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Australia environmental offset audit an ‘important exercise’, webinar hears, though govt refuses to release full findings

Carbon Pulse - Tue, 2024-04-23 17:54
The Australian government learned important lessons from its environmental offset audit process, officials told a webinar last week, but is refusing to publicly release the full report on its findings.
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Indian carbon credits not just for domestic use, will be allowed to be traded internationally -official

Carbon Pulse - Tue, 2024-04-23 17:48
India will allow foreign buyers to purchase carbon credits generated in the country, the administrator of the national market told a webinar this week, seeking to clarify the government's policy after market participants had expressed confusion about the eligibility of selling units abroad.
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Australian companies sign up to Qantas SAF programme

Carbon Pulse - Tue, 2024-04-23 16:23
Multiple Australian companies have joined Qantas’ Sustainable Aviation Fuel (SAF) Coalition, opting to contribute to the cost of SAF rather than relying on carbon offsets, the airline said Tuesday.
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Electric and hybrid car sales to rise to new global record in 2024

The Guardian - Tue, 2024-04-23 15:00

International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023

Electric and plug-in hybrid car sales will jump to a new global record in 2024 despite slowing growth in some markets, according to forecasts from the influential International Energy Agency (IEA).

The Paris-based forecaster said that 17m battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up more than 20% compared with 2023.

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Handbag designer jailed for wildlife smuggling

BBC - Tue, 2024-04-23 11:43
Nancy Gonzalez recruited relatives to smuggle purses made of illicit python and caiman into the US.
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Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

The Conversation - Tue, 2024-04-23 11:11
The 2023 megafires burnt more than 84 million hectares of desert and savannah in northern Australia. That’s larger than the whole of NSW, or more than three times size of the UK. Rohan Fisher, Information Technology for Development Researcher, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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Father begins legal fight against BP for dead son

BBC - Tue, 2024-04-23 10:35
Hussein Julood says the burning of gas at a BP-run oil field in Iraq caused his son's leukaemia.
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California carbon offset greenwashing bill swiftly heads to final Senate committee vote

Carbon Pulse - Tue, 2024-04-23 10:28
A Senate bill eyeing more stringent oversight over the purchase and sale of carbon offsets received no public testimony during its third Senate committee hearing on Monday, and now awaits a vote by committee members on whether it will advance to the Senate floor.
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California diesel sales clock record January level since 2008, gasoline continues to decline

Carbon Pulse - Tue, 2024-04-23 09:09
California diesel sales in January rose to their highest volumes for that month since 2008, while gasoline sales and emissions decreased year-on-year from 2023, according to state data released Monday.
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Opposition persists as US CO2 pipeline developer reattempts to secure permit

Carbon Pulse - Tue, 2024-04-23 08:48
Representatives of CO2 pipeline developer Summit Carbon Solutions (SCS) testified before the North Dakota Public Service Commission (PSC) on Monday as the company once again attempts to secure a permit for pipeline construction in the state.
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RGGI Markets: Compliance demand holds benchmark prices north of $20

Carbon Pulse - Tue, 2024-04-23 08:35
Compliance entities continue to support RGGI allowance prices even as transaction volumes in the secondary market declined through the week, with participants reporting lower snow levels likely impacting imported hydro power.
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DOE dishes out $11 mln for CCS transport infrastructure projects

Carbon Pulse - Tue, 2024-04-23 08:08
The US Department of Energy (DOE) announced Monday the allocation of $11 million to four CO2 transport projects across multiple states, as the agency continues to enable large-scale carbon capture and storage (CCS) initiatives.
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Potential market rules worry traders as allowances sell off on release of ARB workshop slidedeck

Carbon Pulse - Tue, 2024-04-23 06:43
California regulator ARB will discuss potential changes to market rules surrounding corporate disclosures and holding limits in their public rulemaking cap-and-trade workshop scheduled Tuesday, according to a slidedeck posted Monday, which resulted in futures prices in the secondary market selling off.
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