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Most EU countries set to miss deadline for national energy and climate plans

Carbon Pulse - Wed, 2024-06-26 01:36
The EU's 27 member countries are running out of time to submit their National Energy and Climate Plans (NECPs), with only a few expected to meet the official deadline at the end of this week.
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Oil and gas initiative joins forces with shipping group to decarbonise sector

Carbon Pulse - Wed, 2024-06-26 01:15
An oil and gas group has teamed up with a clean shipping industry body to work on solutions to decarbonise the sector, including a focus on carbon capture on ships, they said Tuesday.
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INTERVIEW: EU should stand firm on demanding transparency in int’l carbon markets, former top official says

Carbon Pulse - Wed, 2024-06-26 01:13
The EU should stand firm on its demand for transparency in the Paris Agreement's Article 6, as without it, the entire international carbon market system could fail, the bloc's former top climate official told Carbon Pulse in an interview.
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‘Most of it was dead’: scientists discovers one of Great Barrier Reef’s worst coral bleaching events

The Guardian - Wed, 2024-06-26 01:00

Analysis of high-resolution drone imagery concludes 97% of corals died at a Lizard Island reef between March and June this year

At least 97% of corals on a reef in the Great Barrier Reef’s north died during one of the worst coral bleaching events the world’s biggest reef system has ever seen, according to new analysis.

Scientists at several institutions used high-resolution drone imagery to track the bleaching and death of corals on a reef at Lizard Island.

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US pledges to be a climate finance leader but defends gas expansion

The Guardian - Wed, 2024-06-26 00:14

John Podesta, Biden’s top climate official, calls for other big economies to step in to help poorer states

The US will “continue to be a leader” in climate finance, the White House’s top climate official has promised, though without specifying how much it would provide to poor countries.

John Podesta, senior adviser to Joe Biden on international climate policy, also defended the large-scale US expansion of gas production, saying the world was fortunate America was strengthening its supply, given the demand for non-Russian sources after the invasion of Ukraine.

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DGB Group cuts stake in forest investment platform Corekees, now valued at €5 mln

Carbon Pulse - Tue, 2024-06-25 23:59
Offset project developer DGB Group on Tuesday announced the sale of a 40% stake in tree-focused retail investment platform Corekees.
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Portuguese aquaculture firm eyes biodiversity credit market to scale funding

Carbon Pulse - Tue, 2024-06-25 23:53
A Portugal-based aquaculture company is conducting a study to evaluate the ecosystem services provided by its bivalve farm to venture into the biodiversity credit market, as it says investments in the industry are still insufficient.
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UN climate adviser doubles down on call for ‘solidarity levies’ from polluting industries

Carbon Pulse - Tue, 2024-06-25 23:12
Countries need to look to new sources of climate finance including "solidarity levies" on sectors such as shipping, aviation, and fossil fuels extraction, the UN's special adviser on climate change said on Tuesday.
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Experts update UN guidance on cookstove carbon crediting calculation

Carbon Pulse - Tue, 2024-06-25 22:50
The number of carbon credits generated from cookstove projects could be set to tumble after the UNFCCC released an updated expert report on the key emissions reduction calculation rate.
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Swiss entity estimates 15 mln ITMOs from current Article 6 carbon pipeline, paying nearly $40/t

Carbon Pulse - Tue, 2024-06-25 22:18
A Swiss organisation, working on international Article 6 carbon programmes with host nations, expects they will generate an ITMO supply of 15 million tonnes by 2030, according to a report published Tuesday, paying nearly $40 per tonne for a large proportion of the forecast volume.
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Lufthansa to make customers share environmental cost burden

Carbon Pulse - Tue, 2024-06-25 22:01
A German air carrier will make customers pay for rising costs related to environmental regulations through the introduction of an environmental surcharge to apply to departures from January 2025.
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Migration of 6m antelope in South Sudan dwarfs previous records for world’s biggest, aerial study reveals

The Guardian - Tue, 2024-06-25 22:00

The movement is more than double that of east Africa’s renowned ‘great migration’ and has continued despite decades of war and instability

An extensive aerial survey in South Sudan has revealed an enormous migration of 6 million antelope – the largest migration of land mammals anywhere on Earth. It is more than double the size of the celebrated annual “great migration” between Tanzania and Kenya, which involves about 2 million wildebeest, zebra and gazelle.

“The migration in South Sudan blows any other migration we know of out the water,” said David Simpson, wildlife NGO African Parks’ park manager for Boma and Badingilo national parks, which the migration moves between and around. “The estimates indicate the vast herds of antelope species … are almost three times larger than east Africa’s great migration. The scale is truly awe-inspiring.”

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‘Male’ Brazilian rainbow boa produces 14 baby snakes in ‘miracle birth’

The Guardian - Tue, 2024-06-25 21:59

Misidentified reptile Ronaldo had not been in contact with any other snakes for at least nine years

The appearance of 14 baby snakes in a vivarium occupied by a Brazilian rainbow boa snake called Ronaldo was surprising on two counts.

First, staff at the City of Portsmouth college had thought Ronaldo was a male; second the 1.8-metre (6ft) long reptile had not been in contact with any other snakes for at least nine years.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-06-25 21:27
European carbon prices broke below Monday's low of €67.01 in morning trade as selling pressure continued to weigh on the market, before rallying slightly as buyers held firm, while natural gas moved in positive territory throughout the session as the TTF continued to edge sideways.
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Vast majority of corporates ignore supply chain emissions in net zero targets

Carbon Pulse - Tue, 2024-06-25 21:13
A report published Tuesday found that 85% of corporates have not set a net zero target that takes into account supply chain emissions.
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Singaporean company secures ‘first-of-its-kind’ TNFD-aligned loan

Carbon Pulse - Tue, 2024-06-25 20:20
A Singapore-based real estate company has secured a S$400-million ($295 mln) sustainability-linked loan (SSL), which incorporates targets on biodiversity conservation aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.
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South Korea to prepare infrastructure for consignment emissions trading

Carbon Pulse - Tue, 2024-06-25 19:49
South Korea's environment ministry is teaming up with the country's major stock exchange to establish a consignment transaction system for the domestic emissions market. 
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China space probe returns with rare Moon rocks

BBC - Tue, 2024-06-25 19:40
The Chang'e-6 has landed after collecting the first ever samples from the far side of the Moon.
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Protecting just 1.2% of Earth’s land could save most-threatened species, says study

The Guardian - Tue, 2024-06-25 19:00

Study identifies 16,825 sites around the world where prioritising conservation would prevent extinction of thousands of unique species

Protecting just 1.2% of the Earth’s surface for nature would be enough to prevent the extinction of the world’s most threatened species, according to a new study.

Analysis published in the journal Frontiers in Science has found that the targeted expansion of protected areas on land would be enough to prevent the loss of thousands of the mammals, birds, amphibians and plants that are closest to disappearing.

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