Feed aggregator

Partial repeal of US IRA tax credits coupled with carbon fee could generate over $2 trillion -report

Carbon Pulse - Sat, 2024-05-25 10:45
A partial repeal of climate-related tax credits in the Inflation Reduction Act (IRA), alongside a carbon fee, brings the US closer to achieving its Paris Agreement targets than an expansion of IRA measures alone, and could additionally generate over $2 trillion, according to a working paper modelling climate policy reform to follow the November US elections.
Categories: Around The Web

UK, European saltmarshes store less carbon than previously thought, researchers find

Carbon Pulse - Sat, 2024-05-25 10:33
The carbon sequestration capabilities of saltmarshes in the UK and northwest Europe may have been significantly overestimated compared to global averages, according to new research.
Categories: Around The Web

Canadian tech firm to unveil voluntary carbon protocol targeting large-scale battery storage

Carbon Pulse - Sat, 2024-05-25 10:15
A Canadian tech firm has launched an initiative to develop a voluntary carbon credit protocol specifically for grid-scale battery storage.
Categories: Around The Web

Extinct ‘mountain jewel’ plant returned to wild - in secret location

BBC - Sat, 2024-05-25 10:02
A plant picked for its beautiful flowers then wiped out in the UK mainland makes a dramatic return.
Categories: Around The Web

BC, Kwiakah First Nation establish new forest conservation zone supported by carbon credit sales

Carbon Pulse - Sat, 2024-05-25 09:38
The province of British Columbia and the Kwiakah First Nation on Friday announced the creation of the Macinuxw Special Forest Management Area, a new conservation and regenerative forestry zone within the southern Great Bear Rainforest.
Categories: Around The Web

Traders build net length across North American carbon markets, save for Washington

Carbon Pulse - Sat, 2024-05-25 08:50
Both emitters and speculators added to their net holdings of California Carbon Allowances (CCAs) and RGGI Allowances (RGAs), while the latter group continued to shorten their net position in Washington Carbon Allowances (WCAs), according to weekly data from the US Commodity Futures Trading Commission (CFTC).
Categories: Around The Web

Canadian Indigenous project developer to build Calgary 10 Mt/yr CCS hub with Japanese multinational

Carbon Pulse - Sat, 2024-05-25 08:42
A private Calgary-based developer and a global integrated trading company agreed on Friday to develop a carbon capture and storage hub in Alberta with the potential to store up to 10 million tonnes of CO2 per year.
Categories: Around The Web

ANALYSIS: Voluntary carbon investors shift credit buying behaviour, but demand rebound still a way away

Carbon Pulse - Sat, 2024-05-25 01:18
Voluntary carbon market (VCM) participants expect a substantial demand return, but this could still be years away, with stakeholders at an industry event this week highlighting that investors in the market are now looking more closely at project origination and becoming increasingly selective about the activities they finance.
Categories: Around The Web

ANALYSIS: Investment in nature-based, engineered carbon removals should not be zero sum, say stakeholders

Carbon Pulse - Sat, 2024-05-25 01:06
Voluntary carbon market (VCM) buyers and developers largely remain committed to investing in both nature-based and engineered carbon removals (CDR), according to a range of experts speaking at the Carbon Unbound conference in New York this week.
Categories: Around The Web

‘Beautiful one day. Nuclear the next?’ Labor can’t wait for a fight on Dutton’s energy plan

The Guardian - Sat, 2024-05-25 01:00

Kevin Rudd ran a successful scare ad against John Howard in 2007. While costs and attitudes have changed a little since then, some messages still resonate

During the 2007 federal election campaign, Labor ran a TV scare ad in Queensland about the then prime minister’s plan to introduce nuclear power.

“John Howard says a nuclear industry is a solution to climate change but he won’t say where the reactors should go,” the voiceover says, to golden waterfront scenes and a lazily twanging guitar. “He refuses to talk about a list of possible sites for reactors that includes Rockhampton, Bundaberg, Mackay, Townsville, the Sunshine Coast – even Bribie Island.”

