Topics tagged with 'Carbon News world'
Why big central banks are becoming climate warriors
17 Dec 2021
The world’s largest central banks have been joining the fight against climate change, figuring that they can’t ignore the mounting risks of doing nothing. Melting glaciers may be a huge leap from monetary policy, but policy makers say they must respond to threats that have the potential to disrupt the global economy.
Japan eyes carbon credits with decarbonisation drive
17 Dec 2021
Japan is gearing up to develop a carbon credit market in the country, which it views as increasingly necessary for offsetting remaining greenhouse gas (GHG) emissions to achieve its 2050 carbon neutral goal.
World's largest asset managers fail to back climate-action resolutions
16 Dec 2021
Many of the world's biggest money managers have pledged to make their investment portfolios reach net-zero greenhouse-gas emissions by the mid-century. But they still aren't using their shareholder voting power to place more pressure on the companies whose stock they own to take action on climate change.
Warming climate expected to degrade forecasting abilities
16 Dec 2021
Researchers from Stanford University have published a new study in Geophysical Research Letters, showing how forecasts may become unreliable sooner due to increasingly warmer weather.
Buildings key to achieving Europe’s climate goals
16 Dec 2021
The revision of the Energy Performance of Buildings Directive (EPBD), expected from the European Commission today, as part of the Fit for 55 package, is a legislative milestone which cannot go under the radar.
How we measure the effects of methane matters for climate policy
16 Dec 2021
An international team of researchers explored how focusing either on the short- or long-term warming effects of methane can affect climate mitigation policies and dietary transitions in agriculture.
Wall Street could crumble under the weight of a ‘carbon bubble'
16 Dec 2021
If Wall Street were a country, it would be the fifth-largest emitter of atmosphere-warming carbon emissions, nestling it right between Russia and Indonesia, a new report says.
'World’s first carbon-negative green hydrogen project' announced in California
16 Dec 2021
A US start-up says it will produce carbon-negative green hydrogen from wood waste at a plant in Bakersfield, California, as soon as 2024.
UN confirms record 38C temperature for the Arctic
15 Dec 2021
The World Meteorological Organization (WMO) has confirmed that a temperature of 38 degrees reached in a Siberian town last year was a record for the Arctic.
Green finance groups slam HSBC's carbon exit plan
15 Dec 2021
British banking giant HSBC has published a plan to stop financing thermal coal activities but it is being criticised by environmentalists for not going far enough.
Climate change likely played a role in deadly US tornadoes
15 Dec 2021
The series of weekend tornadoes that ripped through the parts of the US this weekend adds to another stretch of deadly and potentially unprecedented weather disasters that plagued the planet this year. Meteorologists and climate scientists say the latest outbreak is historic.
Germany's Annalena Baerbock criticises Russia over SC climate veto
15 Dec 2021
German Foreign Minister Annalena Baerbock criticised Russia on Tuesday for blocking UN efforts to tackle climate change.
Denmark bets on North Sea carbon capture to hit climate goals
15 Dec 2021
Denmark will allocate 16 billion Danish crowns (US$2.43 billion) towards carbon capture and storage subsidies over the coming decade in a move to reach one of the world's most ambitious climate targets, its government has announced.
Dezeen's top 10 low-carbon buildings of 2021
15 Dec 2021
Architecture website Dezeen's has listed its 10 top low-carbon buildings of 2021.
Plastic production accounts for much larger carbon footprint than previously thought
14 Dec 2021
Plastic production accounted for 96% of the particulate matter health footprint, according to a new study led by ETH Zurich, a public research university. Half of this was attributed to combustion of coal
Germany approves billions for climate, modernisation fund
14 Dec 2021
The German government on Monday approved 60 billion euros (NZ$114 billion) in funding to be used for combating climate change and modernizing the country, a move that the new finance minister described as a “booster” for Europe's biggest economy.
How Bangladesh’s poor are paying the costs of climate damage
14 Dec 2021
When Cyclone Yaas slammed into her home in southwest Bangladesh in May, destroying it and sweeping away in the floodwaters the small amount of cash she had saved, Amina Begum had few options.
