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☆ The Wild West carbon credit era might be coming to an end as sales hit record high
▼ + stars: | 2024-02-26 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +5 min

Carbon credits have been through a tough time. But since then, the voluntary carbon market (VCM), where carbon credits are traded, has faced intense criticism for the actual emission reduction the credits provided. "So, definitely, it was a bumpy ride," said Allister Furey, cofounder and CEO of carbon credit rating and data provider Sylvera. In a vote of confidence from venture capitalists, January also saw carbon credit insurer CarbonPool secure $12 million, carbon credit investment platform Cultivo raise $14 million, and carbon project developers platform BlueLayer come out of stealth with $10 million. In all, it signals the start to the end of the carbon credit "wild west," Sylvera's Furey said.

Persons: couldn't, Verra's, Allister Furey, issuances, Mark Kenber, Sylvera's Furey, Lubomila Jordanava, Nathan Bonnisseau, Lubomila Jordanova, Magnus Drewelies, Ben Rubin Organizations: Business, Guardian, BI, Sylvera, Carbon Business

☆ Analysis: While eyes are on Trump, Supreme Court conservatives prepare to rewrite the rulebook
▼ + stars: | 2024-02-23 | by ( Joan Biskupic | ) edition.cnn.com time to read: +10 min

Supreme Court conservatives are accelerating their moves to overhaul the way the federal government protects Americans, whether from air pollution or unfair financial practices. The case has determined a swath of court judgments on agency policy, well beyond the environmental realms, and become one of the most cited rulings in Supreme Court history. The Corner Post is protesting a Federal Reserve rule adopted in 2011 that caps debit card fees merchants obtain with every transaction. Three Republican-led states and power industry groups turned to the high court, seeking immediate relief and asking that any implementation be barred. Kagan focused on the multiple preliminary issues that lower court judges would have typically assessed before the case reached the justices.

Persons: Donald Trump, won’t, Elena Kagan, Let’s, Trump, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett, Barrett, Kagan, Benjamin Snyder, Chevron, Gorsuch, ”, ” Gorsuch, John Roberts, Snyder, “, Ketanji Brown Jackson, Bryan Weir, ” Weir, Honig, Roberts, Malcolm Stewart, ” Jackson, Mathura, ” Sridharan, Jackson, Sonia Sotomayor, Catherine Stetson, it’s Organizations: CNN, Securities, Exchange Commission, Food, Chevron, Natural Resources Defense Council, Department, Federal, ”, Federal Reserve, ” Liberal, Corner Post, Liberal, DC Circuit, Republican, EPA Locations: Washington, American, North Dakota, “, Ohio

☆ China’s climate targets at risk as coal power approvals rose in 2023
▼ + stars: | 2024-02-22 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

CNN —China, the world’s top carbon polluter, is at risk of falling short on its climate targets after approving dozens of new coal plants, according to research published Thursday. In just two years, the country has approved 218 GW of new coal power, enough to supply electricity to the whole of Brazil. China approved 114 gigawatts (GW) of coal power capacity in 2023, up 10% from a year earlier. China’s total power capacity is already sufficient to meet demand, but its inefficient grid is unable to deliver electricity where it is needed, especially across provincial borders, encouraging more plant construction. “This risks significant financial problems for coal power plant operators and potential pushback against the energy transition,” said Lauri Myllyvirta, CREA’s chief analyst.

Persons: CREA, ”, Lauri Myllyvirta Organizations: CNN, Global Energy Monitor, Research, Energy, Clean Locations: China, Helsinki, Brazil

☆ Astronomers used JWST to finally solve a 37-year mystery over one of the brightest cosmic explosions ever seen in modern history
▼ + stars: | 2024-02-22 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

A neutron star is the collapsed core of a supergiant star that's gone supernova. Pulsar neutron stars, like the one astronomers believe SN 1987A left behind, emit pulses of X-rays. AdvertisementStudying SN 1987A has deepened astronomers' understanding of supernovae and the role they play in our ever-evolving universe. Before JWST, astronomers lacked a telescope powerful enough to observe the compact object that SN 1987A left behind. Advertisement"We interpreted this as being conclusive evidence that the emission lines we were seeing were the result of radiation from the neutron center," Kavanagh said.

