Topics tagged with 'Carbon News world'
$22-trillion time bomb’ ahead unless banks drop high-carbon investments: Moody’s
30 Nov 2021
Financial institutions are facing a US$22-trillion time bomb due to their investments in carbon-intensive industries, Bloomberg News reports, citing a study last week by Moody’s Investment Services.
Asset owners have little impact in reducing carbon footprints of companies: report
30 Nov 2021
The world’s largest stewards of capital are struggling to move the needle on companies’ carbon footprints and emissions reduction efforts, according to research conducted by EDHEC-Risk Institute.
UN shipping body agrees voluntary measures to cut black carbon in the Arctic
30 Nov 2021
Ship operators have been urged to switch to cleaner fuels in the Arctic, under a resolution to cut black carbon emissions at the International Maritime Organization (IMO) last week.
Climate 'overwhelming' driver of Australian bushfires: study
30 Nov 2021
Climate change is the "overwhelming factor" driving the country's ever-more intense bushfires, Australian government scientists believe -- directly contradicting claims by the country's political leaders.
Experts, activists say health equity needs more emphasis in fight against climate change
30 Nov 2021
Nearly three decades after the world first came together to address climate change, its impact on human health was a focus of talks this month in Glasgow, Scotland.
Is the climate crisis really on the WTO’s agenda?
30 Nov 2021
Member states are pushing the climate crisis on the trade agenda at the upcoming Ministerial Conference in Geneva. But looking at the World Trade Organization’s track record, it could be too late before real change is seen.
UN shipping talks fail to speed up faster carbon exit
29 Nov 2021
Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that sought to speed up decarbonization of the sector failed to make progress, officials said on Friday.
Offsetting agricultural emissions through reforestation would cost Australian farmers 15% of farm profit
29 Nov 2021
Offsetting agricultural emissions through reforestation would cost 15% of farm profits, new research suggests.
Film of polar bear eating reindeer seen as evidence of climate change
29 Nov 2021
Rare footage of a polar bear chasing a reindeer into the water and killing it could be another stark indication of climate change.
The clean energy transitions enters hyperdrive
29 Nov 2021
After decades in which governments and industry groups have often assumed that the shift to renewable energy will be a financial burden, economists and analysts are increasingly making a case that the opposite is true: The transition will lead to cost-savings on a massive scale that will add to its momentum.
To win the new climate war, we need a new strategy: book review
29 Nov 2021
The well-known US climatologist Michael E. Mann is no pussyfooter. He likes to provoke, which makes his new book downright entertaining.
No accountability for US carbon bootprint
29 Nov 2021
Why are some emissions entirely absent in climate negotiations? This is not simply a matter of whether to address them — but whether they are accounted for at all.
The Arctic Ocean began warming decades earlier than previously thought
26 Nov 2021
The Arctic Ocean has been warming since the onset of the 20th century, decades earlier than instrument observations would suggest, according to new research.
How to cope in a world of climate disasters, trauma and anxiety: Yale psychologist
26 Nov 2021
Climate change is changing how human beings live on the earth as floods, wildfires and extreme weather change the land and destroy property.
China's carbon emissions fall for first time since COVID lockdowns: report
26 Nov 2021
China's CO2 emissions fell in the third quarter for the first time since the country reopened from COVID-19 lockdowns, research published Thursday showed, in what experts said could mark a carbon "turning point" for the country.
Is Norway a climate hypocrite?
26 Nov 2021
In many ways, Norway is exceptionally green. About 95% of its electricity comes from hydropower, and nearly all the rest from other renewables such as thermal and wind.
Australian climate activists battling increased repression and surveillance
26 Nov 2021
A new report has highlighted the escalating threats and harsh penalties facing those calling for climate action in Australia.
Decomputerise to decarbonise - a debate we can't avoid: opinion
26 Nov 2021
It’s time to talk about technologies seen as clean that may be causing our planet significant harm
The fight to dismantle a shadow court system threatening climate goals
25 Nov 2021
The Energy Charter Treaty is not widely known, yet it’s feared the influence of this international agreement could be enough by itself to derail hopes of capping global heating to 1.5 degrees Celsius.
