Around The Web

Improvements need to be made in the precise quantification of different organic carbon (OC) sources in mangrove sediments to ensure proper allocation of blue carbon credits, a new study argues.

Carbon emissions from forest fires have risen by 60% over the past two decades, driven largely by climate change and the heightened sensitivity of temperate and boreal forest fire regimes, according to a new study.

Austria's National Energy and Climate Plan (NECP) still has room for improvement, particularly when it comes to provisions aimed at alleviating the social impact of carbon pricing policies on households, according to recommendations published on Friday by the European Commission.

Global CO2 emissions from forest fires have increased 60% since 2001, according to research published Friday.

Leveraging future EU ETS revenues, de-risking low-carbon investments, and advancing CBAM should all be part of an EU Clean Industrial Deal, the former chair of the European Parliament’s environment committee told an industry event this week, pointing at potential compromise in the EU.

An environmental law charity has filed a complaint to the French financial regulator over allegations that an asset manager’s so-called "sustainable" funds are in fact funding fossil fuels.

Colombia is hosting talks to assess global progress in protecting 30% of all land and water by 2030.

Colombia is hosting talks to assess global progress in protecting 30% of all land and water by 2030.

Net-zero efforts are currently undermined by the large array of carbon accounting systems available, a research paper has suggested.

Developing a carbon capture, utilisation and storage (CCUS) industry in the UK that can sustain itself without government support and attract CO2 imports from Europe will require de-risking the value chain and transition finance, experts said on Friday.

A carbon registry has updated its high integrity carbon standard and more closely aligned its programme with CORSIA and ICROA, it announced on Friday.

Bankers want regulators to set standards for the emerging carbon removals market, saying this is the only way to create the trust necessary to generate liquidity and unleash investments in the nascent industry.

A global non-profit has warned that the voluntary biodiversity market could be a big distraction for governments during the upcoming COP16 UN biodiversity summit, as global leaders need to prioritise public commitments to plug the financial gap on nature.

Only deep, sector-wide emissions cuts in the buildings sector can keep global warming within safe limits, a webinar hosted by the Science Based Targets initiative (SBTi) heard on Thursday.

Japanese tech firm Panasonic will launch a programme-based project on Monday that will generate J-Credits for Japan's domestic carbon offset scheme by applying energy-efficient air conditioning in private households.

Government accused of ‘shocking’ choice to dilute protection standards in first animal welfare policy

Labour is using its first animal welfare policy since entering government to dilute standards by legalising the harmful practice of carrying chickens by their legs, charities have said.

European transport regulation 1/2005, which still applies in the UK, prohibits lifting chickens by their legs on farms and during loading and unloading, but the government is going to change the law to permit the widespread but illegal method, according to the Animal Law Foundation.

Continue reading...

Ed Miliband seems happy to see the landscape blighted. We value townscape – everywhere else has to fend for itself

Does Labour believe in beauty? The energy secretary, Ed Miliband, celebrated his arrival in office this summer by permitting three of the largest solar panel arrays in Britain. One, a Suffolk array covering nearly 2,800 acres, was described by a county councillor as “the poorest infrastructure application that I have ever dealt with”.

Now Miliband is demanding a procession of pylons filling the glorious Amber Valley in the Derbyshire uplands. Another parade of 420 pylons, each nearly as tall as Nelson’s column, will run down the east of England from Grimsby to Walpole, near King’s Lynn in Norfolk. The government also wants to allow the return of onshore wind turbines, overriding local objections.

Simon Jenkins is a Guardian columnist

Continue reading...

EU Allowance prices extended their weakness for a fourth session as the week neared its end, falling in line with weakening natural gas prices as geopolitical tensions appeared to be easing, while bearish positioned traders continued to pressure the carbon market.

Prices in China's national emissions market hit a record high over the past week, as the market continued to gain momentum amid growing compliance demand. 

The biodiversity credit space in Africa could evolve from a small-scale market to a 'nature economy superpower' if clear regulations and fair prices are implemented, as progress in monitoring and transparency are proving the continent's potential, a Swiss-headquartered non-profit said.