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Oil-backed direct air capture startup unveils pilot in aim to drive carbon removals below $100/t

Carbon Pulse - Thu, 2023-11-30 00:00
An Israel-headquartered direct air capture startup, backed by several oil majors as well as the Frontier removals buyers' club, has launched a pilot for its electrochemical dual-cell system, which it hopes will help drive carbon credits generated using the technology below $100/tonne.
Categories: Around The Web

Non-profit unveils updated version of global forestry data tool

Carbon Pulse - Thu, 2023-11-30 00:00
A US-based non-profit has updated its carbon inventory statistics and maps for forest and non-forest lands globally in its overhauled tool, which it says will support country efforts to create stronger, more accurate deforestation policies.
Categories: Around The Web

COMMENT: To succeed, REDD+ should focus on what Indigenous peoples and Local Communities value

Carbon Pulse - Wed, 2023-11-29 23:54
REDD+ standards should not only include technical and scientific aspects developed in the Global North, but also contributions and experiences of the inhabitants of the same territories where these standards will be implemented, writes Gustavo Sanchez of the Mexican Network of Rural Forestry Organizations and colleagues representing other Indigenous peoples and Local Communities.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-11-29 23:02
European carbon prices fell to a new 13-month low in early trade on Wednesday before gaining some support as data from futures exchanges showed that investment funds had built a record net short position, while energy markets slumped for a fourth day.
Categories: Around The Web

Amazon, the company, steps up investment in Amazon, the rainforest

Carbon Pulse - Wed, 2023-11-29 22:00
US tech giant Amazon is increasing its investment in the vast rainforest after which it is named through two new agroforestry projects, in an effort to meet its 2040 net zero pledge and promote projects that meet a new standard, company representatives told Carbon Pulse on Wednesday.
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COP28: PREVIEW – Hosts to push voluntary carbon as markets eye convergence with UN rules

Carbon Pulse - Wed, 2023-11-29 21:57
Hosts UAE plan to push voluntary carbon markets (VCM) at COP28, with regional involvement likely to ramp up at the summit, announcements expected on new and existing crediting initiatives, and stakeholders anticipating preparations for the convergence of private-sector markets and government ones under the UN Paris Agreement's Article 6, in light of a rising number of international bilateral trade agreements and a wider drive towards raising integrity.
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“Cascading risks:” Bowen puts national security at heart of climate and clean energy push

RenewEconomy - Wed, 2023-11-29 21:30

Chris Bowen warns of "cascading risks" to Australia's national security from climate change, and uses it to push for urgent action this decade on emissions and clean energy.

The post “Cascading risks:” Bowen puts national security at heart of climate and clean energy push appeared first on RenewEconomy.

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Policymakers are making progress on energy efficiency, but not fast enough -IEA

Carbon Pulse - Wed, 2023-11-29 21:27
Policymakers around the world have made progress this year on improving energy efficiency, but this is not moving fast enough to meet climate targets, the IEA said in a report published on Wednesday.
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Plans to present meat as ‘sustainable nutrition’ at Cop28 revealed

The Guardian - Wed, 2023-11-29 21:00

Documents show industry intends to go ‘full force’ in arguing meat is beneficial to the environment at climate summit

Big meat companies and lobby groups are planning a large presence at the Cop28 climate conference, equipped with a communications plan to get a pro-meat message heard by policymakers throughout the summit.

Documents seen by the Guardian and DeSmog show that the meat industry is poised to “tell its story and tell it well” at the Dubai conference.

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Wildlife Photographer of the Year – People’s Choice 2023

The Guardian - Wed, 2023-11-29 20:00

A shortlist of 25 images has been selected for the Wildlife Photographer of the Year People’s Choice award. Vote for your favourite image online, with the winner announced on 7 February 2024. The 25 images are currently on display at the Wildlife Photographer of the Year exhibition at the Natural History Museum, London

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Building materials maker extends IUCN partnership to focus on biodiversity, water

Carbon Pulse - Wed, 2023-11-29 19:50
Switzerland-headquartered Holcim on Wednesday announced a three-year partnership with IUCN to strengthen their environmental cooperation, including plans for the conservation group to validate Holcim’s biodiversity baseline.
Categories: Around The Web

Nasdaq launches digital carbon credit tech, signs up removal standard

Carbon Pulse - Wed, 2023-11-29 18:46
New York-based exchange provider Nasdaq on Wednesday launched a new technology it said can securely digitalise the issuance, settlement, and custody of carbon credits to pave the way for institutionalising the global emissions market, with its own carbon removal standard the first to sign up.
Categories: Around The Web

Japanese natural capital consortium to launch carbon exchange next spring

Carbon Pulse - Wed, 2023-11-29 18:02
A cross-sector alliance that aims to revitalise Japan's carbon credit market is planning to launch a carbon exchange next spring, it announced Wednesday.
Categories: Around The Web

Malaysian state releases new CCS acreage to facilitate carbon market

Carbon Pulse - Wed, 2023-11-29 17:25
A Malaysian state government has signed off on allowing one of its local oil companies 1.32 million hectares (3.2 mln acres) for carbon capture and storage, local media reported Wednesday.
Categories: Around The Web

L’Oreal teams up with Great Barrier Reef Foundation to calculate coral reef biodiversity value

Carbon Pulse - Wed, 2023-11-29 17:02
Global beauty product brand L’Oreal is partnering with the Great Barrier Reef Foundation (GBRF) to pioneer a methodology to calculate the value of coral reef biodiversity and support the deployment of heat-tolerant corals, the latter announced Wednesday.
Categories: Around The Web

South Korea activates ETS price floor again to stabilise market

Carbon Pulse - Wed, 2023-11-29 16:52
South Korea has activated a temporary price floor in its domestic emission trading scheme (ETS), as the government aims to stabilise the sagging prices in the oversupplied market for the remainder of the year.
Categories: Around The Web

Australia’s coal mine emissions could be double official government numbers -report

Carbon Pulse - Wed, 2023-11-29 16:34
Australia could be under-reporting its coal mine methane emissions by more than 80%, according to a report released Wednesday.
Categories: Around The Web

Most sponsors of Cop28 have not signed up to UN-backed net zero targets

The Guardian - Wed, 2023-11-29 16:00

Firms including Bank of America have made no commitment to cut emissions in line with target system, analysis finds

Most companies sponsoring the UN climate talks in Dubai are not committed to cutting their greenhouse gas emissions in line with globally recognised net zero targets, it has been revealed.

Only one of the more than 20 sponsors of Cop28 has signed up to UN-backed net zero science-based targets, (SBTi), according to an analysis.

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Soil Carbon Project Manager, Carbon Link – Brisbane

Carbon Pulse - Wed, 2023-11-29 15:59
The successful candidate will play a crucial role in managing projects, assisting our clients with implementing effective practice change strategies to enhance soil health and sequester carbon in agricultural landscapes in line with Clean Energy Regulator Methodology requirements.
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Deal to keep 1.5C hopes alive is within reach, says Cop28 president

The Guardian - Wed, 2023-11-29 15:00

Exclusive: Sultan Al Jaber says progress means ‘unprecedented outcome’ is possible

An “unprecedented outcome” that would keep alive hopes of limiting global temperature rises to 1.5C is within reach, the president-designate of the UN Cop28 climate summit has said – and even Saudi Arabia is expected to come with positive commitments.

Significant progress has been made in recent weeks on key aspects of a deal at the crucial meeting that starts in Dubai this week, with countries agreeing a blueprint for a fund for the most vulnerable, and reaching an important milestone on climate finance.

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