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NZ environment commissioner calls for forestry to be removed from ETS

Carbon Pulse - Fri, 2024-05-24 10:30
The New Zealand commissioner for the environment has joined a growing list of bodies calling for forestry to be removed from the country's emissions trading scheme.
Categories: Around The Web

WCI Markets: CCAs rally post-auction, WCAs remain illiquid

Carbon Pulse - Fri, 2024-05-24 09:55
California Carbon Allowance (CCA) prices rallied through the rescheduled Q2 auction as market participants looked to the forthcoming cap-and-trade workshop, while Washington Carbon Allowance (WCA) prices gained on significantly smaller volumes than the week prior.
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RGGI allowance surplus grew in 2023, report shows

Carbon Pulse - Fri, 2024-05-24 09:21
The RGGI carbon market saw its permit bank surplus expand slightly in 2023, according to a report published Thursday.
Categories: Around The Web

US court green lights oil major’s case against investor-driven climate action

Carbon Pulse - Fri, 2024-05-24 09:15
A US federal judge on Wednesday dismissed a request from an investment advisory firm to halt an oil major’s lawsuit against shareholders over their calls for stronger climate targets.
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Republican state AGs ask US Supreme Court to prohibit fossil fuel damages lawsuits

Carbon Pulse - Fri, 2024-05-24 08:58
A group of 19 US Republican state attorneys generals (AGs) filed a petition Wednesday asking the nation's highest court to prohibit efforts by Democratic-led states to hold oil producers financially liable for the climate impacts of fossil fuels.
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Why knock down all public housing towers when retrofit can sometimes be better?

The Conversation - Fri, 2024-05-24 06:13
Our research shows decisions on the fate of public housing towers that are based on a proper process of considering all the evidence could go either way: demolish and rebuild, or retrofit. Trivess Moore, Associate Professor, School of Property, Construction and Project Management, RMIT University David Kelly, Vice Chancellor's Postdoctoral Fellow, RMIT University Ralph Horne, Associate Deputy Vice Chancellor, Research & Innovation, College of Design & Social Context, RMIT University Robert Crawford, Professor of Construction and Environmental Assessment, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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A new ruling says countries – including NZ – must take action on climate change under the law of the sea

The Conversation - Fri, 2024-05-24 06:13
Any decision to authorise offshore drilling and other activities contributing to climate change will now need to be assessed under the law of the sea in addition to international climate agreements. Karen Scott, Professor in Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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INTERVIEW: Puro CEO sees strong but bounded role for carbon removals in compliance markets

Carbon Pulse - Fri, 2024-05-24 04:20
Carbon removals (CDR) could contribute meaningfully to compliance carbon pricing systems but they should be limited to a certain percentage of total emissions permits and may be subdivided by durability, Puro.earth CEO Antti Vihavainen told Carbon Pulse.
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Cambridge scientists latest to claim ‘green cement’ crown

Carbon Pulse - Fri, 2024-05-24 03:19
Boffins from Cambridge University in the UK have become the latest to claim the green cement mantle with their idea of “electric recycling of Portland cement” featuring on BBC news this week, adding to the growing band of innovators seeking an emissions solution for the hard-to-abate industry.
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Zero Carbon Systems buys DAC startup Global Thermostat for “tens of millions of dollars”

Carbon Pulse - Fri, 2024-05-24 02:22
Zero Carbon Systems has acquired Global Thermostat, one of the first direct air capture (DAC) startups, in a deal valued at tens of millions of dollars.
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UK fund secures £20 mln for early-stage climate tech ventures in Europe

Carbon Pulse - Fri, 2024-05-24 02:06
A UK venture capital firm has successfully closed a £20 million funding round to invest in European pre-seed and seed-stage companies developing scientific solutions for decarbonisation.
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RePlanet announces partnership to create blockchain biodiversity credits marketplace

Carbon Pulse - Fri, 2024-05-24 01:49
A blockchain marketplace for enabling transparent sales of biodiversity credits is almost ready to begin selling, following a partnership between credit developer RePlanet with a certification organisation and a blockchain company, Carbon Pulse has learned.
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Hungary to prioritise green transition when holding EU presidency

Carbon Pulse - Fri, 2024-05-24 01:19
Hungary’s energy and climate minister said the country will focus on advancing the green transition across the 27-nation bloc, as among the top climate and energy priorities during its turn with the EU presidency from July until year end.
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Atlantic to get 'extraordinary' hurricane season

BBC - Fri, 2024-05-24 00:50
There could be up to seven major hurricanes of category three or higher this season, many more than usual.
Categories: Around The Web

Petrobras presses on with support for nature-based voluntary carbon projects

Carbon Pulse - Fri, 2024-05-24 00:35
Nature-based voluntary carbon projects, such as reforestation in the Amazon, are cost-effective and critical for the planet with known and manageable risks, with Petrobras now developing its credit strategy focused on the sector, an executive of a Brazilian oil company told a conference Thursday.
Categories: Around The Web

NatureMetrics launches free business performance scoring tool

Carbon Pulse - Thu, 2024-05-23 23:47
Biodiversity monitoring company NatureMetrics has launched a free tool for businesses to score their nature performance by answering a series of questions.
Categories: Around The Web

UK ETS consults on integrating carbon removals

Carbon Pulse - Thu, 2024-05-23 23:15
Britain would place supply controls on greenhouse gas removals (GGRs), while keeping the gross cap that is in place for UK Allowances (UKAs), in the early years of their potential integration into the ETS, as proposed in a public consultation launched Thursday.
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