance threatened by Trump aid cuts
12 Mar 2025
Nearly a tenth of global climate finance could be under threat as US president Donald Trump's aid cuts risk wiping out huge swathes of spending overseas.
What Canada's next Prime Minister means for climate change
12 Mar 2025
After winning the race to replace Justin Trudeau as the leader of the country's Liberal Party, former central bank governor Mark Carney will be tasked with leading Canada through a number of pivotal moments - including a trade war with the United States, a cost of living crisis, and a critical moment in the country's fight against climate change.
US Supreme Court rejects Republican-led effort to halt climate lawsuits against oil firms
12 Mar 2025
The Supreme Court on Monday rejected a lawsuit from Republican attorneys general in 19 states aimed at blocking climate change suits against the oil and gas industry from Democratic-led states.
I spent 3 days at Jordan Peterson's anti-climate ARC conference. Here's what I saw.
12 Mar 2025
It's easy to dismiss Jordan Peterson, the Canadian bad boy ex-academic, as a sideshow. But Peterson's influence has gotten too big to ignore, and his message is a danger to all of us.
Japan releases inaugural sustainability reporting standards
12 Mar 2025
The Sustainability Standards Board of Japan (SSBJ) announced the release of its finalized sustainability disclosure standards, based on the standards developed by the IFRS Foundation's International Sustainability Standards Board (ISSB), and anticipated to form the basis of mandatory reporting for listed Japanese companies of sustainability and climate-related information.
EU carbon market on course for highest CO2 price in the world by 2030: report
11 Mar 2025
Media release | LONDON: Europe's new Emissions Trading System is expected to have the world's highest carbon price in 2030 at 149EU, BloombergNEF forecast reveals.
Half of world's CO2 emissions come from 36 fossil fuel firms, study shows
11 Mar 2025
Researchers say data strengthens case for holding firms to account for their contribution to climate crisis.
US withdraws from UN climate damage fund
11 Mar 2025
The Trump administration has withdrawn the United States from the United Nations climate damage fund that was established in 2023 to help developing countries most vulnerable to climate change when natural disasters strike.
Ex-Cyclone Alfred sends 'phenomenal' levels of rainfall to Brisbane and Gold Coast
11 Mar 2025
About 240,000 homes and businesses are without power in Queensland in the wake of Ex-Tropical Cyclone Alfred, according to the state's premier.
Switzerland told it must do more to comply with landmark climate ruling by Council of Europe
11 Mar 2025
Switzerland hasn't shown that it's meeting the requirements of a landmark climate change decision from Europe's highest human rights court, the Council of Europe announced on Friday.
Defense of climate multilateralism key to Brazil's leadership, COP30 president says
11 Mar 2025
Brazil will use its presidency of the annual United Nations global climate talks to press for multilateralism and respect for science, COP30 President-Designate Andre Aranha Correa do Lago said on Wednesday in a rejoinder to U.S. President Donald Trump over climate matters.
Who is Mark Carney, the former central bank governor turned Canada's next leader?
11 Mar 2025
Canada's new leader is a relative political newcomer. While the former UN Special Envoy for Climate Action and Finance has previously advocated for net-zero investment, he has promised to scrap the country's carbon tax, saying he wants to shift the cost from consumers to big corporations.
Dramatic fall in London's levels of deadly pollutants after low emissions zone expansion
10 Mar 2025
People in the UK capital are breathing much cleaner air, with significant improvements in the city's most deprived areas.
Most cookstove carbon credits ruled out of quality scheme in integrity push
10 Mar 2025
The Integrity Council for the Voluntary Carbon Market has rejected widely used rulebooks for cleaner cooking, which will require projects to switch to more rigorous methods.
Australia's biggest coal-fired power station is 'driving up energy bills'
10 Mar 2025
Australia's largest coal-fired power station is unreliable and driving up electricity prices, according to a new report that argues against the viability of keeping coal plants open beyond their scheduled closure dates.
UK government announces plans to axe oil and gas windfall tax in 2030
10 Mar 2025
The Government has announced plans to end a windfall tax on oil and gas profits in 2030 as it launches a consultation on the future of the North Sea energy sector.
Global sea ice levels just hit a new record low
10 Mar 2025
Sea ice cover in both the Antarctic and Arctic remained far below average throughout February as global average temperatures linger near record highs.
Visualising daily global temperatures
10 Mar 2025
Good data visualisations can help make climate change more visceral and understandable.
US withdrawing from plan to help major polluters move from coal
7 Mar 2025
The United States is withdrawing from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy.
Carbify: Tree planting; Blockchain; Crypto; and NFT trees?
7 Mar 2025
Carbify is a Dutch company that claims to have "tree planting solutions for every sector." But do those trees even exist?