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...
Categories: Around The Web

WWF takes legal action against Norway over deep sea mining spat

Carbon Pulse - Sat, 2024-05-25 00:36
WWF has announced it will take the Norwegian government to court over its decision to open up areas in the Arctic region for commercial seabed mineral activities.
Categories: Around The Web

‘Kitty cat’ storms hitting US heartland are growing threat to home insurance

The Guardian - Sat, 2024-05-25 00:00

Smaller secondary systems that create hailstorms and tornadoes pack a punch that is causing billions of dollars in damages

This story was originally published by Grist and is reproduced here as part of the Climate Desk collaboration

The rising cost of homeowner’s insurance is now one of the most prominent symptoms of the climate crisis in the US. Major carriers such as State Farm and Allstate have pulled back from offering fire insurance in California, dropping thousands of homeowners from their books, and dozens of small insurance companies have collapsed or fled from Florida and Louisiana following recent large hurricanes.

Continue reading...
Categories: Around The Web

High integrity forest initiative releases methodology for biodiversity, climate units

Carbon Pulse - Fri, 2024-05-24 23:17
The High Integrity Forest (HIFOR) investment initiative backed by the Wildlife Conservation Society (WCS) released on Thursday its methodology to identify and issue units that could fit the nascent biodiversity credit market.
Categories: Around The Web

New financing approach key to scaling nature tech market, report says

Carbon Pulse - Fri, 2024-05-24 23:00
Nature tech solutions have the potential to reduce costs of biodiversity conservation and support the development of financing mechanisms such as voluntary biodiversity credits, though greater collaboration between private and public sectors is needed to scale the market, a report has said.
Categories: Around The Web

Government wins court case over River Wye pollution

BBC - Fri, 2024-05-24 22:06
The High Court ruled that the Environment Agency and the UK government were implementing the law properly.
Categories: Around The Web

UK importing more bricks than ever and carbon cost is rising, study reveals

The Guardian - Fri, 2024-05-24 22:00

Imports have risen since Brexit despite brick producers saying UK can make enough for its own use

The UK is importing more of its bricks than ever and the carbon cost of each brick is rising, research has shown.

The UK is the number one country in the world for brick importation, according to data from the Massachusetts Institute of Technology’s Observatory of Economic Complexity.

Continue reading...
Categories: Around The Web

Nigerian govt agency invests in cookstoves developer to boost production, generate voluntary carbon credit revenue

Carbon Pulse - Fri, 2024-05-24 21:28
A Nigerian government agency has invested in a domestic cookstoves manufacturing firm and a carbon offset project developer to increase production of cookstoves and to leverage the credit proceeds, the agency announced Thursday.
Categories: Around The Web

Verra consults on proposed changes to voluntary carbon reforestation methodology VM0047

Carbon Pulse - Fri, 2024-05-24 21:26
Verra has launched a public consultation on a methodology for afforestation, reforestation and revegetation, as well as a tweak to a second related methodology for the project activity, it announced Friday.
Categories: Around The Web

Euro Markets: Midday update

Carbon Pulse - Fri, 2024-05-24 21:22
EU carbon prices eased back for the third successive session, though still remain on course for a strong weekly gain, with analysts pointing to a resumed correlation with gas, soft fundamentals, and an overall lack of clear market direction.
Categories: Around The Web

Scientists transplant soil fungi in race to save world’s threatened orchids

The Guardian - Fri, 2024-05-24 21:02

Display at Chelsea flower show highlights work in UK and US to bring orchid habitats back to health

Scientists are racing against the clock to save the world’s orchids by discovering the soil fungi they need to thrive, breeding them and then, in a first for conservation, transplanting them into orchid habitats.

Among the showy blooms at Chelsea flower show this week was a moss-covered exhibit, sprouting from which were the types of rare, native flowers one does not normally see at horticultural exhibits.

Continue reading...
Categories: Around The Web

Pages

Subscribe to Sustainable Engineering Society aggregator