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FEATURE: More IMO member states align behind proposed GHG levy for shipping

Carbon Pulse - 1 hour 54 min ago
The prospect of a global emissions levy on shipping is getting closer to reality, according to a recent briefing and document from the UN's International Maritime Organization (IMO).
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CARBON FORWARD MIDDLE EAST: Arab League, voluntary carbon standard to sign Article 6 MoU -executive

Carbon Pulse - 2 hours 1 min ago
The Arab League will next week sign a memorandum of understanding (MoU) with a voluntary carbon standard to build capacity for Paris Agreement carbon markets, an executive told Carbon Forward Middle East in Abu Dhabi on Thursday.
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EU carbon price to slump towards €50 in Trump-inflicted recession scenario -analysts

Carbon Pulse - 2 hours 6 min ago
Benchmark European carbon prices could slump below €50 in the event of a regional recession brought on by US tariffs that may be introduced by President-elect Donald Trump, according to a scenario modelled by analysts.
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Developing different types of CDR can help cut costs for net zero emissions -report

Carbon Pulse - 2 hours 6 min ago
Expanding carbon removal (CDR) portfolios to include a variety of technologies and nature-based solutions can cut costs, reduce reliance on land-intensive methods, and address energy and logistical challenges, a new study has found.
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UK farmland being contaminated by ‘forever chemicals’ linked to cancers, report finds

The Guardian - 2 hours 51 min ago

Levels of PFAS chemicals found in sludge destined for British land would not be considered safe for allotments

Sewage sludge spread on farmland is contaminating soils, water and potentially the food chain with “forever chemicals”, and whistleblowers from the Environment Agency say the systems in place to prevent such pollution are “not fit for purpose”.

Watershed Investigations and the Guardian obtained samples of treated sewage sludge destined to be spread on land from five different catchments, and found levels of PFAS (per- and polyfluoroalkyl substances) forever chemicals that would not be considered safe on allotments, as well as levels of flame-retardant chemicals described by experts as “exceptionally high”.

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The media needs to show how the climate crisis is fueling the LA wildfires

The Guardian - 2 hours 51 min ago

With few exceptions, the news has shied away from showing how the unfolding climate crisis plays a large role in the disaster

Last week, as the Sunset fire was bearing down on her Los Angeles home, Allison Agsten approached a group of television news crews gathering in her neighborhood. Did any of them plan to mention the role of the climate crisis in their reporting?

The question was professional as well as personal for Agsten, who runs a climate journalism center at the University of Southern California and has trained reporters on how to connect the climate crisis to what’s happening in the world. She has lived in her home along Runyon Canyon, near Hollywood, for a decade.

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Thai bourse to operate carbon market, SEC chief says

Carbon Pulse - 3 hours 8 min ago
Thailand’s Securities and Exchange Commission (SEC) chief said this week that the nation’s bourse will introduce carbon trading in a bid to gain experience and boost liquidity.
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INTERVIEW: Reckless use of AI in biodiversity could lead to “undesirable” outcomes

Carbon Pulse - 3 hours 54 min ago
The current lack of attention to the downsides of artificial intelligence (AI) in nature conservation and its broader implications could result in undesirable consequences, including the development of a biased biodiversity credit market, an expert told Carbon Pulse.
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Indian firm sells credits to Google in “world’s biggest biochar deal”

Carbon Pulse - 4 hours 13 min ago
An Indian biochar firm has agreed to sell 100,000 carbon dioxide removals (CDR) credits to technology giant Google, in what it dubbed the “world’s largest industrial biochar offtake agreement” in an announcement on Thursday.
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Rocket launch challenges Elon Musk's space dominance

BBC - 5 hours 39 min ago
Amazon founder Jeff Bezos's space company blasts its first rocket into orbit in a challenge to Elon Musk.
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Nuclear resurgence locked and loaded as SMRs lead the way to a new finance era -IEA

Carbon Pulse - 5 hours 46 min ago
Nuclear energy is set to see a resurgence for a complex conflagration of drivers including decarbonisation plans coupled with the need for reliable baseload power, new electricity demand from the computing sector, nations’ interest in energy self-sufficiency, and a projected fall in costs for new types of nuclear energy like small modular reactors (SMRs), according to the International Energy Agency (IEA).
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New Forests closes A$600 mln Australian, NZ landscape and forestry fund

Carbon Pulse - 6 hours 44 min ago
Global forestry investment manager New Forests has announced the final close of its fund focussing on Australian and New Zealand forestry and landscapes, successfully raising A$600 million ($372 mln).
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Window to stop decline of England’s nature closing fast, watchdog says

The Guardian - 6 hours 51 min ago

Office for Environmental Protection calls for urgent action after finding government is falling short on most targets

The window to stop the decline of England’s nature is swiftly closing, the environmental watchdog has said, as its latest report finds that the government is falling short on most of its targets to improve the environment.

Some of Labour’s actions, however, including setting up a water commission and writing a new environmental improvement plan, were praised by the Office for Environmental Protection (OEP) in its annual review of how the government was meeting the legally binding environment targets.

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India successfully conducts historic space-docking test

BBC - 7 hours 27 min ago
India is only the fourth country in the world with such technology after United States, Russia and China.
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Economic growth could fall 50% over 20 years from climate shocks, say actuaries

The Guardian - 7 hours 51 min ago

Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis

Global economic growth could plummet by 50% between 2070 and 2090 from the catastrophic shocks of climate change unless immediate action by political leaders is taken to decarbonise and restore nature, according to a new report.

The stark warning from risk management experts the Institute and Faculty of Actuaries (IFoA) hugely increases the estimate of risk to global economic wellbeing from climate change impacts such as fires, flooding, droughts, temperature rises and nature breakdown. In a report with scientists at the University of Exeter, published on Thursday, the IFoA, which uses maths and statistics to analyse financial risk for businesses and governments, called for accelerated action by political leaders to tackle the climate crisis.

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New weather system to strike eastern Australia, with Sydney on ‘southern cusp’ of storms

The Guardian - 8 hours 11 min ago

Eastern NSW, particularly northern rivers, and Gold Coast at high risk for severe thunderstorms and winds on Thursday, BoM forecasts

Persistent rain and strong winds will sweep across New South Wales into the weekend, the Bureau of Meteorology predicts, with Sydney on the “southern cusp” of the stormy weather.

Angus Hines, a senior meteorologist at the Bureau of Meteorology, said Sydney’s weather could shift from storms to a “dreary” mix of wind, rain and cloud. It would be “persistently windy” and “quite chilly”, he said.

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Australian voluntary carbon credit cancellations sink in 2024

Carbon Pulse - 8 hours 17 min ago
Voluntary cancellations of Kyoto-era carbon credits in Australia’s national accounts fell by around 45% in 2024, according to recently published data from the Clean Energy Regulator (CER).
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BRIEFING: Changing policy landscape could cloud California’s LCFS outlook

Carbon Pulse - 8 hours 57 min ago
Potential shifts in emissions policies anticipated in part under the new incoming US federal administration, could impact longer term results of California's Low Carbon Fuel Standard (LCFS) scheme, market observers said at a conference Wednesday, while near-term litigation looms large.
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