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Voluntary carbon standard seeks feedback on peatland restoration methodology

Carbon Pulse - Sat, 2024-08-17 00:10
A voluntary carbon standard body is seeking feedback on a modular peatland restoration methodology that will in the first module focus on crediting the rewetting of drained peatlands on agricultural land in temperate climates.
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Climate activists in frame for £1m costs of protest bans run up by UK’s biggest law firm

The Guardian - Sat, 2024-08-17 00:00

DLA Piper seeking to recover costs in relation to injunctions it secured for National Highways and HS2, records show

Britain’s biggest law firm has sought more than £1m from climate protesters to cover the cost of court orders banning them from protesting, an investigation has found.

The multibillion-pound City law firm DLA Piper has been trying to recover costs from activists for work done on behalf of National Highways Limited (NHL) and HS2 Ltd – both public bodies – obtaining injunctions banning protests on their sites.

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Large German firms reduce value chain emissions 4% in 2023 -report

Carbon Pulse - Fri, 2024-08-16 23:04
The 40 major companies listed on Germany's DAX stock market index collectively reduced their total value chain greenhouse gas emissions by 4% last year, compared to the previous year, according to analysis from a large consultancy.
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Heat inequality ‘causing thousands of unreported deaths in poor countries’

The Guardian - Fri, 2024-08-16 22:00

Friederike Otto of World Weather Attribution says poor people and outdoor workers are dying around the world

Heat inequality is causing thousands of unreported deaths in poor countries and communities across the world, a leading analyst of climate impacts has warned, following global temperature records that may not have been seen in 120,000 years.

Sweltering conditions act as a stealthy killer that preys on the most economically fragile, said Friederike Otto, co-founder of World Weather Attribution, in an appeal for the media and authorities to pay more attention to the dangers.

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BRIEFING: Orsted drops e-methanol plant for shipping, following Shell and BP retreat from biofuels

Carbon Pulse - Fri, 2024-08-16 21:17
Danish energy giant Orsted has scrapped a proposed e-methanol plant meant to supply green fuel for container ships amid a lack of demand, it announced Wednesday, in the latest sign that European energy majors are retreating from green fuel projects.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-08-16 21:15
EUA prices moved slightly higher on Friday morning, setting the market up for its third weekly gain in the last month, as selling pressure appeared to fade away and buyers were slow to fill the gap, while trading volume shrank as participants headed into the peak summer weekend.
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GenZero signs MoU with energy firm, asset manager to retire coal-fired power plant in Philippines using ‘transition credits’

Carbon Pulse - Fri, 2024-08-16 21:05
GenZero, a subsidiary of Singaporean government-owned investment firm Temasek, has signed a Memorandum of Understanding (MoU) with a Philippines-headquartered energy company and a global asset manager to explore the use of ‘transition credits’, starting with the retirement of a coal-fired power plant in the Philippines, it announced Friday.
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CN Markets: CEA price barely moves, weekly trading volume steady

Carbon Pulse - Fri, 2024-08-16 21:01
CO2 allowance prices in China’s carbon market hovered around the 91 yuan ($12.70) level over the past week, while the weekly trading volume has remained steady.
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Air and rain samples in Detroit show high levels of TFA ‘forever chemical’

The Guardian - Fri, 2024-08-16 21:00

Compound used in refrigeration and air conditioning accumulates at much higher levels that other chemicals

Rain and air samples collected in metro Detroit that researchers checked for toxic PFAS “forever chemicals” showed the highest levels of TFA, an alarming finding because the compound is a potent greenhouse gas and more toxic than previously thought, but not well-studied.

While PFAS are a chemical class known to be ubiquitous in the environment, the new research is part of growing evidence around the globe that points to TFA, commonly used in refrigeration, air conditioning and clean energy technology, accumulating at much higher levels than other well-studied compounds.

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Rarely seen deep-sea fish washes up in California – video

The Guardian - Fri, 2024-08-16 20:38

An oarfish, which resembles a serpent, was found floating dead on the ocean surface off the San Diego coast and was brought ashore for study. Scientists say it is only the 20th time since 1901 an oarfish is known to have washed up in California

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Australia Market Roundup: Govt seeks feedback on FullCAM model, guidelines

Carbon Pulse - Fri, 2024-08-16 19:59
The Australian federal government on Friday released a consultation on its latest version of the Full Carbon Accounting Model (FullCAM) and associated guidelines.
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Maersk joins industry study to assess potential for nuclear-powered container shipping in Europe

Carbon Pulse - Fri, 2024-08-16 19:50
Danish shipping company Maersk will work together with two parter companies to assess the potential for nuclear-powered container ships in Europe, they announced this week.
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Japanese carbon standard sees first batch of certified emissions reductions

Carbon Pulse - Fri, 2024-08-16 19:48
A cross-sector alliance that aims to revitalise Japan’s carbon credit market has seen the first batch of certified carbon credits under its newly developed carbon standard, it announced Friday.
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Almost 25% of European lands can be rewilded, report says

Carbon Pulse - Fri, 2024-08-16 19:46
Nearly 25% of the European landscape has the potential to be rewilded, with over two-thirds of the territories lying in countries with cooler climates such as Scandinavia, Scotland, and the Baltic states, researchers have found.
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UK hopes military satellite can boost space power

BBC - Fri, 2024-08-16 19:38
British forces are about to get their first dedicated surveillance and reconnaissance satellite.
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Australia seeks advice on sustainable ocean plan, sees market opportunities

Carbon Pulse - Fri, 2024-08-16 19:21
The Australian government on Friday distributed a draft sustainable ocean plan for public comment, offering little in terms of specifics at this early stage but saying the plan would bring a long list of opportunities, including for carbon and biodiversity markets.
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China generating enough clean energy to match UK’s entire electricity output

The Guardian - Fri, 2024-08-16 19:09

Data shows continued surge in wind and solar power amid hopes Chinese greenhouse gas emissions may have peaked

China produced as much clean electricity in the first half of this year as the UK generated from all sources in the same period last year, data shows, as wind and solar power generation continued to surge in the world’s biggest emitter of greenhouse gases.

Electricity generation from coal and gas dropped by 5% in China in July, year on year, according to an update from the Centre for Research on Energy and Clean Air (CREA) thinktank, basing its analysis on data released by the Chinese government on Thursday.

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Indonesian president-to-be reaffirms carbon administration

Carbon Pulse - Fri, 2024-08-16 18:25
Indonesia’s incoming president Prabowo Subianto’s office has reconfirmed a plan for a Climate Change Control and Carbon Administration which will use blockchain to manage its carbon markets in addition to pursuing a net zero target set by the previous administration.
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INTERVIEW: NZ market heading in the right direction, returning veteran says

Carbon Pulse - Fri, 2024-08-16 18:21
While he took the time to disconnect from New Zealand’s carbon trading scheme during a recent gardening leave, a prominent figure in the market on Friday told Carbon Pulse he is optimistic about its fundamentals since returning.
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South Korean companies set out to decarbonise asphalt production

Carbon Pulse - Fri, 2024-08-16 18:09
South Korean companies are developing methods to make the asphalt paving process more environmentally friendly, which can help reduce emissions in the transportation sector.
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