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UBS invests in impact data provider to advance nature-related disclosures

Carbon Pulse - Thu, 2024-06-20 19:56
Swiss bank UBS has invested in impact data and analytics provider GIST Impact to back its expansion, with a focus on bolstering support for nature-related corporate disclosures among companies and investors.
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Integrity Council for the Voluntary Carbon Market appoints first CEO

Carbon Pulse - Thu, 2024-06-20 19:54
The private sector-led Integrity Council for the Voluntary Carbon Market (ICVCM) has named its first CEO.
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EU ETS more effective decarbonisation tool than Inflation Reduction Act, says bank analyst

Carbon Pulse - Thu, 2024-06-20 19:22
Europe’s carbon market sends a stronger decarbonisation signal than Washington's subsidy-laden Inflation Reduction Act (IRA), an analyst told US television network CNBC Thursday, outlining an EUA price forecast of as high as €130 per tonne by 2028.
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Iberian lynx no longer endangered after numbers improve in Spain and Portugal

The Guardian - Thu, 2024-06-20 19:00

The animal, which is still categorised as ‘vulnerable’, has been the subject of a 20-year conservation programme

Less than a quarter of a century after the Iberian lynx was feared to be only a whisker away from extinction, populations of the animal have recovered enough across Spain and Portugal for it to be moved from “endangered” to “vulnerable” on the global red list of threatened species.

The change in status, announced on Thursday by the International Union for Conservation of Nature (ICUN), is the result of a two-decade-long effort from a coalition of partners including the EU and regional and national governments in Spain and Portugal, as well as wildlife NGOs and local people.

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The Tories will leave one great green legacy that few noticed – Labour must build upon it | Rebecca Willis

The Guardian - Thu, 2024-06-20 19:00

This government had many climate failures, but its 2014 boost to green energy made the UK an offshore wind superpower

As day-trippers to the British seaside enjoy fish and chips and a bracing paddle, they may notice, as they gaze out to sea, one of the great hidden legacies of this Conservative government: offshore wind power. Turning steadily in the breeze, the vast array of offshore and onshore turbinesaround Great Britain provide about a quarter of our electricity needs, with no carbon emissions and at a cost below imported gas or nuclear generation. They are a national success story. We have the second biggest offshore turbine fleet in the world, behind only China.

The Tory government effectively banned onshore wind turbines in 2015. But at the same time, the growth in offshore wind can be traced back to a 2014 decision to establish a new support mechanism for low-carbon generation. Called “contracts for difference”, it guarantees a set price for units of electricity. If the market price falls below the set price, the generator receives a top-up payment. If the market price rises above the set price, the generator pays back the difference.

Rebecca Willis is professor of energy and climate governance at Lancaster University

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Landmark ruling could threaten future UK oil drilling

BBC - Thu, 2024-06-20 18:56
Supreme Court has ruled Surrey Council should have considered climate change impacts of new oil wells.
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Green ammonia key to unlocking Australia’s hydrogen superpower ambitions -analysis

Carbon Pulse - Thu, 2024-06-20 18:36
Using green hydrogen instead of natural gas to decarbonise Australia's established ammonia production sector provides a doorway to unlock the country's hydrogen ambitions, and tax credits offered by the government in its latest budget could be the key, analysis published Thursday said.
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Three-eyed koalas and Dutton as Snow White: how Simpsons memes have been weaponised in nuclear debate

The Guardian - Thu, 2024-06-20 18:22

Labor MPs tweet Simpsons jokes about nuclear policy after Dutton earlier conceded research found people ‘didn’t want a Springfield’ in their back yard

Three-eyed koalas, Peter Dutton masquerading as Snow White in a “seven nukes” fairytale, and an arsenal of Simpsons gags to boot.

The Coalition is objecting about what they say are “juvenile” online memes from government MPs attacking its nuclear policy, as Labor MPs mount a social media attack on the opposition’s controversial and uncosted nuclear proposal.

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Planes spray-painted at UK airfield where Just Stop Oil says Taylor Swift jet landed – video

The Guardian - Thu, 2024-06-20 17:44

Just Stop Oil activists have sprayed two jets with orange paint at a private airfield in Stansted where they say Taylor Swift's plane landed before her shows at Wembley stadium. The group said on X: 'Private jet users are responsible for up to 40x as much carbon emissions compared with a commercial flight'. The previous day, Just Stop Oil protesters sprayed Stonehenge with orange powder paint before the summer solstice

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Deadly heat in Mexico and US made 35 times more likely by global heating

The Guardian - Thu, 2024-06-20 17:00

Researchers find extreme heat four times more likely than at turn of millennium and urge reduction in fossil fuels

The deadly heatwave that scorched large swaths of Mexico, Central America and the southern US in recent weeks was made 35 times more likely due to human-induced global heating, according to research by leading climate scientists from World Weather Attribution (WWA).

