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Euro Markets: Midday Update

Carbon Pulse - Tue, 2025-02-11 22:25
European carbon traded largely sideways on Tuesday morning, after forecasts for milder weather triggered early weakness across the energy complex that was recovered by midday.
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INTERVIEW: Governments, financiers urged to back expansion of nature insetting

Carbon Pulse - Tue, 2025-02-11 22:22
A high-level initiative led by governments and financial institutions should be established to expand insetting beyond just carbon, as deep transformation across supply chains is unlikely to happen unless businesses address their impacts on nature, a member of the International Platform for Insetting (IPI) has told Carbon Pulse.
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UK pushes ahead with policy support for new modular nuclear energy technologies

Carbon Pulse - Tue, 2025-02-11 22:14
The UK government has kicked off a second consultation on its guidance for future nuclear energy policy, seeking views on how to expand the policy's scope to enable small and advanced modular reactor technologies, it announced on Tuesday. 
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Brussels urged to submit 2035 climate target to the UN “as soon as possible”

Carbon Pulse - Tue, 2025-02-11 21:34
The EU has an obligation to submit a 2035 climate target to the UN “well before” the COP30 climate summit in November, said a senior European Parliament member from the ruling European People's Party (EPP) – putting pressure on Brussels to deliver “as soon as possible”.
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BP set to scale back green investments as profits drop sharply

BBC - Tue, 2025-02-11 21:30
The oil giant is widely expected to say it will scale back on renewables later this month.
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Microplastics can block blood vessels in mice brains, researchers find

The Guardian - Tue, 2025-02-11 21:00

Scientists observe decreased motor function in rodents exposed to microplastics

Microplastics can move through mice brains and block blood vessels, essentially mimicking blood clots that could potentially be fatal or otherwise disrupt brain function.

The findings are detailed in a peer-reviewed paper for which researchers for the first time used real-time imaging to track bits of plastic as they moved through and accumulated in brain blood vessels. When one piece of plastic got stuck, others accumulated behind it, like a “car crash”, the authors reported.

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Tech firms partner to tackle UK water monitoring challenge

Carbon Pulse - Tue, 2025-02-11 20:33
Two technology companies on Tuesday announced a partnership to scale UK water quality monitoring in a bid to confront the industry's pollution impact on nature.
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Conspiracy theory on methane-cutting cow feed a ‘wake-up call’, say scientists

The Guardian - Tue, 2025-02-11 18:00

Social media storm of misinformation about Bovaer has drawn in Reform UK, the dairy industry and even Bill Gates

Scientists say a recent methane-related conspiracy theory was “a wake-up call” for the industry, reminding them they need to communicate better and more directly with the public.

Over the last few months, Bovaer, a cattle feed additive that is proven to reduce emissions of the greenhouse gas, has been at the centre of a swirl of misinformation, drawing in Reform UK, the dairy industry and even the billionaire Bill Gates.

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EV drivers spend extra £85m on VAT when using public chargers

The Guardian - Tue, 2025-02-11 17:00

Industry says ‘pavement tax’ due to disparity in VAT rates is holding back transition away from fossil fuels

Electric vehicle drivers will spend an extra £85m on UK tax when using public car chargers this year because of a disparity in VAT rates that the industry has said is holding back the transition away from fossil fuels.

Home users of electricity pay just 5% VAT compared with the 20% rate that applies to businesses – including electric car charger operators. That means that people charging a car using public chargers face higher costs.

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It’s straight from the Trump playbook: Labour is tearing up the machinery of government | George Monbiot

The Guardian - Tue, 2025-02-11 16:00

If Starmer and Reeves really want a greener, cleaner, wilder nation, then why attack vital state bodies that are already on their knees?

This might sound astonishing, but the UK government’s core programme now appears to be the same as Donald Trump’s: dismantling the administrative state. There’s less theatre, but the results could prove harder to contest. Absurd? Consider the evidence.

Take the government’s brutal expulsion of the chair of the Competition and Markets Authority, Marcus Bokkerink. His crime, it seems, was to take his role seriously, seeking to prevent the formation of corporate monopolies. He has been replaced with the former manager of Amazon UK, a company widely accused of monopolistic practices. This is pure Trump: kick out the regulator and insert someone from a company they were seeking to regulate.

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Australia passes hydrogen, mineral tax credit scheme

Carbon Pulse - Tue, 2025-02-11 15:42
Australia has passed legislation to provide production tax credits for hydrogen and critical minerals processing in the hopes of kickstarting clean energy industries that have struggled to take wing.
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Nepal submits Article 6.4 project list to the UN

Carbon Pulse - Tue, 2025-02-11 15:32
Nepal has submitted a list of project activities to the UNFCCC that it will consider for carbon credit generation under the Article 6.4 of the Paris Agreement, as part of efforts to meet its Nationally Determined Contribution (NDC).
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Explainer: what does it actually mean to ‘firm’ renewables?

The Conversation - Tue, 2025-02-11 13:09
Everyone knows the sun doesn’t shine at night. That’s where firming technologies help, by stabilising the grid and storing cheap power for later Peta Ashworth, Professor and Director, Curtin Institute for Energy Transition, Curtin University Ehsan Pashajavid, Senior Lecturer in Electrical Engineering, Curtin University Licensed as Creative Commons – attribution, no derivatives.
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BRIEFING: Vermont unveils study of proposed cap-and-invest programme

Carbon Pulse - Tue, 2025-02-11 12:07
Vermont officials unveiled a study of its proposed cap-and-invest programme Monday that detailed a menu of design options the state could adopt to help meet its climate goals, including adding a potential low carbon fuels standard.
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