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‘Huge environmental win’: Australia to protect 52% of its oceans, more than any other country, Plibersek says

The Guardian - Tue, 2024-10-08 00:00

Sub-Antarctic marine park expansion welcomed but scientists say some areas important to penguins and seals missed out on sanctuary-level protection

The environment minister, Tanya Plibersek, has declared Australia will soon protect more ocean than any other country after the government finalises a more than 300,000 square kilometre expansion of a sub-Antarctic marine park.

Speaking ahead of what was billed as a global nature positive summit starting in Sydney on Tuesday, Plibersek confirmed the Heard and McDonald Island Marine Park about 4,000 km south-west of Perth would quadruple in size.

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Categories: Around The Web

EU ETS found to have “no significant issues” in market watchdog’s first annual report

Carbon Pulse - Mon, 2024-10-07 23:08
Europe's markets authority said it had not found any "significant issues" in the functioning of the EU ETS during 2023 and did not make any recommendations for additional regulation, in its first annual report on the market published on Monday.
Categories: Around The Web

BRIEFING: All the new climate initiatives to expect from the European Commission’s next five-year term

Carbon Pulse - Mon, 2024-10-07 23:06
The new European Commission headed by Ursula von der Leyen has a wide range of new climate initiatives in store for the next five years, according to the mission letters she sent to her team of 26 commissioners-designate.
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Salmon numbers in England and Wales last year were lowest on record

The Guardian - Mon, 2024-10-07 22:39

Total declared salmon catch estimated at 5,399 fish, down from 6,952 in 2022 – and 20,000 in years up to 2017

Salmon numbers in England and Wales last year were the lowest on record, figures show, as pollution and climate breakdown are killing off the endangered fish.

A report from the Environment Agency and Cefas shows Atlantic salmon stocks in England and Wales have dropped to their lowest level since records began in 1997.

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BNG metric fails to capture invertebrate biodiversity, study says

Carbon Pulse - Mon, 2024-10-07 22:30
The metric used for implementing England's biodiversity net gain (BNG) policy does not accurately capture invertebrate biodiversity abundance, a pre-print paper has suggested.
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Indian state partners with country’s biggest development bank to implement carbon credit framework

Carbon Pulse - Mon, 2024-10-07 22:12
An India state has partnered with the biggest development bank in the country to generate additional carbon credit revenue for smallholder farmers by reducing GHG emissions, the state government has announced.
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BP drops goal to cut oil and gas output, targets new fossil investments -media

Carbon Pulse - Mon, 2024-10-07 22:05
BP has reportedly abandoned its goal to cut oil and gas output by a quarter by 2030 and is instead eyeing investments to scale up output, as management resets the company's energy transition strategy in a bid to regain investor confidence.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-10-07 21:41
European carbon prices dropped sharply from the opening on Monday, reaching a new six-month low before stabilising just above a key psychological and technical level, as the market continued to face up to bearish fundamentals.
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LATAM Roundup: Global industry bets on Brazilian green hydrogen

Carbon Pulse - Mon, 2024-10-07 21:00
Heavy industry on both sides of the Atlantic pinned decarbonisation hopes on clean Brazilian electricity, Peru promised voluntary carbon market (VCM) expansion, and Argentina’s VCM progressed in two sectors in the week ending Oct. 6.
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Taiwan govt committee finalises carbon levy rates, starting at $9/t

Carbon Pulse - Mon, 2024-10-07 20:36
An environment ministry committee has finalised rate recommendations for Taiwan’s upcoming carbon levy scheme, with a starting price of NT$300 ($9.32) per tonne of CO2e for regulated emitters on the island.
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INTERVIEW: African pilots plan to generate biodiversity credits across 300,000 ha

Carbon Pulse - Mon, 2024-10-07 20:28
An initiative to generate biodiversity credits across more than 300,000 hectares in Uganda and Zambia has been speaking with authorities about creating enabling policy, Carbon Pulse has learned.
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Nobel Prize goes to microRNA researchers

BBC - Mon, 2024-10-07 20:21
US scientists Victor Ambros and Gary Ruvkun helped explain how genes work inside the human body.
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Article 6 body adopts sustainable development tool

Carbon Pulse - Mon, 2024-10-07 19:18
The body mandated to shape the UN's Article 6.4 carbon crediting mechanism has adopted a sustainable development tool, as it also scrambles to ready guidance ahead of COP29 next month.
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INTERVIEW: ‘A tonne is not a tonne’ – Changing the approach to voluntary carbon crediting could unlock much-needed scale

Carbon Pulse - Mon, 2024-10-07 19:12
In order to scale, the voluntary carbon sector must shift its approach, adopt a more conservative stance to crediting, and move past the “the myth of fungibility”, a senior executive at Amazon told Carbon Pulse.
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FEATURE: ‘Panic’ as EU’s new green product reporting rules come into effect

Carbon Pulse - Mon, 2024-10-07 19:03
Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.
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Climate warning as world’s rivers dry up at fastest rate for 30 years

The Guardian - Mon, 2024-10-07 18:00

World Meteorological Organization says water is ‘canary in the coalmine of climate change’ and calls for urgent action

Rivers dried up at the highest rate in three decades in 2023, putting global water supply at risk, data has shown.

Over the past five years, there have been lower-than-average river levels across the globe and reservoirs have also been low, according to the World Meteorological Organization’s (WMO) State of Global Water Resources report.

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Australian energy firm partners with Japanese government agency to manage methane emissions

Carbon Pulse - Mon, 2024-10-07 17:29
An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.
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AU Market: ACCU price retreats after bumper September

Carbon Pulse - Mon, 2024-10-07 16:16
The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.
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