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Australia carbon credit issuance surpasses 20 million

2016-01-29 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Carbon Pulse: Australias Clean Energy Regulator (CER) this week issued more than half a million Australian Carbon Credit Units (ACCUs), taking the total number issued since 2011 past 20 million. The offsets were initially issued under the Carbon Farming Initiative and eligible to cover up to 5% of emissions for the companies covered by Australias carbon price. But after the government binned the carbon price in 2014, the ACCUs are now issued under Australias Emissions Reduction Fund, which the country uses...

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Vines may be bad news for forest carbon storage

2016-01-29 05:07:35| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: A recent study published in the Proceedings of the National Academy of Sciences finds that vines called lianas reduce the carbon storage capacity of tropical forests by crowding out and sometimes even killing trees. With tropical forests acting as one of the worlds greatest defenses against global warming, the studys authors say that understanding the impact of lianas on carbon sequestration is important to figuring out just how much carbon forests will be able to store in the coming years. Lianas...

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Hunt under pressure as Australia loses climate cred, gains carbon risk

2016-01-28 17:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Renew Economy: Australias poor record on climate change action and energy market reform has been highlighted by two major global publications this week, bringing environment minister Greg Hunt under renewed pressure to defend his departments policy. The first, the latest rankings of the Yale environmental performance index described by Hunt himself as the most credible, scientifically based, hard data-based analysis in the world shows Australia has dropped 10 places in its overall ranking on protecting...

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French ecology minister Segolene Royal pushes carbon pricing at UN

2016-01-28 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Time to turn climate pledges into concrete action: France Tests on Volkswagen cars show pollution cheating: French environment minister World will bypass 2C global warming limit despite carbon pledges: Experts Fear 'few' nations could block climate summit: Hollande 'Too late' for world if no climate deal in Paris: France French Ecology Minister Segolene Royal has made the case for higher carbon pricing to promote green technology at a UN gathering of investors. "We need a carbon price, to give...

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Paris climate deal hinges on better carbon accountancy

2016-01-27 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Nature: Indonesias Central Kalimantan province, a lightly populated swathe of Borneo, is a hotbed for greenhouse gases that are emitted through deforestation, family farming and industrial palm-oil production. Last year, these activities fuelled devastating fires that torched more than 400,000 hectares in the province and at least 2.5 million hectares across the developing nation. By some estimates, the fires released into the atmosphere more than twice as much carbon as Germany emits in a year. Calculating...

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