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Brazil ETS gets final presidential approval

Carbon Pulse - Fri, 2024-12-13 02:29
Brazil’s long-awaited emissions trading system (SBCE) legislation has been sanctioned by President Luiz Inacio Lula da Silva, appearing in the Official Gazette of the Union (DOU) on Thursday.
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Non-profit lodges complaint against Verra over REDD+ carbon project

Carbon Pulse - Fri, 2024-12-13 02:08
International carbon standard Verra has fallen foul of the Integrity Council for Voluntary Carbon Market (ICVCM) rules in investigating human rights abuse claims levelled at a REDD+ project, a non-profit has claimed Thursday, lodging a formal complaint.
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Biodiversity credit resource product launches

Carbon Pulse - Fri, 2024-12-13 02:00
A set of pay-to-access resources on biodiversity credit metrics was launched on Thursday by analysis website Bloom Labs and consultancy the Biodiversity Footprint Intelligence Company (BioInt).
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Ambiguous carbon regulations, modest domestic demand keep Indonesia from realising carbon market potential -report

Carbon Pulse - Fri, 2024-12-13 01:22
Indonesia has significant opportunities to generate millions of carbon credits each year, but unclear regulations around international carbon trading and low domestic demand are among the major issues preventing the country from having a vibrant market, according to a report released Thursday.
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Life extension for Australian plant paves way for “carbon bomb” gas field

Carbon Pulse - Fri, 2024-12-13 01:08
Australia’s largest oil and gas company has been granted approval by state government to extend the life of one of its gas plants by 50 years, paving the way for the development of a vast gas field described by activists as a “carbon bomb”.
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US consulting group makes big splash in CDR market with 50k purchase

Carbon Pulse - Fri, 2024-12-13 00:33
A US-based consulting group has bought more than 50,000 carbon removal (CDR) credits for delivery over the next two years, it announced Thursday.
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Turbine bat deaths could fall without loss of power if wind speed triggers were raised, Victorian research finds

The Guardian - Fri, 2024-12-13 00:00

Changing state guidelines to lift wind speed turbines start spinning won’t notably affect energy generated, government consultants say

Victoria will consider changing windfarm guidelines after government research found lifting the wind speed at which turbines start spinning could significantly reduce bat deaths without notably affecting the energy generated.

Ecologist Emma Bennett has estimated between 25,000 and 50,000 bats die annually from collisions with the more than 1,400 wind turbines operating in Victoria.

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UK companies urge govt to support development of nature markets

Carbon Pulse - Thu, 2024-12-12 23:54
The UK government should ramp up efforts to support the development of nature markets, acting as buyer of last resort to drive demand, a membership organisation comprised of some major corporates and NGOs in the country has said.
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Global emissions falling in hard-to-abate sectors, but remain off net zero trajectory -report

Carbon Pulse - Thu, 2024-12-12 23:53
Global carbon emissions are falling in hard-to-abate industrial sectors, but trajectories remain off track to meeting net zero targets, according to a report published on Thursday.
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Swiss hub launches to scale nature finance

Carbon Pulse - Thu, 2024-12-12 23:46
A Switzerland-based non-profit has announced the establishment of a hub in the country aimed at advancing nature finance, with over 60 organisations interested in joining the initiative, Carbon Pulse has learned.
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BRIEFING: Indonesia urged to provide clarity on investor protection, Article 6 strategies to drive carbon market development

Carbon Pulse - Thu, 2024-12-12 23:45
More clarity on investor protection and national strategies for the emerging Article 6 market is needed for Indonesia to unleash its carbon market potential, an industry conference heard this week.
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EU court dismisses lime maker’s challenge over free carbon allowance allocations

Carbon Pulse - Thu, 2024-12-12 23:21
An EU court has dismissed two cases brought by a lime producer that sought to overturn a European Commission decision amending the free allocation of carbon allowances for its installations.
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New geothermal technology could advance US zero-carbon power goals -report

Carbon Pulse - Thu, 2024-12-12 22:54
Emerging geothermal methods could play an important role in achieving a zero-carbon electricity grid in the US, according to recent analysis by a global non-profit.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-12-12 22:19
EU carbon prices fell back on Thursday after two days of increases in the run-up to Wednesday's options contract expiry, as traders offloaded some of the positions they had built up as options hedges, and gas prices weakened amid forecasts for milder and windier conditions.
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US SAF producer debuts blended fuel facility, partnership with Drax

Carbon Pulse - Thu, 2024-12-12 22:00
A US Gulf Coast developer of sustainable aviation fuel (SAF) announced the launch of its first commercial-scale facility, alongside a strategic partnership with UK energy company Drax.
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‘Forever chemical’ found in mineral water from several European countries

The Guardian - Thu, 2024-12-12 22:00

Contamination thought to stem from the heavy application of pesticides containing TFA, a type of PFAS

Mineral water from several European nations has been found for the first time to be contaminated with TFA, a type of PFAS “forever chemical” that is a reproductive toxicant accumulating at alarming levels across the globe.

The finding is startling because mineral water should be pristine and insulated from manmade chemicals. The contamination is thought to stem from the heavy application of pesticides containing TFA, or compounds that turn into it in the environment, which are used throughout the world.

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Ocean benchmark reveals big companies likely to be assessed

Carbon Pulse - Thu, 2024-12-12 21:53
The World Benchmarking Alliance (WBA) has released a list of 63 companies out of the 125 that are very likely to be assessed on biodiversity in its forthcoming Ocean Benchmark.
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European exchange to launch futures contracts for EU ETS2

Carbon Pulse - Thu, 2024-12-12 21:22
A major European energy and commodities exchange has announced the launch of futures contracts for the upcoming EU ETS2.
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Integrity Council approves Verra ARR methodology, carbon removal standard for quality stamp

Carbon Pulse - Thu, 2024-12-12 21:10
The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved Verra's VM0047 methodology for its Core Carbon Principles (CCPs) quality label, as well as a fast-growing carbon removal standard, according to an announcement Thursday.
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‘This was not normal’: US scientists grapple with a year of record heat

The Guardian - Thu, 2024-12-12 21:00

Climate researchers presented potential reasons – clouds, shipping, volcanic eruption – for the apparent surge

Scientists are still puzzling over the reasons behind a streak of unexpected, record heat that scorched 2023 and into this year, sparking fears that the climate crisis could be moving faster than previously thought.

Is it the clouds? Or shipping? Or maybe a huge volcanic eruption?

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