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Bhutan govt, NGO coalition pledge to mobilise $1 bln for tiger preservation

Carbon Pulse - Thu, 2024-04-25 00:38
Bhutan's government and a group of conservation NGOs have committed to catalyse $1 billion to protect tigers and their habitats over the next decade.
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INTERVIEW: Durable carbon removals present new challenges, risk profile for insurance

Carbon Pulse - Wed, 2024-04-24 23:52
Carbon insurers, previously focused on nature-based solutions (NBS) credits, are entering the arena of durable CO2 removals (CDR) and adapting existing insurance strategies to suit a new risk profile, according to a specialist speaking to Carbon Pulse.
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CreditNature method receives independent accreditation

Carbon Pulse - Wed, 2024-04-24 23:35
CreditNature has achieved a “world first” by receiving accreditation from an independent accounting framework for its ecosystem restoration methodology, in a move that could help scale nature markets, it said Wednesday.
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EUA prices set to begin sustained rally as market faces up to annual deficits after 2024 –analyst

Carbon Pulse - Wed, 2024-04-24 23:32
European carbon allowance prices are expected to embark on a sustained rally in the near future as the current 100 million-tonne annual surplus in supply dwindles to become an annual deficit of as much as 300 Mt after the end of the REPowerEU programme, according to a veteran analyst.
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Doctors condemn suspension of retired GP over UK climate protests

The Guardian - Wed, 2024-04-24 23:16

British Medical Association says decision to take Dr Sarah Benn off medical register for five months ‘sends worrying message’

Doctors groups are calling for urgent consideration of the rules for medical professionals who take peaceful direct action on the climate crisis, which they say is the “greatest threat to global health”, after a GP was suspended from the register for non-violent protest.

Dr Sarah Benn, a GP from Birmingham, was taken off the medical register for five months on Tuesday by the Medical Practitioners Tribunal Service (MPTS), the disciplinary arm of the General Medical Council (GMC), over her climate protests.

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DAC and carbon storage companies team up for removals project in Kenya

Carbon Pulse - Wed, 2024-04-24 23:00
A direct air capture developer is teaming up with a carbon storage technology company to create a value chain for extracting CO2 from the atmosphere and permanently storing it underground, helping to streamline the sale of carbon credits, it announced on Wednesday.
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US administration targets protecting three mln ha of wetlands by 2030

Carbon Pulse - Wed, 2024-04-24 21:41
President Joe Biden's administration has launched a programme to restore and protect 3 million hectares of wetlands and 160,000 kilometres of rivers in the US by 2030, with over 100 NGOs, Tribes, and local governments joining the initiative as early members.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-04-24 21:31
European carbon prices gave up gains of as much as 2.7% on Wednesday morning in sync with a reversal in energy markets and the publication of weekly Commitment of Traders data that showed the biggest reduction in investment funds' bearish bets in a month.
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BRIEFING: Over half of APAC’s economy directly dependent on nature, highly vulnerable to nature-related risks

Carbon Pulse - Wed, 2024-04-24 20:54
Countries in the Asia Pacific region are highly vulnerable to nature-related risks, including loss of biodiversity, an increase in pollution, and the non-availability of freshwater, and the failure to address these losses could lead material financial risk for companies and institutional investors, panellists told a webinar Wednesday.
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INTERVIEW: Plastic credits for waste recovery can help plug financing, regulatory gaps

Carbon Pulse - Wed, 2024-04-24 20:40
Plastic credits should be used wherever there’s a financing gap to make plastic collection happen and as a bridge to extended producer responsibility regulation, while they should be sufficiently expensive to dissuade plastic makers from producing the waste in the first place, according to a developer of track and trace software for waste recovery.
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BRIEFING: Who are the small industrial emitters covered by the EU’s ETS2?

