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Canadian provincial pension manager creates C$1 bln fund focused on energy transition

Carbon Pulse - Sat, 2024-02-03 06:54
A large Canadian pension manager launched Thursday a C$1 billion ($785 million) fund investing in industrial decarbonisation, renewable fuels, electrification, as well as energy storage and efficiency, among other energy transition themes.
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Scientists warn against over-reliance on CO2 removal in climate action strategies

Carbon Pulse - Sat, 2024-02-03 06:42
Scientists have issued a stark warning about the potential consequences of heavily relying on large-scale, land-based CO2 removal (CDR) strategies as a means to avoid immediate and significant reductions in global greenhouse gas emissions.
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Climate activists including Greta Thunberg acquitted over London protest – video

The Guardian - Sat, 2024-02-03 03:58

Greta Thunberg and four others charged with public order offences over a protest in London have been cleared after a judge ruled that they had no case to answer. Thunberg was charged alongside Christofer Kebbon, Joshua James Unwin, Jeff Rice and Peter Barker with 'failing to comply with a condition imposed under section 14 of the Public Order Act'.

They had been taking part in a protest outside the InterContinental hotel in Mayfair, the venue for the Energy Intelligence Forum (EIF), a fossil fuel industry summit attended by corporate executives and government ministers

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The Guardian view on Labour’s £28bn green deal: don’t prove Tories right by ditching it | Editorial

The Guardian - Sat, 2024-02-03 03:53

Sir Keir Starmer wants to change his country for the better. That won’t happen if he drops his key industrial strategy for growth

Sir Keir Starmer promised that his green prosperity plan would be a manifesto commitment ahead of the next election. Labour’s proposal was to be the centrepiece of its economic offer to generate growth, create well-paid, secure jobs and reduce greenhouse gas emissions. It was striking, exciting and popular. In mid-January, the party leader told the BBC’s Laura Kuenssberg that spending £28bn by the end of the next parliament would make the UK secure in energy and lower household bills.

If a week is a long time in politics, then a fortnight might be called an era. Sir Keir’s plan appears to have gone up in smoke. If so, that’s bad news for the environment and the economy. Inadequate public and private spending is holding back growth while there is a crying need for investment to decarbonise the UK. Other countries are already eyeing up the opportunities. New green industries could be worth $10tn to the global economy by 2050. Britain risks being left behind.

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More than 900 mln carbon credits under review for high-integrity CCP label

Carbon Pulse - Sat, 2024-02-03 03:49
Some 905 million carbon credits could be in line to be awarded the ICVCM’s Core Carbon Principles (CCPs) high-integrity stamp in an initial review of methodologies, the stakeholder initiative revealed to Carbon Pulse.
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Labour scrapping £28bn green pledge could leave UK colder, sicker and poorer

The Guardian - Sat, 2024-02-03 03:04

Decision to abandon key policy decried as ‘economically illiterate’ reaction to short-term political pressures

Colder, damper, sicker, poorer and less employed: Britons in the near future are likely to be worse off if the next government fails to invest in a cleaner and greener economy, business experts and green campaigners have said.

Economic revival requires investment, and the UK’s crumbling infrastructure needs renewal. The country faces a choice: decline, as businesses and financial investors go elsewhere to find welcoming governments and the regulations, equipment and skills they seek; or investment in the future.

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*Team Lead (m/f/d), Carbon Markets and Pricing, adelphi – Berlin

Carbon Pulse - Sat, 2024-02-03 03:03
*PREMIUM LISTING - adelphi’s Carbon Markets and Pricing Team is one of the world’s foremost knowledge hubs supporting the global spread of carbon pricing as a key tool to reduce emissions cost-efficiently. At this time, we are looking for an experienced climate or energy policy specialist who can co-lead our dynamic, international team of 15+ analysts alongside our existing team lead.
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Judge throws out case against Greta Thunberg and other London protesters

The Guardian - Sat, 2024-02-03 02:57

Court rules not enough evidence provided to prove defendants failed to comply with section 14 order at anti-fossil fuel rally

Greta Thunberg and four others charged with public order offences over a protest in London have been cleared after a judge ruled that they had no case to answer.

Thunberg was charged alongside Christofer Kebbon, Joshua James Unwin, Jeff Rice and Peter Barker with “failing to comply with a condition imposed under section 14 of the Public Order Act”.

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Alberta TIER market credit prices inch up in January amidst oversupply

Carbon Pulse - Sat, 2024-02-03 02:52
Spot credit prices under the Alberta Technology Innovation and Emission Reduction (TIER) programme in January ticked up following two months of stagnation, despite an oversupply issue plaguing the market, a report published Thursday said.
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EU-funded research to model green industrial transition

Carbon Pulse - Sat, 2024-02-03 02:23
A group of researchers receiving EU support has begun work on an interactive model to describe how different green policy and investment scenarios transform EU industry from 1990-2070, as the EU shifts into the implementation phase of its flagship Green Deal.
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Chevron, ExxonMobil report drop in income as output increases

Carbon Pulse - Sat, 2024-02-03 01:11
US oil majors Chevron and ExxonMobil reported their full-year earnings on Friday, with both posting a drop in income as oil prices fell, after a year in which the companies’ commitments to cut emissions were juxtaposed with record domestic production levels.
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California’s full year power emissions in 2023 end at decade lows

