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CP Daily: Wednesday January 3, 2024
Blue Carbon Consultant, GAIT – Hyderabad
First credits on US livestock carbon insetting marketplace sell for upwards of $30/tonne
WCI market observers question ARB modelling after Nov. 16 cap-and-trade workshop
US project finance firm invests $5 mln in startup biochar production facility
Aerial footage captures dramatic flooding in Loughborough as Storm Henk wreaks havoc – video
Heavy flooding plagued Loughborough in Leicestershire on Wednesday as hundreds of flood warnings were in place across the country. Dozens of homes were flooded when the Grand Union canal began overflowing. John Brailsford, 67, said: 'These are the worst floods I’ve seen in 38 years of living here. The river sometimes bursts its banks but that’s further away and we were told the canal would never flood. It’s very severe. I saw police, fire and ambulance crews all along the streets, some with dinghies which have been rescuing people'
Continue reading...Decarbonisation to drive heavy industry relocation -survey
US’s first large-scale offshore wind project produces power for first time
Vineyard Wind development, off Massachusetts coast, starts to deliver power to New England grid in moment hailed as ‘historic’
The US’s first large-scale offshore wind project, located off the coast of Massachusetts, has started producing power for the first time, delivering a boost to Joe Biden’s ambitions of a proliferation of coastal wind turbines to help combat the climate crisis.
The first wind turbine in the Vineyard Wind development started to whirr on Tuesday, delivering around five megawatts of power to the New England grid. The operator of the project said it expects to have five turbines operational in the early part of this year, before eventually having 62 turbines as part of the project, which will produce enough electricity to power 400,000 homes.
Continue reading...Carbon standard bursts onto the REDD+ market with bumper issuance
Czech ministries wrangle over ETS cash as EU nations face spending changes
Human activity is powering ‘a new industrial revolution’ at sea, say experts
Researchers using AI and satellite imagery find 75% of industrial fishing is not being publicly tracked, while wind turbines now outnumber oil platforms
Researchers have created the first global map of the industrial use of the ocean, using space technology and AI to reveal the emergence of a “new industrial revolution”.
A study led by Global Fishing Watch (GFW) and published in Nature found that 75% of the world’s industrial fishing vessels, mainly operating in Africa and south Asia, are “dark” or not publicly tracked. More than a quarter of the activity of transport and energy vessels is also missing from public tracking systems, it found.
Continue reading...INTERVIEW: AI technology helps map out the underground to get grids online faster
Researchers pitch global targets for wetlands conservation
Euro Markets: Midday Update
Ministers accused of breaking post-Brexit spending promise to English farmers
Exclusive: Figures show hundreds of millions of pounds from promised £2.4bn a year on agriculture not spent
The government has been accused of “breaking its promise” to English farmers, with hundreds of millions of pounds missing from the farming budget.
Ministers had promised that by the end of this parliament, they would spend £2.4bn a year on agriculture. This money was to replace the EU’s common agricultural policy, which paid farmers a hectare of land they managed. Instead, the government promised that farmers could improve the natural environment and be paid handsomely for delivering public goods, thus helping nature and keeping farms in business.
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