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Africa biodiversity advisor warns against relying too heavily on private financing, credit markets

Carbon Pulse - Wed, 2024-03-27 15:48
Relying on private financing such as environmental credits as the main means to scale funding of nature could be "a risky strategy", a top advisor to African biodiversity negotiators said Tuesday.
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Three of UK’s top five bamboo loo roll brands made from other wood

The Guardian - Wed, 2024-03-27 15:00

Some ‘ecologically sound’ brands contain as little as 2.7% of the eco-friendly paper alternative

In the bathrooms of the ecologically conscious, bamboo toilet paper is the new bottom line – a supposedly green alternative to the bog-standard pulp-based loo roll that requires the chopping down of 1m trees a year, just to be flushed down the pan.

But new findings from consumer watchdog Which? will wipe away that smug feeling: samples of three out of the five of the UK’s top bamboo brands were actually made from other woods, some of them heavily implicated in deforestation.

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Hong Kong-based airline sets 2030 carbon intensity target, expands SAF use

Carbon Pulse - Wed, 2024-03-27 13:16
A Hong Kong-headquartered airline has set a new carbon intensity target for 2030, with plans to expand the use of sustainable aviation fuel (SAF) to support its climate goals.
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Study raises fresh doubts on Australian human-induced regeneration projects, ACCU price sinks

Carbon Pulse - Wed, 2024-03-27 13:12
A peer-reviewed paper has cast further doubt on human-induced regeneration (HIR) projects in Australia, finding that a large portion of pre-2022 projects are non-additional, while highlighting the politically-charged nature of the country’s carbon market.
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£5bn Thames super sewer set for completion

BBC - Wed, 2024-03-27 11:43
The 16-mile tunnel across central London will capture raw sewage that would have spilled into the river.
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POLL: EU ETS emissions seen down a record 14% in 2023

Carbon Pulse - Wed, 2024-03-27 11:30
Verified emissions covered under the EU ETS likely fell by a record 14% year-over-year in 2023, according to a poll of 13 analysts.
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These extraordinary Australian islands are teeming with life – and we must protect them before it’s too late

The Conversation - Wed, 2024-03-27 11:14
A new report has found the marine reserve covering the Heard and McDonald islands must urgently be expanded. Ian Cresswell, Adjunct professor, The University of Western Australia Andrew J Constable, Adviser, Antarctica and Marine Systems, Science & Policy, University of Tasmania Keith Reid, Honorary Research Associate, Institute for Marine and Antarctic Studies, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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Continued capacity expansion hampers China’s shift to greener steel -report

Carbon Pulse - Wed, 2024-03-27 11:00
Continued aggressive spending on new production capacity, alongside plummeting profitability, has made China's steel sector financially vulnerable and hampered the industry-wise shift to greener furnaces, a report has found.
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BC utility cannot provide 100% renewable gas to all new homes, faces separate greenwashing lawsuit

Carbon Pulse - Wed, 2024-03-27 10:18
A British Columbia regulator rejected a provincial utility's proposal to provide 100% renewable natural gas (RNG) to all new homes at subsidised rates, while an environmental non-profit took the company to court on Tuesday for alleged greenwashing.
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Canada-based offset developer hires European carbon market expert to head trading desk

Carbon Pulse - Wed, 2024-03-27 09:14
A Canada-based offset project developer has hired a European carbon market expert to lead its trading desk.
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‘Tone-deaf’ fossil gas growth in Europe is speeding climate crisis, say activists

The Guardian - Wed, 2024-03-27 09:00

Just 2% of continent’s gas capacity has planned retirement date despite pledges to decarbonise, study shows

Europe’s “tone-deaf” expansion of fossil gas is accelerating climate breakdown and increasing reliance on hostile regimes, campaigners have warned.

Just four of Europe’s gas-fired power plants have a retirement plan and new projects will increase the continent’s gas generation capacity by 27%, according to analysis from the campaign group Beyond Fossil Fuels.

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Australia’s carbon credits system a failure on global scale, study finds

The Guardian - Wed, 2024-03-27 08:21

Researchers find carbon offsets approach, which is supposed to regenerate scrubby outback forests, was not reducing emissions as promised

Australia’s main carbon offsets method is a failure on a global scale and doing little if anything to help address the climate crisis, according to a major new study.

Research by 11 academics found the most popular technique used to create offsets in Australia, known as “human-induced regeneration” and pledged to regenerate scrubby outback forests, had mostly not improved tree cover as promised between about 2015 and 2022.

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Majority of sustainability experts believe elections will weaken European Green Deal -survey

Carbon Pulse - Wed, 2024-03-27 08:00
More than half of sustainability experts polled by a green think tank believe the Green Deal agenda might be weakened after the 2024 European Parliament elections, preliminary results showed.
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EU ministers agree to fewer agri rules with looser climate requirements

Carbon Pulse - Wed, 2024-03-27 07:52
EU ministers welcomed potential new rules for the agriculture sector on Tuesday despite weak requirements for climate action, as farmers rioted outside in the streets of Brussels.
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