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Pennsylvania Governor Josh Shapiro proposes state cap-and-trade programme, RGGI exit

Carbon Pulse - Thu, 2024-03-14 05:39
Governor Josh Shapiro (D) looks to establish a standalone cap-and-trade programme for the state of Pennsylvania and formally leave the Regional Greenhouse Gas Initiative (RGGI), according to Shapiro’s energy strategy released Wednesday.
Categories: Around The Web

FEATURE: Next wave of orphaned oil and gas wells in the US offers vast methane abatement potential

Carbon Pulse - Thu, 2024-03-14 05:20
The next wave of orphaned oil and gas wells is about to crop up in the US, offering significant potential to generate methane abatement credits.
Categories: Around The Web

Tennis anyone? Bad news for skiers as snow season could shrink by 78% this century

The Conversation - Thu, 2024-03-14 05:15
The two alpine regions projected to suffer the greatest loss of snow cover in the world are in Australia and Aotearoa New Zealand. Adrian McCallum, Discipline Lead - Engineering, University of the Sunshine Coast Licensed as Creative Commons – attribution, no derivatives.
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UK government accused of trying to ‘stoke culture war on climate issues’

The Guardian - Thu, 2024-03-14 05:04

Green MP Caroline Lucas says call for investment in gas-fired power plants is election ploy that will jeopardise UK’s net zero target

Green MP Caroline Lucas has accused the government of stoking a culture war on climate issues by calling for more investment in new gas-fired power plants before a general election.

Lucas used an urgent question in the House of Commons to challenge the energy minister, Graham Stuart, on the plans set out on Wednesday, which could see a string of new plants built in the coming years despite the government’s commitment to phase out fossil fuels.

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WCI Markets: CCAs plummet early in the day as stops triggered

Carbon Pulse - Thu, 2024-03-14 04:59
California Carbon Allowance (CCA) prices plunged early in the day Wednesday, with traders reporting lower stops being triggered and heavy selling ahead of options expiring on Friday.
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Hungary and Poland extend coal mining and power generation

Carbon Pulse - Thu, 2024-03-14 03:58
A coal-fired power station in Hungary and a mine in Poland have been granted more time to operate as part of separate decisions, reported in local media on Wednesday, drawing threats of legal action from environmental groups that say the moves contradict national climate targets.
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Nature-based carbon removal fund boosted by $80 mln

Carbon Pulse - Thu, 2024-03-14 03:40
Two corporations that supply giant technology company Apple have committed to invest a combined $80 mln in a nature-based carbon removal fund.
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Regen Network sells two-thirds of biodiversity credits from jaguar pilot

Carbon Pulse - Thu, 2024-03-14 02:49
Environmental trading platform Regen Network has sold two-thirds of the biodiversity credits available from a jaguar conservation pilot over a 10,000-hectare area in the Ecuadorian jungle, it said on Wednesday.
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Telecommunications firm makes voluntary carbon credit purchase from US direct air capture developer

Carbon Pulse - Thu, 2024-03-14 02:47
A Texas-based telecommunications company will purchase CO2 removal (CDR) credits from a US developer of direct air capture (DAC) facilities, the firms announced Wednesday.
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2030 climate targets ‘within reach’, spotlight now turning to carbon removals, EU says

Carbon Pulse - Thu, 2024-03-14 02:19
The EU is still on track to cut its net greenhouse gas emissions 55% below 1990 levels by 2030 and reach climate neutrality by mid-century – with the help of carbon removals among other emerging technologies, according to a European Commission review of the bloc's progress towards the objectives.
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Whale menopause linked to longer lifespan

BBC - Thu, 2024-03-14 02:02
A study of whales sheds light on the evolutionary puzzle of the menopause.
Categories: Around The Web

UK to launch consultation on carbon and biodiversity credits

Carbon Pulse - Thu, 2024-03-14 01:47
The UK government is planning to launch a consultation to explore how the nascent international biodiversity credit markets can “mutually reinforce” existing carbon credit markets.
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Financial regulators risk overstepping in new proposals for voluntary carbon market, says industry body

Carbon Pulse - Thu, 2024-03-14 01:30
Financial regulators should stick to issuing guidance on voluntary carbon market (VCM) trading and clarifying common definitions instead of regulating projects or imposing requirements such as public pricing, according to an industry body.
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Gaps in ecosystem services database hampering nature policy, study finds

Carbon Pulse - Thu, 2024-03-14 01:00
The capacity of ecosystem service valuation estimates to inform decision-making on nature conservation could be hindered by existing data gaps, a study has found.
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FEATURE: EU weighs up its options on future inclusion of carbon removals in the ETS

Carbon Pulse - Thu, 2024-03-14 00:32
The European Commission will issue a report by July 2026 on how to include carbon removals in the EU ETS, with experts ultimately supportive of the idea but warning of the risks it could pose.
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EU investment bank to invest millions in Mongolian forests

Carbon Pulse - Thu, 2024-03-14 00:26
The international arm of the European Investment Bank, EIB Global, will support projects for urban development and sustainable forestry in Mongolia, under the largest-ever financing agreement signed on Tuesday within the EU Global Gateway initiative.
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Europe’s clean energy boom could be stifled by lagging grid upgrades -report

Carbon Pulse - Thu, 2024-03-14 00:14
Europe’s clean energy boom risks being thwarted by lagging improvements of its electricity grid networks, unless policymakers and operators act quickly to unlock investments, according to analysis released on Wednesday.
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Dutton’s blast of radioactive rhetoric on nuclear power leaves facts in the dust | Temperature Check

The Guardian - Thu, 2024-03-14 00:00

Coalition’s claim of cheap power and quickly built reactors is at odds with real world experience of other countries

We may not yet be entering a nuclear age in Australia, but we would all be best advised to handle the rhetoric around the issue as carefully as we would radioactive waste.

This week opposition leader Peter Dutton said an annual CSIRO report that had included estimates of costs for small modular reactors – which are not yet available commercially – was “discredited” because it “doesn’t take into account some of the transmission costs, the costs around subsidies for the renewables”.

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Categories: Around The Web

ANALYSIS: A high price on EU agricultural emissions could boost fairness without hurting income

Carbon Pulse - Wed, 2024-03-13 23:36
A tax-and-rebate policy could decrease income inequality within the EU’s agricultural sector without affecting total revenues or drawing down national budgets, even at a high carbon price, reseachers say.
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Database, index launch to track DAC development, 20 most traded voluntary carbon credits

Carbon Pulse - Wed, 2024-03-13 23:01
A data resource, launched Wednesday, hopes to shed light on the global development of direct air capture (DAC), while a new index from the same firm will track the price of the most commonly traded credits in the voluntary carbon market.
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