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Euro Markets: Midday Update

Carbon Pulse - Mon, 2023-10-02 22:02
European carbon fell on Monday morning, dropping to an eight-day low as demand appeared to be retreating amid growing expectations that fossil burn will remain weak even at the start of the winter demand season, while energy prices also retreated as North Sea gas supply improved.
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Wetland conservation most effective ocean-based climate solution, research finds

Carbon Pulse - Mon, 2023-10-02 21:40
Wetland conservation has the highest potential impact for mitigating climate change when compared with alternative ocean-based solutions, according to researchers at a British university, with the report proposing cost-per-tonne levels across different activities to ensure the protection of such ecosystems.
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Alliance calls for national plan as Australia fights losing battle against nature loss

Carbon Pulse - Mon, 2023-10-02 21:38
An alliance of more than 20 organisations and companies has urged the Australian government to design a national restoration plan with targets and funding mechanisms to turn the tide as the nation’s ecosystem degradation and decline continue at scale.
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Water firms want bill rises to cut leaks and spills

BBC - Mon, 2023-10-02 20:51
Companies in England and Wales want to charge up to £84 a year more in 2025, rising to £156 extra by 2030.
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UAE offers to host UN climate summit in 2024, with fossil fuel firms poised to ramp up carbon capture and net zero targets

Carbon Pulse - Mon, 2023-10-02 20:16
The UAE has offered to host the UN climate summit for a second consecutive year with Russia blocking Armenia and Azerbaijan's proposals for the 2024 event, according to media reports, as the Middle Eastern nation's state oil company doubles its carbon capture goal, and major oil and gas firms are said to have agreed at a summit in Abu Dhabi to rally around a 2050 net zero target.
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James Webb telescope makes 'JuMBO' discovery of planet-like objects in Orion

BBC - Mon, 2023-10-02 19:59
The new space observatory sees pairs of Jupiter-sized objects floating free between the stars.
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Japanese banks wrestle with transition finance assessments

Carbon Pulse - Mon, 2023-10-02 19:48
Financial institutions should use more diversified approaches and metrics to ensure an adequate evaluation of transition finance for the hard-to-abate sectors, an expert group of major Japanese banks has argued.
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Minority communities are edged out of the UK’s green spaces. I’m trying to change that | Haroon Mota

The Guardian - Mon, 2023-10-02 19:46

You might think that nature, being free, is available to all – but there are huge racial disparities in access to the outdoors

  • Haroon Mota is a mountaineer and the founder of Muslim Hikers

The British countryside is often perceived as universally accessible, a tranquil escape open for all to enjoy. But is this truly the case? From my experience as a member of and advocate for minority communities in the UK, it has become increasingly evident that time in the natural world is far less accessible to some of us than we would hope.

I’ve been adventuring in the outdoors for nearly 20 years now, and from the very beginning I noticed that I wouldn’t bump into people like myself in rural spaces, despite my city being very diverse.

Haroon Mota is a mountaineer and the founder of Muslim Hikers and Active Inclusion Network

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.


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Indonesian oil company signs nature-based solution agreement with provincial government

Carbon Pulse - Mon, 2023-10-02 19:16
The renewable energy subsidiary of Indonesian state oil company Pertamina over the weekend struck a "green economy" agreement with a provincial government that includes plans to identify and develop nature-based solutions (NBS) to generate carbon credits.
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Working group to consider carbon credit eligibility in Japan’s GX League trading scheme

Carbon Pulse - Mon, 2023-10-02 17:21
The government of Japan has established three working groups to promote its nationwide decarbonisation initiative, including a task force to discuss the eligibility of carbon credits, laying the foundation for the world's fifth-largest CO2 emitter to improve an emerging domestic carbon market.
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Plibersek approves new 600MW solar farm in central Queensland

RenewEconomy - Mon, 2023-10-02 16:35

Plibersek approves 600MW solar farm in central Queensland, and uses media release to criticise the Greens for rejecting the CPRS in 2009.

