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INTERVIEW: Reckless use of AI in biodiversity could lead to “undesirable” outcomes

Carbon Pulse - Thu, 2025-01-16 19:57
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 - Thu, 2025-01-16 19:38
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 - Thu, 2025-01-16 18:12
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 - Thu, 2025-01-16 18:05
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 - Thu, 2025-01-16 17:07
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 - Thu, 2025-01-16 17:00

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 - Thu, 2025-01-16 16:24
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 - Thu, 2025-01-16 16:00

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 - Thu, 2025-01-16 15:40

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 - Thu, 2025-01-16 15:34
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 - Thu, 2025-01-16 14:54
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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Glut of Safeguard Mechanism Credits forces Macquarie to cut ACCU price outlook by 10%

Carbon Pulse - Thu, 2025-01-16 14:12
The larger than expected supply of Safeguard Mechanism Credits (SMC) has led to Macquarie lowering its long-term price forecast for Australian Carbon Credit Units (ACCUs) by 10%.
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BRIEFING: LCFS lawsuits could punt programme back to regulator without interruption -panellists

Carbon Pulse - Thu, 2025-01-16 13:08
Changes to the state’s Low Carbon Fuel Standard (LCFS) face legal challenges from industry and environmental groups, but revisions from California's regulator could enable the programme to continue without interruption, panellists said in a technical conference on Wednesday.
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USDA invests $180 mln in biofuels, clean energy projects

Carbon Pulse - Thu, 2025-01-16 12:51
The US Department of Agriculture (USDA) announced $180 million in funding on Wednesday for nearly 600 projects to support rural low-emission energy projects and expand access to biofuels.
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California withdraws waiver request for advanced clean fleets regulation

Carbon Pulse - Thu, 2025-01-16 10:53
California regulators have officially withdrawn their waiver request for the Heavy-Duty Advanced Clean Fleets (HD ACF) regulation under the Clean Air Act (CAA), marking a significant development in the state’s clean energy policy efforts.
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