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WCI Q3 auction settles at lowest in 18 months, sparking volatility in secondary market

Carbon Pulse - Thu, 2024-08-22 05:52
The Q3 California-Quebec current vintage carbon auction settled at nearly a $3 discount to secondary market prices, well below trader and analyst expectations, sending secondary market California Carbon Allowance (CCA) futures in a volatile spin.
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Humans to push further into wildlife habitats across more than 50% of land by 2070 – study

The Guardian - Thu, 2024-08-22 04:00

Sharing increasingly crowded spaces could result in greater risk of pandemics, human and animal conflicts and loss of nature, say researchers

Over the next 50 years, people will push further into wildlife habitats across more than half the land on Earth, scientists have found, threatening biodiversity and increasing the chance of future pandemics.

Humans have already transformed or occupied between 70% and 75% of the world’s land. Research published in Science Advances on Wednesday found the overlap between human and wildlife populations is expected to increase across 57% of the Earth’s land by 2070, driven by human population growth.

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The Guardian view on meat: we need to eat less of it | Editorial

The Guardian - Thu, 2024-08-22 03:25

Beef, lamb and dairy products are the most carbon-intensive foods by far. More boldness around dietary changes is needed

The publication of a major study linking habitual eating of processed and red meat to a greater risk of type 2 diabetes is the latest very good reason to think hard about what we consume. Rising obesity rates, food poverty and concerns about the seemingly unstoppable rise of ultra-processed and junk food mean British eating habits are a longstanding source of widespread concern. Many people also recognise that there are environmental reasons to change their diets. Meat and dairy are the most carbon-intensive foods by far. Most of us should eat less of them. But the messaging around this continues to be poor.

Ever since red and processed meat was linked to an increased risk of cancer a decade ago, people have been advised to limit their daily consumption of these to a maximum of 70g. But while the “five a day” fruit and vegetables campaign turns 21 this year, and warnings about excess sugar abound, other government guidelines on food remain vague. While they specify two weekly portions of fish, one of which should be oily, about meat they say only “eat some”. There are no recommendations as to how much white meat should be consumed.

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India needs cheaper battery costs to help transition away from coal to renewables -report

Carbon Pulse - Thu, 2024-08-22 03:03
India’s power transition away from coal is highly sensitive to the rate at which battery project costs decline, according to analysts.
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Millions broil as southern US heat dome causes record highs and wildfires

The Guardian - Thu, 2024-08-22 03:03

Extreme heat affecting nearly 23m people across US south-west and pushing Texas’s electrical grid to the limit

A heat dome covering the US’s south-west region is affecting nearly 23 million Americans, bringing with it some of the highest temperatures of the summer and putting pressure on the electrical grid in Texas.

The heat dome phenomenon occurs when strong, high pressure traps hot air over a region, preventing cool air from traveling in and causing temperatures to rise on the ground and stay high.

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One of UK’s largest and rarest spider species making a comeback, says RSPB

The Guardian - Thu, 2024-08-22 01:54

Marsh restorations allowing populations of fen raft spider, which can be up to 7cm long, to recover

One of the rarest and largest species of spider in the UK is said to be making a comeback on nature reserves.

After facing near extinction over the last century, the UK’s population of fen raft spiders is steadily increasing, and numbers are at a record high this year, according to the conservation charity RSPB.

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Emissions cap should be maintained if carbon removals included in UK ETS, say consultation respondents

Carbon Pulse - Thu, 2024-08-22 01:36
Industry and NGOs backed the UK government’s proposal to maintain the gross emissions cap if greenhouse gas removals (GGRs) are included in the UK ETS, and argued their inclusion could incentivise their uptake but additional support will still be needed, according to responses to a government consultation.
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Regenerative agriculture finance to mobilise at scale in 2025, says executive

Carbon Pulse - Thu, 2024-08-22 01:19
Large amounts of money will begin to flow into regenerative agriculture around the world next year, as organisations become more comfortable with financing it, the managing director of Pollination has predicted.
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Ancient ocean of magma found on Moon south pole

