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US emissions rise 1.3% in 2022 from post pandemic activity
The US Environmental Protection Agency (EPA) released annual GHG inventory figures for 2022 on Thursday showing nationwide emissions increased year-on-year from a post pandemic rebound in economic activity offset by CO2 sequestration from the land sector.
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UK food production at threat after extreme flooding
Record-breaking rainfall leaves fields under water, threatening this year's harvest yield and quality.
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Washington announces cap-and-invest rulemaking in pursuit of linkage
The Washington Department of Ecology (ECY) announced on Thursday the commencement of rulemaking in consideration of amendments to its Climate Commitment Act (CCA), to facilitate linkage of the state’s carbon market with that of California and Quebec.
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Origin snaps up Australia biggest wind project and big battery as it ramps up late renewables push
The post Origin snaps up Australia biggest wind project and big battery as it ramps up late renewables push appeared first on RenewEconomy.
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WCI Markets: CCAs cautiously higher on rulemaking progress, WCAs up on small volume
California Carbon Allowances (CCAs) picked up following the highly anticipated release of a public workshop date on cap-and-trade programme rulemaking and an economic impact analysis of proposed changes, while Washington Carbon Allowances (WCAs) continued to slowly regain footing after prices crashed earlier this year in wake of a repeal initiative.
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Montana locals worry about safety of proposed CO2 pipeline project
Residents of a county in Montana have raised concerns about a project that could see potentially millions of tonnes of CO2 piped in from Wyoming and stored underground.
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Eleven carbon credit programmes vie for eligibility under UN’s CORSIA offset scheme in latest application round
Eleven carbon offset programmes have applied or reapplied to supply eligible compliance units for use by airlines in 2024-26 under CORSIA, the international aviation emissions trading scheme devised by UN body ICAO.
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Carbon markets to retain key role in climate action but vulnerable to geopolitics, GenZero says
Carbon market participants should back harmonised quality standards and principles to secure its role as a foundation for international partnerships even in a scenario where global climate action become fragmented, Singapore's GenZero said on Friday.
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Despite what you might hear, weather prediction is getting better, not worse
Weather forecasting is improving at a great rate, even though climate change could be making it tougher.
Andrew King, Senior Lecturer in Climate Science, The University of Melbourne
Kimberley Reid, Postdoctoral Research Fellow in Atmospheric Sciences, Monash University
Michael Barnes, Research Fellow, Monash University
Nick Earl-Jones, Climate Research Fellow with the Climate Futures Programme, University of Tasmania
Licensed as Creative Commons – attribution, no derivatives.
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Global fashion giant invests in sustainable aviation fuel via international logistics firm
A luxury fashion house has made its inaugural investment in sustainable aviation fuel (SAF) through a partnership with an international shipping company.
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US IRA sparks dash for $5 bln in climate cash, but some state plans more credible than others -analysis
The US Inflation Reduction Act (IRA) has sparked a nationwide response from almost every state, as well as Washington DC and Puerto Rico, according to a new analysis, with jurisdictions all seeking to harness the programme’s offer of $5 billion in climate grants.
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Carbon credit prices should reflect host country investment needs, not just market rates -official
Carbon market buyers must appreciate the price of climate progress in developing countries and fund projects in line with their investment needs, not necessarily according to market rates, according to a government official speaking on an OECD webinar Thursday.
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Global data centre firm adopts renewable fuel at US sites to reduce carbon footprint
A global provider of data hosting solutions announced Wednesday the expansion of renewable fuel use to replace diesel in power generators at several US data centres.
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ETS emissions now down 47%, not far from EU 2030 climate goal, official says
The record fall in emissions registered in 2023 puts the EU on track to reach its climate target for 2030, with only 15 percentage points to make up to hit the 62% greenhouse gas reduction objective set for the bloc's ETS, an official said.
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Insurance companies must stop covering climate change-inducing activities -report
Insurance companies need to implement transition plans to manage climate-related risks, or financial instability will unfold, a report published on Thursday warned.
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UK should publish updated national biodiversity plan -report
The UK government should publish an updated National Biodiversity Strategy and Action Plans (NBSAP) setting out how it will deliver on international nature goals through disclosures, a report has found.
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INTERVIEW: Startup seeks to boost coffee yield, climate resilience with mobile biochar reactors
Improving the climate resilience of smallholder farms while strengthening coffee supply chains is the focus of a Swiss-Colombian startup looking to apply carbon-rich biochar to the soils of coffee plantations, with the sequestration monetised through the sale of removals.
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Voluntary carbon standard advances deforestation risk mapping plans for jurisdictional REDD
A voluntary carbon standard has made a step forward on a deforestation risk mapping tool for jurisdictional REDD projects by advancing work across the first set of forest-rich nations, it said Thursday.
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EU report flags differences between biodiversity disclosure initiatives
Key differences between the most prominent biodiversity disclosure initiatives have been examined in a report published by the EU Business & Biodiversity (B&B) Platform.
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Climate target organisation faces staff revolt over carbon-offsetting plan
Employees at SBTi have called for their CEO to resign over controversial plans which they fear will enable greenwashing
Staff at one of the world’s leading climate-certification organisations have called for the CEO and board members to resign after they announced plans to allow companies to meet their climate targets with carbon offsets.
They fear that companies will use the offsets for greenwashing, while avoiding making the necessary cuts in greenhouse gas emissions – without which the world faces climate catastrophe.
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