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US next gen geothermal developer snags major investors for expansion

Carbon Pulse - 18 hours 50 min ago
A US geothermal energy developer has closed a more than $10-million financing deal to boost team expansion in coming months.
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Right-wing attempt to block EU funding for climate NGOs collapses

Carbon Pulse - Tue, 2025-04-01 22:41
A right-wing attempt to curtail funding for environmental NGOs in the European Union collapsed on Monday evening, in a vote before the European Parliament's environment committee.
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Indian developer sells over 60k credits to carbon removal platform

Carbon Pulse - Tue, 2025-04-01 21:45
An Indian project developer has sold over 60,000 carbon credits from several projects to a Denmark-based carbon removal platform, it said in a statement Tuesday.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2025-04-01 21:39
European carbon allowances broke out of a fairly well-established range late on Tuesday morning as stops were triggered, with sources eyeing a traditionally strong month for EUA prices in April, while energy markets also edged higher amid further attacks on energy infrastructure in Ukraine and anticipation of new US tariffs.
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Japan sets up centralised agency for JCM projects, registry

Carbon Pulse - Tue, 2025-04-01 21:31
Japan has established an agency to operate the bilateral Joint Crediting Mechanism (JCM), as the country aims to streamline the process for the creation of Paris-aligned carbon credits.
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EU opens up applications for CBAM importers

Carbon Pulse - Tue, 2025-04-01 20:23
The European Commission on Monday launched the application process for companies seeking to become authorised Carbon Border Adjustment Mechanism (CBAM) declarants.
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FEATURE: The critical changes happening for nature-based solutions in the UK water sector

Carbon Pulse - Tue, 2025-04-01 19:53
The UK water industry has reached a turning point after years of excessive pollution, with new regulatory requirements triggering a fundamental shift towards nature-based solutions (NBS) – with global implications.
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Australian watchdog offers more clarity on emissions reporting

Carbon Pulse - Tue, 2025-04-01 19:43
Australia’s corporate watchdog in charge of overseeing company probity and handing out fines for greenwashing has offered new guidance on mandatory climate disclosures, with advice on how to disclose Scope 3 emissions.
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Japanese trading house, French startup launch investment platform for nature-based projects

Carbon Pulse - Tue, 2025-04-01 19:02
One of Japan's major trading houses has partnered with a French startup to expand their presence in the international voluntary carbon market, with plans to operate an investment platform for nature-based solutions and develop removal projects in Africa.
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Average person will be 40% poorer if world warms by 4C, new research shows

The Guardian - Tue, 2025-04-01 17:58

Experts say previous economic models underestimated impact of global heating – as well as likely ‘cascading supply chain disruptions’

Economic models have systematically underestimated how global heating will affect people’s wealth, according to a new study that finds 4C warming will make the average person 40% poorer – an almost four-fold increase on some estimates.

The study, by Australian scientists, says average global GDP per person will be reduced by 16% even if warming is kept to 2C higher, . This is much higher than previous estimates of a drop of about 1.4%.

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Cost of carbon to weigh on oil refineries in years to come -report

Carbon Pulse - Tue, 2025-04-01 17:45
The mid-term outlook for oil remains relatively strong, but less so for refiners, with more than a fifth of them facing the possibility of closure next decade driven in large part by decarbonisation efforts and carbon taxes, in Europe especially, according to an energy consultancy report.
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Singapore, Peru sign Article 6 implementation agreement

Carbon Pulse - Tue, 2025-04-01 17:02
Singapore has signed an implementation agreement on carbon credits with Peru under Article 6 of the Paris Agreement, marking the city state's first such partnership with a Latin American nation, Singapore's Ministry of Trade and Industry announced on Tuesday.
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Bankruptcy marks final blow for US carbon credit firm tied to celebrity investors, fraud case

Carbon Pulse - Tue, 2025-04-01 15:08
A US-based, celebrity-endorsed carbon offsets company in the middle of a $145-million fraud case launched against its co-founder has filed for bankruptcy.
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Outback Queensland inundated by worst flooding in 50 years – video

The Guardian - Tue, 2025-04-01 15:03

The flood-affected area in outback Queensland has grown to double the size of Victoria after experiencing its worst deluge in 50 years. Water broke the banks of a makeshift levee in Thargomindah in the state's south-west, forcing the evacuation of 100 residents. Stock losses are expected to be catastrophic and more rain is forecast for the coming week

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Global warming of more than 3°C this century may wipe 40% off the world’s economy, new analysis reveals

The Conversation - Tue, 2025-04-01 14:45
To date, projections of how climate change will affect global GDP have been massively underestimated. Timothy Neal, Senior lecturer in Economics / Institute for Climate Risk and Response, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Torrential rains created inland seas in outback Queensland. Soon, they will supersize Kati Thanda-Lake Eyre

The Conversation - Tue, 2025-04-01 14:07
Huge volumes of rain have made parts of western Queensland an inland sea, threatening livestock. Soon, this water will trigger an explosion of life in Lake Eyre. Steve Turton, Adjunct Professor of Environmental Geography, CQUniversity Australia Licensed as Creative Commons – attribution, no derivatives.
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