Carbon Pulse - Sat, 2024-02-03 00:42
California electricity sector CO2 emissions in December and for full year 2023 maintained the trend of sitting at decade lows, even as the share of natural gas power supply remained near record highs, data published Thursday showed.
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Stop looking for loopholes, UN warns, after Saudi hints end of fossil fuels ‘just one option’

The Guardian - Fri, 2024-02-02 23:00

UN climate chief says ‘torrents, not trickles’ of public and private finance needed to meet global challenge

Governments must not try to pick loopholes in the global agreement to “transition away” from fossil fuels reached last December, the UN’s climate chief has said, as he called for “torrents” of cash for poorer countries to tackle the crisis.

Some countries have sought to play down the significance of the deal reached at the Cop28 UN climate summit in Dubai, the first time that governments have made such a pledge on oil and gas.

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If women’s football cares about the climate crisis it must cut ties with Barclays | Katie Rood

The Guardian - Fri, 2024-02-02 23:00

As a professional footballer I see the climate crisis killing my sport and believe we have a duty to act accordingly

When I play football I feel free from the worries of day-to-day life. But as a young person living in a climate and environmental crisis, these worries have become increasingly hard to ignore. This has been made even harder by the fact that the climate crisis is killing my sport, and one of the companies most responsible is plastering its name all over football in England to distract from what it is doing.

As a professional footballer, I’ve had the privilege of representing my country, New Zealand, 15 times. From being a champion of Italy with Juventus to playing most recently for Hearts in the Scottish Women’s Premier League, I have been lucky enough to experience football in a variety of settings. The goal was always to use football as a means to experience the world, but it turns out the world I’ve been experiencing isn’t what I thought it would be.

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Delays in cleaning up EU air will cause thousands more early deaths, say health experts

The Guardian - Fri, 2024-02-02 22:46

Respiratory scientists say inaction will ‘widen inequality gap’ between eastern and western Europe

Proposed delays to EU air pollution limits will mean hundreds of thousands more people dying early and will “widen the inequality gap” between eastern and western Europe, a group of public health experts have said, as EU negotiators thrash out key rules to clean up the air.

The World Health Organization has set guidelines for how many tiny particles and how much toxic gas can dirty the air, but stressed that no level of pollution is safe to breathe. Doctors writing in the International Journal of Public Health want the limits met by the end of the decade, but the European parliament wants to wait till 2035, the European Commission wants to set weaker limits for 2030 without setting a date to align with the WHO, and the European Council wants to let poorer countries wait till 2040.

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-02-02 22:29
European carbon prices shook off the weakest German auction of the year to date to trade slightly above a key technical level that has acted as a fulcrum for the market for the last two weeks, as energy markets were mixed amid continued conflicting pressures.
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In a world built by plutocrats, the powerful are protected while vengeful laws silence their critics | George Monbiot

The Guardian - Fri, 2024-02-02 22:23

In the UK and around the world, those who challenge rich corporations are being hounded and crushed with ever-more inventive penalties

Why are peaceful protesters treated like terrorists, while actual terrorists (especially on the far right, and especially in the US) often remain unmolested by the law? Why, in the UK, can you now potentially receive a longer sentence for “public nuisance” – non-violent civil disobedience – than for rape or manslaughter? Why are ordinary criminals being released early to make space in overcrowded prisons, only for the space to be refilled with political prisoners: people trying peacefully to defend the habitable planet?

There’s a simple explanation. It was clearly expressed by a former analyst at the US Department of Homeland Security. “You don’t have a bunch of companies coming forward saying: ‘I wish you’d do something about these rightwing extremists.’” The disproportionate policing of environmental protest, the new offences and extreme sentences, the campaigns of extrajudicial persecution by governments around the world are not, as politicians constantly assure us, designed to protect society. They’re a response to corporate lobbying.

George Monbiot is a Guardian columnist

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INTERVIEW: EU CBAM to clean up corporate supply chain, promote insetting

Carbon Pulse - Fri, 2024-02-02 21:59
The rollout of the EU’s Carbon Border Adjustment Mechanism (CBAM) could encourage companies to further engage with decarbonising their supply chain through the process of insetting, said a carbon management platform that helps companies measure and report on their emissions.
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CBL reinstates eligibility of Kasigau REDD carbon credits for N-GEO spot standard

Carbon Pulse - Fri, 2024-02-02 21:27
Carbon credits from the two Kasigau Corridor REDD avoided deforestation projects can again be delivered into CBL’s N-GEO spot contract, the exchange said Friday, following news that Verra has completed its review of the Kenyan projects that were mired by allegations of sexual offences by staff and improper employment practices.
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‘Edible meadow’ for improved gut health to feature at Chelsea flower show

The Guardian - Fri, 2024-02-02 21:18

Flowers used in the ‘microbiome garden’ can enhance gut health by being eaten or just walked past

An “edible meadow” designed to improve gut health is to be displayed at the Chelsea flower show this year.

The two gardeners behind the “microbiome garden” say it will be filled with flowers that can enhance gut health by being eaten or just walked past.

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