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INTERVIEW: New forest carbon standard seeks to disconnect revenue from credit issuance, ensure community buy-in

Carbon Pulse - Wed, 2024-06-26 19:38
A new forest carbon standard is looking to take an area-based model to how it generates revenue, rather than being paid for how many credits it issues to a project, and will require transparent benefit sharing among all project stakeholders to ensure community approval.
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‘Reform or go out of business,’ carbon offsetting industry told

The Guardian - Wed, 2024-06-26 19:00

Study finds carbon credits could raise billions for climate action but only with changes, such as rigorous standards

The carbon-credit market must reform or “go out of business”, leading scientists have concluded in an international review of the offsetting industry.

The market for carbon offsets shrank dramatically last year after a series of scientific and media reports found many offsetting schemes had little environmental impact.

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Lake District sewage campaigners launch nuisance complaint in legal first

The Guardian - Wed, 2024-06-26 17:43

Statutory nuisance complaint lodged by Save Windermere against United Utilities is a first over sewage pollution

Campaigners fighting to stop sewage discharges into Windermere, the Lake District’s largest lake, have made a statutory nuisance complaint against a water company in the first legal action of its kind.

The civil complaints are normally used in noise disputes, or over noxious smells. But the environmental barrister Nicholas Ostrowski has for the first time lodged a complaint on behalf of campaign group Save Windermere against United Utilities over raw sewage discharges into the lake.

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Australian pension fund hits back on demands to divest from coal

Carbon Pulse - Wed, 2024-06-26 17:14
Simply divesting  from fossil fuel companies is a poor tactic in the transition to net zero, an Australian pension fund said Wednesday after being criticised for walking back its exclusion policy on coal.
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Indonesia joins forces with US philanthropy in massive push to protect rainforest, restore biodiversity

Carbon Pulse - Wed, 2024-06-26 17:00
The government of Indonesia has formed a partnership with a US-based philanthropy to restore nature and biodiversity by safeguarding 15 million hectares of rainforest in the Southeast Asian country.
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Labor defends approval of Gina Rinehart-backed gas project in Senate – video

The Guardian - Wed, 2024-06-26 16:28

Facing accusations from Greens senator Sarah Hanson-Young that the approval of a Senex Energy coal seam gas project would threaten koala habitat, Labor senator Penny Wong defended the move, saying the approval comes with 'strict limits on habitat loss'

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Carbon standard plans to issue first biodiversity credits by year end

Carbon Pulse - Wed, 2024-06-26 16:03
A voluntary carbon standard plans to issue its first batch of biodiversity credits generated through two separate projects in Latin America by the end of the year, a company executive told Carbon Pulse.
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Nuclear energy creates the most dangerous form of radioactive waste. Where does Peter Dutton plan to put it?

The Conversation - Wed, 2024-06-26 15:33
Nuclear power stations produce high-level radioactive waste. It is dangerous for hundreds of thousands of years — and so far, the world has failed to deliver a safe, permanent storage method. Rosemary Hill, Adjunct Professor, James Cook University Ian Lowe, Emeritus Professor, School of Environment and Science, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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Pertamina, NYK to collaborate on liquefied CO2 transport, establish joint ship management company

Carbon Pulse - Wed, 2024-06-26 15:17
Indonesia’s Pertamina has signed an agreement with Japan’s NYK Line to establish a ship management company as well as collaborate on liquified carbon dioxide (LCO2) and LNG transportation.
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It doesn’t make sense: why US tariffs on Chinese cleantech risk the green transition | Jeffrey Frankel

The Guardian - Wed, 2024-06-26 14:00

Global demand for renewable energy is surging so why make solar panels, wind turbines and EVs dearer for western consumers?

With historic heatwaves sweeping across the US and other parts of the northern hemisphere, June is expected to be the 13th consecutive month of record-breaking global temperatures. The primary cause, of course, is the enormous amount of greenhouse gases in the atmosphere. Despite the existential threat posed by rising atmospheric concentrations of greenhouse gases, emissions continue to increase at a faster pace than previously anticipated.

On one front, however, progress in the fight against the climate crisis has exceeded expectations. Amid the global shift from internal combustion engines to electric vehicles and the accelerated adoption of solar and wind power, demand for renewable energy is rapidly rising in the US and the EU.

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BHP on track to cut emission by 30% by 2030, says pathway to net zero not linear

Carbon Pulse - Wed, 2024-06-26 13:59
Anglo-Australian miner BHP is on track to achieve a 30% reduction in Scope 1 and 2 emissions by 2030, but says technology challenges mean its progress to reaching net zero emissions by 2050 will not be linear.
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New drone imagery reveals 97% of coral dead at a Lizard Island reef after last summer’s mass bleaching

The Conversation - Wed, 2024-06-26 13:50
If Australia wants to maintain the world-heritage status of the Great Barrier Reef – indeed, if it wants to preserve the reef at all – we must act now to prevent more coral deaths. Jane Williamson, Professor in Marine Fisheries Ecology, Macquarie University Karen Joyce, Associate Professor - Remote sensing and geospatial technology, James Cook University Vincent Raoult, Senior lecturer in marine ecology, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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Advisory committee members oppose DEQ’s proposal to allow for-profits to serve as CCI entities

Carbon Pulse - Wed, 2024-06-26 12:24
Advisory committee members opposed the Oregon Department of Environmental Quality's (DEQ) plans to allow for-profit companies to implement projects supported by Community Climate Investment (CCI) under the Climate Protection Program (CPP), at a meeting Tuesday.
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NZ’s government wants to kick-start a mining boom – but they’re unlikely to hit paydirt

The Conversation - Wed, 2024-06-26 11:50
Mining has not been particularly lucrative for New Zealand. It makes little economic sense to focus on digging for minerals, despite claims the new mines will aid in the country’s green transition. Glenn Banks, Professor of Geography, School of People, Environment and Planning, Massey University Licensed as Creative Commons – attribution, no derivatives.
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