How a new global carbon market could exaggerate climate progress
25 Nov 2021
Nations are poised to begin building an international carbon market, after finally adopting the relevant rules at the UN climate conference in Glasgow earlier this month.
Pledges not enough to keep warming below 2 degrees
25 Nov 2021
In the aftermath of the United Nations’ annual climate conference earlier this month, scientists have a sobering message: The world still is not on track to meet its international climate goals.
Free green services can reduce harmful emissions
25 Nov 2021
New research led by the University of Leeds has found that using carbon tax revenue to fund free green electricity and public transportation could significantly reduce households’ greenhouse gas emissions. Providing green services for free can help decrease home energy emissions by 13.4 percent and motor fuel emissions by 23.8 percent.
Europe’s social climate fund too small to make a difference: critics
25 Nov 2021
The European Commission proposed a “social climate fund” to protect vulnerable people from changes brought by the energy transition. Still, it is not fit for purpose, according to researchers and policymakers in the European Parliament.
Climate change causing albatross divorce: study
25 Nov 2021
When relationships end it might be because the spark has disappeared, or maybe you just can't make time for one another.
What's next for the Fed on climate change
24 Nov 2021
The Federal Reserve is poised to increase its climate focus even as President Biden's nomination of Chairman Jerome Powell to a second term disappointed advocates of policies to tilt the economy away from fossil fuels.
ECB warns most EU banks have no 'Paris' climate plan
24 Nov 2021
The European Central Bank (ECB) has warned that most commercial banks it supervises do not have concrete plans to start preparing for climate change.
Big climate change job awaits WTO
24 Nov 2021
From laying down the law on fossil fuel subsidies to promoting low-carbon supply chains, there is no shortage of ways in which the World Trade Organisation could be at the forefront of the global fight against climate change.
Why oil industry's pivot to carbon capture isn't a solution
24 Nov 2021
After decades of sowing doubt about climate change and its causes, the fossil fuel industry is now shifting to a new strategy: presenting itself as the source of solutions. This repositioning includes rebranding itself as a "carbon management industry."
Corporate net zero targets: Greenwashing or genuine climate action?
24 Nov 2021
From Big Oil to Big Tech, major companies are promising to go net zero and wash away their carbon sins. But critics say the corporate climate pledges are a smokescreen.
Canada’s tar sands challenge the existence of land and people
24 Nov 2021
The first mine opened when Jean L’Hommecourt was a young girl, an open pit where an oil company had begun digging in the sandy soil for a black, viscous form of crude called bitumen.
Farmers drive tractors through Dublin as they protest government plans
23 Nov 2021
A convoy of around 100 tractors and farm vehicles rolled through Dublin city centre on Sunday, as Irish farmers protested against government climate change plans.
China creates vast research infrastructure to support ambitious climate goals
23 Nov 2021
China, the world’s top carbon emitter, has for the first time published plans broadly outlining how it might achieve net-zero carbon emissions by 2060, and a peak of emissions before 2030 — promises it made in 2019.
Nigeria commits to annual carbon budgets to reach net zero under climate law
23 Nov 2021
Nigeria has become the first major developing country to commit to set annual carbon budgets to plot its path to cutting emissions to net zero.
Canadian steelmakers embrace 'green steel' as carbon taxes set to rise
23 Nov 2021
The Canadian steel industry is at a crossroads, with government policies like carbon pricing designed to combat climate change hitting manufacturers' bottom lines and international pledges likely to seek further concessions from companies that burn
UN hails nuclear as the lowest carbon electricity source
23 Nov 2021
A new report by the United Nations Economic Commission for Europe (UNECE) that examined the lifecycle carbon produced by all technologies suggests that nuclear power generates less carbon dioxide emissions over its lifecycle than any other electricity source.
Climate warming forecasts may be too rosy: study
23 Nov 2021
UN projections of how much current climate policies and national pledges to cut carbon pollution will slow global warming are more uncertain than widely assumed.
