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Oil giant invests $100 mln into US forestry carbon projects

Carbon Pulse - Sat, 2024-08-31 01:23
A global oil major announced Friday a $100 million agreement with two US firms to support improved forest management (IFM) carbon crediting projects across multiple states.
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Fish species’ extinction risk highly underestimated, study finds

Carbon Pulse - Sat, 2024-08-31 01:00
The number of fish species at risk of extinction could be fivefold higher than previously estimated, with nearly 5,000 species not receiving a conservation status due to insufficient data.
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New shipping decarbonisation options emerge with clean fuels in short supply -insurer

Carbon Pulse - Sat, 2024-08-31 00:51
Fossil fuel consuming ships paired with carbon capture, nuclear propulsion, and hydrogen-powered fuel cells are emerging as a new decarbonisation option due to the scarcity of low-carbon fuels, according to a global shipping insurer's decarbonisation outlook.
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South African high court hears appeal over state-owned gas plant

Carbon Pulse - Sat, 2024-08-31 00:28
A South African court of appeal will hear a case on Friday in a years-long challenge by environmental groups to a large-scale gas-to-power plant over its lifecycle climate impacts.
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Timber and pulp sector falls short on zero deforestation disclosure -report

Carbon Pulse - Sat, 2024-08-31 00:06
The tropical timber and pulp industry is falling far short of reporting on its zero deforestation commitments, a new report finds.
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Guardian under fire for damning articles calling carbon credits ‘junk’

Carbon Pulse - Sat, 2024-08-31 00:02
The Guardian has come under criticism for publishing two damning articles about corporates buying ‘likely junk’ carbon credits that came from research that has yet to be broadcast and peer reviewed.
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Emissions from Australian coal-fired power stations rise as wind and hydro dip

The Guardian - Fri, 2024-08-30 23:50

More electricity demand and lower than usual generation from two renewable sources raises questions about climate targets

Greenhouse gas emissions from Australia’s ageing coal-fired power plants rose slightly in the first half of the year, reversing years of declining pollution from the power section and raising questions about the country’s ability to meet its climate targets.

An increase in electricity consumption across the country and lower than usual wind and hydro output led to an increase in coal generation. It pushed up emissions from the electricity grid between January and June.

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Researchers seek to ‘demystify’ argument about carbon removals and offsetting

Carbon Pulse - Fri, 2024-08-30 23:46
Both emission reduction credits and those obtained from carbon removals can contribute to the goal of climate neutrality and shouldn't be considered as opposing parts of carbon abatement strategies, according to a peer-reviewed paper published this week.
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Mexican project to generate first biodiversity credits under BioCarbon standard

Carbon Pulse - Fri, 2024-08-30 23:35
A nature conservation project in Mexico is set to generate the first batch of biodiversity credits under the BioCarbon standard, the certifier has told Carbon Pulse.
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Arctic researchers highlight key impacts of global climate change

Carbon Pulse - Fri, 2024-08-30 23:35
Scientists working in a part of the Arctic particularly sensitive to the effects of climate change cited wetter winters, record-low summer sea ice, and retreat of glaciers as some of the most notable impacts of a warming climate, during a webinar on Friday.
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South Korea to mandate SAF use for all international flights starting 2027

Carbon Pulse - Fri, 2024-08-30 22:16
South Korea is seeking to impose a sustainable aviation fuel (SAF) blending mandate on all international flights departing the country, come 2027, the Ministry of Trade, Industry, and Energy (MOTIE) announced Friday.
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Badger culling to end in England by 2029, government says

The Guardian - Fri, 2024-08-30 21:45

Defra sources say some licensed culls will continue until 2026 but it is highly unlikely any new ones will be granted

Badger culling will end in England by 2029, the government has said.

Some culls under existing licences will continue until 2026, according to sources at the Department for Environment, Food and Rural Affairs (Defra), but it is highly unlikely any new ones will be granted.

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Carbon removal registry closes down amid stagnant voluntary market

Carbon Pulse - Fri, 2024-08-30 21:42
A US-based carbon removal standard body has closed down amid a stagnant voluntary carbon market and tough funding environment.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-08-30 21:08
EUAs were headed for their narrowest weekly trading range of the year on Friday morning as the market appeared to lose direction and activity dwindled as the summer season neared its end, while gas and power markets were firmer, consolidating weekly gains of more than 2%.
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CN Markets: CEA trading activity stable, CCER liquidity remains stagnant

Carbon Pulse - Fri, 2024-08-30 20:39
China’s national carbon market saw its price mostly remain below the 90 yuan ($12.69) benchmark with stable liquidity, while the offset market continued to see low trading volumes as supply remains tight.
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Olympic champion joins climate activists for Windsor protest

The Guardian - Fri, 2024-08-30 20:01

Etienne Stott among Extinction Rebellion protesters to call for citizens’ assembly to tackle climate crisis

An Olympic gold medal-winning canoeist will be among climate activists protesting in Windsor this weekend to demand the Labour government takes climate action seriously.

Extinction Rebellion, which is organising the three-day event, which began on Friday, said it had been disappointed by the new administration’s lack of action on reducing fossil fuel emissions.

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Australian agriculture giant announces carbon partnerships with farmers

Carbon Pulse - Fri, 2024-08-30 19:28
An Australian agriculture giant and real estate company has announced a carbon partnership this week that aims to assist local farmers develop projects.
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Enhanced rock weathering carbon startup wins capital funding from utilities giant

Carbon Pulse - Fri, 2024-08-30 19:00
An enhanced rock weathering startup has secured venture capital financing from a utility corporation, according to a press release.
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Japanese firm partners with fisheries cooperative to generate blue carbon credits through seaweed restoration

Carbon Pulse - Fri, 2024-08-30 18:12
A Tokyo-based asset management firm has collaborated with a fisheries cooperative to generate blue carbon credits through the restoration of seaweed beds in the Japanese city of Kamakura, the firm announced this week.
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NZ Market: NZU price finishes week higher, as market mixed about upcoming ETS auction result

Carbon Pulse - Fri, 2024-08-30 18:07
The NZU price finished the week slightly higher, as the market recorded the second-largest month on record traded volume-wise ahead of next week’s auction.
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