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Carbon markets advisory firm to launch interactive map of global forest offset projects

Carbon Pulse - Thu, 2023-10-26 23:57
An analysis and consulting firm is to launch an interactive map showing the location of voluntary carbon forest projects around the world using data pulled from all major offset registries, as it hopes to provide greater visibility for verification bodies, regulators, and market participants.
Categories: Around The Web

Asset manager completes £300m fundraising for forestry carbon credits fund

Carbon Pulse - Thu, 2023-10-26 22:45
A London-headquartered investor has secured the target figure of £300 million for its forestry and carbon credits fund at its final close, Carbon Pulse has learned.
Categories: Around The Web

Mercedes says electric car market is ‘brutal’ for manufacturers

The Guardian - Thu, 2023-10-26 21:42

German company points to ‘intense price competition’, which it sees as unsustainable

Mercedes-Benz has said the electric car market is “brutal” for carmakers as heavy competition forces them to cut prices.

Sales of electric cars are soaring in Europe and China, with the US further behind, but the rush of new launches is putting pressure on European manufacturers in particular, who are struggling to compete with cheap models coming from China.

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Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-10-26 21:35
European carbon prices broke below two key support levels on Thursday morning, though trading remained within a fairly narrow range as participants eyed tests of further support levels, while energy markets were little changed.
Categories: Around The Web

UK regulator trying to block release of Shell North Sea documents

The Guardian - Thu, 2023-10-26 20:16

Exclusive: North Sea Transition Authority under fire for using lawyers to argue against publication of environmental impact

The UK’s oil and gas regulator is coming under fire from environmental groups for using lawyers to try to prevent the publication of five key documents relating to the environmental impact of Shell’s activities in the North Sea.

At a hearing in December, a legal representative for the North Sea Transition Authority (NSTA) is expected to argue against the publication of documents that contain details about the risk of pollution as a result of decommissioning the Brent oilfield, which was operated by Shell for more than 40 years. It says it opposes publication “on a matter of process basis”.

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Use Article 6 to fund trillions of dollars in grid investment, conference hears

Carbon Pulse - Thu, 2023-10-26 19:50
The cost of capital has risen making borrowing tough for developing countries, but a Harvard economist believes he has found a way to solve the issue by leveraging Article 6 in a novel way to build large-scale transmission infrastructure.
Categories: Around The Web

Japan certifies over 100 OECMs in bid to drive private sector biodiversity action

Carbon Pulse - Thu, 2023-10-26 19:21
Japan’s environment ministry this week concluded the certification of 122 sites across the country as Other Effective area-based Conservation Measures (OECMs), its core policy to incentivise businesses to contribute towards the country meeting its 30 by 30 biodiversity protection targets.
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Verra provides key dates on digitalisation rollouts, working on ICVCM application

Carbon Pulse - Thu, 2023-10-26 19:20
Global carbon standard Verra laid out the next steps in its charm offensive at a conference on Thursday, as it works to reform itself in response to evolving expectations and standards from stakeholders.
Categories: Around The Web

Indian verification standards lack integrity, sacrificing the overall quality of credits -expert

Carbon Pulse - Thu, 2023-10-26 19:20
The verification standards followed by carbon market participants in India lack integrity and the government can make better use of the existing standards approved internationally, an expert told a conference Thursday.
Categories: Around The Web

Pigeons problem-solve similarly to artificial intelligence, research shows

The Guardian - Thu, 2023-10-26 19:00

The intelligent birds, thought to be a nuisance by some, learn from consequences and can recognize resemblance between objects

A new study has found that the way pigeons problem-solve matches artificial intelligence.

Often overlooked as a nuisance, pigeons are actually highly intelligent animals that can remember faces, see the world in vivid colors, navigate complex routes, deliver news and even save lives.

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Categories: Around The Web

Don’t wait around for digital MRV standards to develop, move now -World Bank

Carbon Pulse - Thu, 2023-10-26 18:54
Digitalisation of the carbon credit verification process could and perhaps should spell the end of the current MRV process and VVBs, according to a senior World Bank official speaking Thursday at a conference.
Categories: Around The Web

Capturing Ecology 2023 – in pictures

The Guardian - Thu, 2023-10-26 16:00

The winning images of the British Ecological Society’s annual photography competition, taken by international ecologists and students, feature a lone tree dominating an empty landscape and a giant squirrel devouring a jackfruit

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Categories: Around The Web

Australia Market Roundup: Govt commits A$69 mln to renewable hydrogen hub, ACCU issuance drops

Carbon Pulse - Thu, 2023-10-26 15:48
The Australian government will invest A$69.2 million ($43.3 mln) to develop a renewable hydrogen hub in Queensland, it announced Thursday, as the latest weekly issuance of Australian Carbon Credit Units (ACCUs) fell to just 40,000 units.
Categories: Around The Web

Fiji signs MoU with Korean company for mangrove project

Carbon Pulse - Thu, 2023-10-26 15:19
The Pacific island of Fiji on Thursday signed a Memorandum of Understanding (MoU) with a South Korean conglomerate on a project to plant and restore mangroves to reduce carbon emissions.
Categories: Around The Web

Venezuelans handpick plastic and rake up oil in bid to save Lake Maracaibo – video

The Guardian - Thu, 2023-10-26 15:00

Anglers in Venezuela have been raking up oil spills and collecting plastic waste from Lake Maracaibo to try to save the lake that sustains their livelihoods.

President Nicolás Maduro has ordered the implementation of a "rescue, attention and decontamination" plan for the 13,000 sq km lake, one of South America’s largest and one of the oldest in the world. Years of inadequate waste management and neglect of oil industrial infrastructure have polluted the lake, which harbours two-thirds of the country’s oil reserves – and production is expected to increase.

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Categories: Around The Web

Scottish whale watchers’ photos used to gain insights into animals’ habits

The Guardian - Thu, 2023-10-26 15:00

Images taken by public reveal insights into threatened minke whales, including finding the most attention-seeking whale

Snowy is the oldest known minke whale in Europe, while Knobble appears to adore attention – or, at least, the whale has been spotted more than 60 times since 2002, mostly close to the Isle of Mull.

Photographic records of minke whales submitted by members of the public are being published in a digital catalogue, providing insights about the threatened species.

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Australia’s “biggest” green hydrogen project given $69m in new round of funding

RenewEconomy - Thu, 2023-10-26 14:14

Federal government tips $69.2 million into the 2.2GW Central Queensland Hydrogen Hub, described by the state government as the biggest in Australia.

The post Australia’s “biggest” green hydrogen project given $69m in new round of funding appeared first on RenewEconomy.

Categories: Around The Web

Climate “Australia’s next big employer:” Cannon-Brookes joins push for net zero workforce

RenewEconomy - Thu, 2023-10-26 14:12

Cannon-Brookes joins industry led campaign to populate the millions of new climate and energy roles required for Australia to meet net zero by 2050.

The post Climate “Australia’s next big employer:” Cannon-Brookes joins push for net zero workforce appeared first on RenewEconomy.

Categories: Around The Web

CP Daily: Wednesday October 25, 2023

Carbon Pulse - Thu, 2023-10-26 13:34
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Conference sees new set of guidelines for biomass-based CO2 removal projects

Carbon Pulse - Thu, 2023-10-26 13:33
A carbon management firm launched guidelines to mitigate potential adverse impacts related to biomass-based CO2 removal offtake agreements at a conference on Wednesday.
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