Persons: What's, James Webb, David Malin AAT, Patrick Kavanagh, Everest, hadn't, Kavanagh, SN1987A, Chandra, ALMA, JWST, J, Larsson, Claes Fransson, P.J . Kavanagh, " Kavanagh Organizations: Business, Science, Maynooth University, American Association for, Advancement of Science, NASA, Wikimedia, SN, Hubble, ESA, Stockholm University

☆ Singapore outbound flights to cost more from 2026 over green fuel requirements
▼ + stars: | 2024-02-19 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Travellers look at the flight departure schedule on the screen at Singapore Changi airport on December 7, 2022. Flights departing from Singapore will cost more from 2026 as the country pushes ahead with its aviation industry decarbonization goals. The initiative is part of a sustainable air hub blueprint which was unveiled by the Civil Aviation Authority of Singapore (CAAS) on the eve of the Singapore Airshow. To achieve the ambitious 1% target by 2026, travelers flying out of Singapore will have to be prepared to pay higher air fares. In 2021, the International Air Transport Association and member airlines committed to reaching net-zero carbon emissions by 2050.

Persons: Chee Hong Tat, CAAS, Chee Organizations: Changi Airport, Seletar, SAF, Transport, Civil Aviation Authority of Singapore, International Air Transport Association Locations: Singapore Changi, Singapore, Bangkok, Tokyo, London

☆ What the U.S. can learn from Norway when it comes to EV adoption
▼ + stars: | 2024-02-17 | by ( Jeniece Pettitt | ) www.cnbc.com time to read: +1 min

Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world's largest auto market, China, 24% of new car sales were EVs in 2023, according to the China Passenger Car Association. So that's a big advantage," said Petter Haugneland, the assistant secretary general of the Norwegian EV Association.

Persons: Kelley, Ragnhild Syrstad, Syrstad, Petter Haugneland Organizations: Norwegian Road Federation, China Passenger Car Association, Norwegian Ministry of, Norwegian EV Association . CNBC Locations: Norway, U.S, China, Norwegian, Oslo

☆ Why Singapore is quickly becoming the choice location for firms to support global carbon markets
▼ + stars: | 2024-02-15 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Carbon credits continue to play an important role in the global transition towards net zero. As an innovative financing mechanism, carbon credits allow corporates to mobilize capital to support emission-reduction projects. The decision to anchor CAD Trust in Singapore stems from acknowledging that transparency and governance are rooted in its DNA. Why Singapore is a prime location for firms to support global carbon marketsSingapore has successfully attracted more than 100 carbon market and services players to establish the city-state as their home base in Southeast Asia. Singapore's expertise in carbon services and its trailblazing move implementing Southeast Asia's first carbon tax in 2019, also appealed to Calyx Global.

Persons: — Dinesh Babu, Grace Fu, Duncan van Bergen, Van Bergen, — Duncan van Bergen Organizations: Reuters, Singapore, for Nature, National University of Singapore, Data Trust, Government of, Emissions Trading Association, Singapore's, Sustainability, Meta, Trust, Insider Studios, Singapore Economic Development Board Locations: Dubai, Singapore, Government of Singapore, South Asia, Southeast Asia, Oceania, Africa, Paris, Bhutan, COP28, Asia

☆ A traditional automaker just turned a profit on EVs
▼ + stars: | 2024-02-15 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Electric vehicles are finally turning a profit for Stellantis, CEO Carlos Tavares said Thursday, and, in contrast to some rivals, it will not cut back on producing EVs. The announcement marks an important milestone for electric vehicles and for traditional automakers, which have struggled to make money on EVs even as demand has grown. Ford, the only company to break out results separately for electric and traditional vehicles, reported that it lost $4.7 billion in EVs last year, or more than $40,000 per vehicle. But he said that EVs, while profitable, are still not as profitable as traditional gas-powered vehicles. That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.

Persons: Carlos Tavares, ”, Tesla, Traveras, Stellantis Organizations: New, New York CNN —, Fiat Chrysler, PSA Group, Ford, GM, General Motors, Jeep, Chrysler, Dodge, United Auto Workers, UAW Locations: New York, Detroit, EVs, Europe, Paris

☆ Tesla earned $1.8 billion last year from a side hustle
▼ + stars: | 2024-02-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Tesla earns regulatory credits by making and selling electric vehicles. Bloomberg, which initially reported on the filing , calculated that the company had pulled in almost $9 billion from selling regulatory credits since 2009. The company has expected revenue from regulatory credits to dry up as other automakers ramp up EV production. "It will continue for some period of time, but eventually this stream of regulatory credits will reduce," he added. However, that scenario has largely failed to materialize, with Tesla’s earnings from selling regulatory credits slightly increasing from last year, when it earned $1.776 billion.

