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Nigeria issues warning against unauthorised carbon trading

Carbon Pulse - Tue, 2023-07-11 01:41
Nigeria's federal government has warned against unauthorised carbon trading, making the latest country to clamp down on market activities.
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Transparent mouse could improve cancer drug tests

BBC - Tue, 2023-07-11 01:02
Scientists say a new scanning method that can identify tiny tumours could revolutionise medical research.
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Drop carbon offsetting-based environmental claims, companies urged

The Guardian - Tue, 2023-07-11 01:00

New guidance says carbon credits should only be used to contribute to climate mitigation

Companies should drop offsetting-based environmental claims and adopt a “climate contribution” model instead, according to a new quality standard.

In a new code of practice, the Voluntary Carbon Markets Integrity Initiative (VCMI) has published guidance on how companies should use carbon credits as part of high-quality corporate action. It recommends that firms should disclose their emissions every year, show they are successfully meeting a science-based target aligned with the Paris agreement, and only use carbon credits to contribute to climate mitigation, moving away from claims that they have “cancelled out” their emissions by purchasing offsets.

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A deer: famous for their antlers but why not their tails? | Helen Sullivan

The Guardian - Tue, 2023-07-11 01:00

In Celtic mythology they’re known as “fairy cattle”

The word deer comes from dēor and der, which in old and middle English meant, simply, “animal”. The Dutch word “dier” still means this. The sense of a deer as an animal, as opposed to a human – it has been found to have referred to ants, fish and foxes – may come from “wilddēornes”, the origin of wilderness or wild-animal-ness.

Deer still seem to embody this mysterious animal-ness: four-legged wildness, dainty and strong, mysterious and controlled. You may say it is all in the antlers: I say it is all in the tail. I saw a small herd of fallow deer in London’s Clissold park recently. A doe walked up to the fence as I walked past, then turned away and flicked her white tail: a flash of white, like a shooting star you’re not sure you’ve seen, like the tap of a fluffy wand, like a cute cursor blinking.

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Heatwave last summer killed 61,000 people in Europe, research finds

The Guardian - Tue, 2023-07-11 01:00

Hottest summer on record – fuelled by climate crisis – brought unusually high mortality rates, statistics show

Searing heat killed more than 60,000 people in Europe last summer, scientists have found, in a disaster made deadlier by greenhouse gases baking the planet.

EU statisticians rang alarm bells in August, as sweltering heat, withering drought and raging fires consumed much of the continent, after seeing unusually high numbers of people die during Europe’s hottest summer on record.

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Uzbekistan gets $46 mln World Bank grant to facilitate international carbon markets access

Carbon Pulse - Tue, 2023-07-11 00:13
Uzbekistan has received a $46.25 million grant from the World Bank for its Innovative Carbon Resource Application for Energy Transition Project (iCRAFT), in an effort to decrease the greenhouse gas emissions and promote energy efficiency in the Central Asian country and help it access international carbon markets.
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London wildfire response hit by crew shortages - report

BBC - Mon, 2023-07-10 23:00
Crew shortages meant 39 engines were not available to fight London's wildfires last July, a review finds.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2023-07-10 21:52
European carbon prices continued to trade in a narrow band between key technical levels early on Monday as the market awaited new direction amid the onset of summer, while energy markets were weaker as demand appeared to slacken.
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ANALYSIS: Governments set down marker in tackling cookstove over-crediting

Carbon Pulse - Mon, 2023-07-10 21:13
Governments are drastically slashing carbon credit issuance rates from their own cookstove projects and helping craft a new global framework to tackle integrity concerns, moves that could point to an overhaul of a hefty chunk of the voluntary carbon market.
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Rangers ‘heartbroken’ after 600 dead Arctic tern chicks found in Northumberland

The Guardian - Mon, 2023-07-10 21:10

Bird flu suspected as cause of death of vulnerable migratory birds at Long Nanny, the biggest UK breeding colony

National Trust rangers have described their “heartbreak and worry” after recovering more than 600 dead chicks at Britain’s largest mainland colony of Arctic terns.

