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RGGI Market: RGAs inch lower amidst illiquidity, programme review muddles

Carbon Pulse - Tue, 2024-10-29 11:44
RGGI allowance (RGA) dipped downwards over the last week as activity remained muted, with the market continuing to await clarity on proposed programme review updates.
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ANALYSIS: Pushback on LCFS amendments persists ahead of upcoming board vote

Carbon Pulse - Tue, 2024-10-29 11:43
California regulator ARB’s second 15-day notice for Low Carbon Fuel Standard (LCFS) amendments remains contentious ahead of the upcoming vote in November, as it falls short of addressing concerns laid out in prior drafts, commenters said, with opposition further fuelled by residents’ fears that the programme would raise retail gas prices.
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Let’s be clear, Peter Dutton’s energy plan is more focused on coal and gas than it is on nuclear power | Adam Morton

The Guardian - Tue, 2024-10-29 11:43

It seems reasonable to call the Coalition’s policy what it primarily is: a proposal to expand fossil fuels

Some news you may not have clocked last week while the focus was on important things like a royal tour: 44 of the world’s top climate scientists, including four decorated Australian professors, released an open letter warning that ocean circulation in the Atlantic is at serious risk of collapse sooner than was previously understood.

They said a string of studies suggested the Intergovernmental Panel on Climate Change, a body backed by nearly 200 countries, had greatly underestimated the possibility that the Atlantic meridional overturning circulation – or Amoc, a system of ocean currents that brings heat into the northern Atlantic west of Britain and Ireland – could in the next few decades reach a point at which its breakdown was inevitable. The cause? Rising greenhouse gas emissions.

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Categories: Around The Web

PhD student finds lost city in Mexico jungle by accident

BBC - Tue, 2024-10-29 10:39
The city is the size of Edinburgh and among the largest Mayan sites in ancient Latin America.
Categories: Around The Web

Biogas tech provider acquires dMRV firm

Carbon Pulse - Tue, 2024-10-29 10:06
A biogas technology provider serving the agricultural sector has acquired a digital MRV firm.
Categories: Around The Web

Canada Growth Fund proposes to fund major CCS project in Alberta oilsands -media

Carbon Pulse - Tue, 2024-10-29 09:30
Canada’s C$15 billion ($10.9 bln) public investment fund has made an offer to finance carbon capture and storage (CCS) technology for the fossil fuel industry, media reported Monday.
Categories: Around The Web

Significant market opportunity for biodiversity-centred agricultural carbon projects in LATAM, Caribbean -report

Carbon Pulse - Tue, 2024-10-29 09:18
Carbon credit projects that centre biodiversity in the agricultural sector of Latin America and the Caribbean (LAC) can attract broader investment and meet both climate and biodiversity targets, said a report authored by voluntary carbon market (VCM) proponents on Monday.
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MRV research funding should prioritise biomass sinking, enhanced rock weathering -study

Carbon Pulse - Tue, 2024-10-29 09:10
An October study attempts to shed light on how research and innovation funding for monitoring, reporting, and verification (MRV) should be prioritised for CO2 removal (CDR) projects.
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ESA unveils enhanced forest biomass maps to improve global carbon tracking, aid climate goals

Carbon Pulse - Tue, 2024-10-29 09:01
The European Space Agency (ESA) has released new global maps tracking above-ground forest biomass, calling it “a stable and open data source” for monitoring carbon stocks.
Categories: Around The Web

Australian tech company launches carbon credit platform at Melbourne conference

Carbon Pulse - Tue, 2024-10-29 09:00
A new platform to add transparency to carbon credit purchases in Australia was launched Tuesday at the Climate Market Institute’s (CMI) Australasian Emissions Reduction Summit in Melbourne.
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ART programme publishes another Brazilian state’s J-REDD concept

Carbon Pulse - Tue, 2024-10-29 08:12
The Secretariat of the ART carbon credit standard announced Monday it has published another Brazilian state's concept under its TREES jurisdictional certification programme.
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Data sufficient to get started on reducing nature impacts, guide states

Carbon Pulse - Tue, 2024-10-29 08:00
Companies in the mining, property, and industrial sectors should have enough data at hand to take the first step to address their impacts on nature and biodiversity loss, according to a new guide for these industries published Tuesday.
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COP16: Air New Zealand first to pay into nature token pilot

Carbon Pulse - Tue, 2024-10-29 07:05
National carrier Air New Zealand has become the first to pay into a nature-positive co-financing pilot that seeks to channel funds to community restoration initiatives on cyclone-ravaged Maori land.
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COP16: Environmental consultancy releases global biodiversity metric

Carbon Pulse - Tue, 2024-10-29 07:00
A Denmark-headquartered environmental consultancy on Monday released an open-access metric for measuring the biodiversity value of habitats on sites around the world, with potential applications in corporate disclosures as well as the emerging biodiversity credit market, the company told Carbon Pulse.
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Why building more big dams is a costly gamble for our future water security and the environment

The Conversation - Tue, 2024-10-29 05:08
Australia now has more than enough evidence that proposals to build big dams consistently underestimate both the construction costs and the harm they do. John Kandulu, Research Fellow, College of Business, Government and Law, Flinders University Richard Kingsford, Professor, School of Biological, Earth and Environmental Sciences, UNSW Sydney Sarah Ann Wheeler, Matthew Flinders Professor in Water Economics, Flinders University Licensed as Creative Commons – attribution, no derivatives.
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Net zero by 2050 still unlikely, despite some decoupling of emissions and growth -study

Carbon Pulse - Tue, 2024-10-29 05:00
A scenario in which all greenhouse gas emissions released by human activities are counterbalanced by carbon removals is still not in sight, according to new research.
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