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The voluntary biodiversity credit scheme announced in France could incentivise offsetting over the reduction and avoidance of impacts on nature, as the underlying rules have raised serious doubts over their effectiveness in recent years, a biodiversity consultant has told Carbon Pulse.

Futures for Phase 1 of CORSIA, the UN's international aviation offsetting scheme, have jumped higher in the wake of reported results from a credit auction coming to light this week.

Bringing the cement sector into China’s emissions trading scheme will see the total amount of CO2 regulated by the market grow by over a billion tonnes of CO2, but only lead to a minor increase in emissions, analysts have predicted.

Germany’s energy sector CO2 emissions fell to 188 million tonnes in 2024, a 9% decrease from 2023 and 60% below 1990 levels, according to a new report released on Wednesday.

A soon-to-be-released method has proven effective in detecting hundreds of species in the Amazon combining AI and remote devices, with researchers planning to implement it globally in a way that could support science-based nature markets, the project leader told Carbon Pulse.

Gone are the pleasures of licking the foil cover on yoghurts and soft cheese. Plus no one consulted me about this dismal change to my home routines

All I want for Christmas is the return of yoghurt pot lids. And not just for me, for everyone. In this season of goodwill, I want everyone to get a share of the joy. The lids disappeared very suddenly, without so much as a goodbye. It didn’t seem right. And it wasn’t just yoghurt pots, either. Creams, buttermilk, cottage cheese, you name it, were suddenly minus their lids, hatless, naked.

For me, this was a blow. I’ve always taken my plastic pot management very seriously. I have strict rules. Not for me pulling back the foil cover, leaving it attached to the tub, and then replacing the lid on top of it. No, not neat. The foil would be removed completely, possibly licked, and discarded.

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A large private investment house is seeking investors for its €500 million nature-based solutions fund, which will finance carbon project development, and is on the cusp of finalising €50 mln from the European Investment Bank (EIB).

Climate-vulnerable pair add weight to proposed treaty seeking transition from coal, oil and gas in equitable way

Pakistan and the Bahamas have joined a growing bloc of climate-vulnerable countries seeking to broker a global pact to phase out fossil fuels in an equitable way, the Guardian can reveal.

The Bahamas is the 15th nation to fully endorse the proposed fossil-fuel non-proliferation treaty, which would provide a binding global roadmap to explicitly halt expansion of coal, oil and gas in a fair way – with wealthy nations responsible for the highest emissions transitioning first and fastest.

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Fundamental shifts in how the world deals with the biodiversity crisis are urgently needed to halt and reverse nature loss, and could generate over $10 trillion in business opportunity value if implemented immediately, according to a report released Wednesday by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES).

European carbon allowances advanced modestly on Wednesday morning, loosening their correlation with natural gas prices for a second day as the market accustomed itself to the new front-December contract, while weekly positioning data from the futures exchanges showed speculative traders trimming their bullish bets.

Pakistan has become the first South Asian nation to commit to discussions with the Fossil Fuel Non-Proliferation Treaty initiative even as Bahamas has joined the bloc negotiating the winding down of fossil fuel production, a statement released Wednesday said.

Zimbabwe has launched a national carbon market framework that aligns policy with Article 6 of the Paris Agreement, local media reported on Wednesday.

The social cost of carbon (SCC) is being significantly under-estimated as current calculations fail to adequately consider how climate change could affect human welfare, with implications for policy making, a new study has found.

Nasa says that the astronauts stuck on the space station will have to wait even longer to get home.

The Net Zero Industry Act risks setting the CCUS industry up for failure if the European Commission does not step up to integrate the value chain and regulate CO2 transport, said Rachael Moore, founder of consultancy CarbStrat, in an interview with Carbon Pulse.

Several Australian companies were awarded offshore GHG assessment permits Wednesday as part of the process to potentially begin work on offshore carbon capture and storage (CCS) projects.  

Trade can help protect species – and real skins are often more sustainable than synthetic alternatives, say conservationists

Conservation experts have criticised a decision by London fashion week to ban exotic animal skins from its 2025 shows as “ridiculous”, warning that it is ill-informed and could harm the protection of many snakes, crocodiles and reptile species.

Last month, the British Fashion Council’s deputy director for policy and engagement, David Leigh-Pemberton, told parliament that next year’s fashion shows would prohibit the use of skins from alligators, snakes and other animals. In a statement, the council said the ban was part of a wider range of standards to promote sustainable practices in the fashion industry.

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Peak oil has been joined by a plateau in coal, according to the International Energy Agency’s (IEA) three-year outlook for the commodity, which saw a downturn during Covid-19 and a resurgence in use in the past two years, buoyed by high gas prices since the 2022 Russian invasion of Ukraine.

Goldwind says its first 22 ME offshore wind turbine will be a "weapon" on costs, helping reduce them up up to 10 per cent.

The post “A weapon for deep sea wind power:” Goldwind rolls first 22MW offshore turbine appeared first on RenewEconomy.

BoM meteorologist says Victoria, Tasmania, South Australia and New South Wales will be generally dry and ‘fingers crossed it stays like this’

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Christmas Day should be calm and settled across much of Australia – on the weather front, at least – according to the weather bureau’s first look at the festive forecast.

Senior meteorologist Sarah Scully, from the Bureau of Meteorology, said a band of high pressure on Christmas Day would bring generally dry and settled conditions to south-eastern Australia, mild temperatures for west and south-west Western Australia, and typically hot and stormy weather in the north.

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Sydney – mininum 18C, maximum 28. Cloud clearing. Light winds becoming easterly 15-25km/h during the day.

Melbourne – min 14C, max 28. Mostly sunny. Light winds becoming south to south-easterly 15-20km/h during the day.

Adelaide – min 16C, max 35. Sunny. Winds easterly 15 to 20 km/h tending north-west to north-easterly 15-25 km/h during the morning.

Hobart – min 13C, max 23. Partly cloudy. Slight chance of a shower. Winds westerly 15-20km/h shifting south-easterly during the day.

Canberra – min 9C, max 33. Mostly sunny. Light winds becoming north to north-westerly 15-20km/h during the day.

Darwin – min 26C, max 34. Possible shower or storm.

Brisbane – min 20C, max 29. Light winds becoming east to south-easterly 15-20km/h during the morning.

Perth – min 15C, max 25. Cloud increasing.

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