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California watchdog expedites annual report in anticipation of cap-and-trade programme reauthorisation talks

Carbon Pulse - Thu, 2024-10-17 13:19
California’s carbon market watchdog targets an early-2025 publication of its 2024 annual report in tandem with expected conversations in the state legislature regarding extension of the WCI cap-and-trade programme, committee members discussed Wednesday.
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Greater gliders risk being wiped out after drastically undercounted government survey, campaigners say

The Guardian - Thu, 2024-10-17 13:12

Forest Alliance of NSW report says current regulations are a ‘licence to kill’ endangered species in four state forests where logging is scheduled

Forest campaigners are demanding an immediate moratorium on logging in endangered greater glider habitat in New South Wales after their surveys detected more than triple the number of gliders than what was recorded by the state-owned forestry agency.

The Forest Alliance of NSW said current regulations are a “licence to kill” the species, whose populations have already plummeted in the aftermath of the black summer bushfires.

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New Zealand will have to plant out and cut emissions “hugely” to achieve its climate targets, panel hears

Carbon Pulse - Thu, 2024-10-17 13:08
New Zealand is likely to be severely short on NZUs after 2030 unless emissions start to rapidly decline, a forestry expert told a panel discussion Wednesday.
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US conservation groups sue to stop TVA natural gas plant replacing retiring coal

Carbon Pulse - Thu, 2024-10-17 10:32
A group of conservation organisations have filed a suit against the Tennessee Valley Authority (TVA), asking a federal court to halt efforts by the nation's largest public utility to replace a retiring coal installation with a natural gas-fired power plant.
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Experts forecast ‘convergence’ between VCM and government regulation

Carbon Pulse - Thu, 2024-10-17 08:58
The voluntary carbon market (VCM) will continue attracting adjacent government regulations related to credit transparency and trading behaviour without fully regulating the market, offset experts said during a Wednesday webinar.
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INTERVIEW: Canadian firm plans to expand EV aggregator tool to US jurisdictions

Carbon Pulse - Thu, 2024-10-17 08:44
A Canadian advisory firm intends to roll out its tech solution that monetises EV credits earned through the country’s nascent Clean Fuels Regulations (CFR) to US jurisdictions with existing and planned electrification programmes.
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SCOTUS denies emergency stay of power plant emissions standards

Carbon Pulse - Thu, 2024-10-17 08:44
The US Supreme Court issued a decision on Wednesday denying the applications of Republican states, power companies, and industry groups to stay federal laws restricting CO2 emissions from power plants.
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River restoration could boost carbon storage, but offsets shouldn’t flow for now -researchers

Carbon Pulse - Thu, 2024-10-17 08:21
River restoration can increase storage of CO2 but it is not yet a viable option for generation carbon credits due to significant uncertainties around measuring and maintaining carbon levels in dynamic river ecosystems, a new study has warned.
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Global water crisis leaves half of world food production at risk in next 25 years

The Guardian - Thu, 2024-10-17 08:01

Landmark review says urgent action needed to conserve resources and save ecosystems that supply fresh water

More than half the world’s food production will be at risk of failure within the next 25 years as a rapidly accelerating water crisis grips the planet, unless urgent action is taken to conserve water resources and end the destruction of the ecosystems on which our fresh water depends, experts have warned in a landmark review.

Half the world’s population already faces water scarcity, and that number is set to rise as the climate crisis worsens, according to a report from the Global Commission on the Economics of Water published on Thursday.

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More than half of EU’s big emitting installations no longer participate in ETS, study finds

Carbon Pulse - Thu, 2024-10-17 07:48
Around 35% of installations have exited the EU ETS since its inception, while a further 16% have stopped operating, according to a new analysis.
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Wood density an overlooked factor in calculating forest carbon stocks -study

Carbon Pulse - Thu, 2024-10-17 07:27
Temperature and soil moisture play a critical role in shaping the wood density of trees, which in turn acts as key factor in determining forest carbon stocks, a new study has found.
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US supreme court declines to pause new federal power plant emissions rule

The Guardian - Thu, 2024-10-17 06:25

Emergency requests by 27 states to pause rule requiring fossil fuel-powered plants to reduce emissions were denied

The US supreme court declined on Wednesday to put on hold a new federal rule targeting carbon pollution from coal- and gas-fired power plants at the request of numerous states and industry groups in another major challenge to Joe Biden’s efforts to combat the climate crisis.

The justices denied emergency requests by West Virginia, Indiana and 25 other states – most of them Republican-led – as well as power companies and industry associations, to halt the Environmental Protection Agency (EPA) rule while litigation continues in a lower court. The regulation, aimed at cutting greenhouse gas emissions that drive the climate crisis, took effect on 8 July.

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Promising new carbon capture solvent to undergo testing at world’s largest facility

Carbon Pulse - Thu, 2024-10-17 06:05
An advanced carbon capture solvent that absorbs up to 95% of CO2 emissions from industrial processes is set to undergo engineering-scale testing in Norway this October.
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