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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-02-23 23:09
EU carbon prices set yet another 31-month low in Friday morning trade as selling pressure in both carbon and natural gas continued to steadily weigh on the markets as participants saw little sign of any let-up in the decline and a bank analyst lowered their end-of-year price forecast.
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Human population density does not directly impact mangrove carbon stocks -study

Carbon Pulse - Fri, 2024-02-23 23:06
Human population density has a “negative association” with carbon stocks present in mangrove soil and is therefore not a good measure of understanding the effects of mankind on these ecosystems, research has found.
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Astronomers crack 37-year cosmic 'murder mystery'

BBC - Fri, 2024-02-23 23:01
Scientists say they have discovered what lies at the heart of the cosmos's most famous explosion.
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Astronomers crack 37-year cosmic 'murder mystery'

BBC - Fri, 2024-02-23 23:01
Scientists say they have discovered what lies at the heart of the cosmos's most famous explosion.
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Investors should pressure large advertising companies to refuse to work for environmentally damaging clients -think tank

Carbon Pulse - Fri, 2024-02-23 23:00
Investors in publicly listed advertising holding companies should hold them to greater account over their carbon-intensive clients, says a report about the environmental impact of the industry.
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UK developer prepares for freshwater credits with river index pitch

Carbon Pulse - Fri, 2024-02-23 22:19
A UK-based project developer is workshopping a ‘living rivers index’, scoring the biodiversity value of stretches of waterways to help lay the way for freshwater credits.
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CN Markets: CEA, CCER volumes continue to drop amid sluggish demand

Carbon Pulse - Fri, 2024-02-23 20:38
Trading in China’s carbon market has remained muted after the recent holiday with relatively low liquidity amid sluggish demand, even as the spot allowance price reached the highest level since the beginning of the year.
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PREVIEW: Biodiversity to take centre stage at UN Environment Assembly amid calls for urgent action

Carbon Pulse - Fri, 2024-02-23 19:25
Hastening the implementation of the Kunming-Montreal Global Biodiversity Framework (GBF) through updating national strategies, mobilising nature finance, and enhancing cooperation between biodiversity-related conventions will be among the core topics of discussion at the 6th UN Environment Assembly (UNEA) next week, as the world's top decision-making body on the environment gathers for the first time since the landmark agreement was sealed in 2022.
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Botanical gardens ‘most effective’ green space at cooling streets in heatwaves

The Guardian - Fri, 2024-02-23 19:00

Researchers hope the findings will inform policymakers planning cities for a warming world

Few things are as soothing on a hot summer’s day as a walk through a beautiful botanical garden, but they are not just oases of calm. As climate breakdown fuels soaring temperatures, they could prove crucial in moderating the heat in the streets around them.

A comprehensive review of research into the heat-mitigating effects of green spaces during heatwaves has found that botanical gardens are the most effective. It is a finding the team at the Global Centre for Clean Air Research (GCCAR) hope will inform policymakers planning cities for a warming world.

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China ETS could cut costs by 30% with auctions -report

Carbon Pulse - Fri, 2024-02-23 18:59
Introducing an auctioning mechanism can lower the economic costs of China’s emissions trading scheme by at least 30% and reduce distortions associated with pre-existing taxes, a report has found.
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Polish province commits to phasing out coal by 2030

Carbon Pulse - Fri, 2024-02-23 18:31
The province of Wielkopolska in Poland is officially moving out of its historical fossil fuel dependency, after signing up on Friday to the Powering Past Coal Alliance (PPCA) during a conference focused on “Life After Coal”.
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US bank teams up with Singaporean climate-tech firm to provide digital decarbonisation solutions

Carbon Pulse - Fri, 2024-02-23 18:20
A New York-based bank has partnered with a Singaporean climate-tech company to provide digital decarbonisation solutions through which organisations can offset their emissions by purchasing credits from the bank’s portfolio.
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The week in wildlife – in pictures: four rare Amur leopards, perching puffins and a hungry fox

The Guardian - Fri, 2024-02-23 18:00

The best of this week’s wildlife photographs from around the world

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Australian developer invests in advisory firm for one stop energy-emissions shop

Carbon Pulse - Fri, 2024-02-23 17:35
Australia’s biggest project developer has teamed up with a carbon and energy advisory firm via a strategic investment to expand both companies’ services with a focus on the agricultural sector.
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Korean conglomerate gets carbon offset methodology approval

Carbon Pulse - Fri, 2024-02-23 17:20
One of South Korea’s biggest companies has won its first approval for a methodology designed to generate carbon credits under a recently launched domestic offset standard.
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Colombia vows to put nature at the heart of global environmental negotiations

The Guardian - Fri, 2024-02-23 15:00

The environment minister Susana Muhamad says nature is a ‘pillar’ of fighting the climate crisis

The next round of global biodiversity negotiations will put nature at the heart of the international environment agenda, Colombia’s environment minister has said, as the country prepares for the Cop16 summit.

Susana Muhamad, Colombia’s environment minister, who is expected to be the Cop16 president, said the South American country would use the summit to ensure nature was a key part of the global environmental agenda in the year building up to the climate Cop30 in the Brazilian Amazon in 2025, where countries will present new plans on how they will meet the Paris agreement.

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Fossil reveals 240 million year-old 'dragon'

BBC - Fri, 2024-02-23 14:51
A remarkably complete fossil of a bizarre Triassic reptile in unprecedented detail has been found.
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