Topics tagged with 'Carbon News world'
500-plus institutional investors urge governments to step-up climate ambition
14 Sep 2022
Investor groups from around the world have released a statement signed by 532 institutional investors with US$39 trillion in assets under management (AUM), advocating for governments to enact ambitious policies that would leverage the private capital required to effectively address the climate crisis.
What happened when crypto companies entered the carbon market?
14 Sep 2022
In 2021, crypto companies were riding high. Last November, the world’s largest cryptocurrency, bitcoin, jumped to a record high of around $69,000 as investors piled into a bull run.
Energy crisis: the UK is still heading for widespread fuel poverty – despite the government’s price cap
14 Sep 2022
In October 2021, an estimated 4 million households in the UK were in fuel poverty. But the largest increase in gas and electricity prices ever in April 2022 has pushed a further 2.7 million UK households into fuel poverty, bringing the total number to 6.7 million.
50 million trapped in modern slavery due to pandemic, war, climate crisis, report finds
13 Sep 2022
From the pandemic to the climate crisis, disasters of the past five years have upended daily life, and a new report shows that in many countries the ensuing economic uncertainty has pushed millions into modern slavery.
How far has the talk walked? Glasgow Leaders’ Declaration on Forests and Land Use
13 Sep 2022
When leaders from 141 countries signed the Glasgow Declaration on Forests and Land Use, a critical step had been made in recognizing forests as critical in achieving the Sustainable Development Goals and the Paris Agreement. However, what will it take to achieve these commitments?
Floating solar farms are a game changer
13 Sep 2022
The sun’s power is virtually infinite — opportunities to collect and make use of it are not. As demand for renewable energy increases, so does the need for places to generate it.
What will King Charles's reign mean for climate action?
13 Sep 2022
As Britain's King Charles III begins his reign after the death of his mother, Queen Elizabeth II, environmental campaigners will be watching closely to see if he continues to advocate for climate action and is able to help drive change as monarch.
How climate change is tweaking the taste of wine
13 Sep 2022
Warming, wildfires and unpredictable weather threaten to disrupt the delicate processes that underlie treasured wines, putting the fine distinctions between grapes at risk.
Global drought saps hydropower, complicating clean-energy push
12 Sep 2022
Dry conditions in the U.S, Europe and China have raised questions about how hydropower fits into changing energy mix.
African nations demand climate change financing ahead of COP27
12 Sep 2022
The African continent emits only some 3% of global CO2 emissions, yet is among the most exposed to climate change.
New UN global carbon market must involve civil society to serve the climate and local communities
12 Sep 2022
The new body tasked with designing and supervising the global carbon market under the Paris Agreement must put in place environmental safeguards and protect the interests of local and indigenous communities.
Global pact sought to preserve 80% of Amazon forest
12 Sep 2022
Scientists warn that the Amazon is close to a tipping point
Forests make a comeback as African governments look to grow their carbon market
12 Sep 2022
In villages dotted across the African continent, locals living in once-heavily forested regions are starting to find their land in high demand.
Be an environmental jihadist to protect the planet
12 Sep 2022
Muslim eco-activists and scientists released an Islamic Declaration on Global Climate Change at a symposium in Istanbul, Turkey, shortly before the Paris climate summit. Seven years on journalist Rohiman Haroon calls on Muslims to take up the cause of climate change.
World on brink of five ‘disastrous’ climate tipping points, study finds
9 Sep 2022
The climate crisis has driven the world to the brink of multiple “disastrous” tipping points, according to a major study.
Australia finally has new climate laws. Now, let’s properly consider the astounding social cost of carbon
9 Sep 2022
The Conversation | The federal government’s climate change bill passed the Senateon Thursday. Among the mandates in the new Climate Change Act are assessments of the social, employment and economic benefits of climate change policies.
'Climate neutral' products are counterproductive greenwashing bluff - NGO
9 Sep 2022
Products labelled as “climate neutral” deceive consumers and undermine progress in reducing emissions, argues Environmental Action Germany, an NGO specialising in fighting environmental cases in court.