Persons: —, Elon, Tesla, Zachary Kirkhorn, Kirkhorn Organizations: Service, Securities, Exchange Commission, Business, Tesla, Bloomberg, Ford, General Motors, BYD Locations: Europe, China

☆ Oil prices hang on to last week's gains after rally on Middle East tensions
▼ + stars: | 2024-02-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

An emission comes out of a smoke stack at the Infineum oil refinery on February 6, 2024, in Linden, New Jersey. Oil prices were largely flat Monday after rallying more than 6% last week on escalating Middle East tensions. The West Texas Intermediate contract for March gained 8 cents to settle at $76.92 a barrel. The Brent contract for April settled at $82 a barrel, down 19 cents or .23%. U.S. crude and the global benchmark popped last week after Israel rejected Hamas' proposal for a ceasefire and vowed to press on with its Gaza offensive to the southern city of Rafah, which is located on the border with Egypt.

Persons: Brent, Israel Organizations: West Texas Intermediate, Hamas Locations: Linden , New Jersey, Gaza, Rafah, Egypt

☆ Why the Cost of Biden’s Climate Law Keeps Going Up
▼ + stars: | 2024-02-08 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

The estimated price tag for President Biden’s clean-energy and climate agenda has effectively doubled since the Inflation Reduction Act was signed into law a year and a half ago. That rising price tag may actually be good for reducing greenhouse gas emissions — and for the U.S. economy. The Inflation Reduction Act, which Democrats passed on a party-line vote in summer 2022, includes tax credits and other subsidies for low-emission energy technologies that are meant to help wean the nation from fossil fuels. The uncapped credits include incentives for manufacturers to build solar-panel or wind-turbine factories, and for consumers to buy electric vehicles. Budget scorekeepers have to estimate how popular those credits will be, in order to forecast how much they’ll cost.

Persons: Biden’s, Biden Locations: U.S

☆ Data from sponges suggest the world has overshot a climate limit, new study says
▼ + stars: | 2024-02-05 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

These findings, published Monday in the journal Nature Climate Change, are alarming but also controversial. Other scientists say the study contains too many uncertainties and limitations to draw such firm conclusions and could end up confusing public understanding of climate change. Researchers say the results also suggest global temperature could overshoot 2 degrees of warming by the end of the decade. Changing that baseline would mean the world has already warmed at least 1.7 degrees (scientists say long-term global warming currently stands at between 1.2 to 1.3 degrees). Whatever the baseline for measuring global warming, what remains clear, experts say, is that the impacts will worsen with every fraction of a degree of warming.

Persons: ” Malcolm McCulloch, Gavin Schmidt, ”, Gabi Hegerl, Yadvinder Malhi, It’s, Amos Winter, Joeri Rogelj, “, Winter Organizations: CNN, University of Western, NASA, University of Edinburgh, Environmental, Institute, University of Oxford, Indiana State University, Grantham Institute, Imperial College London Locations: Puerto Rico, Caribbean, Paris, University of Western Australia

☆ Tesla sued by 25 California counties over hazardous waste handling
▼ + stars: | 2024-02-01 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Electric vehicle maker Tesla was sued by district attorneys representing 25 counties in California over the company's alleged improper handling of hazardous waste materials at facilities throughout the state. The company's first, high-volume EV factory in the world was its Fremont, California vehicle assembly plant, which it still owns and operates today. The lawsuit, The People of California v. Tesla Inc., was filed in a California state court in San Joaquin County on Tuesday. They also alleged that Tesla often failed to accurately label containers of hazardous materials that it generated, used or stored at its facilities, and failed to train employees in proper handling of hazardous waste.

Persons: Tesla, Eric Roesch, Roesch, Elon Musk, Moz.de Organizations: Tesla Fremont Factory, Electric, Tesla Inc, Reuters, SpaceX, CNBC, Cal . Health, Saf, Cal, Tesla, Economy Research Locations: Fremont , California, California, Austin , Texas, Palo Alto , California, San Joaquin County, Germany, Brandenburg

☆ Tesla to settle lawsuit over mishandling hazardous waste in California
▼ + stars: | 2024-02-01 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste materials at facilities throughout the state of California for years. District attorneys representing the people of 25 California counties had filed their lawsuit, The People of the State of California v. Tesla Inc., earlier in the week in a state court in San Joaquin County. The suit also alleged that Tesla frequently failed to properly label containers of hazardous materials that it generated, used or stored at its facilities, and failed to train employees in proper handling of hazardous waste. In addition to the settlement fee, Tesla will need to "comply with a detailed injunction for five years," according to the statement. The audits will continue for five years and involve inspections of Tesla's trash containers for hazardous waste, the statement from Jenkins said.

