Feed aggregator

RGGI Market: RGAs set new records for benchmark, but volumes plunge

Carbon Pulse - Tue, 2023-11-14 07:46
RGGI allowances (RGAs) inched upwards in the past week to break a record settlement price for the benchmark contract for two consecutive days even as volumes took a dive, while market participants remained positive about prices hovering below the Cost Containment Reserve (CCR) trigger levels.
Categories: Around The Web

Restoring ecosystems to boost biodiversity is an urgent priority – our ‘Eco-index’ can guide the way

The Conversation - Tue, 2023-11-14 07:37
Technologies such as remote sensing and artificial intelligence are making it easier to gather more accurate data on biodiversity. Developing these digital tools will help vital ecosystem restoration. Kiri Joy Wallace, Research Fellow in Restoration Ecology, University of Waikato John Reid, Senior Research Fellow, University of Canterbury Penny Payne, Social Scientist, University of Waikato Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

EU co-legislators reach provisional deal on critical raw materials bill

Carbon Pulse - Tue, 2023-11-14 06:15
EU co-legislators late on Monday found an informal agreement on a bill seeking to reduce the bloc’s dependency on third-countries in sourcing raw materials indispensable for the development and building of clean technology.
Categories: Around The Web

We can still prevent the collapse of the West Antarctic ice sheet – if we act fast to keep future warming in check

The Conversation - Tue, 2023-11-14 05:46
Seafloor sediments from beneath the Ross Ice Shelf represent an archive of warmer periods in Earth’s past. An ambitious international project aims to uncover what we can learn about our hotter future. Richard Levy, Principal Scientist/Environment and Climate Research Leader, GNS Science Dan Lowry, Ice Sheet & Climate Modeller, GNS Science Denise Kulhanek, Professor of Marine Micropaleontology, University of Kiel Gavin Dunbar, Senior Lecturer in Palaeoclimate, Te Herenga Waka — Victoria University of Wellington Huw Joseph Horgan, Research Scientist, Swiss Federal Institute of Technology Zurich Molly Patterson, Assistant Professor in Geology, Binghamton University, State University of New York Nick Golledge, Professor of Glaciology, Te Herenga Waka — Victoria University of Wellington Tina van de Flierdt, Professor of Isotope Geochemistry, Imperial College London Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Fire is consuming more than ever of the world's forests, threatening supplies of wood and paper

The Conversation - Tue, 2023-11-14 05:46
Satellite data shows wildfires are destroying large areas of timber-producing forests around the world. These fires are becoming more destructive with each passing year. David Lindenmayer, Professor, The Fenner School of Environment and Society, Australian National University Chris Bousfield, Postdoctoral Research Associate, University of Cambridge David Edwards, Professor, University of Cambridge Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Germany’s domestic carbon price system sees higher non-compliance, lower emissions

Carbon Pulse - Tue, 2023-11-14 05:24
Approximately 4% of companies bound by Germany’s domestic nEHS carbon pricing programme failed to report emissions in year two of the initiative, according to a report issued by the German Emissions Trading Authority (DEHSt) on Monday.
Categories: Around The Web

VCM Report: REDD credibility hits a wall and sinks standardised nature-based carbon credit contracts

Carbon Pulse - Tue, 2023-11-14 04:42
The implosion of REDD credibility continued to dominate the voluntary carbon market last week with prices sliding again following news of certifier Verra suspending issuance of two connected Kenyan projects over allegations of sexual harassment and abuse by senior staff.
Categories: Around The Web

North American Great Plains lost 1.6 mln acres in 2021 -report

Carbon Pulse - Tue, 2023-11-14 04:23
The US and Canadian Great plains lost 1.6 million acres (some 650,000 hectares) in 2021, partially due to federal policies that inadvertently favour conversion over protection of land for the production of biofuel, a recent report said.
Categories: Around The Web

ICROA toughens criteria for endorsing carbon standard bodies amid jump in interest

Carbon Pulse - Tue, 2023-11-14 04:16
Voluntary carbon standard accreditation body ICROA is toughening criteria for certifiers looking for its endorsement amid an explosion of interest, the group told Carbon Pulse.
Categories: Around The Web

Dominica creates world’s first marine protected area for sperm whales

The Guardian - Tue, 2023-11-14 03:55

Nearly 300 sq miles of water on west of Caribbean island to be designated as a reserve for endangered animals

The tiny Caribbean island of Dominica is creating the world’s first marine protected area for one of earth’s largest animals: the endangered sperm whale.

