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Up to 1,500 English developer plans each month engaged with boosting biodiversity

Carbon Pulse - Tue, 2025-01-14 20:37
Between 1,200 and 1,500 developer planning applications each month are engaging with biodiversity net gain (BNG) requirements, which suggests the law is working, a civil servant has said.
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Russia adopts legislation paving way for forest carbon projects

Carbon Pulse - Tue, 2025-01-14 20:34
Russia adopted a law at the start of this year that will enable emissions reduction and removal projects to be developed in the country's forests.
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Clean energy investment to outpace upstream oil and gas in global first, analysts say

Carbon Pulse - Tue, 2025-01-14 20:01
Clean energy investment will in 2025 for the first time overtake upstream spending on oil and gas development with projected spend at $670 billion, according to analysts.
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Western Australia awards $21mln to three decarbonisation projects

Carbon Pulse - Tue, 2025-01-14 18:53
Three clean energy projects will receive a multi-million-dollar funding boost from the government of Western Australia, according to an official announcement.
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Dream come true for Australian funnel-web spider enthusiast after he discovers a new species

The Guardian - Tue, 2025-01-14 18:01

Newcastle funnel-web spider’s last shared common ancestor with the Sydney funnel-web was 17 million years ago, experts say

Kane Christensen’s passion is an arachnophobe’s nightmare. For two decades, he worked with deadly spiders at the Australian Reptile Park, a zoo located 80km north of Sydney – paying such close attention to the eight-legged predators that he helped scientists discover two new species.

He began there as a volunteer in 2003, milking venom from the fangs of Sydney funnel-web spiders. The park takes donations of captured male spiders from the public, using their venom to create life-saving antivenom. “Funnel-webs for me are just the pinnacle,” Christensen says.

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Ministers to appeal against river pollution ruling won by Yorkshire anglers

The Guardian - Tue, 2025-01-14 16:00

High court had ruled government was not meeting legal duty to clean up Costa Beck near Pickering

The UK environment secretary, Steve Reed, is pursuing legal action against a group of anglers who are trying to restore the ecosystem of a river.

Lawyers for Reed will argue on Tuesday in the court of appeal that cleaning up individual rivers and streams devastated by pollution is administratively unworkable.

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Cost to clean up toxic PFAS pollution could top £1.6tn in UK and Europe

The Guardian - Tue, 2025-01-14 15:00

Exclusive: Costs of UK cleanup will reach £9.9bn a year in UK if emissions of ‘forever chemicals’ remain uncontrolled

The cost of cleaning up toxic forever chemical pollution could reach more than £1.6tn across the UK and Europe over a 20-year period, an annual bill of £84bn, research has found.

The number of British pollution hotspots is also on the rise. If emissions remain unrestricted and uncontrolled, the costs of cleanup will reach £9.9bn a year in the UK, according to the findings of a year-long investigation by the Forever Lobbying Project, a cross-border investigation involving 46 journalists and 18 experts across 16 countries.

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CFTC: Specs trim carbon risk amid early year macro weakness

Carbon Pulse - Tue, 2025-01-14 13:47
Producers add length while speculators take a step back from California Carbon Allowance (CCA), RGGI Allowance (RGA) holdings, while both groups made significant reductions to their Low Carbon Fuel Standard (LCFS) net length into start of year macro market weakness, according to delayed data released Monday from the US Commodity Futures Trading Commission (CFTC).
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South Korea to launch infrastructure fund for green marine fuel development

Carbon Pulse - Tue, 2025-01-14 13:38
South Korea is planning an infrastructure fund worth one trillion won ($683 mln) to build an eco-friendly marine fuel supply chain by 2030.
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RGGI Market: RGAs battered for second week of 2025

Carbon Pulse - Tue, 2025-01-14 13:31
RGGI allowances (RGAs) in the secondary market continued to lose momentum for the second week of the year, with the benchmark plunging 13.5% since the close of December.
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Net Zero Asset Managers climate financial group suspends operations following BlackRock exit

Carbon Pulse - Tue, 2025-01-14 13:11
The Net Zero Asset Managers (NZAM) initiative - a group of financial institutions focussing on the transition to net zero - has halted some of its activities and launched a review, it announced late Monday, in the wake of high-profile exits and growing political headwinds.
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High allowance prices to drive larger household savings, emissions cuts under New York’s new carbon market -report

Carbon Pulse - Tue, 2025-01-14 11:52
New York’s new Cap-and-Invest (NYCI) programme could deliver significant financial benefits for households across the state, especially under a high allowance price scenario, while also advancing ambitious climate goals, according to a report released Monday.
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LCFS Market: Credit prices stabilise into 2025 after a turbulent year

Carbon Pulse - Tue, 2025-01-14 11:35
US clean fuel programme credit values across West Coast schemes held steady heading into 2025 following a year marked by record surpluses and historically low prices.
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New US alumina production nabs $8.7 mln federal funds to reduce CO2 process emissions

Carbon Pulse - Tue, 2025-01-14 10:37
A California-based company specialising in industrial materials has received nearly $8.7 mln from a federal cost share award towards set up of a commercial demonstration plant to reduce the carbon footprint of the aluminium production process.
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ID Market: IDX Carbon traded volume surpasses 1 MtCO2e, adds three more projects

Carbon Pulse - Tue, 2025-01-14 09:41
Indonesia’s National Carbon Exchange (IDX Carbon) has seen a boost in trading volume in January, with three more projects being added to generate carbon credits.
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