Feed aggregator

Two shipping companies from Asia Pacific announced on Tuesday a collaboration to further marine transport of CO2 for long distances and large cargo volumes.

A global mining company is partnering with a European hydrogen outfit to develop a green hydrogen production facility in Brazil to be used in the manufacturing of European green steel, the companies announced Tuesday.

Carbon credit price dynamics in the voluntary market are currently "misleading", with a few big tech buyers paying a lot for small volumes, while everything else is going for low prices, a senior figure at BP said on Wednesday.

Portugal's government has published regulations that will establish an electronic platform for its voluntary carbon market (VCM), which paves the way for registering projects and issuing credits.

Peru's environmental ministry aims to launch the country's carbon registry by November's COP29 UN climate summit in Baku, a senior official told the Peru Carbon Forum on Wednesday.

A Houston-headquartered blockchain carbon credit platform announced Wednesday the establishment of a franchise in Mexico as the company expands its presence in Latin America.

Proponents say using hallucinogens can spark ‘consciousness shifts’ to inspire climate-friendly behaviors

Thousands gathered for New York City’s annual Climate Week last week to promote climate solutions, from the phaseout of fossil-fuel subsidies to nuclear energy to corporate-led schemes like carbon credits. Others touted a more offbeat potential salve to the crisis: psychedelics.

Under the banner of Psychedelic Climate Week, a group of academics, marketers and advocates gathered for a film on pairing magic mushrooms with music, a discussion on funding ketamine-assisted therapy and a panel on “Balancing Investing & Impact with Climate & Psychedelic Capital”.

Continue reading...

Most countries are overlooking the potential for pro-climate behavioural changes from consumers as a strategy to help reduce global emissions by up to 70% by 2050, according to research published on Wednesday.

Expanding the donor base of international climate finance is a "prerequisite" for an "ambitious" goal due to be agreed at November's COP29 climate summit, according to the latest draft conclusions by EU climate and environment ministers, seen by Carbon Pulse.

The food products industry has the largest biodiversity footprint, followed by oil, gas, and chemicals, said a study of the impacts of 2,369 companies published on Wednesday.

Market participants see the UN international aviation offsetting scheme as the first step in a voluntary credit demand recovery, and hope that other sectors will be inspired to establish similar carbon-buying clubs in the future.

The emissions impact is obvious but with full employment in construction, approving three mine extensions is saying you want workers there rather than building homes

• Get our breaking news email, free app or daily news podcast

When the environment minister, Tanya Plibersek, approved three new coalmine expansions last week, she not only failed abjectly to act on climate change, but by diverting scarce workers from constructing homes to expanding fossil-fuel projects, she also made it harder for the government to improve housing affordability through its aim of building 1.2m new homes in five years.

Last week Plibersek posted photos of her releasing a cute little bilby into a wild training zone. Oddly there was no such cute photo, nor mention on her list of “some of the things I’m most proud of”, of her approving those three coalmine expansions, which will generate about 1.3bn tonnes of greenhouse gas emissions over their lifetime.

Continue reading...

Camera installed inside a tree hollow in NSW forest to raise awareness of the plight of the endangered possum

• Get our breaking news email, free app or daily news podcast

Conservationists call them “ridiculously cute” and “captivating” – and now a live stream offers a global audience the chance to view life inside the hollow for a family of eastern Australia’s largest gliding possums.

The hollow-cam broadcasting live from a tree in south-east NSW offered unlimited greater glider viewing for animal lovers and reality TV tragics.

Sign up for Guardian Australia’s breaking news email

Continue reading...

A new map showing 50 million neural connections is a 'huge leap' to understanding our own brains.

Ireland will increase its carbon tax on fuels by €7.50 per tonne every year from now until 2029 and hit €100 per tonne in 2030, the government announced Wednesday in a budget that also allocates money towards delivering "secure, stable, and green" energy infrastructure.

A German asset manager's fund has made its first renewable energy investment in the Baltics with the purchase of a wind farm project in Lithuania, bringing its portfolio to 3 GW.

A carbon registry and platform has announced a partnership on Wednesday with an insurer to integrate their services, profiling project risks and advising on risk management techniques.

The European Commission is preparing to put forward its legislative proposal for a 2040 climate target “very early” in 2025, an official has said, suggesting the EU could be ready to submit its Nationally Determined Contribution (NDC) in time for the UN's February deadline. 

The European Commission is moving to postpone its regulation against deforestation by one year, in an attempt to please international partners who repeatedly expressed worries about the impacts of the law on supply chains, it announced on Wednesday.

Zimbabwe plans to soon boost its carbon market by opening the door to international trade of ITMO credits under Article 6 of the Paris Agreement.