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UK authority thinks cap on emission allowances will have to fall as removals are integrated

Carbon Pulse - Sat, 2024-08-10 01:26
The UK's cap on emission allowances in the market will need to decline over the longer term to make room for new greenhouse gas removals allowances while keeping the country on track for net zero by 2050, according to the ETS Authority.
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International panel releases biodiversity credit supply survey results

Carbon Pulse - Sat, 2024-08-10 01:19
A UK-France led international panel said a survey on the supply of biodiversity credit projects found a need for access for finance at all stages, technical capacity, and tenure rights to help scale the market, in results published on Friday.
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Aircraft operators fined almost £700,000 for failing to surrender UK ETS allowances

Carbon Pulse - Sat, 2024-08-10 01:03
Aircraft operators, including a number of private jet companies, have been fined around £700,000 in civil penalties for failing to surrender UK ETS allowances for the first year it was established, according to data published by the UK government.
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Carbon removals company seeks permit for potential US DAC site

Carbon Pulse - Sat, 2024-08-10 00:04
A US-based carbon removals company has filed a permit application to develop what it claims could become the world’s largest direct air capture (DAC) facility.
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Carbon capture company announces Series A funding to advance proprietary technology

Carbon Pulse - Fri, 2024-08-09 23:05
A carbon capture technology provider has announced the initial closing of its Series A funding.
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Brazilian startup rebrands, announces move away from Africa and consultancy

Carbon Pulse - Fri, 2024-08-09 22:56
A carbon project developer is rebranding and shifting its focus to climate finance in Latin America, and away from Africa and project development consulting services.
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BRIEFING: Spain’s leftist climate champion, Teresa Ribera, eyes top Brussels post

Carbon Pulse - Fri, 2024-08-09 22:54
Spain's socialist ecological transition minister, Teresa Ribera, a long-time political standout on climate action, may be set to surge to a top job in Brussels overseeing EU climate policies over a period that could largely determine the bloc's ability to fulfil its promises without damaging its economy.
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Are some of your household products killing insects and wildlife?

The Guardian - Fri, 2024-08-09 22:00

Flea treatments for dogs, ant killer, washing-up liquid and herbicides may be partly to blame for decline in UK

Insect numbers are in freefall and most people know that pesticide use in agriculture is partly to blame.

But many domestic products including flea treatments for dogs, ant killer applications, washing-up liquid and herbicides can also contribute to the problem.

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US landfills are major source of toxic PFAS pollution, study finds

The Guardian - Fri, 2024-08-09 22:00

New research shows toxic ‘forever chemicals’ gas may escape landfills and threaten the environment

Toxic PFAS “forever chemicals” that leach from landfills into groundwater are among the major pollution sources in the US, and remain a problem for which officials have yet to find an effective solution.

Now new research has identified another route in which PFAS may escape landfills and threaten the environment at even higher levels: the air.

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Excess memes and ‘reply all’ emails are bad for climate, researcher warns

The Guardian - Fri, 2024-08-09 21:47

Most data stored on power-hungry servers is used once then never looked at again

When “I can has cheezburger?” became one of the first internet memes to blow our minds, it’s unlikely that anyone worried about how much energy it would use up.

But research has now found that the vast majority of data stored in the cloud is “dark data”, meaning it is used once then never visited again. That means that all the memes and jokes and films that we love to share with friends and family – from “All your base are belong to us”, through Ryan Gosling saying “Hey Girl”, to Tim Walz with a piglet – are out there somewhere, sitting in a datacentre, using up energy. By 2030, the National Grid anticipates that datacentres will account for just under 6% of the UK’s total electricity consumption, so tackling junk data is an important part of tackling the climate crisis.

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More indicators needed for measuring progress on GBF species target -paper

Carbon Pulse - Fri, 2024-08-09 21:35
More appropriate indicators are needed to measure progress towards the species target of the Kunming-Montreal Global Biodiversity Framework (GBF) beyond the Red List, an academic paper said on Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-08-09 21:08
European carbon prices traded rangebound on Friday morning, initially following TTF gas higher amid supply concerns due to geopolitical uncertainty, before easing back, as they moved on course for a thin 1% weekly gain.
Categories: Around The Web

CN Markets: CEA price remains rangebound, weekly trading volume picks up

Carbon Pulse - Fri, 2024-08-09 20:59
CO2 allowance prices in China’s carbon market remained rangebound over the past week amid improved liquidity, though participants expect a pick-up in trading activity as the compliance deadline is approaching.
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Bog ugly, but totally magnificent: peatlands are finally getting the respect they deserve | Sophie Yeo

The Guardian - Fri, 2024-08-09 20:00

Scotland’s Flow Country is the first peatland to become a world heritage site. It’s time we cherished these biodiverse landscapes

For centuries, peatlands have had a bad reputation. Possessing neither the majesty of the mountains nor the pastoral beauty of a meadow, they have been tarred as dangerous, ugly and useless. Travellers have long feared being swallowed into their murky depths: “If his foot slip … it is possible he may never more be heard of,” wrote the cleric William Gilpin in 1772, expressing a common sentiment at the time.

But now the image of this ecosystem is finally on the mend. Unesco has inscribed the Flow Country as a world heritage site – the first peatland to make the list. From now on, this 190,000-hectare (470,000-acre) expanse of the Scottish Highlands will sit alongside the Great Barrier Reef and the primaeval forests of the Carpathians as a landscape of international significance.

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China national ETS on track towards tighter supply, analysts find

Carbon Pulse - Fri, 2024-08-09 19:23
China's national emissions market will likely see tight supply-demand dynamics around the end of this decade, given a downward trend in the cumulative balance, according to analysis released this week.
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Brazil’s Para state discusses strategies to include family farming in J-REDD carbon programmes

Carbon Pulse - Fri, 2024-08-09 19:03
The government of Para discussed this week ways to include family farming in the development of jurisdictional REDD+ (J-REDD+) systems in the Brazilian state, according to Agencia Para, the state’s official news agency.
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INTERVIEW: UK-based company harnesses AI to discover green materials

Carbon Pulse - Fri, 2024-08-09 17:09
A London-headquartered startup at the intersection of AI and chemistry is hoping to speed up the discovery, reduce the costs, and successfully scale new green materials, driving climate breakthroughs in areas ranging from carbon removal to sustainable aviation fuel (SAF) and low-impact mining.
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Week in wildlife – in pictures: a soggy robin, a breaching whale and a coyote on the hunt

The Guardian - Fri, 2024-08-09 17:00

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

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Japanese offset project developer raises $2.4 mln in first close of Series A round

Carbon Pulse - Fri, 2024-08-09 16:58
A Japanese carbon offset project developer has raised 350 million yen ($2.38 mln) in the first close of its Series A round.
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Indonesia to host second AZEC ministers’ meeting, flags fossil fuel heavy list of decarbonisation MoUs

Carbon Pulse - Fri, 2024-08-09 16:58
Indonesia is hosting the second Asian Zero Emission Community (AZEC) ministerial meeting on Aug. 20-21 in current capital Jakarta, and on Friday released a list of around 20 out of a total 70 decarbonisation projects set to be announced at the event.
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