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Network of ‘ghost roads’ paves the way for levelling Asia-Pacific rainforests

The Guardian - Sat, 2024-04-13 16:00

Bulldozed tracks and informal byways in tropical forests and palm-oil plantations ‘almost always’ an indicator of future deforestation, say researchers

A vast network of undocumented “ghost roads” is pushing into the world’s untouched rainforests and driving their destruction in the Asia-Pacific region, a new study has found.

By using Google Earth to map tropical forests on Borneo, Sumatra and New Guinea islands, researchers from James Cook University in Australia documented 1.37 m kilometres (850,000 miles) of roads across 1.4m sq kilometres of rainforest on the islands – between three and seven times what is officially recorded on road databases.

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Researchers explore soil and rock dust combinations for effective CO2 removal

Carbon Pulse - Sat, 2024-04-13 10:30
Carbon dioxide removals achieved through enhanced weathering (EW) can be heavily influenced by the soil to which the pulverised crushed rock is added, new research has found.
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Amended CCS bill passes Colorado House committee

Carbon Pulse - Sat, 2024-04-13 10:06
A bill introduced in Colorado that aims to expand the state’s Energy and Carbon Management Commission’s (CECMC) regulatory authority on carbon capture and storage (CCS) operations passed a legislative committee Thursday with significant amendments.
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Emitters pick up RGGI length, while traders reduce positions in all three US carbon markets

Carbon Pulse - Sat, 2024-04-13 10:01
Covered entities were the only group to increase RGGI Allowance (RGAs) holdings recently, while speculators reduced net length across all three North American carbon markets, data from the Commodity Futures Trading Commission (CFTC) showed Friday.
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LCFS Market: California prices drop 6% on ARB workshop disappointment

Carbon Pulse - Sat, 2024-04-13 08:51
California Low Carbon Fuel Standard (LCFS) prices sold off following ARB's Tuesday release of public workshop materials, with market participants disappointed at the regulator's proposed choice of a 30% carbon intensity (CI) reduction target for 2030, while traders pondered ARB's rationale given the programme's outsized surplus bank.
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Methane offset developer to raise C$3 mln in IPO, lists orphaned well VCM projects under recently-approved methodology

Carbon Pulse - Sat, 2024-04-13 07:06
A Florida-headquartered methane offset developer is looking to raise C$3 mln in an initial public offering in Canada, after this month listing two orphaned oil and gas well projects on a US-based voluntary carbon registry.
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Shell says it ‘lobbies for energy transition’ during climate ruling appeal

The Guardian - Sat, 2024-04-13 06:42

Company is fighting Dutch court ruling that says it must emit 45% less CO2 by 2030 than in 2019

Shell has argued that it “lobbies for, not against, the energy transition” on the final day of its appeal against an important climate ruling.

The fossil fuel company is fighting the decision of a Dutch court in 2021 that forces it to pump 45% less planet-heating CO2 into the atmosphere by 2030 than it did in 2019. In court on Friday, Shell argued the ruling is ineffective, onerous and does not fit into the existing legal system.

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Engineers in Oregon train dog robot to walk on Moon

BBC - Sat, 2024-04-13 06:35
The engineering team has a two-year $2 million grant to help Nasa study the Moon's surface.
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Third carbon market ETF to close this year

Carbon Pulse - Sat, 2024-04-13 02:43
Another carbon market ETF will start to liquidate its holdings this month, the third such fund to close this year.
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International Tax Task Force on climate finance to host first gathering at IMF-World Bank Spring Meetings

Carbon Pulse - Sat, 2024-04-13 02:07
The International Tax Task Force, an intergovernmental alliance promoting taxation to increase climate and nature finance flows, will meet for the first time and gain new members at the Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington next week.
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FEATURE: Scientists tackle seagrass decline with probiotics to enhance resilience and build credit projects

Carbon Pulse - Sat, 2024-04-13 01:36
Researchers are developing probiotics to improve the root structure of seagrass, with potential for large-scale, credit-generating restoration projects in Saudi Arabia and Kenya.
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Including OECMs in Australia’s biodiversity targets could lead to “perverse outcomes”, study says

Carbon Pulse - Sat, 2024-04-13 00:24
Australia's plan to rely on Other Effective area-based Conservation Measures (OECMs) to meet its biodiversity protection targets could have troubling implications, a paper has said, as the government mulls making these areas eligible for biodiversity crediting.
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German banks’ interest in nature is growing but still not sufficient, PwC analysis says

Carbon Pulse - Fri, 2024-04-12 23:53
Financial institutions in Germany are increasingly taking nature into account in their strategic plans, though commitments are still in the very early stages, analysis has shown.
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Dominican Republic formally commits to protecting 30% of waters

Carbon Pulse - Fri, 2024-04-12 23:50
The Dominican Republic has formally committed to protecting at least 30% of its waters, fulfilling part of its commitment under the Kunming-Montreal Global Biodiversity Framework (GBF).
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Argentina removes all mention of ETS, carbon emissions, renewables from ‘Omnibus Law’

Carbon Pulse - Fri, 2024-04-12 23:09
The Milei administration in Argentina has removed details on carbon emissions, renewable energy, and a proposed ETS from its far-reaching ‘Omnibus Law’, in the latest episode of the reform bill saga, which began in late December.
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France latest to join global pro-carbon pricing alliance

Carbon Pulse - Fri, 2024-04-12 22:51
France has become the latest country to join a group of nations pledging to expand carbon pricing mechanisms around the world, its government announced on Friday.
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EU nations give final nod to energy-efficiency law for buildings

Carbon Pulse - Fri, 2024-04-12 22:47
The Council of EU member states gave the final go-ahead on Friday (April 12) to a new EU directive aimed at reducing the energy consumption of buildings, in an attempt to decarbonise the sector before it enters the EU's Emissions Trading System (ETS) in 2027.
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Indian states approve 500 land areas for involvement in controversial green credit scheme

Carbon Pulse - Fri, 2024-04-12 21:29
Ten Indian states have approved over 500 plots of degraded forest lands for inclusion in the government's Green Credit Programme despite experts and environmentalists objecting the scheme rules could have devastating impact on ecosystems.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-04-12 21:21
European carbon prices rose to their highest in three months on Friday morning, extending Thursday's 8% gain, as short-covering continued to drive the market, while also helping boost energy prices to their strongest in more than two months.
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