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Including OECMs in Australia’s biodiversity targets could lead to “perverse outcomes”, study says

Carbon Pulse - Sat, 2024-04-13 00:24
Australia's plan to rely on Other Effective area-based Conservation Measures (OECMs) to meet its biodiversity protection targets could have troubling implications, a paper has said, as the government mulls making these areas eligible for biodiversity crediting.
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German banks’ interest in nature is growing but still not sufficient, PwC analysis says

Carbon Pulse - Fri, 2024-04-12 23:53
Financial institutions in Germany are increasingly taking nature into account in their strategic plans, though commitments are still in the very early stages, analysis has shown.
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Dominican Republic formally commits to protecting 30% of waters

Carbon Pulse - Fri, 2024-04-12 23:50
The Dominican Republic has formally committed to protecting at least 30% of its waters, fulfilling part of its commitment under the Kunming-Montreal Global Biodiversity Framework (GBF).
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Argentina removes all mention of ETS, carbon emissions, renewables from ‘Omnibus Law’

Carbon Pulse - Fri, 2024-04-12 23:09
The Milei administration in Argentina has removed details on carbon emissions, renewable energy, and a proposed ETS from its far-reaching ‘Omnibus Law’, in the latest episode of the reform bill saga, which began in late December.
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France latest to join global pro-carbon pricing alliance

Carbon Pulse - Fri, 2024-04-12 22:51
France has become the latest country to join a group of nations pledging to expand carbon pricing mechanisms around the world, its government announced on Friday.
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EU nations give final nod to energy-efficiency law for buildings

Carbon Pulse - Fri, 2024-04-12 22:47
The Council of EU member states gave the final go-ahead on Friday (April 12) to a new EU directive aimed at reducing the energy consumption of buildings, in an attempt to decarbonise the sector before it enters the EU's Emissions Trading System (ETS) in 2027.
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Indian states approve 500 land areas for involvement in controversial green credit scheme

Carbon Pulse - Fri, 2024-04-12 21:29
Ten Indian states have approved over 500 plots of degraded forest lands for inclusion in the government's Green Credit Programme despite experts and environmentalists objecting the scheme rules could have devastating impact on ecosystems.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-04-12 21:21
European carbon prices rose to their highest in three months on Friday morning, extending Thursday's 8% gain, as short-covering continued to drive the market, while also helping boost energy prices to their strongest in more than two months.
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INTERVIEW: Meet the Pirate lawmaker fighting for the world’s first carbon removal Bill of Rights

Carbon Pulse - Fri, 2024-04-12 20:38
A lawmaker from the libertarian Pirate Party in tiny Luxembourg is fighting to have a groundbreaking regulation approved that would be the first in the world to provide an incentive scheme for carbon removal (CDR) technologies. 
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TNFD, GRI announce closer nature and biodiversity reporting collaboration

Carbon Pulse - Fri, 2024-04-12 20:19
The Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Reporting Initiative (GRI) have announced they are tightening their collaboration to better support corporate nature and biodiversity reporting.
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CN Markets: CEA price retreats from all-time high, liquidity improves

Carbon Pulse - Fri, 2024-04-12 20:13
Chinese carbon allowances have retreated from the all-time highs seen in previous weeks with healthier trading volumes,  but remain well above the 80 yuan ($11.05) threshold amid continued optimism for the market.
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World’s soils losing a billion tonnes of inorganic carbon every year, study finds

Carbon Pulse - Fri, 2024-04-12 19:44
Environmental degradation means some 1 billion tonnes of soil inorganic carbon (SIC) every year leaks into inland waters, with countries like China and India particularly affected, a group of researchers has found.
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Brightest-ever explosion's mystery of missing gold

BBC - Fri, 2024-04-12 19:00
The brightest burst of light ever recorded was caused by a supernova, but that prompts new questions.
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Top German steelmaker to cut production citing energy costs, climate policies

Carbon Pulse - Fri, 2024-04-12 18:44
Germany’s largest steelmaker has announced plans to reduce output by around 20% because of consistent high energy costs "owing to climate policy objectives" and pressure from Asian competitors, the company’s executive board said Thursday evening.
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Open source tools key to boost corporate reporting, EU biodiversity boss says

Carbon Pulse - Fri, 2024-04-12 17:47
Developing free and open-source monitoring tools is crucial as corporates' interest in disclosing their biodiversity footprint is increasing, the director for biodiversity at the European Commission said Thursday.
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Nature funding for Indigenous Peoples and local communities increases 36%

Carbon Pulse - Fri, 2024-04-12 17:43
Donor funding for tenure and forest guardianship by Indigenous Peoples, Afro-descendant Peoples, and local communities increased by a third over the last eight years, though few resources directly reached on-the-ground organisations, a report has found.
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Australia Market Roundup: Capacity Investment Scheme starts in Western Australia seeking 2 GWh of storage, ACCU issuance slumps

Carbon Pulse - Fri, 2024-04-12 16:59
The Australian government is consulting on how to implement its Capacity Investment Scheme (CIS) in Western Australia, as observers react to its Future Made in Australia Act announcement.
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Japan becomes first country to include greener concrete, seaweed beds in emissions inventory report

Carbon Pulse - Fri, 2024-04-12 16:31
Japan in its latest annual emissions inventory report included carbon removals from environmentally friendly concrete products and seaweed beds, the first country to do so, the environment ministry announced Friday.
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Vietnamese scientist eyes coconut carbon credit potential

Carbon Pulse - Fri, 2024-04-12 15:45
Vietnam sees potential in generating carbon credits from its coconuts, with a local study suggesting plantations in one province could absorb anywhere from 1.9-5.8 million tonnes of CO2.
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