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VCMI chair sees alignment building as standards aim to end carbon credit confusion

Carbon Pulse - Fri, 2023-06-09 02:55
The voluntary carbon market is showing more alignment on integrity principles, according to the head of the demand-side Voluntary Carbon Market Integrity initiative (VCMI), eyeing a time soon when firms will make claims approved by his initiative via credit purchases tagged with a supply-side integrity label.
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Switzerland schedules first ETS carbon unit auction for 2023

Carbon Pulse - Fri, 2023-06-09 02:28
Switzerland will hold its first auction for 2023 carbon permits between Sep. 11 and 13, it announced Thursday.
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Major investors launch new agri-tech startup aimed at turning Asian rice into carbon credits

Carbon Pulse - Fri, 2023-06-09 02:06
A group of major investors has teamed up to launch a new agri-tech startup aimed at decarbonising rice cultivation in Asia via the voluntary carbon market.
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UK ETS reform could take market out of its current policy void, macro weakness -analysts

Carbon Pulse - Fri, 2023-06-09 01:33
The UK emissions market has traded at a discount to the EU ETS since the end of 2022 amid a lack of policy certainty and falling emissions from the power sector, but reforms to the British cap-and-trade system could put the market back on a bullish trajectory, analysts said on Thursday.
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Wave of new insurance products target biggest risks to voluntary carbon market

Carbon Pulse - Fri, 2023-06-09 01:17
Both emerging startups and traditional institutions are stepping up to insure carbon credit investments, a panel heard on Thursday, with these insurers noting their role in guarding against many different types of risks that may deter market scale.
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Activists take Canada’s environment minister to court in fight to save northern spotted owl

The Guardian - Fri, 2023-06-09 01:15

Advocacy group says continued destruction of critical habitat leaves it no choice but to take legal action against Steven Guilbeault

Environmental groups in Canada are taking legal action against the country’s environment minister, arguing his delay in protecting old growth forest is harming the critically endangered northern spotted owl.

In February, Steven Guilbeault said he would recommend an emergency order after determining the species was facing “imminent threats” to its survival.

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Britain is not ready for reintroduction of lynx and wolves, says Ray Mears

The Guardian - Fri, 2023-06-09 00:54

Better management of existing apex predators and compensation schemes for farmers and gamekeepers needed, broadcaster says

Lynx and wolves are likely to become feared and hated if they are reintroduced into Britain’s forests, the adventurer and broadcaster Ray Mears has warned.

Speaking at Cheltenham science festival, he said Britain was not ready for such rewilding schemes, despite the potential ecological benefits.

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Global investor engagement initiative announces updates for new phase to drive climate action

Carbon Pulse - Fri, 2023-06-09 00:00
The world's largest investor engagement initiative on climate change has announced a second phase to run until 2030, with the primary focus shifting from corporate disclosure to the implementation of climate transition plans.
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Burned to the Ground: the Canadian village incinerated by record temperatures

The Guardian - Fri, 2023-06-09 00:00

The small village of Lytton in British Columbia hit the global media when it smashed Canada's highest temperature record in June 2021, at 49.6C. Two days later, a wildfire burned the entire village to the ground. In the ashes of their homes, this cohesive but diverse community, which includes a majority of First Nations people, had to confront the realities of climate displacement by being relocated away from their ancestral lands. Through the stories of three residents we find a community searching for answers while relying on a collective spirit to heal

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Army of fake social media accounts defend UAE presidency of climate summit

The Guardian - Thu, 2023-06-08 23:44

Sultan Al Jaber – Cop28 president and CEO of state oil firm – is ‘ally the climate movement needs’, posts say

An army of fake social media accounts on Twitter and the blogging site Medium have been promoting and defending the controversial hosting of a UN climate summit by the United Arab Emirates.

The president of the Cop28 climate talks is Sultan Al Jaber, who is also the chief executive of the state oil giant Adnoc, which has major net zero-busting expansion plans.

