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Proposed carbon levy estimated to have limited impact on Taiwan’s economy, ministry says

Carbon Pulse - Mon, 2024-07-08 18:19
Imposing a carbon levy on domestic emitters will likely have limited impact on Taiwan's overall economy, though it remains unclear whether the island will be able to launch its carbon pricing programme next year as planned, according to government meeting documents.
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Nordic cohort to develop biodiversity credit methodology for the offshore wind sector in the Baltic Sea

Carbon Pulse - Mon, 2024-07-08 17:21
A group of Nordic companies and research institutes have banded together to launch a project aimed at developing a biodiversity credit methodology for the offshore wind sector in the Baltic Sea.
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BRIEFING: Japan using its glut of gas to spread influence in Southeast Asia at the expense of the climate, critics say

Carbon Pulse - Mon, 2024-07-08 15:39
Japan is using its excess volumes of LNG to shape, and in many ways slow down, the energy transition in Southeast Asia, by financing gas infrastructure abroad and promoting transboundary CO2 markets as a decarbonisation solution that critics say is yet-to-be-proven and unrealistic. 
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Australian carbon aggregator, project developer lays off staff

Carbon Pulse - Mon, 2024-07-08 14:51
An Australian carbon credit provider has gone through a round of redundancies as part of an organisational restructure, Carbon Pulse has learned.
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The latest crocodile attack is tragic – but the Northern Territory doesn’t have a croc problem

The Conversation - Mon, 2024-07-08 14:02
Fatal crocodile attacks are extraordinarily rare in Australia – and there is no evidence to suggest their numbers are too high. Brandon Michael Sideleau, PhD student studying human-saltwater crocodile conflict, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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UAE fintech partners with Sri Lankan developer to deliver biodiversity, oxygen credits next month

Carbon Pulse - Mon, 2024-07-08 13:28
A Dubai-headquartered fintech firm has teamed up with a Sri Lanka-based project developer to generate and issue biodiversity and oxygen credits within a pilot restoration project in the Belipola private forest.
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Temperatures 1.5C above pre-industrial era average for 12 months, data shows

The Guardian - Mon, 2024-07-08 12:00

Copernicus Climate Change Service says results a ‘large and continuing shift’ in the climate

The world has baked for 12 consecutive months in temperatures 1.5C (2.7F) greater than their average before the fossil fuel era, new data shows.

Temperatures between July 2023 and June 2024 were the highest on record, scientists found, creating a year-long stretch in which the Earth was 1.64C hotter than in preindustrial times.

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UN explores repurposing CDM-based online offset platform for Paris era

Carbon Pulse - Mon, 2024-07-08 10:57
The UNFCCC is considering repurposing its voluntary offset platform, which is supplied by Kyoto-era credits, in order to support the new carbon credit generation mechanism under the Paris Agreement.
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Biden administration targetting December for draft US EPA rules on existing natural gas facilities

Carbon Pulse - Mon, 2024-07-08 10:09
US President Joe Biden's administration is targeting the end of the year for the issuance of highly anticipated draft emissions standards for existing natural gas-fired power plants, according to a biannual regulatory agenda published late Friday that also provided expected timelines on a litany of other planned environmental regulations.
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Motorcyclist dies from heat exposure in Death Valley as temperature reaches 128F

The Guardian - Mon, 2024-07-08 09:35

Another visitor in same motorcycle group hospitalized for ‘severe heat illness’ as other four members treated at scene

A visitor to Death Valley national park died Sunday from heat exposure and another person was hospitalized as the temperature reached 128F (53.3C) in eastern California, officials said.

The two visitors were part of a group of six motorcyclists riding through the Badwater Basin area amid scorching weather, the park said.

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Without a massive grid upgrade, the Coalition’s nuclear plan faces a high-voltage hurdle

The Conversation - Mon, 2024-07-08 06:13
Keeping the lights on in Australia is not an easy task – and adding nuclear to the mix would add new complications. Asma Aziz, Senior Lecturer in Power Engineering, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.
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International prop trading firm sees European, Asian carbon desks emptied

Carbon Pulse - Sat, 2024-07-06 08:52
An international proprietary trading firm has seen its European and Asian carbon desks emptied, Carbon Pulse has learned.
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