Around The Web

IEA undermining energy security in its pursuit of net zero, say US legislators

Carbon Pulse - Sat, 2024-03-23 09:38
The International Energy Agency (IEA)’s emphasis on the energy transition fails its responsibility to provide objective data, said two US Republican lawmakers, who questioned its recent work in a letter addressed to the intergovernmental agency.
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‘Tourists ask a lot of questions’: Great Barrier Reef guides face up to bleaching tragedy

The Guardian - Sat, 2024-03-23 09:00

Tour boat divers have long borne witness to mass bleaching events. Once reluctant to wade into discussions about global heating, they are now opening up

“You can see it on their faces,” says scuba diving instructor Elliot Peters. “There’s definitely some remorse and sadness.”

Peters works at a resort on Heron Island in the southern part of the Great Barrier Reef and, in recent weeks, he’s had to tell curious guests why so many of the corals around the island are turning bone white.

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Two voluntary carbon market titans to retire this year

Carbon Pulse - Sat, 2024-03-23 07:46
Two titans of the voluntary carbon market are retiring this year, Carbon Pulse has learned.
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EU carbon pricing policies could transform, bifurcate global LNG trade -consultancy

Carbon Pulse - Sat, 2024-03-23 05:40
The global LNG market is at risk of major transformation and possible bifurcation if the EU extends its carbon pricing policies to include imports of the fuel, according to a major global consultancy.
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SEC climate disclosure rules reinstated after litigation moved to new court

Carbon Pulse - Sat, 2024-03-23 04:50
The US Securities and Exchange Commission's (SEC) new climate disclosure rules were reinstated by judges at the 5th Circuit Court of Appeals on Friday.
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PREVIEW: EU ‘green’ majority to exhale final breath before elections

Carbon Pulse - Sat, 2024-03-23 03:36
Time is now up for the political majority that made the European Green Deal possible, with the bloc's 27 environmental ministers showing more and more signs of disagreement ahead of their summit next week.
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TNFD co-chair Elizabeth Mrema steps down

Carbon Pulse - Sat, 2024-03-23 02:05
Elizabeth Mrema, co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD), is stepping down from her role amid a swathe of other leadership changes at the organisation.
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CBD advisory group lists potential centres to support global scientific cooperation

Carbon Pulse - Sat, 2024-03-23 01:38
The UN Convention of Biological Diversity (CBD) has published a list of potential regional support centres to promote biodiversity-related collaboration on science, technology, and innovation.
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UK standards body lays groundwork for domestic framework on nature markets

Carbon Pulse - Sat, 2024-03-23 01:19
The UK national standards body has launched a consultation on a set of overarching principles for domestic nature markets including units representing biodiversity.
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Momentum builds for shipping carbon levy as IMO meeting draws to a close

Carbon Pulse - Sat, 2024-03-23 00:46
Momentum to introduce a carbon tax on shipping is building after delegates at a UN convention officially endorsed a framework on Friday to move forward with climate measures including the introduction of a levy on emissions.
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Water overlooked in voluntary sector but market potential tops 1.6 bln carbon credits a year, finds report

Carbon Pulse - Sat, 2024-03-23 00:06
The total global potential for voluntary carbon credits generated from water-related projects could top 1.6 billion tonnes of CO2 a year, but the sector has been overlooked by project developers and investors, partly because of a lack of methodologies, finds a new report.
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Indigenous advocacy group urges US climate envoy to resist Article 6 development

Carbon Pulse - Fri, 2024-03-22 23:03
A US-based Indigenous advocacy group sent a letter this week to US special climate envoy John Podesta urging him to oppose the development of Paris Agreement carbon markets, as communities worldwide debate their merits.
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Two sites published on English biodiversity gain register without boundary details

Carbon Pulse - Fri, 2024-03-22 22:53
The first two areas on the register for off-site biodiversity net gain (BNG) projects in England have faced criticism for their lack of boundary details.   
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-03-22 22:30
European carbon prices were heading for their first gain in four days on Friday morning, with some observers saying the market was reverting to a familiar recent pattern of rising on Friday ahead of renewed weakness on the following Monday, while natural gas turned bullish amid forecasts for lower temperatures from this weekend.
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There are more than 1,000 varieties of banana, and we eat one of them. Here’s why that’s absurd | Dan Saladino

The Guardian - Fri, 2024-03-22 22:00

The lack of diversity could mean the fruit’s extinction. It offers a stark warning of what could happen to other key foods

The meeting of the World Banana Forum last week in Rome didn’t make many headlines. But what was under discussion there has serious implications for everyone. The ubiquitous yellow fruit is the proverbial canary in the mine of our modern food system, showing just how fragile it is. And the current plight of the banana should serve as an invitation to us all to become champions of food diversity.

When you peel a banana, you’re on the receiving end of a near-miraculous $10bn supply chain. One that sends seemingly endless quantities of a tropical fruit halfway across the world to be among the cheapest, most readily available products in supermarket aisles (on average, around 12p a banana). But, incredibly, there’s no inbuilt backup plan or safety net if the one variety that most of the global trade depends on starts to fail.

Dan Saladino is a food journalist, broadcaster and author of Eating to Extinction: The World’s Rarest Foods and Why We Need to Save Them

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England won’t adopt EU river pollution rules for pharma and cosmetics firms

The Guardian - Fri, 2024-03-22 21:55

Campaigners say government is failing to match major step forward as bloc prepares to introduce ‘polluter pays’ principle

New EU rules which introduce “polluter pays” principles to get pharmaceutical and cosmetic companies to pay for the pollution they cause in rivers will not be adopted by the government in England, as campaigners say the country is falling behind.

Lawmakers in Europe have signed off on an update to the urban waste water treatment (UWWT) directive, which is to further tighten restrictions on pollution. More nutrients from agricultural waste and sewage will have to be removed from waterways under the new rules. It also for the first time applies standards to micropollutants such as chemicals from pharmaceutical waste.

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Stakeholders call on GHG Protocol standards to make comparing corporate emissions accounting easier

Carbon Pulse - Fri, 2024-03-22 21:30
The GHG Protocol has published a summary of stakeholder responses on its corporate emissions accounting standards, which includes details on market-based approaches and the use of voluntary carbon credits.
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CN Markets: CEA price holds above 80 yuan, liquidity plummets

Carbon Pulse - Fri, 2024-03-22 21:22
China saw liquidity in its compliance carbon market fall sharply over the past week, while permit prices held above the 80 yuan ($11.07) benchmark amid growing optimism about the sectoral expansion of the market.
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Weather tracker: Tornadoes hit central US, killing three

The Guardian - Fri, 2024-03-22 21:05

Elsewhere, record-breaking snowfall in Japan and unseasonally high temperatures in South Sudan

Last week, central parts of the US experienced a severe outbreak of tornadoes with more than two dozen forming across the states of Ohio and Indiana, resulting in at least three deaths and multiple injuries.

A number of intense supercell thunderstorms travelled eastwards across central Indiana late in the afternoon and evening of 14 March, from which tornadoes formed. Many of these were weak with estimated maximum wind speeds of 65-85mph – the requirement to be categorised as an EF-0 tornado.

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