Paul McCartne, Elton John and others signed an open letter.

Labor backbencher is calling for drastic intervention to secure supplies for the east coast * Sign up for climate and environment editor Adam Morton’s free Clear Air newsletter here * Get our breaking news email, free app or daily news podcast The Labor backbencher Ed Husic is demanding an intervention to combat Japanese gas companies re-selling Australian exports to other markets, breaking ranks from the government and risking diplomatic blowback from Tokyo. The former industry minister said the government must send a “powerful signal” to overseas multinationals, in particular in Japan, to stop “playing us off as mugs” by profiting off the resale of Australian gas while households and industry on the east coast face high prices and potential supply shortages. Continue reading...

Environment Minister Murray Watt will sit down with his Liberal counterpart Angie Bell today, with quiet optimism in both parties that a deal might soon be struck to finally rewrite Australia's "broke...

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions The failure of carbon offsets to cut planet-heating pollution is “not due to a few bad apples”, a review paper has found, but down to deep-seated systemic problems that incremental change will not solve. Research over two decades has found “intractable” problems that have made carbon credits in most big programmes poor quality, according to the study. While the industry and diplomats have made efforts to improve the system, it found much-awaited rules agreed at a UN climate summit last year “did not substantially address the quality problem”. Continue reading...

Analysis of 25 years of evidence shows most schemes are poor quality and fail to lower emissions The failure of carbon offsets to cut planet-heating pollution is “not due to a few bad apples”, a review paper has found, but down to deep-seated systemic problems that incremental change will not solve. Research over two decades has found “intractable” problems that have made carbon credits in most big programmes poor quality, according to the study. While the industry and diplomats have made efforts to improve the system, it found much-awaited rules agreed at a UN climate summit last year “did not substantially address the quality problem”. Continue reading...