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Amazon, Electrolux among companies launching zero-emission shipping tender

Carbon Pulse - Thu, 2023-09-14 00:56
The Zero Emission Maritime Buyers Alliance, a group within the maritime sector, said Wednesday it has launched its first zero-emission shipping tender, with Amazon and Electrolux among those on board.
Categories: Around The Web

European Parliament approves deal to set binding EU targets for sustainable aviation fuel uptake

Carbon Pulse - Thu, 2023-09-14 00:39
The European Parliament approved a new law on Wednesday that will mean 70% of jet fuel used at EU airports will have to be green by 2050.
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UK shipbroker and carbon trader set up partnership to streamline maritime shipping access to EU ETS

Carbon Pulse - Thu, 2023-09-14 00:20
A leading British shipbroker has teamed up with a carbon trading house to provide access to the EU ETS for shipowners, as Europe’s market prepares to expand to cover shipping from next year.
Categories: Around The Web

Fossil fuel companies have a secret weapon. Here’s how Britain can help take it away from them | Cleodie Rickard

The Guardian - Thu, 2023-09-14 00:06

Eleven countries have already pledged to exit the disastrous international charter treaty. We must join them

If Labour wants an energy transition in which working people don’t foot the bill, it has to address fossil fuel companies’ secret weapon against national climate laws: the energy charter treaty (ECT).

The treaty is a multi-country investment deal for the energy sector that contains the notorious investor-state dispute settlement (ISDS), a mechanism written into international agreements that companies can use to sue governments over policy changes they allege could affect their profits. The cases are heard in secretive tribunals outside the national legal system.

Cleodie Rickard is trade campaign manager at Global Justice Now

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Categories: Around The Web

FEATURE: Venture capital starts to bet big on biodiversity

Carbon Pulse - Thu, 2023-09-14 00:00
A global challenge presents a global opportunity, according to venture capitalists (VC) from Silicon Valley to Singapore who see biodiversity companies as a new attractive area for investments, including one announced on Wednesday that will solely invest in biodiversity-related companies.
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Environment Agency failing to monitor water firms in England, data suggests

The Guardian - Wed, 2023-09-13 23:00

Exclusive: Watchdog is supposed to audit firms yearly to ensure they are not illegally dumping sewage, but 36% of audits since 2010 are missing

The Environment Agency is failing to regularly audit water companies to check they are telling the truth about pollution and illegal sewage dumping in England, the Guardian can reveal.

The audits contribute to the star rating companies are given for environmental performance by the watchdog. Some companies are being given top ratings, even though the FoI data suggests the EA has not audited them for several years.

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SBTi ramps up its climate target-checking capacity as more companies sign up

Carbon Pulse - Wed, 2023-09-13 22:32
Corporate climate goal assessor the Science Based Targets initiative (SBTi) said Wednesday it plans to increase its capacity to meet demand as a growing number of companies worldwide sign up to its net zero pathway.
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Insurance sector needs to step up to properly underwrite biodiversity risk, report finds

Carbon Pulse - Wed, 2023-09-13 22:22
A Switzerland-based international NGO has stressed the importance of insurers in incentivising biodiversity loss, calling on them to integrate biodiversity risk properly within their business activities.
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Queensland state govt to fund environmental accounting in bid to capitalise on biodiversity market opportunities

Carbon Pulse - Wed, 2023-09-13 22:22
The Queensland state government in Australia on Wednesday said it will fund better uptake of Accounting for Nature’s environmental accounting framework to provide stakeholders with better tools to measure the environment.
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South Australia slashes red tape for new wind, solar and hydrogen “gold rush”

RenewEconomy - Wed, 2023-09-13 21:49

South Australia is aiming to cut red tape to pave way for what it expects to be a new wind, solar and green hydrogen "gold rush".

The post South Australia slashes red tape for new wind, solar and hydrogen “gold rush” appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-09-13 21:37
European carbon prices were slightly stronger at midday on Wednesday as traders shrugged off data showing that investment funds had increased their bearish bets for a third week, accumulating the largest total short position in nearly two years, while UK Allowances fell to a new record low in early trade.
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New Zealand outfit adds more biodiversity credit types

Carbon Pulse - Wed, 2023-09-13 20:59
A New Zealand-based company on Wednesday announced it has launched biodiversity action credits tied to the conservation of two species of bird around the Southern Lakes Sanctuary on the country’s South Island, to add to its existing offerings.
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HK natural resources firm announces first deal as it joins HKEX voluntary market

Carbon Pulse - Wed, 2023-09-13 20:21
Hong Kong Exchanges and Clearing (HKEX)  has reached a carbon credit deal with a natural resources company with a significant presence in the Philippines, it announced Wednesday.
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SK Market: Monthly KAU acution sees lacklustre interest again despite carryover policy update

Carbon Pulse - Wed, 2023-09-13 20:10
South Korea’s latest monthly CO2 auction for the current compliance cycle sold only around 30% of the permits on offer Wednesday, as market sentiment remained lukewarm despite the government's proposed policy change to revitalise the market.
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Carbon price could help miners overcome high capital spend on electric mines, group says

Carbon Pulse - Wed, 2023-09-13 19:59
Electric mines could decarbonise much of mining companies' Scope 1 and 2 emissions, while offering health benefits to workers no longer trapped underground with diesel fumes and particulate matter, and could be made more affordable through a price on carbon, a conference heard this week.
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Devastatingly low Antarctic sea ice may be the ‘new abnormal', study warns

The Conversation - Wed, 2023-09-13 19:02
Sea ice around Antarctica has always followed a predictable seasonal cycle. Now, we’ve experienced a sudden dramatic loss, and the changes are here to stay. Edward Doddridge, Research Associate in Physical Oceanography, University of Tasmania Ariaan Purich, Lecturer in Climate Variability and Change, Monash University Licensed as Creative Commons – attribution, no derivatives.
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European Green Deal and economic competitiveness key issues for EU’s von der Leyen in last speech of her term

Carbon Pulse - Wed, 2023-09-13 18:44
European Commission President Ursula von der Leyen confirmed her commitment to the European Green Deal on Wednesday in her last annual speech to the European Parliament before the EU elections next June, though her focus was less on climate action and more on the need to support European industry on their decarbonisation journeys.
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British forest carbon data startup raises $2.2 mln in pre-seed funding

Carbon Pulse - Wed, 2023-09-13 18:36
A tech startup that offers an AI-powered measurement, reporting, and verification (MRV) service for forest conservation carbon projects, has announced Wednesday a $2.2 million pre-seed funding round.
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Solar, batteries and microgrids essential for disaster-prone communities, study finds

RenewEconomy - Wed, 2023-09-13 18:06

Losing power after a disaster is devastating for communities, a new report suggests this can be mitigated by distributed and renewable energy resources.

The post Solar, batteries and microgrids essential for disaster-prone communities, study finds appeared first on RenewEconomy.

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Expand ACCUs for biogas pipeline contracts, industrial energy boss pleads

Carbon Pulse - Wed, 2023-09-13 18:06
The energy director of a giant Australian brickmaker would like to see Australian Carbon Credit Units (ACCUs) offered for far more biogas projects so large-scale users can better decarbonise via taking biogas from the nation’s network of pipelines.
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