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Current reporting frameworks aid compliance, but prepare for evolving climate regulations -experts

Carbon Pulse - Wed, 2024-02-07 09:42
A discussion regarding the growing landscape of climate regulations around the world saw panelists consider the implications of the rise in mandatory disclosures, while experts laid out best practices for companies in a webinar on Tuesday.
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Unique tools used to monitor leakage from CO2 sequestered under US lake

Carbon Pulse - Wed, 2024-02-07 09:40
Scientists at a US university have deployed research buoys to independently monitor a carbon capture and storage (CCS) project that pumps CO2 under a lakebed, in an attempt to allay local opposition to the project.
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US carbon marketplace startup releases livelihood impact index for smallholder farmers

Carbon Pulse - Wed, 2024-02-07 09:30
A California-headquartered startup released Tuesday a methodology designed to measure the impact of carbon credit projects on the livelihoods of smallholder farmers.
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Voluntary carbon credits could near $250/t by 2050, as 2024 seen as ‘make or break’ year for market -analysts

Carbon Pulse - Wed, 2024-02-07 09:16
The voluntary carbon market is at a crossroads, with 2024 emerging as a crucial year that could either propel the market towards a valuation of over $1.1 trillion annually by mid-century or steer it towards its potential collapse.
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European fossil fuel electricity generation falls to record low in 2023 -report

Carbon Pulse - Wed, 2024-02-07 09:01
Renewable sources are increasingly forming the backbone of the EU power mix, with the region's fossil fuel electricity generation falling to record-low levels last year, according to a report published on Wednesday.
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Industry criticises proposed reporting rules under Massachusetts’ Clean Heat Standard

Carbon Pulse - Wed, 2024-02-07 07:19
Industry stakeholders criticised proposed amendments to reporting requirements under the state's draft Clean Heat Standard (CHS) framework in a webinar Tuesday, arguing they were overly burdensome on business.
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South Dakota House committee approves two carbon pipeline bills

Carbon Pulse - Wed, 2024-02-07 06:45
The two bills, approved Monday by the House Commerce and Energy Committee, establish protocols for landowners and carbon sequestration pipeline companies following the denial of permits to two CO2 pipelines by the state’s Public Utilities Commission (PUC) last year.
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EU co-legislators reach provisional deal on net zero industry act

Carbon Pulse - Wed, 2024-02-07 05:51
The European Commission, European Parliament, and Council of EU states reached a provisional political agreement on Tuesday to produce 40% of the bloc's annual needs for net zero technologies domestically by 2030, defining a list of strategic and clean manufactures on which to focus.
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Labor’s fuel-efficiency standards may settle the ute dispute – but there are still hazards on the road

The Conversation - Wed, 2024-02-07 05:08
The road to fuel-efficiency reform in Australia is a bumpy one – and the Albanese government has hazards to negotiate before its proposal becomes law. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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AI unlocks ancient text owned by Caesar's family

BBC - Wed, 2024-02-07 04:49
Students win a prize for using AI to reveal the contents of 2000-year-old text for the first time.
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BP’s new boss should be clearer on green strategy – fudging pleases no one | Nils Pratley

The Guardian - Wed, 2024-02-07 04:26

Shareholders on all sides want to know where the oil giant stands on renewables, yet Murray Auchincloss opts for ambiguity

If in doubt, throw cash at the shareholders. It’s a safe tactic for a new chief executive assailed on two sides by investors with conflicting grumbles. BP’s Murray Auchincloss seized his debut moment. There will be $3.5bn of share buy-backs in the first half of this year, accelerating to a total of $14bn by the end of next. The shares rose 5%. For a week or two, that might stop people pointing out how BP’s share price has lagged its peers’.

Yet shareholders of all hues – those who want to transition faster out of fossil fuels and those who can’t see the point – surely also wanted to hear a clear statement from Auchincloss on where he stands in the great debate. How will BP prioritise its spending of cash that isn’t going on buy-backs and dividends?