Persons: Tesla, Brooke Jenkins, Jenkins, Jack Sweeney Organizations: Tesla, California counties, of, Tesla Inc, San Francisco, Economy Research Locations: California, of California, San Joaquin County, Fremont , California

☆ GM's plan to bring back hybrids is a win for dealers and shoppers
▼ + stars: | 2024-01-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

A new crop of electric car shoppers is showing interest for plug-in hybrids. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This about-face for GM , which has loudly touted its commitment to an all-electric future, is a good sign for dealers and shoppers heading into this year. AdvertisementIt may also be the first domino to fall as demand for hybrid vehicles reaches new highs. More options are likely to ease some of this pricing pressure and open up the hybrid market to more shoppers.

Persons: —, Mary Barra, Barra, Ford, Jeremy Korst Organizations: Service, GM, Dealers, GBK, Toyota, Tesla Locations: North America

☆ This city has the worst traffic in the U.S.—and it's not Los Angeles
▼ + stars: | 2024-01-29 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

Most agree that sitting in traffic is a massive waste of time, and often cite a frustrating commute to and from work as reason to resist returning to the office. In January, geolocation technology specialist TomTom released its annual Traffic Index for 2023. California is the only state that had two cities rank in the top 10: San Francisco and Los Angeles. The latter is notorious for its bad traffic but still came in way down at the No. 9 spot, while the Bay Area city landed in the top three.

Locations: California, Francisco, Los Angeles, Bay Area

It is the second letter that auto dealers have sent to the White House in two months on the EPA’s upcoming ruling, which could codify the agency's strictest-ever tailpipe emissions limits, proposed last April. The dealerships said Thursday that the Biden administration did not respond to their first letter sent on Nov. 28. Political Cartoons View All 253 ImagesThe EPA says its proposed regulations would require up to two out of every three vehicles sold in the U.S. to be electric by 2032. Most automakers around the globe have pledged hundreds of billions of dollars to transition to all-electric new vehicle sales in the coming decade as momentum to address climate change builds. Automakers can meet EPA regulations not just through pure-electric vehicle sales, but also through a sales mix including hybrid and plug-in hybrid electric vehicles.

Persons: Joe Biden, Biden, “, Alexa St, John Organizations: DETROIT, White House, EPA, ”, Republicans, Traffic, Administration, Associated Press Locations: United, U.S, Press, ast.john@ap.org, AP.org

☆ James Webb Space Telescope reveals one of the most mysterious worlds in the universe might have a volcanic moon
▼ + stars: | 2024-01-23 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Brown dwarfs are some of the most unusual and mysterious objects in space. Brown dwarf W1935 may have aurora at its poles created by a volcanic moon that's orbiting the failed star. "For your typical brown dwarf just traversing the galaxy in solitude, your brown dwarf is very mysterious. NASAFaherty and her team suspected a different kind of companion could be at work: an active moon. Whatever the reason may be, it takes very sensitive tools to detect brown dwarfs in the first place.

Persons: —, Jackie Faherty, James Webb, Brown, Faherty, Austin Rothermich, Rune Stoltz Bertinussen, NASA Faherty, Webb Organizations: Service, Telescope, Business, NASA, ESA, CSA, American Museum of, American Astronomical Society, City University of New, Reuters Locations: City University of New York, Tromso, Norway

☆ Uber CEO Dara Khosrowshahi: We are totally committed to the electrification of our fleets
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUber CEO Dara Khosrowshahi: We are totally committed to the electrification of our fleetsUber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's EV push, whether the company's zero-emission goal is at risk, the EV market at large, the acquisition and subsequent closure of Drizly, impact of AI, and more.

Persons: Dara Khosrowshahi

(AP) — Montana's Supreme Court has rejected an attempt by the state's Republican governor to block a landmark climate ruling that said regulators must consider the effects of greenhouse gas emissions when issuing permits for fossil fuel development. Greg Gianforte and three state agencies to block the August ruling from District Court Judge Kathy Seeley while an appeal by the state is pending before the high court. The state high court ruling means Montana officials must “immediately comply” with Seeley's order pending the appeal, said Mark Bellinger, an attorney for Our Children's Trust, which represented the 16 young plaintiffs who brought the case. The Department of Environmental Quality has created a work group to discuss potential changes to how it uses the Montana Environmental Policy Act, which requires public input in fossil fuel and mining development. Last year's amendment by lawmakers forbid greenhouse gas emission analyses unless the federal government decided to regulate carbon dioxide as a pollutant.

