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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-07-01 21:24
EU carbon allowances started the week brightly as Europe's energy and equity markets rallied in relief at the outcome of the first round of France's parliamentary elections, before tailing off slightly later in the morning as the recent daily pattern appeared to be repeating.
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British scientists verify feasability of new ocean carbon removal technology

Carbon Pulse - Mon, 2024-07-01 20:49
Scientists from a UK research centre have verified the feasibility and potential scalability of a new ocean carbon removal technique, they said Monday.
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UN proposes global fund for sharing benefits derived from plant, animal DNA sequencing

Carbon Pulse - Mon, 2024-07-01 20:46
The UN drafted on Monday a proposal to establish a global fund for sharing some of the multi-trillion dollar revenues derived from products that leverage the use of the DNA sequences of plants, animals, and microbes, known as digital sequence information on genetic resources (DSI).
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Is climate change making hurricanes worse?

BBC - Mon, 2024-07-01 20:10
The number of hurricanes is not increasing, but they are becoming more intense as the world warms.
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Australian cookstove project developer raises $3.75 mln from investors

Carbon Pulse - Mon, 2024-07-01 18:47
A project developer that seeks to decarbonise cooking with the use of smart stoves has raised $3.75 million in its Series-A round.
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Korean securities firm secures Paris-aligned water purification project in Ghana

Carbon Pulse - Mon, 2024-07-01 16:34
A South Korean securities firm is aiming to expand its carbon finance business through participation in a government-backed international greenhouse gas reduction project, which can generate Paris-aligned carbon credits.
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Safeguard Mechanism lays the foundation for Australia’s decarbonisation, but policy misalignment underlines uncertainty, panel hears

Carbon Pulse - Mon, 2024-07-01 16:30
Australia’s reforms to the Safeguard Mechanism have been the lynchpin in driving “overwhelming” interest and activity in the country’s carbon market and has spurred some participants to begin to plan their decarbonisation journey, but key questions hang over other parts of the government’s climate agenda.
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Plastic Free July is a waste of time if the onus is only on consumers

The Conversation - Mon, 2024-07-01 16:10
Millions of people are being urged to take part in Plastic Free July. Yet we know consumer choice is only one part of the picture. Eliminating plastic waste requires broader structural change. Bhavna Middha, ARC DECRA and Senior Research Fellow, Centre for Urban Research, RMIT University Ralph Horne, Associate Deputy Vice Chancellor, Research & Innovation, College of Design & Social Context, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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World Bank approves $1.5 bln in funding for Indian green hydrogen, carbon markets

Carbon Pulse - Mon, 2024-07-01 15:23
The World Bank has approved $1.5 billion in additional financing to help India accelerate the development of its national carbon market, boost green hydrogen production, and scale up renewable energy capacity.
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Shell trader joins Trafigura carbon desk

Carbon Pulse - Mon, 2024-07-01 14:01
A senior carbon trader with Shell has left to join the emissions desk at trading house Trafigura, Carbon Pulse has learned.
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Gaps in reporting of nitrogen fertiliser use on farms leave an incomplete picture of impacts on water quality

The Conversation - Mon, 2024-07-01 13:32
Only about 61% of dairy farm operators had reported their use of synthetic nitrogen a year after reporting rules came into force. Mike Joy, Morgan Foundation Senior Research Fellow in Freshwater Ecology and Environmental Science, Te Herenga Waka — Victoria University of Wellington Megan Cornforth-Camden, Visiting Scholar, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
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Humpback whale tangled in 800kg of fishing equipment rescued off Gippsland coast

The Guardian - Mon, 2024-07-01 13:21

Rescue operation run by specialised whale disentanglement crews cut off ropes and buoys to let it to swim freely again

A humpback whale which became tangled in 800kg of fishing equipment has been rescued off the Gippsland coast, almost a week after it was first seen to be in trouble.

The whale was spotted near Loch Sport in Central Gippsland on Sunday 23 June by a commercial helicopter, but then disappeared until Friday when it was seen near Lake Tyers off the south-east coast.

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Rescue team cuts 800kg of tangled ropes and buoy from humpback whale off Gippsland coast – video

The Guardian - Mon, 2024-07-01 13:20

The full-size adult whale was first spotted a week earlier with approximately 200 metres of rope and fishing buoys wrapped around it. In a multi-agency operation, rescuers were able to free the animal of 800kg ropes and buoys. However, because of how the rope was wrapped around the whale and safety concerns for rescuers, the crew were not able to disentangle all of the rope. Ellen Dwyer, an incident controller in the rescue team, says they are 'pleased' they have been able to 'successfully remove a significant amount of weight and rope from the whale'

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‘Weird and cool’: bilby genome sequence could help to save the species

The Guardian - Mon, 2024-07-01 12:56

Bilbies have the biggest genome of any marsupial, which could be down to how it evolved its incredible sense of smell

Genetic research has revealed the threatened Australian native bilby – with its ridiculously oversized ears and stretched snout – does not only look odd from the outside.

“Bilbies are weird and cool. The genome has been fascinating,” said Prof Carolyn Hogg, of the University of Sydney, who led research that sequenced the greater bilby’s genome for the first time.

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