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Plants are likely to absorb more CO₂ in a changing climate than we thought – here's why

The Conversation - Sat, 2023-11-18 06:56
Climate modelling that best accounts for the processes that sustain plant life predicts plants could absorb up to 20% more CO₂ than the simplest version predicted. Jürgen Knauer, Postdoctoral Research Fellow, Hawkesbury Institute for the Environment, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
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UPDATE – UK government to invest £4.5 bln in green industry grants and subsidies

Carbon Pulse - Sat, 2023-11-18 05:11
The UK government on Friday announced it will invest £4.5 billion in subsidies and grants for green industry from 2025, with just under half going to the electric vehicle sector and £1 bln to green energy including hydrogen.
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Loan from German development bank injects new life into South Africa’s JETP

Carbon Pulse - Sat, 2023-11-18 04:29
South Africa will receive €500 million in concessional loans from German development bank KfW to undertake a low-carbon transition of its coal-based power sector and promote long-term energy security, the German government confirmed in a statement on Friday.
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Standard sees first biochar carbon credits awarded to an African project

Carbon Pulse - Sat, 2023-11-18 03:26
A Namibian biochar project has become the first in Africa to be awarded carbon removal credits under the European Biochar Certificate (EBC) C-Sink Standard, with its Germany-based developer intending to establish six projects in the nation by next year.
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Premature to allow soil carbon credits under UN’s CORSIA aviation offsetting scheme, green group argues

Carbon Pulse - Sat, 2023-11-18 02:59
Allowing soil carbon credits to be surrendered during the initial phases of ICAO’s CORSIA scheme for international aviation would be premature due to the project type’s lack of MRV standards and a “realistic, defensible” baseline for estimating emissions, a US-based green group has claimed.
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Attempt to squeeze carbon farming practices into EU’s carbon removal bill likely to be shot down -sources

Carbon Pulse - Sat, 2023-11-18 02:21
The European Parliament’s agriculture committee is planning on proposing several farming practices for the EU’s Carbon Removal Certification Framework on Nov. 21 as part of the bill’s full Parliament vote, though several sources don’t expect the changes will be voted through, as the Council of member states adopted its own negotiating mandate on Friday.
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Article 6 body adopts inclusive carbon removals guidance, but pushes significant technical work to future

Carbon Pulse - Sat, 2023-11-18 02:10
The UN body responsible for shaping the rules for carbon crediting under Article 6 of the Paris Agreement adopted its carbon removals recommendations on Friday, a day after agreeing wider methodological guidance, with the text described as "general" and "technology-neutral" by observers and leaving a significant amount of additional technical work for the future.
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Energy Charter Treaty risks another reform failure despite national withdrawal moves -think-tank

Carbon Pulse - Sat, 2023-11-18 01:41
A further attempt to reform the controversial Energy Charter Treaty (ECT) is likely to fail again at its annual meeting next week despite multiple EU nations announcing they will leave the pact due to its incompatibility with the bloc’s climate law, an environmental think-tank warned on Friday.
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UAE project developer exploring blue carbon credit potential in Vietnam

Carbon Pulse - Sat, 2023-11-18 01:01
A Dubai-headquartered mangrove restoration firm is exploring the potential for blue carbon in Vietnam, after signing an MoU this week with a jurisdiction in the Southeast Asian country, the company has confirmed to Carbon Pulse.
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FEATURE: Generating biochar credits from bamboo offcuts is next frontier for plantations

Carbon Pulse - Sat, 2023-11-18 00:31
The market potential for using bamboo manufacturing offcuts to produce carbon credit-generating biochar is heating up, as an increasingly attractive option for developers already generating nature-based removal credits from fast-growing bamboo plantations with excellent CO2 sequestration ability.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-11-17 22:51
European carbon prices rallied modestly after Thursday's steep plunge amid a decline in selling interest as activity calmed ahead of the weekend, while energy markets weakened as the demand outlook remains lacklustre.
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EU agrees to ban exports of waste plastic to poor countries

The Guardian - Fri, 2023-11-17 22:30

Rules, still subject to formal approval, stop exports to non-OECD countries and limit them elsewhere

The EU has struck a deal to stop ships of waste plastic landing in ports of poor countries.

