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Brazilian national development bank launches $180 mln credit line for forestry investments

Carbon Pulse - 1 hour 24 min ago
The national development of Brazil announced Thursday the launch a R$1 billion ($180 million) credit programme aimed investments in forestry activities that promote native vegetation and capture CO2 from the atmosphere.
Categories: Around The Web

US Department of Energy to provide up to $500 mln for 1PointFive’s South Texas DAC Hub

Carbon Pulse - 1 hour 33 min ago
1PointFive, a subsidiary of oil firm Occidental, has secured up to $500 million in funding from the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of its South Texas Direct Air Capture (DAC) Hub.
Categories: Around The Web

Washington state prioritises additionality, regionality in upcoming CFS amendments

Carbon Pulse - 1 hour 58 min ago
Staff at Washington state’s Department of Ecology (ECY) reviewed forthcoming Clean Fuel Standard (CFS) updates that will incentivise new decarbonisation projects over older ones, showing preference for those that impact the Pacific Northwest (PNW), during a pair of public rulemaking webinars over the past week.
Categories: Around The Web

US renewable fuels producer purchases ethanol plant, CCS facility for $210 mln

Carbon Pulse - 2 hours 21 min ago
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
Categories: Around The Web

Research groups to support four research projects to advance ocean-based CO2 removal

Carbon Pulse - 2 hours 24 min ago
Two research programmes focusing on maritime CO2 removal (mCDR) announced Thursday the selection of four research projects aiming to advance technologies for ocean-based carbon removal.
Categories: Around The Web

Failure to launch: Flowcarbon reportedly refunding investors over shelved crypto-carbon token

Carbon Pulse - 3 hours 5 min ago
Flowcarbon, the climate tech startup co-founded by former WeWork CEO Adam Neumann, has reportedly started refunding investors after failing to launch its blockchain-based “Goddess Nature Token” (GNT).
Categories: Around The Web

First talks at EU Parliament environment committee reveal lawmakers’ fears and expectations

Carbon Pulse - 4 hours 2 min ago
Lawmakers in the European Parliament's environment committee held their first meeting dedicated to climate policy files on Thursday, possibly setting the tone for discussions lying ahead in the coming five-year mandate.
Categories: Around The Web

BRIEFING: Investors lament carbon removal financing gap at industry summit

Carbon Pulse - 4 hours 59 min ago
The investment climate for carbon removal (CDR) remains relatively cool, with difficult hoops for developers to jump through - making hard for them to attract funding, speakers said at an industry summit on Thursday.
Categories: Around The Web

EUA prices likely to rise in next 3-6 months as gas market faces upside risks over winter –analyst

Carbon Pulse - 5 hours 16 min ago
Price risk for EUAs is "skewed to the upside" after recent gas-driven weakness, as upside price risk is increasing for natural gas ahead of the coming winter, according to an analyst at a major international bank who raised their 2024 price forecasts by just under 10% from a previous prediction in March.
Categories: Around The Web

Mystery tremors were from massive nine-day tsunami

BBC - 5 hours 21 min ago
Scientists launched an investigation after being baffled by seismic signals picked up across the world
Categories: Around The Web

Entire Earth vibrated for nine days after climate-triggered mega-tsunami

The Guardian - 5 hours 38 min ago

Landslide in Greenland caused unprecedented seismic event that shows impact of global heating, say scientists

A landslide and mega-tsunami in Greenland in September 2023, triggered by the climate crisis, caused the entire Earth to vibrate for nine days, a scientific investigation has found.

The seismic event was detected by earthquake sensors around the world but was so completely unprecedented that the researchers initially had no idea what had caused it. Having now solved the mystery, the scientists said it showed how global heating was already having planetary-scale impacts and that major landslides were possible in places previously believed to be stable as temperatures rapidly rose.

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Categories: Around The Web

UK faces another autumn and winter of flooding, Met Office warns

The Guardian - 6 hours 24 min ago

The government’s flood resilience taskforce has met for the first time to plan and discuss pre-emptive measures

The UK faces another autumn and winter of destructive floods, the Met Office has warned.

On Thursday, the government flood resilience taskforce met for the first time to discuss how to proceed when – as seems highly likely – homes, farms and businesses are flooded in the coming months.

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Categories: Around The Web

Germany joins mounting calls to halt EU anti-deforestation rules

Carbon Pulse - 6 hours 43 min ago
Germany has joined a growing tide of opponents to the European Union's anti-deforestation law, as the country's Chancellor Olaf Scholz calls on the European Commission to suspend the regulation.
Categories: Around The Web

Airlines ‘suffering’ from lack of CORSIA carbon credit clarity, says aviation executive

Carbon Pulse - 6 hours 50 min ago
Airlines are struggling due to a lack of clarity with CORSIA, the UN's international aviation offsetting scheme, according to an executive at a German aviation group.
Categories: Around The Web

Swiss DAC company needs to raise $9 bln in six years to scale

Carbon Pulse - 7 hours 26 min ago
A Swiss direct air company will require $9 billion to reach its gigatonne-scale ambitions by 2030, a senior figure at the company said on Thursday.
Categories: Around The Web

Scientists hopeful antidote can help protect bumblebees from pesticides

The Guardian - 8 hours 10 min ago

Study suggests hydrogel microparticles increase survival by 30% in bumblebees exposed to lethal doses of neonicotinoids

Scientists have developed a “vaccine” for bees against pesticides – and it appears to work, according to an initial study.

According to the findings, published in Nature Sustainability, hydrogel microparticles fed to bumblebees in sugar water caused a 30% higher survival rate in individuals exposed to lethal doses of neonicotinoids, and significantly milder symptoms in those exposed to lower doses that would not usually be lethal but can cause harm.

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Categories: Around The Web

Canadian CDR firm receives C$2.5 mln investment from major banks

Carbon Pulse - 8 hours 32 min ago
A Canadian carbon removals (CDR) company announced Thursday it has received C$2.5 million ($1.8 mln) from two major banks.
Categories: Around The Web

Colombia proposes nearly tripling carbon tax to about $17.50

Carbon Pulse - 8 hours 41 min ago
Colombia’s finance ministry presented a draft financing bill this week that would almost triple the national carbon tax amid accusations that it remains too low to spur decarbonisation.
Categories: Around The Web

Brazil’s G20 bioeconomy initiative releases 10 principles

Carbon Pulse - 9 hours 7 min ago
The G20 Initiative on Bioeconomy (GIB), led by the Brazilian government, launched 10 principles on Thursday covering topics such as inclusivity, location specificity, and traditional knowledge use.
Categories: Around The Web

CDR offers great salaries in a growing industry, for those lucky to be in the few countries where it exists, industry survey finds

Carbon Pulse - 9 hours 38 min ago
Prospective employees in carbon dioxide removal (CDR) can expect competitive salaries in the small number of countries where it exists, according to a first-of-its kind survey of the sector, but the industry will need to grow rapidly in the coming years if it is to contribute to the world achieving its climate goals.
Categories: Around The Web

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