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PCX releases updated plastic credit standard, mandates third-party verification

Carbon Pulse - Wed, 2024-06-05 12:00
Philippines-headquartered credit standard PCX Solutions has released an updated version of its plastic credit programme, formally mandating third-party verification and ruling out landfill activities of eligible projects.
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PREVIEW: Traders largely expect Q2 Washington carbon permit auction to clear near floor

Carbon Pulse - Wed, 2024-06-05 11:21
Traders anticipate Washington’s upcoming second quarter current vintage auction to clear near the scheme's floor and well below front-month futures prices, expecting the sale to sell all permits despite the looming possibility of the carbon market’s repeal.
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Bad weather, hills and the dark deter cyclists, particularly women. So what can we do about it?

The Conversation - Wed, 2024-06-05 11:15
Male cyclists greatly outnumber female cyclists in Australia. New research points to ways to close the gap. Richard Bean, Research Fellow, School of Information Technology and Electrical Engineering, The University of Queensland Dorina Pojani, Associate Professor in Urban Planning, The University of Queensland Jonathan Corcoran, Professor, School of the Environment, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Pollination launches A$150-mln Australian-focused climate and nature fund

Carbon Pulse - Wed, 2024-06-05 10:35
Investment and advisory firm Pollination has launched a venture capital fund it says will drive new investment into Australian climate and nature technology and solutions.
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PREVIEW: Market expects record RGGI Q2 auction clear, but still at discount to front-month futures

Carbon Pulse - Wed, 2024-06-05 09:13
Market participants expect the second RGGI auction of the year to set another historic clearance price, albeit at a discount to secondary market valuations, with many traders projecting a wide range of outcomes in light of regulatory uncertainty in the market.
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Australia wants to become a renewable energy superpower. Can it?

BBC - Wed, 2024-06-05 09:10
The country has come up with an ambitious plan to become the engine room of the new green economy.
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A fifth of Japan’s market capitalisation exposed to nature-related risks, study says

Carbon Pulse - Wed, 2024-06-05 09:01
Nearly 20% of Japan's market capitalisation is highly dependent on nature, with the energy, food, beverage, and tobacco sectors facing the highest risks, a study has found.
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Groundwater is heating up, threatening life below and above the surface

The Conversation - Wed, 2024-06-05 06:07
Groundwater is the largest source of unfrozen freshwater on the planet. Even though it’s underground, climate change is heating this reservoir up. Gabriel C Rau, Lecturer in Hydrogeology, School of Environmental and Life Sciences, University of Newcastle Barret Kurylyk, Associate Professor and Canada Research Chair in Coastal Water Resources, Dalhousie University Dylan Irvine, Outstanding Future Researcher - Northern Water Futures, Charles Darwin University Susanne Benz, Freigeist Fellow, Institute of Photogrammetry and Remote Sensing (IPF), Karlsruhe Institute of Technology Licensed as Creative Commons – attribution, no derivatives.
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Integrate carbon removals into compliance markets to scale demand -Oxford

Carbon Pulse - Wed, 2024-06-05 05:05
More robust policy to support carbon removals (CDR) and integration into compliance markets will be needed to boost demand to the levels needed to meet the Paris Agreement goal, say University of Oxford scientists.
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European energy firm pre-buys 5 mln nature based carbon credits from platform

Carbon Pulse - Wed, 2024-06-05 05:02
A European energy company has bought 5 million nature-based credits from a climate finance company in a bid to lock in fixed prices across the 2030s, according to a release Tuesday.
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By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

The Conversation - Wed, 2024-06-05 04:51
Shane Jones’ draft mining strategy is politically divisive. But New Zealand must face the practical and ethical implications of its own reliance on the critical minerals extracted elsewhere. Martin Brook, Associate Professor of Applied Geology, University of Auckland, Waipapa Taumata Rau Licensed as Creative Commons – attribution, no derivatives.
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LATAM debuts homegrown measures to spur carbon markets in 2024

Carbon Pulse - Wed, 2024-06-05 04:48
Latin American governments are looking inward, developing domestic carbon pricing instruments in 2024, in hopes of kickstarting market development where international actors have failed, according to regional experts speaking Tuesday at the Argentina Carbon Forum in Buenos Aires.
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Carbon capture firm unveils new technology in bid to slash costs 50% by 2030

Carbon Pulse - Wed, 2024-06-05 04:19
A direct air capture (DAC) company has unveiled a new iteration of its technology as it aims to scale carbon removal capacity globally and slash costs, also announcing that Australia represented its 'next frontier' as it signalled investment interest in the country.
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Oceans face ‘triple threat’ of extreme heat, oxygen loss and acidification

The Guardian - Wed, 2024-06-05 03:03

Third of world’s ocean surface particularly vulnerable to threats driven by burning fossil fuel and deforestation, new research finds

The world’s oceans are facing a “triple threat” of extreme heating, a loss of oxygen and acidification, with extreme conditions becoming far more intense in recent decades and placing enormous stress upon the planet’s panoply of marine life, new research has found.

About a fifth of the world’s ocean surface is particularly vulnerable to the three threats hitting at once, spurred by human activity such as the burning of fossil fuels and deforestation, the study found. In the top 300 meters of affected ocean, these compound events now last three times longer and are six times more intense than they were in the early 1960s, the research states.

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Carbon markets could unlock private green finance, but greater integrity needed

Carbon Pulse - Wed, 2024-06-05 01:54
The perception of risk remains a significant roadblock to scaling private climate finance - especially in developing countries - but stronger policies and international standards for carbon pricing would help to unlock bigger and faster flows, a conference heard.
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Record number of companies set to release data on climate disclosure platform

Carbon Pulse - Wed, 2024-06-05 01:14
A record number of companies are expected to release their data on a new climate disclosure platform, which has been designed to simplify corporate sustainability reporting and aid firms in aligning with emerging global standards.
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SBTN flags challenges with setting nature-based targets for cities

Carbon Pulse - Wed, 2024-06-05 01:07
The Science Based Targets Network (SBTN) highlighted challenges in its development of nature-based targets for cities including skills, data, and geographical differences on Tuesday.
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