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California state senator withdraws carbon offset greenwashing bill for 2024 legislative session

Carbon Pulse - Tue, 2024-07-02 09:18
The author of a California Senate bill intended to provide greater oversight on claims made from the sale of carbon credits has asked an Assembly committee to remove the bill from its agenda, and the proposal will not advance for the remainder of the legislative year, her office told Carbon Pulse on Monday.
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RGGI Market: RGAs once again set new highs before retreating, volumes trend downward

Carbon Pulse - Tue, 2024-07-02 08:54
RGGI Allowance (RGA) settlement prices hit all-time highs yet again last week amid a persistent bullish outlook for the Third Program Review, despite the ongoing silence from the programme administrator regarding updates to the scheme, before retreating late in the week.
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LATAM Roundup: LAC awaits Article 6 credits, sees limited ETS progress

Carbon Pulse - Tue, 2024-07-02 08:09
Carbon Pulse rounds up June’s developments in Latin American and Caribbean (LAC) carbon markets, seeing two countries score high-priced Article 6 deals with a Swiss agency and several others make minor ETS announcements, though direct taxes continue as the region’s carbon pricing mainstay.
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Australia’s ‘carbon budget’ may blow out by 40% under the Coalition’s nuclear energy plan – and that’s the best-case scenario

The Conversation - Tue, 2024-07-02 06:11
The Coalition’s pledge to build seven nuclear reactors poses serious questions about whether this nation can meet its international climate obligations. Sven Teske, Research Director, Institute for Sustainable Futures, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Labour will take global lead on climate action, Ed Miliband vows

The Guardian - Tue, 2024-07-02 06:08

Exclusive: shadow energy security secretary vows to fill ‘vacuum’ left by Rishi Sunak’s U-turn on net zero

Labour will promise to take the lead on global efforts to tackle the climate crisis, filling a “vacuum of leadership” on the world stage and proving Rishi Sunak’s U-turn on net zero has been a “historic mistake”, Ed Miliband has said.

The shadow energy security and net zero secretary said the UK needed to change course and was “off track”.

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Alaska finalises regulations for state voluntary offsets programme

Carbon Pulse - Tue, 2024-07-02 04:38
The Alaska Department of Natural Resources (DNR) has published final regulations set to take effect in July for the state's forthcoming voluntary offsets programme.
Categories: Around The Web

Colombian credit retirements toward CO2 tax well below cap in Q1

Carbon Pulse - Tue, 2024-07-02 04:11
Carbon credit retirements towards Colombia's national CO2 tax remained weak in Q1, per figures presented at a climate summit in Cartagena last week, as domestic supply and demand struggled after media scandals and a volume cap was introduced in late 2022.
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Fintech startup launches blockchain REDD+ carbon trading instrument

Carbon Pulse - Tue, 2024-07-02 04:00
A New York-based fintech startup has launched a blockchain-based carbon trading instrument for voluntary REDD+ credits, with all projects assessed by a ratings agency and prices published on its exchange platform.
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BRIEFING: UK can learn from other countries on effective climate adaptation

Carbon Pulse - Tue, 2024-07-02 02:51
As the UK battles climate change impacts such as flooding, overheating, and more frequent storms that can derail vital infrastructure, the country can learn from other nations like Japan and Australia on developing effective emergency response strategies and disaster resilience.
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VCM Report: Fraud bombshell livens dull summer for voluntary carbon market

Carbon Pulse - Tue, 2024-07-02 02:42
Allegations of fraud against one of the heavyweights in the voluntary carbon market shattered a quiet week, with activity already suffering due to the start of the summer holiday season.
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Amazon, Verra complete work on alternative voluntary carbon market quality standard -Reuters

Carbon Pulse - Tue, 2024-07-02 02:01
Multinational technology company Amazon, in collaboration with Verra, has finalised work on a new voluntary carbon market quality standard focused on ARR forestry offsets, according to Reuters, that may provide an alternative to the work being done by the Integrity Council for the Voluntary Carbon Market (ICVCM).
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INTERVIEW: For suppliers under pressure to cut emissions, renewables still come at a cost

