Around The Web

Cost of nature loss much higher than governments estimate, study shows

Carbon Pulse - Sat, 2024-03-09 00:42
Government decision-making methods have fallen short of assessing the actual monetary value of ecosystem services by up to 180%, a study has shown.
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Dutch company to pilot biodiversity credit project in Australia

Carbon Pulse - Sat, 2024-03-09 00:29
A Dutch nature-based solutions developer plans to launch a biodiversity credit pilot in Australia by the end of September.
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We can’t pretend we’re doing enough if we want to give the Great Barrier Reef a chance to survive | Adam Morton

The Guardian - Sat, 2024-03-09 00:00

With mass bleaching events so frequent, the prognosis is bad. Australia must lead with its actions on emissions and phasing out fossil fuel development

What will it take for us to collectively pay attention? Not a new question, but a reasonable one after the official declaration that the Great Barrier Reef is suffering through another mass bleaching event driven by global heating – the fifth since 2016.

There is no clearer visual demonstration of the climate crisis than what is happening to the reef. It’s a globally unique landmark, made up of thousands of individual reefs and islands and an extraordinary and eccentric array of species. It has been growing into its modern form, spread across an area the size of Italy, for about 8,000 years. People travel from across the planet to witness it. And we can literally see the impact of climate change on it as it changes colour and loses life in real time.

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INTERVIEW: Brazilian rainforest state to build bridge between smallholder farmers and the carbon market

Carbon Pulse - Fri, 2024-03-08 23:38
A Brazilian state is working to enable access to the carbon market for smallholder farmers by rewarding them for protecting the Amazon and setting up an intermediary agency to facilitate access to offset buyers.
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Sadiq Khan says roadside pollutants falling faster in London than rest of UK

The Guardian - Fri, 2024-03-08 23:24

Exclusive: Mayor hails ‘remarkable progress’ in improving air quality after report showing much of change is result of Ulez

Sadiq Khan has hailed what he said was remarkable progress in improving London’s air quality under his tenure as mayor, after a study showed roadside pollutant levels falling faster in the city than elsewhere in the UK.

The report, produced by the Greater London Authority (GLA) and Transport for London (TfL), said a good proportion of the improvement was the result of the ultra-low emission zone (Ulez), which was extended to all London boroughs last summer.

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Nature data gaps are narrowing as technologies improve, experts say

Carbon Pulse - Fri, 2024-03-08 23:22
Gaps in nature data are narrowing as technologies enable companies in extractive sectors to scale up ecosystem monitoring, say experts from data company NatureMetrics.
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Labour would aim for zero-waste economy by 2050, says Steve Reed

The Guardian - Fri, 2024-03-08 22:46

Shadow environment secretary says other countries have same target and it would save billions of pounds

A Labour government would aim for a zero-waste economy by 2050, the shadow environment secretary has said.

Steve Reed said the measure would save billions of pounds and also protect the environment from mining and other negative actions, while speaking at the Restitch conference in Coventry, held by the thinktank Create Streets.

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-03-08 22:23
European carbon permit prices fluctuated either side of unchanged on Friday morning, reflecting fatigue and a lack of direction among traders, after a week of volatility in both directions that has generated the widest five-day trading range in two months.
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FEATURE: EU testing the waters on ETS3 for agriculture

Carbon Pulse - Fri, 2024-03-08 21:09
The European Union is testing the waters on the possibility of creating a new ETS for agriculture, or revising its existing carbon market rules, in an effort to tackle emissions from a politically-sensitive sector that has seen farmers take to the streets in recent weeks to protest against EU bureaucracy.
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CF ASIA: Japan considers inclusion of international CDR projects in domestic carbon market

Carbon Pulse - Fri, 2024-03-08 20:05
Japan is assessing the possibility of including credits generated from international carbon dioxide removal (CDR) projects in the domestic carbon market, and should see more clarity within this year, a conference heard Friday.
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CF ASIA: Asian countries should allow offsets in their compliance schemes, banker says

