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Landslide inches from luxury homes in California

BBC - Tue, 2024-02-13 09:26
At least three homes in Dana Point, California are under threat after a portion of the cliff they're on gave way.
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Tripling renewables requires $2 trillion per year and pivot from fossil fuel subsidies -report

Carbon Pulse - Tue, 2024-02-13 09:01
Meeting the global goal to triple renewable energy by 2030 will cost $2 trillion per year on average, including $100 billion per year in Sub-Saharan Africa, according to research published on Tuesday.
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EU carbon the worst-performing regional energy market this year as utility, industrial demand slides

Carbon Pulse - Tue, 2024-02-13 08:59
EUAs are the worst-performing regional energy commodity of the year to date, as prices have buckled under a lack of demand and the weight of selling pressure by speculative investors and utilities alike.
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Alberta TIER programme tightens emissions benchmarks across products

Carbon Pulse - Tue, 2024-02-13 08:34
The Alberta Technology and Emission Reduction (TIER) programme published on Monday over a dozen updated benchmarks, tightening allowable emissions levels and raising compliance obligations through to 2030 across multiple sectors.
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RGGI Market: RGAs recede from record highs heading into first auction in 2024

Carbon Pulse - Tue, 2024-02-13 08:20
RGGI allowance (RGA) values retreated amidst high transaction volumes heading into the first auction of the year, following three weeks of unprecedented record prices and lower activity.
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US DOE offers up to $100 mln for pilot-testing of carbon removal initiatives

Carbon Pulse - Tue, 2024-02-13 07:27
The US Department of Energy (DOE) announced Monday funding of up to $100 million towards pilot-scale testing in the development of commercially viable CO2 removal technologies.
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US oil field CO2 equipment firm partners with reforestation non-profit towards planting 1 mln trees

Carbon Pulse - Tue, 2024-02-13 06:15
A supplier of equipment and measurement of GHG leaks announced Monday funding for a tree planting programme as part of its 2030 emissions reductions goals.
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The world’s spectacular animal migrations are dwindling. Fishing, fences and development are fast-tracking extinctions

The Conversation - Tue, 2024-02-13 05:10
Wildebeest herds churning dust. Sturgeon seeking spawning grounds. Shorebirds flying from Siberia. These iconic animal migrations could soon be a memory. Richard Fuller, Professor in Biodiversity and Conservation, The University of Queensland Daniel Dunn, A/Prof of Marine Conservation Science & Director of the Centre for Biodiversity and Conservation Science (CBCS), The University of Queensland Lily Bentley, Postdoctoral research fellow, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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One of NZ’s most contentious climate cases is moving forward. And the world is watching

The Conversation - Tue, 2024-02-13 05:09
By allowing a case against local greenhouse gas emitters to go ahead, the Supreme Court of New Zealand has opened the door to a new front in climate law – one that takes tikanga Māori into account. Vernon Rive, Associate professor, University of Auckland, Waipapa Taumata Rau Licensed as Creative Commons – attribution, no derivatives.
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Germany urged to introduce climate bonus from carbon pricing revenues -media

Carbon Pulse - Tue, 2024-02-13 03:51
Germany should introduce a climate bonus payment to return state revenues from carbon pricing to citizens as compensation for rising costs, according to the head of the International Energy Agency (IEA).
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Canadian carbon offset developer reaches agreement on mangrove project for up to 10 mln credits

Carbon Pulse - Tue, 2024-02-13 02:34
A Vancouver-headquartered nature-based carbon offset project developer announced Monday an agreement with a global project developer for a joint mangrove restoration project in a Mexican state with the potential to generate over 10 million credits.
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VCM Report: Voluntary carbon market struggles for direction awaiting CORSIA and ICVCM clarity

Carbon Pulse - Tue, 2024-02-13 02:16
Standardised voluntary carbon market prices continued on a sideways trajectory last week as participants mulled the work being done by the Integrity Council for Voluntary Carbon Markets (ICVCM), while also awaiting clarity on which units will be eligible for the current CORSIA phase.
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Great Lakes average ice cover drops to 6%, one of lowest levels ever recorded

The Guardian - Tue, 2024-02-13 01:04

Scientists say global heating is driving ice loss and warmer water, as ice cover falls short of 50-year average of 18%

The average ice cover over the five Great Lakes was just 6% last month, placing it among the least icy Januarys since records began 50 years ago, according to the National Oceanic and Atmospheric Administration (Noaa).

The Great Lakes – Superior, Huron, Michigan, Erie and Ontario – are located at or near the US-Canada border, and are connected by a network of smaller lakes and rivers that span a combined surface area of 95,000 sq miles, making it the largest freshwater system in the world.

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‘Litigation terrorism’: the obscure tool that corporations are using against green laws | Arthur Neslen

The Guardian - Tue, 2024-02-13 01:00

Investor-State Dispute Settlements are legal, huge and often hush-hush – and fossil fuel firms and others are using them to hold the planet to ransom

What do you get if you cross the planet’s richest 1%, a global legal system adapted to their investment whims, and the chance to squeeze billions from governments? The answer is “Investor-State Dispute Settlements”, or ISDS, alternatively dubbed “litigation terrorism” by Joseph Stiglitz, the Nobel prize-winning economist. ISDS is a corporate tribunal system, where a panel of unelected lawyers decides whether a company is owed compensation if the actions of national governments leave its assets “stranded”.

In hearings, which are often held behind closed doors, ISDS documents, claims, awards, settlements – even the content of cases – need not be made public, regardless of any public-interest considerations.

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FEATURE: Geoengineering could help curb sea level rise, produce unknown side effects

Carbon Pulse - Tue, 2024-02-13 00:23
Injecting sulphur dioxide into the stratosphere could significantly curb sea level rise induced by global warming, according to researchers behind a new geoengineering study - who also question the reliability of carbon capture and storage (CCS).
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Rural Australia believes in self-sufficiency, so let’s set the terms of the renewable energy boom | Gabrielle Chan

The Guardian - Tue, 2024-02-13 00:00

The consultation and planning around the energy rollout has been lacking – so let’s knock the edges off and get investment that works for our communities

I recently discovered the chest freezer in our shearer’s huts had blown up in a lightning strike. The power had been out for two weeks. It felt like a CSI plot: I’m the woman with the torch, pushing the creaky shed door open to find a cloud of blow flies hovering around a bad smell.

The little bastards had found a tiny breach in the freezer seal. I did my best rendition of Brad Pitt in Se7en – What’s in the box? When I opened the lid, even the maggots had gone to fly heaven. The vestiges of splendid homegrown lamb were a grey mush at the bottom of the freezer.

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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-02-12 22:45
EU carbon prices extended their losses for a fourth consecutive session on Monday, dropping to yet another 23-month low and breaching a key technical level as selling pressure sliced through buying interest before finding some support.
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ANALYSIS: Enthusiasm for mini nuclear reactors is growing in the EU, but tech is far from deployable

Carbon Pulse - Mon, 2024-02-12 22:36
Optimism for the role of Small Modular Reactors (SMRs) in the EU’s future energy system abounds, but, with the nuclear technology still far from ready for the market, some warn that it may prove to be a "dangerous distraction".
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Santander-owned project developer partners with fertiliser producer for permanent carbon removals

Carbon Pulse - Mon, 2024-02-12 22:06
A carbon project developer has teamed up with a Brazilian fertiliser company to scale enhanced rock weathering (ERW) removals, the firms said Monday.
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