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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-01-03 22:30
European carbon prices clawed back some of Tuesday's 5.5% drop in early trade on Wednesday as forecasts pointed to lower temperatures and reduced wind generation in the coming days, while energy prices also rallied.
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Ministers accused of breaking post-Brexit spending promise to English farmers

The Guardian - Wed, 2024-01-03 22:06

Exclusive: Figures show hundreds of millions of pounds from promised £2.4bn a year on agriculture not spent

The government has been accused of “breaking its promise” to English farmers, with hundreds of millions of pounds missing from the farming budget.

Ministers had promised that by the end of this parliament, they would spend £2.4bn a year on agriculture. This money was to replace the EU’s common agricultural policy, which paid farmers a hectare of land they managed. Instead, the government promised that farmers could improve the natural environment and be paid handsomely for delivering public goods, thus helping nature and keeping farms in business.

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Categories: Around The Web

Breakthrough in synthetic biology can capture ten times more CO2 than natural solutions, report says

Carbon Pulse - Wed, 2024-01-03 20:39
A research centre in Germany says it has found a new and novel way to trap CO2 via ‘synthetic biology’ that is far more effective than nature-based solutions.
Categories: Around The Web

UK asset manager signs deal to expand voluntary carbon in North Macedonia

Carbon Pulse - Wed, 2024-01-03 19:49
A London-based carbon asset manager has signed a memorandum of understanding with the Republic of North Macedonia to develop voluntary carbon market activities in the country, they announced Wednesday.
Categories: Around The Web

Carbon Policy Officer, BURN Manufacturing – Nairobi, Kenya

Carbon Pulse - Wed, 2024-01-03 19:21
BURN seeks a Carbon Policy Officer to support our carbon market activities under Article 6 of the Paris Agreement. This will analyse policy developments in our current and expansion markets and support our applications to buyers in the Global North.  
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Carbon Integrity Officer, BURN Manufacturing – Nairobi, Kenya

Carbon Pulse - Wed, 2024-01-03 19:21
BURN is seeking a Carbon Integrity Officer to support our cookstove carbon projects. This role will combine strategic thinking with analysis of carbon project monitoring and evaluation.
Categories: Around The Web

Carbon Policy Analyst, BURN Manufacturing – Nairobi, Kenya

Carbon Pulse - Wed, 2024-01-03 19:21
The Carbon Policy Analyst will play a pivotal role in shaping and executing our organization's strategies related to carbon policy on a regional scale.
Categories: Around The Web

China, Egypt agree early stage work for 10GW solar farm

Carbon Pulse - Wed, 2024-01-03 17:24
China will help Egypt build a gigawatt-scale solar farm as the North African nation works to progress its goal for renewable energy to make up 42% of electricity by 2030 and cut millions of tonnes of CO2, underpinned by private sector investment.
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Mysterious medieval cemetery unearthed in Wales

BBC - Wed, 2024-01-03 11:02
About 70 graves thought to date to the 6th or 7th Century have been discovered in Wales.
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CP Daily: Tuesday January 2, 2024

Carbon Pulse - Wed, 2024-01-03 10:30
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

New Argentine president includes provisions for national cap-and-trade system in overhaul efforts

Carbon Pulse - Wed, 2024-01-03 09:42
Freshly inaugurated President of Argentina Javier Milei last week included provisions for a national cap-and-trade system in an omnibus reform bill put forth to Congress, reinforcing the country's previous commitment to implementing a carbon market despite Milei's history of fiery anti-climate change rhetoric and anti-regulation ideology.
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Washington 2022 GHG output more than doubles following expanded reporting mandates

Carbon Pulse - Wed, 2024-01-03 08:48
Reported emissions in Washington saw a significant surge in 2022 as disclosure requirements extended to fuel suppliers and electric power entities (EPEs) for the first time, data published by the state showed.
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American timberland company earns over $900k for first batch of forest carbon offsets

Carbon Pulse - Wed, 2024-01-03 08:35
A Washington-headquartered wood products firm with forest acreage across the US and Canada announced on Tuesday the sale of the company’s first improved forest management (IFM) transaction in the voluntary carbon market.
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Louisiana allowed to permit underground wells for CO2 storage

Carbon Pulse - Wed, 2024-01-03 07:09
The Environmental Protection Agency (EPA) granted Louisiana a primary enforcement responsibility over the injection and sequestration of CO2, following a review process lasting several years that ultimately gave the state jurisdiction over burgeoning CO2 storage projects.
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ECOSYSTEM MARKETPLACE – REDD can be high quality: Here’s how

Carbon Pulse - Wed, 2024-01-03 06:46
Experts discuss the challenges and potential reforms in using REDD as a credible option for offsetting emissions, emphasising the need for high-integrity credits and improved methodologies to ensure environmental and social integrity while addressing criticisms and safeguarding Indigenous Peoples and local communities.
Categories: Around The Web

Are catnip and treats like it safe for cats? Here's how they affect their minds and moods

The Conversation - Wed, 2024-01-03 06:16
Are plant-based treats like catnip, cat thyme and silver vine safe for cats? And it it ethical to use them? Mia Cobb, Research Fellow, Animal Welfare Science Centre, The University of Melbourne Anne Quain, Senior Lecturer, Sydney School of Veterinary Science, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Spain to extend its windfall tax on energy companies to shield citizens from inflation

Carbon Pulse - Wed, 2024-01-03 04:33
Spanish is extending an existing measure to curb extraordinary profits of large energy companies, in an attempt to alleviate the effects of inflation.
Categories: Around The Web

VCM Report: Year-end rush sees 2023 carbon credit retirements top 2022 levels

Carbon Pulse - Wed, 2024-01-03 03:45
Voluntary carbon credit retirements in 2023 exceeded the levels of a year earlier on major registries after a surge in activity in December.
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China’s BYD overtakes Tesla as top-selling electric car seller

The Guardian - Wed, 2024-01-03 02:17

Build Your Dreams outsells rival in final quarter of 2023 figures for battery-only vehicles

Elon Musk’s Tesla has been overtaken by its Chinese rival, BYD, as the world’s top selling electric carmaker.

BYD, which has been backed by the US investment billionaire Warren Buffett since 2008, has beaten Tesla’s production for a second consecutive year.

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Categories: Around The Web

UK weather: 2023 was second warmest year on record, says Met Office

BBC - Wed, 2024-01-03 02:16
The 10 warmest years in the UK have all occurred since 2003 according to provisional Met Office data.
Categories: Around The Web

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