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Canada to ban open-net pen salmon farming in British Columbia

The Guardian - Thu, 2024-06-20 11:16

Environmentalists hail decision to end practice in five years but aquaculture industry warns of 6,000 jobs at risk

Canada will ban open-net pen salmon farming in British Columbia coastal waters in five years, the government has announced, a decision that has been welcomed by environmental groups but opposed by the aquaculture industry.

The Liberal government made the decision in 2019 to transition to closed containment technologies to protect declining wild Pacific salmon populations.

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Verra, Malaysian Forest Fund sign deal to align forest carbon initiatives

Carbon Pulse - Thu, 2024-06-20 10:03
Verra has signed an agreement with the Malaysian Forest Fund (MFF) to support the alignment of the Southeast Asia nation’s forestry carbon initiatives with the Verified Carbon Standard.
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Biorefinery firm finalises CCS agreements for its Nebraska facilities

Carbon Pulse - Thu, 2024-06-20 09:40
A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.
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Over 80% of rich countries fail to meet fair share of biodiversity financing target, report shows

Carbon Pulse - Thu, 2024-06-20 09:01
Only two out of 28 rich countries have allocated what is estimated as their fair share of the resources for biodiversity required under the Global Biodiversity Framework (GBF), while over 80% of them provided less than half of it, according to a report released Thursday.
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Hidden emissions from CCUS push could derail the UK’s net zero strategy -think tank

Carbon Pulse - Thu, 2024-06-20 09:01
A drive to scale carbon capture utilisation and storage (CCUS) projects, including 'blue' hydrogen and gas with abatement, could lead to increased demand for LNG imports, which in turn would cause the UK to exceed its carbon budget, research by a financial climate think tank has found.
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Veteran North American carbon, energy trader joins European utility

Carbon Pulse - Thu, 2024-06-20 08:50
A veteran North American carbon and energy sales trader has joined one of Europe's largest utilities.
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Study highlights untapped, understudied potential of temperate peat-forming wet woodlands for climate mitigation

Carbon Pulse - Thu, 2024-06-20 08:31
Wet woodlands not only store substantial amounts of carbon in both tree biomass and underground peat, but also offer natural flood protection and bolster biodiversity, according to a new study.
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Germany’s climate fund is drying up, think-tank warns

Carbon Pulse - Thu, 2024-06-20 08:20
Germany’s “Climate and Transformation Fund” (KTF) is nearing breaking point, putting the federal government in front of hard decisions, according to a study by the Berlin-based Mercator Research Institute on Global Commons and Climate Change (MCC) published on Wednesday.
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Petitioners request US federal appeals court to rescind SEC climate disclosure rules

Carbon Pulse - Thu, 2024-06-20 08:17
Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.
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Hybrid cars are having a moment – even though they’re dirtier than we think. What’s behind their popularity?

The Conversation - Thu, 2024-06-20 06:19
Hybrid vehicles are having a real moment in Australia and overseas. The problem is, they’re not as clean as we think. Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology Licensed as Creative Commons – attribution, no derivatives.
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France urged to step in to spur TotalEnergies’ transition from oil

The Guardian - Thu, 2024-06-20 03:12

Commission recommends 33-point plan to ensure oil giant complies with state climate commitments

The French government should intervene in TotalEnergies and spur faster climate action, a senate inquiry commission has concluded.

The commission, set up to explore ways the state could guarantee that the oil conglomerate complies with French climate commitments, recommended 33 steps the government should take to “encourage a rapid, orderly and effective transition”.

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Funds sue CME in multi-million dollar lawsuit due to voluntary carbon product changes in wake of CORSIA decision

Carbon Pulse - Thu, 2024-06-20 02:43
The change in credits eligible for the current phase of CORSIA, the UN’s international aviation offsetting scheme, compared to its pilot, has triggered a $155.4 mln lawsuit against CME Group after it altered eligibility for its GEO futures contract.
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US foundation allocates over $33 mln to restore longleaf pine forests

Carbon Pulse - Thu, 2024-06-20 01:31
A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.
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INTERVIEW: Investors chilled by noise of European Green Deal unravelling

Carbon Pulse - Thu, 2024-06-20 01:27
As competition with China and the US intensifies on clean tech, the EU must stay the course on the Green Deal and make sure it is implemented by filling the remaining gaps in areas like finance and electrification of end-uses, says Iberdrola’s director for climate, Gonzalo Saenz de Miera.
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EU Commission earmarks larger budget for 2025, but climate action sum unchanged

Carbon Pulse - Thu, 2024-06-20 01:23
Expense for environment and climate action in the EU will remain the same as last year, although the general budget is growing, according to allocations for 2025 proposed by the European Commission on Wednesday.
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Biochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market

Carbon Pulse - Thu, 2024-06-20 01:14
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
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