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UK banks invested £1 bln in ‘forest risk’ companies, undermining national pledge -report

Carbon Pulse - Wed, 2024-10-16 14:01
UK banks have invested more than £1 billion in companies tied to deforestation risks worldwide since COP26, defying the country’s 2021 Glasgow climate commitments, according to analysis released on Wednesday.
Categories: Around The Web

Mysterious black balls have washed up on Sydney’s Coogee beach. Are they the result of an oil spill, or something else?

The Conversation - Wed, 2024-10-16 13:27
There’s a good chance the objects on Coogee beach are not, as some have suggested, tar balls. But in any case, they pose a potential risk and authorities are right to close the beach. Sharon Hook, Principal Research Scientist, CSIRO Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Social media footage reveals little-known ‘surfing’ whales in Australian waters

The Conversation - Wed, 2024-10-16 13:12
By tapping into observations of Bryde’s whale shared on social media, we found evidence of feeding and “surfing” behaviours possibly never documented before. Vanessa Pirotta, Postdoctoral Researcher and Wildlife Scientist, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Oregon approves state forest for carbon crediting programme

Carbon Pulse - Wed, 2024-10-16 11:50
The US state’s land board unanimously adopted on Tuesday a proposed management plan for a local forest to earn revenues through the sale of carbon credits.
Categories: Around The Web

RGGI Market: RGAs briefly reverse slide in thin trade

Carbon Pulse - Wed, 2024-10-16 11:01
RGGI Allowance (RGA) prices in the secondary market briefly caught a headwind over the past week to reverse a sell-off since the market administrator released programme updates.
Categories: Around The Web

Hawaii Supreme Court ruling shields insurer from paying out climate damages

Carbon Pulse - Wed, 2024-10-16 10:56
A major US insurance company notched a win in a Hawaii Supreme Court ruling that found a policy issued to an oil and gas company does not cover damages from greenhouse gas (GHG) emissions.
Categories: Around The Web

IRA funding expected to add $238 bln to US GDP in first 2 years -report

Carbon Pulse - Wed, 2024-10-16 09:25
In the first two years since its implementation, the Inflation Reduction Act (IRA) is expected to add $237.5 billion to the US gross domestic product (GDP), an industry group modelled Tuesday.
Categories: Around The Web

Conservation group to launch US nature-based carbon credit auction in 2025

Carbon Pulse - Wed, 2024-10-16 09:21
A national conservation group announced on Tuesday plans to hold its first auction for nature-based carbon credits in February 2025 – the first of its kind in the US, according to their statement.
Categories: Around The Web

US EPA reports 2023 emissions from stationary sources down 4% YoY

Carbon Pulse - Wed, 2024-10-16 09:19
The US Environmental Protection Agency (EPA) released 2023 greenhouse gas (GHG) data Tuesday showing that direct emissions from large stationary sources were down 4% year-on-year (YoY).
Categories: Around The Web

Canadian carbon credit financier acquires 50% stake in US-based CO2 sequestration project

Carbon Pulse - Wed, 2024-10-16 09:15
A Vancouver-headquartered project developer has signed a deal to acquire a 50% equity stake in a US-based carbon sequestration project.
Categories: Around The Web

Experts warn against relaxing EU’s anti-deforestation regulation

Carbon Pulse - Wed, 2024-10-16 08:01
Europe should reward sustainable forestry practices rather than profit-seeking from logging activities, researchers have said, echoing calls from left-wing lawmakers in the European Parliament who reject a recent proposal to delay the EU's anti-deforestation regulation by one year.
Categories: Around The Web

Quebec emissions decline YoY in 2023, but exceed annual cap for sixth straight year

Carbon Pulse - Wed, 2024-10-16 07:37
Quebec greenhouse gas (GHG) emissions in 2023 dropped year-on-year (YoY), but still surpassed the province's ETS cap for the sixth consecutive year, according to government data released Friday.
Categories: Around The Web

EU ministers want lower energy prices and an end to all Russian gas imports

Carbon Pulse - Wed, 2024-10-16 05:36
Energy ministers agreed on Tuesday that the EU needs to ramp up efforts to tackle high energy prices, with a majority also calling for an end to Russian LNG imports that are still managing to make their way into the EU.
Categories: Around The Web

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