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Scotland seeks to create pipeline of investable nature projects

Carbon Pulse - Wed, 2024-04-17 22:22
The Scottish government has set out exploratory plans for how it will create a flow of investable natural capital initiatives, including biodiversity credits.
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Investor launches energy transition ETF targeting carbon markets

Carbon Pulse - Wed, 2024-04-17 21:44
An invesment management firm has launched a new energy transition exchange-traded fund (ETF) tracking several compliance carbon markets.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-04-17 21:40
European carbon allowance prices retreated on Wednesday morning as gas prices weakened after four days of gains with the benchmark EUA contract giving up a big chunk of Tuesday's steep rally, while an inconclusive set of Commitment of Traders data saw some question the conviction of speculative traders in the bearish trend.
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Elephant seal makes ‘epic’ trek back after Canadian officials relocate him

The Guardian - Wed, 2024-04-17 21:30

Notorious for drawing large crowds, Emerson was removed by officials who were surprised to find him back in Victoria in a week

Last week, gun-wielding conservation officers stuffed a 500-lb elephant seal in the back of a van, drove him along a winding highway in western Canada and left him on a remote beach “far from human habitation”.

The plan was to move the young seal far from British Columbia’s capital city, where over the last year, he has developed a reputation for ending up in “unusual locations”, including flower beds, city parks and busy roads.

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Direct air capture developer launches portfolio service including other carbon removals

Carbon Pulse - Wed, 2024-04-17 21:00
A direct air capture (DAC) company is expanding its remit to enable clients to purchase a range of different voluntary carbon removal credits, including from nature-based projects, as part of a portfolio service designed to complement its technology development provision. 
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Corporations still paying a premium for highly rated nature-based credits, research finds ahead of CCP arrival

Carbon Pulse - Wed, 2024-04-17 20:39
Corporations are still paying a premium for higher rated nature-based carbon credits, according to research by a rating agency ahead of the emergence of the first credits earning the ICVCM’s Core Carbon Principle (CCP) stamp of high integrity.
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CCS won’t solve steel emissions -report

Carbon Pulse - Wed, 2024-04-17 20:39
Carbon capture and storage has been passed by for better technologies to decarbonise the steel sector, according to analysis released this week.
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What the desert city of Dubai looks like after its biggest rainfall in 75 years – video

The Guardian - Wed, 2024-04-17 20:12

Cars submerged in raging flood waters, planes taxiing on flooded runways and ankle-deep water at a metro station – this is what the United Arab Emirates and its desert city of Dubai look after a deluge. Dubai received about as much rain in 24 hours as it usually does in a year

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Northwest Europe needs to stimulate more demand to meet hydrogen targets, IEA says

Carbon Pulse - Wed, 2024-04-17 20:04
A major scale-up in investment and policy support is required for Northwest Europe to meet its hydrogen targets, the International Energy Agency (IEA) said in a report published on Wednesday. 
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South Korea cancels April CO2 allowance auction amid weak demand

Carbon Pulse - Wed, 2024-04-17 20:02
South Korea has cancelled this month's carbon allowance auction, as demand in the national carbon market remains weak amid a persisting glut of allowances.
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INTERVIEW: Australian biodiversity credit developer plans huge scale up, sees tradable units as “inevitable”

Carbon Pulse - Wed, 2024-04-17 19:56
Australian biodiversity credit developer Wilderlands has just passed 100,000 units sold, each of which protects one square metre of land, but wants to increase that ten-fold within the next year.
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INTERVIEW: Market-moving deals in the voluntary carbon market seek insurance

Carbon Pulse - Wed, 2024-04-17 19:37
A recent entrant to the carbon insurance market is looking to meet demand from potentially “very big investments” in projects that would meaningfully move the market, but may need to corral capital from fellow insurers to support it.
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Scientists probe the secrets of mega icebergs

BBC - Wed, 2024-04-17 19:22
UK researchers want to understand what triggers the Antarctic to kick out city-sized blocks of ice.
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GenZero, South Pole partner for centre devoted to “novel” carbon solutions

Carbon Pulse - Wed, 2024-04-17 19:03
Temasek subsidiary GenZero and project developer South Pole on Wednesday launched the Asia Centre of Carbon Excellence (ACCE) to focus on what they called “novel” carbon solutions to improve Singapore’s carbon trading, policy, and project development, as well as the energy transition.
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WA mining and media ‘naysayers’ spreading misinformation about nature reforms, Senate hears

The Guardian - Wed, 2024-04-17 18:54

Graeme Samuel, who led 2020 review of environmental laws, says ‘I doubt that I’ll be red-faced when we do actually see the laws’

The head of a review into Australia’s national environmental laws has accused Western Australia’s mining industry and media of spreading “misinformation” about the Albanese government’s nature reforms.

Graeme Samuel told a federal Senate hearing into the extinction crisis that “naysayers” in WA’s mining sector had run a campaign of “negative publicity” against improved environmental protections.

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Japanese oil refiner make first foray into forest carbon

Carbon Pulse - Wed, 2024-04-17 17:39
One of Japan's biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.
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Sabah to soon list first nature-based credits on Malaysian carbon exchange

Carbon Pulse - Wed, 2024-04-17 16:22
The Malaysian state of Sabah will soon trade the first tranche of verified carbon units (VCUs) for its forestry project registered under Verra as it has met international standards.
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Tanya says the urgent environmental reforms the ALP promised have been put on hold! | First Dog on the Moon

The Guardian - Wed, 2024-04-17 16:09

Tell all the maugean skates to hang on until after the next election

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Australia’s long-sought stronger environmental laws just got indefinitely deferred. It’s back to business as usual

The Conversation - Wed, 2024-04-17 16:07
An end to extinctions. An environmental cop on the beat. Labor promised a great deal on the environment. But yesterday, they backed away from the main challenge. Euan Ritchie, Professor in Wildlife Ecology and Conservation, School of Life & Environmental Sciences, Deakin University Megan C Evans, Senior Lecturer, Public Sector Management, UNSW Sydney Yung En Chee, Senior Research Fellow, Environmental Science, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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