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Integrating EU CBAM with Article 6 can scale climate action -report

Carbon Pulse - Tue, 2024-08-13 22:01
A potential synergy between the EU's Carbon Border Adjustment Mechanism (CBAM) and Article 6.2 of the Paris Agreement could help to effectively scale climate action, according to a report published this week.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-08-13 21:17
European carbon prices were little changed by midday on Tuesday after spending most of the morning in negative territory, as regional energy markets recovered from Monday's volatile and hectic session, with participants generally seeing the price action as a pause in the recent upward trend.
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Large sea animal credits could unlock fairer GBF funding -study

Carbon Pulse - Tue, 2024-08-13 20:40
Credits generated from reducing impacts on large migratory marine creatures could help unlock funds for implementing the Global Biodiversity Framework (GBF) across the Global South and North, an academic paper has said.
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INTERVIEW: London’s voluntary market hub hamstrung by bad press, uncertainty

Carbon Pulse - Tue, 2024-08-13 20:03
Bad press over the past year and confusion around standards for carbon credits and offsets are hampering the development of a voluntary carbon market even as the City of London is trying to support growth and turn itself into a global trading hub. 
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Seoul to introduce park bench direct air capture facility in urban spaces

Carbon Pulse - Tue, 2024-08-13 19:39
The government of Seoul is planning to introduce direct air capture (DAC) technology that can extract CO2 from the atmosphere in urban areas.
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Climate watchdog calls for Malaysian project to be rejected

Carbon Pulse - Tue, 2024-08-13 19:26
Environmental watchdog RimbaWatch has called for the halt of a 2,228-hectare palm oil project proposed on a virgin peat swamp forest in the Terengganu state in Malaysia, which it says will lead to the loss of carbon stocks and endangered species.
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Australian soil carbon outfit partners with developer led by former agriculture minister

Carbon Pulse - Tue, 2024-08-13 18:39
Fresh from announcing a new company direction and switching out board members not aligned with its vision, an Australian carbon developer announced Tuesday a soil carbon-focused partnership that will generate Australian Carbon Credit Units (ACCUs) for third parties.
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CO2 peak unlikely this year as fossil fuel use keeps rising, research warns

Carbon Pulse - Tue, 2024-08-13 18:01
The use of fossil fuels continues to rise, potentially driving a 0.6% increase in global CO2 emissions in 2024, a new report warns, belying expectations a peak.
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NZ to keep its options open on how to meet 2030 NDC

Carbon Pulse - Tue, 2024-08-13 15:26
The coalition government is looking to ensure it has multiple avenues to meet New Zealand’s 2030 Nationally Determined Contribution (NDC), acknowledging it remains a significant challenge.
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Inside the secret Titanic warehouse

BBC - Tue, 2024-08-13 15:00
A handbag, perfume and other precious items recovered from the Titanic tell stories of the doomed ship’s passengers.
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Trump would pull out of Paris climate treaty again – and Harris faces tough choices | Barry Eichengreen

The Guardian - Tue, 2024-08-13 15:00

If elected, the Democrat is likely to face a trade-off over manufacturing jobs and economic independence from China

Every US presidential election is consequential but American voters face an unusually weighty decision in 2024. The outcome will have implications for foreign policy, social policy, and the integrity of the political system. But none of its consequences will be more profound or far-reaching than on global efforts to combat the climate crisis.

As president, Donald Trump pulled the US out of the Paris climate agreement, while the US under Joe Biden rejoined it. Trump has promised to expand oil and gas production, and his campaign has said he will again withdraw the US from the Paris accord if he wins a second term.

Continue reading...
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The plight of the pig-nosed turtle, one of the unlucky 13 added to Australia’s threatened species list

The Conversation - Tue, 2024-08-13 12:02
In the crystal-clear streams of the Northern Territory lives a large turtle with a snout like a pig. This unique animal is one of the latest additions to the threatened species list. Deborah Bower, Associate Professor in Zoology and Ecology, University of New England Carla Eisemberg, Senior Lecturer in STEM Pathways, Charles Darwin University Ricky Spencer, Associate Professor of Ecology, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
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RGGI Market: RGAs drift higher near-term from sustained compliance buying

Carbon Pulse - Tue, 2024-08-13 11:11
RGGI allowance (RGA) benchmark prices regained levels north of $27 over the last week as compliance buying kept the demand signal in place, but most traders viewed prices at these levels to be eventually unsustainable.
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California cap-and-trade stakeholders advocate for implementation of programme changes in 2025

Carbon Pulse - Tue, 2024-08-13 09:57
Stakeholders were united in calling for California’s ARB to implement changes to the ETS in 2025 rather than 2026, although proponents were divided in support between potential options for allowance budget reductions, according to comments submitted after the regulator’s last informal rulemaking workshop.
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Washington state court’s ruling against lawsuits blocking cap-and-invest repeal reaching November ballot raises transparency concerns

Carbon Pulse - Tue, 2024-08-13 09:17
The Washington Supreme Court rejected challenges by non-profits against certification of recent initiatives, including one to repeal the state’s ETS, with the initiatives’ sponsor bewailing lack of transparency on complaints filed.
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