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Sustainable food investor raises $645 mln across two funds

Carbon Pulse - Wed, 2024-03-06 01:21
Some $645 million has been raised across private equity and venture capital funds by London-based sustainable food and agriculture investment firm Cibus Capital.
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Hundreds of thousands of salmon dead from ‘gas bubble disease’ in US river

The Guardian - Wed, 2024-03-06 00:46

Mass dieoff in Klamath River caused by extreme changes in water pressure amid largest dam removal project in US history

As many as hundreds of thousands of newly hatched Chinook salmon released into the Klamath River have died due to “gas bubble disease” caused by extreme changes in water pressure.

The young salmon fry were released amid the largest dam removal project in US history along the 257-mile-long river, which flows across Oregon and California. Four hydropower dams are being removed, reconnecting the lower and upper portions of the Klamath River for the first time in a century and allowing fish free passage along the river.

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Danish airport invests in portfolio of carbon removal projects

Carbon Pulse - Wed, 2024-03-06 00:18
Denmark’s largest airport has invested in a new portfolio of carbon removal projects as it steps up its target to be emissions free by 2030, it was announced Tuesday.
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UAE-based carbon project developer Blue Carbon solicits applicants to support activity design, monitoring

Carbon Pulse - Wed, 2024-03-06 00:09
Blue Carbon, a Dubai-based carbon project developer aiming to participate in Article 6 markets, has issued a request for proposals (RFP) to obtain support for design and monitoring across its portfolio.
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Cars sold in Australia in 2023 emitted as much CO2 as 156 coalmines, analysis shows

The Guardian - Wed, 2024-03-06 00:00

Finding comes as public consultation for the proposed fuel efficiency standard closes, with advocates warning of a loophole for SUVs

Cars sold in Australia by just five companies emitted as much carbon dioxide in 2023 as 156 standard coalmines, analysis shows, as advocates eager for the government’s proposed fuel efficiency standard warn of a loophole for SUVs.

However as the Albanese government considers the views of industry players on its proposed fuel efficiency standard, tensions are firming between auto manufacturers and environmental groups about how strict the new rules should be.

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Tesla accuses Australian car lobby group of making ‘false claims’ about Labor’s vehicle emissions plan

The Guardian - Wed, 2024-03-06 00:00

Exclusive: Electric car company says Federal Chamber of Automotive Industries is running a ‘concerted public campaign’ by suggesting plan would push up price of popular cars

Tesla has launched a scathing attack on Australia’s main auto industry lobby group, accusing it of attempting to delay climate action by repeatedly making “plainly false” claims to the public about an Albanese government clean car policy.

In a submission to the government about the design of a vehicle efficiency standard, Tesla sharply criticised the Federal Chamber of Automotive Industries (FCAI), an organisation in which it holds a board seat and is an active member.

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Labour to end UK exemptions for bee-killing pesticides outlawed by EU

The Guardian - Tue, 2024-03-05 23:49

Exclusive: Wildlife groups welcome promise to ban pesticides approved by government against scientists’ advice

Labour will end exemptions for bee-killing pesticides that have already been outlawed in the EU but which the UK government has approved for four years in a row, the shadow environment minister has said.

This week, the government authorised the use of thiamethoxam, also known as Cruiser SB, on sugar beet crops – against the advice of its scientists, who said it would pose a threat to bees.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-03-05 23:17
European carbon soared as much as 7.7% on Tuesday morning as a squeeze triggered by a rally in natural gas prices extended for a second day, forcing short-positioned traders to buy back in the futures market, while the approaching expiry of the March options contract also encouraged covering.
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Building integrated value chains for CCS, hydrogen, and wind helps to drive up returns -oil major

Carbon Pulse - Tue, 2024-03-05 22:58
Creating integrated value chains across offshore wind, green hydrogen, and carbon capture and storage (CCS) in industrial heartlands is key to achieving higher returns and counteracting the impact of an inflationary environment, said an oil major executive speaking at a conference today.
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German green hydrogen maker snags €500 mln for EU scale-up

Carbon Pulse - Tue, 2024-03-05 21:00
A German renewable hydrogen maker has secured over €500 million to advance its green hydrogen development, from major backers including the European Investment Bank and Amazon Climate Pledge Fund, it announced on Tuesday.
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Direct air capture cheaper than research suggests, says climate fund

Carbon Pulse - Tue, 2024-03-05 20:32
A climate fund has rebutted recent research on the cost of scaling direct air capture, arguing that the cost of the nascent carbon removal technology might actually be lower in the near term than people assume.
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China sets tighter 2024 energy intensity target in bit to catch up with climate goals

Carbon Pulse - Tue, 2024-03-05 19:54
China has set a tighter target for energy intensity this year after falling short of its previous goal, as the country seeks to get its climate commitments back on track.
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Financial toll of climate crisis hitting women harder, UN says

The Guardian - Tue, 2024-03-05 19:00

Rural households led by women lose about 8% more income to heat stress than male-led families, data shows

Women in rural areas suffer substantially greater economic losses from the impacts of climate breakdown than men in developing countries, research has shown, and the gap is likely to widen further.

Households headed by women in rural areas lost about 8% more of their income to heat stress than male-headed households, and their reduction in income when floods struck was about 3% greater than the loss to men, according to data released by the UN’s Food and Agriculture Organization (FAO) on Tuesday.

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Australia promises $1.3 bln fund to boost clean energy investment in Southeast Asia

Carbon Pulse - Tue, 2024-03-05 17:49
The Australian government will establish an A$2 billion ($1.3 bln) financing facility to drive clean energy and infrastructure investments in Southeast Asia, it announced Tuesday. 
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US-Russian crew successfully enter space station

BBC - Tue, 2024-03-05 16:50
A SpaceX capsule carrying three US astronauts and one Russian cosmonaut has arrived at the International Space Station.
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US-Russian crew successfully enter space station

BBC - Tue, 2024-03-05 16:50
A SpaceX capsule carrying three US astronauts and one Russian cosmonaut has arrived at the International Space Station.
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Malaysia to open for airline carbon levy from April

Carbon Pulse - Tue, 2024-03-05 16:34
Malaysia will from April make it possible for airlines to impose a carbon levy on passengers, with revenue raised set to offset aviation emissions through the purchase of carbon credits or sustainable aviation fuel (SAF).
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UK spends least among major European economies on low-carbon energy policy, study shows

The Guardian - Tue, 2024-03-05 15:01

Britain spent about £26bn in three years on low-carbon measures, less than Italy, Germany, France and Spain, Greenpeace finds

The UK spends less on low-carbon energy policy than any other major European economy, analysis has shown, despite evidence that such spending could lower household bills and increase economic growth more than the tax cuts the government has planned.

Spending on low-carbon measures for the three years from April 2020 to the end of April 2023 was about $33.3bn (£26.2bn) in total for the UK, the lowest out of the top five European economies, according to an analysis by Greenpeace of data from the International Energy Agency.

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