European lawmakers and member states agreed on Friday to ban exports of plastic rubbish to countries outside the OECD group of mostly rich countries from the middle of 2026. The deal comes as diplomats meet in Nairobi, Kenya, to hammer out a global treaty on plastic pollution.

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Growing number of Tory MPs join push for carbon levy on UK imports

The Guardian - Fri, 2023-11-17 22:13

Charges said to be needed to prevent UK companies being undercut by overseas manufacturers

The prospect of higher taxes is not usually viewed with joy by British businesses, or Conservative MPs – but when it comes to carbon, that is precisely what many are asking for.

A growing number of manufacturers, Tory MPs and experts are calling for charges to be levied on the carbon emissions associated with imports. They believe the levy is needed to create a level playing field that would enable UK companies to invest in cutting their greenhouse gas emissions, without finding themselves undercut by lower-cost but higher-carbon imports from overseas.

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US industry disposed of at least 60m pounds of PFAS waste in last five years

The Guardian - Fri, 2023-11-17 21:00

Estimate in new EPA analysis is probably ‘dramatic’ undercount because ‘forever chemical’ waste is unregulated in US

US industry disposed of at least 60m pounds of PFAS “forever chemical” waste over the last five years, and did so with processes that probably pollute the environment around disposal sites, a new analysis of Environmental Protection Agency data finds.

The 60m pounds estimate is likely to be a “dramatic” undercount because PFAS waste is unregulated in the US and companies are not required to record its disposal, the paper’s author, Public Employees for Environmental Responsibility (Peer), wrote.

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Carbon removal fund secures advance contracts for $46.6 mln in direct air capture units

Carbon Pulse - Fri, 2023-11-17 20:57
A removals buyers club has sealed its first offtake contracts with direct air capture (DAC) startups for the future delivery of a units totalling over 70,000 tonnes, the initiative announced this week.
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CN Markets: CEAs extend losses despite improved trading volume ahead of November deadline

Carbon Pulse - Fri, 2023-11-17 20:33
Prices in China’s CO2 allowance market over the past week continued to drop even with robust trading activity ahead of the primary compliance deadline, while the offset market saw a string of new policies to support the relaunch of the voluntary programme.
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UK among nations condemned for ‘epic’ mackerel overfishing disaster

The Guardian - Fri, 2023-11-17 20:00

Seafood companies and retailers threaten to boycott north-east Atlantic catch after two-decade failure to agree sustainable quotas

A coalition of British seafood companies and retailers, including Young’s, Tesco, Sainsbury’s, Aldi and Waitrose, has condemned the “collective failure” of the UK, Norway and other states to reach agreement on the sustainable fishing of mackerel in the north-east Atlantic.

Lack of political agreement over a decade has led to an “overfishing disaster of potentially epic proportions”, conservationists say, leading to 44% more fish being caught than is sustainable.

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EU criminalises environmental damage ‘comparable to ecocide’

The Guardian - Fri, 2023-11-17 19:29

Directive punishes most serious cases of environmental damage, including habitat loss and illegal logging

The European Union has become the first international body to criminalise wide-scale environmental damage “comparable to ecocide”.

Late on Thursday, lawmakers agreed an update to the bloc’s environmental crime directive punishing the most serious cases of ecosystem destruction, including habitat loss and illegal logging, with tougher penalties.

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Nations found to ignore Indigenous peoples, local communities in biodiversity plans

Carbon Pulse - Fri, 2023-11-17 19:22
The vast majority of countries overlook or insufficiently involve Indigenous people and local communities (IPLCs) when drawing up biodiversity action plans, despite a large body of evidence that including them makes for far more effective nature conservation strategies, a report has found.
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School Strike 4 Climate: Australian students skip classes en masse to call for action

The Guardian - Fri, 2023-11-17 18:20

Hundreds of school students marched their way to Tanya Plibersek’s office with thousands protesting in Melbourne

Nirvana Talukder didn’t go to school on Friday – but she says she was thinking about her future.

The 16-year-old was among hundreds of school students who marched their way to federal environment minister Tanya Plibersek’s office in Surry Hills, Sydney, calling for action on climate change. They joined thousands of students across Australia who took Friday off as part of the School Strike 4 Climate.

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