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CN Markets: CEAs extend all-time high, weekly trading volume surges

Carbon Pulse - 2 hours 19 min ago
Prices in China’s national emissions market hit a fresh all-time high again the past week while trading volume surged, buoyed by growing compliance demand, though a newly introduced carryover policy may complicate the price growth outlook.
Categories: Around The Web

Climate spending rift precipitated German govt fall, says Scholz

Carbon Pulse - 2 hours 23 min ago
Opposing views on climate, and the need to ramp up spending on defence and clean energy in the wake of Donald Trump’s election in the US, all played a part in the fall of the German government coalition, Chancellor Olaf Scholz has said.
Categories: Around The Web

BRIEFING: EU’s CBAM brings uncertainty to Chinese exporters, despite planned carbon market expansion

Carbon Pulse - 3 hours 20 min ago
The emergence of carbon border adjustment mechanisms (CBAM) has created a heightened sense of uncertainty among Chinese exporters, despite China's recent policy progress in expanding its mandatory carbon market, analysts said this week.
Categories: Around The Web

Carbon credit financier goes public with $43-mln boost following merger

Carbon Pulse - 4 hours 5 min ago
A Vancouver-based carbon credits project developer has completed its business combination with a ‘blank cheque’ company, securing an additional $43 million to go public on the US stock exchange.
Categories: Around The Web

DATA DIVE: October sees big jump in retirements of CCP-tagged carbon credits as market awaits next ICVCM decision

Carbon Pulse - 5 hours 16 min ago
October saw a big month-on-month jump in the retirement of credits tagged with ICVCM’s Core Carbon Principles (CCPs) high-integrity label, carbon registry data analysed by Carbon Pulse shows.
Categories: Around The Web

Week in wildlife in pictures: a strolling pelican, a venomous newt and a psychedelic swamphen

The Guardian - 5 hours 19 min ago

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

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Categories: Around The Web

COP29 chief exec caught promoting fossil fuel deals

BBC - 7 hours 13 min ago
Undercover filming shows COP29 chief exec discussing new oil and gas projects ahead of climate summit.
Categories: Around The Web

Odour of oil and return of Trump hang heavy over Cop29 in Baku

The Guardian - 7 hours 19 min ago

Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance

More than 100 heads of state and government are expected to land in Baku, the capital of Azerbaijan, over the next few days and the first thing they are likely to notice is the smell of oil. The odour hangs heavy in the air, evidence of the abundance of fossil fuels in this small country on the shores of the Caspian Sea.

Flaring from refineries lights up the night sky, and the city is dotted with diminutive “nodding donkey” oil wells raising and lowering their pistons as they draw from the earth. Even the national symbol is a gas flame, epitomised in the shape of three skyscrapers that tower over the city.

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Categories: Around The Web

‘Essential to act now’ to prevent chaotic climate breakdown, warns UN chief

The Guardian - 8 hours 19 min ago

On the eve of Cop29 in Baku, António Guterres says dangers are underestimated as irreversible tipping points near

The world is still underestimating the risk of catastrophic climate breakdown and ecosystem collapse, the UN secretary general has warned in the run-up to Cop29, acknowledging that the rise in global heating is on course to soar past 1.5C (2.7F) over pre-industrial levels in the coming years.

Humanity is approaching potentially irreversible tipping points such as the collapse of the Amazon rainforest and the Greenland ice sheet as global temperatures rise, António Guterres has said, warning that governments are not making the deep cuts to greenhouse gas emissions needed to limit warming to safe levels.

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Categories: Around The Web

10 reasons why US president-elect Donald Trump can’t derail global climate action

The Conversation - 11 hours 19 min ago
Efforts to tackle the climate crisis – both in Australia and globally – are much bigger than one man. Here are ten reasons to remain hopeful. Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Ben Newell, Professor of Cognitive Psychology and Director of the UNSW Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Canadian emissions reductions too slow, overly optimistic, and a far cry from 2030 targets, auditor general says

Carbon Pulse - 12 hours 22 min ago
Just six years remain to reach Canada’s target of 40-45% emissions reductions below 2005 levels, but efforts led by the federal government to reduce emissions face considerable implementation challenges, a report from the Office of the Auditor General (OAG) said Thursday.
Categories: Around The Web

Emissions from private jets climb nearly 50% during 2019-23, study finds

Carbon Pulse - 12 hours 24 min ago
Private jets are contributing an increasingly significant share to global carbon emissions, with emissions rising nearly 50% over the last four years, according to a new study.
Categories: Around The Web

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