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EU carbon and gas prices set to decouple in next five years -Goldman Sachs

Carbon Pulse - Tue, 2024-08-06 20:15
Europe’s carbon market is set to decouple from gas prices in the next five years, as abundant gas supply in the bloc leads to a halving of gas prices and tightness in the carbon market pushes prices up, according to a Goldman Sachs analyst.
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Water firms to be punished for years of sewage leaks

BBC - Tue, 2024-08-06 20:00
Thames Water, Northumbrian Water and Yorkshire Water face fines for repeated sewage leaks.
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Impact Earth plans biodiversity fund of up to $100 mln

Carbon Pulse - Tue, 2024-08-06 19:46
Impact Earth is planning to launch a biodiversity fund that raises between $50-100 million focused on either Latin America or Southeast Asia, similar to its existing Amazon strategy, Carbon Pulse has learned.
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CCS project pipeline ramping up globally, but a lot more cash needed -report

Carbon Pulse - Tue, 2024-08-06 19:34
In order to meet announced targets, the global carbon capture, utilisation, and storage (CCUS) industry will need $160 billion in investment by the end of this decade, with Europe and China leading the storage race.
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Japan to streamline J-Credit generation process for solar projects, promote digital MRV system

Carbon Pulse - Tue, 2024-08-06 19:13
Japan's environment ministry has selected several companies to advance a digital monitoring, reporting, and verification (MRV) system for the creation of domestically issued carbon credits, as the government seeks to make the process quicker and easier for market participants.
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ICVCM gets tough about additionality in renewable energy voluntary carbon methodologies

Carbon Pulse - Tue, 2024-08-06 18:00
Nearly one third of credits will not be able to use the Integrity Council for the Voluntary Carbon Market (ICVCM)’s Core Carbon Principles (CCPs) label, the standard-setting body said Tuesday, while allowing one more methane methodology into the high-integrity category.
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APAC countries must integrate carbon markets to secure better carbon pricing -report

Carbon Pulse - Tue, 2024-08-06 17:51
Countries in the Asia Pacific should develop an integrated market such as the European Union’s emissions trading system (ETS) and synergise different types of carbon markets in the region to create effective carbon price signals, a report released this week suggested.
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Japanese oil major to work with Petronas on carbon project opportunities in Malaysia

Carbon Pulse - Tue, 2024-08-06 17:20
One of Japan's largest oil refiners has teamed up with the trading arm of Petronas, Malaysia's state energy company, to work on voluntary projects that can generate carbon credits in the Southeast Asian country.
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Western Australia’s EPA has made a big call on a major gas expansion. Will state and federal governments back it up? | Adam Morton

The Guardian - Tue, 2024-08-06 16:42

The environmental regulator has a history of backing fossil fuels – that is why its preliminary view on Woodside’s Browse project is extraordinary

The news that the Western Australian Environmental Protection Authority is likely to recommend that a massive gas export development off the state’s north-west shouldn’t go ahead is remarkable, but shouldn’t be.

We don’t know much about what the EPA told Woodside Energy in February about its Browse project off the state’s Kimberley coast. All we have is a line that WAtoday extracted from the EPA – that it had formed a “preliminary view” that the proposal was “unacceptable”.

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Cambodia-focused gold miner joins government-run nature-based solutions project

Carbon Pulse - Tue, 2024-08-06 16:11
An Australia-headquartered junior gold miner has launched what it calls its “first major offset initiative” in the north of Cambodia, several hundred kilometres west of its flagship mine.
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Water companies face £168m fines over sewage spills

BBC - Tue, 2024-08-06 16:05
Thames Water, Northumbrian Water and Yorkshire Water face fines for repeated sewage leaks.
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End of the adventure: council funding cuts imperil Leicester’s playgrounds

The Guardian - Tue, 2024-08-06 15:00

Decade of austerity blamed for impending closure of inner-city spaces that provide meals and outdoor activities

All nine of Leicester’s remaining adventure playgrounds are to lose all their council funding and are beginning the process of shutting down.

Three are already handing out redundancy notices and setting dates for closure in September with playworkers at another warning they are “just a few months behind”.

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Vaccinating badgers more effective than culls in stopping bovine TB, study finds

The Guardian - Tue, 2024-08-06 14:01

Percentage of badgers with bTB fell to zero in Cornish study, raising hopes of end to cull of 210,000 badgers since 2013

A large-scale vaccination programme could help eradicate bovine tuberculosis (bTB) in badgers, according to a first-of-its-kind study with “really promising” results for cattle farmers, whose herds have been devastated by the disease.

Over four years, researchers vaccinated 265 badgers across 12 farms in Cornwall. They found the percentage of badgers testing positive for bTB fell from 16% to zero.

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‘It made me cry’: photos taken 15 years apart show melting Swiss glaciers

The Guardian - Tue, 2024-08-06 14:00

Married couple from Bristol attract awe and abuse on X with photos that show ‘staggering’ changes in the Alps

A tourist has posted “staggering” photos of himself and his wife at the same spot in the Swiss Alps almost exactly 15 years apart, in a pair of photos that highlight the speed with which global heating is melting glaciers.

Duncan Porter, a software developer from Bristol, posted photos that were taken in the same spot at the Rhone glacier in August 2009 and August 2024. The white ice that filled the background has shrunk to reveal grey rock. A once-small pool at the bottom, out of sight in the original, has turned into a vast green lake.

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