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DATA DIVE: Voluntary carbon projects have become better for biodiversity over time

Carbon Pulse - Thu, 2024-09-12 03:19
Nature-based voluntary carbon projects are becoming increasingly beneficial for biodiversity, according to new data from AlliedOffsets that has been shared with and analysed by Carbon Pulse.
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New lawmaker appointed to lead EU directive on green corporate claims

Carbon Pulse - Thu, 2024-09-12 02:53
A new member of the European Parliament from the left-wing Socialists and Democrats group (S&D) has been appointed to lead negotiations on the EU's Green Claims Directive, which aims at tackling greenwashing and sets rules for the corporate use of voluntary carbon credits.
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EU stocktake sees energy security improve, warns of poverty uptick

Carbon Pulse - Thu, 2024-09-12 01:56
Despite disparities across countries and regions, the European Union is on track to ensure its energy security, according to the European Commission's latest annual assessment looking back at what has been achieved so far.
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BRIEFING: Carbon removals facing a price roller coaster as demand outstrips supply

Carbon Pulse - Thu, 2024-09-12 01:42
The high price of carbon removal credits is set to spike before it declines, as new government policies help to drive more buyers to the nascent market, according to speakers at the Carbon Unbound Europe conference on Wednesday.
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Experts call for robust targets in Scottish nature bill

Carbon Pulse - Thu, 2024-09-12 01:25
Scotland urgently needs strong targets to ensure impact in its forthcoming nature bill, covering areas ranging from habitats to species, experts said during a webinar on Wednesday.
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Climate spending under EU pandemic fund likely over-estimated, auditors say

Carbon Pulse - Thu, 2024-09-12 01:00
The EU’s pandemic recovery funds contribution towards climate action and the green transition is likely over-estimated by at least €34.5 billion, the European Court of Auditors (ECA) said on Wednesday.
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Irish farmers and landowners targeted for forestry carbon credit revenue

Carbon Pulse - Thu, 2024-09-12 00:32
One of the largest forestry management firms in Ireland has teamed up with the country’s first certified carbon management company to sell credits in the voluntary market.
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SBTN releases draft guidance on first science-based ocean targets

Carbon Pulse - Thu, 2024-09-12 00:05
The Science Based Targets Network (SBTN) has put out for consultation draft guidance on the first scientific targets for ocean impacts, ahead of the full roll out in 2025.
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‘Chronic threat’ of PFAS firefighting foams raised in 2003 secret UK report

The Guardian - Thu, 2024-09-12 00:00

Exclusive: Environment Agency warned about ‘forever chemicals' 20 years before it started to regulate them

The Environment Agency was warned about the “chronic threat” that firefighting foams containing PFAS “forever chemicals” pose to the environment in 2003, 20 years before it started the process of regulating the chemicals, it can be revealed.

In a 200-page report obtained by the Ends Report via a freedom of information request and shared with the Guardian, consultants commissioned by the Environment Agency conducted an environmental review of firefighting foams with a “particular emphasis on their fluorosurfactant content”.

Continue reading...
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Scottish farmers need more detail about transition to nature-friendly farming as new legislation comes into play -webinar

Carbon Pulse - Wed, 2024-09-11 23:49
There are still many unknowns about what will be required of farmers under an agricultural bill passed by the Scottish government in June, including on the incentives for woodland creation and peatland restoration, a trade body representative told a webinar on Wednesday.
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Brussels aims to rubber-stamp carbon removals framework by year’s end

Carbon Pulse - Wed, 2024-09-11 23:15
The European Commission expects to formalise its Carbon Removals and Carbon Farming (CRCF) regulation by the end of this year, giving it the legal basis on which to set certification methodologies for the first batch of removal techniques next year, a Brussels official confirmed on Wednesday.
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Clean cooking carbon project developer sells all credits through 2024 at $35/t

Carbon Pulse - Wed, 2024-09-11 22:33
A clean cooking project developer has sold all of its carbon credits of a vintage through 2024 at $35 per tonne, its CEO told an event Wednesday, in a sign that demand for 'high-quality' units is there for the voluntary market.
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UK businesses show varied progress towards net zero -survey

Carbon Pulse - Wed, 2024-09-11 22:21
A UK survey on corporate net zero progress found that 73% of respondents consider achieving net zero a medium- or high-priority over the next year, only 65% have committed to the 2050 target, and just 48% have set net zero goals to be met within the next decade.
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Australia releases battery consultation paper prior to funding round open

Carbon Pulse - Wed, 2024-09-11 22:18
Australia has released a consultation paper for entrants to the wide scale battery industry and value chain the nation hopes to build in a bid to further its ambitions as a renewable energy and battery superpower while reducing emissions.
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Natural capital investments could pass $1 trln within two decades, financier says

Carbon Pulse - Wed, 2024-09-11 22:07
Total investments in the natural capital asset class could rise to $1 trillion or more over the next two decades, on the back of revenues from outputs including biodiversity markets, investor New Forests has said.
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Drax urges BECCS support as critical to meeting UK clean power goal by 2030

Carbon Pulse - Wed, 2024-09-11 21:42
Drax is looking to the UK government to begin discussions soon on a contract to support the company’s incoming bioenergy with carbon capture and storage (BECCS) project, to ensure that the plant can contribute to the country’s goal for clean power by 2030, a Drax official said on Wednesday.
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Brazilian carbon developer to market Indigenous-focused biodiversity credits at COP16

Carbon Pulse - Wed, 2024-09-11 21:31
A Brazilian carbon developer and two organisations working with Indigenous communities are piloting a biodiversity credit project in the Amazon state, with two European companies interested in purchasing units after COP16, Carbon Pulse has learned.
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EU announces research project to assess impact of CBAM on its neighbours

Carbon Pulse - Wed, 2024-09-11 21:19
The European Commission has announced fresh funding for a research project that explores the impact of the EU's Emissions Trading Scheme (ETS) and Carbon Border Adjustment Mechanism (CBAM) on neighbouring countries.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-09-11 21:13
European carbon prices rallied on Wednesday morning as weekly positioning data showed that investment funds more than doubled their net short positions last week, triggering a rally as traders looked to test the conviction of bearish bets.
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