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Greece becomes first European country to ban bottom trawling in marine parks

The Guardian - Wed, 2024-04-17 03:00

The law will come into force in national parks within two years and in all of the country’s marine protected areas by 2030

Greece has become the first country in Europe to announce a ban on bottom trawling in all of its national marine parks and protected areas.

The country said will spend €780m (£666m) to protect its “diverse and unique marine ecosystems”.

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CCUS investments may dampen profitability, if cheaper clean alternatives are available -report

Carbon Pulse - Wed, 2024-04-17 02:59
Investments in carbon capture and utilisation or storage risk squeezing margins for businesses that use the technology to extend the life of polluting assets when cheaper alternatives are available, according to a research report by Moody's.
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Better VCM data can help companies reach climate goals, experts say

Carbon Pulse - Wed, 2024-04-17 02:45
An increasing availability of better-quality data in the carbon market is already helping companies get closer to neutrality, experts at IETA’s annual European Climate Summit in Florence said on Tuesday.
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Clearer definitions given for carbon farming under EU carbon removal framework

Carbon Pulse - Wed, 2024-04-17 02:17
Clearer definitions for the scope, quantification, and baselines of carbon farming activities to be included under the EU’s Carbon Removal Certification Framework (CRCF) were presented by the European Commission on Tuesday.
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Albanese’s promised clean economy act has been a long time coming, but it’s the right place to start | Adam Morton

The Guardian - Wed, 2024-04-17 01:00

The challenge for a resource-rich, medium-sized economy such as Australia is to identify the right green industries to focus on, while minimising the risks to taxpayers

It’s taken a while to get here, but Anthony Albanese is on the verge of promising what some economists and most clean energy advocates have been urging Australian governments to do for years. Or at least a version of it.

The prime minister’s promised “future made in Australia” act is clumsily named, and the announcement last week had few details, but the idea – that the government will need to use its weight to help develop green industries if the country is to make a rapid transition from fossil fuels to a clean economy – has been a long time coming.

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Australians choose hybrids over EVs as sales of conventional cars decline

The Guardian - Wed, 2024-04-17 01:00

Hybrids outsold pure electrics in the past three quarters, according to new figures, while petrol and diesel sales fell 8%

Australians are choosing hybrid over electric vehicles, but sales of both continue to climb while internal combustion engines record a decline.

Hybrids outsold EVs in three consecutive quarters with 95,129 sales – overtaking 69,593 EVs sold, according to the Australian Automobile Association’s quarterly EV Index released on Tuesday night.

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FEATURE: Exchanges, futures traders, regulators divided over how to make voluntary carbon prices transparent

Carbon Pulse - Wed, 2024-04-17 00:50
The prospect of public pricing in the voluntary carbon market (VCM), potentially spurred by looming disclosure requirements, is provoking a range of reactions from market participants hinging on appetite for regulation, favourability toward transparency, and financial stake, experts have told Carbon Pulse.
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Demand in biodiversity credit market set to rise, amid huge price range -research

Carbon Pulse - Tue, 2024-04-16 23:06
An analysis of recent transactions under five voluntary biodiversity credit frameworks has found that prices vary massively, ranging from $7 to $41,000 per unit for a 100-year conservation period, with average rates expected to surge in the coming years.
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Biodiversity credit market must recognise many projects will not work -researcher

Carbon Pulse - Tue, 2024-04-16 22:26
Buyers of biodiversity credits should purchase multiple units at once to overcome the issue of some single initiatives not offering actual nature uplift, a researcher has said.
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EU, Greece to allocate €4.3 bln for protecting the ocean

Carbon Pulse - Tue, 2024-04-16 21:46
The EU and Greece will invest a combined €4.3 billion in protecting the ocean and marine biodiversity, and promoting sustainability, they announced at the 9th Our Ocean Conference in Athens.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-04-16 21:24
European carbon allowance prices erased Monday's losses and resumed their upward march amid a continuation of short covering, as natural gas and power prices jumped sharply on Middle East tensions and interruptions in gas supply in both the US Gulf and North Sea.
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Carbon reporting standard for financial sector launches chapter in Brazil

