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Alberta rebates may weaken Canada’s carbon price signal, but don’t expect feds to act

Carbon Pulse - Tue, 2023-07-11 07:26
Recently-extended cost breaks for Alberta transportation fuel and natural gas consumption might run afoul of Canada’s federal CO2 pricing benchmark, but experts told Carbon Pulse they don’t believe Ottawa is likely to immediately challenge the relief measures in the oil-rich province.
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Nova Scotia eschews reserve volume for final regular cap-and-trade sale

Carbon Pulse - Tue, 2023-07-11 07:09
The Nova Scotia government on Monday disclosed the allowance volume on offer for the province’s last regular cap-and-trade auction next month, which unlike the previous sale does not include permits from the scheme’s reserve.
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New Australian laws for ‘engineering’ the ocean must balance environment protection and responsible research

The Conversation - Tue, 2023-07-11 06:08
Can we engineer oceans to store more carbon dioxide in the fight against climate change? A new bill before parliament seeks to regulate such activity, but holds back on research incentives. Kerryn Brent, Senior Lecturer, Adelaide Law School, University of Adelaide Jan McDonald, Professor of Environmental Law, University of Tasmania Manon Simon, Research Fellow, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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New transmission lines are controversial for nearby communities. But batteries and virtual lines could cut how many we need

The Conversation - Tue, 2023-07-11 06:08
We’ll need some new transmission lines to make Australia’s grid ready for the green energy shift. But there are clever ways of making more use out of our existing network. Lasantha Meegahapola, Associate Professor, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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VCM Report: Vintage roll drives rebound in standardised spot contracts, as VCMI aviation signal provides added boost

Carbon Pulse - Tue, 2023-07-11 05:05
Standardised carbon credits moved higher for a second consecutive week as the roll of two Xpansiv CBL contracts into new vintage eligibility years fed in support to the market, while news that buyer standards body VCMI has adopted CORSIA-eligible units within its rulebook continued to boost related products.
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Netherlands gets EU approval for programme to support industry GHG cuts

Carbon Pulse - Tue, 2023-07-11 03:48
The EU on Monday gave the green light to the latest version of a Dutch scheme to support industrial decarbonisation by subsidising the difference between low-carbon and conventional forms of output, paving the way for other member states despite fears about distorting the bloc-wide market.
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UK should press pause on deep-sea mining, Labour says

The Guardian - Tue, 2023-07-11 02:26

David Lammy says Labour government would join growing list of countries and multinationals opposing rush to mine the seabed

The Labour party has said the UK should back the call for a precautionary pause on deep-sea mining, ahead of a crucial meeting of nations in Jamaica to decide the future of the industry.

David Lammy, the shadow foreign secretary, said the Labour party was adding its voice to a growing list of countries and businesses urging that moves to start mining be halted “until and unless” there was clear scientific evidence that it could be done safely and the marine environment would be protected by new regulations.

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Nigeria issues warning against unauthorised carbon trading

Carbon Pulse - Tue, 2023-07-11 01:41
Nigeria's federal government has warned against unauthorised carbon trading, making the latest country to clamp down on market activities.
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Transparent mouse could improve cancer drug tests

BBC - Tue, 2023-07-11 01:02
Scientists say a new scanning method that can identify tiny tumours could revolutionise medical research.
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Drop carbon offsetting-based environmental claims, companies urged

The Guardian - Tue, 2023-07-11 01:00

New guidance says carbon credits should only be used to contribute to climate mitigation

Companies should drop offsetting-based environmental claims and adopt a “climate contribution” model instead, according to a new quality standard.

In a new code of practice, the Voluntary Carbon Markets Integrity Initiative (VCMI) has published guidance on how companies should use carbon credits as part of high-quality corporate action. It recommends that firms should disclose their emissions every year, show they are successfully meeting a science-based target aligned with the Paris agreement, and only use carbon credits to contribute to climate mitigation, moving away from claims that they have “cancelled out” their emissions by purchasing offsets.

