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South Korea prepares for blue carbon trading programme, seaweed methodology

Carbon Pulse - Fri, 2024-10-11 17:25
An affiliate under South Korea's ocean ministry is preparing measures to increase the country's blue carbon resources, with focus on the introduction of an offset programme and the cultivation of seaweeds.
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EXCLUSIVE: ACX moves voluntary carbon clearing house to Singapore from UAE

Carbon Pulse - Fri, 2024-10-11 17:00
ACX has moved its clearing house to Singapore from Abu Dhabi to better deal with the 'realities' of the voluntary carbon market, the exchange operator told Carbon Pulse, as it unveils an updated trading platform.
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Week in wildlife in pictures: a diva beaver, 100 hungry raccoons and the fattest bear

The Guardian - Fri, 2024-10-11 17:00

The best of this week’s wildlife photographs from around the world

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Researchers release yet another study damning Australia’s human-induced regeneration carbon credits

Carbon Pulse - Fri, 2024-10-11 16:47
Another peer-reviewed paper has found “extreme levels of non-compliance” in Australian human-induced regeneration (HIR) projects, despite the Clean Energy Regulator (CER) continuing to claim the carbon credit scheme is sound.
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Labour’s carbon-capture scheme will be Starmer’s white elephant: a terrible mistake costing billions | George Monbiot

The Guardian - Fri, 2024-10-11 15:00

The supposedly green project – brainchild of the previous Tory government – will increase emissions, not reduce them

This will be Keir Starmer’s HS2: a hugely expensive scheme that will either be abandoned, scaled back or require massive extra funding to continue, after many billions have been spent. The government’s plan for carbon capture and storage (CCS) – catching carbon dioxide from major industry and pumping it into rocks under the North Sea – is a fossil fuel-driven boondoggle that will accelerate climate breakdown. Its ticket price of £21.7bn is just the beginning of a phenomenal fiscal nightmare.

There might be a case for a CCS programme if the following conditions were met. First, that the money for cheaper and more effective projects had already been committed. The opposite has happened. Labour slashed its green prosperity plan from £28bn a year to £15bn, and with it a sensible and rational programme for insulating 19m homes.

George Monbiot is a Guardian columnist

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Australia’s Clean Energy Regulator consults on ACCU registry, exchange

Carbon Pulse - Fri, 2024-10-11 14:31
Australia’s Clean Energy Regulator has launched a consultation on its Australian Carbon Credit Unit (ACCU) registry and exchange currently in development.
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'I felt like I was about to die': survivors of Hurricane Milton tell their stories – video

The Guardian - Fri, 2024-10-11 13:07

Some Florida residents rode out Hurricane Milton despite evacuation orders, staying in their homes after the second major hurricane in two weeks. Milton slammed into Florida as a category 3 storm, killing at least 10 people, spawning tornadoes and leaving more than 3 million homes and businesses without power

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Why hurricanes like Milton in the US and cyclones in Australia are becoming more intense and harder to predict

The Conversation - Fri, 2024-10-11 11:35
With Hurricanes Helene and Milton reminding us of the destructive force of such storms, the tropical cyclone forecast for Australia is for an average number but with a higher risk of severe cyclones. Andrew Dowdy, Principal Research Scientist in Extreme Weather, The University of Melbourne Liz Ritchie-Tyo, Professor of Atmospheric Sciences, Monash University Savin Chand, Senior Lecturer, Applied Mathematics and Statistics, Federation University Australia Licensed as Creative Commons – attribution, no derivatives.
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WCI Markets: CCA secondary market activity intensifies awaiting ARB next steps

Carbon Pulse - Fri, 2024-10-11 10:53
Futures and options trade of California Carbon Allowances (CCA) surged across ICE and Nodal exchanges over the five day stretch as markets await programme updates, while muted activity in Washington Carbon Allowances (WCA) continued through the period.
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Hurricane Milton: US Coast Guard rescues man clinging to ice chest in Gulf of Mexico – video

The Guardian - Fri, 2024-10-11 09:18

The man was aboard a fishing vessel that became disabled off Madeira Beach, Florida, hours before Hurricane Milton made landfall, a Coast Guard press officer says. The man was able to radio the Coast Guard in nearby St Petersburg before contact was lost

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Brown bear in Kent recovering well after UK-first brain surgery

The Guardian - Fri, 2024-10-11 08:33

Conservation trust says Boki ‘not out of the woods’ yet but doing well after operation to drain buildup of fluid

A brown bear that underwent brain surgery in the first operation of its kind in the UK is doing well but is “not out of the woods” yet, a charity has said.

Boki went under the knife on Wednesday after an MRI scan revealed he had hydrocephalus, a buildup of fluid in the brain.

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Industry members call for strengthened 45Q incentives to support CCS

Carbon Pulse - Fri, 2024-10-11 08:28
The US carbon capture and storage (CCS) sector needs higher credit values and certainty beyond the current crediting timeline to catalyse growth, conference attendees heard this week.
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Activating investment in Chilean carbon projects will require ‘signals of clarity,’ IETA rep says

Carbon Pulse - Fri, 2024-10-11 08:10
Chilean climate policies must send clear signals of stability in order to unleash additional investments and unlock the country’s potential for nature-based projects, an IETA representative said Wednesday.
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INTERVIEW: US SAF deployment slowed by regulatory inefficiencies

Carbon Pulse - Fri, 2024-10-11 08:08
Current US policy incentives fall short of supporting sustainable aviation fuel (SAF) rollout, prompting producers to target markets with mandates in the near-term, industry members told Carbon Pulse.
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