Persons: HELENA, —, Greg Gianforte, Kathy Seeley, Seeley, Seeley “, “, Mark Bellinger, Chris Dorrington, “ We’re, ” Dorrington Organizations: Republican, Gov, Montana Department of Environmental, Energy, Montana Legislature, Republicans, Environmental Locations: Mont, Montana, Yellowstone, Laurel

☆ Good news, bad news: U.S. emissions shrank last year, but very slowly
▼ + stars: | 2024-01-10 | by ( Evan Bush | ) www.cnbc.com time to read: +4 min

Carbon emissions shrank in 2023 even as the economy grew, a sign the U.S. is plodding toward a more sustainable future. "This is the first time since 2019 that the economy has grown while emissions have fallen," said Ben King, an associate director leading the Rhodium Group energy team. U.S emissions fell sharply in 2020 during the coronavirus pandemic, when activities were restricted, and then rebounded in the two years that followed. The Biden administration, which rejoined the Paris Climate Agreement in 2021, said it would target emission cuts of 50% to 52% by 2030. The power and buildings sectors were responsible for the 2023 emissions decline, according to the Rhodium analysis.

Persons: Ben King, Biden, King, Joe Biden's Organizations: U.S, Stockholm Environment Institute, EV, U.S . Locations: Los Angeles, Los Angeles , California, Paris, Stockholm, Greenland, West Antarctica, East Antarctica, U.S

CHANNELVIEW, Texas — For nearly 20 years, Texas environmental regulators have kept a disturbing secret. AdvertisementTexas Community Health News; Texas Commission on Environmental Quality"Any exposure to a carcinogen increases your risk of developing cancer. AdvertisementTim Doty, a former TCEQ mobile air monitoring expert, at the industrial edge of River Terrace Park in Channelview, Texas. In fact, the agency rarely fines companies that violate Texas air pollution laws. Mark FelixHoneycutt's toxicology division soon took an even more dramatic step to weaken Texas' benzene guidelines.

Persons: Loren Hopkins, Hopkins, Mark Felix, TCEQ, AirToxScreen, AirToxScreen Harris County Attorney Christian Menefee, Menefee, Tim Doty, Doty, Solv, He'd, Glenn Shankle, Kelly Keel, Todd Riddle, Riddle, Lopez, Joe Lopez, Dora, Joel Lopez, Randy Lopez, It's, Joel, Felix Benzene, wildcatters, Houston —, Forbes, Lorenzo de Zavala, Alison Cohen, Cohen, Tim Doty's, Houston Mayor Bill White, Shankle, Michael Honeycutt, Valerie Meyers, Meyers, Mark Felix Meyers, Richard Hyde, John Sadlier, Ryder, Hyde, hadn't, Russell Allen, Matt Baker, Jacintoport, Cloelle Danforth, Public Health Watch —, Danforth, Mark Felix Honeycutt's, Eric Schaeffer, Schaeffer, Honeycutt, Jim Tarr, polluters, upended, Mark Felix Fracking, Barnett, Glenn Shankle —, —, Rick Perry, Perry, Sadlier, David Bower, misstep, Baker, Bower, Michael Burgess, Greg Abbott, Abbott, Mark Felix Meanwhile, Randy, That's, Carolyn Stone, Stone, Carolyn Stone's, Mark Felix The, Cynthia Benson, Benson, Mark Felix Tim Doty, Mark Felix K, Jordan Gass Organizations: Public Health Watch, Texas Commission, Environmental, American Petroleum Institute, Oceanic, Atmospheric Administration, U.S . Navy, Geospatial - Intelligence Agency, General, Health, Public Health, Rice University, Environmental Protection Agency, Texas Community Health, AirToxScreen Harris County Attorney, polluters, Mark Felix Public Health, TCEQ, Solv, Mark Felix Public Health Watch, myelodysplasia, Houston, Oil, Gas Watch, Texas, Houston Ship, University of California, Houston Mayor, ., . Texas Community Health, NASA, Exxon Mobil, Public, Watch, Environmental Defense Fund, Management, Civil, Air Alliance Houston, Republican, Fort, United, Texas toxicologist, EPA, Texas Tribune, Google, Land Office, . Geological Survey, National Oceanic, Firefighters, U.S . Occupational Safety, Health Administration, Channelview, Improvement Coalition, Health Watch, San Jacinto, K, Texas Legislature, Solv Group, Services Locations: , Texas, Texas, Houston, Channelview's Jacintoport, San Jacinto, California, Jacintoport, Channelview , Texas, AirToxScreen Harris County, Channelview, Harris County, United States, North Channelview, Gulf, Terrace, Joel's, Houston , Texas, Spindletop, Mexico, Republic of Texas, Port of Houston, San Francisco, . Texas, That's, polluters, lacquers, Dallas, Fort Worth, Fort Worth City, Austin, Round, Minnesota, Galveston, U.S

