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California LCFS net credit generation, surplus bank post new records in Q3

Carbon Pulse - Wed, 2023-02-01 10:05
The amount of credits generated in California's Low Carbon Fuel Standard (LCFS) registered record levels in Q3, as substantial volumes of renewable diesel (RD), electricity, and renewable natural gas contrasted with declining diesel and gasoline volumes and raised the credit surplus bank to new all-time highs, according to government data published Tuesday.
Categories: Around The Web

RGGI 2022 emissions top prior-year levels, despite Q4 decrease

Carbon Pulse - Wed, 2023-02-01 09:27
RGGI-regulated power generators saw their total CO2 output for 2022 end slightly above year-ago levels, despite a small downturn occurring during the fourth quarter, according to official data updated Tuesday.
Categories: Around The Web

Startup wins funding to facilitate early-stage capital for nature carbon projects

Carbon Pulse - Wed, 2023-02-01 09:01
A German startup aiming to facilitate early-stage funding for natural capital projects has closed a pre-seed round to bring its financing platform to market, the company announced on Wednesday.
Categories: Around The Web

Ratings firm puts South Pole’s under-fire Kariba project on watch

Carbon Pulse - Wed, 2023-02-01 08:23
A rating agency has placed South Pole's Kariba REDD+ project on watch for a potential score change amid media reports of widespread over-crediting, with a slew of other projects also coming under scrutiny.
Categories: Around The Web

Biggest solar contractor suffers from crunched margins, but says costs are falling

RenewEconomy - Wed, 2023-02-01 07:51

Biggest solar contractor in Australia reveals more losses, and crunched margins, as it struggles to make any money out of its international portfolio.

The post Biggest solar contractor suffers from crunched margins, but says costs are falling appeared first on RenewEconomy.

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Green comet approaching Earth for first time in 50,000 years

BBC - Wed, 2023-02-01 07:44
Scientists say the bright green comet will be visible in the night sky for almost a month.
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Investor group doubles down on strict removals limits despite member exits

Carbon Pulse - Wed, 2023-02-01 06:48
A global institutional investor group on Tuesday set out fresh guidance to limit the use of carbon removals among its members’ holdings, doubling down on its hardline stance despite several recent high-profile exits.
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Verra technical review finds “worthless” media over-crediting claims to be unfounded

Carbon Pulse - Wed, 2023-02-01 05:45
The largest carbon crediting programme in the world, Verra, responded on Tuesday with a full technical review of the recent media reports that over 90% of its rainforest carbon offsets were worthless, disputing the articles as unfounded.
Categories: Around The Web

Climate protesters who squashed cake into King Charles waxwork told to pay damages

The Guardian - Wed, 2023-02-01 04:46

Eilidh McFadden and Tom Johnson convicted of criminal damage after action at Madame Tussauds and must pay £3,500 compensation

The climate protesters who threw cake into the face of a waxwork of King Charles in Madame Tussauds have been ordered to pay the London tourist attraction £3,500 in compensation.

Eilidh McFadden, 20, and Tom Johnson, 29, were found guilty of criminal damage at Westminster magistrates court on Tuesday for each smashing a vegan chocolate cake topped with shaving foam into the waxwork on 24 October last year.

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Thérèse Coffey admits UK can’t achieve air pollution target advised by experts

The Guardian - Wed, 2023-02-01 04:24

Environment secretary sets lower 10-year objective for cleaner air but researchers say their goal is reachable with stronger action

The government cannot achieve the air quality improvements advised by medical experts, so has set its targets lower for the next 10 years, the environment secretary has admitted as she unveiled a new environmental plan.

Thérèse Coffey said on Tuesday: “We have cleaner air. I want it to be even cleaner. Now, I would have loved to have made our target to achieve 10 micrograms [of fine particulate matter, known as PM2.5, per cubic metre of air] by 2030, not 2040. Many parts of the country already enjoy this, but the evidence shows us that with the best will in the world we cannot achieve that everywhere by the end of the decade, particularly in London.”

