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Southwest Airlines unveils ‘Nonstop to Net Zero’ sustainability strategy to help decarbonise operations by 2050

Carbon Pulse - Thu, 2023-11-16 06:26
Southwest Airlines has announced a comprehensive new sustainability strategy, titled 'Nonstop to Net Zero', taking another step towards its commitment to achieving carbon neutrality by 2050.
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Canadian offset financer reports net income in Q3 as cost reduction efforts advance into strategic review

Carbon Pulse - Thu, 2023-11-16 06:24
A Toronto-headquartered voluntary carbon credit firm provided updates on its restructuring measures to optimise costs as it recorded net income for the third quarter of the year, according to quarterly earnings published Tuesday.
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US federal agency awards $1 mln grant towards coastal wetlands carbon measurement

Carbon Pulse - Thu, 2023-11-16 06:07
An independent federal agency selected on Tuesday an adaptive infrastructure firm for $1 million in small business research funding to develop technology for the measurement of carbon stocks in coastal wetlands.
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Washington releases draft language on reporting requirements for cap-and-invest auction revenue recipients

Carbon Pulse - Thu, 2023-11-16 05:57
The Washington Department of Ecology (ECY) outlined rules on Wednesday for how recipients of the state’s Climate Commitment Act (CCA) funds should report expenditures and benefits to the state regulator ahead of its upcoming rulemaking.
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How could Australia actually get to net zero? Here's how

The Conversation - Thu, 2023-11-16 05:04
It’s still possible for Australia to cut emissions in line with holding climate change to 1.5°C. Here’s how. Anna Skarbek, CEO, Climateworks Centre Anna Malos, Climateworks Centre - Country Lead, Australia, Monash University Michael Li, Research and Analysis Manager, Climateworks Centre, Monash University Licensed as Creative Commons – attribution, no derivatives.
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We're burning too much fossil fuel to fix by planting trees – making 'net zero' emissions impossible with offsets

The Conversation - Thu, 2023-11-16 05:04
The idea that harm done today can be offset in the future is based on a basic misunderstanding of the carbon cycle. Planting more trees is important – but it’s no substitute for cutting emissions. Mike Joy, Morgan Foundation Senior Research Fellow in Freshwater Ecology and Environmental Science, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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Climate tech company raises seed funds for biochar carbon removal facility in Kenya

Carbon Pulse - Thu, 2023-11-16 03:49
A climate tech company has raised $1 million in seed funding to establish its first biochar production facility, located in Kenya, according to a press release on Wednesday.
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US launches int’l working group to standardise GHG reporting in natgas sector, as investment bank extols benefits of methane mitigation

Carbon Pulse - Thu, 2023-11-16 03:12
The US Department of Energy's Office of Fossil Energy and Carbon Management (FECM) on Wednesday announced the formation of an international working group aimed at enhancing the transparency and reliability of methane and other emissions data in the natural gas supply chain, while a major investment bank extolled the financial benefits of mitigation efforts in the sector.
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EU emissions fall 5% in second quarter as power and gas sector charts largest drop

Carbon Pulse - Thu, 2023-11-16 02:52
GHG emissions across the EU fell over 5% year-on-year in the second quarter of 2023, with electricity and gas sectors making the biggest decline, the statistics agency Eurostat reported on Wednesday.
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Sustainability consultancy, carbon data management platform forge partnership

Carbon Pulse - Thu, 2023-11-16 02:48
A major ‘pure play’ sustainability consultancy has formed a strategic partnership with a software platform specialising in carbon and sustainability data management.
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ICROA appoints members of inaugural independent advisory committee

Carbon Pulse - Thu, 2023-11-16 02:27
Voluntary carbon accreditation body ICROA has appointed its first independent advisory committee to oversee fundamentals and help drive integrity under its program of continuous improvements.
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EU agrees law to curb methane emissions from fossil fuel industry

The Guardian - Thu, 2023-11-16 02:23

Rules would require firms to report emissions, find and fix leaks, and limit wasteful venting and flaring

The EU has struck a deal that will force the fossil fuel industry to rein in dangerous methane pollution.

