'Blended' finance is key to achieving global sustainability goals, says report

Guardian Environment News - Tue, 2018/01/23 - 11:25am

Public and private sector funds must increasingly pool resources to finance larger global sustainability and climate change projects, a new study shows

Tackling climate change and achieving the world’s sustainable development goals will require publicly funded and private sector banks and institutions to be far more willing to join forces to provide “blended” finance to projects, according to a new study.

Blended finance is the term given to the use of public or philanthropic capital to spur private sector investment in projects aimed at achieving the sustainable development goals. Already, this market is worth about $50bn globally, but experts said on Tuesday this sum could double within the next three to four years.

Continue reading...
Categories: Environment

Philippine Volcano Erupts, Causing 56,000 To Flee

NPR News - Environment - Tue, 2018/01/23 - 10:56am

Authorities raised Mount Mayon's alert level to 4 out of a possible 5, indicating "intense unrest" and the possibility of a particularly violent, hazardous eruption within days.

(Image credit: Bullit Marquez/AP)

Categories: Environment

Gas field earthquakes put Netherlands’ biggest firms on extraction notice

Guardian Environment News - Tue, 2018/01/23 - 8:48am

Government tells 200 companies they have four years to stop sourcing gas from Groningen field after increasingly significant earthquakes

Two hundred of the Netherlands’ biggest companies have been told by their government to stop sourcing fuel from a major Dutch gas field within four years following a series of increasingly significant earthquakes.

Extraction from the Groningen field, one of Europe’s richest sources of gas, is operated in a joint venture between Royal Dutch Shell and ExxonMobil, but has been capped in recent years by ministers due to seismic activity in the area.

Continue reading...
Categories: Environment

Drought-Stricken Cape Town Braces For Water To Run Out In April

NPR News - Environment - Tue, 2018/01/23 - 7:54am

Officials in the South African city of 3.7 million are restricting water usage amid fears it will run out of water by April 21. Experts say the crisis has been exacerbated by rapid population growth.

(Image credit: Rodger Bosch /AFP/Getty Images)

Categories: Environment

New global registry of invasive species is 'milestone' in protecting biodiversity

Guardian Environment News - Tue, 2018/01/23 - 7:00am

New catalogue expected to stand alongside red list as an international means to fight extinction, by helping to stop biological invasions

A world registry of invasive species has been launched amid concerns that governments are not doing enough to tackle the rising threat of globalisation to biodiversity.

The new catalogue – unveiled in the journal Scientific Data on Tuesday – is expected to become a pillar of international efforts to fight extinction alongside the “red list” of endangered species.

Continue reading...
Categories: Environment

Trump imposes steep tariffs on imported solar panels and washing machines

Guardian Environment News - Tue, 2018/01/23 - 3:52am

Restrictions aim to boost US manufacturing, but critics warn they will slow shift to renewable energy and increase consumer costs

The US president, Donald Trump, has announced steep tariffs on imported washing machines and solar panels, giving a boost to Whirlpool Corp and dealing a setback to the renewable energy industry in the first of several potential trade restrictions.

The decisions in the two “Section 201” safeguard cases followed findings by the US International Trade Commission (ITC) that both imported products “are a substantial cause of serious injury to domestic manufacturers,” US trade representative Robert Lighthizer said.

Continue reading...
Categories: Environment

Japan to replace whaling mother ship in sign hunts will go on

Guardian Environment News - Tue, 2018/01/23 - 3:09am

Officials say they need a faster ship to evade anti-whaling activists

Japan is to defy Australia and other nations with plans to replace its whaling fleet’s ageing mother ship, showing its determination to continue its annual expeditions to the Southern Ocean.

The country’s fisheries agency is planning to replace the 30-year-old Nisshin Maru with either a new ship or a refitted one bought overseas, according to the Yomiuri Shimbun.

Continue reading...
Categories: Environment

National Grid criticises Ofgem over Hinkley Point C proposals

Guardian Environment News - Tue, 2018/01/23 - 2:28am

Company says regulator’s plans are ‘disappointing’ and its claim of £100m savings is too high

National Grid has hit out at Ofgem’s proposals over an £800m project to connect the Hinkley Point C power station to the electricity network, saying they put investment in the UK energy sector at risk.

The Hinkley Seabank plan is an essential overhaul of the power network to send electricity from the new plant in Somerset – which will meet 7% of the UK’s demand – to the rest of the country.

Continue reading...
Categories: Environment

5 Workers Are Missing After An Explosion At Oklahoma Drilling Rig

NPR News - Environment - Tue, 2018/01/23 - 1:46am

One worker was taken to a hospital and 16 others made it out of the area safely. The fire was put out Monday night but rescue workers can't search for the missing until the site cools down.

Categories: Environment

Off-peak charging vital for electric car power supply, experts say

Guardian Environment News - Tue, 2018/01/23 - 1:08am

UK energy system can cope with rise of battery-powered vehicles if 4-6pm slot avoided, says report

The UK energy system will be able to cope with the extra demand caused by the uptake of millions of electric cars, provided drivers shift their charging to off-peak times, according to new research.

The number of battery-powered cars on Britain’s roads will grow from around 120,000 today to 10m by 2035 and pass the 17m mark five years later, predicted Aurora Energy Research.

Continue reading...
Categories: Environment

Several Injured After Volcanic Eruption At Japanese Ski Resort

NPR News - Environment - Tue, 2018/01/23 - 12:23am

Mount Kusatsu-Shirane suddenly erupted Tuesday morning, spewing volcanic rocks and belching a curtain of black smoke. An avalanche that followed injured at least 10 people.

