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Campaigners denounce ArcelorMittal’s ‘blackmail’ over green steel in Europe

Carbon Pulse - Thu, 2024-11-28 20:51
Environmental groups have condemned ArcelorMittal’s decision to freeze its green steel projects in Europe, saying the move was “motivated by political games” in order to extract more policy support and subsidies from the incoming European Commission.
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Seven EU countries call for slow-down on new auto decarbonisation policies

Carbon Pulse - Thu, 2024-11-28 20:32
Seven countries, led by Italy, are calling on the EU to hit the brakes on decarbonisation policies that might damage the bloc's automotive sector, according to a document seen by Carbon Pulse ahead of a presentation to competition ministers on Thursday. 
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INC-5: ANALYSIS – Industry groups defy negotiators in Busan on plastic product ban

Carbon Pulse - Thu, 2024-11-28 19:32
Industry groups have ramped up pressure to ensure that a list of banned plastic products is excluded from the UN treaty under negotiation in Busan, South Korea, while environmental organisations have responded by warning such a move could significantly weaken the text.
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Swiss insurer backs two carbon removal startups in net zero effort

Carbon Pulse - Thu, 2024-11-28 18:52
A Swiss insurance company will support an enhanced rock weathering startup and a concrete-based carbon storage project as part of its revised emissions reduction strategy.
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INC-5: FEATURE – Observers flag concerns over viability of plastic credits amid perceived lack of scientific basis

Carbon Pulse - Thu, 2024-11-28 18:14
The lack of a standardised metric to measure plastic units has fuelled concerns over crediting mechanisms at the ongoing UN plastic talks in South Korea, with experts claiming the emerging market is not built on strong scientific foundations.
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South Korea urged to increase auctioned share of CO2 permits in ETS

Carbon Pulse - Thu, 2024-11-28 17:43
South Korea needs drastic policy changes to improve the efficiency of the country's obligatory carbon market, including the phase-out of free allowance allocation for the power sector, environmental groups have urged. 
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Australian law firm ordered to pay A$9 mln in court costs after losing pipeline case

Carbon Pulse - Thu, 2024-11-28 17:33
A law firm that took on one of Australia’s largest oil and gas companies has been ordered to pay its legal costs of over A$9 million ($5.84 mln) after it lost the case.
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Countries to resume COP16 discussions in Rome early next year

Carbon Pulse - Thu, 2024-11-28 17:20
COP16 negotiations will resume in Feb. 2025 in Rome after UN biodiversity talks were abruptly suspended in early November in Colombia.
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Safeguard facilities should publish 5-year compliance strategies, Climate Change Authority says

Carbon Pulse - Thu, 2024-11-28 16:18
Industrial facilities covered under the Safeguard Mechanism should report rolling 5-year compliance strategies, the Climate Change Authority (CCA) said Thursday, as it urged all sectors, with electricity in the lead, to cut emissions faster to meet Australia’s climate targets.
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Labor’s sad capitulation on the environment has shaken even true believers like me | Felicity Wade

The Guardian - Thu, 2024-11-28 15:43

As Australia’s natural environment declines, Labor appears to cave to vested interests, writes Felicity Wade

On Thursday we were hoping to be celebrating the Australian parliament passing legislation to create a federal Environmental Protection Agency, an expert watchdog to oversee our country’s natural bounty. This was going to be a major moment for which my organisation, the Labor Environment Action Network (LEAN) and many others had worked for years. Promised on the eve of the 2022 election, it was the centre-piece of the Labor’s commitment to the environment. But late on Tuesday afternoon the legislation was moth-balled.

It is a sad and sorry tale.

Felicity Wade is national co-convener of the Labor Environment Action Network

Continue reading...
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Australia launches new registry for carbon, biodiversity units

Carbon Pulse - Thu, 2024-11-28 15:28
Australia’s Clean Energy Regulator has launched the first stage of its new Unit and Certificate Registry, designed to house various unit types for the government’s climate and environmental crediting schemes.
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This summer will likely be wetter and warmer for most Australians, bureau forecast says

The Conversation - Thu, 2024-11-28 14:02
Get set for a hotter and wetter summer this season in Australia. The long-range forecast from the Bureau of Meteorology today points to above average rainfall, especially in December, and warmth. Andrew King, Senior Lecturer in Climate Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Colorado opens online carbon trading system as market nears launch

Carbon Pulse - Thu, 2024-11-28 12:00
Colorado has opened an online carbon credit trading system as the state takes a step closer to launching its market.
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ARB bi-weekly offset issuance picks up week-on-week, majority DEBs-tagged

Carbon Pulse - Thu, 2024-11-28 10:58
Nearly 80% of California regulator ARB’s latest issuance of compliance-eligible offsets were marked with direct environmental benefits (DEBs) to the state, as volumes picked up week-on-week, agency data released Wednesday showed.
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