The legal tussle to hold corporate polluters accountable for climate loss and damage
7 Mar 2025
The stage has been set for a series of major battles over whether corporations can be held accountable through the courts for loss and damage from climate change.
World's largest iceberg runs aground off remote island
7 Mar 2025
The world's largest iceberg has run aground in shallow waters off the remote British island of South Georgia, home to millions of penguins and seals.
The fact that humans can only survive on Earth doesn't bother Trump - and I know why
7 Mar 2025
By George Monbiot | OPINION: He is surrounded by people who have grandiose plans and dreams beyond our planet. Vengeful nihilism is a big part of the Maga project.
Coral reefs in Vietnam face collapse. Can conservation efforts turn the tide?
7 Mar 2025
The gentle waves off the coast of central Vietnam's Nha Trang obscure an open secret: The life-giving coral reefs below are dying. The waters are eerily devoid of fish. The bounty of the ocean is coming to an end.
Trump orders swathes of US forests to be cut down for timber
6 Mar 2025
President's move to expand tree cutting across 280m acres evades rules to protect endangered species.
Rare cyclone threatens millions on Australia's east coast
6 Mar 2025
Millions of residents along Australia's eastern coast are preparing for the impact of the most southerly cyclone to threaten the region in more than five decades.
Avalanche in India triggered by 600% surge in rain linked to climate change
6 Mar 2025
An avalanche which killed eight in India on Friday was set in motion weeks earlier by a dry winter, and triggered by a sudden 600% spike in precipitation within 24 hours, a disaster expert says.
Locals in Greenland now have two fears: Trump and climate change
6 Mar 2025
'Greenlanders don't want to be Danish. Greenlanders don't want to be American'.
China announces plans for major renewable projects to tackle climate change
6 Mar 2025
China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.
Albanese Government vows to secure future of Australia's food supply chain by developing new national strategy
6 Mar 2025
The Albanese Government has promised to help secure the future of Australia's food supply chain by developing a new national strategy if it wins the election.
Countries fail again to decide timing of key IPCC climate science reports
5 Mar 2025
China, Saudi Arabia and India pushed back against a proposal to align the IPCC flagship reports with the timeline of the global stocktake of climate action.
EU proposes more relaxed CO2 target compliance for new cars
5 Mar 2025
European Commission President Ursula von der Leyen has announced she will propose a more relaxed three-year timeframe for the automotive industry to comply with the bloc's CO2 standards, instead of annual targets.
US: EPA calls for watchdog to probe $20 billion climate fund
5 Mar 2025
The Greenhouse Gas Reduction Fund is at the center of a fight between the Trump administration and environmental groups seeking access to the funds that Congress approved under its massive climate legislation.
China plays key role on climate change, may be looked to for additional leadership, COP30 president says
5 Mar 2025
China has a very important role to play in tackling climate change and others may look to the Asian country for additional leadership in the field, COP30 President-Designate Andre Aranha Correa do Lago said on Thursday.
Japan's worst wildfire in half a century spreads
5 Mar 2025
Firefighters were Tuesday battling Japan's worst wildfire in half a century, which has left one dead and forced the evacuation of nearly 4,000 local residents.
As warming climate hammers coffee crops, this rare bean may someday be your brew
5 Mar 2025
As Earth's warming climate causes problems for big coffee producers, some are looking to a rarely cultivated species that may stand up better to drought and heat. It's Excelsa, which is native to South Sudan and a handful of other African countries.
UK: Reducing emissions 87% by 2040 could cut household costs
4 Mar 2025
The UK should cut its emissions to 87% below 1990 levels by 2040 under its seventh five-yearly "carbon budget", according to official advice from the Climate Change Committee (CCC).
China missed key climate target last year
4 Mar 2025
China missed a key climate target in 2024 and emissions in the world's second-largest economy rose slightly as coal remained dominant despite record renewable additions, official data showed Friday.
Risk of financial fallout may deter Argentina from leaving Paris Agreement
4 Mar 2025
Argentina's President Javier Milei has expressed his will to leave the global climate pact, but key trade partners and foreign aid may stand in the way.
Trump's firings at US weather agency will put lives at risk, scientists say
4 Mar 2025
"There will be people who die in extreme weather events and related disasters who would not have otherwise."
Tesla's plummeting sales risk lucrative emissions credit earnings
4 Mar 2025
CEO Elon Musk has angered European customers and governments, undercutting his EV brand.
Meet Chonkus: the CO2-chomping alga that could help tackle the climate crisis
4 Mar 2025
Chonkus may sound like a champion Sumo wrestler but it is the nickname for a superpower strain of microbe that absorbs lots of CO2 relative to its size and stores it in its large cells.
