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NSW planning department can’t see the forest for the trees

RenewEconomy - Wed, 2023-11-29 06:21

wind farm concrete pourThe NSW Planning Department has made life difficult for project developers. If it continues, consumers will pay a heavy price for unreliable power from coal stations that should have been closed years ago.

The post NSW planning department can’t see the forest for the trees appeared first on RenewEconomy.

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Experts divided over VCMI’s proposed new carbon credit buyers’ claim

Carbon Pulse - Wed, 2023-11-29 05:34
The Voluntary Carbon Markets Integrity Initiative (VCMI) issued new guidance today for carbon credit-buying firms, including a new proposed use case for carbon credits that has swiftly divided opinion, with campaigners warning the proposal risks diluting company goals and market participants claiming it could raise ambition by encouraging more companies to take action.
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Three entities launch northern BC forest conservation initiative across 3.9 mln hectares

Carbon Pulse - Wed, 2023-11-29 05:21
A technology company, an offset project developer, and an Indigenous tribe have pooled resources and funding to co-develop the first phase of an Improved Forest Management (IFM) project in the northern regions of British Columbia.
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As disasters and heat intensify, can the world meet the urgency of the moment at the COP28 climate talks?

The Conversation - Wed, 2023-11-29 05:13
In what’s likely to be the hottest year on record, nations are gathering to try and hash out faster action on climate change. Here are the three main issues facing negotiators. Brendan Mackey, Director, Griffith Climate Action Beacon, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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The Guardian view on betting the planet: a big oil producer presiding over Cop28 is a risk | Editorial

The Guardian - Wed, 2023-11-29 04:45

The success of this week’s UN climate summit will depend on one man who must know that a favourable result would be bad news for the industry he represents

History was made in Glasgow in 2021 when “fossil fuels” appeared in the Cop26 declaration. It was the first time they had ever been mentioned in the text of a Cop agreement – officially recognising the taproot of a human-led climate emergency. Two years is a long time in geopolitics. This year’s Cop28, which begins on Thursday in Dubai, will be presided over by Sultan Al Jaber, the chief executive of the state oil company of the United Arab Emirates, which has the largest net-zero-busting expansion plans of any fossil fuel business in the world.

It was already doubtful that Mr Al Jaber was fit to lead global climate negotiations while responsible for planet-wrecking activities. This week’s revelations that he planned to lobby on oil and gas deals during meetings with foreign governments ahead of Cop28 further damage his credibility as an honest broker in climate negotiations. Mr Al Jaber had a hard enough job without hustles making a mockery of his independence.

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Loopholes enable EU ETS revenues to flow into fossils fuels projects, NGO warns

Carbon Pulse - Wed, 2023-11-29 04:41
EU ETS revenues are still being directed to fossil fuels infrastructure due to legal loopholes and a lack of transparency, green groups warned on Tuesday.
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India needs $101 bln in additional funding to get on track to net zero, report says

Carbon Pulse - Wed, 2023-11-29 04:31
India has pledged to triple its renewable energy capacity by 2030 as part of efforts to meet climate targets, but needs to spend $101 billion more than planned this decade to align itself with the International Energy Agency’s pathway to meeting its 2070 net zero target, according to a report released Wednesday.
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US airline backs carbon removals startup with production costs under $100/tonne

Carbon Pulse - Wed, 2023-11-29 04:00
A US carrier has become the first customer of a carbon dioxide removal (CDR) company that compresses biomass residue, such as timber or farm crops, into dense carbon blocks at relatively low cost.
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COP28: Earth's frozen zones are in trouble – we're already seeing the consequences

The Conversation - Wed, 2023-11-29 03:59
The world is on track to exceed 2°C warming within the next five years, with dire consequences for polar ice, mountain glaciers and permafrost – and human society. Timothy Naish, Professor in Earth Sciences, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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Biodiversity Pulse: Tuesday November 28, 2023

Carbon Pulse - Wed, 2023-11-29 03:33
A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
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COP28: PREVIEW – Article 6 negotiations to focus on technicals of international carbon trade

Carbon Pulse - Wed, 2023-11-29 02:59
With the UN body mandated to shape the carbon crediting mechanism under Article 6 of the Paris Agreement having already produced its final recommendations, the focus on markets in negotiations at COP28 will be on finalising technical details relating to the international trade of units, such as determining the rules around national authorisation of transactions, the transparency of reporting, and establishing safeguards for the mechanism.
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Estonian developer secures €2.5 mln to expand European forestry carbon projects

Carbon Pulse - Wed, 2023-11-29 02:37
An Estonia carbon project developer has raised €2.5 million in seed funding to expand its European portfolio of forestry activities, it said Tuesday.
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Only four of biggest companies have no-deforestation policy across whole supply chain, Ceres says

