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ANALYSIS: China ETS allocation plan likely to boost liquidity, add selling pressure among emitters

Carbon Pulse - Wed, 2024-07-03 19:21
A carryover mechanism introduced in China's draft permit allocation plan may help boost liquidity and reduce oversupply in the national carbon market, though the arrangement could result in great selling pressure among Chinese emitters. 
Categories: Around The Web

Australian govt introduces Future Made, beefed up ARENA legislation to parliament  

Carbon Pulse - Wed, 2024-07-03 18:52
The federal government introduced its Future Made in Australia legislation to parliament Wednesday, designed in part to unlock some A$22.7 billion ($15.1 bln) in public funding over the next decade to drive investment into industries that will transition the country to net zero emissions and, the government hopes, turn it into a renewable energy superpower.
Categories: Around The Web

Japanese consortium to pilot urban DAC technology

Carbon Pulse - Wed, 2024-07-03 18:52
A group of Japanese companies will pilot a technology that captures CO2 in urban spaces and uses it to grow vegetables and other plants that can be sold on the spot at places like railway stations in one of the country’s biggest cities.
Categories: Around The Web

Blackbird numbers plummet in south of England amid potential spread of virus

The Guardian - Wed, 2024-07-03 16:00

Experts believe songbird is suffering from Usutu virus, first detected in UK in 2020

Beloved by Shakespeare and the Beatles, the blackbird and its sweet song have captured the imagination of Britons for centuries.

But now the songbird is facing decline, and the British public has been asked to contribute to a survey by the British Trust for Ornithology (BTO) to find out why.

Continue reading...
Categories: Around The Web

Survey of Australian biodiversity offset sites finds 30% in worse condition than before

Carbon Pulse - Wed, 2024-07-03 15:16
A study commissioned by the Australian government on its biodiversity offset sites has found that 30% of the areas surveyed were in worse condition than before the projects started, and found missing, incomplete, and incorrect information in many of the projects' documentation.
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Is an electric bike right for you? Here’s what to consider before you buy

The Conversation - Wed, 2024-07-03 13:59
Mass adoption of e-bikes in Australia requires better infrastructure, new government regulation and price incentives. But you can still enjoy the benefits now. Muhammad Rizwan Azhar, Lecturer of Chemical Engineering, Sustainable Energy and Resources, Edith Cowan University Waqas Uzair, Research Associate, Advanced Battery Systems and Safety, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.
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Korean power supplier secures government-backed Article 6 biofuel conversion project in Uzbekistan

Carbon Pulse - Wed, 2024-07-03 13:37
A South Korean power company has secured a government-backed international carbon project in Uzbekistan, as part of Seoul's efforts to obtain Paris-aligned carbon credits through expanding partnerships in Central Asia.
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Rising temperatures, increased wildfires signal shifting US climate -report

Carbon Pulse - Wed, 2024-07-03 08:34
Rising temperatures and a higher rate of wildfires are among the litany of symptoms of evolving climate patterns in the US, according to the fifth edition of a report published by the Environmental Protection Agency (EPA) on climate change indicators.
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UK local government pension fund partnership taps asset managers for £300 mln timberland investment

Carbon Pulse - Wed, 2024-07-03 07:17
A group of UK local government pension funds has appointed two asset managers to allocate hundreds of millions of pounds in investments in timberland projects, some of which are expected to generate “high-quality” carbon offsets.
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Panama launches emissions reporting platform as national carbon market takes form

Carbon Pulse - Wed, 2024-07-03 06:56
The Panamanian environment ministry debuted a new voluntary carbon footprinting portal for the public and private sector on Friday, laying the groundwork for in-country emissions reporting, which forms the first half of plans for a national carbon market.
Categories: Around The Web

US DFC backs $1 bln BTG Pactual-led Latin American reforestation effort with $50 mln investment

Carbon Pulse - Wed, 2024-07-03 06:52
The US International Development Finance Corporation (DFC) has pledged $50 million to catalyse a $1 billion reforestation initiative led by BTG Pactual Timberland Investment Group (TIG) in Latin America.
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