US climate pledge faces test in Senate with global impact
22 Nov 2021
After talking the climate talk at U.N. negotiations in Scotland, the Biden administration now tests whether a divided United States can walk the climate walk: push a massive investment for a new era of clean energy through the narrowest of margins in the Senate.
Polluters face price pain as global carbon trading system moves forward
22 Nov 2021
A Cop26 breakthrough means emissions trading schemes can work together worldwide with less fear of being gamed.
Every battery is a treasure box
22 Nov 2021
Each wooden box is as big as a grand piano. Employees in gray T-shirts open the strong hinges, remove safety foils and loosen the fixings. Now they can lift the heavy battery system out with a crane and carefully maneuver it onto the forklift.
Mining Bitcoin is putting communities on the frontline of the climate crisis at risk: experts
22 Nov 2021
The rise of cryptocurrencies could disproportionately impact those most vulnerable to the climate crisis, a new paper has found.
What role can nuclear energy play in Africa’s climate transition?
22 Nov 2021
African states should not be denied the opportunity to use nuclear energy, but it should be a solution of last resort, argues arms control expert Olamide Samuel.
Coffee prices could spike due to climate change and supply chain issues
22 Nov 2021
On top of weather limiting the supply of beans, many suppliers are dealing with issues of logistics fueled by a shortage of shipping vessels and containers.
Tipping point for Antarctic ice sheet may have been reached
19 Nov 2021
A new study published in Nature Communications adds to the growing body of evidence that recent ice loss from the Antarctic Ice Sheet may signal the beginning of a prolonged period of ice sheet retreat and substantial global sea level rise.
Aussie biodiversity market a step closer
19 Nov 2021
Plans to pay farmers for the biodiversity benefits they deliver have progressed today with the Australian Government kicking off the legislation process.
Climate change deniers are over attacking the science. Now they attack the solutions
19 Nov 2021
A new study charts the evolution of right-wing arguments.
How a carbon price could gut animal agriculture without taxing farmers
19 Nov 2021
Even a very modest carbon price would offer most farmers and ranchers more revenue than they make raising animals for slaughter, according to the scientist who founded Impossible Foods.
Toyota bets big on hydrogen as an alternative route to carbon neutrality
19 Nov 2021
Toyota is betting big on hydrogen and is collaborating with Kawasaki, Subaru, Mazda and Yamaha on the production, transportation and use of hydrogen.
Standards needed to stop private equity cashing in on dirty assets: tax expert
19 Nov 2021
Tax expert professor Richard Murphy argues that without a comprehensive accounting standard for climate change private equity will have a field day exploiting dirty assets for short term gain.
Coming off climate talks, US to hold huge crude sale in Gulf
18 Nov 2021
The U.S. Interior Department on Wednesday will auction vast oil and gas reserves in the Gulf of Mexico estimated to hold up to 1.1 billion barrels of crude, the first such sale under President Joe Biden and a harbinger of the challenges he faces to reach climate goals that depend on deep cuts in fossil fuel emissions.
Don’t be too critical on China for changing pledge on coal: EU climate chief
18 Nov 2021
The EU’s climate chief told CNBC that he “wouldn’t be too critical of China” when it comes to assessing negotiations at the COP26 climate change summit in Glasgow, Scotland.
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.
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.
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.
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.
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.
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.
Vanuatu criticises Australia for extending gas project while making COP31 bid
Wed 4 Jun 2025
Vanuatu’s climate minister has expressed disappointment over Australia’s decision to extend one of the world’s biggest liquefied natural gas projects and said it raises questions over its bid to co-host the COP31 summit with Pacific nations.
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.
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.
What happened to the hydrogen economy?
Tue 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.
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.
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.
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".
US: Clean energy project cancellations top $14 Billion so far in 2025
Wed 4 Jun 2025
Businesses have pulled the plug on big projects amid Trump’s retreat on climate action. But plenty remain in the pipeline, awaiting a Congressional decision on tax credits.
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
Tue 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.
