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INTERVIEW: $1 trillion sustainable bonds market to play “very big” role in reducing global emissions

Carbon Pulse - Mon, 2024-05-20 23:59
The market in use-of-proceeds and key performance (KPI)-linked sustainability bonds will play a massive role in global mitigation efforts, according to a senior researcher at a large financial ratings firm.
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Fish deaths in England’s rivers rise tenfold in four years

The Guardian - Mon, 2024-05-20 23:08

More than 216,000 fish died in 2022-2023, when England recorded a 54% increase in sewage spills

Mass deaths of fish in England’s rivers have increased almost tenfold since 2020, with fears sewage pollution is exterminating life in the country’s waterways.

Environment Agency (EA) data from the past four years shows an alarming rise in the number of fish deaths linked to sewage pollution, with figures escalating from 26,690 in 2020-2021 to 216,135 in 2023-2024.

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Verra suspends account of troubled Rimba Raya voluntary carbon project

Carbon Pulse - Mon, 2024-05-20 21:52
Verra has suspended the registry account of the troubled Rimba Raya voluntary carbon project in Indonesia, it announced Monday, plunging the future of the giant REDD activity into doubt.
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Nigerian govt adopts initiative to distribute 80 mln clean cookstoves financed by voluntary carbon credits

Carbon Pulse - Mon, 2024-05-20 21:34
The federal government of Nigeria has collaborated with an African carbon offset project developer to distribute 80 million clean cookstoves throughout the West African nation that have been fully financed by voluntary carbon credits.
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EU consultation on biodiversity credits struggles to draw attention

Carbon Pulse - Mon, 2024-05-20 21:34
An EU-commissioned survey on biodiversity credits has received less than a third of the expected responses, Carbon Pulse has learned, with the consulting group responsible for the study calling for increased participation to finalise it and present the findings at this year's COP16 UN biodiversity summit.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-05-20 21:23
EU carbon prices soared on Monday morning, driven by a combination of rising demand for fossil power as onshore wind levels dropped sharply, and some speculative buying, while UKAs rose to a four-month high above a key psychological level as speculators and thermal generators also bought.
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Japan passes CCS bill but storage capacity small compared to overseas opportunities, report says

Carbon Pulse - Mon, 2024-05-20 21:04
Japan has passed its carbon capture and storage (CCS), but the amounts planned by the nation for domestic storage are dwarfed by its larger emissions profile and lack of proper geological storage space, while a report Monday outlined benefits of a large-scale CCS industry in Australia potentially taking a far greater portion.
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Carbon removal credits ‘obvious candidate’ for EU ETS integration, says former top official

Carbon Pulse - Mon, 2024-05-20 20:20
The European Union should step up its efforts to promote international carbon trading, with removal credits “an obvious candidate” to join a potential “positive list” of carbon projects that could be allowed in the EU ETS, a former top official has argued.
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China’s Guangzhou approves seagrass bed methodology

Carbon Pulse - Mon, 2024-05-20 20:12
One of China's largest cities has given the green light to a methodology for seagrass bed restoration, as regional governments in the country are seeking to unlock the potential of blue carbon.
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Britain’s public parks are a green lifeline – stop fencing them off for the summer | Rebecca Tamás

The Guardian - Mon, 2024-05-20 20:00

These spaces are crucial for our wellbeing, but cash-strapped councils are being forced to treat them as revenue earners

My local green space, Brockwell Park in Brixton and Herne Hill, south London, is an oasis of calm in the busy city. Friends catch up in the walled garden, where wisteria trails over pillars and roses and bluebells explode from the earth. In the community garden, local people work together to grow vegetables and run sessions to connect nature-deprived children to the land.

In the centre of the sometimes crushing metropolis, this park means everything to me – it keeps me sane, and it gives me hope. But this green lifeline is, every summer, taken away, as I await the arrival of the park’s music festival season with dread. As huge metal walls go up, dividing us from the green, and HGVs begin flattening the grass and soil, I feel a genuine sense of horror. A large part of the park is cut off for weeks, and our community’s heart is pulled out as people stream into events whose expensive tickets most people living round here could never afford. And the same is happening in shared green spaces all over the UK.

Rebecca Tamás is a writer of environmental nonfiction and a poet. Her most recent book is Strangers: Essays on the Human and Nonhuman

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ANALYSIS: Australia’s Clean Energy Regulator urges Safeguard facilities to ramp up decarbonisation tech investments

Carbon Pulse - Mon, 2024-05-20 18:55
The Clean Energy Regulator (CER) has pressed company executives with facilities covered under the Safeguard Mechanism to invest in research, development, and deployment of technology to cut emissions at source as soon as possible, warning that relying on carbon credits alone will not be sufficient.
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‘Free Bella’: campaigners fight to save lonely beluga whale from Seoul mall

The Guardian - Mon, 2024-05-20 17:00

Five years after her last companion died and the aquarium’s owner pledged to free her, Bella still languishes in a tiny tank amid shops

In the heart of Seoul, amid the luxury shops at the foot of the world’s sixth-tallest skyscraper, a lone beluga whale named Bella swims aimlessly in a tiny, lifeless tank, where she has been trapped for a decade.

Her plight is urgent, with campaigners racing to rescue her from the bare tank in a glitzy shopping centre in South Korea’s capital before it is too late.

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Has logging really stopped in Victoria? What the death of an endangered glider tells us

The Conversation - Mon, 2024-05-20 16:28
Native forest logging was meant to be over in Victoria. Why are the chainsaws still going? David Lindenmayer, Professor, Fenner School of Environment and Society, Australian National University Chris Taylor, Research Fellow, Fenner School of Environment and Society, Australian National University Kita Ashman, Visiting fellow, Australian National University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

NZ Market: NZUs fall to 10-mth low as market says confidence in govt is lost

Carbon Pulse - Mon, 2024-05-20 15:39
The price for NZUs sunk by around 15% on Monday as the market continued to react poorly to the government's consultation on the ETS released last week. 
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