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Brazilian bank opens auction for 1 mln Kyoto-era carbon credits through World Bank programme

Carbon Pulse - Tue, 2024-05-28 08:48
A state-owned Brazilian financial institution is accepting bids for 1 million Certified Emissions Reductions (CERs) generated through a waste handling programme launched in 2012 with the support of the World Bank.
Categories: Around The Web

US CO2 pipeline developer accused of ignoring North Dakota landowners in ongoing permit hearing

Carbon Pulse - Tue, 2024-05-28 08:45
A CO2 pipeline developer was accused of a lack of communication from landowners during a North Dakota Public Service Commission (PSC) hearing Friday, in its second attempt to secure construction permits, local media reported.
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Environmental groups recommend social safeguards for Colombian REDD+ projects

Carbon Pulse - Tue, 2024-05-28 08:42
A group of environmental NGOs outlined a set of policy recommendations for stakeholders and governance bodies in the safe and equitable implementation of REDD+ projects in Colombia’s voluntary carbon market (VCM).
Categories: Around The Web

Buried kelp: seaweed carried to the deep sea stores more carbon than we thought

The Conversation - Tue, 2024-05-28 06:10
Underwater rivers ferry large volumes of seaweed from shallow seas into the deep, where its carbon is stored naturally Albert Pessarrodona Silvestre, Research Fellow in Ecology, The University of Western Australia Karen Filbee-Dexter, ARC Future Fellow in Marine Ecology, The University of Western Australia Mirjam van der Mheen, Research fellow, Oceanography, The University of Western Australia Thomas Wernberg, Professor of Marine Botany, The University of Western Australia Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Supporters, critics of EPA heavy-duty vehicle rules take action in court

Carbon Pulse - Tue, 2024-05-28 03:41
Over 20 states and a major auto manufacturer separately filed motions to intervene in a lawsuit against the US Environmental Protection Agency’s (EPA) heavy-duty vehicle emissions standards.
Categories: Around The Web

Singapore strikes deal with Ghana to trade Article 6 carbon credits

Carbon Pulse - Tue, 2024-05-28 03:33
Singapore and Ghana, two forerunners in developing Article 6 trade, have struck a deal that will see sovereign carbon credits from the West African country flow into the Asian island-state.
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PREVIEW: South African elections see parties resist coal phaseout as development takes centre stage

Carbon Pulse - Tue, 2024-05-28 01:29
South African voters head to the polls Wednesday amid energy shortages, a proposed carbon tax hike, and incoming international carbon tariffs, with the country’s three biggest parties open to adding new energies to the national mix but resistant to transitioning away from coal.
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Greek shippers to face €1 bln European carbon bill, say analysts

Carbon Pulse - Tue, 2024-05-28 01:22
Shipping firms based in Greece face EU ETS costs of €335 million this year, rising to €1 billion once the sector is fully integrated in the bloc's carbon market, analysts said.
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EU to be lenient with CBAM penalties during early phase, official says

Carbon Pulse - Tue, 2024-05-28 01:18
The EU will not be too strict with companies during the transitional phase of CBAM and is looking into a possible WTO-compatible solution to promote exports of less carbon-intensive products made in Europe, a senior European Commission official told Carbon Pulse.
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Some of the biggest NSW waste companies broke rules meant to keep contamination out of landscaping products

The Guardian - Tue, 2024-05-28 01:00

Exclusive: Facilities owned by Bingo Industries and Aussie Skips Recycling among more than 20 named in NSW parliament for breaching regulations

Some of the best-known waste companies in New South Wales are among those that broke safety rules that led to potentially contaminated soil fill being supplied to backyard landscapers, schools, childcare centres and parks across the state.

As part of an investigation into soil contamination, Guardian Australia can reveal that Bingo Industries, Aussie Skips Recycling, Benedict Recycling and KLF Holdings breached state regulations for testing a type of cheap soil made from recycled construction and demolition waste.

Companies found in the 2019 investigation to have asked private laboratories to keep retesting samples when they exceeded contaminant thresholds were: Bingo Industries in Auburn, four Benedict Recycling facilities in Sydney, Breen Resources in Kurnell, South Coast Equipment Recycling at Warrawong, Hi-Quality Waste Management at St Marys and Brandown Pty Ltd at Cecil Park. The 2013 investigation also found two Benedict Recycling facilities were retesting samples.

