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EU’s upcoming Clean Industrial Deal starts to take shape

Carbon Pulse - Wed, 2024-10-02 18:58
Due to be unveiled within 100 days after the new European Commission takes office, the Clean Industrial Deal will focus on five key priorities, and put energy-intensive industries like steel and chemicals in the spotlight, a senior EU official has said.
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Verra’s review process of Southern Cardamom REDD+ project raises independence, structural concerns, says human rights group

Carbon Pulse - Wed, 2024-10-02 18:43
Verra's review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard's environmental and social requirements, according to the human rights group that investigated the activity.
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INTERVIEW: Australian companies can gain competitive advantage by thoroughly reporting against new mandatory climate requirements

Carbon Pulse - Wed, 2024-10-02 18:42
Australian companies are likely to ensure their climate-related reporting is as rigorous as possible as a way to stand out from their competitors, with the new requirements to act as a tailwind for carbon and renewable energy certificate markets, an executive at a market infrastructure provider told Carbon Pulse.
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ARB drops second LCFS 15-day notice near midnight Eastern to minimise market impact

Carbon Pulse - Wed, 2024-10-02 18:34
California regulator ARB slipped a second 15-day package late into the night Tuesday with updates to its Low Carbon Fuel Standard (LCFS) that included an additional feedstock under the contentious crop-based cap, sustainability attestation, and stretched crediting periods for some avoided biomethane projects, among other changes.
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Korean refiner seeks commercialisation of membrane technology in carbon capture process

Carbon Pulse - Wed, 2024-10-02 17:12
One of South Korea's biggest refiners is seeking to commercialise a new membrane technology, as it seeks to tap into the international carbon capture, utilisation, and storage (CCUS) market.
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Floods are wreaking havoc around the world. Vienna might have found an answer | Gernot Wagner

The Guardian - Wed, 2024-10-02 16:00

The Austrian capital has been spared the worst of recent flooding. Its experience could be a lesson in how to tackle the climate crisis

Floods are seemingly unavoidable these days. Florida, North Carolina, Nigeria, Tunisia, Mexico, India, Nepal, Vietnam, Poland and Austria are among the places that have experienced flooding in the last month. Those floods should no longer come as much of a surprise. Climate change leads to more frequent and intense rain almost everywhere on the planet, and most infrastructure, from roads and bridges to canals and hydroelectric dams, is simply not built to withstand such extremes.

That’s where Vienna stands out. The floods that have deluged central Europe over the past two weeks caused plenty of disruptions in Lower Austria, including to a newly built train station meant to connect the burgeoning suburbs to the city. But aside from some disruption to Vienna’s otherwise well-functioning subway system, Viennese homes were largely spared. Why? It’s not because Vienna sits on higher ground than the surrounding areas (by and large it does not). The reason the city escaped the worst of the floods is because of human engineering and political foresight dating back to the 1960s, which emerged in response to earlier floods that devastated parts of the city.

Gernot Wagner is a climate economist at Columbia Business School. He is a member of the scientific advisory board of the Wiener Klimarat, Vienna’s climate council

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ETS, CCS collaboration should be on the table at Starmer-von der Leyen summit -think tank

Carbon Pulse - Wed, 2024-10-02 14:50
A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.
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Investors ask US regulator to block JBS listing over environmental concerns

Carbon Pulse - Wed, 2024-10-02 14:00
Eighteen investors managing $22 billion have co-signed a letter asking the US financial regulator to stop Brazilian meat giant JBS from listing in the US following concerns around transparency, human rights, and deforestation.
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CWNYC24: Regulatory uncertainty dominates North American compliance markets

Carbon Pulse - Wed, 2024-10-02 13:01
Analysts at a roundtable during Climate Week NYC said that the regulatory picture was dominating market movements across North American compliance programmes, with policy uncertainty through 2024 weighing on allowance prices in the secondary market.
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California power emissions drop YoY in August as renewables regain share, natural gas recedes

Carbon Pulse - Wed, 2024-10-02 09:39
California's power sector reversed course in August from the previous two months with emissions dropping year-on-year (YoY), as the share of renewables increased and the role of natural gas decreased.
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INTERVIEW: Biopropane seeks to scale into key component of energy transition

Carbon Pulse - Wed, 2024-10-02 09:37
Renewable propane, an often overlooked fuel in the energy transition push, has the potential to be a small but key component in helping to scale up renewable fuel supplies while decarbonising an array of end-uses, and one company says it's working to prove that point.
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Alberta TIER September spot prices fall to lowest in two years as illiquidity dampens market

Carbon Pulse - Wed, 2024-10-02 09:35
The Alberta Technology Innovation and Emission Reduction (TIER) programme recorded its lowest spot prices in the past two years, attributed to policy uncertainty, according to a report published Tuesday, while worries of forthcoming credit oversupply also shroud the outlook, market observers said.
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The biodiversity jukebox: how sound can boost beneficial soil microbes to heal nature

The Conversation - Wed, 2024-10-02 09:28
Imagine using tailored soundscapes to restore ecosystems, simply by amplifying recordings of sonic cues that attract wildlife, stimulate plant growth and rebuild relationships between species. Jake M Robinson, Ecologist and Researcher, Flinders University Martin Breed, Associate Professor in Biology, Flinders University Licensed as Creative Commons – attribution, no derivatives.
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San Francisco sees hottest day of 2024 as heatwave scorches US south-west

The Guardian - Wed, 2024-10-02 09:16

Excessive heat warnings bring elevated wildfire risk, potential for power outages and rising death toll

San Francisco recorded its hottest day of the year on Tuesday, and Phoenix set a record for the hottest 1 October on record, as the National Weather Service predicted record-high fall temperatures across the south-western US.

With temperatures hitting 100F (38C) or higher in many places, officials and local media outlets issued warnings that the heat posed “a significant threat to property or life”. Excessive heat warnings were in place across the region, bringing with it warnings about elevated wildfire risk, the potential for sweeping power outages in California and a rising toll of heat-related deaths, a particularly deadly risk for unhoused people and the elderly.

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