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New Zealand proposes bringing carbon capture into ETS

Carbon Pulse - Tue, 2024-07-09 19:06
The New Zealand government on Tuesday released a draft framework for carbon capture, utilisation, and storage (CCUS), proposing to bring resulting CO2 reductions or removals into the nation’s emissions trading scheme.
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Japan looks to fund fluorocarbon projects under JCM

Carbon Pulse - Tue, 2024-07-09 19:03
Japan has issued a funding call under the Joint Crediting Mechanism (JCM) to provide financial support for projects that can achieve greenhouse gas reductions by destroying alternative fluorocarbons from used equipment.
Categories: Around The Web

Korean project developer secures purchase agreement for ITMOs from Africa

Carbon Pulse - Tue, 2024-07-09 18:08
A South Korean project developer has secured a contract to purchase internationally transferred mitigation outcomes (ITMOs) under the Paris Agreement from an African country, as it seeks to expand its business in the emerging Article 6 market.
Categories: Around The Web

Singapore adds Laos to stable of Article 6 partners

Carbon Pulse - Tue, 2024-07-09 17:32
Singapore and Laos on Tuesday announced they have signed a Memorandum of Understanding (MoU) to cooperate on carbon credits under Article 6 of the Paris Agreement.
Categories: Around The Web

Indonesia signs $35-mln debt swap deal with US, NGOs to conserve coral reef ecosystems

Carbon Pulse - Tue, 2024-07-09 16:49
Indonesia has signed a $35 million debt-for-nature swap and coral reef conservation agreement with the US and four non-governmental organisations (NGOs) to protect and restore country’s coral reef ecosystems.
Categories: Around The Web

Climate protesters won’t be deterred by fines, jail or political mixed messages on the environment | Adam Morton

The Guardian - Tue, 2024-07-09 16:47

Activists are convinced a wartime campaign of resistance is the only way to highlight the existing system’s failure to meet the moment

As pro-Palestinian protesters sparked outrage scaling the roof of Parliament House last week, a few dozen activists at Newcastle were making an equally sharp point – mostly to less fanfare.

Over more than two weeks, campaigners under the Blockade Australia banner have been interrupting trains near the world’s biggest coal port. My colleague Jordyn Beazley reported that by Monday at least 500 train journeys had been cancelled and more than 30 people arrested.

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A wildlife park has scrapped koala cuddles. Is it time for a blanket ban?

The Conversation - Tue, 2024-07-09 15:55
I’ve studied stress in marsupials. Here’s why banning koala cuddles is a good idea – backed by the scientific evidence on koala handling and stress. Edward Narayan, Senior Lecturer in Animal Science, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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CCS value chain hopefuls list litany of challenges to overcome

Carbon Pulse - Tue, 2024-07-09 15:29
Industrial and oil and gas heavyweights have highlighted the long list of challenges that need to be figured out if their aspirations of establishing CCS value chains in Asia are to become a reality.  
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Why does being right on climate feel so wrong? | Fiona Katauskas

The Guardian - Tue, 2024-07-09 14:00

It’s a hot topic for scientists all over the world

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Categories: Around The Web

Australian DAC startup raises A$10 mln

Carbon Pulse - Tue, 2024-07-09 13:39
An Australian carbon removal tech startup has raised A$10 million ($6.7 mln) in seed funding as it gears up to meet its target of capturing 1 billion tonnes of CO2 per year by 2032.
Categories: Around The Web

Colombian Constitutional Court rules to uphold Indigenous rights in first-ever carbon markets case -media

Carbon Pulse - Tue, 2024-07-09 12:34
The Constitutional Court of Colombia on Monday decided its first-ever case on carbon credits, ruling that the developer, certifier, auditor, and consultant involved – as well as national authorities – had failed to act with due diligence to safeguard Indigenous rights.
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Emitters close CCA shorts ahead of ARB workshop, RGGI prices keep market in buy mode

Carbon Pulse - Tue, 2024-07-09 11:05
Producers closed out of California Carbon Allowance short interest across futures contract expiry and ahead of ARB's ETS workshop this week, while traders built RGGI Allowance (RGA) length as prices stay elevated, according to weekly data from the US Commodity Futures Trading Commission (CFTC) delayed due to last week’s US holiday.
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