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INTERVIEW: Peruvian response to EU rules opens door to more deforestation, not less

Carbon Pulse - Fri, 2024-09-13 09:35
Peruvian legislation passed shortly after the EU Deforestation Regulation (EUDR) has deliberately misconstrued the latter’s due diligence requirements to expand agricultural land titling, thereby encroaching on the Amazon, according to the author of a report on Peruvian land concessions.
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Brazilian national development bank launches $180 mln credit line for forestry investments

Carbon Pulse - Fri, 2024-09-13 08:14
The national development of Brazil announced Thursday the launch a R$1 billion ($180 million) credit programme aimed investments in forestry activities that promote native vegetation and capture CO2 from the atmosphere.
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US Department of Energy to provide up to $500 mln for 1PointFive’s South Texas DAC Hub

Carbon Pulse - Fri, 2024-09-13 08:05
1PointFive, a subsidiary of oil firm Occidental, has secured up to $500 million in funding from the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of its South Texas Direct Air Capture (DAC) Hub.
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Washington state prioritises additionality, regionality in upcoming CFS amendments

Carbon Pulse - Fri, 2024-09-13 07:40
Staff at Washington state’s Department of Ecology (ECY) reviewed forthcoming Clean Fuel Standard (CFS) updates that will incentivise new decarbonisation projects over older ones, showing preference for those that impact the Pacific Northwest (PNW), during a pair of public rulemaking webinars over the past week.
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US renewable fuels producer purchases ethanol plant, CCS facility for $210 mln

Carbon Pulse - Fri, 2024-09-13 07:17
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
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Research groups to support four research projects to advance ocean-based CO2 removal

Carbon Pulse - Fri, 2024-09-13 07:14
Two research programmes focusing on maritime CO2 removal (mCDR) announced Thursday the selection of four research projects aiming to advance technologies for ocean-based carbon removal.
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Failure to launch: Flowcarbon reportedly refunding investors over shelved crypto-carbon token

Carbon Pulse - Fri, 2024-09-13 06:33
Flowcarbon, the climate tech startup co-founded by former WeWork CEO Adam Neumann, has reportedly started refunding investors after failing to launch its blockchain-based “Goddess Nature Token” (GNT).
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First talks at EU Parliament environment committee reveal lawmakers’ fears and expectations

Carbon Pulse - Fri, 2024-09-13 05:36
Lawmakers in the European Parliament's environment committee held their first meeting dedicated to climate policy files on Thursday, possibly setting the tone for discussions lying ahead in the coming five-year mandate.
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BRIEFING: Investors lament carbon removal financing gap at industry summit

Carbon Pulse - Fri, 2024-09-13 04:39
The investment climate for carbon removal (CDR) remains relatively cool, with difficult hoops for developers to jump through - making hard for them to attract funding, speakers said at an industry summit on Thursday.
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EUA prices likely to rise in next 3-6 months as gas market faces upside risks over winter –analyst

Carbon Pulse - Fri, 2024-09-13 04:22
Price risk for EUAs is "skewed to the upside" after recent gas-driven weakness, as upside price risk is increasing for natural gas ahead of the coming winter, according to an analyst at a major international bank who raised their 2024 price forecasts by just under 10% from a previous prediction in March.
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Mystery tremors were from massive nine-day tsunami

BBC - Fri, 2024-09-13 04:17
Scientists launched an investigation after being baffled by seismic signals picked up across the world
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Mystery tremors were from massive nine-day tsunami

BBC - Fri, 2024-09-13 04:17
Scientists launched an investigation after being baffled by seismic signals picked up across the world
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Entire Earth vibrated for nine days after climate-triggered mega-tsunami

The Guardian - Fri, 2024-09-13 04:00

Landslide in Greenland caused unprecedented seismic event that shows impact of global heating, say scientists

A landslide and mega-tsunami in Greenland in September 2023, triggered by the climate crisis, caused the entire Earth to vibrate for nine days, a scientific investigation has found.

The seismic event was detected by earthquake sensors around the world but was so completely unprecedented that the researchers initially had no idea what had caused it. Having now solved the mystery, the scientists said it showed how global heating was already having planetary-scale impacts and that major landslides were possible in places previously believed to be stable as temperatures rapidly rose.

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UK faces another autumn and winter of flooding, Met Office warns

The Guardian - Fri, 2024-09-13 03:14

The government’s flood resilience taskforce has met for the first time to plan and discuss pre-emptive measures

The UK faces another autumn and winter of destructive floods, the Met Office has warned.

On Thursday, the government flood resilience taskforce met for the first time to discuss how to proceed when – as seems highly likely – homes, farms and businesses are flooded in the coming months.

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Germany joins mounting calls to halt EU anti-deforestation rules

Carbon Pulse - Fri, 2024-09-13 02:55
Germany has joined a growing tide of opponents to the European Union's anti-deforestation law, as the country's Chancellor Olaf Scholz calls on the European Commission to suspend the regulation.
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Airlines ‘suffering’ from lack of CORSIA carbon credit clarity, says aviation executive

Carbon Pulse - Fri, 2024-09-13 02:48
Airlines are struggling due to a lack of clarity with CORSIA, the UN's international aviation offsetting scheme, according to an executive at a German aviation group.
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Swiss DAC company needs to raise $9 bln in six years to scale

Carbon Pulse - Fri, 2024-09-13 02:12
A Swiss direct air company will require $9 billion to reach its gigatonne-scale ambitions by 2030, a senior figure at the company said on Thursday.
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Scientists hopeful antidote can help protect bumblebees from pesticides

The Guardian - Fri, 2024-09-13 01:29

Study suggests hydrogel microparticles increase survival by 30% in bumblebees exposed to lethal doses of neonicotinoids

Scientists have developed a “vaccine” for bees against pesticides – and it appears to work, according to an initial study.

According to the findings, published in Nature Sustainability, hydrogel microparticles fed to bumblebees in sugar water caused a 30% higher survival rate in individuals exposed to lethal doses of neonicotinoids, and significantly milder symptoms in those exposed to lower doses that would not usually be lethal but can cause harm.

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