Carbon Pulse - Tue, 2024-07-02 01:21
The cost of switching to renewable energy remains a significant barrier for suppliers who are under growing pressure from their big brand-name customers to cut emissions and help to decarbonise wider supply chains, according to a consultancy that is looking to help companies make that change. 
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Extravagant maker of schemes: unpicking Barnaby Joyce’s anti-renewables campaign | Gabrielle Chan

The Guardian - Tue, 2024-07-02 01:00

The spectre of a $100 lamb roast helped the Coalition win the 2013 election. Will ‘foreign-owned swindle factories’ have a similar effect in 2025?

Tongue twisters were a staple in my childhood home. Fox in Socks by Dr Seuss was a favourite. My grandmother taught us “she sells seashells by the seashore” and “around the rugged rocks the ragged rascal ran”.

It was probably too early when she recited “I’m not a pheasant plucker but a pheasant plucker’s son”. She delivered it anyway, much to our delight.

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A rat: ‘We can no longer live as rats: we know too much’

The Guardian - Tue, 2024-07-02 01:00

Most rats, like most people, try to distinguish themselves

“You must go to the rats,” the Great Owl tells Mrs Frisby in the Rats of Nimh.

Mrs Frisby, a mouse, needs help: her son is sick and she has to move out of her house at the edge of a field, because the field will soon be ploughed.

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ACCU price forecast to hit A$42 by next year’s compliance deadline, as demand to structurally increase over time, outlook says

Carbon Pulse - Tue, 2024-07-02 00:01
An outlook on Australia’s carbon market has forecast credit prices to rise above A$40 ($26.71) by the time the first surrender period under the reformed Safeguard Mechanism rolls around next year and that the scheme means demand will structurally increase as time goes on.
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ANALYSIS: CBAM impact could cut into EU power imports from UK, Western Balkans

Carbon Pulse - Mon, 2024-07-01 23:50
Britain's electricity flows may be the most impacted by the EU's Carbon Border Adjustment Mechanism (CBAM) as imports sent to the EU are set to become more expensive, with the Western Balkans also poised to be hit hard.
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Environment Agency refuses to reveal directors’ possible conflicts of interest

The Guardian - Mon, 2024-07-01 23:25

Agency rejected FOI request about potential conflicts of financial and business interests held by regional directors

The Environment Agency is refusing to provide campaigners with details of potential conflicts of interests with water companies held by its directors across England.

The refusal to provide the information comes after the head of the agency, Philip Duffy, admitted that freedom of information requests have been buried by the regulator because the truth about the environment in England is “embarrassing”.

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Brussels frets as far-right arrives at gates of power in France

Carbon Pulse - Mon, 2024-07-01 23:15
The European Union could end up being “paralysed” if the far-right Rassemblement National party is able to form a government in France, with potentially significant consequences also for energy and climate policy across the region, according to policymakers and analysts.
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Number of companies with science-based targets increased by 102% in 2023, led by Asia -report

Carbon Pulse - Mon, 2024-07-01 23:07
Companies with validated science-based targets increased by 102% during 2023 alone compared to all previous years, with Asia leading as the region with the highest number of such companies, a report released Monday has found.
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Scientists ignored 'gay' animals for years. When will we get over our human hang-ups about the natural world? | Elle Hunt

The Guardian - Mon, 2024-07-01 23:00

Our selective engagement with nature stops humans from seeing animals clearly – and that’s not good for them or for us

One of my most annoying traits, I have been told, is my tendency to puncture others’ casual enjoyment of nature with brutal and unsolicited pieces of trivia. Chalk it up to the influence of my hobbyist herpetologist father, who instilled in me not only a passion for less cuddly animals but also a rigorous attention to the facts.

If your favourite animals are sea otters, which mate for life and hold hands so they don’t drift apart? I will inform you that they also sometimes rape baby seals to death. Oh, you prefer chimps? Have you seen that David Attenborough footage of a group of them hunting a monkey that was apparently too disturbing to broadcast with close-up detail?

Elle Hunt is a freelance journalist

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