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LCFS Market: California lawmaker seeks LCFS repeal citing impact on gas prices

Carbon Pulse - 2 hours 1 min ago
The Republican Minority Leader of the California state senate announced plans for new bills blocking ARB's Low Carbon Fuel Standard (LCFS) regulation on Tuesday, pointing to a new study that projected an increase in gas prices beginning 2025 due to recent regulations introduced in the state.
Categories: Around The Web

Why children like me have a right to be heard at the People’s Blockade of the Newcastle coal port | Frankie Kelly

The Guardian - 2 hours 14 min ago

From my perspective as a 12-year-old, it’s devastating that the protest is getting such a negative reaction from the NSW government

All year, I have been looking forward to the People’s Blockade of the Newcastle coal port. I’ve been so excited to see the colourful array of kayaks and get to swim and paddle in the harbour with my friends to make our voices heard, and let the government know that we need to do everything we can right now to stop the climate crisis.

I know that Rising Tide has been working incredibly hard to make the blockade a fun and safe experience for everyone, but it feels like instead of listening to our concern about the climate crisis, the state government is doing everything they can to try to stop our “protestival” from going ahead.

Frankie Kelly is a 12-year-old climate activist with Rising Tide from Newcastle

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Categories: Around The Web

NOAA unveils partnerships to advance ocean CO2 removal research, boost transportation’s climate resilience

Carbon Pulse - 3 hours 15 min ago
The US National Oceanic and Atmospheric Administration (NOAA) on Tuesday unveiled new partnerships to advance research on using the ocean to remove and store CO2, and enhance climate change resilience in the transportation sector.
Categories: Around The Web

Australia pledges $50m for climate 'loss and damage' fund, ramps up Cop31 host bid - video

The Guardian - 3 hours 31 min ago

Australia and Turkey are both lobbying to host Cop31, the world's annual United Nations climate change negotiations planned for 2026. The climate change minister, Chris Bowen, said Australia wants to co-host Cop31 'in partnership with our Pacific family'. Bowen also announced a $50m contribution to loss and damage caused by the climate crisis.

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Categories: Around The Web

COP29: New Article 6 texts seek final bridge over troubled registry waters

Carbon Pulse - 3 hours 48 min ago
Fresh Article 6 draft negotiating texts were published late on Tuesday with the Azerbaijan COP29 presidency looking to speed through a carbon markets outcome in Baku, as parties edged closer to consensus on the thorny registries issue.
Categories: Around The Web

BRIEFING: Experts ask Washington to streamline reforestation protocol baselines

Carbon Pulse - 3 hours 50 min ago
Forest offset project experts last week asked the Washington Department of Ecology (ECY) to prioritise streamlining its reforestation protocol, as it is already economically unfeasible.
Categories: Around The Web

Startup shutters carbon credit exchange, shifts focus to climate consultancy tech

Carbon Pulse - 4 hours 14 min ago
A US-based startup dedicated to environmental market infrastructure on Tuesday announced the closure of its offset trading exchange amid the downturn in the voluntary carbon market.
Categories: Around The Web

Zefiro plugs first gas well in Oklahoma, eyes expansion in US, Middle East

Carbon Pulse - 5 hours 15 min ago
Zefiro Methane Corp. announced on Monday that its subsidiary Plants & Goodwin (P&G) has completed the company’s inaugural gas well remediation project in Oklahoma.
Categories: Around The Web

INTERVIEW: Game-changing $5 bln deal for Bolivia threatens to disrupt both Article 6 and voluntary market

Carbon Pulse - 10 hours 9 min ago
Chicago company Laconic Infrastructure Partners plans to issue $1 billion worth of securities next year on Bolivia’s forestry plans, and if the idea catches on, it could undermine the edifice building around Article 6 trade as well as the voluntary carbon market.
Categories: Around The Web

EXCLUSIVE: Colombian carbon standard is first to sign up to S&P Global tool aimed at ‘uniting the registry community in one place’

Carbon Pulse - 10 hours 52 min ago
A Colombian carbon standard has become the first organisation to sign up to a new software tool from S&P Global, which has been designed to integrate the various carbon registries and standards in one place.
Categories: Around The Web

COP29: USDA won’t finalise voluntary carbon rules before Trump administration, secretary says

Carbon Pulse - 11 hours 10 min ago
A set of protocols being designed to help US land and forest owners gain access to the voluntary carbon market won’t reach a draft form before the end of President Joe Biden’s term, putting their fate in the hands of the incoming Republican administration.
Categories: Around The Web

China and India should not be called developing countries, several Cop29 delegates say

The Guardian - 11 hours 20 min ago

Poor country delegates say classifications that date back to 1992 are obsolete and two countries ‘should be contributing’

China and India should no longer be treated as developing countries in the same way as some of the poorest African nations are, according to a growing number of poor country delegates at the Cop29 UN climate talks.

China should take on some additional responsibility for providing financial help to the poorest and most vulnerable, several delegates told the Guardian. India should not be eligible for receiving financial help as it has no trouble attracting investment, some said.

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Categories: Around The Web

INTERVIEW: Waiting for the biodiversity market to take shape

Carbon Pulse - 11 hours 45 min ago
The plethora of biodiversity crediting standards that have emerged over the past couple of years will be narrowed down to just a few once the market takes off – whenever that may be.
Categories: Around The Web

EU falling behind on green hydrogen goals, industry says

Carbon Pulse - 12 hours 27 min ago
Europe is falling far behind on its renewable hydrogen targets, with just 4% of announced projects under construction and production far from the 2030 goal, according to an industry report released on Tuesday.
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COP29: Govts spotlight efforts to minimise pass-through costs of carbon pricing

Carbon Pulse - 13 hours 10 min ago
Countries with domestic carbon pricing efforts emphasised the specific policy design mechanisms needed to minimise pass-through costs to end consumers, government officials told an event on the sidelines of COP29.
Categories: Around The Web

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