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Sunak’s warm words on nature sound good, but can they save our last nightingales and swifts? | Beccy Speight

The Guardian - Wed, 2023-02-01 04:00

We’ve had encouraging environmental plans before. Time is running out - this one must become a reality

  • Beccy Speight is the chief executive of the RSPB

Make no mistake: our natural world is in crisis, and we are far beyond the point where words alone will fix it. For proof, you need only look to the annual Big Garden Birdwatch, which has shown a catastrophic decline over the past 14 years. And if you look for them in late spring, you’ll see that nightingales, turtle doves and swifts have almost vanished from our skies.

The government’s announcement this week of commitments to improve wildlife habitats could provide the platform for nature’s recovery. And the recent £3bn pledged to protect and restore nature, while not enough, demonstrates that the government recognises the scale of the task when it comes to delivering the targets agreed under the Environment Act and the global biodiversity framework set at Cop15. Defra has, on paper at least, attempted to rise to the challenge.

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ANALYSIS: Will New York’s cap-and-invest programme revive TCI-P or go west?

Carbon Pulse - Wed, 2023-02-01 04:00
New York’s economy-wide carbon market under development is poised to eventually link with other states, but whether that happens with California, Washington, or a revived Transportation and Climate Initiative Program (TCI-P) remains unclear, experts told Carbon Pulse.
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Carbon credit ratings suggest few REDD+ units are duds, says investor

Carbon Pulse - Wed, 2023-02-01 03:48
Only a minority of REDD+ forest carbon credits currently available in the market are faulty, according to analysis by an investment group using rating agency data, suggesting the reverse of damning findings in media reports earlier this month that condemned almost all the units as worthless.
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Carbon credit initiative reveals majority of assessed units are low in quality

Carbon Pulse - Wed, 2023-02-01 02:43
An initiative that scores carbon credits based on their quality across various criteria has assessed a majority of units as low in at least one category as part of a recent expansion, it announced during a virtual event Tuesday.
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EU internal electricity market remains out of sight, say auditors

Carbon Pulse - Wed, 2023-02-01 02:28
The EU has made slow progress towards connecting electricity markets, according to a report by the European Court of Auditors (ECA) published on Tuesday, undermining efforts to ensure access to cheap and secure power while driving emissions cuts via the bloc's carbon market.
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Mammals that live in groups have longer lifespans, research finds

The Guardian - Wed, 2023-02-01 02:00

Researchers identify 31 genes associated with social organisation and longevity

Mammals that live in groups generally have longer lifespans than solitary species, new research into nearly 1,000 different animals suggests.

Scientists from China and Australia compared 974 mammal species, analysing longevity and how they tended to be socially organised.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2023-01-31 23:06
EUA prices jumped to a five-month high on Tuesday even as traders looked for signs of whether or not the recent rally has further to go, while power and gas prices rose on forecasts for colder temperatures and a slight delay to the restart of a key LNG import terminal.
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Tokyo Stock Exchange ends J-Credit trial run ahead of April market launch

Carbon Pulse - Tue, 2023-01-31 22:58
The four-month trial run of J-Credits on the Tokyo Stock Exchange ended Tuesday, with the bourse now set to refine its carbon trading platform ahead of the April launch of the GX League.
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Woodpeckers and wagtails: how readers enjoyed the big birdwatch

The Guardian - Tue, 2023-01-31 22:49

People tell us about their sightings as part of RSPB’s Big Garden Birdwatch, with many species flourishing

The Big Garden Birdwatch, a citizen survey organised by the RSPB, has returned for its 44th year. The survey took place between 27-29 January 2023 and the deadline for submitting results is on 19 February.

Hundreds of readers got in touch to share their experiences of taking part in this year’s survey. Here, five people tell us about their sightings.

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UK outlines nature restoration plans and green space boost

Carbon Pulse - Tue, 2023-01-31 22:06
The UK government plans to expand or create 25 national nature reserves and ensure that everyone in the country is no more than a 15-minute walk away from a green space or area of water, it said Tuesday.
Categories: Around The Web

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