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ANALYSIS: Japan’s inclusion of CDR credits not expected to stir enthusiasm in domestic carbon market

Carbon Pulse - Wed, 2024-04-24 16:06
Japan has opened the door to the use of international credits from carbon dioxide removal (CDR) projects in its domestic carbon market, though market response might be tepid due to the entry threshold and the limited scope of eligible projects.
Categories: Around The Web

Our tall, wet forests were not open and park-like when colonists arrived – and we shouldn’t be burning them

The Conversation - Wed, 2024-04-24 15:32
All the evidence – colonial accounts and records, First Peoples’ testimony and scientific data – points to the existence of widespread tall, dense forests 250 years ago. David Lindenmayer, Professor, Fenner School of Environment and Society, Australian National University Chris Taylor, Research Fellow, Fenner School of Environment and Society, Australian National University Elle Bowd, Research Fellow, Fenner School of Environment & Society, Australian National University Philip Zylstra, Research Associate, University of New South Wales, and Adjunct Associate Professor, Curtin University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Volatile day in California market as ARB workshop largely dodges main rulemaking questions

Carbon Pulse - Wed, 2024-04-24 12:35
WCI traders’ expectations for more clarifications on cap adjustment details, cost containment changes, and allowance allocation considerations from ARB at Tuesday’s workshop failed to materialise, resulting in volatile price action in the secondary market.
Categories: Around The Web

What kind of diner are you? 6 types of diners who avoid plant-based meat dishes

The Conversation - Wed, 2024-04-24 11:37
When diners were asked why they don’t order plant-based meat dishes, it turns out they have many different reasons. David Fechner, Research Fellow, Social Marketing, Griffith University Bettina Grün, Associate Professor, Institute for Statistics and Mathematics, Vienna University of Economics and Business Sara Dolnicar, Research Professor in Tourism, School of Business, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Rabobank, Plan Vivo refute Ivorian carbon credit double counting claims

Carbon Pulse - Wed, 2024-04-24 10:59
Rabobank and Plan Vivo have pushed back against reporting by investigative journalism outlet Follow the Money (FTM), which revealed that Cote d’Ivoire had asked the Dutch bank to suspend its carbon credit origination activities in the country’s Nawa region over double counting fears.
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BC’s updated forest offset protocol mandates First Nations engagement, outlines reversal measures

Carbon Pulse - Wed, 2024-04-24 10:45
Canada’s British Columbia has updated its offset regulation and published its second forest carbon offset protocol (FCOP 2.0), which mandates First Nations’ engagement across all projects and stipulates measures that could see fewer credits awarded to project developers in the event of a reversal.
Categories: Around The Web

Australia provides A$330 mln to decarbonise heavy industry

Carbon Pulse - Wed, 2024-04-24 10:32
The Australian government has provided A$330 mln ($214 mln) in grant funding to heavy industrial facilities across the country to reduce their CO2 emissions by 830,000 tonnes per year, it announced Wednesday.
Categories: Around The Web

Climate change and human rights: how a landmark legal victory in Europe could affect NZ

The Conversation - Wed, 2024-04-24 10:30
The recent climate case win in the European Court of Human Rights by a group of older Swiss women has real implications for a number of current cases before New Zealand courts. Vernon Rive, Associate Professor of Law, University of Auckland, Waipapa Taumata Rau Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Over $11 mln secured to oppose Washington’s cap-and-trade repeal initiative

Carbon Pulse - Wed, 2024-04-24 10:20
Major US corporations are backing a campaign against a voter initiative in Washington that seeks to overturn the state’s cap-and-trade programme, with some $11 million mobilised by the time it launched last week.
Categories: Around The Web

CORSIA credits could be worth over $50/t based on airline demand signals, says offset project financier

Carbon Pulse - Wed, 2024-04-24 09:37
Prices for first phase CORSIA carbon credits could be valued above $50/tonne based on indications of airline demand, a project financier said Tuesday.
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BRIEFING: Additional MRV, policy support needed to scale enhanced weathering as a CDR solution, experts warn

Carbon Pulse - Wed, 2024-04-24 08:31
Advancing enhanced rock weathering (ERW) as a CO2 removal solution will require addressing MRV challenges and higher policy support, especially in Europe, members of a recently formed industry alliance said Tuesday.
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UN SG calls on G20 to lead the way on phasing out fossil fuels and increasing finance

Carbon Pulse - Wed, 2024-04-24 05:30
G20 countries must lead the way in "dramatically" accelerating the fossil fuels phase-out, providing certainty and predictability to markets, and boosting climate action support for poorer countries, the UN secretary general said in a speech on Tuesday.
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Voluntary carbon credit issuances outpace retirements in Q1 to further inflate oversupply, weigh on prices -analysts

Carbon Pulse - Wed, 2024-04-24 04:37
Despite a historically large number of retirements in the voluntary carbon market in Q1 2024, oversupply continues to balloon amid issuances rising at a faster clip, keeping credit prices at bay, analysts said Tuesday.
Categories: Around The Web

The Guardian view on the Sahel and its crises: the west can still make a difference | Editorial

The Guardian - Wed, 2024-04-24 03:53

The region is turning towards Russia and other global players when it comes to security. Tackling the climate crisis would contribute to a solution

Two apparently separate developments in the Sahel are linked by more than geography. Last week, the US confirmed that it will withdraw more than 1,000 troops from Niger after the military junta revoked a security pact – just six years after a new $110m military base opened. Meanwhile, a record heatwave is the latest deadly extreme weather event.

The US had hoped to maintain the military agreement despite last summer’s coup, part of a wave of military power grabs across the central Sahel and the wider region. French troops had already been expelled, with France earlier withdrawing from Mali and Burkina Faso. Mali’s regime also ordered an end to the UN stabilisation mission. Western departures come alongside the growing presence of Russian mercenaries, including the Wagner group.

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Categories: Around The Web

INTERVIEW: African nature data platform could launch within a year

Carbon Pulse - Wed, 2024-04-24 02:32
The African Natural Capital Alliance (ANCA) is spearheading efforts to establish a comprehensive nature data platform for the continent, in a bid to drive investment into nature-based solutions, an executive has said.
Categories: Around The Web

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