BBC - Thu, 2024-08-22 01:13
The findings are from India's historic Chandrayaan-3 mission that landed on the Moon's south pole.
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International emissions trading and carbon removal deployment go hand in hand, argues report

Carbon Pulse - Wed, 2024-08-21 23:43
Driving international emissions trading of carbon removal (CDR) credits can balance out geographical differences, such as storage suitability occurring in some regions and not others, and, when combined, can significantly scale new technological capacity and bring down costs, according to a new report.
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US state agency delivers five-year plan to boost biodiversity protection

Carbon Pulse - Wed, 2024-08-21 23:38
A Massachusetts state agency has released a five-year plan for preserving nature in the region, aiming to double its land protection efforts and implement restoration activities in water ecosystems by 2030. 
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Reforester in Ghana signs deal with carbon financier to boost credit supply

Carbon Pulse - Wed, 2024-08-21 23:37
A carbon financier has gained exclusive access to 371,000 voluntary credits from reforestation projects in Ghana, which can now provide Internationally Transferred Mitigation Outcomes (ITMOs) to Singapore, it said Wednesday.
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South Korea bets on OECMs in updated biodiversity plan to achieve marine conservation target

Carbon Pulse - Wed, 2024-08-21 23:17
South Korea has published its updated National Biodiversity Strategy and Action Plan (NBSAP), outlining actions to scale up nature conservation efforts, including expanding Other Effective area-based Conservation Measures (OECMs) to bridge the country's huge gap in marine protection.
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Microplastics are infiltrating brain tissue, studies show: ‘There’s nowhere left untouched’

The Guardian - Wed, 2024-08-21 23:00

Twenty-four brain samples collected in early 2024 measured on average about 0.5% plastic by weight

A growing body of scientific evidence shows that microplastics are accumulating in critical human organs, including the brain, leading researchers to call for more urgent actions to rein in plastic pollution.

Studies have detected tiny shards and specks of plastics in human lungs, placentas, reproductive organs, livers, kidneys, knee and elbow joints, blood vessels and bone marrow.

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INTERVIEW: UK developer receives first carbon credits from Verra’s new clean cooking methodology

Carbon Pulse - Wed, 2024-08-21 22:28
A London-based investment management company and climate project developer has become the first to receive carbon credits under Verra’s latest cookstoves methodology, VMR0006 version 1.2, the company confirmed to Carbon Pulse.
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Voluntary carbon data firm raises Series A funding round

Carbon Pulse - Wed, 2024-08-21 22:00
A nature mapping provider active in the voluntary carbon market has closed a Series A round, with the funding to be used to expand its library of data and insights on global forest cover.
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Carbon tax constraints reduce likelihood of limiting global warming to below 1.6C -study

Carbon Pulse - Wed, 2024-08-21 21:41
Feasibility constraints that prevent some governments from implementing climate policies, such as a carbon tax, significantly reduce the likelihood of limiting global warming to below 1.6C, according to a study that found keeping to 1.5C no longer possible.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-08-21 21:22
European carbon allowance prices were marginally weaker at midday after early strength was unwound when the weekly position data showed investment funds significantly cut their bearish bets, suggesting that the risk of a short squeeze has receded.
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G20 should improve uptake of biodiversity credits, UNEP FI says

Carbon Pulse - Wed, 2024-08-21 21:17
The G20 should support a credible market for biodiversity credits by taking measures to improve their uptake, the UN Environment Programme Finance Initiative (UNEP FI) has said.
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Malawi authorises ITMOs from cookstove carbon project

Carbon Pulse - Wed, 2024-08-21 21:16
Malawi’s Ministry of Natural Resources and Climate Change (MNRCC) has provided a Letter of Authorisation (LoA) that permit up to 1.4 million carbon credits to be issued to a cookstoves project in the country and then be correspondingly adjusted under Article 6.2 of the Paris Agreement.
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