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Korean non-profit establishes council for voluntary market engagement

Carbon Pulse - Tue, 2024-03-12 12:27
A South Korean non-profit dedicated to sustainable development has established a special council led by a climate policy veteran to facilitate the engagement of domestic companies in the voluntary carbon market.
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Critically endangered stonefly with ‘remarkable’ lifespan faces extinction as Victorian government decision condemned

The Guardian - Tue, 2024-03-12 12:20

Mount Donna Buang wingless stonefly could disappear after critical habitat determination rejected, conservationists say

A critically endangered stonefly, which can outlive most other insects, may become extinct after the Victorian government made an “incredibly disappointing” decision.

That’s the claim from the Victorian National Parks Association, which was frustrated on Monday after the government rejected an application for the Mount Donna Buang wingless stonefly to be granted a critical habitat determination.

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Bananas to cost more as climate warms, says expert

BBC - Tue, 2024-03-12 12:12
A warming climate and fast-spreading diseases threaten supplies and push up prices, a top banana industry expert warns.
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US 2025 budget requests additional $27 bln in climate funding

Carbon Pulse - Tue, 2024-03-12 10:13
The Biden administration’s $7.4 billion 2025 budget plan requests an increase of $26.9 bln for climate programmes across US agencies, as well as funding for international climate finance, according to documents released Monday.
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New gas power plants to stop blackouts - minister

BBC - Tue, 2024-03-12 10:07
Critics say a commitment to build new gas-fired power stations would threaten climate pledges.
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NZ Climate Commission warns of material NZU oversupply, calls for large cuts to auction volumes  

Carbon Pulse - Tue, 2024-03-12 10:05
The volume of NZUs available at auction must be dramatically reduced to cut a surplus in New Zealand’s ETS that threatens to undermine its effectiveness, the country’s Climate Change Commission (CCC) said Tuesday.
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Oregon sets 2024 rulemaking timeline to re-establish scrapped Climate Protection Program

Carbon Pulse - Tue, 2024-03-12 09:36
The Oregon Department of Environmental Protection (DEQ) on Monday announced a new rulemaking schedule to reinstate its market-based GHG reduction programme that a state court dismissed in December.
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PREVIEW: RGGI Q1 sale expected to trigger additional volumes

Carbon Pulse - Tue, 2024-03-12 09:06
Market participants coalesced around expectations for the first RGGI allowance auction of 2024 to clear around the Cost Containment Reserve (CCR) trigger, with secondary market prices converging towards that level over the last month.
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Can earth-covered houses protect us from bushfires? Even if they’re a solution, it’s not risk-free

The Conversation - Tue, 2024-03-12 05:12
Buildings can be engineered to resist bushfires, but we can’t engineer the many aspects of human behaviour and decision-making that will still put lives at risk. Alan March, Professor of Urban Planning, Faculty of Architecture, Building and Planning, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Indigenous fire management began more than 11,000 years ago: new research

The Conversation - Tue, 2024-03-12 05:12
Indigenous fire management shaped Australian tropical savannas over millennia, until the arrival of Europeans pushed the landscape back into a dangerous, unmanaged state. Cassandra Rowe, Research Fellow, James Cook University Corey J. A. Bradshaw, Matthew Flinders Professor of Global Ecology and Models Theme Leader for the ARC Centre of Excellence for Australian Biodiversity and Heritage, Flinders University Michael Bird, JCU Distinguished Professor, ARC Centre of Excellence for Australian Biodiversity and Heritage, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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Just 6% of past voluntary carbon credit issuances likely to meet ICVCM’s CCP label -analysts

Carbon Pulse - Tue, 2024-03-12 04:35
A little over 6% of historical credit issuances have a strong chance of receiving the CCP label by the Integrity Council for Voluntary Carbon Markets (ICVCM), with the tag potentially a more stringent marker of quality than CORSIA-eligible credits, according to market analysts.
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VCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures

Carbon Pulse - Tue, 2024-03-12 04:28
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
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Bird flu infects penguins at famous wildlife haven

BBC - Tue, 2024-03-12 04:02
The first avian influenza cases in the penguins of South Georgia are reported by scientists.
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Carbon utilisation and removal firm launches new DAC unit for agriculture

Carbon Pulse - Tue, 2024-03-12 02:53
An Amsterdam-based climate tech company launched its second direct air capture unit for onsite carbon capture and utilisation in large greenhouses and vertical farms.
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US DOE offers $425 mln towards clean energy production, decarbonisation in former coal communities

Carbon Pulse - Tue, 2024-03-12 02:46
The US Department of Energy (DOE) announced $425 million in a second round of funding to support clean energy manufacturing while reducing industrial emissions in former coal communities.
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Exchange to imminently launch CORSIA, REDD+ voluntary carbon futures

Carbon Pulse - Tue, 2024-03-12 02:26
A Singapore-based exchange is expected to be 'weeks away' from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.
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