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INTERVIEW: Shift towards standardisation will spur market growth, but buyers must be willing to pay well for good credits, says Indian climate startup

Carbon Pulse - Mon, 2024-04-15 20:53
Global carbon markets are slowly moving towards standardisation and there will be a demand for specific types of carbon from a specific group of people, according to the co-founder of an Indian climate startup.
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Conservation tech firm, Bloomberg Ocean Initiative launch tool to monitor marine biodiversity protection

Carbon Pulse - Mon, 2024-04-15 20:28
Non-profit tech company and the Bloomberg Ocean Initiative have launched an open-source tool to track progress in sea conservation across the world, and presented it during the ongoing ocean conference in Athens, Greece.
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Japan moves to bring more hydrogen projects into JCM

Carbon Pulse - Mon, 2024-04-15 20:22
Japan on Monday released a funding call under the Joint Crediting Mechanism (JCM) for hydrogen or other new technology projects that so far have been moving ahead without carbon finance.
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Record number of river barriers removed across Europe in 2023

The Guardian - Mon, 2024-04-15 19:24

Removal of nearly 500 barriers last year will help restore disturbed waterways to their natural state, says Dam Removal Europe

Europe removed a record number of dams and other barriers from its rivers in 2023, a report has found, helping to restore its disturbed waterways to their natural states.

Nearly 500 barriers were taken out of European rivers last year, according to figures compiled by Dam Removal Europe, an increase of 50% from the year before.

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‘Anecdotal evidence’ that CBAM is spurring carbon pricing initiatives worldwide, EU official says

Carbon Pulse - Mon, 2024-04-15 19:03
The EU’s Carbon Border Adjustment Mechanism (CBAM), which came into force last year, is spurring new carbon pricing initiatives in countries around the world as they seek to avoid the CO2 tariff, an official has said, adding however, that not all of these schemes are comparable to the bloc's ETS.
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Southeast Asia “woefully” behind in race to meet near-term transition goals -report

Carbon Pulse - Mon, 2024-04-15 18:30
Southeast Asia will need $1.5 trillion to reduce the 2.4 gigatonnes of CO2e required to meet its 2030 emissions targets, but is “woefully” off track, according to a report released Monday.
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China updates emission factors for domestic power sector to strengthen carbon accounting

Carbon Pulse - Mon, 2024-04-15 17:42
China has published a set of emission factors for the power sector, as it seeks to strengthen carbon accounting requirements for domestic companies for the national emissions trading scheme as well as ahead of the introduction of the EU carbon border adjustment mechanism (CBAM).
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There’s no such thing as a benign beef farm – so beware the ‘eco-friendly’ new film straight out of a storybook | George Monbiot

The Guardian - Mon, 2024-04-15 17:00

A highly misleading new documentary claims soil carbon storage can redeem the livestock industry – it’s all so much ‘moo-woo’

We draw our moral lines in arbitrary places. We might believe we’re guided only by universal values and proven facts, but often we’re swayed by deep themes of which we might be unaware. In particular, we tend to associate the imagery and sensations of our earliest childhood with what is good and right. When we see something that chimes with them, we are powerfully drawn to it and attach moral value to it.

This results from a combination of two factors: finding safety and comfort in the familiar, and what psychologists call “the primacy effect” – the first thing we hear about a topic is the one we tend to recall and accept. These tendencies contribute to the illusory truth effect: what is familiar is judged to be true. We go to war for such illusory truths, and sacrifice our lives to them.

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Exploring why we photograph animals – in pictures

The Guardian - Mon, 2024-04-15 16:00

A new collection of wildlife photography aims to help understand why people have photographed animals at different points in history and what it means in the present. Huw Lewis-Jones explores the animal in photography through the work of more than 100 photographers in Why We Photograph Animals, supporting the images with thematic essays to provide historical context

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Former Xpansiv, ICAP carbon market stalwarts team up to launch new trading firm

Carbon Pulse - Mon, 2024-04-15 16:00
Four voluntary carbon market professionals have teamed up to launch a new trading and advisory desk, they said Monday.
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Activist capital fund lobs merger bid at Australian carbon project developer

Carbon Pulse - Mon, 2024-04-15 15:50
An Australian activist capital fund has launched a takeover bid for a local carbon project developer, it told the market, one of several investments it has made in the country’s carbon industry.
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Australia now has a $70 ‘shadow price’ on carbon emissions. Here’s why we won’t see a real price any time soon

The Conversation - Mon, 2024-04-15 13:56
For two years, Australia had a carbon price. Now we have a shadow price which won’t be paid by any emitter. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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AU Market: Vast sum of ACCU holdings leads ANZ to downgrade price forecast

Carbon Pulse - Mon, 2024-04-15 11:38
The continued growth of Australian Carbon Credit Units (ACCUs) holdings by Safeguard entities and intermediaries has caused ANZ to downgrade its 12-month forecast price, but the bank noted there would still be some upside pressure.
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Debt swaps could funnel more than $100 bln to nature and climate, says NGO

Carbon Pulse - Mon, 2024-04-15 10:01
Debt-for-nature and debt-for-climate swaps could free up more than $100 billion to spend on restoring nature and climate mitigation and adaptation, according to updated analysis based on a 2022 report by the UK-based International Institute for Environment and Development (IIED).
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What if whales took us to court? A move to grant them legal personhood would include the right to sue

The Conversation - Mon, 2024-04-15 06:18
If a new declaration based on customary concepts of tikanga and mana is recognised by the courts, it could potentially give interest groups the legal standing to sue on behalf of whales. Rachael Evans, Lecturer, Kaupeka Ture | Faculty of Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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