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CN Markets: CEA hovers around 90-93 yuan, liquidity improves

Carbon Pulse - Fri, 2024-06-28 20:46
China’s national carbon market saw allowance prices remain rangebound over the past week with a healthier trading volume, as pessimism persists among participants due to the lack of regulatory developments.
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Japan publishes draft JCM methodology for rice cultivation, first in agricultural sector

Carbon Pulse - Fri, 2024-06-28 19:26
Japan on Friday published a draft methodology under the Joint Crediting Mechanism (JCM) for an increasingly popular farming technique, as the country seeks to expand the scope of the bilateral programme to cover overseas agricultural carbon projects.
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Weather tracker: Heavy rain in Switzerland and Italy causes flooding

The Guardian - Fri, 2024-06-28 19:07

Downpours moved south from Alps as far as Emilia-Romagna and Tuscany, causing rivers to overflow

Heavy rain and thunderstorms have caused havoc in Switzerland and northern Italy over the past week. Switzerland was badly hit on Friday 21 June, with downpours delivering more than 100mm across many areas – more than half of this within one hour.

Flash flooding and landslides swept away cars and houses, with at least one person known to have died, alongside widespread damage to transport infrastructure. The mountain resort of Zermatt was entirely cut off due to a combination of flood water, road closures and suspended train services.

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North Sea oil and gas firm Perenco failing to seal old wells, documents show

The Guardian - Fri, 2024-06-28 19:00

Fears of fire and environmental disaster as company repeatedly misses UK deadlines to decommission sites

The North Sea’s biggest oil and gas infrastructure company is risking fires and environmental disasters, experts have warned, as documents reveal it is failing to plug its ageing oil wells in time and is missing decommissioning deadlines by up to a decade.

Last year, the fossil fuel firm Perenco faced controversy after an oil spill from its Poole Harbour operations polluted the Dorset site, which is internationally recognised for its ecological importance. The RSPB reported oiled birds in the water at the largest natural harbour in Europe, which is one of the most heavily protected areas in the UK. Perenco promised it would never happen again and committed to pay for the damage caused.

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BRIEFING: What climate policy agenda for von der Leyen’s second term?

Carbon Pulse - Fri, 2024-06-28 18:46
Implementation of existing policies and investments in net-zero technologies to meet the EU’s 2030 decarbonisation target will be the cornerstones of the new European Commission headed by Ursula von der Leyen when it comes to climate policy, officials have said.
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Incoming Indonesian govt to form state-run body to oversee the country’s carbon market

Carbon Pulse - Fri, 2024-06-28 18:14
The newly-elected government of Indonesia is working to create a National Carbon Body that will oversee the country’s emissions trading activities, an industry group spokesperson told Bloomberg. 
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Japan picks nine advanced projects to support CCS commercialisation

Carbon Pulse - Fri, 2024-06-28 17:49
Japan has selected advanced carbon capture and storage (CCS) projects for the creation of a CCS value chain, as the country aims to secure a capacity of storing up to 12 million tonnes of CO2 by the end of this decade, the government announced Friday.
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UN-backed coalition grants $20 mln to Cameroon for adopting sustainable agricultural practices

Carbon Pulse - Fri, 2024-06-28 17:28
The Central African Forest Initiative (CAFI) has approved $20 million in funding to Cameroon in order to help smallholder cocoa and coffee farmers adopt sustainable agricultural practices, it announced this week.
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Australia Market Roundup: ACCU prices stable as traders speculate on Safeguard demand, issuance drops

Carbon Pulse - Fri, 2024-06-28 17:02
Spot prices for Australian Carbon Credit Units (ACCUs) have traded sideways for much of the past three months, with traders speculating that many facilities covered under the Safeguard Mechanism have already acquired all the credits they need to meet their obligations, at least for the first few years.
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Week in wildlife – in pictures: geese on parade, a radioactive rhino and a lovestruck eagle

The Guardian - Fri, 2024-06-28 17:00

The best of this week’s wildlife photographs from around the world

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Some of us don’t have high-quality drinking water, and it’s putting public health at risk. How do we deliver universal access?

The Conversation - Fri, 2024-06-28 15:39
Growing and changing demands for water and the increasing impacts of climate change are adding to the challenge of ensuring everyone has access to a safe and reliable water supply. Stuart Khan, Professor and Head of School of Civil Engineering, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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EU leaders nominate von der Leyen for second term, adopt strategic agenda 2024-2029

Carbon Pulse - Fri, 2024-06-28 15:04
EU heads of states have nominated Ursula von der Leyen for a second term as European Commission President and adopted a roadmap for the next five years that includes the continuation of European Green Deal priorities agreed over the last mandate.
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‘Things started to look dire’: our deep-dive into past climates sounds a warning for this unique corner of Australia

The Conversation - Fri, 2024-06-28 14:41
Over millions of years, a stable climate helped create this biodiversity hotspot. Climate change now threatens it. Sean Buckley, Lecturer in Molecular Ecology and Environmental Management, Edith Cowan University Luciano Beheregaray, Matthew Flinders Professor of Biodiversity Genomics, Flinders University Mark Allen, Post Doctoral Fellow, Centre for Sustainable Aquatic Ecosystems, Harry Butler Institute, Murdoch University, Murdoch University Stephen Beatty, Research Leader (Catchments to Coast), Centre for Sustainable Aquatic Ecosystems, Harry Butler Institute, Murdoch University Licensed as Creative Commons – attribution, no derivatives.
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Landfills across England could be leaking harmful toxic ooze, warn experts

The Guardian - Fri, 2024-06-28 14:00

More than 21,000 old sites may be releasing ‘forever chemicals’ into land often left as open space

Thousands of polluted landfills across England could be leaking toxic chemicals into the environment and harming people who live nearby, experts have warned.

A few decades ago, the method for getting rid of industrial and domestic waste was to stick it in a hole in the ground, cover it up and hope for the best. It was known as “dilute and disperse” and it assumed toxic substances would seep into the surrounding soils, air and water and become harmless.

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NZ minister says govt will accept independent panel’s advice on methane, regardless of CCC recommendations

Carbon Pulse - Fri, 2024-06-28 11:59
New Zealand’s Agriculture Minister Todd McClay has told reporters the government will accept the advice of its handpicked panel on methane targets and science, regardless of whether it contradicts advice provided by the Climate Change Commission (CCC).
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