Categories: Environment

New fountains and bottle-refill points to tackle London's plastic waste

Guardian Environment News - Mon, 2018/01/22 - 11:01pm

Exclusive: Mayor of London announces scheme to reduce packaging waste and improve access to tap water

A new network of drinking fountains and bottle-refill points is set to be rolled out across London this year as part of a plan to reduce the amount of waste created by single-use plastic, the Guardian has learned.

Twenty new drinking fountains will be installed across London in a pilot scheme starting this summer, while a bottle-refill initiative, in which businesses make tap water available to the public, will be set up across five areas of the capital over February and March. If successful, it will be rolled out to the rest of the city in the summer. Plastic cups, bottles and cutlery will also no longer be available at City Hall under the plans.

Continue reading...
Categories: Environment

Satellite Eye on Earth: November and December 2017 - in pictures

Guardian Environment News - Mon, 2018/01/22 - 11:00pm

Winter solstice, night lights and interesting islands are among the images captured by Nasa and the ESA last month

Dust blowing out of the Copper River valley on Alaska’s south coast. The dust plume was likely comprised of fine-grained loess, which was formed as glacial ice moved over the area and ground the underlying rock into a powder. Dust storms in southern Alaska generally occur in late autumn, when river levels are relatively low, snow has not yet fallen, and the layers of dried, loess-rich mud are exposed to the wind. The Copper River - named for ore deposits found upstream - drains an area of more than 24,000 square miles (62,000 square kilometres) and is, by volume of discharge, the 10th largest river in the United States. Its delta forms one of the largest and most productive wetlands on the Pacific Coast of North America.

Continue reading...
Categories: Environment

Woolworths to stop selling pesticide linked to global bee decline

Guardian Environment News - Mon, 2018/01/22 - 10:48pm

Australian grocery giant will join Bunnings to withdraw Yates Confidor from sale

Woolworths in Australia has joined a growing list of companies to stop supplying a controversial pesticide linked to global declines in bee populations.

On Tuesday the grocery giant announced it would join Bunnings in pulling Yates Confidor, a class of pesticide which some international studies have found damage the survival of honeybee colonies.

Continue reading...
Categories: Environment

Minerals Council steps up coal advocacy despite BHP call for neutrality

Guardian Environment News - Mon, 2018/01/22 - 10:44pm

MCA publicises report asking governments to commit similar resources to carbon capture and storage as to renewables

The Minerals Council of Australia has stepped up its advocacy for coal power in spite of its biggest member, BHP, saying it will leave the group unless it shifts its stance to become technology-neutral.

On Tuesday the MCA publicised a report by the Coal Industry Advisory Board that called for governments to commit similar resources to carbon capture and storage as they do to renewable energy.

Continue reading...
Categories: Environment

Canadian climate science faces crisis that may be felt globally, scientists warn

Guardian Environment News - Mon, 2018/01/22 - 3:20pm

In a letter to Justin Trudeau, 250 scientists highlight their concern over the imminent end of a research program to better understand climate change

Canadian climate science is facing a looming crisis whose repercussions could be felt far beyond the country’s borders, hundreds of scientists have warned, after the Canadian government failed to renew the country’s only dedicated funding program for climate and atmospheric research.

Related: Indigenous Canadians face a crisis as climate change eats away island home

Continue reading...
Categories: Environment

Peru passes law allowing roads through pristine Amazon rainforest

Guardian Environment News - Mon, 2018/01/22 - 1:18pm
  • Pope warned on Friday of threat to Amazon and its peoples
  • New roads in border areas could affect five indigenous reserves

Peru has approved a law that would allow roads to be built in the most remote and pristine region of its Amazon rainforest, a haven for isolated indigenous groups and an area of primary forest rich in mahogany trees.

Related: Pope Francis says Amazon indigenous people under greater threat than ever

Continue reading...
Categories: Environment

Bob Katter says there is an 'unpleasant odour' to Adani-linked airport

Guardian Environment News - Mon, 2018/01/22 - 10:00am

Townsville and Rockhampton councils to spend $34m on airport hundreds of kilometres from either city

Outspoken federal MP Bob Katter has questioned why two Queensland councils are paying $34m to build an airport to service a massive Adani coalmine, saying there is an “unpleasant odour” to the deal.

In October Townsville and Rockhampton councils announced they would spend $18.5m and $15.5m respectively on an airport, hundreds of kilometres away from either city, at the Carmichael coalmine, as part of a funding deal with Adani.

Continue reading...
Categories: Environment

Pioneering wolf becomes first sighted in Belgium for a century

Guardian Environment News - Mon, 2018/01/22 - 9:54am

Researchers have tracked Naya from eastern Germany into the Netherlands and now Flanders

The first recorded wolf on Belgian soil for at least 100 years has made her bloody mark.

Farmers in north-east Flanders have been put on high alert after evidence emerged that Naya, a female originally from eastern Germany that has been making a pioneering trek across Europe, had killed two sheep and injured a third near the Belgian town of Meerhout.

Continue reading...
Categories: Environment

Fears for future of UK onshore wind power despite record growth

Guardian Environment News - Mon, 2018/01/22 - 9:35am

2.6GW of capacity built in 2017 before subsidies ban industry says will make generation dearer

A record amount of onshore wind power was built in the UK last year, but government policy has been stalling the sector and risked increasing energy bills for consumers, the industry has warned.

Turbines capable of generating 2.6GW were installed across Britain in 2017 as developers rushed to meet the government deadline for securing subsidies. The previous record was 1.3GW in 2013.

Continue reading...
Categories: Environment
Syndicate content