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UK will not use Article 6 towards next UN climate plan, says negotiator

Carbon Pulse - Tue, 2024-11-26 20:16
The UK will not use Article 6 towards meeting the country's next UN climate plan under the Paris Agreement, its negotiator on international carbon markets said Tuesday.
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INC-5: Plastic negotiators in Busan overcome first hurdle as tension builds

Carbon Pulse - Tue, 2024-11-26 20:13
Talks on the first-ever UN treaty aimed at tackling plastic pollution have begun in South Korea, with an overwhelming majority of delegates at the opening plenary session defying a group of countries allegedly trying to derail negotiations.
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FEATURE: Airlines more concerned by compliance carbon than CORSIA credit supply

Carbon Pulse - Tue, 2024-11-26 20:06
Airlines are more worried about the proliferation and expansion of compliance carbon requirements across different regulatory bodies than over the current tight supply of CORSIA-eligible credits, senior industry figures told Carbon Pulse.
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More flooding likely this week after rain from Storm Bert, UK minister says

The Guardian - Tue, 2024-11-26 17:54

Warnings remain in England and Wales as ex Environment Agency chair says not enough is spent on flood defences

More flooding is likely this week after Storm Bert brought torrential rain over the weekend, the environment secretary has said.

Steve Reed said the impact “should be less severe” than it was on Sunday and Monday morning, as communities in England and Wales start a massive clean-up after the widespread flooding.

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Japanese policymakers propose 60% emissions cut for 2035 NDC

Carbon Pulse - Tue, 2024-11-26 17:49
Japanese policymakers have proposed setting a 2035 target of cutting greenhouse gas emissions by 60% compared to 2013, as the government is considering a linear path for the country to reach net zero by mid-century.
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After a disappointing COP29, here’s how to design global climate talks that might actually work

The Conversation - Tue, 2024-11-26 16:12
The annual COP talks on climate are flawed, without a doubt. But they are also necessary. Here’s what changes a veteran of 25 COP talks wants to see Howard Bamsey, Honorary Professor, School of Regulation and Global Governance, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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US EV sales double in 2023, vehicle emissions reach record low -report

Carbon Pulse - Tue, 2024-11-26 11:26
US automakers showed progress lowering pollution from vehicles and nearly doubled electric vehicle (EV) sales to around 10% in 2023, according to a federal report published Monday.
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US low carbon fuel voluntary certificates to cover biomass-based diesel

Carbon Pulse - Tue, 2024-11-26 11:25
A voluntary US programme issuing tradeable certificates for ethanol producers that launched last year is expanding eligibility to include biodiesel and renewable diesel (RD) fuels, according to an announcement Monday.
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RGGI Market: Virginia circuit court decision fuels RGAs’ brief flight to $27

Carbon Pulse - Tue, 2024-11-26 11:08
RGGI Allowances (RGA) skimmed $27 last week after a Virginia circuit court judge ruled the state’s exit from the Northeast carbon market to be unlawful, but readjusted lower in subsequent sessions as traders reset expectations for any immediate impact to the programme.
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Unlocking billions of dollars in carbon credit demand hinges on smoothing buyer “friction points”, report warns

Carbon Pulse - Tue, 2024-11-26 10:38
The voluntary carbon market will remain underdeveloped, achieving a tiny fraction of the annual CO2 removals needed and falling short billions of dollars in investment potential until buyer “friction points” are addressed, a new report has warned.
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Transparency on climate action costs by developing countries key to unlocking private finance -report

Carbon Pulse - Tue, 2024-11-26 10:01
Just one-third of developing countries have disclosed the costs of key climate mitigation and adaptation measures, potentially limiting access to public and private finance, according to a new report released on Tuesday.
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Study makes link between stabilising global CO2 levels and reducing risk of climate disasters

Carbon Pulse - Tue, 2024-11-26 09:10
Stabilising atmospheric CO2 levels could significantly lower the risk of climate-related disasters, according to a new study by researchers from the University of Cambridge.
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