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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-07-29 21:17
European carbon moved back near the top of last week's €64-€69 trading range, coming within 30 cents of a key technical level as the recent robust selling interest was absent from the market on Monday morning, while natural gas rose amid growing evidence of further tropical storms that could impact US LNG exports.
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‘Smarter money’ is the key that will unlock the promise of Africa and the Caribbean

The Guardian - Mon, 2024-07-29 20:07

Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance

After Hurricane Beryl stomped across the Caribbean, days after torrential rainfall destroyed thousands of homes in Ghana and Niger, it was evident that the two regions face many of the same challenges. Weeks of catastrophic events underscore the increasing necessity to transform the world’s financial architecture to support these areas.

Earlier this summer, two big conferences happened simultaneously, about 7,000 miles apart. One in CaribbeanAntigua, and the other in Africa,Kenya. The themes were similar: the financial conundrum and developmental crises plaguing the regions.

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ACCU, NZU futures trade subdued on bourse debut

Carbon Pulse - Mon, 2024-07-29 19:36
The first day of trade for Australian and New Zealand futures contracts on the ASX closed quietly with 1,000 units traded, but prices not given.
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‘Warning sign to us all’ as UK butterfly numbers hit record low

The Guardian - Mon, 2024-07-29 19:31

Conservation charity raises alarm over climate crisis after wet spring and summer dampen mating chances

Butterfly numbers are the lowest on record in the UK after a wet spring and summer dampened their chances of mating.

Butterfly Conservation, which runs the Big Butterfly Count, sounded the alarm after this year’s count revealed the worst numbers since it began 14 years ago.

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Zimbabwe plans for carbon market under new climate change bill

Carbon Pulse - Mon, 2024-07-29 18:03
The Zimbabwean government is moving forward with plans to establish carbon trading mechanisms in its second-largest city, as part of the nation’s new Climate Change Management Bill.
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Relaunched CCER scheme gets boost by Guangdong mangrove plans

Carbon Pulse - Mon, 2024-07-29 17:29
A Chinese company has acquired carbon sink development rights for a mangrove project in Guangdong province, which would potentially make it the first in the country to obtain nationally issued carbon credits from mangrove restoration activities.
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Australia issues tender to develop first methodologies under Nature Repair Market

Carbon Pulse - Mon, 2024-07-29 16:38
The Australian government has issued a call for partners to help develop a pipeline of methods to make projects eligible for earning credits under the Nature Repair Market (NRM), with A$3 million ($2 mln) available in funding during FY2024-25.
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A letter to the editor of First Dog on the Moon: could we please have more good news stories? | First Dog on the Moon

The Guardian - Mon, 2024-07-29 16:18

Here’s one about a bee

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Manila is reeling after a super typhoon. We must prepare fast-growing megacities for worsening disasters

The Conversation - Mon, 2024-07-29 16:05
Disasters are never entirely natural. They can be far worse if they hit unprepared cities, as Manila has just found out. Emily Nabong, PhD Researcher in Civil Engineering, University of Sydney Aaron Opdyke, Senior Lecturer in Humanitarian Engineering, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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Labour must speed up wind power expansion or miss targets, says renewables industry

The Guardian - Mon, 2024-07-29 15:00

Green energy executives say plans for new power projects need to be more ambitious to achieve net zero grid by 2030

Labour’s clean energy targets may already be in jeopardy just weeks after the party came to power with the promise to quadruple Britain’s offshore wind power, according to senior industry executives.

The offshore wind industry has said there will not be enough time to develop the projects needed to create a net zero electricity system by the end of the decade unless ministers increase the ambition and funding of the government’s upcoming “make or break” subsidy auctions.

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We compared land transport options for getting to net zero. Hands down, electric rail is the best

The Conversation - Mon, 2024-07-29 13:45
The only way to reduce soaring transport emissions is to shift as much travel as possible to the lowest-emission option. Robin Smit, Adjunct Professor, School of Civil and Environmental Engineering, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Indonesian coal mine emissions vastly underreported, report says

Carbon Pulse - Mon, 2024-07-29 11:00
Indonesian coal mine emissions are being underreported, with fewer than half of its major miners reporting the methane emissions that occur as part of the mining process, according to a report released Monday.
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The 'upside-down' sex life of a rare Indian frog revealed

BBC - Mon, 2024-07-29 09:25
In India, a species of frogs mate and lay their eggs while upside down, a new study has found.
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Complex life on Earth may be much older than thought

BBC - Mon, 2024-07-29 09:19
Scientists say they have new evidence that complex life on Earth began much earlier than previously believed.
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