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Alarm as German climate activists charged with ‘forming a criminal organisation’

The Guardian - Thu, 2024-05-23 22:32

Action against Letzte Generation could have ‘immense chilling effect’ on climate protest, campaigners say

Five members of Letzte Generation, Germany’s equivalent to Just Stop Oil, have been charged with “forming a criminal organisation”, a move civil rights campaigners say could in effect criminalise future support for the climate campaign.

Mirjam Herrmann, 27, Henning Jeschke, 22, Edmund Schulz, 60, Lukas Popp, 25, and Jakob Beyer, 30, were charged under section 129 of the German criminal code. It is believed to be the first time the law has been applied to a non-violent protest group.

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European markets regulator proposes tightened emissions allowance trading controls

Carbon Pulse - Thu, 2024-05-23 22:12
Europe’s financial markets regulator has launched a consultation on proposed amendments to technical standards for commodity derivatives, including enhanced position management controls and reporting requirements for venues offering trading in emissions allowances.
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Xpansiv raises fresh funds from investors

Carbon Pulse - Thu, 2024-05-23 22:12
Market infrastructure firm Xpansiv has secured fresh funding from investors, the company announced Thursday, without disclosing further details.
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Zambia signs $30-mln agreement with World Bank to reduce greenhouse gas emissions

Carbon Pulse - Thu, 2024-05-23 22:07
The government of Zambia has entered into an agreement with the World Bank to cut greenhouse gas emissions in the Eastern Province of the African nation, the bank announced this week.
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Offset registry partners with insurance firm to enhance credit buffer management

Carbon Pulse - Thu, 2024-05-23 22:02
A major offset registry is partnering with a specialist carbon insurance company to develop “next generation buffer management”, the two firms announced on Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-05-23 21:08
EU carbon permit prices forged higher on Thursday to set yet another four-month high, as natural gas markets extended their recent gains and breached a key technical level, while UK Allowances strengthened for a seventh day to reach their highest since the first week of the year.
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Verra to issue new Article 6-aligned carbon credits by year-end

Carbon Pulse - Thu, 2024-05-23 21:06
Voluntary carbon standard Verra plans to issue new credits aligned with Article 6 of the Paris Agreement by the end of the year, a company executive told Carbon Pulse.
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Puro certifies first direct air capture carbon removals

Carbon Pulse - Thu, 2024-05-23 20:55
Puro.earth has certified its first direct air capture (DAC) carbon removals, according to a release Thursday.
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EU carbon removals framework to shift financing away from developing countries, expert says

Carbon Pulse - Thu, 2024-05-23 20:32
The EU's carbon removal framework could lead climate finance to be shifted away from least-developed countries, a conference heard.
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Space telescope reveals new images of the Universe

BBC - Thu, 2024-05-23 20:27
The Euclid telescope mission, backed by Durham University scientists, releases dark Universe images.
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UK disaster response needs 'urgent' £100m upgrade

BBC - Thu, 2024-05-23 20:23
Fire chiefs say specialist service equipment used in natural disasters and terror attacks needs to be replaced.
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‘We may not call it green’: Next EU political cycle to focus on investment, says top official

Carbon Pulse - Thu, 2024-05-23 20:19
The next European Commission that will be appointed after the June EU election is unlikely to radically change course on climate policy, but rather shift its focus to industrial policy and investment to achieve the bloc’s climate goals, a top EU official has said.
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Countries have duty to protect the oceans from climate change impact, international maritime court says

Carbon Pulse - Thu, 2024-05-23 20:08
The International Tribunal for the Law of the Sea (ITLOS) has declared that signatory states of the UN Convention on the Law of the Sea (UNCLOS) have an obligation to protect the ocean from the impacts of climate change, with small island countries hailing the decision as a victory.
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‘I pray to you not to shoot us’: Mali’s Fulani herders languish in camps after violence – in pictures

The Guardian - Thu, 2024-05-23 20:00

After old rivalries between Dogon farmers and Fulani herders erupted into violence, exacerbated by Islamist rebels, thousands of the semi-nomadic pastoralists have fled to camps in towns, leaving their cherished animals and way of life. Many must beg to survive at sites lacking food and clean water, with no end in sight to the conflict

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Indian market regulator opens for use of controversial green credits to earn ESG “leadership” status

Carbon Pulse - Thu, 2024-05-23 19:16
India’s securities and commodities market regulator has proposed changes to the country’s Business Responsibility and Sustainability Reporting (BRSR) framework, opening for companies to earn “leadership” status by listing green credits they or their value chain partners have generated through tree-planting and other environmentally beneficial activities.
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Australian states work on carbon markets informs Commonwealth innovation, conference hears

Carbon Pulse - Thu, 2024-05-23 18:43
Australia’s states can work with the federal government to scale up the nation’s carbon market, a conference heard this week, although an industry roadmap would help guide its development.
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Shanghai to auction off 1 mln CO2 permits under local ETS

Carbon Pulse - Thu, 2024-05-23 18:19
The Shanghai municipal government is set to auction off 1 million CO2 allowances for its municipal emissions trading scheme at the end of May, with the price floor set near current market levels.
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Report warns of “influx” of low-quality biochar carbon removal credits

Carbon Pulse - Thu, 2024-05-23 18:00
Research from a carbon removal marketplace has raised concern that a large share of the expected future supply from the sector may be of a low quality, brought on by a rush to develop projects due to a recent surge in demand for credits.
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AU Market: Sophisticated financial instruments gaining traction in ACCU market, but future exchange will drive scale, traders say

Carbon Pulse - Thu, 2024-05-23 16:24
Swaps and options transactions in the Australian carbon market are becoming more common place thanks to the variety of reasons entities were venturing into the market, traders told a conference this week, but scale will also be needed to meet the coming demand from the Safeguard Mechanism. 
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