Tree planting may not reduce carbon dioxide effectively
9 Sep 2022
According to research from the University of Gothenburg, tree planting may not be the optimal strategy for reducing carbon dioxide.
How waves could power a clean energy future
9 Sep 2022
Waves off the coast of the U.S. could generate 2.64 trillion kilowatt hours of electricity per year — that’s about 64% of last year’s total utility-scale electricity generation in America.
Switching the world to renewable energy would cost $62 trillion, but the payback would take six years
8 Sep 2022
Researchers at Stanford University have published a new study which says that claims 145 of the world’s nations could switch to 100% renewable energy in a few years using renewable energy technologies available today.
Netherlands warns against EU carbon market fundraising plan
8 Sep 2022
The Netherlands has warned other European Union countries that an EU plan to use a carbon market reserve to finance their exit from Russian gas would undermine the bloc's climate change policy, and put forward alternative plans.
New Fed banking chief targeting crypto and climate change as top priorities
8 Sep 2022
The Federal Reserve’s new banking regulator outlined a broad agenda in a speech Wednesday that pushed for action on stablecoins, climate change preparations and both the safety and fairness of the finance industry.
Southern Ocean takes on the heat of climate change
8 Sep 2022
In the past 50 years, the oceans have absorbed more than 90% of the excess heat caused by our carbon dioxide emissions, with one ocean absorbing the vast majority.
When it comes to fighting climate change, California turns to beavers
8 Sep 2022
As California grapples with drought, a record heat wave and persistent wildfires, one state agency is turning to the beaver in its battle against climate change.
China droughts highlight energy challenge as climate heats up
8 Sep 2022
Hotter weather is expected to push China's enormous energy consumption even higher in the coming years.
Taxes out, subsidies in: Australia and the US are passing major climate bills – without taxing carbon
7 Sep 2022
The United States recently passed its largest climate bill ever and Australia is set to usher a 43% emissions target into law this week - but neither bills mention taxing carbon dioxide to discourage emissions.
Greenhouse gases, sea sevels hit record highs in 2021
7 Sep 2022
Greenhouse gas concentrations, sea level rise, and ocean heat all hit record highs in 2021, according to an international science report.
"Meaningless" Aussie carbon credits increasing emissions
7 Sep 2022
Some of the biggest players profiting from Australia's carbon market are backing expert analysis saying the system is generating meaningless credits that actually result in Australia's emissions going up.
New U.K. Prime Minister brings worries about research funding and climate measures
7 Sep 2022
Liz Truss may not honour promises by outgoing leader Boris Johnson to make Britain a 'science superpower'
Pakistan is bearing the brunt of the climate crisis despite ‘small carbon footprint,’ minister says
7 Sep 2022
Pakistan is facing the worst consequences of the climate crisis thanks in part to the actions of the developed world, Finance Minister Miftah Ismail said, as the country battles the worst floods in its history.
Residential green spaces protect growing cities against climate change
7 Sep 2022
The urban population of Canada is growing by more than 400,000 annually, and these new urban residents need housing.
Berlin freezes carbon price in the name of crisis relief
6 Sep 2022
The German government will suspend the price increase of its domestic carbon price for one year as part of a €65 billion relief package meant to alleviate the strain of record-breaking energy prices.
Costs associated with carbon emissions three times US govt estimate: study
6 Sep 2022
The social cost of carbon is significantly higher than the federal estimate, according to a study published Thursday in the journal Nature.
‘Gigantic missed opportunity’: Chile rejects green constitution
6 Sep 2022
Chile rejected a new constitution on Sunday which, if accepted, would have significantly expanded environmental rights and recognised the urgency of climate action.
Why defusing 'carbon bombs' offers a promising new agenda for tackling climate change
6 Sep 2022
A carbon bomb is a fossil fuel extraction project, such as a coal mine, that can cause over a metric gigaton of CO₂ emissions during its lifetime. That's a billion tons—more than twice the UK's annual emissions from a single project.
