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VCM Outlook 2024: Voluntary carbon aims to bounce back with integrity drive

Carbon Pulse - Wed, 2024-01-17 02:49
Voluntary carbon stakeholders have expressed an optimistic outlook for the market over the next 12 months, with robust year-end credit retirements, a swathe of imminent developments aiming to boost integrity, and expected price support from the UN's CORSIA aviation offsetting scheme, all cited as reasons for why the VCM will be able to move forward after a bumpy 2023.
Categories: Around The Web

RGGI Market: Prices decline from record highs as weekly volumes recede

Carbon Pulse - Wed, 2024-01-17 02:09
RGGI allowance (RGA) values dipped from all-time highs recorded during the week prior, as activity quieted ahead of the US long weekend.
Categories: Around The Web

Capturing CO2 from waste biomass could mitigate 3% of global GHG emissions -report

Carbon Pulse - Wed, 2024-01-17 02:09
Converting organic matter, such as crop residues and livestock manure, into biomethane and biogenic CO2 using anaerobic digestion, could facilitate the capture of 3% of global greenhouse gas emissions, according to an academic study.
Categories: Around The Web

Crashing carbon credit prices leaves high-rated projects commanding hefty premium, says report

Carbon Pulse - Wed, 2024-01-17 02:06
A sharp drop in carbon credit prices last year has left the top ranked projects by ratings agencies commanding a 200% premium on average over the lowest rated units, analysis has found.
Categories: Around The Web

Cloned rhesus monkey created to speed medical research

BBC - Wed, 2024-01-17 02:00
Researchers say it will speed up drug testing but animal rights campaigners have grave concerns.
Categories: Around The Web

Indian carbon offset developer, state-owned oil major team up to distribute clean cookstoves

Carbon Pulse - Wed, 2024-01-17 00:11
India's largest carbon offset developer, EKI Energy, has launched its first cookstove pilot project in partnership with a major government-owned oil firm, the developer said Tuesday.
Categories: Around The Web

OECMs could help Germany achieve big share of GBF target, report finds

Carbon Pulse - Tue, 2024-01-16 23:19
Other effective area-based conservation measures (OECMs) could contribute up to 1 million hectares of land towards Germany's Global Biodiversity Framework (GBF) target to protect 30% of its land and sea by 2030 (30x30), researchers have found.
Categories: Around The Web

EU lawmakers give final green light to F-gas 2050 phaseout bills, discuss transitioning consumer habits

Carbon Pulse - Tue, 2024-01-16 22:48
Europeans lawmakers formally approved on Tuesday new rules to minimise emissions from powerful greenhouse gases, in particular to phase out fluorinated greenhouse gases (F-gases) by 2050, and debated a bill to empower consumers for the green transition.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-01-16 22:20
Carbon prices in the EU ETS gave up Monday's gains amid steady selling on Tuesday morning as buyers appeared to retreat, while energy prices were mixed as the market eyed rising tensions in the Red Sea that may impact LNG shipping.
Categories: Around The Web

Over 300 organisations commit to disclosing nature risks under TNFD

Carbon Pulse - Tue, 2024-01-16 22:15
A cohort of 320 organisations with $4 trillion in market capitalisation have committed to begin adopting recommendations on nature-related financial disclosures within the next two years, in a sign of growing efforts to understand the financial risks posed by biodiversity loss.
Categories: Around The Web

Oil major investors unite with activists in calling for stronger emissions targets

Carbon Pulse - Tue, 2024-01-16 21:15
Investors in Shell have joined forces with an environmental activist group to call for more aggressive targets from the oil major in reducing carbon emissions to be set at its annual meeting, including accounting for Scope 3 output.
Categories: Around The Web

Third of UK teenagers believe climate change exaggerated, report shows

The Guardian - Tue, 2024-01-16 21:00

YouTube criticised for amplifying lies about the climate with disinformation videos watched by young people

A third of UK teenagers believe climate change is “exaggerated”, a report has found, as YouTube videos promoting a new kind of climate denial aimed at young people proliferate on the platform.

Previously, most climate deniers pushed the belief that climate breakdown was not happening or, if it was, that humans were not causing it. Now, the Center for Countering Digital Hate (CCDH) has found that most climate denial videos on YouTube push the idea that climate solutions do not work, climate science and the climate movement are unreliable, or that the effects of global heating are beneficial or harmless.

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Categories: Around The Web

Ocean fungi from twilight zone could be source of next penicillin-like drug

The Guardian - Tue, 2024-01-16 20:00

Largest study of ocean DNA reveals abundance of fungi thriving in extreme environment of the deep sea

Large numbers of fungi have been found living in the twilight zone of the ocean, and could unlock the door to new drugs that may match the power of penicillin.

The largest ever study of ocean DNA, published by the journal Frontiers in Science, has revealed intriguing secrets about the abundance of fungi in the part of the ocean that is just beyond the reach of sunlight. At between 200 metres and 1,000 metres below the surface, the twilight zone is home to a variety of organisms and animals, including specially adapted fish such as lantern sharks and kitefin sharks, which have huge eyes and glowing, bioluminescent skin.

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Categories: Around The Web

Fintech initiative aims to attract $100 bln investment for carbon credits

Carbon Pulse - Tue, 2024-01-16 19:53
An initiative announced by two carbon fintecth firms at the World Economic Forum (WEF) summit in Davos aims to attract $100 billion in capital market investments into 'high-integrity' carbon credits to help address the multi-trillion dollar annual climate financing gap.
Categories: Around The Web

Could a surging deer population ease the UK’s hunger crisis? – video

The Guardian - Tue, 2024-01-16 19:52

The UK's deer population is at its highest level for 1,000 years, and is growing exponentially. Now at roughly 2 million animals, the UK’s deer stalkers need to cull at least 750,000 animals a year just for the population to stand still. There are also more food banks in the UK than ever. As the need for food grows, donations, especially those containing protein, become harder to find. 
To combat these two problems, the Wild Venison Project has created a supply chain from deer stalkers all over the country to food banks that need protein-rich donations. The Guardian environment correspondent Damien Gayle follows the process from forest to food bank, to see if venison could provide an answer to Britain’s food shortage.

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Categories: Around The Web

Bank calls for rapid scaling up of global biodiversity finance, tech deployment

Carbon Pulse - Tue, 2024-01-16 19:49
The world needs better economic incentives and clear policy direction to ramp up biodiversity finance and deploy nature measurement technology at a scale not seen before, a major investment bank has said.
Categories: Around The Web

China’s property sector sees first offset standard for public buildings

Carbon Pulse - Tue, 2024-01-16 19:42
A coalition led by the digital arm of a major real estate developer in China has released the country's first emission reduction standard for public buildings.
Categories: Around The Web

Developer ties up with Indian state autonomous body on carbon projects

Carbon Pulse - Tue, 2024-01-16 18:54
An Indian carbon offset project developer has signed a Memorandum of Understanding (MoU) with a state autonomous industrial body to develop mitigation projects across the South Asian country under domestic as well as international voluntary and compliance carbon markets.
Categories: Around The Web

More work needed to quantify Australian emissions reductions -audit

Carbon Pulse - Tue, 2024-01-16 18:30
An auditing body within Australia’s government has found more work needs to be done to quantify the government's work in reducing its emissions per the commitments it made in 2022.
Categories: Around The Web

State-owned Taiwanese agricultural firm taps into carbon farming

Carbon Pulse - Tue, 2024-01-16 17:48
A state-owned agricultural company in Taiwan has decided to tap into the carbon farming sector, as the government seeks to assess the potential of soil carbon across the island as part of a national climate strategy.
Categories: Around The Web

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