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FEATURE: Shaky Dutch coalition govt creates uncertainty for country’s green investors

Carbon Pulse - Fri, 2024-07-12 02:47
A decision by the newly formed government in the Netherlands to scrap a number of energy transition policies is leading to uncertainty for the clean technology sector in the country, according to experts, who also fear the new coalition will not survive long.
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Large pod of pilot whales almost wiped out after stranding on Orkney beach

The Guardian - Fri, 2024-07-12 02:45

Rescuers including vets rush to save 12 survivors from 77-strong group lying on Sanday shore

Dozens of long-finned pilot whales have died after a 77-strong pod came ashore on an Orkney beach in what could be the biggest mass stranding in decades.

Twelve of the animals at Tresness beach, on the island of Sanday, were still alive, but according to rescuers from the British Divers Marine Life Rescue (BDMLR), it was thought unlikely they could be saved.

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COP29 presidency “optimistic” about Article 6, to earmark at least $500 mln for climate finance

Carbon Pulse - Fri, 2024-07-12 02:42
Lead negotiators laying the ground for the next UN climate summit are "more optimistic" about two key texts on carbon crediting methodologies and international trade than in the run-up to previous summits, a senior official told Carbon Pulse on Wednesday.
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INTERVIEW: Startup to cut concrete CO2 by up to 75%, share carbon credits with licensees

Carbon Pulse - Fri, 2024-07-12 02:34
A Florida-based startup says it can cut concrete's CO2 emissions by up to 75% and pay its customers a return on investment of carbon credits over the first 12 months.
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Zimbabwe Article 6 framework to be finalised by year end

Carbon Pulse - Fri, 2024-07-12 02:14
The Zimbabwean government has started developing policies for carbon trading under the Paris Agreement and expects to finalise them by end of year, the country’s environment minister told reporters in Harare on Thursday, per local media reports.
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Cumbria coalmine was unlawfully approved, government says

The Guardian - Fri, 2024-07-12 02:07

Lawyers acting for minister say emissions of coal extracted from mine should have been taken into account

The government has admitted that a proposed coalmine in Cumbria was approved unlawfully, as the carbon emissions of coal from the mine should have been taken into account in the planning decision.

This follows a precedent set by a supreme court judgment last month, when Surrey county council’s decision to extend planning permission for an oil drilling well at Horse Hill, on the Weald, was quashed.

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Carbon removals criteria updated to include environmental harms, benefits

Carbon Pulse - Fri, 2024-07-12 01:28
While carbon removals may be good for the climate, developers and buyers also need to minimise the project's impact on wider environmental health, and promote benefits, according to updated criteria for high-quality projects, released on Thursday.
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Brazilian cosmetics company issues R$1.3 bln Amazon sustainability-linked bond

Carbon Pulse - Fri, 2024-07-12 01:08
A Brazilian cosmetics company has raised R$1.3 billion ($245 million) with a 'first-of-its-kind' sustainability-linked bond (SLB) tied to targets on biodiversity conservation and sustainable sourcing in the Amazon region.
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New govt could boost UK green gilt market, says report

Carbon Pulse - Fri, 2024-07-12 00:55
A new Labour government in the UK could boost the green gilt market, a new report published on Thursday has found.
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EU carbon removal framework to move forward on peatlands methodology as stakeholders react to name change

Carbon Pulse - Fri, 2024-07-12 00:07
The European Union policy on how to define and certify carbon removal activities will move forward in October on a peatlands methodology, while several active in the sector have expressed surprise at a recent change in name of the regulation.
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Brazil near to 90% renewable electricity production, leads G20 pack -analysts

Carbon Pulse - Fri, 2024-07-12 00:00
Brazil will host the G20 summit this year after producing close to 90% of its electricity from renewables in 2023, adding pressure on the group of leading economies to step up their decarbonisation efforts after seven countries let power sector emissions rise last year, according to analysts.
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INTERVIEW: Green materials gain traction with automakers ahead of EU’s end-of-life-vehicle regulation

Carbon Pulse - Thu, 2024-07-11 23:58
Flax-based materials that can reduce a vehicle’s weight and CO2 footprint are increasingly in demand among automakers looking to meet their decarbonisation goals and get ahead of the EU’s proposed end-of-life vehicles (ELV) regulation.
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Blended finance fund raises $50 mln to protect Egypt’s coral reef

Carbon Pulse - Thu, 2024-07-11 23:46
A $50-million fund to protect Egypt's coral reef has been launched this week under the Egyptian Red Sea Initiative, a newly established programme supported by the US Agency for International Development (USAID) and the UN-backed Global Fund for Coral Reefs (GFCR).
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Herring gull chicks would rather have fish than your chips, finds study

The Guardian - Thu, 2024-07-11 23:02

Rescued chicks favour seafood, suggesting they turn to urban diet as adults from necessity rather than preference

Herring gulls have wrecked many a harbourside picnic, pouncing on unsuspecting people trying to enjoy a Cornish pasty, a sandwich or a bag of chips.

But a study from the University of Exeter suggests that gull chicks prefer seafood even after being raised on a diet of the sort of scraps found around humans.

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BP-owned company is selling carbon credits on trees that aren’t in danger, analysis finds

The Guardian - Thu, 2024-07-11 22:00

Satellite analysis looked at credits sold by Finite Carbon, which runs some of North America’s largest offset projects

This story is co-published with SourceMaterial and Floodlight

Some forest carbon offsets sold by the biggest offsetting company in the US offer little or no benefit to the climate, a satellite analysis has found.

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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-07-11 21:22
European carbon edged higher on Thursday morning as the market looked to end a three-day losing streak, with prices tracking firmer natural gas despite a downturn in liquidity as the holiday season approached its peak.
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City, regional administrations pivotal in scaling CDR solutions -report

Carbon Pulse - Thu, 2024-07-11 21:02
Beyond federal governments and supranational organisations, regional and city administrations can play a huge role in scaling up carbon dioxide removals (CDR) solutions, according to a report published Thursday.
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Indian steelmakers face CBAM costs triple those of China, webinar hears

Carbon Pulse - Thu, 2024-07-11 20:39
Indian steelmakers will likely have to bear costs three times higher than that of their Chinese counterparts under the EU’s carbon border adjustment mechanism (CBAM) if no effective domestic carbon price is implemented by 2030, a webinar heard Thursday.
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Nature project incubator focused on stimulating demand, advisor says

Carbon Pulse - Thu, 2024-07-11 20:35
Stimulating demand for nature-related projects is a key part of a programme for making English nature projects more investable, a financial advisory company has said.
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US asset manager kickstarts biodiversity-focused global fund

Carbon Pulse - Thu, 2024-07-11 20:28
A US-based asset manager has announced the launch of a global fund to channel investments towards sustainable food, planning to reach 80% of companies in the portfolio committed to improving biodiversity.
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