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EU nations urged to allocate ETS revenues towards climate goals

Carbon Pulse - Tue, 2024-10-08 10:17
The European Union should invest earnings from the carbon market more efficiently towards climate goals, according to a collective call.
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Manawanui sinking: an expert explains why a speedy cleanup will be crucial – and the main challenges ahead

The Conversation - Tue, 2024-10-08 10:10
Damage from the loss of a New Zealand naval ship in Samoa can be limited if salvage and cleanup crews move fast. But the depth at which the ship now lies will be a challenge. Christopher Battershill, Professor in Coastal Science, University of Waikato Licensed as Creative Commons – attribution, no derivatives.
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RGGI Market: RGAs slip further towards 2025 CCR

Carbon Pulse - Tue, 2024-10-08 10:09
RGGI Allowances (RGA) in the secondary market continued their descent over the week as prices adjusted in response to programme updates from the administrator, with traders largely projecting the 2025 Cost Containment Reserve (CCR) value as the near-term level of support.
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US EPA’s own data negates power plant rules’ CCS feasibility -intervenor briefs SCOTUS

Carbon Pulse - Tue, 2024-10-08 09:26
An intervenor on behalf of one of the US states enjoined in an emergency petition to stay the US Environmental Protection Agency’s (EPA) power plant rules drew the attention of the Supreme Court to analyses from the agency showing carbon capture and storage (CCS) technology limitations.
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85% of banks worldwide still open to financing new coal -report

Carbon Pulse - Tue, 2024-10-08 09:01
Some 85% of banks are open to financing new coal projects, and only 8% of banks are committed to ending project financing of new oil and gas fields, according to research published on Tuesday.
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My pilgrimage to the vanishing Sphinx snow patch

BBC - Tue, 2024-10-08 08:00
The Sphinx, a patch of snow thought to be the longest-lasting in the UK, has melted for the fourth consecutive year.
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SCOTUS seeks input from US federal official on merit of fossil fuel lawsuits

Carbon Pulse - Tue, 2024-10-08 07:10
The US Supreme Court is asking the Solicitor General to comment on a challenge from Alabama and 18 other conservative states trying to quash Democrat-led states' lawsuits against oil and gas producers, according to a request made on Monday.
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BRIEFING: Article 6 needs streamlining and specifics, fewer constraints, says carbon industry

Carbon Pulse - Tue, 2024-10-08 06:02
UN negotiators should facilitate private sector involvement in Article 6 through measures designed to streamline deal-making, authorisation, and transaction, but should not over-emphasise central infrastructure or interpret the Paris Agreement to preclude REDD projects, according to a carbon trading industry body.
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Ocean protection accounts for 10% of fish in the world’s coral reefs – but we could save so much more

The Conversation - Tue, 2024-10-08 04:57
What have global efforts to protect oceans actually achieved? Our study of nearly 2,600 tropical coral reefs around the world is the first to answer that question. Joshua Cinner, Professor & ARC Laureate Fellow, Thriving Oceans Research Hub, School of Geosciences, University of Sydney Iain R. Caldwell, Adjunct Senior Research Fellow, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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Advisory group urges Brussels to ensure holistic and long-lasting carbon removals in CRCF

Carbon Pulse - Tue, 2024-10-08 03:27
The European Commission needs to take a holistic approach to the emissions covered in its industrial carbon management policy, extending its oversight to indirect emissions within company's assets, as well as the energy used from carbon management technologies, among other areas, according to recommendations from an advisory group.
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VCM MONTHLY DATA: Shell leads retirees in September as issuances soar to three-year high

Carbon Pulse - Tue, 2024-10-08 03:11
Issuances in the voluntary carbon market (VCM) soared to their highest level in September for three years, while oil major Shell was the largest retiree of credits, according to new analysis of registry data from Carbon Pulse.
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VCM Report: Resurfacing fraud charges undermine confidence, thin liquidity continues

Carbon Pulse - Tue, 2024-10-08 02:34
The integrity of the voluntary carbon market came under the spotlight again last week after charges of fraud were unsealed by US authorities against Ken Newcombe, the former CEO of project developer CQC Impact Investors LLC (CQC), as well as the company's ex-COO and a former managing director, Tridip Goswami, among others.
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Carbon offsetting programme publishes new nature-based methodologies, tools

Carbon Pulse - Tue, 2024-10-08 01:40
An international carbon credit development programme on Monday published two new methodologies and two methodological tools under its nature-based solutions (NBS) programme.
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Comb jellies fuse together when injured, study finds

The Guardian - Tue, 2024-10-08 01:00

Research reveals ‘sea walnuts’ fuse together if they become injured, and nervous systems merge

It might not be what the Spice Girls envisaged when they sang 2 Become 1, but scientists have found comb jellies do actually fuse together if they are injured.

Researchers studying a species of the gelatinous marine invertebrates known as “sea walnuts” said they made the discovery after spotting an unusually shaped individual in the laboratory tank.

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Nature Positive Initiative launches nine draft indicators

Carbon Pulse - Tue, 2024-10-08 00:23
The influential Nature Positive Initiative (NPI) has launched a first set of nine draft nature indicators, with the aim of building consensus on measuring progress towards nature positive.
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Spacecraft launches towards knocked off course asteroid

BBC - Tue, 2024-10-08 00:19
The mission aims to re-visit the asteroid Nasa diverted when it crashed a probe into it.
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PREVIEW: COP16 ‘temperature check’ for world’s pledges on nature

Carbon Pulse - Tue, 2024-10-08 00:07
Delegates from nearly 200 countries will gather in Colombia at the end of this month for the COP16 biodiversity summit, in what observers call "a temperature check" for the world's pledges on nature, amid political divisions on finance mobilisation threatening to hamper the implementation of the landmark Global Biodiversity Framework (GBF).
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‘Huge environmental win’: Australia to protect 52% of its oceans, more than any other country, Plibersek says

The Guardian - Tue, 2024-10-08 00:00

Sub-Antarctic marine park expansion welcomed but scientists say some areas important to penguins and seals missed out on sanctuary-level protection

The environment minister, Tanya Plibersek, has declared Australia will soon protect more ocean than any other country after the government finalises a more than 300,000 square kilometre expansion of a sub-Antarctic marine park.

Speaking ahead of what was billed as a global nature positive summit starting in Sydney on Tuesday, Plibersek confirmed the Heard and McDonald Island Marine Park about 4,000 km south-west of Perth would quadruple in size.

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