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Professional services multinational teams up with developer to build large-scale ocean carbon removal facility

Carbon Pulse - Wed, 2024-12-18 00:25
A multinational professional services firm has joined forces with an ocean-based carbon removal developer to help build a large-scale facility.
Categories: Around The Web

FEATURE: Why Trump’s return might not derail the global nature agenda

Carbon Pulse - Wed, 2024-12-18 00:13
US President-elect Donald Trump’s influence on the global nature agenda may be limited, with policy leaders in areas such as Europe continuing to strengthen action on biodiversity risks unabated, according to experts.
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‘Bad deal for taxpayers’: huge losses from NSW forest logging, reports reveal

The Guardian - Wed, 2024-12-18 00:00

Former MP astonished that taxpayers are ‘literally paying’ to cut down forests sustaining koalas and greater gliders and providing clean drinking water

Two reports revealing the extent of financial losses from native forest logging in New South Wales raise questions about the economic viability of the industry.

The state government’s forestry corporation “consistently made a loss” by paying contractors more for harvesting and haulage than it earned from delivery of timber to sawmills, a NSW Independent Pricing and Review Tribunal (Ipart) report found.

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Categories: Around The Web

INTERVIEW: Biodiversity credits could help African smallholders access global markets

Carbon Pulse - Tue, 2024-12-17 23:54
Biodiversity credit markets have the potential to finance African smallholders' transition towards sustainable practices and help them meet new regulations such as the EU Deforestation Regulation (EUDR), the vice president of a Nairobi-headquartered organisation told Carbon Pulse.
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Qatar organisation announces Article 6 carbon credit auctions for early 2025

Carbon Pulse - Tue, 2024-12-17 23:53
A Qatar-based organisation has announced it will hold two auctions early next year for international carbon credits eligible for Article 6 trade.
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Restoration project in England sells second batch of biodiversity credits

Carbon Pulse - Tue, 2024-12-17 23:42
A Newcastle-headquartered software consultancy and a London-based property investment company have purchased the second batch of voluntary biodiversity credits generated through a nature restoration project in England.
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Carbon credit buying does not help companies decarbonise quicker, claims paper

Carbon Pulse - Tue, 2024-12-17 23:41
Academics have contradicted claims that companies buying carbon credits decarbonise faster than others, although their paper is still not peer reviewed.
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Major report joins dots between world's nature challenges

BBC - Tue, 2024-12-17 23:00
A new approach is needed to tackle the interlinked crises afflicting the planet, scientists warn.
Categories: Around The Web

Major report joins dots between world's nature challenges

BBC - Tue, 2024-12-17 23:00
A new approach is needed to tackle the interlinked crises afflicting the planet, scientists warn.
Categories: Around The Web

IPBES reveals massive unaccounted cost of environmental crises

Carbon Pulse - Tue, 2024-12-17 23:00
Current decision-making has largely failed to consider the interlinkages between the ongoing crises in biodiversity, climate change, water, food, and health, with unaccounted-for costs estimated at up to $25 trillion per year, according to a landmark report released Tuesday by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES).
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Investor to offset full-scope emissions via Canadian voluntary carbon project developer

Carbon Pulse - Tue, 2024-12-17 22:51
A German investment firm will offset its Scopes 1-3 emissions through a partnership with Canadian voluntary carbon project developer, it announced Monday.
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CDR industry faces inflection point amid funding slowdowns and delivery gaps -report

Carbon Pulse - Tue, 2024-12-17 22:33
The carbon removal (CDR) sector is facing an inflection point, with rising delivery delays, funding slowdowns, and a hyper-concentrated buyer market, according to new research.
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Japanese exchange to list J-Blue credits

Carbon Pulse - Tue, 2024-12-17 21:40
A Tokyo-based firm will soon list J-Blue credits on its carbon credit exchange in a bid to provide high quality credits to the market, it announced Tuesday.
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Swiss company invests in ‘carbon negative’ hydrogen-biochar startup

Carbon Pulse - Tue, 2024-12-17 20:17
A Swiss energy firm has acquired a minority stake in a hydrogen-biochar startup, the two companies announced Monday.
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Renewable or low-carbon? France, Sweden clash with EU over 2040 energy target

Carbon Pulse - Tue, 2024-12-17 20:14
Pro-nuclear countries say it is “premature” to consider a renewable energy target as part of talks over the EU’s climate goal for 2040, with Paris and Stockholm instead pushing for a low-carbon objective that also brings nuclear power into the picture.
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Start date for Australian low-emissions smelter pushed back by a year

Carbon Pulse - Tue, 2024-12-17 20:01
The start date for what is to be Australia’s largest electric smelter furnace to make clean iron has been pushed back by a year and will initially use natural gas for power rather than renewable energy as originally intended.
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Carbon removals could lead to EU ETS oversupply before 2040 -report

Carbon Pulse - Tue, 2024-12-17 19:01
Including carbon removals in the EU Emissions Trading System before 2040 risks exacerbating oversupply that has plagued the market, a think tank warned on Tuesday, urging the European Commission not to include any such units before then.
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Free NZU allocation to New Zealand’s largest gas user distorting the market, report says

Carbon Pulse - Tue, 2024-12-17 17:41
The free allocation of New Zealand Units (NZUs) to methanol producer Methanex could be keeping its facility afloat, but is distorting the dynamics of the country’s emissions trading scheme, a report said Tuesday.
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ID Market: Indonesian oil company signs agreement to sell geothermal carbon credits

Carbon Pulse - Tue, 2024-12-17 17:33
Indonesia’s state-owned oil and gas company has signed a deal to sell a third tranche of carbon credits on the nation's domestic carbon exchange, it announced Tuesday. 
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More than 6m homes at risk of flooding in England, says Environment Agency

The Guardian - Tue, 2024-12-17 16:00

Report says rivers, the sea and surface water endangering properties and that number could hit 8m by 2050

More than 6m homes in England are at risk of flooding under the latest climate projections, a study by the Environment Agency has found.

This could rise to 8m – or one in four properties – by 2050, the study said.

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