Carbon Pulse - Wed, 2023-11-29 02:22
Just four of 53 of the world’s biggest companies most at-risk from deforestation loss have a policy on the topic covering their entire supply chains, non-profit Ceres has found.
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RWE drops strategic hedging of lignite as green investment rush marks the end of an era

Carbon Pulse - Wed, 2023-11-29 01:57
German utility RWE, historically the biggest emitter in the EU ETS, is dropping its 'strategic' hedging of carbon for lignite coal power production, it announced Tuesday, as it unveiled an ambitious new roadmap for green energy technology investment over the next seven years.
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Isn’t this the eureka moment: a Cop28 to save the planet – staged by oil barons who imperil it? | Marina Hyde

The Guardian - Wed, 2023-11-29 00:36

The UAE will have its moment of glory while the UK press worries more about petrostate money buying the Telegraph

“A petrostate hosting a climate conference” sounds like a situation shouted out at an improv night, after they’ve done the ones about a fox hosting a henhouse and Jimmy Savile hosting Jim’ll Fix It. Arguably, though, the fact the president of this week’s Cop28 climate conference in Dubai is also the CEO of the United Arab Emirates’ state oil firm crosses the fine line between mirthless joke and extinction-level distress signal. Happily for Sultan Al Jaber, this metaphorical flare will be obscured by all the actual flares caused by oil companies still cheerily burning waste gas across the Gulf. Maybe the various Emirati governments will order the oil firms to lay off this toxic practice – ineffectually outlawed by the UAE 20 years ago – for the duration of the conference, a bit like the Chinese government ordered many Beijing factories to shut down during the 2008 Olympics so that a pea-souper didn’t prevent enjoyment of the dressage. If not, international dignitaries flying into Cop28 on private planes will be able to look out of their windows at the oilfields and consider how nice it is to be welcomed by a roaring fire.

To the jolly old UAE, then, which can own our football clubs but not our newspapers, which should rather be squired by the right kind of meddling foreigners (Rupert Murdoch), criminal foreigners (Conrad Black), morality-vacuum island fort dwellers (the Barclays) or basic non-doms (the Rothermeres). Yes, the week’s other Emirati plotline is the hokey-cokey over the sale of the Telegraph, Sunday Telegraph and Spectator titles, which look like they could be at risk of effectively going to an investment fund backed by the Abu Dhabi ruling family. At present, only a half-arsed government probe stands between civilisation and a desert ski-resort corporate retreat at which former Telegraph editor Charles Moore would be seated heavily down-table from Pep Guardiola, and possibly even Jack Grealish.

Marina Hyde is a Guardian columnist

Cop28: Can fossil fuel companies transition to clean energy? On Tuesday 5 December, 8pm-9.15pm GMT, join Damian Carrington, Christiana Figueres, Tessa Khan and Mike Coffin for a livestreamed discussion on whether fossil fuel companies can transition to clean energy. Book tickets here or at theguardian.live

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VCM sees shift to pricier carbon credits as volume drops, says report

Carbon Pulse - Wed, 2023-11-29 00:15
This year has seen a shift in the voluntary carbon markets, with demand gravitating towards pricier, higher quality carbon credits that bring other benefits in addition to mitigating greenhouse gas emissions, according to a report published on Tuesday.
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Housebuilders in England may be made to look after trees they plant

The Guardian - Wed, 2023-11-29 00:00

Minister says aftercare must be included in targets, after concerns from woodland experts that many trees are dying

Housebuilders who “just shove trees in the ground” to meet planting targets will be made to ensure they survive by watering them properly, as part of plans being considered by ministers.

Under the government’s legally binding environment improvement plan targets, which replace EU nature rules, the aim is to increase England’s woodland cover from 10% to 16.5% by 2050. The government has therefore set tree planting targets and asked private businesses to contribute in return for funding or as part of a biodiversity net gain plan.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2023-11-28 22:45
European carbon prices slumped for a second day, falling to a new one-year low as selling across all energy markets continued, while traders also digested news that a major EU emitter had called time on its long-term hedging strategy.
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UK-France biodiversity credit panel calls for views on pricing, stewardship, offsets

Carbon Pulse - Tue, 2023-11-28 22:18
A UK-French led initiative on an international biodiversity credit market has launched a ‘call for views’ to help it address the challenges in scaling the market on topics including pricing, stewardship, and offsets.
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UN human rights experts express alarm over PFAS pollution in North Carolina

The Guardian - Tue, 2023-11-28 21:00

Evidence of Chemours-operated plant contaminating region is ‘alleged human rights violations’, say experts appointed by council

A new investigation by human rights experts appointed by the United Nations has expressed alarm at evidence of pollution from a North Carolina PFAS manufacturing plant, describing it as “alleged human rights violations and abuses against residents”.

The ongoing PFAS crisis in North Carolina has been linked to a Fayetteville Works plant operated by Chemours, a chemical giant that was spun off from DuPont in 2015.

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