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Blockchain-based marketplace launches for CCUS carbon credits

Carbon Pulse - Wed, 2023-06-21 07:51
A US-based company on Tuesday announced a new blockchain-based marketplace for credits sourced from carbon capture, utilisation, and storage (CCUS) technology.
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Gas stoves emit benzene levels above secondhand smoke, US study finds

The Guardian - Wed, 2023-06-21 07:39

Even low doses of airborne benzene raise the risk of a variety of cancers, including lymphomas and leukemia

Using a gas stove can raise indoor concentrations of benzene, a cancer-linked chemical, to above what’s found in secondhand smoking or even beyond levels found next to oil and gas facilities, a new study has found.

The research, which measured benzene levels in 87 homes in California and Colorado, found that gas and propane stoves frequently emitted benzene at rates well above healthy benchmarks set by the World Health Organization and the US Environmental Protection Agency (EPA).

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Experts defend structure of Washington carbon allowance reserve sales, but target improvements

Carbon Pulse - Wed, 2023-06-21 07:22
Washington state’s decision to only offer a fraction of its Allowance Price Containment Reserve (APCR) allowances at the mechanism's first sale in August will help maintain environmental integrity and provide compliance assurance in the cap-and-trade scheme, though an alternative process could better achieve these outcomes, experts told Carbon Pulse.
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Global average sea and air temperatures are spiking in 2023, before El Niño has fully arrived. We should be very concerned

The Conversation - Wed, 2023-06-21 06:12
Over the past three years, Earth’s climate system has accumulated an average of 11 Hiroshima bombs’ worth of excess energy per second. And it’s showing in the current surge in ocean temperature. Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia Licensed as Creative Commons – attribution, no derivatives.
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Brazilian industry group proposes plan for national cap-and-trade programme

Carbon Pulse - Wed, 2023-06-21 06:01
A business group representing Brazil's industrial sector presented a plan to the federal government on Tuesday for implementing a national cap-and-trade programme that could add 5% to the country's GDP, as President Luiz Inacio Lula da Silva’s administration reportedly is getting closer to introducing its own proposal for a regulated carbon market.
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COMMENT: Four key considerations for businesses buying carbon credits

Carbon Pulse - Wed, 2023-06-21 05:58
Businesses are increasingly aiming to incorporate Natural Climate Solutions (NCS) into their climate plans to fulfil their climate and nature commitments. Jennicca Gordon of the Natural Climate Solutions Alliance outlines how they can ensure the integrity of the credits they purchase and communicate their efforts effectively.
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PREVIEW: Paris summit hopes to secure fresh commitments to reshape global finance agenda

Carbon Pulse - Wed, 2023-06-21 04:27
France will host an international summit later this week aiming to forge consensus on how to reshape the finance agenda, discussing the easing of debt burdens, new international taxes, and how best to channel greater flows to developing economies to speed the energy transition and help them to deal with the impacts of climate change.
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Gucci makes fashion faux pas about carbon neutrality claim

Carbon Pulse - Wed, 2023-06-21 03:24
Gucci has dropped its claim of becoming ‘entirely carbon neutral’ on its website alongside its policy of buying voluntary carbon credits amid a backlash against misleading environmental claims.
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Italian oil and gas giant Eni defends baseline of Zambian REDD project

Carbon Pulse - Wed, 2023-06-21 02:46
Eni has dismissed concerns of overcrediting at a REDD avoided deforestation project in Zambia in a robust response to an investigation by Italy's publicly-owned television broadcaster.
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Ukraine minister doubles down on 2035 coal phaseout ahead of recovery conference

Carbon Pulse - Wed, 2023-06-21 02:39
Ukraine's deputy minister for energy has underlined that the country will keep its commitment to phase out coal by 2035 and can become a European clean energy hub in spite of the war raging within its borders, speaking at a side event ahead of the Ukraine Recovery Conference in London this week.
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Germany’s EEX to acquire Nasdaq’s European power, carbon trading businesses

Carbon Pulse - Wed, 2023-06-21 01:44
German-headquartered European Energy Exchange (EEX) is set to acquire Nasdaq's European power trading and clearing business, which includes EU emissions trading operations, the companies announced Tuesday.
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UAE, Saudi firms sign deal to restore at least 5k hectares of mangroves in Kingdom

Carbon Pulse - Wed, 2023-06-21 01:08
A UAE-based mangrove reforestation firm has announced a strategic partnership with a Saudi company to restore at least 5,000 hectares of mangrove forests in Saudi Arabia over the next three years.
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Former boss of voluntary carbon firm retakes reins as new CEO quits after 3 weeks

Carbon Pulse - Wed, 2023-06-21 00:08
The former boss of a Canadian-based voluntary carbon credit aggregator has been reappointed as the company's head after the new president and CEO stepped down just three weeks into the job.
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EU-wide new clean technology fund idea ditched due to budget pressures

Carbon Pulse - Wed, 2023-06-21 00:02
The European Commission has abandoned the idea of creating a new EU Sovereignty Fund in favour of setting up a platform to support the bloc's leadership on critical technologies using only existing cash sources, the executive body announced on Tuesday.
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Rewetting England’s lowland peat could help meet emissions target, says study

The Guardian - Wed, 2023-06-21 00:00

Thinktank suggests projects could deliver one-fifth of savings needed from farming, but agriculture experts cast doubt on idea

Rewetting about half of England’s lowland peat would be enough to deliver a fifth of the greenhouse gas emissions savings needed from the country’s farming by 2030, research suggests.

Rewetting peat would also help restore habitats for birds, wildlife and plant species. But farming experts strongly dispute the potential for such projects.

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RGGI Market: Lack of momentum leads to quiet week for RGAs

Carbon Pulse - Tue, 2023-06-20 23:33
RGGI Allowance (RGA) values languished through a narrow range as a lack of momentum pervaded the Northeast US power sector carbon market over the last five days.
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Global tennis tour launches app to enable players to track and offset travel emissions

Carbon Pulse - Tue, 2023-06-20 23:29
The global tennis tour organisation, ATP, has launched an app which will allow professionals to track and then offset their travel emissions by purchasing carbon credits.
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Canada is on fire, and big oil is the arsonist | Tzeporah Berman

The Guardian - Tue, 2023-06-20 23:24

Governments need to represent us, not fossil-fuel profiteers. We need plans to phase out fossil fuel production and emissions

Canada is on fire from coast to coast to coast. Thousands have been evacuated, millions exposed to air pollution, New York a doom orange and even the titans of Wall Street choking.

Catastrophic flooding in Pakistan, back-to-back cyclones in the Pacific islands and droughts in Africa haven’t been enough to create a tipping point for action. Now that climate impacts have hit the economic capital of western power, will it spur governments in the global north to get serious?

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EU ministers agree united position on controversial nature restoration law

Carbon Pulse - Tue, 2023-06-20 23:22
EU environment ministers reached an agreement on Tuesday on the proposal for a nature restoration law, moving ahead of the divided European Parliament in the bloc's parallel lawmaking process.
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European new vehicle CO2 emissions drop for third year as EV registrations surge

Carbon Pulse - Tue, 2023-06-20 23:06
Average CO2 emissions of new cars and vans in Europe dropped for a third consecutive year in 2022, according to provisional data published Tuesday, with pure EVs or hybrids representing nearly one in four car registrations.
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