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A deer: famous for their antlers but why not their tails? | Helen Sullivan

The Guardian - Tue, 2023-07-11 01:00

In Celtic mythology they’re known as “fairy cattle”

The word deer comes from dēor and der, which in old and middle English meant, simply, “animal”. The Dutch word “dier” still means this. The sense of a deer as an animal, as opposed to a human – it has been found to have referred to ants, fish and foxes – may come from “wilddēornes”, the origin of wilderness or wild-animal-ness.

Deer still seem to embody this mysterious animal-ness: four-legged wildness, dainty and strong, mysterious and controlled. You may say it is all in the antlers: I say it is all in the tail. I saw a small herd of fallow deer in London’s Clissold park recently. A doe walked up to the fence as I walked past, then turned away and flicked her white tail: a flash of white, like a shooting star you’re not sure you’ve seen, like the tap of a fluffy wand, like a cute cursor blinking.

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Heatwave last summer killed 61,000 people in Europe, research finds

The Guardian - Tue, 2023-07-11 01:00

Hottest summer on record – fuelled by climate crisis – brought unusually high mortality rates, statistics show

Searing heat killed more than 60,000 people in Europe last summer, scientists have found, in a disaster made deadlier by greenhouse gases baking the planet.

EU statisticians rang alarm bells in August, as sweltering heat, withering drought and raging fires consumed much of the continent, after seeing unusually high numbers of people die during Europe’s hottest summer on record.

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Uzbekistan gets $46 mln World Bank grant to facilitate international carbon markets access

Carbon Pulse - Tue, 2023-07-11 00:13
Uzbekistan has received a $46.25 million grant from the World Bank for its Innovative Carbon Resource Application for Energy Transition Project (iCRAFT), in an effort to decrease the greenhouse gas emissions and promote energy efficiency in the Central Asian country and help it access international carbon markets.
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London wildfire response hit by crew shortages - report

BBC - Mon, 2023-07-10 23:00
Crew shortages meant 39 engines were not available to fight London's wildfires last July, a review finds.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2023-07-10 21:52
European carbon prices continued to trade in a narrow band between key technical levels early on Monday as the market awaited new direction amid the onset of summer, while energy markets were weaker as demand appeared to slacken.
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ANALYSIS: Governments set down marker in tackling cookstove over-crediting

Carbon Pulse - Mon, 2023-07-10 21:13
Governments are drastically slashing carbon credit issuance rates from their own cookstove projects and helping craft a new global framework to tackle integrity concerns, moves that could point to an overhaul of a hefty chunk of the voluntary carbon market.
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Rangers ‘heartbroken’ after 600 dead Arctic tern chicks found in Northumberland

The Guardian - Mon, 2023-07-10 21:10

Bird flu suspected as cause of death of vulnerable migratory birds at Long Nanny, the biggest UK breeding colony

National Trust rangers have described their “heartbreak and worry” after recovering more than 600 dead chicks at Britain’s largest mainland colony of Arctic terns.

The trust said on Monday that Long Nanny, on the coast of Northumberland, had been hit by a suspected outbreak of avian flu during the peak of the breeding season.

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Consultancy publishes framework to help businesses act on biodiversity impact

Carbon Pulse - Mon, 2023-07-10 20:31
A nature consultancy has published a paper outlining how businesses should enact transformative change to become 'nature positive', proposing a practical framework to help firms understand how to implement biodiversity-friendly measures.
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SK subsidiary recieves Korean offsets through asphalt production project

Carbon Pulse - Mon, 2023-07-10 19:27
SK Energy, a subsidiary of South Korea's largest energy company SK Innovation, has received government-certified carbon credits with an offset project that cuts emissions by improving energy efficiency during asphalt production.
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UK should quit ‘climate-wrecking’ energy treaty, say official advisers

The Guardian - Mon, 2023-07-10 18:48

Climate Change Committee recommends leaving energy charter treaty, which critics say is ‘weaponised’ by fossil fuel firms

The UK should quit a controversial energy treaty to stop it delaying vital climate action and triggering huge taxpayer payouts to fossil fuel companies, according to the government’s official advisers.

The energy charter treaty (ECT) is a system of secret courts that enables companies to sue governments over policies that would cut their future profits. Companies have sued over phasing out coal-fired power stations, ending offshore oil drilling and banning fracking. The UK’s Climate Change Committee said Britain should withdraw from the ECT because recently proposed reforms did not go far enough.

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