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Over-allocated California-Quebec carbon markets to miss 2030 emissions targets -study

Carbon Pulse - Sat, 2024-04-27 11:55
The joint WCI carbon market’s generous allowance budgets are likely to be ineffective in reaching the jurisdictions’ CO2 reduction targets for 2030, academic researchers warn, instead recommending large cap adjustments or widened scopes while likening the cap-and-trade system to an overly complicated carbon tax.
Categories: Around The Web

INTERVIEW: Battling to stay afloat, Rimba Raya slashes headcount while warning credit issuance could more than halve

Carbon Pulse - Sat, 2024-04-27 11:23
Rimba Raya is struggling to keep afloat after the concession holder of the popular Indonesian REDD+ project drastically cut staff numbers and warned there could be a sharp drop in voluntary carbon credit issuance, possibly impacting historical supplies, after it adopts Verra’s new consolidated methodology for avoided deforestation.
Categories: Around The Web

Why Antarctic wildlife is being ‘sunburnt’

BBC - Sat, 2024-04-27 09:12
A wildfire-fuelled ozone hole leaves Antarctic wildlife exposed to potentially damaging levels of UV.
Categories: Around The Web

Compliance builds long-dated CCA holdings, speculators de-risk across rest of North American carbon markets

Carbon Pulse - Sat, 2024-04-27 08:40
Speculators continued to de-risk across North American carbon markets, while WCI compliance entities built vintage 2025 holdings this week, according to data from the US Commodity Futures Trading Commissions (CFTC) released Friday.
Categories: Around The Web

US-based paint producer announces subsidiary to establish carbon capture facility

Carbon Pulse - Sat, 2024-04-27 08:15
A Florida-headquartered paint producer this week unveiled a subsidiary with plans to build a facility in Arizona that will use captured CO2 to manufacture concrete products.
Categories: Around The Web

LATAM Roundup: Latin America’s compliance carbon systems integrate with voluntary market, pursue growth

Carbon Pulse - Sat, 2024-04-27 07:01
Carbon Pulse rounds up recent developments in compliance carbon systems within the Latin America and Caribbean region, taking a look at Brazil's stabilising market for emissions reductions credits from biofuels after a year of rising prices, and summarising the carbon tax regimes that accept offsets.
Categories: Around The Web

US energy-related CO2 emissions reductions decline 2.7% in 2023, driven by power sector

Carbon Pulse - Sat, 2024-04-27 05:39
US energy-related CO2 emissions decreased slightly year-on-year in 2023, largely due to reduced coal-fired electricity generation as natural gas and solar power generation increased, according to federal data.
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Second tranche takes Canadian asset manager’s forest fund to $335 mln

Carbon Pulse - Sat, 2024-04-27 05:12
A major Canadian global asset manager announced on Friday the second close of its forest fund, investing in sustainably managed forests where carbon sequestration is prioritised over timber production.
Categories: Around The Web

Soil management firms to facilitate carbon credit generation for Texas landowners

Carbon Pulse - Sat, 2024-04-27 05:06
Two Texas-based soil management companies are collaborating with the state’s property owners association to engage landowners in nature-based carbon capture initiatives and credit generation.
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Orca calf successfully returned to open water after bold rescue in Canada

The Guardian - Sat, 2024-04-27 04:06

Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon

An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open waters, hailed as “incredible news” by a growing body of human supporters.

The move puts her one step closer to reuniting with her family one month after a tragic accident left her stranded.

Continue reading...
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UN-led panel aims to tackle abuses linked to mining for ‘critical minerals’

The Guardian - Sat, 2024-04-27 03:47

Panel of nearly 100 countries to draw up guidelines for industries that mine raw materials used in low-carbon technology

A UN-led panel of nearly 100 countries is to draw up new guidelines to prevent some of the environmental damage and human rights abuses associated with mining for “critical minerals”.

Mining for some of the key raw materials used in low-carbon technology, such as solar panels and electric vehicles, has been associated with human rights abuses, child labour and violence, as well as grave environmental damage.

Continue reading...
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UK authority issues guidance for finance firms ahead of new anti-greenwashing rule

Carbon Pulse - Sat, 2024-04-27 02:39
The UK's Financial Conduct Authority (FCA) has published guidance aimed at helping financial firms comply with a forthcoming anti-greenwashing rule aimed at building trust in sustainable investments, including to help companies decarbonise. 
Categories: Around The Web

Green hydrogen can help slash curtailment costs in UK by absorbing surplus renewable energy

Carbon Pulse - Sat, 2024-04-27 01:33
The production of green hydrogen during periods of high renewable energy supply could help save the UK hundreds of millions of pounds each year in curtailment costs, according to a report by an engineering company.
Categories: Around The Web

INTERVIEW: Carbon standard to pilot nature stewardship credits in 2025

Carbon Pulse - Sat, 2024-04-27 01:30
Carbon standard Social Carbon plans to release a methodology for 'nature stewardship credits' during the third quarter of this year at the latest, with the first pilots expected to launch in 2025, the company has told Carbon Pulse.
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France to launch first-ever carbon storage projects

Carbon Pulse - Sat, 2024-04-27 01:02
The French government will authorise the construction of its first carbon storage facilities, signing contracts with some of the largest emitters in the country as part of its efforts to reach net zero emissions by 2050, Industry and Energy Minister Delegate Roland Lescure announced on Friday.
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How to ditch disposable cups - and transform the way you enjoy coffee | Maddie Thomas

The Guardian - Sat, 2024-04-27 01:00

These cafes are determined to steer customer habits back away from single-use cups

  • Change by Degrees offers life hacks and sustainable living tips each Saturday to help reduce your household’s carbon footprint
  • Got a question or tip for reducing household emissions? Email us at changebydegrees@theguardian.com

Almost everyone has a reusable cup (or three) in their kitchen cupboard, but the convenience of disposable cups often triumphs on the morning coffee run.

In Australia, an estimated 1.8bn single use coffee cups go to waste each year, and the number exceeds 500bn globally.

Continue reading...
Categories: Around The Web

CBAM must tackle recycled aluminium emissions loophole, industry and NGOs say

Carbon Pulse - Sat, 2024-04-27 00:58
The EU’s carbon border adjustment mechanism (CBAM) will drive up prices of aluminium, as it fails to address a loophole for process scrap that could lead to vast amounts of carbon emissions being imported into the bloc, a report by a consulting firm and a panel of industry and NGO experts warned this week.
Categories: Around The Web

Soil database would boost agricultural biodiversity credits, says Mirova exec

Carbon Pulse - Fri, 2024-04-26 23:38
A soil database for small farmers would help financial institutions scale up the nascent biodiversity credits market, an expert at French investor Mirova has said.
Categories: Around The Web

Callirius, Cula partner to boost monitoring and financing for biochar projects

Carbon Pulse - Fri, 2024-04-26 22:40
A German-based climate finance company and a startup focusing on MRV solutions for durable carbon removal have teamed up to advance biochar projects and verify their climate impact.
Categories: Around The Web

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