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Bank of England calls for simplification of climate requirements in bid to spur growth

Carbon Pulse - Tue, 2025-01-21 21:59
The Bank of England's Prudential Regulation Authority (PRA) has suggested "there is scope to rationalise" and simplify the climate regulation facing UK financial services in a bid to boost economic growth, in a recent letter sent to Westminster.
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Expert questions marketing of biodiversity net gain units as voluntary credits

Carbon Pulse - Tue, 2025-01-21 20:20
An academic has questioned the marketing of English biodiversity net gain (BNG) units as voluntary biodiversity credits due to issues with the metric.
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A third of the Arctic’s vast carbon sink now a source of emissions, study reveals

The Guardian - Tue, 2025-01-21 20:00

Critical CO2 stores held in permafrost are being released as the landscape changes with global heating, report shows

A third of the Arctic’s tundra, forests and wetlands have become a source of carbon emissions, a new study has found, as global heating ends thousands of years of carbon storage in parts of the frozen north.

For millennia, Arctic land ecosystems have acted as a deep-freeze for the planet’s carbon, holding vast amounts of potential emissions in the permafrost. But ecosystems in the region are increasingly becoming a contributor to global heating as they release more CO2 into the atmosphere with rising temperatures, a new study published in Nature Climate Change concluded.

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Chinese tech giant secures 3 mln nature-based carbon credits

Carbon Pulse - Tue, 2025-01-21 17:55
A Chinese tech major has agreed a deal with a California-based climate finance company for the purchase of nature-based carbon removals to 2040.
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Stargazers to see almost all planets align in the night sky at the same time in rare planetary alignment

The Guardian - Tue, 2025-01-21 16:53

Expert says the planet parade will be best viewed around 21 January and recommends downloading a sky map app to help see when the planets align

Stargazers are being treated to a rare planetary alignment this month, also known as a “planet parade”, with most of the planets visible in the night sky at the same time.

Astrophysicist Dr Rebecca Allen, co-director of Swinburne University’s space technology and industry institute, said it would be a rare opportunity to see so many planets align, especially outer ones such as Neptune.

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Australia more than doubles annual land clearing rate in 2024, analysis finds

Carbon Pulse - Tue, 2025-01-21 16:23
The Australian government approved the clearing of more than 25,000 hectares of threatened species habitat in 2024, more than double compared to the previous year, according to an analysis published Tuesday.
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Gas markets to remain tight in 2025, keeping pressure on carbon, IEA says

Carbon Pulse - Tue, 2025-01-21 16:00
Global gas markets are expected to remain tight in 2025, the International Energy Agency (IEA) said in its quarterly market report on Tuesday, suggesting upward pressure on carbon prices will remain in regions like the European Union.
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Making aluminium uses 10% of Australia’s electricity. Will tax incentives help smelters go green?

The Conversation - Tue, 2025-01-21 15:44
Giving aluminium smelters tax incentives to switch to clean energy is long overdue. The question now is how to accelerate the clean energy rollout Tessa Leach, Research Manager, Industry, at Climateworks Centre, Monash University Anna Malos, Climateworks Country Lead, Australia, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Australia’s CEFC, Rabobank commits A$200 mln to environmental plantings project developers

Carbon Pulse - Tue, 2025-01-21 15:28
The Clean Energy Finance Corporation (CEFC) has announced a programme with Rabobank Australia to commit A$200 million ($124 mln) to help reduce upfront costs of environmental plantings carbon projects in the country.
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Trump vows to leave Paris climate agreement and 'drill, baby, drill'

BBC - Tue, 2025-01-21 13:20
The White House announces a "national energy emergency" to reverse US climate regulations and boost oil and gas.
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US report identifies likeliest regions to discover geologic hydrogen

Carbon Pulse - Tue, 2025-01-21 10:21
A federal report released last week found that there is a high probability that naturally-occurring geologic hydrogen could be found in certain regions of the US, creating more potential for the clean fuel to decarbonise various sectors.
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Low-carbon, floating hotel sets sail for Canadian waterfront

Carbon Pulse - Tue, 2025-01-21 09:50
A Finnish floating real estate developer is proposing a 250-room, low-carbon hotel on Canada's most sought after waterfront.
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US Federal Reserve, four Canadian banks withdraw from net-zero banking alliances

Carbon Pulse - Tue, 2025-01-21 08:55
The US Federal Reserve (Fed) announced that it will be leaving the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in the days leading up to President Donald Trump's return to the White House.
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