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EU nations postpone vote on due diligence for corporate climate neutrality plans

Carbon Pulse - Sat, 2024-02-10 03:41
European ambassadors decided to postpone a vote, scheduled for Friday, on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans.
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European Parliament to vote on corporate voluntary carbon credit use

Carbon Pulse - Sat, 2024-02-10 03:33
Members of a joint European Parliament committee will vote on rules regulating the use of carbon credits by EU companies next week, including whether those from schemes outside the bloc will be accepted, according to a draft document seen by Carbon Pulse.
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The risks and opportunities of stacking with UK biodiversity net gain -lawyer

Carbon Pulse - Sat, 2024-02-10 03:11
The sale of different ecosystem services from the same piece of land, known as ‘stacking’, could be a key way for farmers to maximise their returns via the UK biodiversity net gain (BNG) scheme when managed correctly, a lawyer has said.
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Barclays tightens guardrails around oil and gas, promotes energy transition

Carbon Pulse - Sat, 2024-02-10 02:44
Barclays will end direct finance to upstream oil and gas expansion projects and require energy clients to set methane reduction targets under its latest climate statement, though critics say the plan doesn't go far enough.
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Puro updates voluntary carbon removals rules to align with ICVCM, CORSIA

Carbon Pulse - Sat, 2024-02-10 02:32
A voluntary carbon removals standard has updated its rules in a bid to align with the UN's CORSIA international aviation offsetting scheme as well as the Integrity Council for Voluntary Carbon Markets (ICVCM)’s stamp of quality, the company announced.
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Qatar LNG supply deal will make India dependent on fossil imports, say experts

Carbon Pulse - Sat, 2024-02-10 01:52
The recent long-term liquefied natural gas (LNG) supply deal between QatarEnergy and India’s Petronet will increase the South Asian nation’s dependence on fossil fuel imports, though it will help India ensure its energy security, according to experts.
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Ghana on collision course with UN as it presses ahead with cookstoves emissions calculation

Carbon Pulse - Sat, 2024-02-10 01:43
Ghana will press ahead with its own calculation for crediting emissions reductions from cookstoves projects by the end of the second quarter, the African country revealed this week, in a move that could clash with UN plans to create a global carbon standard for the thorny issue.
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GBF Fund lays groundwork for nature funding applications

Carbon Pulse - Sat, 2024-02-10 01:39
The Global Biodiversity Framework Fund (GBFF) Council has set out the rules for allocating resources to nature conservation projects, taking a major step forward in enabling the fund to run in full swing.
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Several voluntary carbon programmes “very close” to CORSIA Phase 1 eligibility, says UN aviation body

Carbon Pulse - Sat, 2024-02-10 01:16
Some voluntary carbon programmes are "very close" to being approved by the UN's aviation body ICAO for the first phase of its CORSIA international offsetting scheme, the chair of a technical body said on Friday.
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US climate scientist Michael Mann wins $1m in defamation lawsuit

The Guardian - Fri, 2024-02-09 23:44

Scientist wins award against conservative writers who said his work was ‘fraudulent’ and that he ‘molested and tortured’ data

The high-profile climate scientist Michael Mann has been awarded $1m by a jury in a defamation lawsuit against two conservative writers who compared his depictions of global heating to the work of a convicted child molester.

The case stretches back 12 years. In a statement posted on Mann’s X account, one of his lawyers said: “Today’s verdict vindicates Mike Mann’s good name and reputation. It also is a big victory for truth and scientists everywhere who dedicate their lives answering vital scientific questions impacting human health and the planet.”

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INTERVIEW: New marketplace quantifies social impact to support growing ESG goals

Carbon Pulse - Fri, 2024-02-09 22:54
A new venture looking to quantify social impact using a similar model to the voluntary carbon market says that placing an economic value on positive social outcomes would help companies identify the best projects and accurately report their environmental impact.
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IUCN’s Red List of Ecosystems key to supporting GBF, study says

Carbon Pulse - Fri, 2024-02-09 22:51
The IUCN Red List of Ecosystems can play a critical role in monitoring the progress of biodiversity conservation and restoration as it addresses 16 of the 23 Global Biodiversity Framework (GBF) targets, a new study has shown.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-02-09 22:14
European carbon allowances broke below a key psychological barrier on Friday morning, setting a new 23-month low as sellers grew in confidence in the face of minimal price support, while a growing number of participants highlighted the price from March 2022 as the next major target to the downside.
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London council rips out playgrounds to build houses – then runs out of cash

The Guardian - Fri, 2024-02-09 22:06

Experts say boarded-up communal space illustrates crisis in social housing funding and need to protect play areas

Families in south London say their children have stopped playing outside after communal spaces and playgrounds were ripped out to make room for new homes and then left boarded up when Southwark council ran out of money.

The council began tearing down large parts of the Bells Gardens and Lindley estates in Peckham last August but abandoned the build in January due to a funding crisis driven by rising interest rates. All that remains of the previous play area is a small pitch surrounded by hoardings and out of sight of the flats.

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The world is reducing its reliance on fossil fuels – except for in three key sectors

The Guardian - Fri, 2024-02-09 22:00

Dramatic changes in energy industry and EVs reducing fossil fuel use, but shipping, aviation and industry a long way from net zero

Humanity has made some uneven progress in reducing our addiction to fossil fuels – but there remain three areas of our lives in which we are notably not on track to kick the habit over the next 30 years, according to a new analysis.

Record levels of investment in clean energy (solar has been called the cheapest source of electricity in history by the International Energy Agency) and a decline in coal-powered generation means less and less of the world’s power will come from fossil fuels between now and 2050, the analysis from Rhodium shows.

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Ex-Blackrock executive prepares land-focused natural capital strategy at food investor

Carbon Pulse - Fri, 2024-02-09 21:22
Sustainable food and agriculture investment firm Cibus Capital is preparing to launch a natural capital strategy to restore degraded land led by an ex-Blackrock Alternatives executive.
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Major steel producer to scale carbon capture and utilisation pilot

Carbon Pulse - Fri, 2024-02-09 19:28
A steelmaking venture is working to reduce its CO2 emissions via a novel carbon capture and utilisation tech, and plans a huge ramp-up in scale of its pilot after receiving fresh government funding.
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French advertising company to spend €20 mln on voluntary carbon credits

Carbon Pulse - Fri, 2024-02-09 19:13
A large French advertising firm has pledged to spend €20 million for the delivery of voluntary carbon credits over fifteen years to offset its "unavoidable" emissions, in annual results this week.
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The week in wildlife – in pictures: a crafty hippo, golf course monkeys and a sunbathing manatee

The Guardian - Fri, 2024-02-09 18:00

The best of this week’s wildlife photographs from around the world

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Asthma emergency admissions plunged as lockdown improved air, Oxford study finds

The Guardian - Fri, 2024-02-09 16:00

First study to tally asthma exacerbations with air pollution during pandemic finds numbers admitted to A&E fell 41% in 2020

A new study in Oxford has found that emergency hospital admissions for asthma dropped by 41% in 2020 as air pollution from traffic fell due to Covid restrictions.

Dr Suzanne Bartington from the University of Birmingham, who led the Oxford study, said: “The Covid-19 pandemic led to a unique opportunity where we could study the impacts of rapid changes in human activities on air quality.”

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