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BofA eyes EU carbon trading growth -Bloomberg

Carbon Pulse - Tue, 2024-03-12 01:53
Bank of America (BofA) plans to expand its carbon trading business and sees significant growth in the European markets, members of the firm told Bloomberg.
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Overlooked umbrella species could better inform conservation programmes, study finds

Carbon Pulse - Tue, 2024-03-12 01:19
Rethinking the monitoring criteria of umbrella species will enhance biodiversity conservation efforts, leading to more efficient and cost-saving programmes, researchers have found.
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Almost half of cane growers sceptical of science behind laws protecting Great Barrier Reef

The Guardian - Tue, 2024-03-12 00:00

Review found ongoing ‘mistrust’ among farmers, including many who remain unconvinced by need for pollution regulations

A review of the Queensland government’s Great Barrier Reef protection regulations has found that almost half the affected farmers still believe there is little or no scientific evidence to support pollution reduction rules.

The laws, passed in 2019, were based on scientific advice that limits on sediment and chemical runoff were needed in the reef catchment, amid concerns about water quality.

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UK govt buys land for new nuclear power projects

Carbon Pulse - Mon, 2024-03-11 23:21
The UK's state-owned nuclear energy and fuels company is buying land for future developments, as part of the government's plans for a "revival" in the technology that includes developing a new large-scale reactor and mini plants.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-03-11 23:04
European carbon prices declined on Monday morning, led lower by weakening natural gas prices that shrugged off an unplanned outage in the North Sea and suggestions that traders may be stating to unwind positions ahead of the March options contract expiry later this week.
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Greta Thunberg joins climate activists blocking Swedish parliament – video

The Guardian - Mon, 2024-03-11 22:41

Greta Thunberg accused Sweden of being 'very good at greenwashing' as she staged a protest along with 50 other activists outside her home country's parliament. The activists sat outside Sweden's government building in Stockholm in an attempt to stop politicians from getting to work. She said climate protests had often 'fallen on deaf ears' and 'we're still moving in the wrong direction' globally. The action came on an important day for the Swedish government, with the prime minister, Ulf Kristersson, and a numerous key figures in Brussels for its official flag-raising ceremony outside Nato headquarters after being members last week

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New York reconsiders sovereign debt rules as emerging economies push for relief to fund nature, climate

Carbon Pulse - Mon, 2024-03-11 22:04
New York’s state legislature is advancing parallel bills to rewrite the rules of sovereign debt restructuring, in a potential hit to private creditors worldwide but a win for developing countries.
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Greta Thunberg joins climate protest blocking Swedish parliament

The Guardian - Mon, 2024-03-11 21:37

Activist accuses Sweden of being ‘very good at greenwashing’ as group sits outside building’s main entrance

Greta Thunberg has accused Sweden of being “very good at greenwashing” as she staged a protest along with about 50 other activists outside her home country’s parliament.

The activists – who she said were acting as a group of concerned, largely young individuals rather than representing a particular organisation – sat outside the main entrance to Sweden’s government buildings in Stockholm on Monday morning in an attempt to stop politicians from getting to work.

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Protesters to hold mass trespass of Cirencester Park over charging plans

The Guardian - Mon, 2024-03-11 21:12

Right to roam campaigners organise demonstration amid anger at Bathurst Estate’s introduction of £4 fee to visit park

Hundreds of people are expected at a mass trespass of Cirencester Park in protest against the introduction of charges and electronic gates for pedestrians, joggers and cyclists.

Local people are fighting the charges, the first in 329 years since the landscaped parkland, part of the 6,300-hectare (15,500-acre) Bathurst Estate, was established beside the Cotswolds town.

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China urged to provide more support for CCS, carbon markets

Carbon Pulse - Mon, 2024-03-11 20:11
China should provide policy support for the development of offshore carbon capture and storage (CCS) and accelerate the construction of its national carbon market, domestic business leaders have called for during the annual parliamentary session.
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Experts underscore supply-demand imbalance across new generation of voluntary carbon credits

Carbon Pulse - Mon, 2024-03-11 19:47
There is a strong imbalance between demand for a new generation of voluntary carbon credits, eligible for international mechanisms or with integrity labels, and expected supply, analysts told a conference last week.
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Major Korean utility to pursue energy efficiency projects for Paris-aligned carbon credits

Carbon Pulse - Mon, 2024-03-11 17:47
A subsidiary of South Korea's largest power company has partnered with a domestic cement producer to conduct international energy efficient projects in the Asia-Pacific that can generate Paris-aligned carbon credits.
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Voluntary registry releases draft North American biochar project protocol

Carbon Pulse - Mon, 2024-03-11 10:11
A voluntary carbon market registry has released a North American biochar protocol for board consideration following a draft proposal accompanied by a public comment period.
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ANALYSIS: Washington carbon allowance holdings in limbo as fate of cap-and-invest scheme heads to November ballot

Carbon Pulse - Mon, 2024-03-11 10:01
With voters set to decide the fate of Washington state's cap-and-invest programme this November, market participants are highlighting the uncertainty surrounding hundreds of millions of dollars in carbon allowance holdings that could be rendered worthless is the scheme is scrapped.
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Europe unprepared to face climate risks -report

Carbon Pulse - Mon, 2024-03-11 09:01
Europe is not prepared for all the climate risks it will face in the coming years, despite being the fastest-warming continent in the world, according to the first-ever EU Climate Risk Assessment Report published on Monday by the European Environment Agency (EEA).
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Europe unprepared for rapidly growing climate risks, report finds

The Guardian - Mon, 2024-03-11 09:01

Dangers of wildfires, extreme weather and other factors outgrowing preparedness, European Environment Agency says

Europe is not prepared for the rapidly growing climate risks it faces, the European Environment Agency (EEA) has said in its first risk assessment.

From wildfires burning down homes to violent weather straining public finances, the report says more action is needed to address half of the 36 significant climate risks with potentially severe consequences that it identifies for Europe. Five more risks need urgent action, the report says.

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