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WCI Markets: Traders take profits in CCAs, WCAs ease post auction

Carbon Pulse - Fri, 2024-09-06 12:04
California Carbon Allowance (CCA) prices gave back early week gains as options churn continues to drive short-term volatility, while Washington Carbon Allowances (WCA) slipped after this week’s third quarter auction.
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Australia’s Climate Change Authority to hold off advising 2035 target until after US election

Carbon Pulse - Fri, 2024-09-06 11:05
The Chair of Australia’s Climate Change Authority (CCA) has told local media it will not provide its official advice regarding the country’s 2035 Nationally Determined Contribution (NDC) until after the US election, media reported Thursday.
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Global asset manager acquires US-based emissions reduction tech firm in data centre investment play

Carbon Pulse - Fri, 2024-09-06 10:59
A major global alternative asset manager has acquired a company specialising in emissions reduction technology, in an investment play targeting the sharp rise in power demand from data centres.
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Achieving net zero can only happen “at the speed of trust”, says report

Carbon Pulse - Fri, 2024-09-06 10:14
Establishing the infrastructure needed for a net zero world, such as carbon capture and storage (CCS), can only take place if trust is established among key stakeholders, according to a report authored by an engineering consultancy and academic researchers.
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Germany-based forest management firm branches out with new CEO from South Pole

Carbon Pulse - Fri, 2024-09-06 10:05
A German-based forest management and investment firm has tapped a senior South Pole executive as its new chief executive.
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Three out of four people believe causing environmental damage should be a crime -survey

Carbon Pulse - Fri, 2024-09-06 10:01
Nearly three out of four people in G20 countries believe causing environmental damage should be a criminal offence, according to a survey released on Friday.
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Methane offset developer partners with climate tech firm to enhance digital MRV

Carbon Pulse - Fri, 2024-09-06 09:37
A US-based company focused on plugging abandoned oil and gas wells has partnered with a climate tech network to bolster the digital MRV and standardisation of environmental data used for carbon credit issuances.
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Major US DAC project receives draft CO2 storage permits

Carbon Pulse - Fri, 2024-09-06 09:18
The US Environmental Protection Agency (EPA) published three draft CO2 storage permits associated with a large-scale direct air capture (DAC) facility in Texas on Wednesday, the first such authorisations issued in the state.
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US ethanol producer secures $205 mln financing in exchange for clean fuel tax credits

Carbon Pulse - Fri, 2024-09-06 09:14
A North Dakota-based ethanol producer has secured $205 million through a unique tax equity financing scheme that hinges on transferring its clean energy tax credits to the lender, the company announced Thursday.
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Puffins increase on Farne Islands despite bird flu

BBC - Fri, 2024-09-06 09:08
A census suggests the population has stabilised following the outbreak, with numbers up by 15%.
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Australia has just been handed a map for getting to net zero. Here’s how it will guide us

The Conversation - Fri, 2024-09-06 06:24
Emissions pathways act as a map of the future, showing us how to get from where we are to where we want to be. Anna Malos, Climateworks Centre - Country Lead, Australia, Monash University Josh Solomonsz, Policy Coordinator - Australia, Climateworks Centre Matthew Benetti, Policy Manager (Energy), Climateworks Centre Licensed as Creative Commons – attribution, no derivatives.
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Loss of bats to lethal fungus linked to 1,300 child deaths in US, study says

The Guardian - Fri, 2024-09-06 04:00

Because bats feed on crop pests, their disappearance led to a surge in pesticide use. Research found a rise in infant mortality in areas where the bats had been wiped out

In 2006, a deadly fungus started killing bat colonies across the United States. Now, an environmental economist has linked their loss to the deaths of more than 1,300 children.

The study, published in Science on Thursday, found that farmers dramatically increased pesticide use after the bat die-offs, which was in turn linked to an average infant mortality increase of nearly 8%. Unusually, the research suggests a causative link between human and bat wellbeing.

Continue reading...
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Gold Standard doubles down on engineered carbon removals, consults on activity requirements, reversal risk tool

Carbon Pulse - Fri, 2024-09-06 01:35
Voluntary carbon certifier Gold Standard has launched new calls for feedback on engineered carbon removal activity requirements as well as a tool for reversal risk calculations for geological storage.
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INTERVIEW: Carbon intensity of renewable fuels increasingly factored into contracts

Carbon Pulse - Fri, 2024-09-06 01:31
The carbon intensity of renewable fuels is being increasingly factored into contracts, with an expectation that the final price may be adjusted depending on the carbon intensity of the actual energy source delivered, according to a commodity software company.
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Carbon ratings agency starts to assess risks around ITMO trading

Carbon Pulse - Fri, 2024-09-06 01:13
A carbon credit ratings agency is venturing into the assessment of ITMOs and risks that a country may fail to meet its Paris Agreement goals.
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Ethiopia moves to develop national carbon market strategy

Carbon Pulse - Fri, 2024-09-06 01:09
Ethiopia’s planning and development ministry, working with a UN capacity-building programme, is looking to craft a comprehensive framework for international carbon markets engagement, including participation in Article 6 carbon trading under the Paris Agreement.
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France appoints European Green Deal champion as new prime minister

Carbon Pulse - Fri, 2024-09-06 01:01
Michel Barnier, a former EU commissioner and early champion of the European Green Deal, has been appointed French prime minister.
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