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Biodiversity and electricity grids can co-exist, EU power association says

Carbon Pulse - Fri, 2024-06-14 00:39
Protecting biodiversity while deploying more infrastructure to decarbonise electricity production is possible and desirable, according to a new guidebook released on Thursday.
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EU set for a fight over where the CBAM money goes

Carbon Pulse - Thu, 2024-06-13 23:52
The full start-up of the EU’s Carbon Border Adjustment Mechanism (CBAM) is set to drive a battle over who gets to pocket the revenue — a decision that is unlikely to be taken until 2027. 
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Companies mostly ready for EU’s new sustainability reporting rules -survey

Carbon Pulse - Thu, 2024-06-13 23:19
Almost two-thirds of companies feel confident about their ability to comply with the EU’s newly-adopted Corporate Sustainability Reporting Directive (CSRD)  due to start applying this year, according to a new survey.
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Far-right surge in German coal region ‘concerns us a lot’, state chief says

Carbon Pulse - Thu, 2024-06-13 22:13
The European Green Deal looks likely to have survived the EU elections last weekend, but the far-right’s surge in Germany’s coal regions gives reasons for concern, with trade unions warning about a “corrosive cocktail” threatening climate policy in the long term.
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New electricity storage technology secures £300 mln to start rolling out in UK

Carbon Pulse - Thu, 2024-06-13 21:21
A new technology that can store renewable energy for several weeks, longer than batteries, has secured $300 million of investment in a move that could turbo-charge the net zero transition.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-06-13 21:15
European carbon allowance prices remained firmly rangebound for a fourth day, shrugging off a nearly 10% rally in natural gas this week as the weight of open interest in June EUA call options appeared to be acting as an anchor on prices, breaking the long-standing correlation between the two markets.
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INTERVIEW: Startup advisory firm fishes for big catch of clients in Blue Ocean strategy

Carbon Pulse - Thu, 2024-06-13 20:50
Threadbare liquidity and a long bear market have sent shivers through many heavyweight players in the voluntary sector, but two stalwarts of the market believe they have picked the opportune time to launch their new advisory and execution service.
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VCMI partners on initiative to improve climate prosperity using carbon markets

Carbon Pulse - Thu, 2024-06-13 20:21
The Voluntary Carbon Market Integrity Initiative (VCMI) has agreed to work with a global partnership of vulnerable countries to broaden access to climate finance through the carbon markets.
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IDB targets scaling biodiversity finance, markets in mainstreaming nature plan

Carbon Pulse - Thu, 2024-06-13 20:17
The Inter-American Development Bank (IDB) Group has launched a natural capital and biodiversity action plan, planning to embed natural capital more deeply into its operations while scaling biodiversity finance mechanisms.
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Of ice and fire: what sea salt in Antarctic snowfall reveals about bushfires worse than the Black Summer

The Conversation - Thu, 2024-06-13 19:02
Howling winds take sea salt from the Southern Ocean and lay it down in Antarctica as snow, then ice. Hidden in these ice cores is a warning about Australian fire seasons. Danielle Udy, Research associate in Climatology, University of Tasmania Anthony Kiem, Associate Professor – Hydroclimatology, University of Newcastle Neil Holbrook, Professor of Ocean and Climate Dynamics, University of Tasmania Nerilie Abram, Professor in Climate Change and Paleoclimatology, Australian National University Tessa Vance, Palaeoclimatologist, Australian Antarctic Program Partnership, University of Tasmania Licensed as Creative Commons – attribution, no derivatives.
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UBS partners with non-profit to limit investment impacts on nature

Carbon Pulse - Thu, 2024-06-13 17:00
UBS has partnered with a nature-focused non-profit to better understand how to limit impacts to nature in clean energy investments, with the findings released on Thursday.
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INTERVIEW: Finnish paper giant sees rising demand for synthetic fuels to support CO2 capture

Carbon Pulse - Thu, 2024-06-13 16:15
Rising demand for synthetic fuels in aviation and shipping to meet EU decarbonisation targets is driving plans to install carbon capture facilities at pulp and paper mills in the Nordics, with potential to capture about 12 million tonnes of biogenic CO2 annually.
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Malaysian carbon trading bill to be presented before parliament by year end

Carbon Pulse - Thu, 2024-06-13 15:38
Malaysia’s carbon trading legislation will be presented before Dewan Rakyat, the lower house of parliament, by the end of this year, according to the country’s deputy prime minister.
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Humpback whale tangled in rope rescued off New South Wales coast - video

The Guardian - Thu, 2024-06-13 15:04

Members of the public and wildlife organisations spot a whale entangled in two buoys and a rope off the coast of NSW. A rescue team locates the humpback in the water off Fingal Heads with help from a helicopter, before successfully removing the rope that is lodged in its fin

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Russia’s war with Ukraine accelerating global climate emergency, report shows

The Guardian - Thu, 2024-06-13 14:00

Most comprehensive analysis ever of conflict-driven climate impacts shows emissions greater than those generated by 175 countries in a year

The climate cost of the first two years of Russia’s war on Ukraine was greater than the annual greenhouse gas emissions generated individually by 175 countries, exacerbating the global climate emergency in addition to the mounting death toll and widespread destruction, research reveals.

Russia’s invasion has generated at least 175m tonnes of carbon dioxide equivalent (tCO2e), amid a surge in emissions from direct warfare, landscape fires, rerouted flights, forced migration and leaks caused by military attacks on fossil fuel infrastructure – as well as the future carbon cost of reconstruction, according to the most comprehensive analysis ever of conflict-driven climate impacts.

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Australian govt publishes draft environmental plantings ACCU method

Carbon Pulse - Thu, 2024-06-13 13:34
The Australian government on Thursday released a draft methodology for environmental plantings (EP) for consultation, outlining proposed changes to the existing method, which is set to expire in September.
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South Korea, Kazakhstan sign Article 6 deal

Carbon Pulse - Thu, 2024-06-13 13:08
South Korea and Kazakhstan have decided to work together on setting up projects for carbon credit generation under Article 6 of the Paris Agreement.
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