Carbon Pulse - Tue, 2024-04-16 21:06
An industry-led carbon accounting programme for financial institutions has teamed up with two of Brazil’s largest banks to promote measurement and disclosure of emissions from the Brazilian financial sector, according to an announcement Tuesday.
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World faces ‘deathly silence’ of nature as wildlife disappears, warn experts

The Guardian - Tue, 2024-04-16 21:00

Loss of intensity and diversity of noises in ecosystems reflects an alarming decline in healthy biodiversity, say sound ecologists

Read more: No birdsong, no water in the creek, no beating wings: how a haven for nature fell silent

Sounds of the natural world are rapidly falling silent and will become “acoustic fossils” without urgent action to halt environmental destruction, international experts have warned.

As technology develops, sound has become an increasingly important way of measuring the health and biodiversity of ecosystems: our forests, soils and oceans all produce their own acoustic signatures. Scientists who use ecoacoustics to measure habitats and species say that quiet is falling across thousands of habitats, as the planet witnesses extraordinary losses in the density and variety of species. Disappearing or losing volume along with them are many familiar sounds: the morning calls of birds, rustle of mammals through undergrowth and summer hum of insects.

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UK facing food shortages and price rises after extreme weather

The Guardian - Tue, 2024-04-16 20:00

Heavy rain likely to cause low yields in Britain and other parts of Europe, with drought in Morocco hitting imports

The UK faces food shortages and price rises as extreme weather linked to climate breakdown causes low yields on farms locally and abroad.

Record rainfall has meant farmers in many parts of the UK have been unable to plant crops such as potatoes, wheat and vegetables during the key spring season. Crops that have been planted are of poor quality, with some rotting in the ground.

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China thermal power growth slows in March, renewable energy generation expands

Carbon Pulse - Tue, 2024-04-16 19:22
Growth in China’s thermal power generation slowed in March with a sustained high level of coal output, while the pace in wind and hydropower generation accelerated, government data showed Tuesday.
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Water theft laws and penalties in the Murray-Darling Basin are a dog’s breakfast. Here’s how we can fix them

The Conversation - Tue, 2024-04-16 19:20
Inconsistent laws and penalties for water theft in the Murray-Darling Basin make compliance and enforcement especially challenging. But it doesn’t have to be this way. Adam James Loch, Associate Professor, University of Adelaide David Adamson, Associate professor, Royal Agricultural University Mark Giancaspro, Senior Lecturer in Law, University of Adelaide Michael Croft, Legal Researcher, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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Australia to introduce bill to establish EPA, but defers crucial environmental law reforms

Carbon Pulse - Tue, 2024-04-16 18:43
The Australian government will introduce legislation to establish national environmental protection and information bodies, but has split reforms that would strengthen laws underpinning them into a separate tranche.
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International emissions trading association releases guidelines on voluntary carbon credit use

Carbon Pulse - Tue, 2024-04-16 18:42
The world’s main emissions trading association published new guidelines on Tuesday about how corporate buyers should use carbon credits as part of their decarbonisation pathways.
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New tool helps UK building developers address biodiversity impacts

Carbon Pulse - Tue, 2024-04-16 18:00
Building developers in England will be able to more easily address the biodiversity impacts of their projects and comply with the biodiversity net gain (BNG) mandate thanks to the launch today of a new BNG software, which helps companies understand the biodiversity impact of different building designs.
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Labor accused of broken promise after delaying laws to address Australia’s extinction crisis

The Guardian - Tue, 2024-04-16 17:39

Tanya Plibersek says two new agencies will be established but a commitment to rewrite national environment laws has been pushed back

The Albanese government has further delayed a commitment to rewrite Australia’s failing national environment laws.

The environment minister, Tanya Plibersek, said the government would introduce legislation in coming weeks to create two previously announced bodies – an environment protection agency and a second organisation called Environment Information Australia, which will provide public data on ecosystems, plants and animals.

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