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Biodiversity credit developer, skin care firm team up for nature conserving body wash

Carbon Pulse - Wed, 2024-04-03 13:50
An Australian biodiversity credit company has partnered with a local skin care product producer to launch a body wash and moisturiser set that will protect one square metre of a biologically rich area of coastal South Australia per unit sold, in what they hope will prove a use case for demand in the fledgling nature crediting market.
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Major energy projections suggest carbon removal essential to limit warming, but full fossil fuel phaseout not required -report

Carbon Pulse - Wed, 2024-04-03 12:01
Eight energy outlooks published in 2023, alongside historical data sources, see substantial fossil fuel consumption through at least 2050, implying a scale-up of carbon removal technologies will be required in order to meet international climate targets, according to a report published Tuesday by a US non-profit research institution.
Categories: Around The Web

Nova Scotia’s new climate plan “better than a carbon tax” but a rehash of old measures

Carbon Pulse - Wed, 2024-04-03 11:59
Nova Scotia on Tuesday submitted an alternative strategy to the Canadian federal carbon tax, though observers noted that the proposal was a rehash of previously-released measures aimed at achieving the province's environmental targets.
Categories: Around The Web

Oregon commences rulemaking to re-establish GHG reduction programme

Carbon Pulse - Wed, 2024-04-03 11:51
An Oregon Department of Environmental Protection (DEQ) advisory committee on Tuesday discussed modifications to emissions caps, covered entity thresholds, and compliance distribution alternatives as part of a new rulemaking for the state’s scrapped Climate Protection Program (CPP).
Categories: Around The Web

Australia Market Roundup: 1 mln ACCUs issued, industry body calls for sufficient budgetary funding

Carbon Pulse - Wed, 2024-04-03 11:09
Australia’s Clean Energy Regulator has issued just over 1 million new Australian Carbon Credit Units (ACCUs), while an industry body calls for sufficient budget funding from the government to ensure reforms to the market are carried out.
Categories: Around The Web

Why artificial submarine curtains won’t save West Antarctica’s retreating glaciers

The Conversation - Wed, 2024-04-03 10:56
Geoengineering proposals to cool the ocean would indeed reduce ice loss from West Antarctica’s glaciers, but not enough to stop sea-level rise or allow the ice sheet to regrow. Alanna Alevropoulos-Borrill, Postdoctoral Research Fellow, Te Herenga Waka — Victoria University of Wellington Nick Golledge, Professor of Glaciology, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

RGGI confirms near-universal compliance in fifth control period, as RGA prices drop

Carbon Pulse - Wed, 2024-04-03 10:25
RGGI confirmed near-universal compliance for the fifth three-year compliance period of the regional power sector cap-and-trade scheme, while RGGI allowance (RGA) prices dipped considerably in an unrelated development, correcting from historic highs in the face of continued lack of Program Review news.
Categories: Around The Web

Canadian carbon offset financier sees project revaluation income boost but faces cash squeeze

Carbon Pulse - Wed, 2024-04-03 10:09
A Toronto-headquartered voluntary carbon investor saw positive income in 2023 following a major revaluation of its only credit-issuing project to-date, but needs to raise more cash to fund planned operations for the next 12 months, it reported Tuesday.
Categories: Around The Web

Brazilian steelmaker sells 15,000 biochar carbon credits to California-based removals marketplace

Carbon Pulse - Wed, 2024-04-03 08:09
The bioenergy division of a Brazil-based steelmaker has sold a San Francisco-headquartered carbon removals marketplace 15,000 tonnes of biochar credits so far in 2024, they said Tuesday.
Categories: Around The Web

Canadian conservation groups urge federal govt to address forestry, logging gap in GHG emissions review

Carbon Pulse - Wed, 2024-04-03 07:59
Eleven Canadian conservation groups have urged federal government ministries to include logging and forestry emissions in an ongoing review of national greenhouse gas accounting practices.
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EFTA watchdog opens probe into Norway’s CO2 tax exemptions amid EU ETS overlap concerns

Carbon Pulse - Wed, 2024-04-03 07:15
The body that monitors compliance by members of the European Free Trade Association (EFTA) with the EU’s single market rules has opened an investigation into Norway’s proposed exemptions from certain carbon taxes for industries covered by the EU ETS, saying it “has doubts” as to whether the country’s measures are in line with the bloc’s state aid rules.
Categories: Around The Web

A 20-year ‘mega-drought’ in Australia? Research suggests it’s happened before – and we should expect it again

The Conversation - Wed, 2024-04-03 05:13
Natural variability in Australian rainfall can produce “mega-droughts” lasting 20 years or more. Add in human-caused climate change, and future droughts may be far worse than imagined. Georgina Falster, Postdoctoral Fellow, Australian National University Nerilie Abram, Chief Investigator for the ARC Centre of Excellence for Climate Extremes; Deputy Director for the Australian Centre for Excellence in Antarctic Science; Deputy Director for the Centre of Excellence for 21st Century Weather, Australian National University Nicky Wright, Research Fellow, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

EU accounting rules could cost banks €28 bln if they divest entirely from fossil fuels -study

Carbon Pulse - Wed, 2024-04-03 01:59
Divesting from fossil fuels could cost banks dearly as a result of model-based EU financial regulations that rely on backward-looking risk estimates, which are insensitive to ‘structural breaks’ like the clean energy transition, according to peer-reviewed research published Tuesday.
Categories: Around The Web

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