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Study highlights untapped, understudied potential of temperate peat-forming wet woodlands for climate mitigation

Carbon Pulse - Thu, 2024-06-20 08:31
Wet woodlands not only store substantial amounts of carbon in both tree biomass and underground peat, but also offer natural flood protection and bolster biodiversity, according to a new study.
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Germany’s climate fund is drying up, think-tank warns

Carbon Pulse - Thu, 2024-06-20 08:20
Germany’s “Climate and Transformation Fund” (KTF) is nearing breaking point, putting the federal government in front of hard decisions, according to a study by the Berlin-based Mercator Research Institute on Global Commons and Climate Change (MCC) published on Wednesday.
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Petitioners request US federal appeals court to rescind SEC climate disclosure rules

Carbon Pulse - Thu, 2024-06-20 08:17
Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.
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Hybrid cars are having a moment – even though they’re dirtier than we think. What’s behind their popularity?

The Conversation - Thu, 2024-06-20 06:19
Hybrid vehicles are having a real moment in Australia and overseas. The problem is, they’re not as clean as we think. Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology Licensed as Creative Commons – attribution, no derivatives.
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France urged to step in to spur TotalEnergies’ transition from oil

The Guardian - Thu, 2024-06-20 03:12

Commission recommends 33-point plan to ensure oil giant complies with state climate commitments

The French government should intervene in TotalEnergies and spur faster climate action, a senate inquiry commission has concluded.

The commission, set up to explore ways the state could guarantee that the oil conglomerate complies with French climate commitments, recommended 33 steps the government should take to “encourage a rapid, orderly and effective transition”.

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Funds sue CME in multi-million dollar lawsuit due to voluntary carbon product changes in wake of CORSIA decision

Carbon Pulse - Thu, 2024-06-20 02:43
The change in credits eligible for the current phase of CORSIA, the UN’s international aviation offsetting scheme, compared to its pilot, has triggered a $155.4 mln lawsuit against CME Group after it altered eligibility for its GEO futures contract.
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US foundation allocates over $33 mln to restore longleaf pine forests

Carbon Pulse - Thu, 2024-06-20 01:31
A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.
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INTERVIEW: Investors chilled by noise of European Green Deal unravelling

Carbon Pulse - Thu, 2024-06-20 01:27
As competition with China and the US intensifies on clean tech, the EU must stay the course on the Green Deal and make sure it is implemented by filling the remaining gaps in areas like finance and electrification of end-uses, says Iberdrola’s director for climate, Gonzalo Saenz de Miera.
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EU Commission earmarks larger budget for 2025, but climate action sum unchanged

Carbon Pulse - Thu, 2024-06-20 01:23
Expense for environment and climate action in the EU will remain the same as last year, although the general budget is growing, according to allocations for 2025 proposed by the European Commission on Wednesday.
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Biochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market

Carbon Pulse - Thu, 2024-06-20 01:14
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
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‘No credible reason’ to expect cheaper power bills under Peter Dutton’s nuclear energy plan, experts say

The Guardian - Thu, 2024-06-20 01:00

Tony Wood of the Grattan Institute rejects Coalition’s claim electricity prices are high due to Labor’s renewables policy

Peter Dutton’s claim that nuclear energy would lead to cheaper power bills has been rejected by energy experts, with one saying there was “no credible reason” to think adding “the most expensive form of bulk electricity” would cut prices.

They said a range of evidence, including a recent CSIRO analysis, suggested nuclear power would be more expensive than other options, and that solar and wind system under construction – supported by firming technology – was the cheapest option.

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EU must manage social impacts of carbon pricing, business group warns

Carbon Pulse - Thu, 2024-06-20 01:00
A briefing released today by the Corporate Leaders Group (CLG) Europe following EU elections earlier this month, makes the case for a "social deal" and an "industrial deal" alongside the Green Deal, to manage the transition to a net-zero economy. 
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Activists spray Stonehenge with orange powder paint ahead of summer solstice – video

The Guardian - Thu, 2024-06-20 00:37

Two people have been arrested after Just Stop Oil activists sprayed orange powder paint over Stonehenge. Members of the public tried to stop the incident and a visitor managed to wrestle a spray can from one of the protesters. According to Wiltshire police, two people have been arrested. The prime minister condemned the incident, saying: 'This is a disgraceful act of vandalism to one of the UK's and the world's oldest and most important monuments.'. Just Stop Oil says it took the action to demand the incoming government sign up to a legally binding treaty to phase out fossil fuels by 2030

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EU-China agree to cooperate on emissions trading

Carbon Pulse - Thu, 2024-06-20 00:12
The EU and China agreed on Wednesday to cooperate in promoting emissions trading as an effective tool for reaching net zero emissions, as part of a wider pact to work together during a high-level environment and climate dialogue in Brussels.
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Report urges Australia not to let coal mines self-report methane emissions

Carbon Pulse - Thu, 2024-06-20 00:01
A report has warned against the Australian government moving to allow all coal companies to self-report their emissions, saying it could obscure millions of tonnes of methane pollution.
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DATA DIVE: The European countries set to capitalise on demand for carbon storage

Carbon Pulse - Wed, 2024-06-19 23:34
Certain European countries blessed with geographical advantages can expect to reap significant rewards as demand for carbon storage heats up this decade.
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EU nations call to tweak how ETS is applied to shipping sector to avoid carbon leakage

Carbon Pulse - Wed, 2024-06-19 23:30
Spain, backed by a number of EU countries, has proposed tweaking how the ETS is applied to the maritime sector to avoid carbon leakage, and urged the UN shipping body to adopt greenhouse gas emissions measures to avoid regulatory fragmentation.
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Huge REDD carbon project planned in Mozambique

Carbon Pulse - Wed, 2024-06-19 23:15
A large REDD voluntary carbon project that will span 4 million hectares has been given the go-head by the government of Mozambique.
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Indigenous-led organisation says communities want to explore biodiversity credits

Carbon Pulse - Wed, 2024-06-19 22:28
An Indigenous-led organisation has released guidelines to mobilise funding for First Nations’ nature conservation efforts in Canada, with biodiversity credits among the financing mechanisms that should be explored.
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