Twenty-one facilities were found in the 2019 investigation not to have been meeting EPA sampling rules such as the frequency with which samples should be collected and tested and what they were tested for: eight sites owned by Bingo Industries, four owned by Benedict Industries and one each by Aussie Skips Recycling, KLF Holdings, Breen Resources, Brandown, Hi-Quality Waste Management, Budget Waste Recycling, Rock & Dirt Recycling, South Coast Equipment Recycling and Builders Recycling Operations. Aussie Skips Recycling and Hi-Quality Waste Management were also among 11 facilities found in 2013 to be breaching testing rules.

Following the 2019 investigation, the EPA issued prevention notices to six facilities after it detected asbestos in their recovered fines. In at least two instances the product had already been removed for use in the community.

In one case identified in the 2019 EPA investigation, 16 tonnes of asbestos-contaminated soil produced by KLF Holdings was supplied to an apartment complex in Bankstown, and the regulator was forced to order a clean-up.

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Categories: Around The Web

On Australia’s climate and extinction crises, the major parties both have questions to answer | Present Tense

The Guardian - Tue, 2024-05-28 01:00

The Coalition has no climate policy. But Labor’s positions are undermined by its confused stance on gas and the delay of new environmental laws

Federal parliament is back for the next fortnight and I have a wishlist. Not for things that will happen – let’s not get ahead of ourselves – but for questions that could be addressed if the country is to treat the climate and extinction crises as seriously as our leaders claim they do.

There is no shortage of discussion about nuclear energy due to the Coalition’s much-hyped but yet-to-appear plan to overturn a national ban and bring it to Australia. The issue won plenty of attention after a CSIRO-led assessment that it would be far, far more expensive than wind and solar backed by energy storage and new transmission lines.

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Categories: Around The Web

VCM Report: Early voluntary carbon summer doldrums brightened by high bids for Article 6, some nature credits

Carbon Pulse - Tue, 2024-05-28 00:14
The summer doldrums has arrived early in the voluntary carbon sector this year after another week of generally thin liquidity and sideway pricing, but pockets of high-priced trades for nature-based credits and early interest in Article 6-eligible units propped up optimism for the future.
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Energy transition leapt ahead in Europe over last five years, fresh data shows

Carbon Pulse - Mon, 2024-05-27 23:06
The energy transition has massively expanded during the five-year term of European Commission President Ursula von der Leyen, with the share of renewables in the EU's electricity sector jumping to 44% and investments in clean technologies more than tripling, according to fresh data published on Monday.
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Non-profit drafts recommendations for enhancing Africa’s biodiversity credit markets

Carbon Pulse - Mon, 2024-05-27 23:02
A Swiss-headquartered non-profit has released a set of recommendations to bolster Africa’s biodiversity credit markets, including setting minimum price floors for units and establishing an independent body tasked with determining project outcomes.
Categories: Around The Web

UK national park launches country’s first voluntary biodiversity credit scheme

Carbon Pulse - Mon, 2024-05-27 22:58
The South Downs has become the first national park in the UK to establish a formal scheme for a voluntary biodiversity credit market, aiming to scale up private investments in nature recovery.
Categories: Around The Web

New voluntary carbon credit platform announced in Iraq

Carbon Pulse - Mon, 2024-05-27 22:30
A US-based global environmental asset authenticator, registry, and exchange announced its first Middle Eastern franchise in Iraq in partnership with the Iraqi branch of a Canadian carbon and energy advisory firm.
Categories: Around The Web

Declining biodiversity and increasing carbon caught in vicious loop, report says

Carbon Pulse - Mon, 2024-05-27 21:28
Declining biodiversity will hit stored carbon stocks given an ecosystem’s ability to keep carbon out of the air is linked to its biological diversity, a paper published last week has found.
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Euro Markets: Midday update

Carbon Pulse - Mon, 2024-05-27 21:12
European carbon prices rebounded on thin liquidity on Monday with strong German power and TTF gas movements feeding strength into the market, and tight auction supply this week also offering support.
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Malaysia launches non-market instrument to drive forestry funding

Carbon Pulse - Mon, 2024-05-27 21:03
A Malaysian federal agency has launched a non-market instrument under its REDD+ programme to channel private sector funds for supporting forest conservation projects in the country.
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