Greens urge Labor to reject international carbon offsets as ‘accounting tricks’

Adam Bandt says allowing global offsets to be traded along with Australian ones would just delay action to cut emissions

The Greens have called on the Albanese government to reject advice that Australia should allow greater use of international carbon offsets, arguing it would delay cuts in greenhouse gas emissions locally.

A review of international offsets by the Climate Change Authority, a policy advisory body, urged the government to develop a carbon market strategy as a step towards allowing international carbon offsets to be traded along with Australian carbon credits.

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Is a Madagascan mine the first to offset its destruction of rainforest?

Researchers say the island’s biggest mine is on track to achieve no net loss of forest but that ‘there remain important caveats’

Ambatovy mine on the east coast of Madagascar is an environmental conundrum fit for the 21st century. Beginning operations in 2012, the multibillion-dollar open-pit nickel and cobalt mine is the largest investment in the history of the country, one of the poorest on Earth. About 9,000 Malagasies are employed by the project, owned by the Japanese company Sumitomo Corporation and Korean firm Komir, which mines minerals destined for the world’s electric car batteries. To construct the mine and the 140-mile (220km) slurry pipeline to port on the Indian ocean, 2,000 hectares (5,000 acres) of pristine rainforest was cleared, destroying vital habitat of the endangered indri, the largest living lemur, and thousands of other species.

Alongside the land clearing in a country that has lost nearly a quarter of its tree cover since 2000, the mine has been blamed for air and water pollution, as well as health problems in the local population. The smell of ammonia in residential areas and the pollution of drinking water were revealed in a 2017 investigation.

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‘The Queen’s bank’ Coutts joins the ranks of ethical brands

Despite chequered history the 329-year-old private bank has secured the sought-after B Corp status

Private bank Coutts will offer carbon credits and green mortgages to its ultra-wealthy clients after becoming one of the largest UK banking brands to secure B Corp status.

Coutts, known as the Queen’s bank for having served every member of the royal family since George IV, is trying to bolster its environmental and social reputation after being dogged by a series of scandals in recent years, including sexual harassment allegations against its former star banker Harry Keogh, who was sacked in 2018. The bank was also fined by Swiss regulators in 2017 over alleged money laundering and for illegally profiting from transactions associated with the 1MDB scandal.

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Offsets being used in Colombia to dodge carbon taxes – report

Fossil fuel levy can be avoided by buying carbon offsets that may have no benefit for climate

Forest protection carbon offsets that may have no benefit to the climate have been used by polluters to avoid paying carbon taxes in Colombia, according to a report.

In 2016, a levy of about $5 (£3.60) was introduced in the South American country to cover the use of some fossil fuels. However, companies that emit carbon dioxide can avoid paying the tax by buying carbon offsets from Colombian emission reduction projects, including those that conserve threatened natural carbon banks such as peatlands, forests and mangrove swamps.

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Green growth: the save-the-mangrove scheme reaping rewards for women in Kenya

A community project on the Lamu archipelago trains women in preserving this vital ecosystem and provides business loans

Kenya’s mangroves have been harvested for centuries, the timber used in shipbuilding and for ornate doors and furniture as well as shipped across the Indian Ocean and around the world.

The Lamu archipelago accounts for more than half of Kenya’s mangrove forests. But across the country an estimated 40% of this precious commodity has been degraded, as more mangroves have been cut to provide construction materials and charcoal for cooking, and oil leakages from cruise liners and ships that pass along the coast kill off young saplings. The area has become one of the most degraded marine ecosystems in east Africa.

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Financial help for airlines ‘should come with strict climate conditions’

Former EU climate chief Miguel Arias Cañete fears end of Covid-19 will bring higher carbon emissions

Financial help from taxpayers to airlines hit by the coronavirus crisis must come with strict conditions on their future climate impact, the former EU climate commissioner and a group of green campaigners have said.

“It must be conditional, otherwise when we recover we will see the same or higher levels of carbon dioxide [from flying],” said Miguel Arias Cañete, the EU climate commissioner who led the bloc to the Paris agreement, in an interview with the Guardian. “We know the level of emissions we have to commit to [under Paris]. They [airlines] are worried about survival and will need lots of support, lots of liquidity – that gives them a big responsibility.”

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‘Greta Thunberg effect’ driving growth in carbon offsetting

NGOs report fourfold increases in investments in carbon-reducing projects in developing countries

Growing concern about the climate crisis and the “Greta Thunberg effect” are driving huge increases in individuals and businesses choosing to offset their emissions by investing in carbon-reducing projects in developing countries.

NGOs and organisations involved in carbon offsetting have seen as much as a fourfold increase in investment from people who want to try to mitigate their carbon footprints.

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‘On the right side of history’: Jacinda Ardern hails New Zealand zero-carbon law – video

The New Zealand prime minister's zero-carbon bill has passed in parliament with historic cross-party support. It commits the country to new climate change laws and to reduce its carbon emissions to zero by 2050 in line with the Paris climate agreement. The bill passed by 119 votes to one with the centre-right opposition National party's support, despite none of its proposed amendments being accepted

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No fly zone: I didn’t catch a plane for a year and saved 19 tonnes of Co2

A year without air travel taught me the path to carbon neutral won’t be easy, but I learned I could inspire others to act

What is the single thing that you could do that would most reduce your carbon footprint? Take your bike to work rather than your car? Dig up your lawn for a vegetable garden? For me, an academic scientist living and working in Auckland, New Zealand, I reasoned that the most significant thing I could do was to stop flying.

In 2017 I flew 84,000km. I made twenty day trips to Wellington, New Zealand’s capital city. I travelled to the United Kingdom, Canada, and Australia to attend conferences and work on joint projects with other scientists. All of this made me accountable for around 19 tonnes of carbon dioxide that year, nearly three times that of the average Kiwi.

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Tree planting ‘has mind-blowing potential’ to tackle climate crisis

Research shows a trillion trees could be planted to capture huge amount of carbon dioxide

Planting billions of trees across the world is by far the biggest and cheapest way to tackle the climate crisis, according to scientists, who have made the first calculation of how many more trees could be planted without encroaching on crop land or urban areas.

As trees grow, they absorb and store the carbon dioxide emissions that are driving global heating. New research estimates that a worldwide planting programme could remove two-thirds of all the emissions that have been pumped into the atmosphere by human activities, a figure the scientists describe as “mind-blowing”.

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‘A right wing minority’: Malcolm Turnbull re-enters the fray with Neg spray

Former PM warns electricity prices will be higher because the Coalition dumped the national energy guarantee

The former prime minister Malcolm Turnbull has returned to the fray to warn dumping the national energy guarantee – a decision taken by Scott Morrison – will drive up power prices.

Turnbull took exception to a column at the weekend characterising the national energy guarantee as “Malcolm Turnbull’s Neg”, pointing out the policy had strong support within the cabinet, “including and especially the current PM and treasurer”.

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‘Malicious’: Shorten and business groups defy Coalition’s assault on climate policy

High-quality international offsets should be part of any credible policy, industry says

Business groups are defying the Morrison government’s political assault on the use of international permits, arguing a credible climate policy should include access to high-quality international offsets, because they are a key mechanism to help Australia meet its Paris target.

With climate change persisting as a significant campaign flashpoint, the chief executive of the Australian Chamber of Commerce and Industry, James Pearson, told Guardian Australia international permits were part of the toolkit for mitigating climate change in a cost-effective way.

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