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Germany seeks cancellation of spare EU carbon permits freed up by coal exit -media

Carbon Pulse - Fri, 2024-02-16 01:00
EU carbon allowances that are no longer needed by German coal power plants being retired as part of a state-enforced coal exit are to be permanently removed from the market, the government told a media source.
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Mexico strengthens ties with local communities to ramp up voluntary land conservation

Carbon Pulse - Thu, 2024-02-15 23:04
The Mexican federal environment agency has worked with local communities to expand its programme for voluntary land conservation to protect more than 1.5 million hectares in total.
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Carbon intensity, not colour, will determine future of low-carbon hydrogen -report

Carbon Pulse - Thu, 2024-02-15 22:56
There needs to be a better understanding of the global value chain of hydrogen production and governments must make regulations based on its carbon intensity rather than colour, a report by an energy consultancy said Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-02-15 22:41
European carbon prices rose for a second day on Thursday as short-covering bolstered the market despite lingering bearish overall sentiment, while the wider energy complex snapped a six-day losing streak after the EU said it would not look to extend agreements to transship Russian gas through Ukraine.
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US stingray falls pregnant despite having no mate

BBC - Thu, 2024-02-15 22:02
A stingray called Charlotte is pregnant despite having no mate, in a suspected case of parthenogenesis.
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Carbon removal credits trade on CBL platform for first time

Carbon Pulse - Thu, 2024-02-15 21:44
Durable carbon dioxide removal (CDR) credits have traded on the CBL exchange for the first time, marking a milestone in the nascent sector’s evolution into the mainstream voluntary market.
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Bank-backed voluntary carbon network appoints former BP chief as chair

Carbon Pulse - Thu, 2024-02-15 21:42
A voluntary carbon credit transaction network developed by several global banks has this week appointed the former head of oil major BP as its chairman.
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UN migratory species meeting announces global habitat connectivity initiative

Carbon Pulse - Thu, 2024-02-15 20:17
A global initiative to identify, protect, and connect areas critical to migratory species has been launched at the ongoing 14th Conference of the Parties to the Convention on the Conservation of Migratory Species (CMS) in Samarkand, Uzbekistan.
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Voluntary carbon standard to explore mining sector potential for permanent removals

Carbon Pulse - Thu, 2024-02-15 19:02
A voluntary carbon market standard and registry has launched an initiative to explore opportunities for removals projects in the mining sector with a focus on mineralisation and enhanced rock weathering activities.
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Why is Labour still using the self-defeating, discredited ‘maxed out credit card’ analogy? | Yanis Varoufakis

The Guardian - Thu, 2024-02-15 19:00

It is one thing to U-turn on a modest green transition programme. It is another to do so using mendacious Tory economic paradigms

Rarely has a lacklustre policy been abandoned for a reason so bad that it threatens to inflict long-term damage on a society. Independently of whether the £28bn green investment programme was the right policy for the next Labour government to commit to, Rachel Reeves’s reasons for ditching it were an undeserved gift to the Tories and a partial vindication of their disgraceful flirtations with an austerian, anti-green political narrative.

Speaking on BBC Radio 4’s Today shortly after her U-turn on Labour’s headline £28bn green transition programme, the shadow chancellor explained her decision by claiming that, under Jeremy Hunt, the Treasury is “planning on maxing out the credit card”, adding for good effect that the Tories are “maxing out the headroom ahead of the next general election” thus limiting “what an incoming Labour government will be able to achieve”. By comparing the state’s coffers to an overladen credit card, Reeves endorsed an insidious fallacy.

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US spacecraft blasts off towards Moon's south pole

BBC - Thu, 2024-02-15 18:43
If the Odysseus craft lands safely it would be the first private mission to successfully land on the Moon.
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What will Spain look like when it runs out of water? Barcelona is giving us a glimpse | María Ramírez

The Guardian - Thu, 2024-02-15 17:00

Angry farmers, worried tourism workers and unprepared politicians – Catalonia is on the frontline of a drought-stricken future

Walking through Barcelona these days, you can’t miss the signs and billboards picturing a red plastic bucket and the message “Water doesn’t fall from the sky” (l’aigua no cau del cel in Catalan). The ads are part of a campaign to get people to save water. Since the beginning of February, Barcelona and 200 other towns in Catalonia have been in an official drought emergency. That means more than 6 million people in the region live with restrictions. Daily water usage per inhabitant is limited. Parks are unwatered, fountains are dry and showers at swimming pools and beaches are closed. Farmers can’t irrigate most of their crops and must halve their water usage for livestock or face fines.

It’s not just Catalonia. The European Drought Observatory’s map of current droughts in Europe shows the entire Spanish Mediterranean coast in bad shape, with red areas indicating an alert similar to those in north Africa and Sicily. Catalonia may be going through the worst drought on record for the area, but the southern region of Andalucía has faced continuous drought since 2016. Last year, Spain’s droughts ranked among the 10 most costly climate disasters in the world, according to a report by Christian Aid.

María Ramírez is a journalist and deputy managing editor of elDiario.es, a news outlet in Spain

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Japanese exchange operator taps into Vietnam carbon market

Carbon Pulse - Thu, 2024-02-15 15:24
A Japanese carbon marketplace operator has secured a strategic partnership with one of the largest IT companies in Vietnam as its latest foray into the Southeast Asian market.
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Lift-off! Private company launches for the Moon in Florida

BBC - Thu, 2024-02-15 15:05
If all goes well, it would mark the first time a private firm has successfully landed a spacecraft on the Moon.
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Stringent maritime targets urgently needed to align with IMO strategy -report

Carbon Pulse - Thu, 2024-02-15 15:01
International shipping targets would need to be "very stringent right from the start", to align with the International Maritime Organisation (IMO) strategy and reach net-zero emissions by 2050, according to a report released Thursday.
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Future JETPs need greater coordination and more finance to be scalable, say NGOs

Carbon Pulse - Thu, 2024-02-15 15:00
The current model of just energy transition partnerships (JETPs) to help developing countries decarbonise is not working, and an improved model should be created, according to a paper published Thursday by philanthropic and environmentalist NGOs.
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Japanese shipping firm completes blockchain-backed insetting pilot

Carbon Pulse - Thu, 2024-02-15 12:36
A Japanese shipping giant has carried out an insetting pilot featuring the tokenisation of emissions reductions as part of a broader target to decarbonise its supply chain, it announced Thursday.
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