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EU Commission plans for 280 Mt of carbon capture by 2040

Carbon Pulse - Wed, 2024-02-07 04:19
Reducing the EU's emissions by 90% by 2040 will call for around 280 million tonnes of CO2 to be captured, the European Commission said on Tuesday in its first, long-awaited strategy for capturing, transporting, trading, permanently storing, and using carbon. 
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NextEra-backed carbon removals startup secures Series A funding

Carbon Pulse - Wed, 2024-02-07 04:07
A Los Angeles-based company developing hybrid direct air capture (HDAC) technology capable of capturing both carbon and water simultaneously has closed a Series A funding round, enabling it to grow its team and asset base.
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Brussels backs off agriculture emissions cuts in recommended 90% target for 2040

Carbon Pulse - Wed, 2024-02-07 03:39
The European Commission on Tuesday recommended that the EU aim to cut emissions by 90% by 2040, but backed away from contentious measures to decarbonise agriculture, as farmers protested on the doorstep of the European Parliament building where the announcement was made.
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Argentina’s new law to compromise glaciers, biodiversity -media

Carbon Pulse - Wed, 2024-02-07 03:21
The recently passed Omnibus Law, introduced by Argentina’s new president, would compromise glaciers and periglacial zones with strong repercussions for biodiversity, a scientist specialising in the subject told local media.
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Corporate climate disclosure on the rise, but few firms hitting top marks, finds report

Carbon Pulse - Wed, 2024-02-07 03:01
Just under 400 companies have been acknowledged as leaders in environmental disclosure, as part of an annual report from a non-profit, though very few made the top grade.
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EU Commission withdraws divisive pesticides bill

Carbon Pulse - Wed, 2024-02-07 02:57
The EU Commission is withdrawing a divisive bill that aimed to reduce the use of pesticides after months of delay, triggering calls for a new approach to tackling agricultural chemicals.
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After 38 attacks on art, climate protesters have fallen into big oil’s trap – it’s time to change tack | Giovanni Aloi

The Guardian - Wed, 2024-02-07 02:42

Repetition has blunted the art museum protests so much that the pumpkin soup assault on the Mona Lisa felt pathetic. More effective tactics are needed

How many of the 38 environmental protests staged in museums in 2022 can you remember? How many of the more recent ones only generated widespread outrage? Did any of them lead to tangible change? The protesters’ cause is serious, the threat is very real, the message is important and urgent. But is it not getting through to the public?

Sixty years ago, Andy Warhol’s Brillo Boxes and multiplied Marilyn Monroe screen-prints exposed modern repetition as an ideal of mindlessness – an inescapable capitalist pattern ingrained in the oversaturated modes of production and consumption that distract and overwhelm while nurturing an irreducible sense of modern apathy. How many times is too many? Repetition is a complex phenomenon: it can deepen or hollow out experiences depending on how it is deployed. Repeated ad libitum anything shocking quickly becomes commonplace. Aware of the risk, good artists try not to repeat themselves; instead they strive to constantly reinvent. From Friedrich Nietzsche to Søren Kierkegaard, Jean Baudrillard, Walter Benjamin, Mark Fisher, Frantz Fanon, Robert Hughes, and Amia Srinivasan, modern thinkers have dwelled extensively on the all-pervasive pacifying powers of unwitting repetitiveness. The shock of the new quickly melts into the air.

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‘Symbol of polarisation’: EU scraps plans to halve use of pesticides

The Guardian - Wed, 2024-02-07 02:18

Move is among bloc’s latest environmental concessions to farmers as protests continue across Europe

The European Commission is shelving plans to cut pesticide use and is taking the pressure off agriculture in its latest emissions recommendations, as farmers around Europe continue protests demanding higher prices for their products and an easing of EU environment rules.

The original proposal to halve chemical pesticide use in the EU by the end of the decade – part of the EU’s green transition – “has become a symbol of polarisation”, said the commission president, Ursula von der Leyen. She added that she would ask the commission to withdraw the proposal.

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Vattenfall reports drop in ETS-covered fossil generation in 2023

Carbon Pulse - Wed, 2024-02-07 01:27
Swedish state-owned utility Vattenfall reported a significant drop in generation from ETS-covered fossil power in 2023 in annual results on Tuesday, as well as a fall in profit due to sliding electricity prices during what it described as a "turbulent" year.
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