Around The Web

Heat warnings or advisories in effect for states on west coast, east coast and south, with more extreme highs forecast

A fierce heatwave that shattered records this weekend will again grip much of the US on Monday, with more than 36 million Americans under excessive heat warnings.

The dangerous temperatures caused the death of a motorcyclist in California’s Death Valley. And they posed challenges for firefighters working in sweltering conditions to battle a series of wildfires across the state.

Continue reading...

A startup focused on exchange-traded voluntary carbon investment products has hired an Islamic finance professional two months after securing a fatwa establishing that the firm’s product complies with shariah, according to a press release issued Monday.

Suriname has completed draft national legislation to facilitate carbon trading under Article 6 of the Paris Agreement, according to local media.

Serbia could start supplying the EU with a stable stock of high-grade lithium within four years, helping the bloc produce enough electric vehicles and hit its climate targets, the managing director of Anglo-Australian miner Rio Tinto’s deposit in the country told Carbon Pulse.

The EU’s 35 billion cubic metres (bcm) a year target for biomethane in 2030 could deliver 50 million tonnes of negative emissions through carbon capture at the biogas-to-biomethane conversion stage alone, according to one of Europe’s large traders.

Planted mangrove forests can capture up to three-quarters of the carbon found in natural ones, according to a new paper, which could help better assess how many blue carbon credits can be issued from mangrove restoration projects.

European carbon prices began the week on a positive note as the market rose after Sunday's second round of elections for France's parliament appeared to deal a blow to right-wing parties' hopes of forming a government, but the rally was short-lived and by midday EUAs were again testing support at a key level from last week.

Rachel Reeves says she will revise planning policy and decisions should be taken ‘nationally, not locally’

• Business live – latest updates
• UK politics live – latest updates

The effective ban on onshore windfarms has been dropped by the Labour government, in news that has delighted environmental and energy experts.

The ban was caused by two footnotes to the National Planning Policy Framework (NPPF), the rules which govern the building of homes and infrastructure.

Continue reading...

The European Commission pledged to work closely with India to help the country adapt to the incoming Carbon Border Adjustment Mechanism (CBAM) fees and introduce its own emissions pricing scheme, during a visit to New Delhi last week. 

An Indian project developer has ventured into the market for carbon credits from enhanced rock weathering (ERW), eyeing projects that generate more credits and at a lower price than other early movers.

The French government put forward its carbon capture, utilisation, and storage (CCUS) strategy on Friday, outlining a roadmap to catch 4-8 million tonnes of CO2 per year by 2030, targeting hard-to-abate sectors of industry across four “CCS valleys”.

A coalition comprising major tech companies and environmental groups in Japan has called on the government to set an aggressive emissions reduction target for its 2035 nationally determined contribution (NDC).

The public body in charge of managing the UK's coal mining legacy has released a nature recovery plan, seeking to include nature-related credits into its financial models by 2026.

Imposing a carbon levy on domestic emitters will likely have limited impact on Taiwan's overall economy, though it remains unclear whether the island will be able to launch its carbon pricing programme next year as planned, according to government meeting documents.

A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.

Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 

The increasing share of renewable energy in our electricity grid means there’s no guarantee existing transmission capacity will be available for nuclear energy.

The post Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle appeared first on RenewEconomy.

An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.

Fatal crocodile attacks are extraordinarily rare in Australia – and there is no evidence to suggest their numbers are too high. Brandon Michael Sideleau, PhD student studying human-saltwater crocodile conflict, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.

A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.