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Germany sees 28% drop in ETS auction revenues in 2024 despite “robust” primary demand -report

Carbon Pulse - 3 hours 38 min ago
Germany raised over €5.5 billion from EU carbon allowance auctions for stationary installations and aviation last year, its ETS authority said in an annual report published Monday, amid robust primary demand.
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Economy-wide carbon pricing most efficient, economical route to net zero, UK experts say

Carbon Pulse - 3 hours 52 min ago
Economy-wide carbon pricing, including carbon border adjustment mechanisms, presents the most efficient and economical way of reaching net zero, according to analysis recorded by the UK’s House of Lords upper parliamentary chamber.
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How to fight a fascist state – what I learned from a second world war briefing for secret agents | Zoe Williams

The Guardian - 4 hours 2 min ago

You can forget the advice on disguises, secret codes and spreading propaganda by dropping leaflets in train carriages. But there is something for us all here about the need for action

The SOE Syllabus was a series of lectures given to prospective secret agents in Britain during the second world war. These “lessons in ungentlemanly warfare” were released from the top secret bit of the Public Record Office (now known as the National Archive) and published as a historical curio in 2001, when my esteemed colleague John Crace picked out the sillier bits in one of his Digested Read reviews. There was a whole lecture about how to craft a disguise, in which people with sticky-out ears were advised to use glue to pin them back.

But now, 24 years later, I have picked up the book with a graver purpose – just on the off-chance that if we end up having to resist a fascist state, the past might have something to offer. They won’t know everything, these ungentlemanly gentlemen, being as they didn’t have the internet. But they can’t have known nothing.

Zoe Williams is a Guardian columnist

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VCM Report: CORSIA carbon market still “frozen” despite long-term outlook, March sees retirements slump

Carbon Pulse - 4 hours 13 min ago
The CORSIA Phase 1 carbon market remains stuck in a "wait-and-see" stance, with existing standardised contracts failing to move over the past week despite fresh, strong demand projections, and new CBL spot products announced for an April launch.
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Italian non-profit seeks feedback on biodiversity credit framework

Carbon Pulse - Mon, 2025-03-31 23:35
An Italian non-profit is seeking feedback on a framework for voluntary biodiversity credits, aiming to establish criteria for companies implementing nature restoration projects.
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Cleaner iron making could cut billions of tonnes of carbon in Asia, researchers say

Carbon Pulse - Mon, 2025-03-31 23:02
Switching from metallurgical coal-fired steel furnaces to using hot briquetted iron (HBI) made from green hydrogen could make huge cuts in steel sector emissions in Asia, but in order for nations to meet climate commitments they must halt the build of any new blast furnace-basic oxygen furnace (BF-BOF), researchers have said.
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Indian regulator allows embattled green credits for ESG

Carbon Pulse - Mon, 2025-03-31 22:08
India's securities regulator will allow listed companies to utilise green credits as part of its sustainability reporting requirements, even as the green crediting scheme has been taken to the Supreme Court over claims of harm to natural ecosystems.
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Logging is quietly ravaging US forests. Trump is taking an axe to protections

The Guardian - Mon, 2025-03-31 22:00

Unsustainable logging is one of the global north’s best-kept secrets. We’re running out of time to stop it

The world is running out of time to halt deforestation and forest degradation. Yet instead of stepping up, the United States is dismantling forest protections and undermining global progress – highlighting the dangers of global forest policy that fails to hold the wealthiest, most powerful countries accountable.

Unsustainable logging is one of the global north’s best-kept secrets. Each year, millions of acres of old-growth and primary forests across North America, Europe, and Australia are clearcut under the guise of “sustainable forest management”. International policy, by design, looks the other way, focusing attention instead on deforestation in the tropics. This double standard allows the world’s wealthiest nations to evade accountability for industrial logging’s catastrophic consequences.

