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NZ cuts NZU auction volumes by about 50% starting 2025, spot market price surges

Carbon Pulse - Tue, 2024-08-20 07:55
The New Zealand government will dramatically cut the volume of NZUs available at auction from next year, and will maintain the auction price floor, in line with the Climate Change Commission’s recommendations, it announced Tuesday.
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Solar above, batteries below: here’s how warehouses and shopping centres could produce 25% of Australia’s power

The Conversation - Tue, 2024-08-20 06:26
Cities have a large and mostly untapped power source: the rooftops of commercial buildings. Bruce Mountain, Professor and Director, Victoria Energy Policy Centre, Victoria University Licensed as Creative Commons – attribution, no derivatives.
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Residents’ lungs aged ‘more rapidly’ after exposure to smoke from Hazelwood coalmine fire, research shows

The Guardian - Tue, 2024-08-20 03:00

Study finds ‘statistically significant association’ between exposure to fine particles in coalmine fire smoke and aging of lungs, equal to 4.7 years

Retired secondary school teacher Howard Williams remembers watching “a gumtree literally explode from the heat”.

It was the beginning of the Hazelwood coalmine fire, which broke out on 9 February 2014 in the middle of a hot, dry summer.

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Australia on course to miss emissions targets, say analysts

Carbon Pulse - Tue, 2024-08-20 02:24
A handful of trades kept the voluntary carbon market ticking over last week, with the slim pickings mostly confined to low-volume deals, as brokers grow more inclined to promote two-way markets to attract corporate interest.
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VCM Report: Smattering of low-priced trades keeps voluntary carbon market ticking over

Carbon Pulse - Tue, 2024-08-20 02:05
A handful of trades kept the voluntary carbon market ticking over last week, with the slim pickings mostly confined to low-volume deals, as brokers grow more inclined to promote two-way markets to attract corporate interest.
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Germany shrinks funding for climate in its draft budget

Carbon Pulse - Tue, 2024-08-20 01:59
Germany’s coalition government has agreed a diminished draft budget for its national climate and energy transition fund for 2025, and attracted criticism for optimistic assumptions about emissions trading revenue.
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In my war against pigeons, all I have is a broom. But the ‘rats of the sky’ remain unflappable | Calla Wahlquist

The Guardian - Tue, 2024-08-20 01:00

They threaten our drinking water and refuse to budge. But non-lethal methods are the only advisable ways to deal with the infestation

There are eight pigeons living on my shed roof. That itself is a small victory: it has taken two years, 60 metres of anti-bird mesh, daily patrolling for and disposing of eggs and countless hours running around waving a rake to get them out of the shed. They nested in our hay, ruining the top row of bales. They pooed on everything. When we purchased this property, we inherited piles of guano half a foot deep. We haven’t yet relaxed enough to remove the drop cloths.

Now the pigeons are sitting on the eaves, clogging up the gutters (which also supply our drinking water) with poo, and pooing in the stock troughs. When my horse was hospitalised with gastroenteritis, I blamed the pigeons until my vet said that while they do carry salmonella (wonderful!), Mickey would likely be much sicker if he’d caught something from them.

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Biochar registry receives ICROA endorsement

Carbon Pulse - Mon, 2024-08-19 23:32
A carbon standard's biochar registry has received a conditional endorsement from the International Carbon Reduction and Offset Alliance (ICROA), the industry trade group announced on Monday.
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LATAM Roundup: Government interventions increasingly shape national, regional markets

Carbon Pulse - Mon, 2024-08-19 22:46
Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the fortnight ending Aug. 18, which saw state actors make increasingly hands-on interventions in the domestic and regional voluntary carbon market (VCM).
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Insurance broker announces new product for CO2 transport and storage sector

Carbon Pulse - Mon, 2024-08-19 22:42
A global insurance broker and risk advisor has announced the launch of a new insurance solution for the transport and storage of CO2.
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Colombia signs deal with Indigenous Peoples to strengthen ties on nature conservation

Carbon Pulse - Mon, 2024-08-19 22:10
The Colombian ministry of environment has announced an agreement with the Indigenous Peoples of the Amazon to value their contribution and strengthen their participation in conserving and restoring the rainforest in the lead-up to the COP16 UN biodiversity talks.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-08-19 21:54
European carbon prices advanced on Monday morning as demand from coal-fired generation was said to be picking up amid a shift in relative margins from gas to coal for some delivery periods, while energy prices also firmed as gas traders continued to fret over storage levels that are now below 2023 levels.
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US timberland company to issue 100,000 carbon credits in 2024

Carbon Pulse - Mon, 2024-08-19 21:38
A Seattle-headquartered forestry firm will issue 100,000 improved forest management (IFM) carbon credits in 2024, according to the company’s Q2 results.
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Carbon ratings agency partners with UAE bank to ‘bring transparency’ to carbon markets

Carbon Pulse - Mon, 2024-08-19 21:02
A carbon ratings agency has partnered with a bank to “bring transparency to carbon markets in the UAE”, the two companies said on Monday.
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Direct air capture project launches in France touting better energy efficiency

Carbon Pulse - Mon, 2024-08-19 21:00
A direct air capture and storage (DACS) project has launched in France, boasting high energy efficiency and representing the first onshore CO2 removal project of its kind in the EU, the developers claim.
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INTERVIEW: Shanghai Electric launches electrolyser that improves green hydrogen economics

Carbon Pulse - Mon, 2024-08-19 20:49
Shanghai Electric’s latest alkaline electrolyser will help to improve the economics of green hydrogen by being more energy efficient, boasting a higher production rate, an executive told Carbon Pulse.
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Entertainment company buys first biodiversity credits under UK govt-linked voluntary scheme

Carbon Pulse - Mon, 2024-08-19 20:43
An interactive entertainment company has purchased the first batch of biodiversity credits generated through a nature restoration project in the UK at approximately £50 per unit, Carbon Pulse has learned.
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Japan’s MOL, others look to use animal manure to fuel factories, vessels

Carbon Pulse - Mon, 2024-08-19 19:34
A group of six organisations, including Japanese shipping firm  Mitsui OSK Lines (MOL), have come together to launch a feasibility study on the production and use of biomethane from animal manure in order to fuel the country’s factories and vessels, a statement released Monday said.
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Qatari organisation launches Article 6 carbon auction platform

Carbon Pulse - Mon, 2024-08-19 19:20
A Qatar-based organisation has launched a new platform to host the auctioning of Internationally Transferred Mitigation Outcomes (ITMOs), it said Monday.
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