Nearly 300 sq miles (800 sq km) of royal blue waters on the western side of the island nation that serve as key nursing and feeding grounds will be designated as a reserve, the government announced on Monday.

Continue reading...
Categories: Around The Web

Albania responds to EU CBAM raising carbon tax on coal from 2024

Carbon Pulse - Tue, 2023-11-14 03:35
The Albanian government is preparing to adjust to the EU's carbon border adjustment mechanism (CBAM) by increasing its tax on coal, as part of a 2024 budget draft that the finance ministry recently presented to the country's parliament.
Categories: Around The Web

Satellite launched to precisely monitor installation-level CO2 emissions from space

Carbon Pulse - Tue, 2023-11-14 03:13
The world’s first orbital sensor capable of identifying CO2 emissions from individual industrial sites was launched from the US into space this weekend.
Categories: Around The Web

Restored natural forests could contribute more than 30% of planet’s carbon drawdown potential, says study

Carbon Pulse - Tue, 2023-11-14 02:00
The ecological restoration of natural forests should be prioritised over plantations in climate action due to their staggering carbon storage potential as confirmed in updated estimates, according to a global study involving hundreds of researchers that was published on Monday.
Categories: Around The Web

Let forests grow old to store huge volume of carbon – study

The Guardian - Tue, 2023-11-14 02:00

Report says cutting emissions should still be key priority as it cautions against mass monoculture tree-planting

Forest conservation and restoration could make a major contribution to tackling the climate crisis as long as greenhouse gas emissions are slashed, according to a study.

By allowing existing trees to grow old in healthy ecosystems and restoring degraded areas, scientists say 226 gigatonnes of carbon could be sequestered, equivalent to nearly 50 years of US emissions for 2022. But they caution that mass monoculture tree-planting and offsetting will not help forests realise their potential.

Find more age of extinction coverage here, and follow biodiversity reporters Phoebe Weston and Patrick Greenfield on X, formerly known as Twitter, for all the latest news and features

Continue reading...
Categories: Around The Web

UK government advisor stresses nature commitments as ministers reshuffle

Carbon Pulse - Tue, 2023-11-14 00:36
A key political advisor to the UK government has stressed she is committed to fulfilling the country’s nature-related targets, including biodiversity credit action, the same day as a reshuffle of the country’s top ministers saw the environment secretary resign.
Categories: Around The Web

Change in EU ETS compliance deadline may shift market seasonality, say participants

Carbon Pulse - Tue, 2023-11-14 00:21
A new registry regulation implementing a five-month shift in the annual EU ETS compliance schedule may lead to a change in the market’s seasonality, moving the periods when prices tend to rise amid increasing compliance demand, according to European carbon market analysts and traders.
Categories: Around The Web

EU says it will announce considerable contribution for climate damage fund

Carbon Pulse - Tue, 2023-11-14 00:11
The EU’s climate chief announced on Monday that the bloc will contribute a “substantial” amount to a new fund for climate mitigation and adaptation as well as allocate further funding for renewables and energy efficiency on Monday.
Categories: Around The Web

Iceland volcano: what will the impact be?

BBC - Tue, 2023-11-14 00:09
An eruption is thought imminent but its impact depends on where magma breaches the surface.
Categories: Around The Web

Campaigners warn against Thames Water’s £250m effluent ‘recycling’ scheme

The Guardian - Tue, 2023-11-14 00:00

Scheme would involve abstracting water from the River Thames at Teddington and replacing it with treated sewage

Thames Water is facing a public backlash over a multimillion-pound water “recycling” scheme promoted as a solution to tackling climate crisis-induced droughts.

The technology involves using effluent from sewage treatment works, putting it through a further layer of treatment and releasing the treated water into a river, in order to replace the same amount of water that is abstracted off for drinking water.

Continue reading...
Categories: Around The Web

Legal challenge launched against UK government for focus on bioenergy removals

Carbon Pulse - Mon, 2023-11-13 23:43
A key component of the British government’s climate plan is unlawful due to its reliance on bioenergy with carbon capture and storage (BECCS) removals, which will undermine the country's ability to achieve net zero by 2050, according to a legal case filed in a UK court.
Categories: Around The Web

Pages

Subscribe to Sustainable Engineering Society aggregator