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Welsh farmers oppose mandatory tree planting targets, call for better financial incentives 

Carbon Pulse - Fri, 2024-10-11 01:41
The proposal to mandate a minimum 10% tree planting cover on farms in Wales under the Welsh government’s Sustainable Farming Scheme for carbon, biodiversity, and climate adaptation reasons is “the largest barrier” to entering the scheme as it currently stands, according to the sector’s trade union.
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Germany should scrap its national carbon system’s one-year trading phase -energy association

Carbon Pulse - Fri, 2024-10-11 00:32
Germany’s main energy industry association has said the country should keep the price of its national heating and transport carbon system fixed until the new EU-wide heating and transport ETS kicks in in 2027 and skip the one-year trading phase.
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New carbon capture partnership to explore steelmaking decarbonisation in India

Carbon Pulse - Fri, 2024-10-11 00:20
A UK carbon capture firm will collaborate with an Indian steelmaker and a global mining company to speed up the deployment of carbon capture technology to decarbonise steel in India, it announced on Thursday.
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Communities pay the price for biodiversity offsets, report says

Carbon Pulse - Fri, 2024-10-11 00:13
The “dangerous illusion” of biodiversity offsets damages communities and ecosystems, as the value of nature cannot be numbered, said a report published on Thursday by a forest coalition.
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Glitter has lost its shine – but scientists may have found a safer substitute

The Guardian - Fri, 2024-10-11 00:00

Shimmery cellulose-based alternative looks safer for soil than conventional microplastics, Australian-led research finds

Even before Taylor Swift donned “glitter freckles”, the sparkly stuff was prolific – sold in tiny vials at craft shops, and sprinkled on to a variety of products from clothing to Christmas decorations, cards and makeup.

Glitter ends up everywhere: in the environment as well as the carpet.

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CCS plans could leave European taxpayers with €140 bln bill -report

Carbon Pulse - Thu, 2024-10-10 23:43
Taxpayers in Europe risk having to foot a collective €140 billion bill for risky carbon capture and storage projects, as governments in the EU and the UK bet on CCS to reduce greenhouse gas emissions from hard-to-abate sectors, financial analysts have warned.
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UK rolls out ‘cap and floor’ scheme to draw investment in long-duration energy storage

Carbon Pulse - Thu, 2024-10-10 23:20
The UK government announced on Thursday a new “cap and floor” scheme to incentivise billions in private investment in long-duration energy storage (LDES) technologies to support renewable power integration and boost energy security.
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UN body skips over Paris negotiators in a bid to secure consensus on Article 6.4

Carbon Pulse - Thu, 2024-10-10 23:17
The UN body mandated to determine rules governing the Paris Agreement's Article 6 opted early Thursday to bypass negotiators and bring its standards for carbon methodologies and removals into force - in a "risky" and "bold" move that was widely welcomed for its potential to drive agreement at next month's COP29, despite concerns about its long-term implications.
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Harvest in England the second worst on record because of wet weather

The Guardian - Thu, 2024-10-10 22:55

Wheat haul in England estimated to be down by 21%, with Britain’s wine producers also hit hard

England has suffered its second worst harvest on record – with fears growing for next year – after heavy rain last winter hit production of key crops including wheat and oats.

The cold, damp weather, stretching from last autumn through this spring and early summer, has hit the rapidly developing UK wine industry particularly hard, with producers saying harvests are down by between 75% and a third, depending on the region.

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Qatari organisation selects first Article 6 project for ITMO auction

Carbon Pulse - Thu, 2024-10-10 22:55
A Qatar-based organisation has selected a first Article 6 project for inclusion in an Internationally Transferred Mitigation Outcomes (ITMOs) auction on a blockchain platform, it announced Thursday.
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CFEL2024: Gold Standard set to publish early coal decommissioning carbon methodology in 2025

Carbon Pulse - Thu, 2024-10-10 22:09
Gold Standard plans to next year publish a methodology that will credit early coal plant decommissioning, a senior member of the organisation said on Thursday.
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World nears dangerous tipping points as wildlife populations collapse, WWF says

Carbon Pulse - Thu, 2024-10-10 21:40
The decline in global wildlife populations accelerated between 2018 and 2020, according to a scientific assessment published on Thursday by the WWF, which warned that the world is fast approaching irreversible tipping points for nature and climate.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-10-10 21:39
European carbon prices strengthened again tracking bullish gas prices as participants pointed to a return to correlation between the two markets on Thursday, as the benchmark EUA contract moved past key technical resistance levels.
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Commonwealth states to launch first-ever joint ocean declaration at upcoming Samoa meeting

Carbon Pulse - Thu, 2024-10-10 20:58
Fifty-six member countries of the Commonwealth plan to make a joint declaration on ocean protection during the upcoming association's meeting in Samoa, the first ever hosted by a Pacific Island nation.
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Multi-donor initiative pledges $2.5 bln to help Cameroon halt deforestation

Carbon Pulse - Thu, 2024-10-10 20:57
A UN-backed multi-donor coalition this week committed $2.5 billion over the next decade to support Cameroon in transitioning away from traditional land-use practices towards deforestation-free production models.
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Exchange sets out to create ASEAN regional carbon market framework

Carbon Pulse - Thu, 2024-10-10 20:00
Bursa Malaysia, the Malaysian stock exchange, is pushing for a common carbon framework for the Association of Southeast Asian Nations (ASEAN) region, it announced Thursday.
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PREVIEW: High expectations that COP16 can boost demand for biodiversity credits

Carbon Pulse - Thu, 2024-10-10 19:22
Scaling the voluntary biodiversity credit market, including through establishing a global framework to ensure integrity, will be among the core topics of discussion at the upcoming COP16 in Colombia, as standards and early movers see the summit as an opportunity to unlock corporate demand.
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2040 climate target, role of nuclear on the agenda at EU meeting on COP29

Carbon Pulse - Thu, 2024-10-10 19:07
The European Union’s 27 climate and environment ministers are set to adopt their negotiating mandate for the November UN climate summit in Baku, with only two final discussion points on the table, French officials have said.
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Japanese offset developer secures local partners for expansion in Thailand

Carbon Pulse - Thu, 2024-10-10 18:13
A Japanese offset developer has secured partnerships with local partners to expand its presence in Thailand's voluntary carbon sector. 
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African nature credit buyer’s club to launch with target of ‘millions of dollars’

Carbon Pulse - Thu, 2024-10-10 18:00
The BIRA Coalition has announced it is forming a buyer’s club that aims to raise millions of dollars through nature credits generated by large-scale projects in Sub-Saharan African countries, Carbon Pulse has learned.
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