‘2.4C is a death sentence’: Vanessa Nakate’s fight for the forgotten countries of the climate crisis
14 Dec 2021
She started a youth strike in Uganda – then just kept going. She discusses climate justice, reparations, imperialism and why the global north must take responsibility
The politics of climate change and ESG are about to get ugly
14 Dec 2021
2022 will bring another election in the United States, a blessing bestowed upon Americans every 24 months. We’ll hear about the economy, jobs, immigration, wages, vaccines, health care, housing, guns, abortions and — wait for it — climate change and ESG.
Europe's big meat and dairy firms accused of climate 'greenwash'
14 Dec 2021
Greenhouse gas emissions from Europe's biggest meat and dairy firms continue to increase, according to a new report Monday (Dec 13), which found many firms are polluting "with impunity".
Aussie carbon price outpacing house gains
13 Dec 2021
On Woomargama station 50 km north of Albury on the NSW-Victorian border, Clare Cannon is excited about the future.
When carbon credits drive people from their homes
13 Dec 2021
The Mayo River begins in the tropical cloud forests of Northeastern Peru. Where the Andean foothills meet the Amazonian plains, bromeliads, ferns, and mosses grow under palms, tropical hardwoods, and the liana vines that climb their trunks.
Who will be the judge of countries' climate plans?
13 Dec 2021
Countries have until the end of next year to ensure their climate commitments meet the Paris agreement's cap on global warming. But who will check that their promises really do stack up?
U.S. pulls the plug on new overseas fossil-fuel investments
13 Dec 2021
The United States has announced an immediate end to federal investment in charcoal and other carbon-intensive projects overseas, as part of the Biden administration’s efforts to fight climate change and boost renewable energy.
Mapped: Europe’s fossil fuel-backed hydrogen lobby
13 Dec 2021
Behind the push for hydrogen lies a sprawling network of lobby groups, PR firms and consultancies, many of them funded by oil and gas companies.
Security Council to vote on historic climate change resolution
13 Dec 2021
The UN Security Council is expected to vote on a draft resolution on climate change and security today which was co-authored by Ireland and Niger, the co-penholders on the climate file.
How close are we to price parity between EVs and ICE vehicles?
10 Dec 2021
The price of the batteries that power electric vehicles has fallen by about 90 percent since 2010, a continuing trend that will soon make EVs less expensive than gasoline vehicles.
Carbon prices, long in the dumps, surge in U.S. and Europe
10 Dec 2021
Carbon bulls are on the ride.
Carbon market asymmetry: time to put power in the hands of people on the ground: opinion
10 Dec 2021
Eric Wilburn, the co-founder of the Carbon Cooperative, argues there's an asymmetry between those buying carbon credits and the often small-scale projects doing much of the heavy lifting when it comes to offsetting.
The millions of tonnes of carbon emissions that don't offically exist
10 Dec 2021
How a blind spot in the Kyoto Protocol helped create the biomass industry.
Boost for Tuvalu's economic, social and climate resilience
10 Dec 2021
Tuvalu will receive a significant boost with the World Bank’s Board of Executive Directors approving a US$17.5 million commitment to support its ongoing climate adaptation efforts.
Climate threats are multiplying in the Horn of Africa
10 Dec 2021
Jutting out from the second-largest continent, the Horn of Africa is one of the world’s regions most vulnerable to climate change. The four countries on the peninsula—Djibouti, Eritrea, Ethiopia, and Somalia—are warming more quickly than the global average, with dangerous implications for unrest and conflict within and across their borders.
Why climate lawsuits are surging
9 Dec 2021
Activists are increasingly suing governments and companies to take action against climate change – and winning. Could this be a turning point?
Germany’s new climate minister aims for green economic miracle
9 Dec 2021
Once again, a German minister is planning to revolutionize his country’s economy in the face of crisis.
African Union urged to bring political clout to Egypt climate talks
9 Dec 2021
Africa has been trying for years to get its special needs and circumstances officially recognised in UN climate talks, without success. The bloc left Glasgow last month disenchanted once again.
The ‘idea’: Uncovering the peatlands of the Congo Basin
9 Dec 2021
The notion seemed straightforward: A massive swamp in the Congo Basin relatively unknown to most of the world, apart from a few human communities and a bewildering array of wildlife, could be the ideal spot for a carbon-rich soil known as peat.
Jonathan Pie: The World's End (COP26 short film with George Monbiot, Caroline Lucas & Ed Miliband)
9 Dec 2021
As all the environment correspondents are sick with COVID, reporter Jonathan Pie gets sent to the UN Climate Conference in Glasgow (aka COP26) despite knowing very little about the climate crisis. But he reckons he can wing it.
