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EU’s carbon removal certification paves way for ‘climate positive buildings’

Carbon Pulse - Wed, 2024-09-25 21:54
The European Union seeks to encourage carbon storage in wood-based construction products to pave the way for “climate positive buildings”, as the regulators are developing a methodology for measuring CO2 embodied in building materials.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-09-25 21:27
European carbon permit prices ticked up Wednesday morning as investment funds' net short positions built for the fourth consecutive week, with some additional volatility also seeping into the market due to the September options expiry deadline.
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Prince William says make peace with nature

BBC - Wed, 2024-09-25 21:24
The Prince of Wales has issued an urgent call to end the destruction of the environment.
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Global plans for CCS not enough to meet Paris Agreement target, finds report

Carbon Pulse - Wed, 2024-09-25 21:14
Global carbon capture and storage (CCS) deployment will likely be too limited and slow for the world to meet the 1.5C warming target of the Paris Agreement, a report finds.
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67 countries commit to ending plastic pollution by 2040 before final negotiations

Carbon Pulse - Wed, 2024-09-25 20:30
Ministers from 67 countries including the UK, Japan, and Canada have reaffirmed commitments to finalise a legally binding global treaty aimed at ending plastic pollution by 2040, before the final negotiations take place, in a statement published on Wednesday.
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UK government, Dutch bank commit $55 mln to Latin American reforestation strategy

Carbon Pulse - Wed, 2024-09-25 19:56
The UK government and FMO, the Dutch entrepreneurial development bank, announced this week a $55 million commitment to reforestation efforts in Latin America, including in the Cerrado biome, one of Brazil's most biodiverse ecosystems.
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US consulting firm to launch nature credit pilot in Indonesia

Carbon Pulse - Wed, 2024-09-25 19:52
US-headquartered infrastructure consulting firm AECOM has launched a forest restoration project in Indonesia, with plans to pilot nature credits, Carbon Pulse has learned.
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Australia Market Roundup: ACCU Scheme ‘finely balanced’ as regulator issues 740,000 units

Carbon Pulse - Wed, 2024-09-25 19:06
The Australian Carbon Credit Unit (ACCU) Scheme is faced with a plethora of supply, demand, and policy risks that are leading the scheme to be “finely balanced”, according to analysis shared with Carbon Pulse.
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Miner signs on for 360 battery-powered mining haul trucks in decarbonisation push

Carbon Pulse - Wed, 2024-09-25 18:28
A large Australian iron ore miner with huge decarbonisation and green energy dreams took a step closer to achieving that Wednesday with the signing of a $2.8 billion deal to electrify two-thirds of its haul truck fleet in the north of Western Australia.
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Labor’s coalmine expansion approvals undermine its credibility on the global stage | Adam Morton

The Guardian - Wed, 2024-09-25 17:47

How does a massive coal push lasting decades line up with what it has pledged? Leaders of low-lying Pacific nations might appreciate some answers

The most obvious point to make about Tanya Plibersek’s approval of three coalmine expansions on Tuesday is the most important. The potential climate impact is substantial, and far beyond anything else we have seen approved so far by the Albanese government.

Labor has been criticised for its support of new fossil fuel developments before, but the four coal developments it had backed prior to this were relatively small. They are expected to add about 156m tonnes of heat-trapping carbon dioxide to the atmosphere if fully developed.

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Activists board coal train as Albanese government approves three coalmine expansions – video

The Guardian - Wed, 2024-09-25 17:39

Nine climate protesters have stopped a coal train headed to the Port of Newcastle in opposition to the federal government’s approval of three new mining projects. Rising Tide, the group behind the move, said in a statement that the three projects – Whitehaven Coal’s Narrabri thermal coal project to 2066, Mach Energy’s Mount Pleasant thermal coal project to 2058 and Yancoal’s Ashton coal project to 2064 – would create 1.4bn tonnes of emissions

Tanya Plibersek approves three coalmine expansions in move criticised as ‘the opposite of climate action’

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EU greenlights ETS2 scope extension in Netherlands, Austria

Carbon Pulse - Wed, 2024-09-25 17:25
The European Commission gave its green light Tuesday evening to a proposal by The Netherlands and Austria to unilaterally extend the scope of their Emissions Trading Scheme for heating and transport fuels (ETS2) to vehicles used in agriculture, as well as railways, and – in the case of Austria – domestic and international flights.
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Indonesia, Japan seek to promote mutual recognition of carbon trade

Carbon Pulse - Wed, 2024-09-25 17:20
Indonesia and Japan are seeking to finalise an agreement that promotes mutual recognition of bilateral carbon trade this month, a move believed to be aligned with the Paris Agreement Article 6, according to a government official.
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We disrupted the Labour conference because war and climate breakdown was not what Britons voted for | Jack McGinn

The Guardian - Wed, 2024-09-25 17:00

Until the government changes its stance on the environment and the war in Gaza and Lebanon, there is nothing to celebrate

On Monday morning, we walked into the main hall of Labour’s annual conference in Liverpool, before the keynote speech of the chancellor, Rachel Reeves. What we did next, you might have seen.

Shortly after Reeves began her address, two of us stood to speak out on Labour’s complicity in suspected Israeli war crimes, and the party’s ties to climate-wrecking corporations. We were there on behalf of Climate Resistance, a group campaigning to end the cosy relationship between politics and the fossil fuel industry. Just like arms manufacturers, oil companies have been guilty of hindering democratic processes with donations and lobbying, putting human lives on the line for their own profits.

Jack McGinn is a climate activist with Climate Resistance

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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NZ Market: NZU price rangebound with steady, ‘boring’ activity as stockpile expected to fall significantly longer term

Carbon Pulse - Wed, 2024-09-25 16:47
The NZU market has been drifting through calm waters with prices largely rangebound in line with market expectations, as it now looks to the supply shortfalls on the horizon. 
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Labour appoints Rachel Kyte to climate envoy role axed by Sunak

The Guardian - Wed, 2024-09-25 15:00

Appointee was a climate chief at the World Bank and will lead UK’s return to high-level environmental diplomacy

A former climate chief of the World Bank has been appointed to lead the UK’s efforts to forge a global coalition on climate action, the Guardian can reveal.

Rachel Kyte, who previously served as special representative for the UN and a vice-president of the World Bank, will take up the role of climate envoy to lead the UK’s return to the front ranks of global climate diplomacy.

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Surge in minke whales could be down to fewer basking sharks, Hebrides study says

The Guardian - Wed, 2024-09-25 15:00

When sighting rates for basking sharks are high they are low for minke whales, says monitoring programme

The highest ever recorded numbers of minke whales and the lowest number of basking sharks were observed in the Hebrides in 2023, according to a report.

The latest findings of the 20-year monitoring programme by the Hebridean Whale and Dolphin Trust suggest a possible association between these two highly mobile and long-lived species. When sighting rates for basking sharks are high, they are low for minke whales, and vice versa.

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