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ADB weighs nature credits to fund expansion of migratory bird initiative

Carbon Pulse - Tue, 2024-08-06 14:00
The Asian Development Bank (ADB) will fund consultancy work to determine the potential of nature or biodiversity credits in funding an expansion of an initiative seeking to protect and restore the massive East Asian-Australasian Flyway (EAAF).
Categories: Around The Web

Beijing to auction off 1.5 mln carbon permits under local ETS

Carbon Pulse - Tue, 2024-08-06 11:53
The Beijing municipal government will auction 1.5 million carbon allowances under its pilot emissions trading scheme in early September, with a price floor for the sale to be set later.
Categories: Around The Web

BRIEFING: Argentina protects oil and gas with international arbitration privileges

Carbon Pulse - Tue, 2024-08-06 10:57
Argentine legislation passed recently to boost investment is back in the spotlight due to federal-provincial tensions over a liquefied natural gas (LNG) plant, with key provisions of the law mirroring a controversial energy treaty that the EU opted to exit this year.
Categories: Around The Web

From climate change to landfill, AI promises to solve Earth’s big environmental problems – but there’s a hitch

The Conversation - Tue, 2024-08-06 10:49
There are hopes AI may be the silver bullet we need to save the environment – but it comes with downsides. Ehsan Noroozinejad, Senior Researcher, Urban Transformations Research Centre, Western Sydney University Seyedali Mirjalili, Professor of Artificial Intelligence, Faculty of Business and Hospitality, Torrens University Australia Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Canadian timber company says it sold 600,000 voluntary carbon credits in Q2 for C$19.7 mln

Carbon Pulse - Tue, 2024-08-06 10:49
A New Brunswick-based timber company announced in Q2 financial results last week that it sold 600,000 credits from a Maine improved forest management (IFM) project for C$19.7 million ($14.3 mln), adding that it plans to continue its involvement in the voluntary carbon market (VCM) moving forward.
Categories: Around The Web

RGGI Market: RGAs return from record highs as market faces looming reversal

Carbon Pulse - Tue, 2024-08-06 10:41
RGGI allowance (RGA) prices retreated over the last week from all-time highs, with market observers saying that signs point to a looming return to lower price ranges after valuations on the secondary market have entered historic levels recently.
Categories: Around The Web

LATAM Roundup: Countries choose green policy or foreign investment

Carbon Pulse - Tue, 2024-08-06 10:29
Carbon Pulse rounds up developments in Latin American and Caribbean markets for the week ending Aug. 4, which saw several countries push domestic green industrial transition measures as others courted environmentally damaging sectors in a bid to attract foreign investment.
Categories: Around The Web

Body of man who drowned in Montana national park may have been found

The Guardian - Tue, 2024-08-06 10:27

Glacier national park rangers believe they have recovered remains of Siddhant Vitthal Patil, who fell into creek in July

Glacier national park rangers believe they have recovered the body of a man who drowned over the July 4 weekend, park officials in Montana said.

Siddhant Vitthal Patil, 26, of India fell into Avalanche Creek on 6 July, but the creek was running too fast to recover his body.

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Categories: Around The Web

Analysts reduce CCA price estimates following rulemaking delay, call WCAs overvalued

Carbon Pulse - Tue, 2024-08-06 10:25
Analysts have once again lowered their California Carbon Allowance (CCA) price forecasts to account for the extended rulemaking timeline, and expect Washington Carbon Allowance (WCA) prices to remain steady despite being "overvalued" due to the ongoing threat of a repeal.
Categories: Around The Web

Researchers propose setting a standalone global carbon removal budget

Carbon Pulse - Tue, 2024-08-06 09:01
Researchers from the University of Oxford have proposed establishing a separate budget for carbon removal alongside the existing global carbon budget for CO2 emissions.
Categories: Around The Web

Soft plastics, glass bins and bans on compostable liners: will Victoria’s new recycling proposal be a step forward?

The Conversation - Tue, 2024-08-06 06:20
We all say we like recycling. But contamination rates are high. Victoria’s government hopes a new bin for glass and recycling soft plastic can help. 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.
Categories: Around The Web

Australian gas giant bets on CBAM giving new green ammonia plant price advantage

Carbon Pulse - Tue, 2024-08-06 02:51
Australia’s Woodside Energy has made a surprise $2 billion investment in a Texan clean ammonia plant, hoping the EU's Carbon Border Adjustment Mechanism (CBAM) and contracts-for-difference schemes in Asia will help it command a premium on the market.
Categories: Around The Web

UK govt eases planning rules to boost solar and wind farm development

Carbon Pulse - Tue, 2024-08-06 02:22
The UK government plans to relax planning regulations to make it easier and cheaper to build solar farms and onshore wind turbines across the country.
Categories: Around The Web

FEATURE: Systemic rejections of wind and solar make it hard for Italy to hit climate goals

Carbon Pulse - Tue, 2024-08-06 02:06
Regular rejections to new wind and solar capacity in Italy are a reality check for a country that has just strengthened its climate goals and intends to rely more on renewable energy in the next few years.
Categories: Around The Web

A naked mole rat: the world’s only ‘eusocial’ mammal has an endlessly pregnant queen | Helen Sullivan

The Guardian - Tue, 2024-08-06 01:00

Each piece of information about this xenophobic rodent is worse than the last, but you cannot stop reading

To read about the naked mole rat is to come across information that you wish you never knew – and then to look for more.

The first thing to know about this tunnelling creature is that some people call them sand puppies. The next is that they are the world’s only “eusocial” mammal. What could that mean, you wonder, and you look it up: as it is with termites, so it is with naked mole rats.

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Categories: Around The Web

VCM Report: SBTi uncertainty casts doubt over voluntary carbon market as N-GEO hits fresh low

Carbon Pulse - Tue, 2024-08-06 00:47
Liquidity remained thin and participants cited an uncertain outlook for the voluntary carbon market in the wake of a series of 'confusing' technical documents published by the Science Based Targets initiative (SBTi) last week, which confirmed that a final decision on carbon credit use under the organisation's corporate standard will take place at the end of 2025.
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High-level climate talks suggest headway on Article 6, other COP29 priorities

Carbon Pulse - Mon, 2024-08-05 23:16
Two recent high-level climate meetings have sent promising signs that remaining Article 6 issues will be resolved at COP29, and that governments remain committed to last year's pledge to transition away from fossil fuels, according to an EU source.
Categories: Around The Web

British engineering giant to sell a stake in nuclear business

Carbon Pulse - Mon, 2024-08-05 23:16
A British aerospace and defence company is set to sell a stake in its mini-nuclear power stations arm.
Categories: Around The Web

Analysis suggests Barclays continues to fund US coal power operators

Carbon Pulse - Mon, 2024-08-05 22:52
Barclays bank helped raise $1.7 billion for companies operating coal-fired power plants in the US, apparently exceeding its its commitment to stop financing companies that make more than half their revenue from coal, according to new analysis.
Categories: Around The Web

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