Around The Web

Queensland election signals both major parties accept pumped hydro and the renewable energy transition as inevitable

The Conversation - Fri, 2024-10-25 08:18
Pumped hydro and batteries can easily provide all the storage needed for 100% renewable electricity generation, eliminating the need for polluting gas power plants. Jamie Pittock, Professor, Fenner School of Environment & Society, Australian National University Andrew Blakers, Professor of Engineering, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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New Zealand updates industrial carbon allocation baselines, pushes tough calls to next year

Carbon Pulse - Fri, 2024-10-25 07:40
The New Zealand government on Friday updated the baselines for free allocation of permits to industrials for the first time since 2010, but postponed final decisions on the steel and aluminium sectors until April next year.
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Revised Cercarbono REDD methodology to incorporate jurisdictional, nesting needs

Carbon Pulse - Fri, 2024-10-25 07:40
Colombia-based international carbon standard Cercarbono is building compatibility with 'nesting' and jurisdictional REDD+ (J-REDD) into its forthcoming updated REDD+ methodology.
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Article 6 trades could begin flowing next year if COP29 can finalise rules -panel

Carbon Pulse - Fri, 2024-10-25 07:12
Stakeholders said Thursday that, if COP29 negotiations can iron out the remaining wrinkles around Article 6, carbon trading under the Paris Agreement may begin to pick up starting in 2025 or 2026.
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G20 task force elicits commitment by major economies to mobilise against climate change

Carbon Pulse - Fri, 2024-10-25 06:15
A Brazilian G20 presidency task force concluded its eight-month engagement Thursday with a political statement by members to take advanced actions in economic and financial systems to address climate change.
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COP16: NGOs file complaint to UNEP for backing TNFD

Carbon Pulse - Fri, 2024-10-25 05:30
A group of NGOs said Thursday they have filed a complaint to the UN Environmental Programme (UNEP), arguing that its backing of the Taskforce on Nature-related Financial Disclosures (TNFD) has undermined environmental stewards and rights holders.
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COP16: LATAM development bank invests in conservation via blockchain, biodiversity credits

Carbon Pulse - Fri, 2024-10-25 05:22
CAF, the Development Bank of Latin America and the Caribbean, will collaborate on a blockchain-based conservation instrument and support marine biodiversity credits in the region, it announced at COP16 on Thursday.
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Want genuine progress towards restoring nature? Follow these 4 steps

The Conversation - Fri, 2024-10-25 05:11
Bringing the natural world back from the brink is more urgent than ever. Nature-positive policies offers a way to do so – if done properly. Yi Fei Chung, PhD candidate in Environmental Policy, The University of Queensland Hannah Thomas, PhD candidate in Environmental Policy, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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COP16: More than half of organisations in survey say ready to enter biodiversity credit market

Carbon Pulse - Fri, 2024-10-25 04:14
A UN-backed organisation has conducted a survey on the demand for biodiversity credits, with over half of participants claiming to be highly confident in their ability to participate in the fledgling market.
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Canadian CDR firm secures $11.4 mln in Series A funding

Carbon Pulse - Fri, 2024-10-25 04:11
A Nova Scotia-based company that utilises ocean alkalinity enhancement (OAE) that aims to achieve CO2 removal (CDR) has completed a $11.35 million Series A funding round, according to a Thursday press release.
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COP16: Brazil’s mangrove carbon stock would be worth $8.7 bln as tradeable credits -study

Carbon Pulse - Fri, 2024-10-25 03:34
If the entirety of Brazil’s blue carbon stock from mangroves were converted into tradeable tonnes of carbon, its value would total billions, as per an NGO study launched Thursday at COP16 in Cali, Colombia.
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Azerbaijan’s climate leadership questioned over human rights, reliance on gas

Carbon Pulse - Fri, 2024-10-25 02:59
The European Parliament voted a resolution on Thursday questioning the choice of hosting the United Nation's upcoming COP29 climate summit in Azerbaijan, a country it accuses of human rights violations and whose revenues come chiefly from the extraction of natural gas.
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EU suggests accrediting specialised certification bodies for carbon removals

Carbon Pulse - Fri, 2024-10-25 02:24
The certification bodies that will issue carbon credits under the EU's new Carbon Removal and Carbon Farming (CRCF) regulation could be accredited for a specific type of removal, the European Commission suggested on Wednesday.
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Euro Markets: Short-covering extends to second day, fuelling 2.7% gain as technical levels fall

Carbon Pulse - Fri, 2024-10-25 02:17
European carbon prices advanced strongly for a second session on Thursday amid renewed short-covering in high volume, as the secondary market breached key technical levels and pulled energy prices higher, while UKAs ended their recent winning run.
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INTERVIEW: Real-time MRV promises greater transparency amid nature-based carbon credits scrutiny

Carbon Pulse - Fri, 2024-10-25 02:10
Real-time atmospheric monitoring, reporting, and verification (MRV) could help restore credibility to nature-based carbon projects, the CEO of a greenhouse gas monitoring firm told Carbon Pulse.
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Methodology rejections at ICVCM are ‘markers for change’, CEO says

Carbon Pulse - Fri, 2024-10-25 02:06
The rejection of methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM) is not a sign that they are not good, but that they need improvement as part of a collective process, the body's chief executive said on Thursday.
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Would abandoning hope help us to tackle the climate crisis?

The Guardian - Fri, 2024-10-25 01:35

Leaders are eager to fill us with positivity, but research shows people in distress are more likely to take collective action

If despair is the most unforgivable sin, then hope is surely the most abused virtue. That observation feels particularly apposite as we enter the Cop season, that time of United Nations megaconferences at the end of every year, when national leaders feel obliged to convince us the future will be better, despite growing evidence to the contrary.

Climate instability and nature extinction are making the Earth an uglier, riskier and more uncertain place, desiccating water supplies, driving up the price of food, displacing humans and non-humans, battering cities and ecosystems with ever fiercer storms, floods, heatwaves, droughts and forest fires. Still worse could be in store as we approach or pass a series of dangerous tipping points for Amazon rainforest dieback, ocean circulation breakdown, ice-cap collapse and other unimaginably horrible, but ever more possible, catastrophes.

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INTERVIEW: US carbon project intermediary adds first biochar project to portfolio

Carbon Pulse - Fri, 2024-10-25 01:00
A US-based voluntary carbon market intermediary has added the first biochar project to its portfolio amid growing interest in CO2 removal (CDR) credits, the firm told Carbon Pulse.
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Oil and gas exploration expected to rise despite COP28 commitments

Carbon Pulse - Fri, 2024-10-25 00:57
Oil and gas exploration licensing is set to surge despite COP28 pledge to phase out fossil fuels, according to a new report.
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‘It’s a big lever for change’: the radical contract protecting Hamburg’s green space

The Guardian - Fri, 2024-10-25 00:50

Citizen power forced Germany’s greenest city-state into a binding agreement balancing housing and nature

When Fritz Schumacher laid out his vision for Hamburg a century ago, the sketch looked more like a fern than a town plan. Fronds of urban development radiated from the centre to tickle the countryside, bristling with dense rows of housing. The white spaces in between were to be filled with parks and playgrounds.

Schumacher was Hamburg’s chief building officer in the early 20th century, and a pioneer of green cities with widespread access to nature. “Building sites emerge even if you don’t invest in them,” he warned in 1932. “Public spaces disappear if you don’t invest in them.”

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