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Corporate greenwashing unevenly hits share price of offenders, study finds

Carbon Pulse - Sat, 2024-09-07 02:04
Attempts at corporate greenwashing will eventually hurt the financial bottom line of companies in the long run, but offenders are still getting away with it in too many jurisdictions, according to research published this week.
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Stranded astronauts' capsule to head home without them

BBC - Sat, 2024-09-07 02:02
Boeing's troubled spacecraft is to return empty - while Nasa astronauts stay in space until February 2025.
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US EPA cracks down on illegal HFC usage, imports with new enforcement alert

Carbon Pulse - Sat, 2024-09-07 01:51
The US EPA on Friday issued a new enforcement alert, stepping up efforts to combat illegal imports and usage of hydrofluorocarbons (HFCs) – potent greenhouse gases used in refrigeration and air conditioning systems.
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AI could expand access to carbon markets for sustainable rice farming, says report

Carbon Pulse - Sat, 2024-09-07 01:36
Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.
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Former Gabon environment minister beefs up board of CTrees

Carbon Pulse - Sat, 2024-09-07 01:34
Lee White, the former environment minister of Gabon in central Africa who was briefly placed under house arrest in August last year amid a miliary coup, has been appointed to the board of directors of CTrees.
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Poland aims for 56% renewables in electricity mix by 2030

Carbon Pulse - Sat, 2024-09-07 01:07
Poland will aim for a 56% share of renewable energy in its electricity mix by 2030, according to the climate ministry, who announced a new target was revealed in the draft of the National Energy and Climate Plan (NECP) this week.
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Hottest summer on record could lead to warmest year ever measured

The Guardian - Sat, 2024-09-07 01:05

This year will more than likely end up the warmest humanity has measured, reports European climate service

Summer 2024 sweltered to Earth’s hottest on record, making it even more likely that this year will end up as the warmest humanity has measured, the European climate service Copernicus reported on Friday.

And if this sounds familiar, that’s because the records the globe shattered were set just last year as human-caused climate change, with a temporary boost from an El Niño, keeps dialing up temperatures and extreme weather, scientists said.

Continue reading...
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RGGI auction races to another record clear with strong compliance bid

Carbon Pulse - Sat, 2024-09-07 00:45
The Q3 RGGI auction cleared at a new all-time high, with compliance buyers scooping up two-thirds of the permits offered, results posted Friday showed.
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Experts call for COP16 to address Amazon crimes destroying nature

Carbon Pulse - Fri, 2024-09-06 23:59
Experts on the Amazon have urged action from politicians at the COP16 conference to combat the policies fuelling demand for products from activities like gold mining that are driving biodiversity loss.
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Investors should start with materiality when addressing Scope 3 emissions -report

Carbon Pulse - Fri, 2024-09-06 23:48
Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.
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Analysts propose carbon clearing house to support integration of carbon removals in UK ETS

Carbon Pulse - Fri, 2024-09-06 23:08
In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a 'Carbon Clearing House', to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.
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Wetland restoration project in Italy to sell biodiversity tokens, two European companies to buy

Carbon Pulse - Fri, 2024-09-06 22:39
A wetland restoration project in Italy is set to generate the first batch of tokenised biodiversity credits, with two large European companies ready to buy them, Carbon Pulse has learned.
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INTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch

Carbon Pulse - Fri, 2024-09-06 22:36
As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits - a challenge that could well continue into the second phase, according to one expert.
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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend

Carbon Pulse - Fri, 2024-09-06 22:35
Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong retirement activity from the Paris 2024 Olympic and Paralympic Committee.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-09-06 22:21
EU carbon allowance prices halted a three-day losing streak on Friday after prices had fallen close to a key technical support level on Thursday afternoon, gaining support from a second day of increases in TTF gas.
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Higher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts

Carbon Pulse - Fri, 2024-09-06 22:20
EU emissions and carbon prices could rise as a result of the bloc's Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.
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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Carbon Pulse - Fri, 2024-09-06 20:49
An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.
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EU failing to enforce illegal fishing rules, say campaigners

The Guardian - Fri, 2024-09-06 20:39

Activists says EU court ruling on transparency makes mockery of laws to protect the environment

Campaigners have said that the EU is failing to enforce rules on illegal fishing, and allowing member states to conceal information that could help uncover breaches of fishing law.

The court of justice of the EU ruled on Thursday that member states could keep vital details of their implementation of fishing rules under wraps, in a blow to environmental campaigners hoping to use the information to show whether the regulations are working.

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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns

Carbon Pulse - Fri, 2024-09-06 20:00
An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.
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Forest biodiversity unit pilot launches in Congo

Carbon Pulse - Fri, 2024-09-06 19:59
A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.
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