Under the proposed law, the first of its kind, coal, oil and gas companies would be required to report their methane emissions and take steps to avoid them. The measures include finding and fixing leaks, and limiting wasteful practices such as venting and flaring gas by 2027.

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French govt paper urges range of financing options for nature-based solutions

Carbon Pulse - Thu, 2023-11-16 01:59
A report published by the French government, in collaboration with CDC Biodiversite, underlined that greater finance from across the spectrum of stakeholders would be needed to protect nature, while also assessing the various tools available to scale funding.
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Only four countries have ocean acidification plans, report finds

Carbon Pulse - Thu, 2023-11-16 01:57
Just four countries globally have regions to have published dedicated plans for tackling the threat posed by increasing seawater acidity levels, with the US taking the lead, a report has found.
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Argentina publishes national strategy for carbon markets, hopes to salvage NDC

Carbon Pulse - Thu, 2023-11-16 01:50
Argentina hopes to achieve the goals set out in its Paris Agreement NDC and access climate finance in part through a range of carbon market mechanisms, it affirmed in a National Strategy for the Use of Carbon Markets (ENUMeC) published Tuesday.
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International ‘climate club’ to launch at COP28 conference, says EU climate chief

Carbon Pulse - Thu, 2023-11-16 01:40
An international climate club for governments will be officially launched at the beginning of December at the COP28 UN climate conference in Dubai, with a particular focus on industrial decarbonisation, the EU's top climate official Kurt Vandenberge told a conference on Wednesday.
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Capturing Cop28 chief’s oil firm emissions would take centuries – study

The Guardian - Thu, 2023-11-16 01:00

Analysis deems technology promoted by Sultan Ahmed Al Jaber ‘dangerous red herring’

Climate-wrecking emissions produced by the oil company of the Cop28 president, Sultan Ahmed Al Jaber, would take hundreds of years to remove using the carbon capture technology he has been promoting.

With just weeks to go until the crucial Cop28 climate summit, Al Jaber, who is the boss of United Arab Emirate oil company Adnoc, has been backing carbon capture as one solution to the climate crisis.

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Russia and Israel lead global surge in attacks on civilian water supplies

The Guardian - Wed, 2023-11-15 23:19

Exclusive: at least 228 water conflicts were recorded in 2022 – an 87% rise on the year before, Pacific Institute database shows

Water-related violence surged to an all-time high in 2022 – driven in large part by Russia’s war in Ukraine and Israeli attacks against Palestinian water resources in the West Bank.

At least 228 water conflicts were documented in 2022 – an 87% rise since 2021, according to research by the Pacific Institute shared exclusively with the Guardian.

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As water becomes a weapon of war, we must focus on cooperation and peace | Peter Gleick

The Guardian - Wed, 2023-11-15 23:00

Record increase in water-related violence shows how urgently we need to reduce these tensions between countries

In recent months, the world has been bombarded with reports of attacks on major dams and civilian water systems in Ukraine, water being used as a weapon during the violence in Gaza and the West Bank, unrest and riots in India and Iran over water scarcity and drought, and conflicts between farmers and herders in Africa over land and water sources. Our limited and precious freshwater resources have become triggers, weapons and casualties of war and conflict.

Water is vital for everything we want to do: it allows us to grow food, run industries and businesses, cook and clean our homes, and manage our wastes. Although there is plenty of water on Earth, it is unevenly distributed in space and time, with humid and arid regions as well as wet and dry seasons. These disparities lead to competition and disputes over water access and control. As populations and economies grow, the pressure on limited water supplies and the delicate ecosystems that depend on them is intensifying. And now, human-caused climate disruptions are affecting the planet’s hydrologic cycle, worsening extreme weather events such as floods and droughts, altering rainfall patterns, melting glaciers and snowpacks, and leading to higher temperatures and increased water demands.

Peter Gleick is co-founder and Senior Fellow of the Pacific Institute, Oakland, California, and author of the new book, The Three Ages of Water (PublicAffairs/Hachette 2023)

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-11-15 22:10
EUA prices made moderate gains on Wednesday morning after updated positions data showed investment funds had continued to build net short positions last week, setting a new record in the process, while energy markets also rose amid technical trading.
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