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Non-EU shipping companies struggle to navigate ETS rules in tight timeframe

Carbon Pulse - Thu, 2024-02-08 00:18
The European Commission’s list of shipping companies and assigned countries for participating in the EU ETS is causing administrative burdens for firms outside the bloc - with little time in which to navigate the new rules.
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Energy transition fund for developing countries receives EIB backing

Carbon Pulse - Thu, 2024-02-08 00:01
A blended finance fund dedicated to investing in clean energy and infrastructure in developing countries has received $282 million of commitments, bolstered by a recent investment from the European Investment Bank (EIB).
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Tumbling biochar prices tap into growing demand in nascent carbon removals market

Carbon Pulse - Wed, 2024-02-07 23:32
Crashing prices have boosted interest in biochar credits in the nascent carbon removal market, although big ticket punts have catapulted direct air capture (DAC) as well as bioenergy with carbon capture and storage (BECCS), into the limelight and skewed emerging drivers of demand, a review of 2023 has revealed.
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CN Markets: CEA price goes up, volumes down as market prepares for week-long Lunar New Year break

Carbon Pulse - Wed, 2024-02-07 22:53
Allowance prices in China's carbon market moved up over the past four trading days despite recent regulatory news, while only hundreds of credits changed hands in the national offset market amid diminishing demand.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-02-07 22:26
European carbon prices were little changed on Wednesday morning as the lack of a daily auction and inconclusive weekly position data failed to offer any impetus to the market while mixed energy markets also failed to give any direction, setting EUAs up to return the narrowest daily trading range in nearly three years.
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Danish agtech startup buys UK-based farm management software company to boost soil carbon efforts

Carbon Pulse - Wed, 2024-02-07 21:31
A Danish tech startup specialising in regenerative agriculture finance and technology has acquired a UK-based farm management software business that has thousands of farmer clients across more than 100 countries.
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This is the year of the climate election. Journalists should cover it that way | Mark Hertsgaard and Kyle Pope

The Guardian - Wed, 2024-02-07 21:01

The press is covering the 2024 campaign as if climate isn’t on the ballot, but 56% of US voters are ‘concerned’ or ‘alarmed’ about the crisis

Fact one: more voters face national elections in 2024 than ever before in recorded history – about 4 billion people, nearly half the human population.

Fact two: last year was the hottest in recorded history – and scientists warn that oil, gas and coal burning must be rapidly phased out if we are to preserve a livable planet.

Mark Hertsgaard is executive director and co-founder of Covering Climate Now, a global journalism collaboration committed to more and better coverage of the climate story, and the Nation magazine’s environment correspondent

Kyle Pope is executive director of strategic initiatives and co-founder of Covering Climate Now, and a former editor and publisher of the Columbia Journalism Review

This article is published here as part of the global journalism collaboration Covering Climate Now

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Joe Biden just did the rarest thing in US politics: he stood up to the oil industry | Bill McKibben

The Guardian - Wed, 2024-02-07 21:01

The Biden administration suspended new permits for natural gas terminals. Can we see more of this kind of backbone?

Ten days ago Joe Biden did something remarkable, and almost without precedent – he actually said no to big oil.

His administration halted the granting of new permits for building liquefied natural gas (LNG) export terminals, something Washington had been handing out like M&Ms on Halloween for nearly a decade. It’s a provisional “no” – Department of Energy experts will spend the coming months figuring out a new formula for granting the licenses that takes the latest science and economics into account – but you can tell what a big deal it is because of the howls of rage coming from the petroleum industry and its gaggle of politicians.

Bill McKibben is the founder of Third Act, which organizes Americans over 60 for progressive action and which worked this fall to persuade the administration to stop granting the LNG permits

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Environment Agency failed to protect River Wye from chicken waste, court to hear

The Guardian - Wed, 2024-02-07 20:14

Campaigners argue in legal challenge that loophole has allowed poultry farmers to pollute river

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The Environment Agency and the UK government failed to protect the River Wye from catastrophic decline by allowing pollution from industrial chicken farming to saturate the land and devastate the protected river, a legal challenge is to argue.

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Flights of fancy: starling murmurations – in pictures

The Guardian - Wed, 2024-02-07 20:04

The Danish photographer Soren Solkær first saw starling murmurations as a child near Wadden Sea in the south of the country. After photographing the phenomenon for three years in the marshlands of Denmark, Solkær’s new work, Starling, published by Edition Circle, expands his scope to trace the birds along their migration routes to the Netherlands and Italy

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Australia’s biggest mining region needs 10x the renewable commitment made at COP28 to decarbonise

Carbon Pulse - Wed, 2024-02-07 17:59
The International Energy Agency's recommendation that renewable energy installation be tripled by the end of the decade would be a drop in a vast ocean at one of Australia’s more emissions-intense regions, and the scale needed is not yet close to get decarbonisation across the line.
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Starry skies over South Downs national park: astrophotography competition – in pictures

The Guardian - Wed, 2024-02-07 17:10

This year, photographers had the chance to win up to £100 for capturing a striking image of the night sky over South Downs national park, England, in one of three categories: Starry skyscapes, Nature at night and Magnificent moon

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Environment charities lag behind other UK sectors in racial diversity, study finds

The Guardian - Wed, 2024-02-07 17:00

‘Huge disconnect’ between employers’ public ambitions on diversity and their actions, say workers

Workers at environmental charities have said bold words on inclusion are not being matched with action, as research shows the sector still lags far behind others in racial diversity.

Only about one in 20 workers in the environmental charity sector identified as an ethnic minority last year, according to a survey of organisations, compared with one in eight in the wider UK workforce.

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Oil spills and fading glaciers: a beautiful world in peril – in pictures

The Guardian - Wed, 2024-02-07 17:00

A huge retrospective of Canadian photographer Edward Burtynsky’s work showcases the terrifying, but oddly beautiful marks we can leave on the planet

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Cambodia to study carbon credit tokenisation, eyes exchange

Carbon Pulse - Wed, 2024-02-07 16:33
The government of Cambodia has decided to study the potential of combining the concept of securities token offering (STO) with carbon credits, with an exchange reportedly to be introduced later this year.
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UK minister for building pylons loses role after campaigning against them

The Guardian - Wed, 2024-02-07 16:00

Andrew Bowie wrote last year that concerns among his constituents about new pylons were ‘a priority’

The UK minister responsible for the building of new pylons has been quietly reshuffled after it emerged he had campaigned against the structures in his own constituency.

The energy minister Andrew Bowie had been in charge of energy networks, including building pylons, since he took up his post in February 2023.

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