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US-based CDR company receives $32 mln in Series A funding

Carbon Pulse - Fri, 2024-11-15 08:44
A Texas-based CO2 removal (CDR) company announced on Thursday that it raised $32.3 million in Series A funding after a full year of operation.
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Alberta uses C$40 mln from carbon market to attract low emissions innovations

Carbon Pulse - Fri, 2024-11-15 08:25
The Canadian province of Alberta announced on Wednesday a C$40 million ($28.5 mln) investment that seeks to advance early- and late-stage low emissions products expected to increase the competitiveness of manufacturing and resource sectors in the region.
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Troubled waters: how to stop Australia’s freshwater fish species from going extinct

The Conversation - Fri, 2024-11-15 05:23
New research reveals a third of Australia’s freshwater fishes are at risk of extinction. That means 35 species should be added to the national list of 63 threatened species, bringing the total to 98. Mark Lintermans, Adjunct associate in freshwater fisheries ecology and management, University of Canberra Jaana Dielenberg, University Fellow in Biodiversity, Charles Darwin University Nick Whiterod, Science Program Manager, Goyder Institute for Water Research CLLMM Research Centre, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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Global plastic production must be cut to curb pollution, study says

The Guardian - Fri, 2024-11-15 05:00

Analysis lays bare huge challenge of mismanaged waste on eve of UN plastic treaty talks in Busan

Global plastic production must be reduced to tackle the immense challenge of plastic pollution, according to an analysis published on the eve of crucial talks to hammer out the world’s first legally binding treaty on plastic waste.

Mismanaged plastic waste, which leaches into the environment and can be harmful to health, will double to 121m tonnes by 2050 if limits are not placed on the production of plastic, according to Samuel Pottinger, the lead author of the research.

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COP29: California requests Quebec to delay draft WCI cap-and-trade regulations till Q1 2025

Carbon Pulse - Fri, 2024-11-15 03:50
Quebec will publish draft amendments to its cap-and-trade programme in early 2025 on request of a delay from California, the Quebec environment minister told Carbon Pulse on the sidelines of COP29.
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COP29: Madagascar to soon sign first-ever ITMO deal with South Korea -official

Carbon Pulse - Fri, 2024-11-15 03:50
The Madagascar government is planning to sign its first-ever bilateral agreement under Article 6.2 of the Paris Agreement to generate Internationally Transferred Mitigation Outcomes (ITMOs) with South Korea soon, as it plans to operationalise its Article 6 regulatory framework by Jan. 2025, an official told Carbon Pulse.
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COP29: Brazil launches climate funding platform with $10.8 bln in capital

Carbon Pulse - Fri, 2024-11-15 03:26
Brazil's national development bank has formally launched a climate investment platform that it said already has up to $10.8 billion in capital that could be mobilised, in support of its newly updated Paris Agreement pledge.
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COP29: BRIEFING – Transition credits could help retire young coal plants in Asia, but complexities and risks abound

Carbon Pulse - Fri, 2024-11-15 03:11
Transition credits could be a viable way to finance the early phase-out of coal-fired power plants in Asia, but familiar risks around project permanence, and buyer appetite are seen as major barriers to scaling up the practice, a panel discussion heard at COP29.
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My moth hell has given me sympathy for all fellow sufferers – even the 1% | Rhiannon Lucy Cosslett

The Guardian - Fri, 2024-11-15 03:04

When infestations affect Notting Hill billionaires, it reminds you that it’s the little winged bastards who truly own this city

While reading of the case of the super-rich couple suing the previous owners of their west London mansion over its moth infestation, one particularly detail prompted warm memories. Iya Patarkatsishvili and Yevhen Hunyak had to tip away glasses of wine after discovering moths floating in them, Hunyak told the court. Ah yes, I thought, I too have found a moth taking a little dip in my tipple, though I’ll admit that I simply fished him out rather than waste a glass. Worse, mine only contained Tesco’s finest wine, as opposed to, you know, the world’s.

Moths, it seems, pay no attention to social class. Whether you are a lowly renter in a poky flat, such as I, or the daughter of a Georgian billionaire; if you live in London, they are coming for you. Moths, like mice in the tube, are simply a fact of living in this city, so commonplace as to be almost unremarkable. Even when waging daily battle against them, you sort of forget about them; their soft fluttering wings are a kind of inaudible mood music, until someone who has recently moved here says, “What’s with all the moths?”, and you remember the bastards that truly own this city.

Rhiannon Lucy Cosslett is a Guardian columnist and author

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COP29: Carbon pricing coverage to hit 34% of global emissions in next five years -report

Carbon Pulse - Fri, 2024-11-15 02:49
A report has found that expansion of carbon trading systems will see emissions covered by pricing mechanisms rise to 34% over the next five years.
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COP29: Multiple countries outline plans to raise billions in forest carbon finance

Carbon Pulse - Fri, 2024-11-15 02:24
Fourteen countries, including the US, France, and the UK, issued a statement at COP29 in Baku on Thursday affirming their commitment to scale up finance for forests, based on 'high-integrity' carbon markets.
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COP29: US-China dialogue “extremely positive” on non-CO2 emissions controls, says White House official

Carbon Pulse - Fri, 2024-11-15 02:21
A White House official said Thursday that the US has had active and productive negotiations with Chinese delegates over reducing non-CO2 greenhouse gases (GHG), adding that Beijing has signalled interest in implementing regulatory controls over non-CO2 gases similar to those in the US.
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5% of planning applications subject to UK biodiversity net gain rules, research suggests

Carbon Pulse - Fri, 2024-11-15 01:48
Some 5% of recent planning applications have complied with England’s biodiversity net gain (BNG) rules, in a positive sign the legislation is working, a lawyer has said.
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COP29: Canadian oil and gas emissions cap not expected to survive legal challenge, Alberta stakeholders say

Carbon Pulse - Fri, 2024-11-15 01:48
Alberta government and industry were sceptical of the viability and effectiveness of Canada’s emissions cap on its oil and gas sector, highlighting instead the success of provincial emissions reductions efforts on the sidelines of COP29.
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Emerging markets lag in low-carbon investment despite $2.3 trillion energy boost -report

Carbon Pulse - Fri, 2024-11-15 01:44
Low- and middle-income economies invested $2.3 trillion in their energy systems last year, yet only 14% of that spending outside China went towards low-carbon solutions, a new report has found.
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COP29: Brazil’s Para state to launch call for forest concession tenders

Carbon Pulse - Fri, 2024-11-15 01:13
The government of Para state in Brazil is expected this Friday to launch a long-awaited call for tenders to take on an ecological restoration-oriented forest concession, which will generate carbon credits from the reforestation process.
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Large home retailer invests €1.5 bln to speed up fossil fuel phaseout

Carbon Pulse - Fri, 2024-11-15 00:07
A large home retailer is investing €1.5 billion in renewable energy at its sites to phase out the direct use of fossil fuels under a target to reduce its operational carbon footprint 85% by 2030.
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Indian regulator releases draft rules for carbon trading on power exchanges

Carbon Pulse - Fri, 2024-11-15 00:05
The Central Electricity Regulatory Commission (CERC), regulator of the power sector in India, this week released guidelines for the buying and selling of carbon credit certificates (CCCs) on power exchanges.
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UK prepares to ban new coal mines

Carbon Pulse - Thu, 2024-11-14 23:54
The UK is poised to ban new coal mines, soon after becoming the first industrialised country to end coal-fired power generation, the government announced on Thursday.
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