Around The Web

New Zealand ministry urges new govt to make decision on ITMO arrangements, as Shaw proposes ETS bill

Carbon Pulse - Thu, 2024-02-01 13:38
A ministerial briefing to the incoming New Zealand government has warned that it will have to make key decisions around how to meet its international climate targets, including whether to prioritise domestic emissions reductions or rely on purchasing carbon credits offshore.
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CP Daily: Wednesday January 31, 2024

Carbon Pulse - Thu, 2024-02-01 12:16
A daily summary of our news plus bite-sized updates from around the world.
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RGGI emissions lower YoY in Q4, but not as much as prior quarters

Carbon Pulse - Thu, 2024-02-01 12:01
The US Northeast and Mid-Atlantic RGGI power sector cap-and-trade system saw year-over-year (YoY) declines in CO2 emissions in Q4 decelerate drastically compared to previous quarters in 2023, programme data showed Wednesday.
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California LCFS prices reel from record high quarterly net surplus build in Q3

Carbon Pulse - Thu, 2024-02-01 11:21
California Low Carbon Fuel Standard (LCFS) net credits hit a new record in the third quarter of 2023, coasting north of 2.2 million tonnes, with both total quarterly credits and deficits hitting new highs in programme history, according to state data published Wednesday, which sent secondary market prices lower on the day.
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Why don’t people care about Australia’s native rodents? The problem could be their ugly names

The Conversation - Thu, 2024-02-01 11:20
Native rats and mice don’t usually evoke sympathy among the Australian public. The common names for the species – such as swamp rat – do little to help. Steve Morton, Honorary Fellow, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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Nature-Based Solutions Analyst, Respira – London

Carbon Pulse - Thu, 2024-02-01 09:57
This exciting new role, positioned at the heart of Respira’s business, will be responsible for analysing, summarising and performing due diligence on Respira’s nature-based solutions investments. They will be a source of ongoing technical expertise for both Respira’s existing portfolio of projects, and the new projects being considered for investment.
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NZ has the energy resources to adopt alternative food technologies – it just needs a plan

The Conversation - Thu, 2024-02-01 08:31
Cultured meats, precision fermentation and other cutting-edge technologies are predicted to disrupt conventional agriculture. Despite the threat, New Zealand is well positioned to ride the wave. Ian Mason, Adjunct Senior Fellow in Renewable Energy Systems Engineering, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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John Podesta to succeed John Kerry as US climate envoy

Carbon Pulse - Thu, 2024-02-01 07:51
The present senior advisor on clean energy innovation and implementation at the White House, John Podesta, will assume the role of senior advisor to the President for international climate policy following John Kerry's departure, the Washington Post reported Wednesday.
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Voluntary market sees positive outlook for prices, some NBS though excess credits remain -analysts

Carbon Pulse - Thu, 2024-02-01 07:24
The voluntary carbon market (VCM) is experiencing increasing demand and will see a recovery in prices, including for some nature-based credits, although it still faces excess supply, limited alignment with integrity-boosting initiatives, and larger pools of older vintage units.
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Canadian carbon credit company signs MoU with algae, seaweed sequestration provider

Carbon Pulse - Thu, 2024-02-01 06:19
A Saskatchewan-based carbon credit origination and streaming company announced Wednesday the signing of a Memorandum of Understanding (MoU) with a company specialising in biosynthetic algae and seaweed carbon sequestration services for the generation of credits from the enhancement of agricultural soil.
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German nature agency concerned about biodiversity regulation

Carbon Pulse - Thu, 2024-02-01 06:02
The German government’s nature department would like to see regulation on biodiversity progress so that the financial sector is better equipped to tackle the emerging crisis.
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How the weird and wonderful microbes in wastewater can make our cities more sustainable

The Conversation - Thu, 2024-02-01 05:07
Much like our gut microbes, the community of microbes used to process human waste must be healthy to do the job well. Monitoring the DNA in waste sludge can help us ensure the system stays healthy. Christian Krohn, Postoctoral Researcher, School of Science, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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More than 65 countries sign up to global cooling pledge launched last month

Carbon Pulse - Thu, 2024-02-01 04:06
More than 65 countries are now signed up to the Global Cooling Pledge that launched at COP28 last month, but more research is needed to turbo-charge the delivery of cooling plans, advisors to the UK government, one of the initial signatories of the pledge, said on Wednesday.
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Drax powers up US BECCs ambition with woody biomass deal

Carbon Pulse - Thu, 2024-02-01 03:54
UK power company Drax Group has secured an option with Molpus Woodlands Group (Molpus) to buy up to 1 million tonnes of sustainably sourced woody biomass a year to fuel its bioenergy with carbon capture and storage (BECCS) operations in Southeastern US.
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Financial institutions should ‘go shopping’ for a data provider, TNFD exec says

Carbon Pulse - Thu, 2024-02-01 03:45
Financial institutions should not hide behind the lack of data and start relying immediately on external data providers to assess the impacts on nature across their value chain, a Taskforce on Nature Related Financial Disclosures (TNFD) official has said.
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‘Grossly irresponsible’: UK hands out 24 new North Sea oil and gas licences

The Guardian - Thu, 2024-02-01 03:21

The move to grant 17 companies the right to drill for fossil fuels is ‘a pipe dream’ that will do little for energy security, say environmentalists

Britain has handed major oil companies the right to drill for fossil fuels in 24 new licence areas across the North Sea as part of the government’s mission to extend the life of the ageing oil and gas basin.

The North Sea regulator said 17 oil companies, including Shell and BP, were granted licences in the Central North Sea, Northern North Sea and West of Shetland areas to “provide benefits to the local and wider economy”.

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