☆ ‘It’s game on’: The world’s largest iceberg is on the move. Scientists explain why it matters
▼ + stars: | 2023-12-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

"It's just astonishingly big and it's a reminder of how much risk we're at from sea level rise." "Antarctica has historically been quite a small contributor to sea level rise, but it is growing, and it is taking up a bigger and bigger share of the sea level rise that we see every year," he added. "So, it's a symbol of the growing dominance of Antarctica in the sea level rise equation." This temperature threshold is widely recognized as crucial because so-called tipping points become more likely beyond this level. Tipping points are thresholds at which small changes can lead to dramatic shifts in Earth's entire life support system.

Persons: Robbie Mallett, A23a, Mallett, Mallet, That's, Gail Whiteman, Taalas, Hollie Adams, NASA Modis Organizations: United Arab Emirates, Continent, University of College London, CNBC, United, NASA, World Meteorological Organization, University of Exeter, WMO, Expo, Bloomberg, Getty Images Bloomberg, Getty Locations: DUBAI, United Arab, Antarctica, New York City, United Arab Emirates, South Georgia, Dubai, COP28, Green

☆ How old fishing nets could be part of the climate crisis solution
▼ + stars: | 2023-12-05 | by ( Paul Glader | ) edition.cnn.com time to read: +10 min

De Bouter’s company, Brikole, is a startup “circular business” that recycles discarded nets from the industrial tuna fishing industry. Kyle de Bouter holds board shorts made of recycled Nylon fishing nets similar to the kind he is recycling. Since the area is prime for fishing, especially tuna fishing, many in Seychelles believe those industries are a good place to start. He championed activity by “inventive young entrepreneurs” to improve society, mentioning recycled fishing nets as one example. “This is solving the problem of exhausted fishing nets,” said Julio Morón, a managing director of the Spanish tuna fishing organization called OPAGAC.

Persons: Seychelles CNN — Kyle de Bouter, ”, De, Kyle de Bouter, Paul Glader, CNN “, de Bouter, Joshua Tiatouse, CNN De Bouter, Ellen MacArthur, Eduardo Soteras, James Alix Michel’s, Michel, De Bouter, Julio Morón, Brikole, Bouter, de, Manuel Sigren, Bureo, Joshua Tiatousse, Tiatousse, “ Organizations: Seychelles CNN, United Nations, CNN, Bank, “ Department of Blue, Ellen MacArthur Foundation, Washington Post, Economy Research, University of Seychelles, snags, Electricity, Bureo, DuPont, BASF, DOMO Chemicals, Grandview Research Locations: Victoria, Seychelles, Patagonia, Spain, France, South Korea, Kosovo, Ghana, Philippines, Mahé, “, Dubai, China, California, Africa, Asia, Grandview

☆ Will guilt-free long-haul flights ever be possible? Here’s what we know
▼ + stars: | 2023-12-04 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

Sustainable aviation fuel, or SAF, is a type of alternative jet fuel that can curb carbon emissions by up to 80%. The main reason for the slow adoption is that it’s still more expensive – between 1.5 to 6 times pricier than regular jet fuel. Boeing is not out of the race either, but doesn’t see a hydrogen long-haul plane as around the corner. On medium- and long-haul flights, we don’t see it as a direct source of propulsion until 2040. We would need to see magnitude-order changes [in batteries] for us to consider those for long-haul flights.

Persons: ”, Gary Crichlow, Gökçin Çınar, Ryan Faucett, Alexandre Doumenjou, Andreas Schäfer, Britten, “, Artemis, that’s, Boeing’s Faucett, “ You’re, Schäfer Organizations: CNN — Aviation, Boeing, “, Aviation Environment Federation, SAF, Airbus, University of Michigan, CNN, Virgin Atlantic, University College London, Cranfield Aerospace, Norman, Engineers, NASA, Critchlow Locations: London, Bangkok, New York, California, ZeroAvia

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