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Banks, fund managers disconnected from Scope 3 emissions when making investment decisions, survey finds

Carbon Pulse - Mon, 2024-02-05 17:06
Shareholders are prone to overlooking the Scope 3 emissions of their investment decisions, and are more concerned by regulatory and reputational risks than the climate impacts of those decisions, according to a report published Monday.
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Labor’s fuel efficiency standards mean all new cars could be EVs by 2035, industry group says

The Guardian - Mon, 2024-02-05 16:44

Experts say Albanese government plan should provide a greater choice of electric cars but Coalition calls savings claims a ‘lie’

Suppliers of electric vehicles are the big winners from the Albanese government’s fuel efficiency standards with one industry group saying half of all new cars will be electric by 2029 and 100% by 2035 on the proposed trajectory.

The energy minister, Chris Bowen, and infrastructure minister, Catherine King, released the details of the plan for consultation on Sunday, saying motorists would potentially save $1,000 a year by 2028 as manufacturers brought in more efficient models.

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Categories: Around The Web

China announces long-awaited regulations to underpin national ETS

Carbon Pulse - Mon, 2024-02-05 15:13
China on Sunday published fundamental regulations that support trading in the national emissions market, with new rules set to be effective from May 1.
Categories: Around The Web

Australia, South Korea agree to work on cross-border CCS projects

Carbon Pulse - Mon, 2024-02-05 13:13
South Korea and Australia have agreed to cooperate on cross-border projects for carbon capture and storage (CCS).
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New atom-smasher could spark physics revolution

BBC - Mon, 2024-02-05 10:41
Researchers want a new, much bigger supercollider but is it worth us paying the £17bn price tag?
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Italy’s Eni signs CCUS, offsetting MoU with Indonesia, details massive fossil fuel production expansion plans

Carbon Pulse - Mon, 2024-02-05 10:16
Italian oil and gas producer Eni has signed an MoU with the Indonesian government to explore CCUS and carbon offsetting opportunities, while at the same time ramping up its hydrocarbon developments in the country.
Categories: Around The Web

Australia unveils crediting mechanism to slash new vehicle emissions

Carbon Pulse - Mon, 2024-02-05 10:03
The Australian government has released a New Vehicle Efficiency Standard (NVES) that will include a crediting mechanism for automakers, in a bid to cut carbon emissions from the transport sector by 369 MtCO2e by 2050.  
Categories: Around The Web

Solid-state batteries: inside the race to transform the science of electric vehicles

The Guardian - Sun, 2024-02-04 09:00

They promise more energy and a vastly improved range for EV drivers. But can they deliver on the hype?

Working in the dry room at Deakin University’s Battery Research and Innovation Hub is no day at the beach.

“[It’s] more desert than beach,” says its general manager, Dr Timothy Khoo. “At the beach, you at least still get the moisture coming in.”

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Washington lowers Q1 cap-and-invest auction volumes, updates 2024 schedule

Carbon Pulse - Sun, 2024-02-04 06:27
Washington's Department of Ecology (ECY) released Friday an updated Q1 auction notice offering fewer allowances than previously announced, while also revealing the full number of current and future vintage permits available at quarterly auctions for the rest of 2024.
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‘Incredibly rare’ discovery reveals bedbugs came to Britain with the Romans

The Guardian - Sat, 2024-02-03 21:00

Archaeologists find remains of insects that ‘hitchhiked’ here nearly 2,000 years ago

From plumbing to public baths, the Romans left their mark on Britain’s health. But it may not have all been positive. Archaeologists working at Vindolanda, a Roman garrison site south of Hadrian’s Wall in Northumberland, have unearthed fresh evidence that the Romans also brought us ... bedbugs.

Dr Andrew Birley, who heads the Vindolanda archaeological team, said: “It is incredibly rare to find them in any ancient context.”

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German billionaire sets up $1.5-bln nature fund

Carbon Pulse - Sat, 2024-02-03 12:17
A German fintech billionaire has set up a $1.5-billion nature conservation fund through his family office to combat the mass extinction of species and help meet the Global Biodiversity Framework target of protecting 30% of the world’s land and oceans by 2030.
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CP Daily: Friday February 2, 2024

Carbon Pulse - Sat, 2024-02-03 10:04
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Robot plane to map mysteries of wild Antarctica

BBC - Sat, 2024-02-03 10:03
The British Antarctic Survey hope the new technology will change what we know about global warming.
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Speculators increase North American carbon holdings, naturals lock in CCA price gains

Carbon Pulse - Sat, 2024-02-03 09:04
Regulated entities had the largest weekly reduction in California Carbon Allowance (CCA) net length in almost a year, locking in record high prices in RGGI as well, while speculators increased net length across North American carbon markets over the Jan. 24-30 period, data published by the US Commodities Futures Trading Commission (CFTC) Friday showed.
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INTERVIEW: Researcher details shortcomings of California’s LCFS scheme in crediting avoided methane

Carbon Pulse - Sat, 2024-02-03 07:29
Research by a US environmental NGO found that producers of factory farm biogas earning credits from California's Low Carbon Fuel Standard (LCFS) programme were piping gas from digester projects that continued to release methane plumes up to 1,700 kilograms per hour.
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Canadian provincial pension manager creates C$1 bln fund focused on energy transition

Carbon Pulse - Sat, 2024-02-03 06:54
A large Canadian pension manager launched Thursday a C$1 billion ($785 million) fund investing in industrial decarbonisation, renewable fuels, electrification, as well as energy storage and efficiency, among other energy transition themes.
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