Plants losing appetite for carbon dioxide amid effects of warming climate
3 Mar 2025
Earth's plants and soils reached peak carbon dioxide sequestration in 2008 but proportion absorbed has been declining since, study finds.
Big EU countries push expanded carbon border tax to help repay Covid debt
3 Mar 2025
France, Italy and Poland support the move, but others fear it might prompt Donald Trump to retaliate in anger.
Urban rewilding combats global biodiversity decline
Wed 28 May 2025
Media release | A new study led by the University of Sydney reveals how cities around the world are restoring wildlife to their former habitats in the face of ongoing urban sprawl.
US dairy farmers consider return on climate-smart milk
22 May 2025
The approach is just one of many dairy practices now considered “climate-smart” because they could cut production of climate-warming gases.
Greenwashing is rife in Australia, but could its days be numbered?
Wed 28 May 2025
COMMENT: Have you ever ticked the box to “fly carbon neutral”, had something delivered via “carbon-neutral shipping” or chosen to pay a bit extra to buy “carbon-neutral gas” from your energy retailer?
Help sustainable aviation fuels take off or delay targets, airlines warn EU
20 May 2025
Earmarked funding, risk-reduction tools, and simplified imports top Airlines for Europe’s wish list for the EU’s upcoming Sustainable Transport Investment Plan.
Govt's RMA overhaul sparks fears for nature and climate
Fri 30 May 2025
By Shannon Morris-Williams | The Government has opened public consultation on the biggest overhaul of environmental planning rules in New Zealand’s history, with critics warning it puts nature and climate at risk in favour of fast-tracked development and industry expansion.
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.
Govt mulls status quo for ETS auction settings
Thu 29 May 2025
By Liz Kivi | The government has released its consultation on the Climate Change Commission’s latest advice on Emissions Trading Scheme auction settings and volumes, putting forward the option to ignore the commission’s advice to boost auction volumes from 2028-2030.
Carbon price too low to fund carbon capture
20 May 2025
The government’s climate target to 2030 is at risk, after revelations that a carbon capture project which the government was relying on to deliver one third of its carbon reductions, might not go ahead.
Fight over coal mine heats up
Fri 30 May 2025
Forest & Bird is calling on the government to create a new scientific reserve covering the Denniston Plateau on the West Coast, which would stop a fast-tracked coal mine.
Trump’s actions are already having consequences for climate, especially for the IPCC - expert
11 Apr 2025
Leading climate scientist, Dr Kevin Trenberth, left the US and came home to New Zealand because of the rise of Donald Trump. In this comment piece, he writes that he is appalled in multiple ways by the so-called “war on science” unfolding through staff cuts and the president’s policy edicts.
Owning a green home could cut mortgage payback time by two years
9 May 2025
A green certified home plus a green mortgage and associated energy bill savings could save Kiwi families up to $98,800 over the course of their mortgage - the equivalent of being mortgage-free several years early, according to new research.
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.
Watts talks big on energy reform, but barriers persist
Thu 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.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
Fri 30 May 2025
By Liz Kivi | New Zealand could be sitting on resources for a thriving multi-billion-dollar, low-carbon hydrogen economy, which might even be capable of creating a net reduction of carbon dioxide, according to scientists.
Govt budgets $200m for would-be gas investors
23 May 2025
By Liz Kivi | Energy Resources Aotearoa has welcomed the government's plan to co-invest $200 million in fossil gas expansion, while environmental and climate groups have reacted with horror.
Glacier collapse buries most of Swiss village
Fri 30 May 2025
The Swiss village of Blatten has been partially destroyed after a huge chunk of glacier crashed down into the valley.
Oceans Commission must have teeth – minister
14 May 2025
If an Oceans Commission were to be established under the government it would need genuine powers to make change, says Minister for Oceans and Fisheries Shane Jones.
Water crisis on the horizon?
Mon 26 May 2025
Media release | Sewage contaminating Auckland oyster farms highlights the “dire state” of water infrastructure in Aotearoa, says University of Auckland Associate Professor Daniel Hikuroa.
Why expensive gas – not net-zero – is keeping UK electricity prices so high
Wed 28 May 2025
The UK’s high electricity prices have become intensely political, with competing claims over the cause of rocketing bills and how best to get them down.
Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk
2 Apr 2025
By David Dempsey, University of Canterbury | New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.
Electrification challenge for politicians, regulators
Tue 27 May 2025
Rewiring Aotearoa is calling for stronger political leadership to bring its vision of a cheaper, cleaner and stronger energy system to life, with the launch of its policy manifesto today.
Nelson backs ‘ambitious’ emissions target, but mayor nervous
Mon 26 May 2025
By Max Frethey, Local Democracy Reporter | Nelson’s mayor has been accused of “pouring cold water” on ambitious greenhouse gas emission targets proposed for the city.