Carbon Pulse - Wed, 2024-04-24 20:30
Small industrial emitters falling under the “other” sectors covered by the EU’s Emissions Trading System for road transport and heating fuels, ETS2, are typically German installations burning fossil gas in plants of less than 20 megawatts, analysts say.
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Australia’s largest resources export state fails again to buck emissions trend

Carbon Pulse - Wed, 2024-04-24 19:59
New emissions data from Australia’s climate change department shows emissions in its largest resources export state rose over the previous year by 9 million tonnes of CO2-e but those in its largest coal mining state have dropped significantly every year for five consecutive years.
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Korean steelmaker to to launch combined blue carbon, marine biodiversity conservation project

Carbon Pulse - Wed, 2024-04-24 19:21
One of the world's largest steelmakers has teamed up with government agencies to increase carbon sequestration and protect marine ecosystems in South Korea, using steel by-products to help cultivate seaweeds.
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UK ‘helping Russia pay for its war on Ukraine’ via loophole on refined oil imports

The Guardian - Wed, 2024-04-24 19:00

£2.2bn-worth of oil processed in China, India and Turkey – to whom Russia supplies crude – was imported in 2023, data shows

The UK has been accused of “helping Russia pay for its war on Ukraine” by continuing to import record amounts of refined oil from countries processing Kremlin fossil fuels.

Government data analysed by the environmental news site Desmog shows that imports of refined oil from India, China and Turkey amounted to £2.2bn in 2023, the same record value as the previous year, up from £434.2m in 2021.

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Green industrial production set to migrate to renewables-rich countries -study

Carbon Pulse - Wed, 2024-04-24 19:00
The production of energy-intensive green steel, chemicals, and hydrogen is likely to migrate from countries with limited renewables resources to those with abundant supply over the next two decades — but that does not have to result in a deindustrialisation for those that lose the operations, according to a study published on Wednesday. 
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Australian state to develop guide to reduce biodiversity impacts from renewable energy projects

Carbon Pulse - Wed, 2024-04-24 18:57
The Australian state of Victoria is committing A$3.8 million ($2.5 mln) to develop tools and guidelines for renewable energy project developers to avoid harming local biodiversity, it announced Wednesday.
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Australia’s Woodside sees climate plans rejected by AGM

Carbon Pulse - Wed, 2024-04-24 18:48
Australia's Woodside Energy saw its climate action plan rejected by shareholders at its annual general meeting in Perth on Wednesday with nearly 60% of investors voting against it, while the chairman suffered one of the largest shareholder revolts recorded for an ASX50 company in recent years.
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Thai bank teams up with consultancy to decarbonise energy, agriculture sectors, promote carbon trading

Carbon Pulse - Wed, 2024-04-24 17:41
A Thai state-owned bank has signed a Memorandum of Understanding (MoU) with a Bangkok-based climate consultancy to support domestic businesses and farmers in meeting their decarbonisation goals through trading of carbon credits and renewable energy certificates (RECs), it said in a statement.
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Removals buyers club signs CDR offtake agreement with concrete CO2 mineralisation tech developer

Carbon Pulse - Wed, 2024-04-24 17:01
A carbon dioxide removal (CDR) venture has made an advanced purchase of CDRs from mineralised CO2 in demolished concrete from multiple projects across Europe, it announced Tuesday.
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Birdsong once signalled the onset of spring on my street – but not this year | Tony Juniper

The Guardian - Wed, 2024-04-24 17:00

A dawn chorus of flutes, whistles and chirps once flowed through my Cambridge window, but there has been a shocking collapse in birdlife. What can be done?

Every year from February through to June, the early morning chorus of birdsong is one of the most evocative manifestations of spring. During late winter I open the bedroom window before going to sleep, to hear that incredible mix of flutes, whistles and chirps that begin before first light, when I wake. I listen for the layers of song that simultaneously come from close by and far away.

This year though, the dawn chorus that once was the soundtrack for spring in central Cambridge has collapsed. It was noticeably quieter in 2023, and this year strikingly so. Blackbirds are depleted and song thrushes no longer heard at all. The dunnocks – once one of the most common garden songsters – have disappeared, as have the chaffinches, whose early February song was among the first audible confirmations of lengthening days. The cheery chatter of house sparrows is absent and the once familiar sound of coal tits has fallen silent. Long-tailed tits are now rare, and so far this year I’ve heard no blackcaps. Great and blue tits, robins and goldfinches, are still present, but down in number.

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