Europe is bracing for a brutal, cold winter
6 Sep 2022
European governments are scrambling to avert a full-scale energy crisis after Russia’s last-minute decision to halt gas deliveries through the key Nord Stream pipeline indefinitely.
How Indian EV startups are mobilising mass adoption
6 Sep 2022
The Indian automobile industry is the fifth largest in the world, with a goal of becoming the third largest by 2030.
World’s largest wind farm begins full operation off the coast of Yorkshire
5 Sep 2022
The world’s largest completed wind farm, the 1.3GW Hornsea 2 project off the coast of Yorkshire, is now in full operation, according to its developer, the Danish energy giant Ørsted.
The botanic matchmakers that could save our food supply
5 Sep 2022
Undomesticated plants could help their farmed cousins adapt to climate stresses, but that requires tracking them down around the world while also 'decolonizing botany'.
Municipalities can overcome Europe’s fossil-fuel addiction
5 Sep 2022
Europe’s fossil-fuel addiction is painfully clear amid the global energy crisis and the unfolding horrors in Ukraine.
Nearly 150 Spanish cities rolling out low-emission zones in 2023
5 Sep 2022
Spain is getting serious about cleaning up its air, and that’s the case in cities across the country. Due to the Climate Change and Energy Transition Law, most Spanish cities will be implementing low-emission zones within their borders in 2023.
Indonesia’s push to reach net zero emissions can help power a new phase in its economic development
5 Sep 2022
Indonesia has a target to meet net zero emissions by 2060, and is reaching a new phase of economic development to do so.
Can carbon capture and storage help Australia achieve net zero by 2050?
5 Sep 2022
Across Australia, 10 new offshore areas were last week approved for oil and gas exploration, as were permits for two new offshore greenhouse gas storage facilities.
Global turbulence may herald 'giant leap' to a greener era, says top scientist
2 Sep 2022
As rocketing energy and food prices fuel inflation and social discontent in many countries, the world may have entered a period of "big turbulence" that could force a green transition in the global economy, said a leading environmental scientist.
French fossil fuel ad ban: what it means and the opportunity for agencies
2 Sep 2022
France is the first European country to ban fossil fuel advertising. The ban, which comes into effect next year, could see companies fined up to €100,000 for breaching the rules.
Relying on carbon capture in fossil fuel sector will not work: IEEFA
2 Sep 2022
The number of failures and underperforming carbon capture projects has outnumbered the successful projects considerably. Ten of the 13 flagship projects reviewed, comprising 90% of the total capture capacity in the sample, have failed or are underperforming mostly by large margins, finds a new report titled The Carbon Capture Crux – Lessons Learned, produced by the Institute for Energy Economics and Financial Analysis (IEEFA).
Electric batteries are fueling the shift from petrol-powered bikes in Kenya
2 Sep 2022
Thousands of e-motorcycles have been provided by startup Roam to riders in Kenya, to initiate the move from petrol to electric.
Mapping US coastlines may ‘drive more equality’ in climate adaptation policy
2 Sep 2022
A Canadian technology company is building aerial imagery of US shorelines which could be used to help coastal communities mitigate climate change.
Wooden cities ‘could save more than 100bn tonnes of CO2 by 2100’
2 Sep 2022
Housing a growing population in homes made out of wood instead of conventional steel and concrete could avoid more than 100 billion tonnes of carbon dioxide emissions until 2100.
Inside the ‘energy villages’ powering Germany’s green transition
1 Sep 2022
Neighbours in the Black Forest region of Germany have come together to create a community power plant, in a quest to achieve energy sovereignty.
Climate progress slowing, says Auckland councillor
Thu 5 Jun 2025
By Shannon Morris-Williams | The devastating cyclone that tore through Tāmaki Makaurau in 2023 left behind more than just broken infrastructure, sparking calls to focus on facts over ideology in the fight against climate change.
Watts coy about meeting environmental groups over methane target
Mon 9 Jun 2025
By Liz Kivi | Climate change minister Simon Watts won’t say whether he’ll meet NGOs to discuss New Zealand’s approach to methane emissions, with five environmental organisations joining forces to ask for a meeting to warn the government off weakening methane targets.
