US offers $24 million to climate vulnerable Pacific Islands

A summary of today’s top climate and clean energy stories.
Email the team on [email protected] or get in touch via Twitter.

USA: A new Pacific regional pact calling for aggressive action to combat climate change has achieved a “major accomplishment” by gaining US support, officials said Sunday. (AFP)

EU: Carbon allowances hit a six-and-a-half month high of 5.43 euros in afternoon trade on Friday, a day after the EU Commission said it would cut 2013 available permit supply by delaying the sale of spare allowances. (Point Carbon)

AUS: Tony Abbott will be forced to negotiate with minor parties in the Senate as he seeks to scrap carbon pricing and a mining tax, after his coalition won the biggest parliamentary majority since at least 2004 in Australia’s election. (Bloomberg)

Arctic: A year after hitting record lows, has the Arctic recovered? Climate scientists say the reason the increase looks so impressive is that last year was so bad. (The Times £)

USA: The United States and China announced Friday they would seek to eliminate some of the world’s most potent greenhouse gases through the 1987 Montreal Protocol (Washington Post)

Oceans: New research from the University of East Anglia shows that rising ocean temperatures will upset natural cycles of carbon dioxide, nitrogen and phosphorus. (Science Daily)

Read more on: Breaking News | Pacific |