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South Korea to scale up funding support for overseas emissions reduction projects

Carbon Pulse - Mon, 2024-02-19 20:30
South Korea has decided to expand funding support for overseas emissions reduction projects this year, as the East Asian country plans to use international carbon credits to fulfil more than 10% of its 2030 CO2 reduction target.
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Voluntary carbon standard ditches old UN crediting methodologies, focuses on nature

Carbon Pulse - Mon, 2024-02-19 19:52
A voluntary carbon standard has announced it will exclusively focus on nature-based solutions and discontinue the eligibility of Clean Development Mechanism (CDM) methodologies under its banner.
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'Brutal' donkey skin trade banned in 55 countries

BBC - Mon, 2024-02-19 19:03
Animal welfare charities welcome the African Union decision to ban the donkey skin trade across the continent.
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Shanghai releases carbon allocation plan for 2023

Carbon Pulse - Mon, 2024-02-19 18:20
The Shanghai municipal government is set to hand out more carbon permits under its emissions trading scheme this year as some emitters have been added to the market.
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Weather tracker: Ex-Tropical Cyclone Lincoln soaks northern Australia

The Guardian - Mon, 2024-02-19 17:39

System that brought heavy rains and strong winds to Northern Territory due to arrive in Western Australia

The Australian Bureau of Meteorology (BOM) issued severe warnings across Northern Australia over the weekend due to a tropical cyclone called Lincoln. Making landfall on Friday afternoon as a category one Cyclone, Lincoln maintained its strength into the evening before being downgraded to a tropical low or ex-tropical cyclone (Ex-TC). By Saturday morning, 202mm of rain had fallen over 24 hours at Centre Island, located to the north-east of Borroloola and nearby to where Lincoln made landfall.

The Ex-TC then slowly tracked westwards across the Northern Territory as it brought heavy rainfall and damaging wind gusts to a series of districts. Warnings of flash flooding were issued by the BOM for a series of northern districts in the Northern Territory, with rainfall totals of 60-100mm forecast to fall within a six-hour period; 80-140mm expected over the 24-hour period. Tennant Creek, located in the west of the Barkly district, recorded 138.4mm of rain within 24 hours by Sunday morning.

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Falkland Islands dispute is causing fishing ‘free-for-all’ in nearby Blue Hole

The Guardian - Mon, 2024-02-19 17:00

Warning that soaring number of vessels threaten fish stocks and environment as geopolitics prevents agreement to regulate area

The scale of unregulated fishing in a disputed region close to the Falkland Islands has reached an “overwhelming” level that is threatening fish populations and the rich biodiversity of the area, politicians and environmentalists have claimed.

The “Blue Hole”, a stretch of the south Atlantic Ocean lying approximately 200 miles off the coast of Argentina and north of the Falkland Islands, is one of the only areas of sea that is not covered by a regional fishing agreement.

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Australia Market Roundup: Australia losing momentum in hydrogen development, ACCU issuance slumps

Carbon Pulse - Mon, 2024-02-19 15:58
The head of an Australian energy gentailer is unsure whether a newly-opened gas-fired power station will be able to meet its target to partially run off green hydrogen by 2025 due to a lack of supply.
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Big oil pockets hundreds of billions from energy sales since Ukraine invasion

Carbon Pulse - Mon, 2024-02-19 15:00
The profits of the big five Western oil majors have reached nearly $300 billion since Russia invaded Ukraine two years ago, according to analysis from an NGO.
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Japan, Ukraine to trade Paris-aligned carbon credits under JCM

Carbon Pulse - Mon, 2024-02-19 14:33
Ukraine has become the 29th country to sign up to Japan’s Joint Crediting Mechanism (JCM), in the hope of generating carbon credits aligned with the Paris Agreement.
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Scientists shocked to discover new species of green anaconda, the world’s biggest snake

The Conversation - Mon, 2024-02-19 13:46
Green anacondas are the world’s heaviest snakes, and among the longest. it’s remarkable this hidden species has slipped under the radar until now. Bryan G. Fry, Professor of Toxicology, School of the Environment, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Right to roam countryside 'closed off' to walkers

BBC - Mon, 2024-02-19 13:33
Right to roam campaigners say hundreds of "open country" locations are inaccessible to the public.
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PREVIEW: Upcoming Supreme Court case could stifle US federal environmental efforts, experts say

Carbon Pulse - Mon, 2024-02-19 11:00
An unprecedented US Supreme Court hearing on Feb. 21 could open the door for challengers of federal environmental policies to effectively halt the implementation of regulations while those policies are being litigated, legal experts warn.
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