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Reforestation Carbon Analyst, The Climate Trust – Remote

Carbon Pulse - Thu, 2023-06-08 23:04
The Reforestation Carbon Analyst will be working under the Reforestation Manager to provide technical expertise to support The Climate Trust’s nascent reforestation program, which has been selected for a $15 million USDA Partnerships for Climate Smart Commodities Grant. This position will conduct forestry and financial analysis to develop project feasibility studies, conduct carbon monitoring and verification of projects, provide planting design and implementation, and support grant and project reporting.
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El Niño planet-warming weather phase has begun

BBC - Thu, 2023-06-08 23:01
Storms, droughts and record high temperatures lie ahead as US scientists confirm that El Niño has arrived.
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Reforestation Project Manager, The Climate Trust – Remote (US South/Southeast)

Carbon Pulse - Thu, 2023-06-08 23:00
The Reforestation Project Manager will lead The Climate Trust’s southeast reforestation program, which is part of a nationwide program that has been awarded a $15 million USDA Partnerships for Climate Smart Commodities Grant. This position will lead recruitment, implementation, development, and ongoing management of reforestation carbon projects with focus on the southeast region.
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Climate crisis leading to more turbulence during flights, says study

The Guardian - Thu, 2023-06-08 23:00

Researchers say bumpier air travel is driving up costs and increasing the risks for passengers and crew

The climate crisis is leading to more turbulence during flights, driving up costs and increasing the risks for passengers and crew, according to new research.

The study found that warmer air, caused by carbon emissions, is creating bumpier flights around the world with severe turbulence in the North Atlantic up by 55% since 1979.

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Caroline Lucas was the best PM Britain never had – but she’s shown us how to fix our politics | Neal Lawson

The Guardian - Thu, 2023-06-08 23:00

The Green MP for Brighton Pavilion is leaving Westminster. It’s a sign that change will only come to a broken system from outside

With our forlorn sense that politics isn’t working and that democracy is broken, as we feel the impacts of both climate change and the decision to leave the European Union in real time, the symbolic answer to our political crisis was always staring us in the face. It was Caroline Lucas, the best prime minister we never had – and, now that she is standing down from her Brighton Pavilion seat, we will never get.

In her bold but gentle way, Lucas embodied the fact that politicians and politics could be better. Not perfect, but good enough. Good enough to know that meaningful change needs a vision of a good society to compel it, alongside bold enough policies and strong enough alliances to get us there.

Neal Lawson is director of the cross-party campaign organisation Compass

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“Not flower power”: ECB defends focus on economic threats from biodiversity loss

Carbon Pulse - Thu, 2023-06-08 22:46
An executive board member of the European Central Bank (ECB) has defended the institution's exploration of the economic impacts of biodiversity loss, arguing that understanding the threats is critical for the economy and “not some kind of flower power” exercise.
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Singapore investor lines up deal for Ghana nature carbon project, eyeing ITMO trade

Carbon Pulse - Thu, 2023-06-08 22:42
The low-carbon business unit of the Singaporean government’s investment company is lining up a deal to invest in a nature restoration project in Ghana that it hopes can ultimately supply Singapore with correspondingly-adjusted carbon credits to help meet the nation’s Paris Agreement emissions pledge.
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UK-based green hydrogen electrolyser startup raises £5 mln in seed round

Carbon Pulse - Thu, 2023-06-08 21:58
A UK-based hydrogen electrolyser developer has successfully closed an oversubscribed £5-million seed funding round, it announced Wednesday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-06-08 21:37
European carbon prices jumped as much as 1.5% on Wednesday morning to their highest in more than two weeks as the market targeted a key technical level, gaining support from a nearly 12% jump in natural gas prices.
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World’s largest companies show limited progress towards Paris Agreement’s 1.5C goal, research finds

Carbon Pulse - Thu, 2023-06-08 21:26
Global large- and mega-cap firms have shown minimal progress towards meeting the Paris Agreement's climate goal of limiting global warming to 1.5C by 2050, according to new research.
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