Plants buy us time to slow climate change—but not enough to stop it
9 Dec 2021
Because plants take up carbon dioxide from the atmosphere and convert it into food, forests and other similar ecosystems are considered to be some of the planet's most important carbon sinks.
UK government set to step in as carbon price mechanism is triggered
8 Dec 2021
The UK government could intervene in the carbon market to reduce the costs big polluters have to pay for emissions permits, according to The Times.
Benchmark EU carbon price hits record high at 85 euros a tonne
8 Dec 2021
The Benchmark European carbon price hit a record high yesterday, climbing to 85 euros a tonne for the first time since the European Union's carbon market launched in 2005.
2021's weather disasters brought home the reality of climate change
8 Dec 2021
From punishing heat in North America to record-breaking floods in Europe and Asia, this year’s weather showed us what it looks like to live in a world that has warmed by 1.1 degrees Celsius over the past century.
A giant 'black box' will gather all climate data for future civilizations to learn from
8 Dec 2021
Every time new climate research is published, news headlines are posted or tweets are shared, a giant steel box perched on a granite plain in the Australian state of Tasmania will be recording it all.
Scientists join Swiss hunger strike to raise climate alarm
8 Dec 2021
In early November, as politicians promised more climate action in their opening speeches at the United Nations climate talks in Glasgow, Guillermo Fernandez started a hunger strike in Switzerland’s Federal Square, saying he wouldn’t eat again until the Swiss Federal Assembly agreed to a climate science briefing.
Wealthy people cause climate change much more than poorer people do: report
8 Dec 2021
The disparity in greenhouse gas emissions between rich and poor countries — and rich and poor people within countries — is just as extreme as economic inequality, a new report finds.
Carbon trading gets a green light from the U.N., and Brazil hopes to earn billions
7 Dec 2021
Carbon emissions trading is poised to go global, and billions of dollars — maybe even trillions — could be at stake. That's thanks to last month's U.N. climate summit in Glasgow Scotland, which approved a new international trading system where companies pay for cuts in greenhouse gas emissions somewhere else, rather than doing it themselves.
India not a climate villain: opinion
7 Dec 2021
India has somehow emerged as the villain of last month’s United Nations Climate Change Conference (COP26), blamed for resisting cuts to coal consumption even as toxic air envelops its capital, New Delhi. Shashi Tharoor argues that's unfair.
World's largest carbon capture pipeline aims to connect 31 ethanol plants
7 Dec 2021
Iowa-based Summit Carbon Solutions, an offshoot of Summit Agriculture Group, is behind the $4.5 billion Midwest Carbon Express project, with the goal of sending 12 millions tons of CO2 annually to western North Dakota, where it can be stored underground. It would be the largest carbon capture project in the world.
Biden administration chose incremental change over sweeping climate action
7 Dec 2021
On the Friday after Thanksgiving—a day the federal government notoriously reserves for dropping politically inexpedient information—activists were blindsided by a long-anticipated report from the U.S. Department of the Interior. The document was a review of the agency’s oil and gas leasing program, which manages fossil fuel extraction on federal public lands and waters.
Climate migration will worsen the brutality in the Mediterranean: opinion
7 Dec 2021
In July 2018, an Italian-flagged oil supply ship called the Asso Ventotto that was crossing the Mediterranean Sea encountered a stalled rubber raft carrying 101 desperate migrants.
Free tree for every Welsh household in climate initiative
7 Dec 2021
Some will plant a modest fruit tree in their small back garden while those with more space might plump for a sapling that will, hopefully, grow into a mighty oak.
'A sneeze in the night': Peters questions NZ's climate culpability
Mon 4 Aug 2025
New Zealand First seems to be vying with ACT and farming lobby group Groundswell to claim credit for being the first to call for New Zealand to withdraw from the Paris Agreement.
Climate change policy growing concern for farming sector
Mon 4 Aug 2025
By Shannon Morris-Williams | While farmer confidence has hit an eight-year high, concerns about climate change policy and the Emissions Trading Scheme are growing in New Zealand’s rural sector, according to Federated Farmers.
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.
Why plane turbulence is becoming more frequent - and more severe
Wed 6 Aug 2025
As climate change shifts atmospheric conditions, experts warn that air travel could become bumpier: temperature changes and shifting wind patterns in the upper atmosphere are expected to increase the frequency and intensity of severe turbulence.
