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WCI Markets: CCAs notch modest gains on thin volume, as traders shrug off Washington influence

Carbon Pulse - Fri, 2023-09-08 07:44
California Carbon Allowances (CCA) remained fairly resilient to Washington Carbon Allowance (WCA) market mayhem and through a week of subdued equity market sentiment, while traders also pointed to a forthcoming rulemaking and options activity in explaining the recent price increases.
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Greece: residents rescued in helicopters after severe floods – video

The Guardian - Fri, 2023-09-08 06:24

Four days of torrential rain have lashed central Greece, triggering landslides and causing widespread destruction. Rescue services evacuated residents waiting on the top floors of their homes. Authorities said the death toll from Storm Daniel rose to four

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Brazil’s Goias state to use carbon market to hit 2050 CO2 neutrality

Carbon Pulse - Fri, 2023-09-08 06:18
The central Brazilian state of Goias on Wednesday announced it will soon unveil a plan to zero out its GHG emissions by mid-century, in part through a jurisdictional REDD+ crediting system.
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Drowning risk increases during heatwaves in unexpected ways - here's how to stay safe this summer

The Conversation - Fri, 2023-09-08 06:02
New research reveals drowning risk increases during Australian heatwaves, especially severe heatwaves. Here’s who is most at risk and what we can all do to stay safe. Amy Peden, NHMRC Research Fellow, School of Population Health & co-founder UNSW Beach Safety Research Group, UNSW Sydney Hannah Mason, Research assistant, James Cook University Jemma King, Lecturer, Public Health Richard Franklin, Professor, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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Whales stop singing and rock lobsters lose their balance: how seismic surveys can harm marine life

The Conversation - Fri, 2023-09-08 06:01
Mounting evidence shows seismic surveys can harm a range of marine animals. Ryan Day, Senior research fellow, University of Tasmania Jayson Semmens, Professor, Sustainable Marine Research Collaboration, University of Tasmania Robert McCauley, Professor at the Centre for Marine Science and Technology, Curtin University Licensed as Creative Commons – attribution, no derivatives.
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Panama clarifies reforestation projects can participate in global voluntary carbon markets

Carbon Pulse - Fri, 2023-09-08 05:48
The Panama environment ministry on Wednesday released a statement noting that private reforestation projects are eligible to sell offsets into the voluntary carbon market (VCM), so long as they meet requirements under the country’s climate policies.
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Silicon Valley investors want to create a new city – is 'California Forever’ a utopian dream or just smart business?

The Conversation - Fri, 2023-09-08 05:47
A controversial new city project in northern California has echoes of past utopian plans – but idealism and commercial reality have always been uneasy partners. Iain White, Professor of Environmental Planning, University of Waikato Licensed as Creative Commons – attribution, no derivatives.
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Climate tech firm raises $11 mln for direct air capture technology it says reduces costs

Carbon Pulse - Fri, 2023-09-08 04:41
A new direct air capture (DAC) advancement which negates the needs for energy intensive fans is being touted by a climate tech firm that claims to have significantly reduced the cost of operation.
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Microsoft and other large multinationals pour more investment into carbon removal purchases

Carbon Pulse - Fri, 2023-09-08 04:27
Tech giant Microsoft on Thursday announced one of the largest-ever carbon removal deals, as a corporate buyers’ organisation also revealed it has spent several million more in purchases from a group of 12 startups in the sector.
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Shrinking fish drive decline in size of animal and plant species, says study

The Guardian - Fri, 2023-09-08 04:00

Analysis of thousands of species finds some invertebrates and plants also getting smaller, while others are increasing in body size

A global analysis of thousands of animal and plant sizes has found that species are shrinking, an effect most clearly found by researchers in changes to the body size of fish, which are getting smaller.

Species such as the thorny skate, a north Atlantic fish that can grow up to a metre in length, have become smaller, while smaller-bodied species such as mackerel are growing in abundance, according to the researchers, changing the composition and functioning of ecosystems.

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Colombian government announces billion-dollar fund to tackle deforestation

Carbon Pulse - Fri, 2023-09-08 03:07
The Colombian environment ministry on Wednesday announced a fund to help reduce deforestation and put the country on track to reach its climate targets.
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'I don't know what to make of that': mysterious golden orb found on Alaskan ocean floor – video

The Guardian - Fri, 2023-09-08 02:59

A golden orb has been discovered on the ocean floor off the Pacific coast of Alaska. The smooth object with an intriguing hole at the centre was found at the depth of about two miles by a remote-controlled submarine explorer. Scientists at the National Oceanic and Atmospheric Administration (NOAA) in the US, made the discovery. Researchers are conducting tests to work out what the object is.

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ANALYSIS: Alberta’s TIER regime faces pressure to tighten emissions benchmarks from federal programmes, CCUS

Carbon Pulse - Fri, 2023-09-08 02:40
Alberta may need to strengthen its large emitter system to avoid running afoul of the Canadian CO2 pricing benchmark, as the impact of federal climate policies and carbon capture projects on the province may eliminate significant demand drive down credit prices, experts and market participants told Carbon Pulse.
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Has Australia cleaned up its act on climate?

BBC - Fri, 2023-09-08 02:28
Elected last year, PM Anthony Albanese vowed to haul his laggard nation from the "naughty corner".
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EU nations urged to pursue power market reform in grid renovation wave

Carbon Pulse - Fri, 2023-09-08 02:20
EU nations should make progress "as soon as possible" on the European Commission's proposal to tackle high energy prices and energy supply issues, the executive's energy chief Kadri Simson reminded participants of a high-level forum in Brussels on Thursday.
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80% of TNFD members want to adopt its recommendations by 2026, chair says

Carbon Pulse - Fri, 2023-09-08 02:14
Around 80% of the 1,100 members of the Taskforce on Nature-related Financial Disclosures (TNFD) forum said they would adopt its recommendations by 2026, the co-chair of the taskforce has said.
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Voluntary carbon analytics firm calculates 60% drop in price of direct air capture units by 2030

Carbon Pulse - Fri, 2023-09-08 01:34
Analysts at a voluntary carbon market data firm have estimated that the price-per-tonne of direct air capture units will fall below $450 by the end of the decade, based on forecasts from around 100 stakeholders in engineered removals, they wrote in a post published Thursday.
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Climate adaptation finance to Africa must increase tenfold, research shows

The Guardian - Fri, 2023-09-08 01:23

Countries forced to choose between climate resilience, fighting poverty and paying debts, says Ban Ki-moon

The flow of climate adaptation finance to Africa must increase up to tenfold by 2035 to meet the deepening effects of the climate crisis, according to research.

As the Africa Climate Summit continued in Nairobi, campaigners spoke of the desperate need to get funding to people who are already being affected by climate change. Africa, the region most impacted by the climate emergency, receives only 3% of global climate finance.

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Analysts latest to launch country-level index to aid voluntary carbon market investors

Carbon Pulse - Fri, 2023-09-08 00:03
A carbon analytics firm has announced a new indexing system that ranks countries based on their regulatory and investment attractiveness for voluntary carbon market (VCM) projects, following on from another marketplace announcing a similar service earlier this week, as they both aim to clear up the information landscape amid the rapidly changing sector.
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EU trade deficit imperils bloc’s big-emitting manufacturing industries -industry alliance

Carbon Pulse - Thu, 2023-09-07 23:27
EU industries’ trade deficit is widening and risks deteriorating further if concrete, targeted solutions are not implemented, representatives from 25 EU industries have warned in a letter sent to  European Commission President Ursula Von der Leyen, Commissioners, and the EU parliament on Thursday.
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