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EU carbon price surge not here to stay –analyst

Carbon Pulse - Thu, 2024-03-28 03:07
The end of the EU carbon allowance price rally is in sight, with prices likely to start falling again in the next couple months, according to the research arm of a Dutch bank.
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Launch of credit scheme for UK saltmarshes would be viable and boost carbon storage -study

Carbon Pulse - Thu, 2024-03-28 02:48
The introduction of a carbon credit scheme supporting the restoration of UK saltmarshes would be feasible and provide a pipeline for private investment to help restore these degraded areas with significant carbon storage potential, a government-backed study has found.
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Marine biodiversity credit market may need “new type” of units, RePlanet says

Carbon Pulse - Thu, 2024-03-28 02:46
UK-headquartered biodiversity credit developer RePlanet has stressed the need to develop tailored biodiversity units for marine conservation due to critical challenges holding back the market.
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California ARB offset issuance ticks up again, but remains behind 2023 levels

Carbon Pulse - Thu, 2024-03-28 02:29
California regulator ARB has issued the highest number of compliance-grade offsets so far this year, although year-to-date totals continue to lag behind 2023, data published by the agency Wednesday showed.
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Oil and gas companies fail to sufficiently disclose climate risks for investors -study

Carbon Pulse - Thu, 2024-03-28 01:52
The voluntary climate action disclosure from 10 oil and gas majors falls short of what investors need to accurately gauge how they will meet their goals, and the risks posed by those transitions, according to analysis published on Wednesday.
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NA100 guide on engaging with eight sectors published

Carbon Pulse - Thu, 2024-03-28 01:51
A guide for investor members of the Nature Action 100 (NA100) initiative on engaging with companies in eight priority sectors has been published by non-profit Ceres.
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Former FERC chairman joins board of California-based carbon removal company

Carbon Pulse - Thu, 2024-03-28 01:29
A former chairman of the Federal Energy Regulatory Commission (FERC) has joined the board of a Los Angeles-headquartered carbon removal company that specialises in direct air capture (DAC) technology.
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Nordics take lead on CCS, negative emissions as EU debates 2040 climate goal

Carbon Pulse - Thu, 2024-03-28 00:33
Finland and Sweden – the two EU countries with the biggest forest carbon sinks – came up with the most elaborate positions on carbon capture and storage (CCS) as well as negative emission technologies during a ministerial debate on Monday about the EU’s future 2040 climate policy.
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UK oil and gas regulator pushes developers to cut emissions or face possible closure

Carbon Pulse - Thu, 2024-03-28 00:24
The UK's offshore oil and gas regulator is asking developers to boost electrification and cut down on flaring and venting or face potential closure, in an effort to reduce emissions from fossil fuels production while keeping supply secure.
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Registries should lead the charge to scale voluntary carbon market, finds survey

Carbon Pulse - Wed, 2024-03-27 23:52
Registries should address key inhibitors to voluntary carbon market growth, including insufficient price transparency, standardisation, and interoperability, according to stakeholders surveyed by two financial analytics firms.
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UK competition regulator clamps down on greenwashing in fashion sector

Carbon Pulse - Wed, 2024-03-27 23:13
Three high street budget fashion giants have pledged they will change the way they display, describe, and promote their green credentials in the UK amid a clamp down by the competition regulator on greenwashing that will impact the use of carbon offsets across the sector.
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EU businesses and governments look to Mauritania to fulfill their hydrogen ambitions

Carbon Pulse - Wed, 2024-03-27 23:06
EU firms and governments are promoting green hydrogen infrastructure in Mauritania, in a push that could account for most of the bloc’s 2030 target for green hydrogen imports and capitalise on the country's proximity, cheaper production costs, favourable regulatory environment, and vast solar and wind energy potential.
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Fifth of food wasted globally at cost of £1tn a year, says UN report

The Guardian - Wed, 2024-03-27 22:57

UN Food Waste Index report says food wastage is major contributor to climate crisis


More than a billion meals are thrown away every day, in poor countries as well as rich ones, despite more than 730m people living in hunger around the world.

About a fifth of food around the world is wasted, sometimes through profligacy or poor planning, sometimes from a lack of access to refrigeration or storage, according to the UN Food Waste Index Report, published on Wednesday, at a global cost of about $1tn a year.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-03-27 22:29
EU carbon prices were little changed at midday along with natural gas, after weekly commitment of traders data showed a fourth consecutive reduction in net short positions held by investment funds.
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Northumberland’s Farne Islands reopen to tourists after bird flu outbreak

The Guardian - Wed, 2024-03-27 22:19

Boats had been barred from landing since July 2022 owing to virus, which has ravaged populations of seabirds

The puffins started arriving two weeks ago – and now there are thousands of them fizzing around in a mad frenzy. They have joined kittiwakes, guillemots, razorbills, fulmars and shags. Soon Arctic terns will arrive after their epic journey across the world from the Antarctic.

This week humans arrived after a two-year ban from the Farne Islands in Northumberland, one of the UK’s most important sanctuaries for breeding seabirds.

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UK biodiversity net gain tool for small developers launches

Carbon Pulse - Wed, 2024-03-27 21:51
An online tool to help small developers comply with biodiversity net gain (BNG) laws has launched, ahead of the legislation coming into force for them on Apr. 2.
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Australia open to include OECMs in Nature Repair Market

Carbon Pulse - Wed, 2024-03-27 21:47
Australia on Wednesday released its second public consultation on Other Effective area-based Conservation Measures (OECMs), saying they might be approved for biodiversity crediting under the nation’s Nature Repair Market (NRM).
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Brazil, France announce €1 bln plan to ramp up financing towards “bioeconomy” in the Amazon

Carbon Pulse - Wed, 2024-03-27 21:45
The Brazilian and French presidents have announced a €1 billion investment plan to address climate change and deforestation in the Amazon, as Brazil strives to boost international funding for environmental protection under its G20 Presidency.
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