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Thai bourse partners with global exchange to develop carbon market infrastructure

Carbon Pulse - Wed, 2025-02-05 04:33
The Stock Exchange of Thailand (SET) has entered into an agreement with an international exchange operator to advance the country's carbon market development, the partners announced Tuesday.
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Philippines lawmakers approve carbon trading bill

Carbon Pulse - Wed, 2025-02-05 03:56
The Philippines House of Representatives on Tuesday approved a bill that would set up a domestic emissions trading scheme with offset provisions as well as task the government with establishing a framework for trading carbon credits under the Paris Agreement.
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LNG ships drive methane higher, as CO2 emissions also rise -EU agencies

Carbon Pulse - Wed, 2025-02-05 03:50
Some progress has been made but reducing CO2 remains a challenge for European shipping, while the increased use of LNG-fueled vessels has led sectoral methane emissions to at least double in the past five years, a joint environmental study by two EU agencies found on Tuesday.
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US transportation agency drops defense of Biden-era highway emissions rule

Carbon Pulse - Wed, 2025-02-05 03:48
A US appeals court issued a ruling Monday dismissing a case on a highway emissions reductions rule from former President Joe Biden after the new Department of Transportation (DOT) dropped its legal defense of the mandate.
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Climate change target of 2C is ‘dead’, says renowned climate scientist

The Guardian - Wed, 2025-02-05 03:31

Prof James Hansen says pace of global heating has been significantly underestimated though other scientists disagree

The pace of global heating has been significantly underestimated, according to renowned climate scientist Prof James Hansen, who said the international 2C target is “dead”.

A new analysis by Hansen and colleagues concludes that both the impact of recent cuts in sun-blocking shipping pollution, which has raised temperatures, and the sensitivity of the climate to increasing fossil fuels emissions are greater than thought.

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Ed Miliband emerges from his bunker to bask in Labour backbench love | John Crace

The Guardian - Wed, 2025-02-05 03:19

Deprived of Rachel Reeves’s affections, the energy secretary revelled in playing climate crisis hero to her villain

He lives!

They seek him here! They seek him there! For the last ten days or so, Ed Miliband has been the Invisible Man. A large number of the cabinet were in Oxfordshire for Rachel Reeves’s growth speech last Wednesday. Ed was not. Those who didn’t make the trip were in the Commons later on for prime minister’s questions as Keir Starmer reinforced the growth message. Ed was not. Some ministers lent their support as Darren Jones gave a statement on growth. Ed did not.

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Temperatures at north pole 20C above average and beyond ice melting point

The Guardian - Wed, 2025-02-05 02:39

Scientists say unusually mild temperatures linked to low-pressure system over Iceland directing strong flow of warm air towards north pole

Temperatures at the north pole soared more than 20C above average on Sunday, crossing the threshold for ice to melt.

Temperatures north of Svalbard in Norway had already risen to 18C hotter than the 1991–2020 average on Saturday, according to models from weather agencies in Europe and the US, with actual temperatures close to water’s melting point of 0C. By Sunday, the temperature anomaly had risen to more than 20C.

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EU official lifts the veil on future ‘Circular Economy Act’ due in 2026

Carbon Pulse - Wed, 2025-02-05 02:10
The European Commission is unlikely to include new resource efficiency targets in its new Circular Economy Act, due in the fourth quarter of 2026, as it contemplates shifting to product regulation rather than setting objectives for EU member states.
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Norway must finalise emissions accounting with EU before sealing Article 6 carbon trade deals

Carbon Pulse - Wed, 2025-02-05 01:41
Norway is waiting to finalise important technical elements of its cooperation with the EU on emissions accounting and climate policy before advancing any deals for international carbon trade under the Paris Agreement, it confirmed in a transparency report published on Tuesday.
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Monarch butterfly numbers plummet in US west coast winter habitats

The Guardian - Wed, 2025-02-05 01:09

Just 9,119 were counted in 2024 – down 96% on previous year and second-lowest mark in nearly three decades

The number of monarch butterflies spending the winter in the western United States has dropped to its second-lowest mark in nearly three decades as pesticides, diminishing habitat and the climate crisis take their toll on the beloved pollinator.

The butterflies, known for their distinctive orange-and-black wings, are found across North America. Monarchs in the eastern US spend their winters in Mexico, while monarchs west of the Rocky Mountains typically overwinter along the California coast.

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Carbon financier cuts jobs, seeks investment amid cash flow squeeze

Carbon Pulse - Wed, 2025-02-05 00:29
A large carbon financier is cutting jobs and seeking fresh investment amid a cash flow squeeze, the company said Tuesday.
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Financial alliance pauses nature transition work

Carbon Pulse - Tue, 2025-02-04 23:41
The influential Glasgow Financial Alliance for Net Zero (GFANZ) is pausing its work on nature in net-zero transition planning to focus on fundraising, it has said.
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Australian port association releases first ever emissions guidelines for tricky sector

Carbon Pulse - Tue, 2025-02-04 23:01
Ports Australia has released reporting guidelines for ports covering Scopes 1, 2, and 3 greenhouse gas emissions, a first of its kind in the country.
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“Big deal” as scientists find most US methane emissions go undetected

Carbon Pulse - Tue, 2025-02-04 23:00
A total 70% of methane emissions from US onshore oil and gas activities comes from smaller, dispersed sources, according to new scientific research published on Tuesday, which calls into question Europe’s growing reliance on imported American LNG.
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Lego partners with investor on US forest carbon project

Carbon Pulse - Tue, 2025-02-04 22:51
Toy producer Lego Group will collaborate with a carbon markets investor on a reforestation project in the US to remove over 500,000 tonnes of CO2 per year, the company announced on Tuesday.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2025-02-04 22:23
European carbon prices extended Monday's sharp losses as natural gas prices joined the sell-off after China announced tariffs on US LNG cargoes, while European equities continued to retreat amid worries over the impact of likely tariffs implemented by Washington.
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Republican senators seek to block US CFTC oversight of voluntary carbon market

Carbon Pulse - Tue, 2025-02-04 21:17
A US Republican senator has introduced a joint resolution under the Congressional Review Act (CRA) to overturn the Commodity Futures Trading Commission’s (CFTC) final guidance on the voluntary carbon market.
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Former Shell trader launches carbon removal firm

Carbon Pulse - Tue, 2025-02-04 20:47
A former Shell trader has left the oil major to establish his own company, which uses agricultural waste to remove carbon emissions.
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Vehicle tyres found to be biggest source of nanoplastics in the high Alps

The Guardian - Tue, 2025-02-04 20:35

Mountaineers now scaling more peaks for first global study of nanoplastics, which can enter lungs and bloodstream

Particles from vehicle tyre wear are the biggest source of nanoplastic pollution in the high Alps, a pioneering project has revealed.

Expert mountaineers teamed up with scientists to collect contamination-free samples and are now scaling peaks to produce the first global assessment of nanoplastics, which are easily carried around the world by winds.

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Australian farmers’ group calls to retain seven ACCU methodologies due for sunset

Carbon Pulse - Tue, 2025-02-04 20:07
The National Farmers’ Federation (NFF) would like to see retained seven of the 19 Australian Carbon Credit Unit (ACCU) methodologies that are due to be phased out, it said in a submission to the government.
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