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VCM Report: Sluggish voluntary carbon spot market starts to pinch

Carbon Pulse - Tue, 2024-05-21 03:00
News broke that Verra has temporarily suspended the registry account of the troubled Rimba Raya project on Monday morning to cap a dreary previous week for the voluntary carbon spot market that is still undermined by thin liquidity and low prices.
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EU CBAM could shrink South Africa’s exports 10% by 2050 -central bank

Carbon Pulse - Tue, 2024-05-21 02:01
South Africa’s economy could suffer significantly if the EU’s carbon border adjustment mechanism (CBAM) is extended to all sectors, leading to a 10% drop in exports by 2050, according to the country’s central bank.
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Eagles shifting flight paths to avoid Ukraine conflict, scientists find

The Guardian - Tue, 2024-05-21 01:48

Vulnerable birds deviating from migratory routes by up to 155 miles, which could affect breeding

Eagles that have migratory routes through Ukraine have shifted their flight paths to avoid areas affected by the conflict, researchers have found.

GPS data has revealed that greater spotted eagles not only made large detours after the invasion began, but also curtailed pitstops to rest and refuel, or avoided making them altogether.

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Biodiversity credits should learn from voluntary carbon, require regulatory oversight -investors

Carbon Pulse - Tue, 2024-05-21 01:45
The evolving market for biodiversity credits should seek to avoid some of the pitfalls of the voluntary carbon market (VCM), while capitalising on the interdependencies between climate and nature, said speakers during an event in London on Monday.
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Oxford researchers outline five steps to keep UK on track for net zero

Carbon Pulse - Tue, 2024-05-21 01:10
A team of researchers at the University of Oxford has outlined five policy interventions needed to keep the UK on course for net zero goals, warning against an over-reliance on carbon taxes, a solution often advocated by economists.
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Electric pulses may ease paralysis after broken neck

BBC - Tue, 2024-05-21 01:00
One patient who lost movement in her hand can now use it to scroll on a smartphone.
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Voter views on animal welfare are changing – and taking the live sheep export trade with them | Gabrielle Chan

The Guardian - Tue, 2024-05-21 01:00

Labor says it will phase out the practice by 2028 – 10 years after it first announced the policy. But farm advocates say the timeline is ‘radical’

One of the great contrasts that has struck me on city visits is the rise of dog culture.

Massive pet warehouses with owners and their dogs waiting outside to buy dog clothes, fancy food, treats, leads, collars, beds, blankets and booties. That is before they are taken to the doggy dentist on the way to doggy daycare or down to the doggy park for a doggy dalliance or perhaps a posh puppuccino.

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Microplastics found in every human testicle in study

The Guardian - Tue, 2024-05-21 00:34

Scientists say discovery may be linked to decades-long decline in sperm counts in men around the world

Microplastics have been found in human testicles, with researchers saying the discovery might be linked to declining sperm counts in men.

The scientists tested 23 human testes, as well as 47 testes from pet dogs. They found microplastic pollution in every sample.

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Aramco, US-based climate tech firm enter into MoU to advance DAC

Carbon Pulse - Tue, 2024-05-21 00:34
Oil giant Saudi Aramco and a US-based direct air capture (DAC) developer unveiled a Memorandum of Understanding (MoU) Friday intended to advance the nascent carbon removal (CDR) technology.
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Voluntary carbon removal standard expands science team with two new hires

Carbon Pulse - Tue, 2024-05-21 00:25
A London and New York-based carbon removal standard and registry has hired two carbon removal (CDR) experts to expand their science leadership team, the company announced on Monday.
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Australian jurisdictions improving on carbon markets, but work still needed, report says

Carbon Pulse - Tue, 2024-05-21 00:01
Queensland maintains Australia’s best regulatory framework for carbon markets and project developers and the Northern Territory the worst, although all jurisdictions have room for improvement, according to an annual survey released Tuesday.
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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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