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HSBC reportedly drops plans for voluntary carbon trading desk amid market concerns

Carbon Pulse - Thu, 2024-11-21 11:28
HSBC has reportedly scrapped plans to establish a voluntary carbon trading desk, signalling a shift in strategy as the market grapples with slowing demand and concerns about integrity and transparency.
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RGGI Market: Virginia county circuit court judge rules RGGI repeal unlawful, RGAs soar 10%

Carbon Pulse - Thu, 2024-11-21 11:27
A Virginia county circuit court judge ruled the state’s withdrawal from the RGGI carbon market to be unlawful, siding with a trade group that challenged last year’s programme exit, sending RGGI Allowances (RGAs) in the secondary market rocketing higher by as much as 10.3% on the day.
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Advanced nuclear tailwinds ‘have never been stronger’ -US companies

Carbon Pulse - Thu, 2024-11-21 11:17
Advanced nuclear companies are enjoying tailwinds pushing them toward technology deployment, according to new industry reports published on Wednesday.
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Is nuclear power gaining new energy?

BBC - Thu, 2024-11-21 10:03
Countries around the world are building new nuclear power stations.
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Australia hoped hosting a Cop climate summit was a done deal. But one nation still stands in the way

The Guardian - Thu, 2024-11-21 10:01

Despite a diplomatic push from Chris Bowen and Anthony Albanese, Turkey won’t back down on its bid to host Cop31

Australia’s plan to host a major UN climate summit in 2026 has hit a Turkish roadblock. It is unclear how long it will last.

The Albanese government had expected that its bid to co-host the Cop31 summit in partnership with Pacific island nations – a Labor promise since before it won power in 2022 – would be agreed by now, as the UN climate talks in the Azerbaijani capital of Baku approach their final stages.

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Additional policy and fuel pathway considerations needed to drive US SAF growth -think tank

Carbon Pulse - Thu, 2024-11-21 09:58
California and Washington rank as top supporters of sustainable aviation fuel (SAF) investments in the US, but overall growth looks grim absent improved policy frameworks and production pathway considerations, according to a think tank.
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COP29: ‘climate finance’ for the Pacific is mostly loans, saddling small island nations with more debt

The Conversation - Thu, 2024-11-21 08:44
The real beneficiaries of climate finance for small island nations are private contractors brought in to build resilient infrastructure. There are now calls for a fairer money dispersal system. Steven Ratuva, Director, Macmillan Brown Centre for Pacific Studies, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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New European Commission set for clearance as EU parties seal political pact

Carbon Pulse - Thu, 2024-11-21 07:20
The new Commission headed by Ursula von der Leyen is set to begin its term on Dec. 1 after the three mainstream political groups in the European Parliament sealed an agreement on Wednesday evening to approve her team.
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Overwhelmed by ever more clothing donations, charities are exporting the problem. Local governments must step up

The Conversation - Thu, 2024-11-21 05:06
We give or throw away more and more clothes every year, overwhelming charities and triggering large exports of secondhand clothing. There’s a better way Yassie Samie, Postdoctoral Researcher in Fashion and Textiles, RMIT University Irene Maldini, Senior researcher in sustainability, Oslo Metropolitan University Katia Vladimirova, Postdoctoral research fellow in sustainability, Université de Genève Licensed as Creative Commons – attribution, no derivatives.
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Friendly fire: a nuclear push by allies at COP29 poses a sticky problem for Albanese

The Conversation - Thu, 2024-11-21 05:05
The US and UK want to triple nuclear power capacity worldwide by 2050. But that leaves renewable rich ally Australia in a tricky situation John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Australia and Turkey in standoff to be host of crucial 2026 climate talks

The Guardian - Thu, 2024-11-21 04:14

As Cop29 in Azerbaijan reaches final stages, countries try to shore up support for conference where question of limiting global heating will be key

Australia is locked in a standoff with Turkey over which will host vital UN climate talks in 2026, where the question of whether the world can limit global heating in line with scientific advice is likely to be decided.

Australia’s government wants to host the summit in partnership with Pacific nations, which are among the countries most threatened by climate breakdown.

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Cop 29: Ukraine and Palestinian delegates warn of environmental impact of war – video

The Guardian - Thu, 2024-11-21 03:41

Ukraine's environmental protection minister, Svitlana Grynchuk, and the Palestinian chair for the environmental quality authority, Nisreen Tamimi, raised the alarm on the ecological impact of war in their countries and beyond. Grynchuk said Russia's 'unlawful reporting' of its carbon emissions on Ukrainian territory was undermining the integrity of the Paris agreement. Tamimi said the rebuilding effort in Gaza would release an estimated 30m tonnes of carbon dioxide

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COP29: “Is it a joke?” – climate finance splits persist as negotiators await new text

Carbon Pulse - Thu, 2024-11-21 03:09
Developing countries have rebuffed the idea of a $200 billion annual climate finance target for wealthy government coffers, calling it a "joke" as ministers rushed to bridge persistent differences in the last stretch of COP29 negotiations on Wednesday.
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BRIEFING: UK to hold producers responsible for packaging lifecycle under forthcoming regulation

Carbon Pulse - Thu, 2024-11-21 02:35
The Extended Producer Responsibility (EPR) scheme set to launch next year in the UK will require packaging producers to report how much they produce, and pay associated fees, though it is unclear how high those costs could go, say industry experts.
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EU court rejects French cement-maker’s €40-mln damages claim over ETS rules

Carbon Pulse - Thu, 2024-11-21 02:20
A top European court on Wednesday dismissed a €40.1-million damages claim by a French cement manufacturer against the European Commission and relating to the free allocation of carbon allowances, ruling that the company failed to prove it suffered financial harm directly caused by Brussels’ actions.
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