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VC firm wrangles angel investors for $2.1 mln in funding for Indonesian blue carbon player

Carbon Pulse - Wed, 2024-09-18 19:56
An Indonesian nature-based carbon project developer has taken in $2.1 million in seed funding from angel investors after a successful round led by one of the nation’s only venture capital funds.
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Queensland coal miner granted state funding to cut emissions

Carbon Pulse - Wed, 2024-09-18 18:26
A Queensland coal company covered by the Safeguard Mechanism has been granted funding from a state government initiative to cut carbon emissions from its operations.
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Analysts say China climate policy is highly insufficient

Carbon Pulse - Wed, 2024-09-18 18:11
China is not meeting its fair share contribution to climate change mitigation, even though record rates of renewable deployment are on the verge of meeting growing energy demand, according to analysis published this week.
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Clean fuel credit price volatility not on the radar for Oregon, Washington regulators

Carbon Pulse - Wed, 2024-09-18 17:57
Volatility in clean fuel credit prices this year is a reflection of client demand for credits and not a factor considered in ongoing rulemaking, the regulators of the US clean fuels programmes in Oregon and Washington told a conference on Tuesday.
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Australia desperately needs a strong federal environmental protection agency. Our chances aren’t looking good

The Conversation - Wed, 2024-09-18 16:38
Australia’s main environment laws have long been regarded as not fit for purpose. But efforts to strengthen environmental protection have met huge pushback. Justine Bell-James, Associate Professor in Environment and Property Law, TC Beirne School of Law, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Rio Tinto brings in local carbon business for tree planting trial for renewable diesel

Carbon Pulse - Wed, 2024-09-18 15:32
Mining giant Rio Tinto is partnering with an Australian carbon abatement business on a renewable diesel pilot project using a particular kind of seed oil for fuel switching to help decarbonise its operations. 
Categories: Around The Web

Superyacht and private jet tax could raise £2bn a year, say campaigners

The Guardian - Wed, 2024-09-18 15:00

Oxfam says ‘commonsense solution’ would reduce emissions and raise urgently needed climate finance

Fair taxes on superyachts and private jets in the UK could have brought in £2bn last year to provide vital funds for communities suffering the worst effects of climate breakdown, campaigners say.

Private jet use in the UK is soaring. It was home to the second highest number of private flights in Europe last year, behind only France, according to figures from the European Business Aviation Association.

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‘Butterfly emergency’ declared as UK summer count hits record low

The Guardian - Wed, 2024-09-18 15:00

Conservation group calls on government to ban insect-killing neonicotinoid pesticides outright

A national “butterfly emergency” has been declared by Butterfly Conservation after the lowest Big Butterfly Count since records began.

An average of just seven butterflies per 15-minute count were recorded by participants in this summer’s butterfly count, the lowest in the survey’s 14-year history.

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More floods are coming to Britain, but you ought to know this: the system that should protect us is a scandal | George Monbiot

The Guardian - Wed, 2024-09-18 15:00

A network of public bodies are supposed to safeguard us from flooding. But, like old boys’ clubs, they are bastions of self-interest

Labour’s first stage of government resembles a vast forensic excavation. As it works through the Conservatives’ midden of horrors, it discovers an ever greater legacy of underinvestment, neglect and corruption. However disappointing the new government’s compromises might be, we shouldn’t forget how overwhelming this task must feel.

So I’m sorry to expose yet another toxic stratum. It contains a series of stupendous failures in the governance of rural bodies, which, in the case I want to discuss, put human lives at risk.

George Monbiot is a Guardian columnist

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More than £494bn subsidies a year are harmful to the climate, says report

The Guardian - Wed, 2024-09-18 15:00

ActionAid says ‘parasitic behaviour’ is fuelling the climate crisis and represents ‘corporate capture’ of public finance

More than $650bn (£494bn) a year in public subsidies goes to fossil fuel companies, intensive agriculture and other harmful industries in the developing world, new data has shown.

The subsidies entrench high greenhouse gas emissions and are fuelling the destruction of the natural world, according to a report from the charity ActionAid.

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Unpublished Chubb review submission slams Australia’s carbon industry, calls for CAC exit decision to be referred to NACC

Carbon Pulse - Wed, 2024-09-18 15:00
A blistering unpublished submission to the Chubb review on Australia's carbon market that was run by local media Wednesday has decried what it said was a “self-congratulatory, inward looking, anti-competitive” industry.
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ARB to decide on shortlist of options to California ETS budget cuts in weeks

Carbon Pulse - Wed, 2024-09-18 14:37
California regulator reiterated their commitment to release a 45-day package for the cap-and-trade rulemaking “in weeks” at a conference on Tuesday.
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Supermoon and lunar eclipse delight star gazers

BBC - Wed, 2024-09-18 13:31
The Moon appeared brighter and bigger as it reached its closest point in its orbit around the Earth.
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US IRA tax credits need refined carbon intensity scoring methodology -panel

Carbon Pulse - Wed, 2024-09-18 11:57
The US Internal Revenue Service (IRS) should refine carbon scoring systems related to the various clean energy tax credits within the Inflation Reduction Act (IRA) as the agency continues hammering out guidelines for its implementation, a panellist said during a Tuesday conference.
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Wildlife charity declares 'butterfly emergency'

BBC - Wed, 2024-09-18 11:17
The charity is calling on the government to ban pesticides that can harm butterflies and bees.
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