Tens of millions of people have endured dangerous day – and nighttime temperatures as a heat dome engulfed Mexico – a large and lingering zone of high pressure that stretched north to Texas, Arizona and Nevada, and south over Belize, Honduras, Guatemala, and El Salvador.

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INTERVIEW: US developer enters Indian voluntary carbon market with rice methane offsetting projects

Carbon Pulse - Thu, 2024-06-20 17:00
A California-headquartered agri-tech firm seeks to reduce methane emissions from rice farming in India and is preparing its first batch of projects on the east coast of the South Asian nation, the company's co-founders told Carbon Pulse.
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PNG cookstove project under updated Verra methodology to be issued half the credits originally planned

Carbon Pulse - Thu, 2024-06-20 16:58
An Australian carbon project developer has had its cookstove project in Papua New Guinea registered by Verra, but will receive roughly half the volume of credits it initially expected due to using an updated methodology, a fact the company's CEO said he welcomed. 
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Santos “confident” it has enough ACCUs to meet projected Barossa Safeguard requirements

Carbon Pulse - Thu, 2024-06-20 16:08
Oil and gas major Santos is “confident” it has enough Australian Carbon Credit Units (ACCUs) for its Barossa LNG project to meet its compliance obligations under the Safeguard Mechanism.
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UK among rich countries not paying fair share to restore nature – report

The Guardian - Thu, 2024-06-20 15:00

Only two countries provide fair amount to compensate lower-income nations for biodiversity loss, with most paying less than half what they should, says ODI

The UK, Canada, New Zealand, Italy and Spain are among the rich countries contributing less than half their fair share of nature finance to poor countries, a new report has found.

Developed nations have agreed to collectively contribute a minimum of $20bn annually for nature restoration in low and middle-income countries by 2025. This money is in addition to the $100bn agreed for climate finance.

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No costing, no clear timelines, no easy legal path: deep scepticism over Dutton’s nuclear plan is warranted

The Conversation - Thu, 2024-06-20 14:41
Going nuclear in Australia would mean overcoming a set of almost impossible obstacles, from legal to financial, regulatory and workforce. Ian Lowe, Emeritus Professor, School of Environment and Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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‘Space hairdryer’ regenerates heart tissue in study

BBC - Thu, 2024-06-20 14:30
Gentle shockwaves could regenerate the heart tissue of patients after bypass surgery, research suggests.
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Most people in petrostates want quick switch to clean energy, UN poll finds

The Guardian - Thu, 2024-06-20 14:01

Largest ever climate survey also finds majority want countries to set aside differences to fight global heating

Most people in the world’s biggest fossil fuel producing countries want their countries to transition quickly to clean energy to fight the climate crisis, according to the largest ever climate opinion poll, conducted by the UN.

Many of these states have profited heavily from fossil fuel exploitation, but the 77-nation poll shows their citizens are deeply concerned about the impacts of global heating on their lives. In China and India, the biggest coal producers, 80% and 76% respectively want a quick green transition.

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Fossil fuel use reaches global record despite clean energy growth

The Guardian - Thu, 2024-06-20 14:00

Report finds developing countries are increasing reliance on coal, gas and oil as overall demand for energy rises

The world’s consumption of fossil fuels climbed to a record high last year, driving emissions to more than 40 gigatonnes of CO2 for the first time, according to a global energy report.

Despite a record rise in the use of renewable energy in 2023, consumption of fossil fuels continued to increase too, an annual review of world energy by the Energy Institute found.

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How the small Pacific island nation of Vanuatu drastically cut plastic pollution

The Guardian - Thu, 2024-06-20 14:00

With lagoons once choked by rubbish, pressure from the appalled community led the government to ban certain single-use products

For generations, the people of Erakor village in the Pacific nation of Vanuatu would pass their time swimming in the local lagoon. Ken Andrew, a local chief, remembers diving in its depths when he was a child, chasing the fish that spawned in its turquoise waters.

That was decades ago. Now 52, Andrew has noticed a more pernicious entity invading the lagoon: plastic.

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