Carbon Pulse - Fri, 2024-03-08 20:04
Project-based carbon credits complement compliance markets and countries in the Asia-Pacific region should allow them in their compliance programmes to help drive demand for credits, a banker told Carbon Forward Asia conference on Friday.
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CF ASIA: Managing reputational risks difficult but vital, carbon developer says

Carbon Pulse - Fri, 2024-03-08 19:57
The potential reputational risks for carbon project developers partnering with corrupt or problematic governments are "challenging, but necessary" in order to continue the work of protecting nature within their borders, a project developer told a panel Friday.
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Weather tracker: Much of southern Australia on heatwave alert

The Guardian - Fri, 2024-03-08 19:30

Adelaide region expected to be worst affected with average temperatures forecast to be up by 10C

Southern parts of Australia are expected to suffer a short heatwave starting on Friday and lasting until next Tuesday. The Adelaide region will be worst affected, with highs of about 36C anticipated in the city on Friday, which is 10C above the seasonal norm.

Daytime maximums are then set to remain above 35C until Tuesday, while minimum temperatures are not forecast to drop below 25C. This will be the longest March run of high temperatures in Adelaide in four years, with only one March day above 35C being recorded over this period.

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The week in wildlife – in pictures: a stinky frog, a curious gopher and bald eagle eggs

The Guardian - Fri, 2024-03-08 18:00

The best of this week’s wildlife photographs from around the world

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Vietnam signs forest credit deal with US buyer

Carbon Pulse - Fri, 2024-03-08 17:53
Vietnam has agreed to sell over 5 million forest-based carbon credits to a US company, the government announced this week.
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CN Markets: CEA price reaches all-time high as traders expect tougher ETS regulations

Carbon Pulse - Fri, 2024-03-08 17:15
Allowances in the Chinese carbon market this week rose to their highest level since trading begun in 2021, with participants expecting stiff punishment for non-compliance as new ETS regulations become effective in May.
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A glorious lineage, or an expensive disaster? Paris is at war over 300 wild rabbits | Agnès Poirier

The Guardian - Fri, 2024-03-08 17:00

The animals that inspired Rodin and fed the French resistance may soon be banished from Les Invalides – but not if protesters have anything to do with it

Paris is the theatre of many battles, but none has been more burlesque than the fight to save or annihilate – according to which side of the argument you belong – the wild rabbits living in the shadow of Napoleon’s tomb. Three hundred or so of these furry friends, or fiends, have been digging thousands of tunnels underneath the manicured lawn of the Esplanade des Invalides, ruining the 16-hectare (40-acre) site overseen by the French military.

Gnawing on electrical cables and garden hoses, they have transformed the grass plot into gruyère, as well as leaving behind tons of their signature round droppings. The military personnel must be feeling their skills are wasted, spending precious hours each day, as they now must do, collecting rabbit caca.

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Major Japanese firms join Africa-focused carbon credit initiative

Carbon Pulse - Fri, 2024-03-08 16:54
A trio of major Japanese companies have joined an alliance seeking to generate tens of millions of carbon credits this decade, with a main focus on Africa.
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CF ASIA: India at least half a year away from seeing first project in domestic market

Carbon Pulse - Fri, 2024-03-08 16:09
The first project to be registered under India’s domestic carbon market is likely at least half a year away, as the South Asian nation is still building the technical foundations that will underpin the scheme, an expert told the Carbon Forward Asia conference.
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Cancer-causing PCB chemicals still being produced despite 40-year-old ban

The Guardian - Fri, 2024-03-08 16:00

Exclusive: Research reveals byproduct PCBs may pose ‘growing, unmonitored environmental and human health risk’

Industry could be producing more cancer-causing PCB chemicals today than at any other point in history, despite their production having been banned more than 40 years ago.

PCBs, or polychlorinated biphenyls, are human-made substances that were used as coolants and lubricants in electrical equipment until they were banned due to their links to health problems and because they do not break down easily in the environment.

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