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WCI Markets: CCA prices cool off post ARB notice spike, WCAs quiet ahead of repeal vote

Carbon Pulse - Fri, 2024-10-18 10:49
California Carbon Allowance (CCA) futures prices tailed off Thursday as initial market excitement over ARB's regulatory notice published earlier in the week eased, while the Washington Carbon Allowances (WCA) activity remained muted despite some positive polling for the programme ahead of November's repeal vote.
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'It's our moonshot': Why scientists are drilling into volcanos

BBC - Fri, 2024-10-18 09:03
In Iceland scientists plan to drill down to magma to understand it and use it for energy production.
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US DOE commits nearly $3 bln in conditional loans to expand SAF production

Carbon Pulse - Fri, 2024-10-18 08:35
The US Department of Energy (DOE) announced conditional loans totalling nearly $3 billion to two biofuel producers with the goal of expanding sustainable aviation fuel (SAF) and renewable diesel (RD) output.
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Overwhelming majority of young Americans worry about climate crisis

The Guardian - Fri, 2024-10-18 08:31

Survey of young people aged 16-25 from all US states shows concerns across political spectrum

The overwhelming majority of young Americans worry about the climate crisis, and more than half say their concerns about the environment will affect where they decide to live and whether to have children, new research finds.

The study comes just weeks after back-to-back hurricanes, Helene and Milton, pummeled the south-eastern US. Flooding from Helene caused more than 600 miles of destruction, from Florida’s west coast to the mountains of North Carolina, while Milton raked across the Florida peninsula less than two weeks later.

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Categories: Around The Web

US sporting goods company seeks to offset shipping emissions, restore Oregon forests

Carbon Pulse - Fri, 2024-10-18 08:10
A major athletics brand seeks to offset the emissions generated by shipment from its online purchases in the US through forestry-based carbon credits, targeting nearly 27,600 acres of forestland in Oregon.
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EU launches €15-mln call for carbon capture technology proposals

Carbon Pulse - Fri, 2024-10-18 07:24
The European Commission on Thursday announced a €15-million funding opportunity aimed at advancing technologies in direct air carbon capture and storage (DACCS) and bioenergy carbon capture and storage (BECCS).
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California refinery to close next year, citing ‘market dynamics’

Carbon Pulse - Fri, 2024-10-18 05:47
An oil refinery in the Los Angeles area is set to shutter in Q4 2025, less than a week after California's legislature approved controversial fuel supply minimums for in-state refiners, according to a company announcement on Wednesday.
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‘The waters become corrupt, the air infected’: here’s how Ancient Greeks and Romans grappled with environmental damage

The Conversation - Fri, 2024-10-18 05:05
Here’s what the ancient Greeks and Romans can teach us about the environment and ourselves. From Roman soldiers in crowded camps to emperors cleaning up rivers, there are many lessons to be learned. Konstantine Panegyres, McKenzie Postdoctoral Fellow, researching Greco-Roman antiquity, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Russia to put forward plans for int’l carbon market at COP29 -media

Carbon Pulse - Fri, 2024-10-18 03:41
Russia will present ideas for creating an international carbon market at the UN climate summit COP29 in Baku next month, local news outlets have reported.
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UPDATE – Carbon project financier launches legal action against Indonesia REDD developers over alleged contract breach

Carbon Pulse - Fri, 2024-10-18 02:04
A carbon project financier has launched arbitration proceedings and a court action in Canada against the developers of a large Indonesian REDD project.
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Carbon removal platform opens first reforestation protocol for public consultation

Carbon Pulse - Fri, 2024-10-18 02:00
A technology-focused carbon removal programme has for the first time launched a public consultation on a reforestation protocol, the company announced on Thursday.
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BRIEFING: Brussels looking beyond EU ETS integration to finance carbon removals

Carbon Pulse - Fri, 2024-10-18 01:36
The European Commission is looking at all options to incentivise carbon removals, not just their potential integration in the EU’s Emissions Trading Scheme (EU ETS), a senior EU official has said.
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BRIEFING: England needs land use framework to determine best intersection of farming and nature

Carbon Pulse - Fri, 2024-10-18 01:30
England desperately needs a land use framework to best determine how land should be apportioned for the many competing priorities of farming, nature, carbon, energy, and housing, industry experts said on Thursday.
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Non-profit to launch 300,000 marine biodiversity credits at COP16

Carbon Pulse - Fri, 2024-10-18 01:21
Non-profit SeaTrees is preparing to release 300,000 voluntary marine biodiversity credits for sale at UN biodiversity conference COP16 from a Kenyan initiative, Carbon Pulse has learned.
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UPDATE – Verra cancels 5 mln over-issued credits from CQC projects following investigation

Carbon Pulse - Fri, 2024-10-18 00:22
Verra has cancelled over 5 million voluntary carbon credits issued to C-Quest Capital (CQC) projects following an investigation launched back in June, also in the wake of charges of fraud by US authorities on former executives at the company.
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Protecting biodiversity in New Zealand could save more than NZ$270 bln over next 50 years -study

Carbon Pulse - Fri, 2024-10-18 00:06
Protecting 30% of New Zealand's lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.
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