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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-03-11 23:04
European carbon prices declined on Monday morning, led lower by weakening natural gas prices that shrugged off an unplanned outage in the North Sea and suggestions that traders may be stating to unwind positions ahead of the March options contract expiry later this week.
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Greta Thunberg joins climate activists blocking Swedish parliament – video

The Guardian - Mon, 2024-03-11 22:41

Greta Thunberg accused Sweden of being 'very good at greenwashing' as she staged a protest along with 50 other activists outside her home country's parliament. The activists sat outside Sweden's government building in Stockholm in an attempt to stop politicians from getting to work. She said climate protests had often 'fallen on deaf ears' and 'we're still moving in the wrong direction' globally. The action came on an important day for the Swedish government, with the prime minister, Ulf Kristersson, and a numerous key figures in Brussels for its official flag-raising ceremony outside Nato headquarters after being members last week

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New York reconsiders sovereign debt rules as emerging economies push for relief to fund nature, climate

Carbon Pulse - Mon, 2024-03-11 22:04
New York’s state legislature is advancing parallel bills to rewrite the rules of sovereign debt restructuring, in a potential hit to private creditors worldwide but a win for developing countries.
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Greta Thunberg joins climate protest blocking Swedish parliament

The Guardian - Mon, 2024-03-11 21:37

Activist accuses Sweden of being ‘very good at greenwashing’ as group sits outside building’s main entrance

Greta Thunberg has accused Sweden of being “very good at greenwashing” as she staged a protest along with about 50 other activists outside her home country’s parliament.

The activists – who she said were acting as a group of concerned, largely young individuals rather than representing a particular organisation – sat outside the main entrance to Sweden’s government buildings in Stockholm on Monday morning in an attempt to stop politicians from getting to work.

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Protesters to hold mass trespass of Cirencester Park over charging plans

The Guardian - Mon, 2024-03-11 21:12

Right to roam campaigners organise demonstration amid anger at Bathurst Estate’s introduction of £4 fee to visit park

Hundreds of people are expected at a mass trespass of Cirencester Park in protest against the introduction of charges and electronic gates for pedestrians, joggers and cyclists.

Local people are fighting the charges, the first in 329 years since the landscaped parkland, part of the 6,300-hectare (15,500-acre) Bathurst Estate, was established beside the Cotswolds town.

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China urged to provide more support for CCS, carbon markets

Carbon Pulse - Mon, 2024-03-11 20:11
China should provide policy support for the development of offshore carbon capture and storage (CCS) and accelerate the construction of its national carbon market, domestic business leaders have called for during the annual parliamentary session.
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Experts underscore supply-demand imbalance across new generation of voluntary carbon credits

Carbon Pulse - Mon, 2024-03-11 19:47
There is a strong imbalance between demand for a new generation of voluntary carbon credits, eligible for international mechanisms or with integrity labels, and expected supply, analysts told a conference last week.
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Major Korean utility to pursue energy efficiency projects for Paris-aligned carbon credits

Carbon Pulse - Mon, 2024-03-11 17:47
A subsidiary of South Korea's largest power company has partnered with a domestic cement producer to conduct international energy efficient projects in the Asia-Pacific that can generate Paris-aligned carbon credits.
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Voluntary registry releases draft North American biochar project protocol

Carbon Pulse - Mon, 2024-03-11 10:11
A voluntary carbon market registry has released a North American biochar protocol for board consideration following a draft proposal accompanied by a public comment period.
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ANALYSIS: Washington carbon allowance holdings in limbo as fate of cap-and-invest scheme heads to November ballot

Carbon Pulse - Mon, 2024-03-11 10:01
With voters set to decide the fate of Washington state's cap-and-invest programme this November, market participants are highlighting the uncertainty surrounding hundreds of millions of dollars in carbon allowance holdings that could be rendered worthless is the scheme is scrapped.
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Europe unprepared to face climate risks -report

Carbon Pulse - Mon, 2024-03-11 09:01
Europe is not prepared for all the climate risks it will face in the coming years, despite being the fastest-warming continent in the world, according to the first-ever EU Climate Risk Assessment Report published on Monday by the European Environment Agency (EEA).
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Europe unprepared for rapidly growing climate risks, report finds

The Guardian - Mon, 2024-03-11 09:01

Dangers of wildfires, extreme weather and other factors outgrowing preparedness, European Environment Agency says

Europe is not prepared for the rapidly growing climate risks it faces, the European Environment Agency (EEA) has said in its first risk assessment.

From wildfires burning down homes to violent weather straining public finances, the report says more action is needed to address half of the 36 significant climate risks with potentially severe consequences that it identifies for Europe. Five more risks need urgent action, the report says.

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High shower pressure can help people save water, study suggests

The Guardian - Mon, 2024-03-11 00:33

Researchers in Surrey say visible timers can also reduce water usage after installing sensors in 290 showers

Swapping a feeble dribble for a powerful blast might seem like an environmental indulgence when it comes to taking a shower, but researchers say it might actually save water.

Water consumption has become a key area of environmental concern given shortages of the resource, as well as the carbon footprint associated with its collection, treatment, supply and – in the case of most showers – heating.

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The Great Barrier Reef’s latest bout of bleaching is the fifth in eight summers – the corals now have almost no reprieve

The Conversation - Sat, 2024-03-09 18:43
The Great Barrier Reef is facing its worst summer of sustained heat stress since the mass bleaching event of 1998, but now with less time to recover amid repeated brutal conditions. Terry Hughes, Distinguished Professor, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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