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EU risks falling short on its 2030 climate goal, warns European Commission’s in-house research arm

Carbon Pulse - Mon, 2025-02-10 23:50
The EU is at risk of missing its 2030 climate goal of cutting net emissions 55% below 1990 levels, the European Commission’s Joint Research Centre (JRC) warned in a report that was quietly posted online just over a week ago.
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French investor announces coalition to support €350 mln NbS fund

Carbon Pulse - Mon, 2025-02-10 23:31
A French asset manager announced last week a coalition of investors and partners to support its €350 million natured-based solutions (NbS) fund focused on sustainable agriculture.
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Some UK small sites delivering over 100% biodiversity net gain, report says

Carbon Pulse - Mon, 2025-02-10 23:11
Some small development sites in England have achieved biodiversity net gain (BNG) at least 10 times greater than the legal requirements, according to a report released Monday.
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Australian banks still committing billions of dollars to fossil projects -report

Carbon Pulse - Mon, 2025-02-10 23:01
An activist shareholder group has run the ruler over the exposure to fossil fuels for Australian and international banks and found the numbers significant, but said ‘ordinary’ people may not realise the full extent of their banks’ lending activities.
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Nearly 150 organisations call for clarity on biomethane certificates in GHG Protocol

Carbon Pulse - Mon, 2025-02-10 22:54
A total of 144 companies and trade associations globally have urged the leadership behind the GHG Protocol to clarify the role of market instruments for renewable gases in the organisation's Scope 1 inventory, saying a rapid deployment of biomethane is needed to meet climate goals.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2025-02-10 22:40
EU carbon jumped on Monday morning, amid sharply higher energy prices after the latest forecasts showed colder weather across the region, boosting the call on thermal power generation, while UKAs rose to a new eight-month high.
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Weatherwatch: tropical cyclone Zelia brings high winds and rain to Western Australia

The Guardian - Mon, 2025-02-10 22:03

A tropical low known as 18U will bring strong winds, heavy rain and storm surges to the north of the country

The Bureau of Meteorology has issued a tropical cyclone alert for the north coast of Western Australia. This alert concerns a tropical low known as 18U, which has been spotted near the coast of Kimberley, situated in the north-west of the state. Strong winds, heavy rain and storm surges will affect northern Australia starting on Sunday night, with a flood warning also being issued. Under current forecasts, 18U will continue to push south-westwards along the warm water off Western Australia into the new week and is expected to strengthen to a tropical cyclone, which will be named Zelia. By the end of the week, the cyclone is expected to make landfall around the Pilbara region, bringing about 150mm-250mm (5.9in-9.8in) of rain locally, alongside wind gusts of about 100mph.

Meanwhile, Canada has once again been experiencing a severe cold spell after polar air moved in from the north, allowing temperatures to fall 5C-10C (41C-50F) below the seasonal average. Western Canada is particularly badly affected, with the cities of Calgary, Edmonton and Saskatoon potentially experiencing maximum daytime temperatures of between -10C and -15C this week, while overnight temperatures will often reach -20C to -30C. Temperatures as low as -35C are possible, which is around 10-15C below the seasonal average. For more context, the town of Saskatoon lies at the same latitude as Cambridge in the UK, which has a record low temperature of -13C.

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German nature tech firm secures €5 mln to develop risk management platform

Carbon Pulse - Mon, 2025-02-10 21:42
A Germany-based nature tech company has raised €5 million in seed funding to advance its platform aimed at enabling companies to assess and manage their environmental impacts.
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Strong Swiss majority rejects environmentally responsible consumption initiative

Carbon Pulse - Mon, 2025-02-10 20:33
Switzerland has rejected the proposed Environmental Responsibility Initiative to rein in the country’s consumption levels in line with planetary boundaries, with a strong majority of almost 70% in a popular vote held Sunday.
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EU’s NDC stuck in limbo, pending agreement on 2040 climate target

Carbon Pulse - Mon, 2025-02-10 19:56
The European Commission says its forthcoming 2040 climate plan will "inform" the bloc's next Paris Agreement commitment for 2035, but questions persist on how the figure will be decided, as no method has yet been agreed or even discussed publicly.
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Subsidies halved for controversial Drax power station

BBC - Mon, 2025-02-10 18:49
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.
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China expands electricity market coverage, deepens power sector reforms

Carbon Pulse - Mon, 2025-02-10 18:46
China has integrated on-grid renewables into the nation's electricity market as its latest attempt to deepen the country's power sector reforms, a process expected to make the market more sensistive to carbon pricing signals.
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PREVIEW: Article 6 methodological work underway as focus switches to implementation

Carbon Pulse - Mon, 2025-02-10 17:05
The Supervisory Body for the Article 6.4 mechanism (SBM) will meet for the first time this week since the historic carbon markets agreement at COP29 in Baku, with implementation on the agenda as the UN body seeks to push forward with key methodological work for Paris Agreement carbon crediting.
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ID Market: January sees increase in IDX traded volumes, but questions remain over int’l credits

Carbon Pulse - Mon, 2025-02-10 15:41
Activity on Indonesia’s National Carbon Exchange (IDX Carbon) saw a jump in January, partly thanks to the commencement of international carbon credit trading on the platform, however questions linger over key elements of the scheme.
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Climate activists fined over protest outside Woodside boss Meg O’Neill’s Perth home

The Guardian - Mon, 2025-02-10 15:07

Jesse Noakes, 36, and Matilda Lane-Rose, 20, and Emil Davey, 23, fined a total of $6,500 after pleading guilty to unlawful damage and trespass

A group of climate activists have been fined over a foiled protest at the Woodside Energy boss’s family home.

About 10 counter-terrorism police were waiting for Jesse Noakes, 36, and Matilda Lane-Rose, 20, when they arrived at the Perth home of Woodside chief executive, Meg O’Neill, in August 2023 with paint, water balloons and a bicycle lock.

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More than 1,100 dead sea turtles washed up along southern India’s coastline

The Guardian - Mon, 2025-02-10 15:00

The mass death of once-endangered olive ridley turtles in January has prompted an increase in wildlife patrols and a crackdown on fishing boats

More than 1,100 dead olive ridley sea turtles have washed ashore on the beaches of Tamil Nadu state in southern India this January.

“I never heard [of] such large numbers of turtles stranded at any beaches of Tamil Nadu at least in the last three decades,” Kuppusamy Sivakumar, an ecology professor at Pondicherry University said.

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Storm brings hail to Harden in NSW – video

The Guardian - Mon, 2025-02-10 13:53

Storm brings hail to Harden in NSW – video

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