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Bolivia seeks to sell $1.2 bln carbon securities from protection of forests

Carbon Pulse - Fri, 2025-03-21 01:42
Bolivia plans to issue $1.2 billion of sovereign carbon securities on or before April 15, a company working on the sale told Carbon Pulse.
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Greenpeace verdict is ‘weaponization of legal system’, advocacy groups say

The Guardian - Fri, 2025-03-21 01:41

Campaigners condemn North Dakota jury’s ruling as Greenpeace must pay Energy Transfer at least $660m

The verdict against the environmental group Greenpeace finding it liable for huge damages to a pipeline company over protests has been described by advocacy groups as a “weaponization of the legal system” and an “assault” on free speech and protest rights.

A North Dakota jury decided on Wednesday that Greenpeace will have to pay at least $660m to the pipeline company Energy Transfer and is liable for defamation and other claims over protests in the state in 2016-2017.

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Insurers partner with insurance-tech startup to support CDR projects

Carbon Pulse - Fri, 2025-03-21 01:23
A trio of insurers have agreed to provide capacity for an early-stage carbon credit delivery insurance product to support the CO2 removals (CDR) market.
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UK road authority pitches £240-mln budget for biodiversity net gain, carbon credits

Carbon Pulse - Fri, 2025-03-21 00:49
The UK’s road agency has proposed a budget of up to £240 million for public sector spending on biodiversity net gain (BNG) and carbon credits.
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Soil carbon at risk in European agriculture land, EU research shows

Carbon Pulse - Fri, 2025-03-21 00:42
Soil organic carbon is at risk in large parts of European and UK agricultural land, and any further loss would negatively impact the EU's climate change mitigation efforts and food security, a study by the European Commission's Joint Research Centre has warned.
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FEATURE: EU regulations driving US business action on nature

Carbon Pulse - Fri, 2025-03-21 00:11
EU regulations are gradually encouraging US companies to act on nature despite impacts of the Trump administration, although progress lags behind Europe, according to experts.
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INTERVIEW: Corporates exposed to carbon taxes more interested in buying Article 6 credits, developer says

Carbon Pulse - Thu, 2025-03-20 23:51
There is an increasing demand for Article 6 credits from the private sector, especially from individual companies that are exposed to carbon taxes, a California-headquartered developer told Carbon Pulse.
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Accountancy organisations urge broader climate disclosure standards to prevent greenwashing

Carbon Pulse - Thu, 2025-03-20 23:36
The International Public Sector Accounting Standards Board (IPSASB) should expand the scope of its proposed climate-related disclosure requirements, warn chartered accountancy bodies, who argue that the current approach risks greenwashing.
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Whistleblowers at nuclear sites may face bullying and threats, MPs warn

The Guardian - Thu, 2025-03-20 23:34

Members of public accounts committee raise concerns about culture and call for greater examination

Nuclear whistleblowers who try to draw attention to cultural and safety issues face bullying, MPs have warned.

Members of parliament’s public accounts committee have said they are concerned about the way people who raise concerns about culture and safety on nuclear sites are treated.

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Canada’s Marineland to rehome its whales and dolphins as it seeks a buyer

The Guardian - Thu, 2025-03-20 23:00

Conservationists voice concern that the Ontario theme park will struggle to find suitable homes for its animals

Canada’s embattled Marineland theme park is to raise money to “expeditiously” remove animals from its grounds, including the world’s largest captive beluga population, as it looks for a buyer. But a lack of available sanctuaries in the country suggests finding a home for stranded whales, dolphins and pinnipeds will be a daunting task.

In February, the park won approval to divide its sprawling property so it can take out mortgages on separate parcels, with the aim of using the funds to keep the park operating and to move the animals. In documents filed to the city of Niagara, Marineland said the financing it had secured “requires the owner to remove the marine animals from the property expeditiously”.

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Equinor sticks with net zero target, as investor divests away

Carbon Pulse - Thu, 2025-03-20 22:57
Equinor says it is sticking to its goal of achieving net zero carbon intensity across its direct and indirect emissions, despite a decision last month to ease off its capital expenditure and targets for renewable energy, according to the Norwegian oil and gas giant's updated energy transition plan.
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Flexible electricity demand to surge in Europe amid renewable push, finds report

Carbon Pulse - Thu, 2025-03-20 22:56
Flexibility to turn electricity grid power on and off will need to increase fivefold in major European countries in the run up to 2030 amid a ramp up of renewable supply, an energy consultancy has found.
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Front-December UKA futures prices to end year up 23% year-on-year, ahead of anticipated shortfall –analyst

Carbon Pulse - Thu, 2025-03-20 22:52
UK carbon prices are likely to end the year around 23% higher when the current front-December contract expires on Dec. 15, but are expected to advance more strongly in 2026 as the market surplus turns in to a shortfall, analysts told a webinar on Wednesday.
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SBTi plans for removals may cause more harm than good for CDR industry, webinar hears

Carbon Pulse - Thu, 2025-03-20 22:31
More harm than good could result from the proposal by the Science Based Target initiative (SBTi) to allow companies to use carbon dioxide removal (CDR) credits to meet their hard-to-abate residual Scope 1 emission targets, a webinar heard Thursday.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2025-03-20 22:28
European carbon prices handed back some of Wednesday's 3% gain on Thursday morning amid what some sources said was profit taking, magnified by the weakest auction of the year to date, while energy markets also drifted on further reports that Germany and France are seeking to relax gas storage mandates from 2026.
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Watchdog investigating whether Defra breaking laws on cleaning up English rivers

The Guardian - Thu, 2025-03-20 22:12

Office for Environmental Protection says targets for water quality likely to be missed, and clarifying rules may help

The Office for Environmental Protection (OEP) watchdog has launched an investigation into the UK government over potential failures to clean up England’s rivers under EU-derived laws.

The OEP published a report last year saying that plans to clean up waterways were too generic and did not address specific issues at individual sites. It said plans were being put in place despite low government confidence that their objectives could be achieved.

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EU teases metals industry with announced changes to CBAM for exports

Carbon Pulse - Thu, 2025-03-20 21:34
Steel and aluminium producers have welcomed announced changes to the EU’s Carbon Border Adjustment Mechanism (CBAM) to deal with exports, and called on policymakers to move swiftly into gear in order to protect Europe’s industry.
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US stalls $2.6 bln climate finance package to South Africa -media

Carbon Pulse - Thu, 2025-03-20 21:05
The US is planning to hold up the distribution of $2.6 billion in climate finance to South Africa, raising concerns that the entire funding could be held back, Bloomberg reported Thursday.
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Korea to fund international emissions reduction projects

Carbon Pulse - Thu, 2025-03-20 20:26
South Korea has put out its annual call for proposals that could advance the development of international emissions reduction projects.
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Mining council publishes net gain biodiversity guidance

Carbon Pulse - Thu, 2025-03-20 20:26
The International Council on Mining and Metals (ICMM) published guidance on Thursday that aims to help mining companies ultimately achieve net gain or no net loss of biodiversity.
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