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New independent body aims to set tough standards for carbon removal

Carbon Pulse - Wed, 2024-08-07 01:15
A new initiative launched on Tuesday aiming to create and maintain rigorous standards for the carbon removal (CDR) industry.
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Pig-nosed turtle among over a dozen new species added to Australia’s list of endangered species

The Guardian - Wed, 2024-08-07 01:00

The number of species recognised as threatened with extinction in Australia now stands at 2,224

Another 13 animals and plants have been added to Australia’s list of threatened species, sparking renewed calls for the federal government to quickly overhaul the country’s nature laws.

The species newly listed as at risk include the pig-nosed turtle (listed as vulnerable), the Dalhousie catfish (critically endangered), Pugh’s sphagnum frog (endangered) and the Coffs Harbour Fontainea, a rainforest tree (critically endangered). Other species are freshwater fish, lizards, flowering shrubs, a daisy and an orchid species.

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Technical UN body updates guidelines for post-2026 CORSIA carbon credit eligibility

Carbon Pulse - Wed, 2024-08-07 00:36
The technical body charged with assessing eligible carbon credit supply in the UN's international aviation offsetting scheme has updated its guidelines for standards applying to have their issuances validated for the post-2026 phase of the programme, with the first assessments to begin next year.
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Biodiversity net gain opacity threatens nature gains, say experts

Carbon Pulse - Wed, 2024-08-07 00:33
Lack of transparency in England’s biodiversity net gain (BNG) scheme is threatening the policy's ability to demonstrate benefits for nature, a government advisory group said in an open letter.
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REDD+ carbon projects bring moderate yet significant impact, study finds

Carbon Pulse - Wed, 2024-08-07 00:26
Public and private REDD+ carbon initiatives have modest yet significant impacts on forest conservation, with considerable variation in outcomes across different projects, according to new meta-analysis.
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Almost 500 chemicals found in England’s rivers and groundwater

The Guardian - Wed, 2024-08-07 00:00

More than half classed as very toxic, toxic or harmful to aquatic life, with 20 categorised as ‘substances of very high concern’

Almost 500 different chemicals, some of which are banned, have been found in various mixtures across all 171 river and groundwater catchments tested in England in 2024, according to data from the Environment Agency, analysed by the Guardian and Watershed Investigations.

More than half of them are classified as very toxic, toxic or harmful to aquatic life, according to the European Chemicals Agency (ECHA), and a banned, carcinogenic “forever chemical” was among 20 “substances of very high concern” found.

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Carbon offset provider launches new high permanence CDR programme 

Carbon Pulse - Tue, 2024-08-06 23:10
A voluntary carbon offset provider has introduced a new CO2 removal (CDR) programme to finance high permanence removal technologies.
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EU-UK ETS link-up would lower costs and frictions, especially for the UK -study

Carbon Pulse - Tue, 2024-08-06 22:56
Relinking the EU and UK emission trading schemes could help the British government avoid foregone revenue of up to £8 billion between 2025 and 2030, making trade more efficient and cost-effective, according to a report published on Tuesday.
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Replacing Norwegian oil and gas with int’l imports would create hundreds of millions of EU emissions

Carbon Pulse - Tue, 2024-08-06 22:55
Replacing future Norwegian oil and gas production with equivalent imports from other regions would increase emissions by 230 million tonnes of CO2 equivalent between 2024 and 2040, according to a report.
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Sewage discharge fines are a damning indictment of the water regulators

The Guardian - Tue, 2024-08-06 22:36

The penalties reflect the failings of the Environment Agency and Ofwat as much as the water companies

Behind the record fines announced by Ofwat for the routine dumping of sewage into rivers and seas by three water companies, there is a voiceless victim, one that does not sit in boardrooms, or get a chance to count dividends. It is our rivers and coastal waters, subjected to years of continuous pollution under the noses of the regulators, which are suffering.

In all likelihood the £168m penalties for the already struggling Thames Water, Yorkshire Water and Northumbrian Water will be followed by fines for the remaining eight water and sewerage companies, all of whom Ofwat is investigating over failure to treat sewage according to the law.

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Verra to publish integrity label guidance for voluntary carbon projects by end of quarter, revise additionality tools

Carbon Pulse - Tue, 2024-08-06 22:34
Voluntary carbon standard Verra confirmed plans to release guidance for projects on the Core Carbon Principles (CCPs) by the end of the quarter, after the Integrity Council for the Voluntary Carbon Market (ICVCM) published its latest eligibility decision on methodologies that saw nearly one-third of the market blocked from the high-integrity stamp.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-08-06 21:25
European carbon prices rebounded on Tuesday, tracking a recovery in volatile global stock and energy markets after they plunged on Monday, as participants continued to point to possible price risk from mounting tensions in the Middle East.
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UK study flags best-suited indicators for boosting nature positive investments in solar farms

Carbon Pulse - Tue, 2024-08-06 21:24
Solar farms have the potential to significantly increase biodiversity in the UK and scale investments in 'nature positive', provided that appropriate metrics for evaluation are established, a report has found.
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Over half of agricultural land could boost tree carbon while maintaining yield -study

Carbon Pulse - Tue, 2024-08-06 21:13
Some 54% of agricultural land globally has potential to increase carbon sequestration through tree planting while maintaining crop and livestock yields, leading to additional carbon storage of 3.3 billion tonnes of CO2 per year, a study has found.
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‘Haul no!’: tribes protest uranium mine trucking ore through Navajo Nation

The Guardian - Tue, 2024-08-06 21:00

Firm moves ore through land without telling tribal leaders as mine resurfaces painful legacy of nuclear development

A coalition of hundreds of environmental activists, Navajo and Havasupai tribal members are protesting the transportation of uranium ore through the Navajo Nation, as a newly opened mine near the Grand Canyon resurfaces a painful legacy of nuclear development.

Located just seven miles south of the famous national park, the controversial Pinyon Plain mine is one of the first uranium mines to open in years as the United States works to boost its nuclear arsenal and energy supply.

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Scientists hope to create a vaccine to cut methane emissions from cattle

Carbon Pulse - Tue, 2024-08-06 20:54
A scientific consortium will conduct a three-year study in search of a proof-of-concept vaccine that can decrease methane emissions in cattle.
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4,000-ha forest to be protected “forever” after investor transfer

Carbon Pulse - Tue, 2024-08-06 20:32
An investor has transferred ownership of an approximately 4,450 hectare forest in the US to non-profits so it can be protected "forever" with benefits for biodiversity, endangered species, and water.
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EU carbon and gas prices set to decouple in next five years -Goldman Sachs

Carbon Pulse - Tue, 2024-08-06 20:15
Europe’s carbon market is set to decouple from gas prices in the next five years, as abundant gas supply in the bloc leads to a halving of gas prices and tightness in the carbon market pushes prices up, according to a Goldman Sachs analyst.
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Water firms to be punished for years of sewage leaks

BBC - Tue, 2024-08-06 20:00
Thames Water, Northumbrian Water and Yorkshire Water face fines for repeated sewage leaks.
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Impact Earth plans biodiversity fund of up to $100 mln

Carbon Pulse - Tue, 2024-08-06 19:46
Impact Earth is planning to launch a biodiversity fund that raises between $50-100 million focused on either Latin America or Southeast Asia, similar to its existing Amazon strategy, Carbon Pulse has learned.
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