Energy Australia is in court accused of greenwashing. What is the case about and why is it significant?
16 May 2025
Climate group alleges energy giant misled 400,000 customers about ‘Go Neutral’ product, arguing that carbon credits don’t actually remove emissions.
Methanex closure comes early this year
14 May 2025
The almost-now-annual closure of Methanex has come earlier this year, giving more confidence that the electricity system will get through the winter without a fuel shortfall.
While govt ‘refreshes’ fund for low carbon trucks, are transport emissions set to accelerate?
Wed 28 May 2025
By Liz Kivi | The government has announced it is updating the Low Emissions Heavy Vehicle Fund, however cuts to funds to decarbonise transport in last week’s budget, and potential changes to road user charges, could stall transport emissions reductions.
Climate change could drive surge in foreclosures and lender losses, new study finds
22 May 2025
Extreme weather linked to climate change could spell financial ruin for many American homeowners and lead to billions in losses for lenders, a new study finds.
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.
Energy Australia apologises to 400,000 customers and settles greenwashing legal action
22 May 2025
Energy retailer says carbon offsetting ‘not the most effective way’ to reduce emissions.
Kiwi cleantech companies on the world stage
Tue 27 May 2025
Six New Zealand 'cleantech' companies were in Singapore earlier this month, along with a venture capital firm and the MacDiarmid Institute, to meet investors and multinational partners.
Carbon News launches price index
24 Jun 2024
Today’s issue is the first to feature Carbon News’ own carbon price index for secondary market spot prices for NZUs on New Zealand’s compliance market.
New research reveals NZ’s natural resource footprint
Thu 29 May 2025
Media release | New research from the office of the Parliamentary Commissioner for the Environment reveals that about 107 million tonnes of natural resources were required to produce the goods and services consumed by New Zealanders in 2019 – approximately 21 tonnes per person on average.
World’s nations to gather in France to tackle what UN says is a global emergency in the oceans
Fri 30 May 2025
The world’s nations are gathering in France next month to tackle what the United Nations calls a global emergency facing the world’s oceans as they confront rising temperatures, plastic pollution choking marine life, and relentless overexploitation of fish and other resources.
Europe’s next climate target may already have been agreed in Berlin
Wed 28 May 2025
Germany’s new coalition has adopted a climate stance shaped by talks with the EU’s top climate official, signalling where the bloc may land on a likely upcoming 2040 emissions target.
Warm water affecting Antarctica’s largest ice shelf - new research
22 Apr 2025
While Antarctica’s Ross Ice Shelf is currently stable, new research shows warm water is reaching up to 170 kilometres under the front of the ice shelf.
NZ's first chance in 20 years to catch up on waste
Fri 30 May 2025
Media release | The government has announced proposals for updating the Waste Minimisation Act and the Litter Act. For the first time in nearly 20 years, Kiwis have a chance to catch up with other countries to reduce our waste and litter.
Dismissals 'massive win' for climate movement
13 May 2025
The outstanding charges against 25 climate activists who disrupted traffic in Wellington have been dropped, a move the group calls a win for the climate movement.
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.
For the first time, China invests more in wind and solar than coal overseas
Thu 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.
A fungus that can ‘eat you from the inside out’ could spread as the world heats up
Tue 27 May 2025
Infection-causing fungi responsible for millions of deaths a year will spread significantly to new regions as the planet heats up, new research predicts — and the world is not prepared.
Green budget 'ludicrous la-la land' – govt
15 May 2025
Prime Minister Christopher Luxon said the budget was "clown show economics" and an "absolute circus".
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.
More than 1 in 4 cars sold globally in 2025 expected to be EV: IEA report
Mon 26 May 2025
According to the Global EV Outlook 2025 report from the International Energy Agency (IEA), 2025 is set to be big for EV sales. The report predicts that about one in four cars sold worldwide this year will be electric, despite overall market uncertainties.
Brazil seeks early deals on two stalled issues at Bonn climate talks
Mon 26 May 2025
Moving forward work on just transition and implementing recommendations from the Global Stocktake of climate progress are key priorities for upcoming UN negotiations.
Global sea levels rise spelling catastrophe for coastal towns and cities
14 May 2025
For around 2,000 years, global sea levels varied little. That changed in the 20th century. They started rising and have not stopped since — and the pace is accelerating.
Tropical forest loss hit new heights in 2024; fire a major driver in Latin America
23 May 2025
Tropical forest loss skyrocketed in 2024, with vast swaths of primary forest consumed by fire, according to new satellite data.
NZ moving too slowly to decarbonise – former commission chair
22 May 2025
By Liz Kivi | New Zealand's energy transition is too slow and too controlled by vested interests, according to former Climate Change Commission chair Rod Carr.