The post Plibersek approves new 600MW solar farm in central Queensland appeared first on RenewEconomy.

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New Zealand govt defends new ETS service fees, annual forestry charge

Carbon Pulse - Mon, 2023-10-02 15:39
New Zealand’s Ministry of Primary Industries (MPI) has defended its move to introduce annual fees per hectare of forest and a range of service charges in the ETS, arguing the funds accrued will be essential to maintain the integrity of the scheme.
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Rooftop solar smashes more records, sending coal output and grid demand to new lows

RenewEconomy - Mon, 2023-10-02 14:49

Solar panelsRooftop solar smashed more records over the "grand final" long weekend, sending coal output and network demand to new lows as the grid continues to be reshaped.

The post Rooftop solar smashes more records, sending coal output and grid demand to new lows appeared first on RenewEconomy.

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The road is long and time is short, but Australia’s pace towards net zero is quickening

RenewEconomy - Mon, 2023-10-02 14:37

For all of the doom-saying, Australia is putting the building blocks in place to get to net zero faster.

The post The road is long and time is short, but Australia’s pace towards net zero is quickening appeared first on RenewEconomy.

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ICVCM expert views voluntary carbon market oversight not purview of CFTC

Carbon Pulse - Mon, 2023-10-02 13:44
The US Commodities Futures Trading Commission (CFTC) lacks the expertise to create standards for the voluntary carbon market (VCM), a member of the industry’s private sector governance body argued, while some experts were not convinced the Council’s upcoming Core Carbon Principles (CCP) labelled credits will be the silver bullet the sector anticipated.
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Vietnamese firm launches carbon credit trading platform

Carbon Pulse - Mon, 2023-10-02 13:17
Vietnam has taken further steps towards a more comprehensive voluntary carbon market as tech and real estate firm CT Group launched the ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) in southern business hub Ho Chi Minh City.
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'The boss of Country', not wild dogs to kill: living with dingoes can unite communities

The Conversation - Mon, 2023-10-02 11:26
It’s time to reconsider our relationship with the dingo. By collaborating and drawing from both Indigenous and Western knowledge, we can find ways to live in harmony with our apex land predator. Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University Bradley Smith, Senior Lecturer in Psychology, CQUniversity Australia Kylie M Cairns, Research fellow, UNSW Sydney Sonya Takau, Girringun Aboriginal Corporation Communications Officer and Founder of Dingo Culture, Indigenous Knowledge Whitney Rassip, Girringun Aboriginal Corporation Indigenous Protected Areas Coordinator and Acting Executive Officer, Indigenous Knowledge Licensed as Creative Commons – attribution, no derivatives.
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Scientists sound alarm over recent soil ACCU issuances

Carbon Pulse - Mon, 2023-10-02 11:12
A group of Australian scientists have raised “serious concerns” that Australian Carbon Credit Units (ACCUs) generated from soil carbon projects could be overinflated and based on non-additional activities, urging  the Clean Energy Regulator to release its data on how it calculates its crediting.
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A weebill speaks: vote for us as your bird of the year – video

The Guardian - Mon, 2023-10-02 10:43

Everyone knows Australia's largest bird, the emu, but how many are familiar with our smallest? At only 8cm to 9cm long, the weebill generally goes unnoticed due to its small stature and earthy colours, even though it is found across much of the country. It’s most often found gleaning insects from eucalyptus leaves, which at times are bigger than the bird itself

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Emperor penguins face a bleak future – but some colonies will do better than others in diverse sea-ice conditions

The Conversation - Mon, 2023-10-02 08:11
If we want to live in a world with Emperor penguins, we need to cut emissions steeply and protect parts of the ocean around Antarctica where climate change will have the biggest impact. Sara Labrousse, Chercheuse en écologie polaire, Sorbonne Université Michelle LaRue, Associate Professor in Conservation Biology, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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