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US environmental campaigners add another former veteran climate negotiator to its roster

Carbon Pulse - Tue, 2022-11-08 04:01
A US-headquartered environmental campaign organisation has added another veteran UN climate negotiator to its roster of carbon market experts.
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VCM Report: Nearby N-GEO futures crash below $6

Carbon Pulse - Tue, 2022-11-08 03:37
Standardised offset prices slipped sharply at the end of the week, particularly for nature-based offsets, as the expected feelgood factor from COP27 summit in Egypt failed to materialise, although sources noted some over-the-counter sellers were turning bullish.
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Opening days of the Cop27 climate summit – in pictures

The Guardian - Tue, 2022-11-08 02:59

Images from Sharm el-Sheikh in Egypt where world leaders are gathering to discuss the climate crisis

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COP27: UK to launch “gold standard” framework for corporate climate disclosure plan

Carbon Pulse - Tue, 2022-11-08 02:42
The UK will launch a new disclosure framework on Tuesday for corporate climate plans that it says will outline a "gold standard" for transition strategies, largely based on existing disclosure rules in force in the country that cover all three scopes of value chain emissions, officials told a briefing at COP27.
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UPDATE – COP27: New demand pledges for forest carbon credits amongst incremental progress to halt deforestation

Carbon Pulse - Tue, 2022-11-08 02:35
Several public and private commitments were made to ramp up the financing available to protect the world’s forests at the COP27 UN climate talks on Monday, alongside efforts to better track progress on conserving and enhancing forest carbon stocks that included new demand pledges towards forest carbon credits.
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First Islamic financing facility set up for voluntary carbon market

Carbon Pulse - Tue, 2022-11-08 02:32
An investment fund for oil exporting Arabic countries has struck a major Islamic financing carbon offsetting deal at the start of COP27 in Egypt, billed as the first-of-its kind in the Middle East and North Africa (MENA) region.
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World faces ‘terminal’ loss of Arctic sea ice during summers, report warns

The Guardian - Tue, 2022-11-08 02:00

The dramatic vanishing of polar ice sheets will cause catastrophic sea level rise that will threaten cities, according to a major new study

The climate crisis has pushed the planet’s stores of ice to a widespread collapse that was “unthinkable just a decade ago”, with Arctic sea ice certain to vanish in summers and ruinous sea level rise from melting glaciers now already in motion, a major new report has warned.

Even if planet-heating emissions are radically cut, the world’s vast ice sheets at the poles will continue to melt away for hundreds of years, causing up to three metres of sea level rise that will imperil coastal cities, the report states. The “terminal” loss of sea ice from the Arctic during summers could arrive within a decade and now cannot be avoided, it adds.

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Toad licking: just say no, National Parks Service tells Americans seeking a high

The Guardian - Tue, 2022-11-08 01:52

Secretions of Sonoran desert toad have long had hallucinogenic reputation but authorities want you to keep your tongue away

The US National Park Service is warning people to stop licking one of the largest toads in America, due to a toxin it secretes from its glands that can create a hallucinogenic experience.

The Sonoran desert toad, which emits a quick, “weak low-pitched toot”, can make someone sick if they touch it or lick it, NPS said in a Facebook post on Tuesday.

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'We have the collective capacity to transform,' says Mia Mottley at Cop27 – video

The Guardian - Tue, 2022-11-08 01:25

Mia Mottley, the prime minister of Barbados, told world leaders gathered at the climate conference in Egypt: 'We know what it is to remove slavery from our civilisation, to find a vaccine within two years for a pandemic, to put a man on the moon', but that when it came to the climate crisis, we needed to understand why we were not moving any further. Speaking at Cop27, she said  'the simple political' needed 'to make a definable difference ... seems still not to be capable of being produced'

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Program Officer/Senior Program Officer, Media Relations, Verra – Remote

Carbon Pulse - Tue, 2022-11-08 00:45
With the rapid growth in carbon markets driving inquiries from media new to the field, Verra is seeking a Program Officer / Senior Program Officer to help reporters understand the role that carbon finance plays in meeting the climate challenge.
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A pub with no gas: Lithgow residents rely on each other after flooding ruptures gas pipeline

The Guardian - Tue, 2022-11-08 00:00

‘It seemed like the community was just left to do your best with what you have’, says one local

Residents of Lithgow are using kettles to prepare water for bathing and restaurants with bottled gas are cooking warm meals for locals, as the regional New South Wales town waits up to a month for a broken gas pipeline to be repaired.

Locals in towns including Lithgow, Bathurst, Wallerawang and Oberon woke up on Thursday to find their homes had been cut off from natural gas – the result of a leak in the pipeline between Young and Lithgow. More than 20,000 people are affected.

