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John Podesta to succeed John Kerry as US climate envoy

Carbon Pulse - Thu, 2024-02-01 07:51
The present senior advisor on clean energy innovation and implementation at the White House, John Podesta, will assume the role of senior advisor to the President for international climate policy following John Kerry's departure, the Washington Post reported Wednesday.
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Voluntary market sees positive outlook for prices, some NBS though excess credits remain -analysts

Carbon Pulse - Thu, 2024-02-01 07:24
The voluntary carbon market (VCM) is experiencing increasing demand and will see a recovery in prices, including for some nature-based credits, although it still faces excess supply, limited alignment with integrity-boosting initiatives, and larger pools of older vintage units.
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Canadian carbon credit company signs MoU with algae, seaweed sequestration provider

Carbon Pulse - Thu, 2024-02-01 06:19
A Saskatchewan-based carbon credit origination and streaming company announced Wednesday the signing of a Memorandum of Understanding (MoU) with a company specialising in biosynthetic algae and seaweed carbon sequestration services for the generation of credits from the enhancement of agricultural soil.
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German nature agency concerned about biodiversity regulation

Carbon Pulse - Thu, 2024-02-01 06:02
The German government’s nature department would like to see regulation on biodiversity progress so that the financial sector is better equipped to tackle the emerging crisis.
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How the weird and wonderful microbes in wastewater can make our cities more sustainable

The Conversation - Thu, 2024-02-01 05:07
Much like our gut microbes, the community of microbes used to process human waste must be healthy to do the job well. Monitoring the DNA in waste sludge can help us ensure the system stays healthy. Christian Krohn, Postoctoral Researcher, School of Science, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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More than 65 countries sign up to global cooling pledge launched last month

Carbon Pulse - Thu, 2024-02-01 04:06
More than 65 countries are now signed up to the Global Cooling Pledge that launched at COP28 last month, but more research is needed to turbo-charge the delivery of cooling plans, advisors to the UK government, one of the initial signatories of the pledge, said on Wednesday.
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Drax powers up US BECCs ambition with woody biomass deal

Carbon Pulse - Thu, 2024-02-01 03:54
UK power company Drax Group has secured an option with Molpus Woodlands Group (Molpus) to buy up to 1 million tonnes of sustainably sourced woody biomass a year to fuel its bioenergy with carbon capture and storage (BECCS) operations in Southeastern US.
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Financial institutions should ‘go shopping’ for a data provider, TNFD exec says

Carbon Pulse - Thu, 2024-02-01 03:45
Financial institutions should not hide behind the lack of data and start relying immediately on external data providers to assess the impacts on nature across their value chain, a Taskforce on Nature Related Financial Disclosures (TNFD) official has said.
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‘Grossly irresponsible’: UK hands out 24 new North Sea oil and gas licences

The Guardian - Thu, 2024-02-01 03:21

The move to grant 17 companies the right to drill for fossil fuels is ‘a pipe dream’ that will do little for energy security, say environmentalists

Britain has handed major oil companies the right to drill for fossil fuels in 24 new licence areas across the North Sea as part of the government’s mission to extend the life of the ageing oil and gas basin.

The North Sea regulator said 17 oil companies, including Shell and BP, were granted licences in the Central North Sea, Northern North Sea and West of Shetland areas to “provide benefits to the local and wider economy”.

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UK biodiversity net gain could “incentivise” building in nature recovery areas

Carbon Pulse - Thu, 2024-02-01 03:17
The UK government could encourage developments in areas intended for nature recovery through changes to its biodiversity net gain (BNG) metric, though ecosystems may not lose out, market onlookers have said.
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INTERVIEW: Using carbon finance to support provision of clean water holds untapped potential

Carbon Pulse - Thu, 2024-02-01 03:11
Clean water access could be sped up through monetising the associated carbon benefits, increasing finance to projects historically reliant on philanthropy and grant support, according to stakeholders in the sector.
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ANALYSIS: EU states plan policy changes to meet bloc’s 2030 emissions targets

Carbon Pulse - Thu, 2024-02-01 02:39
Seven EU states are pinning their hopes on new climate policies to help get them on track to meet the bloc's emissions reduction target of 55%, which they are currently projected to miss, their officials have told Carbon Pulse.
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Ukrainian environment minister confirms launch of ETS in 2025

Carbon Pulse - Thu, 2024-02-01 02:29
Ukraine is planning to launch a national ETS in pilot mode in 2025, the country’s environment minister announced at an environmental forum in Kyiv on Wednesday.
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Decarbonising industry technically possible but other barriers need addressing too -report

Carbon Pulse - Thu, 2024-02-01 02:00
Harmful industrial emissions could be reduced by up to 85% across the world with a mix of tried-and-tested technologies and upcoming tech, according a report published on Wednesday, findings from which have been submitted to a UK government consultation.
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African energy producer, Indian carbon developer team up to assist power plants in offsetting emissions

Carbon Pulse - Thu, 2024-02-01 01:07
A South African energy producer has partnered with India’s largest carbon project developer to provide consultancy solutions to power plant owners about emissions offsetting projects.
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Georgie Purcell: Why I’m not done fighting – for animal rights, and for women

The Guardian - Thu, 2024-02-01 00:00

As a young woman, I knew public life wouldn’t be easy – but Monday was a new low when my image was manipulated and misused

Monday was the day that duck shooting should have been banned in Victoria. Instead it was the day we saw the government betray parliamentary processes, our wildlife and our community. And somehow, that day ended with a bizarre form of sexism against me.

I won’t pretend public life since my election as an MP has been easy, especially as a young woman.

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‘Literally off the charts’: global coral reef heat stress monitor forced to add new alerts as temperatures rise

The Guardian - Thu, 2024-02-01 00:00

Three new levels added by US Coral Reef Watch after ‘extreme’ unprecedented heat, with highest alert warning of ‘near complete mortality’

The world’s main system for warning about heat stress on the planet’s coral reefs has been forced to add three new alert categories to represent ever-increasing temperature extremes.

The changes introduced by the US government’s Coral Reef Watch program come after reefs across the Americas were hit by unprecedented levels of heat stress last year that bleached and killed corals en masse.

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EU shipping companies can now apply for their own EUA trading account

Carbon Pulse - Wed, 2024-01-31 23:51
Shipping companies will now be able open their holding accounts for EUAs, which they have been waiting for to start hedging and meeting their EU ETS requirements, following the publication of a legal act by the European Commission on Wednesday.
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EU to delay new green rule in bid to appease protesting farmers

The Guardian - Wed, 2024-01-31 23:45

Order to leave 4% of land fallow to encourage biodiversity waived for year in light of flooding, drought and heatwaves

Farmers protesting across Europe have won their first concession from Brussels, with the EU announcing a delay in rules that would have forced them to set aside land to encourage biodiversity and soil health.

The European Commission vice-president, Maroš Šefčovič, described Wednesday’s decision, which is expected to be rubber-stamped by member states within 15 days, as “a helping hand” for the sector at a difficult time.

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UK urged to emulate US, EU green deals to spur clean industrialisation

Carbon Pulse - Wed, 2024-01-31 23:14
A UK Labour government would work to emulate green deal policies in the US and EU to unlock private low-carbon investments in areas such as grid connectivity, housing, and infrastructure, the opposition party’s shadow climate change minister said on Wednesday.
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