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Poland aims for 56% renewables in electricity mix by 2030

Carbon Pulse - Sat, 2024-09-07 01:07
Poland will aim for a 56% share of renewable energy in its electricity mix by 2030, according to the climate ministry, who announced a new target was revealed in the draft of the National Energy and Climate Plan (NECP) this week.
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Hottest summer on record could lead to warmest year ever measured

The Guardian - Sat, 2024-09-07 01:05

This year will more than likely end up the warmest humanity has measured, reports European climate service

Summer 2024 sweltered to Earth’s hottest on record, making it even more likely that this year will end up as the warmest humanity has measured, the European climate service Copernicus reported on Friday.

And if this sounds familiar, that’s because the records the globe shattered were set just last year as human-caused climate change, with a temporary boost from an El Niño, keeps dialing up temperatures and extreme weather, scientists said.

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RGGI auction races to another record clear with strong compliance bid

Carbon Pulse - Sat, 2024-09-07 00:45
The Q3 RGGI auction cleared at a new all-time high, with compliance buyers scooping up two-thirds of the permits offered, results posted Friday showed.
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Experts call for COP16 to address Amazon crimes destroying nature

Carbon Pulse - Fri, 2024-09-06 23:59
Experts on the Amazon have urged action from politicians at the COP16 conference to combat the policies fuelling demand for products from activities like gold mining that are driving biodiversity loss.
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Investors should start with materiality when addressing Scope 3 emissions -report

Carbon Pulse - Fri, 2024-09-06 23:48
Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.
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Analysts propose carbon clearing house to support integration of carbon removals in UK ETS

Carbon Pulse - Fri, 2024-09-06 23:08
In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a 'Carbon Clearing House', to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.
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Wetland restoration project in Italy to sell biodiversity tokens, two European companies to buy

Carbon Pulse - Fri, 2024-09-06 22:39
A wetland restoration project in Italy is set to generate the first batch of tokenised biodiversity credits, with two large European companies ready to buy them, Carbon Pulse has learned.
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INTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch

Carbon Pulse - Fri, 2024-09-06 22:36
As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits - a challenge that could well continue into the second phase, according to one expert.
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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend

Carbon Pulse - Fri, 2024-09-06 22:35
Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong retirement activity from the Paris 2024 Olympic and Paralympic Committee.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2024-09-06 22:21
EU carbon allowance prices halted a three-day losing streak on Friday after prices had fallen close to a key technical support level on Thursday afternoon, gaining support from a second day of increases in TTF gas.
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Higher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts

Carbon Pulse - Fri, 2024-09-06 22:20
EU emissions and carbon prices could rise as a result of the bloc's Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.
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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Carbon Pulse - Fri, 2024-09-06 20:49
An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.
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EU failing to enforce illegal fishing rules, say campaigners

The Guardian - Fri, 2024-09-06 20:39

Activists says EU court ruling on transparency makes mockery of laws to protect the environment

Campaigners have said that the EU is failing to enforce rules on illegal fishing, and allowing member states to conceal information that could help uncover breaches of fishing law.

The court of justice of the EU ruled on Thursday that member states could keep vital details of their implementation of fishing rules under wraps, in a blow to environmental campaigners hoping to use the information to show whether the regulations are working.

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Australian Senate committee recommends passage of Future Made in Australia Bill, despite design concerns

Carbon Pulse - Fri, 2024-09-06 20:00
An Australian Senate cross-party committee has recommended the Future Made in Australia (FMIA) Bill be passed, which would unlock close to A$23 billion ($15 bln) over 10 years to support clean energy and critical minerals development.
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Forest biodiversity unit pilot launches in Congo

Carbon Pulse - Fri, 2024-09-06 19:59
A pilot in the Republic of Congo that aims to generate climate and biodiversity units under the High Integrity Forest Investment Initiative (HIFOR) has been launched by a US-based NGO.
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CN Markets: CEAs moves near 93 yuan, weekly trading volume stable

Carbon Pulse - Fri, 2024-09-06 19:26
Chinese carbon allowance prices saw a modest recovery over the past week with stable trading volumes, as analysts remained cautious about the whole-year price outlook due to a newly introduced policy.
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British govt lobbied to cut biodiversity net gain exemptions

Carbon Pulse - Fri, 2024-09-06 19:25
Eight NGOs and business groups sent a letter to the British government on Thursday asking for the removal of some developer exemptions from the biodiversity net gain (BNG) requirements in England.
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Australia’s cities are losing their colourful and melodious birds. We need to bring back this natural joy | Andres Felipe Suarez-Castro and Rachel Oh for the Conversation

The Guardian - Fri, 2024-09-06 19:07

Our study links urbanisation, particularly the increase in built infrastructure and the loss of green space, to a decline in the bird communities we find most attractive

The birds that fill our mornings with songs and our parks and gardens with colour are disappearing from our cities, our new study has found.

We examined 82 bird species across 42 landscape types in Brisbane. The range of landscapes encompassed parks, bushland reserves, and industrial and residential areas.

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Indonesia targets 367 GW of renewable energy by 2060, as draft second NDC deemed insufficient

Carbon Pulse - Fri, 2024-09-06 18:59
The Indonesian government has outlined plans to target 367 GW of renewable energy capacity by 2060, as analysis found its draft second Nationally Determined Contribution (NDC) to be lacking in ambition.
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Japanese carbon project developer seeks offset development opportunities in Mongolia

Carbon Pulse - Fri, 2024-09-06 17:55
A Japanese carbon project developer has expressed interest in pursuing emissions reduction projects in Mongolia, as it seeks to expand its presence in Asia.
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