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Global leaders have a climate 'credibility problem', says Al Gore at Cop27 – video

The Guardian - Mon, 2022-11-07 23:57

Al Gore made an impassioned call on Monday for leaders to 'choose life over death' by ending the use of fossil fuels that are stoking the climate crisis. The former US vice-president, a long-time environmental campaigner who was among the first to raise the alarm about climate change, told leaders at this year's United Nations climate summit in Egypt that they should turn away from destructive behaviour, insisting that 'we have other choices' in the form of renewable energy

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How can we cut soaring demand for meat? Try a hybrid burger | Joseph Poore

The Guardian - Mon, 2022-11-07 23:53

Blending lentils or vegetables into meat products could have huge benefits for the environment, animal welfare and human health

Our current level of meat consumption is unsustainable. Animal farming is a major driver of global heating and tropical deforestation. The meat industry keeps most animals in intensive, inhumane conditions. And red meat is linked to multiple health problems including heart disease and colorectal cancer.

The food industry has committed to change – chains such as McDonald’s and Burger King have signed up to net zero greenhouse gas emissions by 2050, to zero deforestation by 2030, and to multiple health targets too. But how can these giant companies, and indeed the whole food sector, possibly follow through when we consume 340bn kilos of meat a year globally, and demand is still rising? Do we just hope that consumers will go vegan or vegetarian of their own accord?

Joseph Poore researches agriculture and the environment at the University of Oxford. Hannah Ritchie also contributed to this piece

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Euro Markets: Midday Update

Carbon Pulse - Mon, 2022-11-07 23:44
EUAs were slightly firmer in light trading on Monday as the market eyed the resumption of the political process around the REPowerEU initiative and the Fit for 55 reforms, while energy prices dropped amid forecasts for unseasonably mild temperatures.
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Met Office predicts severe flooding across England in February

The Guardian - Mon, 2022-11-07 23:22

Government embarks on campaign to raise awareness over weather threat as England remains in drought

Severe flooding caused by La Niña is predicted for February despite England remaining in drought, the Met Office has said.

Two-thirds of people at risk of flooding were unaware of the situation, the government said on Monday, as it embarked on an awareness campaign. This average cost to a flooded household is £30,000, figures show.

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'We are in the fight of our lives,' says UN chief at Cop27 climate summit – video

The Guardian - Mon, 2022-11-07 23:17

António Guterres told delegates gathered at the start of the conference in Egypt that humanity was 'on a highway to climate hell with our foot – still – on the accelerator'. The UN secretary general's speech set an urgent tone as government representatives assembled for two weeks of talks on how to avert the worst of climate breakdown

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Sunak extends UK support for saving forests – but will not give more funding

The Guardian - Mon, 2022-11-07 23:00

New president of Brazil expected to join initiative at Cop27 covering a third of world’s forests

Rishi Sunak has pledged the UK’s continued support for conserving threatened forests around the world, through a funding programme covering a third of the world’s forests, at the Cop27 UN climate summit in Egypt.

Brazil is expected to join the initiative, under the incoming president Luiz Inácio Lula da Silva, and new funding from the public and private sector will take the spending for forest conservation above $20bn over the next five years. The moves form part of efforts to tackle emissions from land use, the second biggest driver of global heating, of which tropical deforestation is a significant component.

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World is on ‘highway to climate hell’, UN chief warns at Cop27 summit

The Guardian - Mon, 2022-11-07 22:15

António Guterres tells leaders ‘global climate fight will be won or lost in this crucial decade – on our watch’

Humanity is on a “highway to climate hell”, the UN secretary general has warned, saying the fight for a liveable planet will be won or lost in this decade.

António Guterres told world leaders at the opening of the Cop27 UN climate summit in Egypt on Monday: “We are in the fight of our lives and we are losing … And our planet is fast approaching tipping points that will make climate chaos irreversible.

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Boris Johnson urges Cop27 summit to 'double down on net zero' – video

The Guardian - Mon, 2022-11-07 21:28

The former UK prime minister attended a New York Times event at the UN climate conference in Egypt on Monday, saying 'now is not the moment to go weak on net zero' after suggesting that the discussion over the war in Ukraine had distracted from the climate crisis and was having 'all sorts of bad effects'. 

Johnson said global leaders should not back away from promises made at the previous climate summit in Glasgow. He said he was attending the summit in a 'purely supportive role' before Rishi Sunak's appearance on Monday afternoon. Sunak had originally said he was unable to attend the event because of commitments to tackle the cost of living crisis

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Cop27 wifi in Egypt blocks human rights and key news websites

The Guardian - Mon, 2022-11-07 21:03

Attendees say they are unable to visit Human Rights Watch and other sites needed during climate talks

Attendees at the Cop27 climate meeting have found that the conference internet connection blocks access to the global rights organisation Human Rights Watch (HRW) as well as other key news websites needed for information during the talks.

HRW is due to lead a panel discussion at Cop27 along with Amnesty International, whose website is accessible on the conference wifi. The list of blocked sites also includes the blogging platform Medium, Egypt’s lone independent news outlet, Mada Masr, and the Qatari news outlet Al Jazeera.

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