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People displaced by climate crisis to testify in first-of-its-kind hearing in US

The Guardian - Thu, 2024-02-29 21:15

Inter-American Commission on Human Rights will hear how climate is driving forced migration across the Americas

Communities under imminent threat from rising sea level, floods and other extreme weather will testify in Washington on Thursday, as the region’s foremost human rights body holds a first-of-its-kind hearing on how climate catastrophe is driving forced migration across the Americas.

The Inter-American Commission on Human Rights (IACHR) will hear from people on the frontline of the climate emergency in Mexico, Honduras, the Bahamas and Colombia, as part of a special hearing sought by human rights groups in Latin America, the US and the Caribbean.

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Philippines ITMO registry operator launches digital platform for nature-based solutions

Carbon Pulse - Thu, 2024-02-29 20:29
The operator of the Philippines' national carbon registry has unveiled a platform dedicated to the development of nature-based solutions (NBS).
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Singapore outlines rules for corporate climate disclosures

Carbon Pulse - Thu, 2024-02-29 19:46
Firms listed on Singapore’s bourse will have to start reporting sustainability and climate information from next financial year, with their biggest unlisted counterparts to do the same two years after that.
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South Korea weighs carbon contracts for differences

Carbon Pulse - Thu, 2024-02-29 19:32
South Korea is considering introducing carbon contracts for differences (CCfDs) to de-risk private sector investments in emissions abatement technologies and ensure a clearer carbon price signal.
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Scrap subsidies to Scotland’s conifer forests, urges report

The Guardian - Thu, 2024-02-29 19:00

Royal Society of Edinburgh says money should be spent on longer-living native forests with greater biodiversity benefits

A report has called on ministers to scrap the huge subsidies and tax breaks given to conifer forests because they do too little to combat the climate crisis.

The report from the Royal Society of Edinburgh said the tens of millions of pounds in subsidies given to the timber industry should instead be spent on longer-living native forests, which have greater and clearer climate and biodiversity benefits.

In Scotland, ministers have subsidised forestry by more than £390m over the last decade, with roughly 80% of that spent on commercial conifer plantations, as well as extra subsidies for haulage.

Timber companies and landowners pay no corporation tax on their income from forests; profits from timber sales are tax-free; there is no capital gains tax on the value of the trees, and 100% inheritance tax relief on the forestry property.

Forest owners were also able to sell carbon credits, adding to the attractiveness of forestry as an investment.

These grants, tax breaks and carbon credits had helped to substantially drive up land prices in Scotland, up by 73% in a single year, greatly distorting the land market and pricing people out.

Government agencies are not properly enforcing policies which require environmental impact assessments on new forest projects; their approach is “inadequate” and “passive”.

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Norway, Ethiopia move to payment phase of forest partnership

Carbon Pulse - Thu, 2024-02-29 16:39
Norway and Ethiopia this week upgraded their decade-long forest partnership to pave the way for payments of up to $100 million if the East Africa nation meets its climate and nature targets.
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Oil company buys into Brazilian REDD+ project

Carbon Pulse - Thu, 2024-02-29 15:25
An Australian oil and gas company producing offshore Brazil has signed up for a five-year partnership with a local REDD+ project certified by Verra.
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Supermarket chickens found burnt by own excrement

BBC - Thu, 2024-02-29 14:40
A BBC investigation finds about one third of chickens sold in some UK supermarkets have "hock burn".
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Supermarket chickens found burnt by own excrement

BBC - Thu, 2024-02-29 14:40
A BBC investigation finds about one third of chickens sold in some UK supermarkets have "hock burn".
Categories: Around The Web

Australia ACCU supply expected to triple to 2033, outlook says

Carbon Pulse - Thu, 2024-02-29 13:26
Australia could be the largest developer of carbon offsets in the world by 2033, according to an outlook statement released Thursday, driven by demand from the Safeguard Mechanism.
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Asbestos: Rozelle parklands reopening delayed, with critics arguing extension shows EPA is a ‘toothless tiger’

The Guardian - Thu, 2024-02-29 10:39

Environment Protection Authority originally demanded asbestos be cleaned up by end of February but Transport for NSW granted extra month by watchdog

The remediation and reopening of a major Sydney park where asbestos was found in mulch by a child in early January has been pushed back a month, sparking outrage from the local mayor and a state MP as more contamination is found across the city.

Transport for New South Wales on Thursday announced it had been granted an extension for the works at the Rozelle parklands by the state’s environmental watchdog due to the extent of the remediation needed.

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California DEBs offset prices remain at record highs, issuance lags

Carbon Pulse - Thu, 2024-02-29 10:38
California offsets offering direct environmental benefits (DEBs) to the state command high prices even as year-to-date issuance trails last year’s levels for the same time, data published by state regulator ARB on Wednesday showed.
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Southwest Airlines invests $30 mln in SAF producer LanzaJet

Carbon Pulse - Thu, 2024-02-29 10:20
Southwest Airlines has announced a strategic $30 million investment in sustainable fuel firm LanzaJet as part of a strategy to develop a sustainable aviation fuel (SAF) production facility in the US.
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Idle ships at anchor to earn voluntary carbon credits under new Gold Standard methodology

Carbon Pulse - Thu, 2024-02-29 10:01
Idle ships at anchor around the globe will be able to earn carbon credits under a new methodology approved by Gold Standard.
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