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Carbon markets key enabler in funding switch to regenerative agriculture, says investor

Carbon Pulse - Tue, 2024-03-05 02:52
Carbon finance can be key in supporting farmers transition to regenerative agriculture, according to an investor working at the intersection of climate change and social impact.
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Bee-harming pesticide use 'makes a mockery' of ban

BBC - Tue, 2024-03-05 02:42
A threat posed by a virus to the UK's sugar beet means a banned pesticide can now be used on seeds.
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French asset manager plans major investments in nature restoration, backs biodiversity certificates initiative

Carbon Pulse - Tue, 2024-03-05 02:02
A large private investment house is seeking to scale up investments in nature restoration projects as part of a broader strategy to become a major player in the burgeoning biodiversity market, a company executive said.
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Trafigura to buy European road fuels and biofuel supplier

Carbon Pulse - Tue, 2024-03-05 01:16
Commodities trading house Trafigura on Monday announced it would purchase a major European road fuels and biofuel supplier.
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Economists pitch CBAM update only focused on carbon leakage

Carbon Pulse - Tue, 2024-03-05 01:02
A group of economists has put forward ideas to revise the EU’s Carbon Border Adjustment Mechanism (CBAM), arguing the law could be simplified by focusing only on preventing ‘carbon leakage’ across the entire economy rather than addressing specific sectors for which carbon emissions data may be hard to come by.
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No 10 berates Chris Packham for ‘irresponsible’ Just Stop Oil comments

The Guardian - Tue, 2024-03-05 00:36

BBC presenter defends climate activists’ right to target MPs’ homes amid debate over politicians’ safety

Downing Street has accused the BBC presenter Chris Packham of being “irresponsible” after he said Just Stop Oil had a right to protest outside the homes of MPs despite fears over politicians’ safety.

Rishi Sunak’s official spokesperson said the police would consider such demonstrations “intimidatory” and use their powers to move on protesters under a policing protocol agreed last week.

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KraneShares to liquidate, terminate voluntary carbon market ETF

Carbon Pulse - Tue, 2024-03-05 00:35
Asset manager KraneShares will liquidate and terminate its flagship voluntary carbon market exchange-traded fund (ETF), according to a notice posted on Monday.
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Nigerian govt takes over disputed land with plans to generate voluntary carbon credits -media

Carbon Pulse - Tue, 2024-03-05 00:10
The governor of an oil producing state in Nigeria has announced the takeover of disputed forest land where the authority now wants to produce carbon credits, according to local media reporting.
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Mix of CCS, nuclear, geothermal, and wind power needed to decarbonise Poland -analysis

Carbon Pulse - Tue, 2024-03-05 00:05
The EU’s third-biggest carbon emitter, Poland, will need to almost double the amount of wind capacity it is currently installing annually, as well as use CCS, nuclear, and geothermal energy in order to reach net zero emissions by 2050, according to new research.
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Australian program to eradicate red fire ants is a ‘shambles’, Senate inquiry told

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

Invasive species could be worse than rabbits, cane toads, foxes, camels, wild dogs and feral cats combined, committee hears

A Senate inquiry into the spread of fire ants in Australia has heard that the government program tasked with their elimination is an “absolute shambles” and that an independent eradication body is urgently needed.

The highly invasive insect is believed to have entered Australia in the 1990s and was discovered at Brisbane port in 2001. A program spanning state, territory and federal governments was created to eradicate red imported fire ants and it has received more than $1.2bn of federal and state funding. Of that, $593m covers 2023 to 2027.

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Satellite to ‘name and shame’ worst oil and gas methane polluters

The Guardian - Mon, 2024-03-04 23:54

Leaks are driving 30% of the climate crisis and MethaneSat will provide the first first near-comprehensive global view

A washing-machine-sized satellite is to “name and shame” the worst methane polluters in the oil and gas industry.

MethaneSat is scheduled to launch from California onboard a SpaceX rocket on Monday at 2pm local time (22:00 GMT). It will provide the first near-comprehensive global view of leaks of the potent greenhouse gas from the oil and gas sector, and all of the data will be made public. It will provide high-resolution data over wider areas than existing satellites.

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Campaigners get go-ahead to challenge plans for oilfield in Lincolnshire Wolds

The Guardian - Mon, 2024-03-04 23:39

Permission granted for judicial review after Planning Inspectorate overturned local council’s decision to reject plan

Campaigners have been given permission to challenge plans for a new oilfield in an area of outstanding natural beauty – which they say threatens one of England’s “hidden rural treasures”.

The proposed oil-drilling operation is in Biscathorpe in the Lincolnshire Wolds, an important habitat for nature and wildlife that has been officially designated an area of outstanding natural beauty (AONB).

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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-03-04 23:05
European carbon allowances shrugged off a recovery in natural gas in Monday morning trading, falling by the most in two weeks early in the session as speculators resumed aggressive selling, while wider energy markets eased lower on continued bearish fundamentals.
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Australian carbon industry body introduces mandatory transition plan requirements for eligible members, sponsors

Carbon Pulse - Mon, 2024-03-04 23:00
Large polluters will be required to have decarbonisation plans published by the middle of next year to be eligible for full Carbon Market Institute (CMI) membership or to be a lead sponsor at its events, the Australian industry body announced Tuesday as part of a policy shake-up.
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FEATURE: EU’s carbon market diplomacy task force shrouded in mystery

Carbon Pulse - Mon, 2024-03-04 22:58
When the European Commission presented its recommendations for a 2040 climate target last month, it also raised expectations – and a few eyebrows – by announcing the creation of a dedicated task force on “carbon market diplomacy”.
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Freshwater wetland restoration helps create carbon sinks, but far too slowly for our purposes, study finds

Carbon Pulse - Mon, 2024-03-04 21:03
Freshwater wetland restoration can turn degraded wetlands from net carbon sources into carbon sinks, though it takes far too long for Paris Agreement purposes, meaning climate projects should prioritise conserving existing ones, a study has found.
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Ukrainian startup secures EU backing to implement DAC carbon removal technology

Carbon Pulse - Mon, 2024-03-04 20:53
The EU will provide grant funding to a Ukrainian startup looking to scale up its direct air capture (DAC) technology, with the CO2 intended to be used in agricultural applications.
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Zimbabwe expects voluntary carbon trading to take off this year as project applications flood in -media

Carbon Pulse - Mon, 2024-03-04 20:50
Zimbabwe's government plans to launch a regulatory framework for the trading of voluntary carbon credits in the next year, hoping to generate around $400 million in annual revenues as project investments accelerate, a senior government official told local media.
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Global land affected by water flow deviations nearly doubled from pre-industrial times, study finds

Carbon Pulse - Mon, 2024-03-04 20:10
Human activity in the past century has dramatically altered freshwater flows, jeopardising their capacity to regulate vital ecological and climatic processes, a study has found.
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Korean investor eyes forest carbon project in Mongolia

Carbon Pulse - Mon, 2024-03-04 19:41
A South Korean offset project developer and investor has deepened its partnership with a provincial government in Mongolia in the hope of generating international carbon credits from forestry projects.
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