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Major Asian banks lack coal exclusion policy, continue to finance polluting projects -report

Carbon Pulse - Wed, 2024-01-24 02:03
Most leading banks in the Asian continent still include coal in their investment portfolios and continue to make investments in "climate destruction", according to a report released Tuesday.
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New coffee genetic map promises better brews

BBC - Wed, 2024-01-24 02:02
The discovery reveals how Arabica coffee got its sweet flavour and may help future-proof the drink.
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SBTN pilot reveals benefits, challenges of targeting nature

Carbon Pulse - Wed, 2024-01-24 00:52
The Science-based Targets Network (SBTN) released a report on Monday highlighting the benefits and challenges experienced by the first cohort of companies when piloting targets for nature.
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North Macedonia, Serbia face challenges in aligning climate goals with EU -report

Carbon Pulse - Wed, 2024-01-24 00:35
North Macedonia and Serbia face challenges as they work on aligning their climate and energy goals with those of the EU, with the aim of eventually joining the bloc as members, according to a report published on Tuesday.
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EUA price declines likely to be temporary as bloc prepares to price carbon content of imports –analysts

Carbon Pulse - Wed, 2024-01-24 00:06
Declines in the European price of carbon below current levels are likely to be temporary as the EU ramps up preparations to impose a cost of emissions on imported products from 2026, according to analysts.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-01-23 22:43
European carbon prices rose steeply early on Tuesday morning to fill a technical gap, before giving up most of their gains as the market digested a sharp cut in analyst price forecasts for the short and medium term.
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Five examples of the UK’s crackdown on climate protesters

The Guardian - Tue, 2024-01-23 22:06

As UN expert says UK’s actions are chilling and regressive, we look at some of the cases

The UN special rapporteur on environmental defenders Michel Forst has said the UK’s crackdown on climate protesters is chilling, regressive and a restriction on fundamental freedoms.

We look at some of the cases:

Defendants on trial for peaceful protest were forbidden from mentioning the words climate change, fuel poverty or the civil rights movement when they were on trial for public nuisance. Several people, including a social worker, David Nixon, and the Dorset councillor Giovanna Lewis, were jailed for contempt of court when they defied the restrictions to explain their motivations for taking action to the jury.

A retired social worker, Trudi Warner, is being prosecuted for contempt of court for holding up a sign outside a court defending the right of juries to decide a case on their conscience. The decision to prosecute was made by the then solicitor general Michael Tomlinson KC, a minister and the Conservative MP for Mid Dorset and North Poole.

Stephen Gingell, 57, was jailed for six months after pleading guilty to taking part in a peaceful slow march protest on a London road. The sentence is thought to be the first jailing under the Public Order Act 2023, which includes an offence of “interference with key national infrastructure”. Gingell is appealing.

Civil injunctions have been issued to hundreds of individuals. National Highways has injunctions covering 4,300 miles of motorways and major A roads. Anyone who breaches this injunction faces imprisonment and/or an unlimited fine. Any corporation can apply for a civil injunction, and individuals can be punished without a trial.

Marcus Decker and Morgan Trowland made history as the peaceful protesters who have received the longest jail sentences in modern history in the UK when they were sentenced to two years and seven months, and three years respectively for public nuisance. They climbed the Queen Elizabeth II bridge over the Dartford Crossing and unveiled a banner for Just Stop Oil in 2022. The longest jail term issued to the suffragettes was three months.

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UN expert condemns UK crackdown on environmental protest

The Guardian - Tue, 2024-01-23 21:34

UN special rapporteur on environmental defenders says he is seriously concerned about ‘regressive new laws’

A severe crackdown on environmental protest in Britain with “draconian” new laws, excessive restrictions on courtroom evidence and the use of civil injunctions is having a chilling impact on fundamental freedoms, the United Nations special rapporteur has said.

As the world faces a triple planetary crisis of climate change, biodiversity loss and pollution, environmental protesters were acting for the “benefit of us all” and must be protected, Michel Forst, the UN special rapporteur on environmental defenders, said on Tuesday.

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Landbanking Group releases consultation paper on new nature asset class

Carbon Pulse - Tue, 2024-01-23 21:10
German-based tech startup Landbanking Group has released a consultation paper ahead of a planned launch of a new nature asset class in a bid to foster investments in ecosystem preservation, restoration, and improvement.
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India seeks to align domestic carbon market with EU ETS -media

Carbon Pulse - Tue, 2024-01-23 21:02
India is planning to ask the EU for measures to help align its upcoming domestic carbon market with that of the EU emissions trading system at the trade negotiations scheduled for next month, Bloomberg reported Tuesday, citing anonymous sources.
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Shell veteran becomes CEO of large ESG solutions player

Carbon Pulse - Tue, 2024-01-23 20:43
A Shell veteran has been appointed chief executive of a global environmental solutions service provider that saw revenues of almost $6 billion last year.
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Cookstove carbon offsets overstate climate benefit by 1,000%, study finds

The Guardian - Tue, 2024-01-23 20:00

Cookstove projects are one of the fastest-growing carbon offset schemes but research finds carbon benefits are vastly overstated

Clean cookstove projects, one of the most popular types of carbon-offset schemes, are probably overstating their beneficial impact on the climate by an average of 1,000%, according to a new study.

Every year, an estimated 3.2 million people die prematurely from household air pollution caused by cooking with smoky fuels such as wood, paraffin or kerosene, which produce about 2% of global greenhouse gas emissions.

Find more age of extinction coverage here, and follow biodiversity reporters Phoebe Weston and Patrick Greenfield on X for all the latest news and features

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Cookstove study identifying “pervasive over-crediting” passes peer review

Carbon Pulse - Tue, 2024-01-23 20:00
After passing peer review, a journal version of an academic pre-print study that said it found over-crediting in cookstove offset projects last year has renewed its criticism of over-estimation of issuances in the same project methodologies, but by a much higher factor.
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