Greenwashing is rife in Australia, but could its days be numbered?
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.
Microplastics found in sand on dozens of NZ beaches
Wed 4 Jun 2025
Scientists have extracted microplastics from the sand of 22 beaches from the Far North to Banks Peninsula.
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
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
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.
Common low-grade clay strengthens low-carbon concrete
Thu 5 Jun 2025
Media release | Engineers at RMIT University have converted low-grade clay into a high-performance cement supplement, opening a potential new market in sustainable construction materials.
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
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.
Labor accused of ‘gaslighting’ Australians on climate crisis as fossil fuel projects keep getting approved
Mon 9 Jun 2025
‘They offer sympathy and then just go and approve massive fossil fuel projects anyway,’ one advocate says.
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.
Extreme ocean warming engulfed South-West Pacific in 2024
Fri 6 Jun 2025
By Shannon Morris-Williams | Unprecedented ocean warming engulfed the South-West Pacific in 2024, with extreme heat and rainfall causing deadly and devastating impacts and sea level rise threatening entire islands.
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.
Fed Farmers launches campaign against carbon forestry
Fri 6 Jun 2025
By Liz Kivi | Federated Farmers has launched what they are calling the ‘Save Our Sheep’ campaign, blaming carbon forestry for declining sheep numbers and calling on the government to urgently review the Emissions Trading Scheme.
Gas supply reducing faster than forecast
Thu 5 Jun 2025
By Liz Kivi | Gas reserves have reduced 27% as of 1 January 2025 compared to last year, according to data released today by the Ministry of Business, Innovation and Employment.
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
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.
How the little-known ‘dark roof’ lobby may be making US cities hotter
Fri 6 Jun 2025
As cities heat up, reflective roofs could lower energy bills and help the climate. But dark-roofing manufacturers are waging a quiet campaign to block new rules.
Greenpeace Denmark complaint accuses dairy giant of 'systemic greenwashing'
Mon 9 Jun 2025
"Greenwashing and false marketing will not be tolerated, no matter how big you are and where you are based," said one Greenpeace Denmark campaigner.
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.
What happened to the hydrogen economy?
3 Jun 2025
The hydrogen car that was supposed to carry us into a cleaner future is still not in the driveway. In fact, outside of a few test markets, it’s not in anyone’s driveway.
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.
Could ‘orange’ hydrogen be NZ’s key to net-zero?
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.
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.
Govt's RMA overhaul sparks fears for nature and climate
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.
Waste Levy risks becoming ‘slush fund’ under proposed changes – Commissioner
Thu 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.
Top ocean experts sound the alarm over growing marine crisis due to climate change
Fri 6 Jun 2025
On the opening day of a global science conference, French fishery scientist Clea Abello presented research showing that marine protected areas could protect commercially valuable fisheries.
New research reveals NZ’s natural resource footprint
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.
NZ's first chance in 20 years to catch up on waste
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.
Global energy investment set to hit record $3.3 trillion in 2025, IEA says
Fri 6 Jun 2025
A surge in clean energy spending is expected to drive a record $3.3 trillion in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency said on Thursday.
Tech alone won’t save us, warns climate expert
Wed 4 Jun 2025
By Shannon Morris-Williams | Technology alone won't be enough to reach net zero emissions, environmental psychologist Lorraine Whitmarsh told the Carbon and Energy Professionals conference in Auckland last week.
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".
Biochar's negative emissions tech coming to Fieldays
Fri 6 Jun 2025
Biochar Network New Zealand will showcase its negative emissions technology biochar at this year's Forestry Hub at Fieldays 2025.
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.
“It’s not the car – it’s how we move” – EECA
3 Jun 2025
By Shannon Morris-Williams| New Zealand’s transport emissions conversation has focused heavily on electric vehicles – but Richard Briggs, group manager, delivery and partnerships at the Energy Efficiency and Conservation Authority, says we’re asking the wrong question.
Europe’s next climate target may already have been agreed in Berlin
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.
Water crisis on the horizon?
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.
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.
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.
