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NGOs plot legal challenge to new gas drilling permit in German North Sea

Carbon Pulse - Thu, 2024-08-15 02:36
Several NGOs are plotting legal action against a new drilling permit for gas extraction off the coast of Germany, they announced Wednesday.
Categories: Around The Web

Voluntary carbon removals standard consults on mineralisation storage modules

Carbon Pulse - Thu, 2024-08-15 02:25
A voluntary carbon standard focused on durable carbon removals is consulting on two new modules concerning CO2 storage via mineralisation.
Categories: Around The Web

Ukraine green lights $20 bln plan to boost renewable energy production by 2030

Carbon Pulse - Thu, 2024-08-15 01:05
Ukraine will need an estimated $20 billion of investments to advance its renewable energy sector under a plan to increase its share in the country's energy mix to 27% by 2030, according to a government announcement this week.
Categories: Around The Web

Fallout from Woodside’s birthday bash shows Australia is far from united in climate fight | Temperature Check

The Guardian - Thu, 2024-08-15 01:00

WA newspaper throws tantrum and Tony Abbott blames ‘climate cult’ after prime minister misses fossil fuel company’s party

If we are looking for something to illustrate Australia’s inability to have any coherent and sustained response to the climate crisis over the past couple of decades, we can find it in the reaction to the fossil fuel giant Woodside’s 70th birthday dinner.

That reaction being a little bit of climate science denial, plus some political patronage and big servings of fossil fuel cheerleading barely disguised as journalism.

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Famous Stonehenge stone came from Scotland not Wales

BBC - Thu, 2024-08-15 01:00
Stonehenge's famous Altar Stone came from Scotland not Wales as previously thought, new analysis shows.
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Famous Stonehenge stone came from Scotland not Wales

BBC - Thu, 2024-08-15 01:00
Stonehenge's famous Altar Stone came from Scotland not Wales as previously thought, new analysis shows.
Categories: Around The Web

Verra implements new project fee for REDD voluntary carbon activities

Carbon Pulse - Thu, 2024-08-15 00:25
Voluntary carbon standard Verra will implement a new fee for projects under its consolidated VM0048 REDD methodology, it announced Wednesday.
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Poland launches €5 bln plan to fund offshore wind farms 

Carbon Pulse - Thu, 2024-08-15 00:01
Poland is starting a nearly €5 billion program funded by the European Union's recovery funds, to offer loans to developers of offshore wind farms in the Baltic Sea, the state assets ministry and national development bank BGK announced on Tuesday. 
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Banks failing to meet their own green commitments, finds analysis

Carbon Pulse - Wed, 2024-08-14 23:49
Major banks are far off track in meeting their climate targets and pledges are often less ambitious than they seem at face value, according to analysis published Wednesday.
Categories: Around The Web

Gas development will drive emissions rise in Australia’s Top End under all scenarios, says govt report

Carbon Pulse - Wed, 2024-08-14 23:10
A government report, obtained by a reporter from Australia's national broadcaster, found the Northern Territory government believes the gas industry will drive up its emissions by 100% even under a conservative scenario.
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Brussels approves Dutch plan to pay livestock farmers to close down

Carbon Pulse - Wed, 2024-08-14 23:05
The European Commission has approved a Dutch plan to provide €700 million of state aid to compensate farmers for voluntarily closing their livestock farming sites to help cut nitrogen emissions, it announced on Wednesday.
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AI-powered drone laser data aims to transform biodiversity measurements

Carbon Pulse - Wed, 2024-08-14 22:45
Cambridge researchers are leveraging the capabilities of drones, lasers, and AI to try to transform the speed and accuracy of assessing biodiversity and carbon in forests.
Categories: Around The Web

BeZero evaluates first DAC carbon project, assigns highest-ever rating 

Carbon Pulse - Wed, 2024-08-14 22:25
Carbon ratings agency BeZero Carbon has this Tuesday issued its highest-ever rating for the first publicly evaluated direct air capture with carbon storage (DACCS) project. 
Categories: Around The Web

Trump’s Project 2025 promises billions of tonnes more carbon pollution – study

The Guardian - Wed, 2024-08-14 22:00

Experts say climate policies contained within rightwing manifesto would wreck US climate targets and cost jobs

The impact of Donald Trump enacting the climate policies of the rightwing Project 2025 would result in billions of tonnes of extra carbon pollution, wrecking the US’s climate targets, as well as wiping out clean energy investments and more than a million jobs, a new analysis finds.

Should Trump retake the White House and pass the energy and environmental policies in the controversial Project 2025 document, the US’s planet-heating emissions will “significantly increase” by 2.7bn tonnes above the current trajectory by 2030, an amount comparable to the entire annual emissions of India, according to the report.

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Categories: Around The Web

India should include power sector in ETS, report says

Carbon Pulse - Wed, 2024-08-14 21:37
India should include the power sector in its planned emissions trading scheme to make it more effective, as exempting it would leave 40% of national greenhouse gas emissions unregulated, according to a report released this week.
Categories: Around The Web

Japan mulls biodiversity net gain scheme to offset river degradation

Carbon Pulse - Wed, 2024-08-14 21:35
The Japanese government is considering establishing a biodiversity offsetting scheme similar to the biodiversity net gain (BNG) law in England to compensate for habitat degradation driven by flood control, chief researchers at the infrastructure ministry have told Carbon Pulse.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-08-14 21:21
European carbon prices were moderately firmer on Wednesday morning after a re-emergence in buying interest after Tuesday's decline, shrugging off a weaker natural gas market as weekly position data showed investment funds had cut their bearish bets to the lowest in two months.
Categories: Around The Web

Nobel laureates denounce dropping of ‘fossil fuels’ from UN draft pact

Carbon Pulse - Wed, 2024-08-14 21:21
A group of 77 former world leaders and Nobel laureates is calling out governments for dropping any mention of fossil fuels and a just transition from the 'Pact for the Future' in negotiation ahead of an upcoming UN summit in New York.
Categories: Around The Web

Green gold: Russian mining company issued first voluntary carbon credits

Carbon Pulse - Wed, 2024-08-14 21:18
A Russian gold mining company has been issued almost 2.2 million voluntary credits by the country’s national carbon registry for emissions reductions linked to cleaner energy usage.
Categories: Around The Web

SK Market: August auction undersubscribed ahead of compliance deadline, price growth potential seen limited

Carbon Pulse - Wed, 2024-08-14 20:40
South Korea’s latest monthly CO2 permit auction was undersubscribed even with the annual compliance deadline rapidly approaching, with analysts expecting the permit price to remain at relatively low levels due to a lasting oversupply in the market.
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