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Carbon removal intermediary raises $13 mln in fast-growing nascent sector

Carbon Pulse - Thu, 2023-06-22 09:01
A startup carbon removal marketplace has raised $13 million in Series A funding after claiming a substantial share of the high-value deals seen to date in the nascent sector.
Categories: Around The Web

Berlin-based carbon footprint calculator startup raises €3.5 mln

Carbon Pulse - Thu, 2023-06-22 08:57
A Berlin-based climate tech startup has raised €3.5 million in funding to help it develop its precise carbon footprint calculation and compensation tool for travel and logistics emissions.
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Company valuation at risk if sustainability perception, performance not aligned -consultancy

Carbon Pulse - Thu, 2023-06-22 08:31
A significant amount of value is at risk for many of the world's biggest brands if their stakeholders' perceptions of sustainability are not in alignment with actual corporate performance, according to a study.
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Largest solar and storage project in western Pacific comes online in Palau

RenewEconomy - Thu, 2023-06-22 07:55

Largest solar and battery storage project in the Western Pacific will meet more than 25% of Palau's electricity needs.

The post Largest solar and storage project in western Pacific comes online in Palau appeared first on RenewEconomy.

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Caribbean seagrass stores $88 bln worth of carbon annually -study

Carbon Pulse - Thu, 2023-06-22 07:40
Caribbean seagrass offers various benefits worth around $255 billion annually, including $88.3 bln worth of carbon storage, according to a new study.
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Estonian carbon removals startup raises €1 mln from investors for African projects

Carbon Pulse - Thu, 2023-06-22 06:53
An Estonian startup developing carbon removal projects through land restoration in Africa has successfully closed a €1 million investment round.
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Blockchain company poaches head of origination from nature-based carbon credit investor

Carbon Pulse - Thu, 2023-06-22 06:33
A US-based blockchain company has hired the lead originator from an Australia-headquartered carbon market financier and asset manager, as the firm readies for a major registry to permit credit tokenisation in Q3.
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US federal review panel calls for halt of food company’s net zero claims

Carbon Pulse - Thu, 2023-06-22 06:23
A government advertising watchdog on Tuesday made a recommendation for a US-based multinational food processing company to discontinue using claims relating to achieving net zero emissions.
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Before the colonists came, we burned small and burned often to avoid big fires. It's time to relearn cultural burning

The Conversation - Thu, 2023-06-22 06:03
Before the colonists came, we managed the land with careful use of cool burns. To stop giant bushfires, we have to learn again how to care for country. Robbie Williams, Traditional Owner, Indigenous Knowledge Licensed as Creative Commons – attribution, no derivatives.
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Multi-year US RFS blending quotas underwhelm on advanced biofuels, avoid E-RINs

Carbon Pulse - Thu, 2023-06-22 05:50
The US EPA published its final Renewable Fuel Standard (RFS) blending quotas on Wednesday for the next three years without the ‘e-RIN’ proposal, as the advanced biofuels quota surprised market participants by not increasing as much as expected compared to the preliminary volumes.
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EU cuts July to December auction volumes 22% after REPowerEU permits added, MSR withdrawal

Carbon Pulse - Thu, 2023-06-22 05:11
EU member states will cut the total volume of EUAs sold at auction between July and September by 22% after the bloc begins selling allowances in July to fund the EU’s REPowerEU initiative, and the market stability reserve adjusts market supply in the last four months of the year.
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Massachusetts June GWSA carbon auction settles at lowest price in five sales

Carbon Pulse - Thu, 2023-06-22 04:45
Massachusetts’ Global Warming Solutions Act (GWSA) current vintage cap-and-trade auction this month settled at the lowest level since last March as offered volume increased, while the future vintage sale cleared at the highest price since September, according to results published Wednesday.
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Titanic sub: Safety concerns raised about missing submersible

BBC - Thu, 2023-06-22 03:15
A former employee warned of potential safety problems with the OceanGate vessel in 2018.
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Swiss paying an average of $23.50 for Article 6 carbon credits, far below domestic costs

Carbon Pulse - Thu, 2023-06-22 02:58
Buying sovereign carbon credits is proving far cheaper than domestic offsetting in Switzerland to hit Paris Agreement climate targets, the Klik Foundation revealed Wednesday in the wake of last week's referendum that saw Swiss voters back the new climate bill to cut fossil fuel use and reach net zero by 2050.
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Grenades in the French Alps: Protesters clash with police over world's longest tunnel – video

The Guardian - Thu, 2023-06-22 01:55

Protesters clashed with police in the Maurienne Valley, south east France on Saturday, as they demonstrated against a tunnel being built through the base of the Alpine range that separates France and Italy. The protesters were attempting to reach a site where drilling has already begun on what will be the world's longest tunnel, but were blocked by police. 

The protests were led by Les Soulèvements de la Terre (Earth Uprising) - an umbrella group of several different environmental activist associations across France. On June 21 the French government dissolved the collective claiming their actions were violent and led to material damage. Lawyers for Les Soulèvements de la Terre immediately announced their intention to file an appeal

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Aristocrat forced to open part of estate to public after council ruling

The Guardian - Thu, 2023-06-22 01:42

Hertfordshire council rules area of land on Hatfield House estate – owned by Marquess of Salisbury – is common land

The aristocrat who owns Hatfield House country manor has been forced to allow the general public to walk on part of his estate after the local council ruled that it was common land.

Earlier this year, the Marquess of Salisbury, Robert Gascoyne-Cecil, opposed an application by the Open Spaces Society (OSS) to register a 1.8 hectare (4.45 acre) area of land on his estate as a common. Gascoyne-Cecil is a Conservative politician, once an MP and minister, and now sits in the Lords as a hereditary peer.

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Experts urge integrity alignment between voluntary carbon market and Article 6 to end confusion

Carbon Pulse - Thu, 2023-06-22 00:53
The voluntary carbon market (VCM) and Article 6 should apply a common criteria of minimum integrity to clean up confusion across buyers and sellers and ensure that carbon credits remain consistently regulated in line with international practices, experts told a virtual event on Wednesday.
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Climate campaigner takes Surrey oil drilling case to supreme court

The Guardian - Thu, 2023-06-22 00:32

Sarah Finch’s challenge to plans to allow oil well hinges on wider environmental impact of fossil fuels

Climate campaigners have begun a supreme court challenge to plans to drill for oil in Surrey, in a case they hope could set a precedent restricting plans for future fossil fuel projects in the UK.

Sarah Finch is challenging Surrey county council’s decision to extend permission for a well at Horse Hill, near Gatwick airport in the Surrey countryside, which taps a subterranean reservoir developers believe may contain millions of barrels of oil.

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EU Green Deal future seen as resilient despite threat from political volatility -experts

Carbon Pulse - Thu, 2023-06-22 00:21
Sustainability experts are optimistic that the European Green Deal agenda can continue on a net zero 2050 pathway, despite a recent wave of “climate fatigue” that has hit some parts of the bloc's political spectrum.
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Removals in the EU ETS is a question of how, not if, says academic

Carbon Pulse - Wed, 2023-06-21 23:56
The inclusion of removals into the EU ETS will be inevitable in order to achieve the market's "endgame" around 2040, according to an academic who specialises in European carbon pricing.
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