Taking NZ biodiversity to the world
Wed 6 Aug 2025
Media release | Sanctuary Mountain Maungatautari and Ekos are making history by launching New Zealand biodiversity and conservation into the global marketplace.
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
Fri 1 Aug 2025
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.
Gentailers to stockpile coal under new deal
Tue 5 Aug 2025
By Shannon Morris-Williams | An agreement between New Zealand’s four major electricity generators to establish a 10-year fuel reserve is being labelled a 'climate change stockpile', and could undermine momentum for renewable energy investment.
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?
Fri 1 Aug 2025
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.
China updates green taxonomy to increase energy transition finance
Today 10:00am
China has updated its green taxonomy as part of the country’s efforts to strengthen its net-zero transition ambitions and reduce fragmentation.
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.
Tairāwhiti group warns forestry rollback will fuel future disasters
Today 10:00am
By Shannon Morris-Williams | A sustainable land-use advocacy group has slammed government proposals they say will gut forestry protections and roll back hard-fought gains made in the wake of Cyclone Hale and Gabrielle.
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.
Can the US timber industry and forest carbon credit programs coexist?
Wed 6 Aug 2025
The climate crisis is forcing society to rethink existing technological and ecological systems. At the nexus of this challenge is how the U.S. values and manages forests.
Labour vows to reinstate oil and gas ban
Wed 6 Aug 2025
By Liz Kivi | The Labour Party is promising to reinstate a ban on new oil and gas exploration permits, but won’t say if they will go even further and commit to revoking permits if elected.
A modest geothermal strategy
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.
Barclays exits net zero banking alliance
Tue 5 Aug 2025
Barclays will exit the Net-Zero Banking Alliance, marking the second UK-based bank to withdraw from the UN-backed coalition dedicated to advancing global net zero goals through their financing activities, after the departure last month of HSBC.
EU climate goals at risk as ailing forests absorb less CO2, scientists say
Tue 5 Aug 2025
Damage to European forests from increased logging, wildfires, drought and pests is reducing their ability to absorb carbon dioxide, putting European Union emissions targets at risk, scientists warn.
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”.
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
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.
Insurers need to get ready for the next climate-fuelled disaster: FMA
Wed 6 Aug 2025
Insurers need to do more to improve their claims processes and services as climate-driven disasters increase in frequency and severity, according to the Financial Markets Authority.
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.
First-of-a-kind US class-action lawsuit would force EPA to reinstate $3bn climate program
Today 10:00am
Coalition of non-profits, tribes and local governments sued EPA chief for halting climate justice grants.
Fund for low emissions transport winds up
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.
Backlash over govt conservation changes
Mon 4 Aug 2025
By Shannon Morris-Williams | The government’s proposed changes to the Conservation Act are the most significant roll back in conservation protections in a generation, according to the Green Party.
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.
Last minute change to oil and gas legislation over cleanup costs
31 Jul 2025
By Liz Kivi | The government is expected to repeal the oil and gas ban today, with a last-minute amendment handing discretionary power to two ministers over the controversial issue of decommissioning.
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.
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.
Divided nations start 'final' talks on UN plastics treaty
Wed 6 Aug 2025
The key divide is whether the new treaty includes a target to limit plastic production or just focuses on recycling and waste management.
A new report shows how local climate activism leads to ‘remarkable’ gains
Today 10:00am
Efforts to pass laws and advance clean energy projects can significantly reduce emissions, and at a low cost.
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.
China’s solar panel exports fall 3% in June, report shows
Today 10:00am
Chinese photovoltaic panel exports declined three percent in June from the previous month, mainly because of shrinking demand from the Asia-Pacific region.
Warmer end to winter but dry spell expected over southern lakes
Tue 5 Aug 2025
As hydro lake levels hover just below average levels, climate forecasts indicate that warmer than usual weather conditions will reduce demand, but there will likely be less rain over the southern hydro lakes as New Zealand moves towards spring and summer.
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
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.
'Yet another rate': Franz Josef ratepayers balk at $2.8m stopbank extension
Mon 4 Aug 2025
By Lois Williams, Local Democracy Reporter | Franz Josef ratepayers have given the thumbs down to plans for a $2.8 million stopbank extension to protect the town’s sewerage plant from the Waiho River.
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.