The trust said on Monday that Long Nanny, on the coast of Northumberland, had been hit by a suspected outbreak of avian flu during the peak of the breeding season.

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Consultancy publishes framework to help businesses act on biodiversity impact

Carbon Pulse - Mon, 2023-07-10 20:31
A nature consultancy has published a paper outlining how businesses should enact transformative change to become 'nature positive', proposing a practical framework to help firms understand how to implement biodiversity-friendly measures.
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SK subsidiary recieves Korean offsets through asphalt production project

Carbon Pulse - Mon, 2023-07-10 19:27
SK Energy, a subsidiary of South Korea's largest energy company SK Innovation, has received government-certified carbon credits with an offset project that cuts emissions by improving energy efficiency during asphalt production.
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UK should quit ‘climate-wrecking’ energy treaty, say official advisers

The Guardian - Mon, 2023-07-10 18:48

Climate Change Committee recommends leaving energy charter treaty, which critics say is ‘weaponised’ by fossil fuel firms

The UK should quit a controversial energy treaty to stop it delaying vital climate action and triggering huge taxpayer payouts to fossil fuel companies, according to the government’s official advisers.

The energy charter treaty (ECT) is a system of secret courts that enables companies to sue governments over policies that would cut their future profits. Companies have sued over phasing out coal-fired power stations, ending offshore oil drilling and banning fracking. The UK’s Climate Change Committee said Britain should withdraw from the ECT because recently proposed reforms did not go far enough.

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As New Zealand explores biodiversity market options, one company says it has one ready to go

Carbon Pulse - Mon, 2023-07-10 18:40
A New Zealand carbon forestry service company says it has already developed a biodiversity credit financing instrument which could be used in the government’s proposed market-based scheme to restore nature.
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Danish giant targets Australia as it builds “world’s largest” dedicated renewables fund

RenewEconomy - Mon, 2023-07-10 18:22

Copenhagen Infrastructure Partners, which has a 30GW pipeline in Australia, including the first offshore wind farm, is creating the world’s largest dedicated renewables investment fund.

The post Danish giant targets Australia as it builds “world’s largest” dedicated renewables fund appeared first on RenewEconomy.

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US forestry fund backed by major Japanese corporations begins operations

Carbon Pulse - Mon, 2023-07-10 18:20
A North America-focused forest fund initiated by Sumitomo Forestry, a major forestry group in Japan, has commenced operations with the participation of nine other large corporates from the East Asian country. 
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Australia Market Roundup: Underground mines set to lose out under Safeguard Mechanism, ACCU market extends losses

Carbon Pulse - Mon, 2023-07-10 17:37
Underground coal mines are expected to bear the highest cost of emission reductions under the reformed Safeguard Mechanism, according to analysis, as the price of Australian Carbon Credit Units (ACCUs) fell further on Monday.
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Queensland slammed for bespoke demands on inverters in controversial rule change

RenewEconomy - Mon, 2023-07-10 16:12

The state's draft connection rules have thrown up another gem, but this one will upend the state's inverter market.

The post Queensland slammed for bespoke demands on inverters in controversial rule change appeared first on RenewEconomy.

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*Senior carbon/commodities trading analyst, RepuTex Energy – Melbourne

Carbon Pulse - Mon, 2023-07-10 15:21
RepuTex is looking for a senior trading analyst to join our Melbourne based team to provide qualitative and quantitative analysis of the Australian carbon market.
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First turbine goes up at Australia’s largest wind farm, foundations laid for big battery

RenewEconomy - Mon, 2023-07-10 15:09

Golden Plains wind and battery project concrete pour.TagEnergy starts work on the first of 122 turbines for the first 756MW of the massive Golden Plains wind farm, and is laying foundations for its big battery.

The post First turbine goes up at Australia’s largest wind farm, foundations laid for big battery appeared first on RenewEconomy.

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