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FEATURE: Bulgaria’s coal phaseout faces “irrational opposition” to an “inevitable process”

Carbon Pulse - Thu, 2025-03-13 00:28
Bulgaria’s coal industry is on a path of gradual decline, but while market forces are pushing for an exit, political hesitancy and social concerns are delaying the “inevitable”, experts have told Carbon Pulse.
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Africa’s first regenerative farming project issues Verra certified credits

Carbon Pulse - Thu, 2025-03-13 00:20
A regenerative farming project has become the first to issue credits using Verra’s VM0042 methodology in Africa, according to a statement released Wednesday.
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UPDATE – Net-Zero Banking Alliance looks to loosen climate commitments amid widespread departures

Carbon Pulse - Thu, 2025-03-13 00:20
The world's largest alliance of banks committed to reaching net zero emissions is set to vote on whether to walk back on its promises, following the departure of US banks after President Donald Trump's election, the Financial Times reported.
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Boom in CDR interest risks overshadowing other carbon projects, warns expert

Carbon Pulse - Thu, 2025-03-13 00:15
Growing interest in carbon removal credits in recent months should not come at the expense of investments in avoidance or anti-deforestation activities that also require financing, according to a carbon offsetting specialist.
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Nordics hobbled by EU on Article 6 trade in carbon removal credits -study

Carbon Pulse - Thu, 2025-03-13 00:00
Finland and Sweden have huge potential to generate carbon removal credits using forest-based biomass, but their ability to engage in international trades under Article 6 of the Paris Agreement is currently hampered by limitations in EU law, according to new research.
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Balance of power: why Loch Ness hydro storage schemes are stirring up trouble

The Guardian - Thu, 2025-03-13 00:00

As Scottish energy firms race to meet challenges of storing power, critics fear plans will affect delicate hydrology of loch

Brian Shaw stood at the edge of Loch Ness and pointed to a band of glistening pebbles and damp sand skirting the shore. It seemed as if the tide had gone out.

Overnight, Foyers, a small pumped-storage power station, had recharged itself, drawing up millions of litres of water into a reservoir high up on a hill behind it, ready for release through its turbines to boost the UK’s electricity supply. That led to the surface of Loch Ness, the largest body of freshwater in the UK, falling by 14cm in a matter of hours.

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Green scheme closure a 'shattering blow' to farms, says union

BBC - Wed, 2025-03-12 23:27
The government says it cannot accept any new applications for its key green farming funding scheme.
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US tariffs risk decimating EU steel and aluminium production, industry groups warn

Carbon Pulse - Wed, 2025-03-12 23:21
The European steel and aluminium sectors have said US tariffs entering into force this week reduce export opportunities and risk diminishing an already faltering production in the bloc, with possible repercussions on demand for EU carbon allowances.
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UK CDR hub awards five storage projects in third funding round

Carbon Pulse - Wed, 2025-03-12 23:02
A UK-based carbon removal (CDR) programme has selected five permanent carbon storage projects for grants of up to £75,000 each as part of its latest funding round.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2025-03-12 22:26
EU carbon prices were weaker on Wednesday morning as traders juggled a basket of bearish geopolitical headlines with Commitment of Traders data that showed investment funds continuing to make steady reductions in net length.
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Poor wastewater treatment flushes billions of dollars away, report says

Carbon Pulse - Wed, 2025-03-12 22:23
Poor wastewater treatment costs economies billions of dollars annually in marine environmental, agricultural, and healthcare costs, said a report published on Wednesday.
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Road to Belem: Highway project to COP30 cuts through Amazon rainforest

Carbon Pulse - Wed, 2025-03-12 21:37
A new four-lane highway to the COP30 climate summit in Brazil’s host city, Belem, is cutting through protected Amazon rainforest to accommodate traffic for over 50,000 attendees in November, according to a report by the BBC.
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Canadian govt ringfences C$100 mln to advance biodiversity conservation in Quebec

Carbon Pulse - Wed, 2025-03-12 21:05
The Canadian government has allocated C$100 million ($69.2 mln) to advance biodiversity conservation across the province of Quebec, including through expanding protected areas (PAs) and preserving vulnerable species.
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SK Market: March CO2 auction oversubscribed, clears at 9,100 won

Carbon Pulse - Wed, 2025-03-12 21:02
South Korea's latest monthly CO2 permit auction on Wednesday was oversubscribed, though analysts remained cautious about the market outlook as more regulatory clarity may only be provided around mid-year.
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Researchers flag shortfalls in widely used methods to assess corporate impacts on biodiversity

Carbon Pulse - Wed, 2025-03-12 20:54
Commonly used biodiversity assessment approaches face numerous challenges that are often overlooked by businesses and could hamper their efforts to mitigate impacts on nature, according to a study released this week.
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More efficient CO2 capture seen as key to scale CCS industry

Carbon Pulse - Wed, 2025-03-12 20:22
More attention must be paid to capturing post-combustion carbon streams with low CO2 concentrations if the world is to hit climate targets and scale the carbon capture and storage (CCS) industry, a Perth conference heard this week.
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China’s Guangdong cuts free allocation to industrial emitters under regional ETS

Carbon Pulse - Wed, 2025-03-12 19:44
China's Guangdong province will reduce the free allocation of CO2 permits to industrial emitters regulated under its emissions trading scheme, as it seeks to further strengthen the operation of the regional carbon market.
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INTERVIEW: Interactive map platform to help decarbonise agribusiness launches

Carbon Pulse - Wed, 2025-03-12 19:00
A Swiss startup on Wednesday launched a free web platform that leverages publicly available geospatial data to create interactive, high-resolution maps of land use change emissions factors, aiming to help decarbonise agribusiness in line with GHG Protocol and Science Based Targets initiative (SBTi) guidelines.
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The UK’s gamble on solar geoengineering is like using aspirin for cancer

The Guardian - Wed, 2025-03-12 19:00

Injecting pollutants into the atmosphere to reflect the sun would be extremely dangerous, but the UK is funding field trials

Some years ago in the pages of the Guardian, we sounded the alarm about the increasing attention being paid to solar geoengineering – a barking mad scheme to cancel global heating by putting pollutants in the atmosphere that dim the sun by reflecting some sunlight back to space.

In one widely touted proposition, fleets of aircraft would continually inject sulphur compounds into the upper atmosphere, simulating the effects of a massive array of volcanoes erupting continuously. In essence, we have broken the climate by releasing gigatonnes of fossil-fuel carbon dioxide, and solar geoengineering proposes to “fix” it by breaking a very different part of the climate system.

Raymond T Pierrehumbert FRS is professor of planetary physics at the University of Oxford. He is an author of the 2015 US National Academy of Sciences report on climate intervention

Michael E Mann ForMemRS is presidential distinguished professor at the University of Pennsylvania. He is the author of Our Fragile Moment: How Lessons from Earth’s Past Can Help Us Survive the Climate Crisis

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Australian regulator extends carbon abatement contract delivery deadline

Carbon Pulse - Wed, 2025-03-12 17:41
Australia’s Clean Energy Regulator has agreed to reschedule the delivery deadline for carbon abatement contracts (CACs) to the end of the calendar year, as it waits on the government to decide future exit window arrangements.
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