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WCI Markets: CCAs drop ahead of auction, WCAs climb towards record highs after reserve sale

Carbon Pulse - Fri, 2023-08-18 08:19
California Carbon Allowances (CCAs) declined heading into Wednesday's Q3 auction as entities geared up to buy volume, while Washington Carbon Allowances (WCAs) lifted this week following the publication of results from the sold-out reserve sale.
Categories: Around The Web

Carbon accounting platform forges Nasdaq tie-up ahead of US climate disclosure rules

Carbon Pulse - Fri, 2023-08-18 07:50
A UK-based company on Thursday announced it has partnered with US stock exchange Nasdaq to provide carbon accounting services to firms ahead of the anticipated launch of the Biden administration’s final climate disclosure rules.
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ANALYSIS: Ottawa likely has authority to enforce Clean Electricity Regulations on provinces

Carbon Pulse - Fri, 2023-08-18 07:31
Canada’s proposed Clean Electricity Regulations (CER) largely hold jurisdiction to regulate the CO2 emissions of provincial electricity generation, legal experts told Carbon Pulse, despite claims from the premiers of Alberta and Saskatchewan that the forthcoming climate policy is unconstitutional. 
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Uttarakhand and Himachal Pradesh: More rain, less snow are turning Himalayas dangerous

BBC - Fri, 2023-08-18 07:21
Landslides and flash floods have killed dozens India's Himalayan states this month.
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UAE awards contract for huge 1.8GW solar park addition at record low prices

RenewEconomy - Fri, 2023-08-18 07:14

Masdar's bid for the job marks the lowest levelised cost of energy for solar commissioned under Dubai's massive solar park developments.

The post UAE awards contract for huge 1.8GW solar park addition at record low prices appeared first on RenewEconomy.

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UNDP launches open-source registry to help manage carbon credit trade

Carbon Pulse - Fri, 2023-08-18 06:49
The United Nations Development Programme (UNDP) on Thursday announced new open-source software to allow countries to manage national data and trade in carbon credits, bucking the existing trend of monolithic and siloed systems.
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Yes, climate change is bringing bushfires more often. But some ecosystems in Australia are suffering the most

The Conversation - Fri, 2023-08-18 06:10
Fire frequency is increasing in all ecosystems studied. But in some places, fires were occurring so often it put entire ecosystems at risk of collapse. David Lindenmayer, Professor, The Fenner School of Environment and Society, Australian National University Chris Taylor, Research Fellow, Fenner School of Environment and Society, Australian National University Maldwyn John Evans, Senior Research Fellow, Australian National University Philip Zylstra, Adjunct Associate Professor at Curtin University, Research Associate at University of New South Wales, Curtin University Licensed as Creative Commons – attribution, no derivatives.
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EU executive adopts new reporting rules for CBAM kick-off, outlining reporting penalties

Carbon Pulse - Fri, 2023-08-18 05:51
The European Commission adopted on Thursday the reporting rules for the bloc's upcoming carbon carbon adjustment mechanism (CBAM), starting its transitional phase in October.
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Nature-based solutions set to drive massive growth in voluntary carbon market, bank says

Carbon Pulse - Fri, 2023-08-18 05:47
The market for nature-based carbon solutions is likely to grow to as much as $250 billion a year in the next decade, with an increasing focus on combining natural carbon sinks with technology-based removals expected to help drive the voluntary market to as much as $1.5 trillion by 2050, according to a new report.
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Drinking water of millions of Americans contaminated with ‘forever chemicals’

The Guardian - Fri, 2023-08-18 04:29

Water of about 26 million is contaminated as new data offers the most robust look into exactly which communities are polluted

Drinking water consumed by millions of Americans from hundreds of communities spread across the United States is contaminated with dangerous levels of toxic chemicals, according to testing data released Thursday by the Environmental Protection Agency (EPA).

The data shows that drinking water systems serving small towns to large cities – from tiny Collegeville, Pennsylvania, to Fresno, California – contain measurable levels of so-called “forever chemicals”, a family of durable compounds long used in a variety of commercial products but that are now known to be harmful.

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TPG Rise Climate obtains majority stake in refrigerant carbon credit developer A-Gas

Carbon Pulse - Fri, 2023-08-18 02:49
Investor TPG Rise Climate on Thursday announced it has acquired a majority stake in UK-headquartered refrigerant capture company A-Gas, allowing it to gain a stronger footing in the US carbon offset market.
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Carbon ratings provider joins space agency project to weigh climate impact of wildfires

Carbon Pulse - Fri, 2023-08-18 02:37
A carbon credit ratings agency has partnered with research institutions on a European Space Agency project to assess impact of wildfires on the carbon cycle, the company announced on Thursday.
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Science-based targets see 87% increase in companies with validated targets, but monitoring remains a challenge

Carbon Pulse - Fri, 2023-08-18 02:19
The Science-Based Targets initiative (SBTi) signalled a significant increase in validated corporate climate targets in its 2022 annual report, but flagged a lack of full coverage with progress reporting.
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FEATURE: To unlock blue carbon’s vast potential, clear standards, accurate pricing, and scalable technology are needed

Carbon Pulse - Fri, 2023-08-18 00:56
Progress is being made to advance the fledgling market for blue carbon through dedicated methodologies and capacity building efforts, yet more could be done to enable project developers to access the carbon markets more effectively and to scale projects faster, say industry experts.
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90% of Great Lakes water samples have unsafe microplastic levels – report

The Guardian - Fri, 2023-08-18 00:00

But experts say damage can be reversed if US and Canada act quickly to stop new plastics from entering lake system

About 90% of water samples taken over the last 10 years from the Great Lakes contain microplastic levels that are unsafe for wildlife, a new peer-reviewed paper from the University of Toronto finds.

About 20% of those samples are at the highest level of risk, but the study’s authors say the damage can be reversed if the US and Canada quickly act.

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Ministers criticised for scrapping new food waste laws for England

The Guardian - Thu, 2023-08-17 23:16

Mandatory reporting for large and medium-sized businesses would lower prices and help climate, say campaigners

The government has been criticised for binning food waste legislation that campaigners say could have reduced food prices and helped tackle the climate crisis.

The policy would have made food waste reporting mandatory for large and medium-sized businesses in England. According to research by the environmental campaign group Feedback, if it led to just a 1% reduction in food waste, food businesses would save an estimated total of at least £24.4m a year.

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Report reveals nature consistently overlooked in decision-making by most financial institutions

Carbon Pulse - Thu, 2023-08-17 22:37
Financial institutions are failing to account for nature-related dependencies and risks in their decision-making, according to a report published Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-08-17 21:49
European carbon prices rose for the fifth time in the last six sessions on Thursday, climbing to their highest in 13 days and shrugging off the weakest auction in seven weeks as buying activity picked up slightly, while energy markets continued to consolidate amid uncertainty over LNG supply in the coming weeks.
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Biodiversity Pulse Weekly: Thursday August 17, 2023

Carbon Pulse - Thu, 2023-08-17 21:23
A 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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From retiring to rewilding: Charity purchases land for former circus elephants’ last hurrah

Carbon Pulse - Thu, 2023-08-17 21:14
A UK-based charity has purchased land in Alentejo, Portugal with a vision to transform it into a rewilding project and sanctuary for former circus elephants.
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