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New Zealand govt sharply revises down expected future NZU price in emissions plan

Carbon Pulse - Wed, 2024-07-17 11:50
Long-term prices in New Zealand’s Emissions Trading Scheme (ETS) could sit at just NZ$50 ($30.35) as the government intends to pursue a least-cost pathway to achieving its climate goals, it said in the draft second Emissions Reduction Plan (ERP) published on Wednesday.
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WCI Market: CCAs pummelled 10% lower as market repositions post-implementation delay to ETS changes

Carbon Pulse - Wed, 2024-07-17 11:17
California Carbon Allowances (CCAs) have traded lower for six straight sessions after the release of ARB’s cap-and-trade informal rulemaking workshop slidedeck showing a delay in implementation of proposed changes pushed to 2026 that surprised market participants.
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UN warns of increased corruption risks in carbon offsets market

Carbon Pulse - Wed, 2024-07-17 11:10
The lack of regulations within the carbon offset market could potentially lead to increased corruption and consequently undermine climate efforts in the coming years, the United Nations Environment Programme (UNEP) warned this week.
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Ecuador to resume carbon market debates, community benefits at stake -association president

Carbon Pulse - Wed, 2024-07-17 11:00
Ecuador has long abstained from the voluntary carbon market (VCM), but now, pending legislative buy-in, it could boost benefits to communities over traditional results-based REDD payments, the country’s carbon association president said Tuesday.
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Scientists set up webcam in Colorado rattlesnake ‘mega den’ with up to 2,000 reptiles

The Guardian - Wed, 2024-07-17 10:32

Researchers say rattlesnakes have an undeservedly maligned reputation but are social creatures who make good mothers

A “mega den” with as many as 2,000 rattlesnakes isn’t top binge-watching for many people. But a round-the-clock webcam in Colorado is providing a viewing bonanza for scientists and other snake enthusiasts whose observations are helping to broaden understanding of these unusual – and undeservedly maligned – reptiles.

The remote site on private land in northern Colorado is on a hillside full of rock crevices where the snakes can keep warm and hide from predators.

Continue reading...
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British government leading public-private initiative to bring carbon trading to COP29 host Azerbaijan

Carbon Pulse - Wed, 2024-07-17 10:02
The UK government is leading a public-private initiative to launch a carbon market in Azerbaijan, where this year’s annual UN climate summit will be held.
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New tech aims to keep polar bears and people apart

BBC - Wed, 2024-07-17 09:40
Fears about the two species coming into contact are growing as Arctic sea ice melts.
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Think tank releases guidelines for Canadian policymakers facing “trilemma” to achieve low-emissions supply chains

Carbon Pulse - Wed, 2024-07-17 09:40
A Canadian non-partisan think tank on Tuesday identified trade-offs and policy options for lawmakers in their quest to decarbonise low-emission energy technology supply chains, while supporting national security and compliance with global trade rules.
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PacifiCorp loses cap-and-trade lawsuit as federal judge rules in favour of Washington state

Carbon Pulse - Wed, 2024-07-17 09:29
Investor-owned utility PacifiCorp lost its lawsuit against the Washington Department of Ecology (ECY) after a US federal district judge dismissed the gas-fired power producer’s claims of discrimination under the state’s cap-and-trade programme, according to court documents filed Monday.
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US EPA awards $160 mln to advance emissions disclosures related to construction materials

Carbon Pulse - Wed, 2024-07-17 09:28
The US Environmental Protection Agency (EPA) on Tuesday announced nearly $160 million in grants for 38 projects that support efforts to report and reduce climate pollution resulting from the production of construction materials.
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For a century, it’s been illegal to swim in the Seine. Will Paris’s clean-up make the river safe for Olympic swimmers?

The Conversation - Wed, 2024-07-17 09:07
Billions have been spent making the Seine swimmable for the first time in a century. It might not be enough. Ian A. Wright, Associate Professor in Environmental Science, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
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EU’s renewable hydrogen goals ‘unlikely to be met’, auditors say

Carbon Pulse - Wed, 2024-07-17 08:01
The European Union is unlikely to meet its 2030 goal for domestic production and import of renewable hydrogen, according to the European Court of Auditors (ECA), who are calling for “a reality check” on targets they describe as “overly ambitious”.
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Beyond the Barrier Reef: Australia’s 3 other World Heritage reefs are also in trouble

The Conversation - Wed, 2024-07-17 06:18
We all know the Barrier Reef – but Australia also has three other World Heritage reefs, Ningaloo and Shark Bay in Western Australia and Lord Howe Island off the New South Wales coast. Kate Marie Quigley, DECRA Research Fellow in molecular ecology, James Cook University Andrew Hamilton Baird, Professorial fellow in coral reef ecology, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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Puerto Rico files $1 billion lawsuit against oil majors for effects of climate change

Carbon Pulse - Wed, 2024-07-17 04:46
Puerto Rico filed a lawsuit Monday against multiple international oil majors seeking $1 billion in damages for the effects of greenhouse gas emissions from their products, joining a litany of similar lawsuits seeking to hold fossil fuel firms financially accountable for the impacts of climate change.
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Carbon removal sector booms in 2024 with more sales in H1 than across entirety of 2023

Carbon Pulse - Wed, 2024-07-17 03:46
This year has seen interest in durable carbon removal (CDR) credits soar, with more private sales recorded between January and June than there were across the entirety of 2023, according to a new report.
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Wildlife Works, Everland publish new baseline allocation model for nested REDD carbon projects

Carbon Pulse - Wed, 2024-07-17 03:37
Voluntary carbon project developers Wildlife Works and their brokerage arm Everland have presented a risk-based approach to setting deforestation baselines for ‘nested’ REDD schemes, which they say gives governments the option to allocate areas under higher risk of deforestation to meet jurisdictional climate goals.
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