Jennifer Skene is director of global northern forests policy for the Natural Resources Defense Council

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Carbon taxes can provide strong incentive to decarbonise buildings -report

Carbon Pulse - Mon, 2025-03-31 21:48
Carbon taxes that apply above a minimum level of operational performance can be a key driver of reducing building sector emissions, especially when accompanied by clear communication on performance, according to a new report by the World Business Council for Sustainable Development (WBCSD).
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2025-03-31 21:40
European carbon prices tumbled on Monday morning as a risk-off mood prevailed across markets amid the prospect of widespread US tariffs, leading to aggressive selling that pushed benchmark EUA prices to their lowest in three weeks, while participants readied themselves for the publication of verified emissions data for 2024 on Apr. 4.
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PREVIEW: Moment of truth for proposed GHG shipping levy as IMO member states gather in London

Carbon Pulse - Mon, 2025-03-31 21:27
The UN’s International Maritime Organization (IMO) is meeting over the next two weeks in London to decide whether to apply a global emissions levy to reach net zero shipping by 2050.
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UK launches review into greenhouse gas removals with carbon markets in focus

Carbon Pulse - Mon, 2025-03-31 20:46
The UK has launched a review into the potential role for greenhouse gas removals (GGR) in reaching its Paris Agreement and legally-binding net zero goals, also considering the role of international credits for offsetting residual emissions.
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Tokyo sets up fund to support nature, climate start-ups

Carbon Pulse - Mon, 2025-03-31 20:10
The Tokyo metropolitan government and two major financial companies have announced the first contributions to a fund targeting a total of 10 billion yen ($66.6 million) that seeks to support start-ups contributing to nature positivity, climate tech, or the circular economy.
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BRIEFING: EU “taking more time” with carbon storage in buildings methodology

Carbon Pulse - Mon, 2025-03-31 20:07
The European Commission needs more time to assess the carbon sequestration potential of construction materials used in new and renovated buildings before releasing a first draft methodology in the second half of this year, EU officials have said.
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French company accused of dumping toxins into Colombian wetlands

Carbon Pulse - Mon, 2025-03-31 18:59
NGO Global Witness has accused a France-headquartered waste management company of dumping pollutants into protected wetlands in Colombia, potentially harming wildlife and local communities.
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CBAM threatens $397/t penalty on Indian steel exports by 2034, says think-tank

Carbon Pulse - Mon, 2025-03-31 18:37
India's steel industry faces potential carbon levies of up to $397 per tonne by 2034 as the EU prepares to implement its Carbon Border Adjustment Mechanism (CBAM) next year, threatening the competitiveness of the world's second-largest steel producer in its key export market, according to a think-tank.
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Korean agency, securities firm partner to support international carbon projects

Carbon Pulse - Mon, 2025-03-31 17:49
State-funded Korean Trade-Investment Promotion Agency (KOTRA) has teamed up with a domestic securities firm to encourage the advancement of international greenhouse gas reduction projects.
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Changes to Australia’s Safeguard should be made in formal review, expert cautions

Carbon Pulse - Mon, 2025-03-31 17:20
Any future Australian government should hold off on making changes to the Safeguard Mechanism until the legislated review in 2026-27, when it can bee examined more holistically alongside other issues, according to an expert.
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Outback deluge pushes Queensland towns to the brink: ‘Out here it’s drought or floods’

The Guardian - Mon, 2025-03-31 17:09

Questions about funding and infrastructure as biggest flood since 1974 isolates towns and causes ‘soul-destroying’ stock losses

In the dusty Queensland channel country, those old enough to remember still talk about the 1974 outback floods. For more than 50 years that has been the ultimate measuring stick for every downpour or trickle to flow through the central desert towards Kati Thanda-Lake Eyre.

On Sunday, in the tiny town of Jundah, in the heart of Queensland’s outback, the flood waters in some places measured 50cm higher than in 1974. Most of the town (including the pub) is still inundated. Surrounding towns are cut-off and could be isolated for weeks.

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Spain’s wild horses in peril – in pictures

The Guardian - Mon, 2025-03-31 16:00

By grazing between trees and removing potential wildfire fuel, wild horses help protect Galicia’s delicate ecosystems, but Europe’s largest herd has declined to just 10,000

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