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Oman environment authority signs agreement to generate forest carbon credits

Carbon Pulse - Thu, 2024-08-29 02:13
Oman's Environment Authority (EA) has entered into a cooperation agreement with the nation's main energy association (OPAL) in a bid to scale up investment in afforestation carbon projects, according to local reporting this week.
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Revealed: US airlines lobbied EU over its plan to monitor plane emissions

The Guardian - Thu, 2024-08-29 02:00

Lobbyists from Airlines for America argued against European Commission draft rules to report cocktail of pollutants, freedom of information requests show

US airlines lobbied against plans to monitor the damage wrought by planet-heating pollutants pumped out of planes in a previously undisclosed meeting with the European Commission, the Guardian can reveal.

Lobbyists from Airlines for America and some of its member companies met representatives of the European Commission’s climate team in May in a meeting that is not logged on the participants’ pages in the EU transparency register. The commission said the meeting took place at a technical level and that it is under no obligation to publish details of meetings at lower levels of its hierarchy.

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Mexican Yucatan IFM project yields first batch of 380,000 carbon credits

Carbon Pulse - Thu, 2024-08-29 01:36
Developers announced on Wednesday the first tranche of issuance from an improved forest management (IFM) project in Mexico’s Yucatan Peninsula region.
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FEATURE: Voluntary carbon market lacks mechanism to purge disreputable actors

Carbon Pulse - Thu, 2024-08-29 01:28
Voluntary carbon market (VCM) institutions, ranging from registries to ratings agencies and insurers, are often unable to weed out bad actors in repeated infringements with industry standards, lacking consistent policies or criteria to do so, market players told Carbon Pulse.
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INTERVIEW: UK should take a ‘maximalist approach’ to renewables investment to achieve targets

Carbon Pulse - Thu, 2024-08-29 01:07
The UK should redesign its contracts for difference (CfD) scheme to take a ‘maximalist approach’ to renewable energy investment if it is to speed up the rollout of clean energy fast enough to meet its targets, according to a trade body.
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This bird came back from extinction - now scientists in a glider are teaching it to migrate

The Guardian - Thu, 2024-08-29 01:00

Extinct in central Europe for 300 years, 36 northern bald ibis are following an ultralight aircraft on their long-forgotten migration route from Austria to Spain

The northern bald ibis was extinct in central Europe for 300 years. Now, it has returned – and scientist “foster parents” aboard a tiny plane are teaching the birds to fly their long-forgotten migration routes.

Thirty-six of these endangered birds are now following an ultralight aircraft 1,740 miles (2,800km ) from Austria to Spain, on a trip that could take up to 50 days to complete.

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Without new gas, the Australian warns, an ‘energy crisis’ is nigh – but is the scary rhetoric justified?

The Guardian - Thu, 2024-08-29 01:00

Australia needs more gas in the short term because of our sluggish transition to renewables – but at worst the shortfall may lead to some rationing

The gas industry has been unleashing a firehose of rhetoric in recent days over concerns Australia could suffer a shortage of gas.

In a series of articles in the Australian newspaper under the banner “Gas Crisis”, industry figures and the Coalition’s energy spokesman, Ted O’Brien, claim a shortage is going to “destroy” the economy, cause a “crippling energy crisis” and have Australians suffering the ignominy of “cold showers”.

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Verra rejects 37 Chinese rice cultivation projects, sanctions proponents, VVBs

Carbon Pulse - Thu, 2024-08-29 00:55
Verra has taken ‘unprecedented action’ after rejecting 37 rice cultivation projects based in China and also imposing sanctions against the proponents and validation and verification bodies (VVBs) involved, the standard body announced Wednesday.
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Several countries ignoring Glasgow pledge to pump public money into fossil fuels, finds report

Carbon Pulse - Wed, 2024-08-28 23:50
Several countries, including the US, have been violating their commitment to the Clean Energy Transition Partnership (CETP) to reduce public finance for fossil fuel projects, finds a report.
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World reliant on US to reach geological CO2 storage potential -report

Carbon Pulse - Wed, 2024-08-28 23:43
The world will only be able to hit a global storage rate of 16 billion tonnes of CO2 per year by 2050, assuming the US contributes 60% of this total, according to a new scientific paper.
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ICE launches satellite platform to track cocoa and coffee deforestation

Carbon Pulse - Wed, 2024-08-28 23:04
Energy and commodities marketplace Intercontinental Exchange (ICE) will utilise its investment in a satellite data startup to ensure its coffee and cocoa trade meets EU deforestation standards.
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Biodiversity net gain register listing another 16 sites

Carbon Pulse - Wed, 2024-08-28 22:23
The biodiversity net gain (BNG) register in England will list another 16 sites from project developer Environment Bank on its website over the next month, following a partnership tipped to shift the dial on market supply, Carbon Pulse has learned.
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Fintech startup debuts debt financing tool for voluntary carbon project developers 

Carbon Pulse - Wed, 2024-08-28 21:50
A fintech company has introduced a tool that enables carbon project developers to simulate the effects of different debt scenarios on their cash flow, the company announced.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-08-28 21:20
EU carbon allowance prices erased early gains and were slightly down on the day after Wednesday's morning session as weekly positioning data showed investment funds further reducing their bearish bets and a rise in hedging related to coal-fired power generation.
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EU countries fall short of addressing unsustainable fishing, EEA warns

Carbon Pulse - Wed, 2024-08-28 21:01
EU member states are largely failing to promote sustainable fisheries and address marine biodiversity loss, the European Environment Agency (EEA) has warned.
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Harris administration would rein in toxic PFAS chemicals, advocates say

The Guardian - Wed, 2024-08-28 21:00

Records of Kamala Harris and running mate Tim Walz instill hope that progress under Biden could be extended

Public health advocates are optimistic that a Kamala Harris win in the November presidential election in the US would lead to further regulation of PFAS toxic “forever chemicals”, on which the Biden administration has already taken unprecedented regulatory action.

In part that is based on past actions. Last year, Harris’s running mate, the Minnesota governor, Tim Walz, signed bold legislation prohibiting the use of toxic PFAS across a range of common consumer goods from menstrual products to food packaging – a measure that is considered by public health advocates to be among the “strongest bans in the world”.

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IBAT releases guidelines to help companies align with TNFD, GRI

Carbon Pulse - Wed, 2024-08-28 20:33
The Integrated Biodiversity Assessment Tool (IBAT) Alliance has released guidelines to support companies in corporate disclosures that are aligned with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations and the Global Reporting Initiative (GRI) standard.
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Japanese agricultural lender backs biochar industry consortium

Carbon Pulse - Wed, 2024-08-28 20:13
A major agricultural lender in Japan has decided to support an industry consortium that aims to utilise carbon credits created from biochar projects.
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China’s Tianjin to add more companies under local ETS

Carbon Pulse - Wed, 2024-08-28 19:50
The Tianjin municipal government is seeking to expand the coverage of companies regulated under the local emissions trading scheme (ETS).
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Australian miner says committed to ‘real zero’ by 2030, shuns offsets

Carbon Pulse - Wed, 2024-08-28 19:42
Fortescue, one of Australia’s iron ore giants, used Wednesday’s full year financial results presentation to underline its plans to hit zero emissions for Scopes 1 and 2 by the end of this decade despite its diesel-heavy carbon footprint.
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