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Canadian carbon credit financier sells CFR credits to undisclosed fuel supplier

Carbon Pulse - Thu, 2024-03-28 11:48
A Vancouver-based carbon offset developer has announced a multi-year agreement to sell credits generated from Canada’s Clean Fuel Regulations (CFR), but did not disclose the purchaser’s identity. 
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Power producer defends lawsuit against Washington govt, claims discrimination under cap-and-trade

Carbon Pulse - Thu, 2024-03-28 10:55
A gas-fired power producer has defended its motion for the Washington Department of Ecology (ECY) to either issue free allowances or prohibit the producer's purchase of allowances that cover emissions associated with generation for non-Washington consumers, in an ongoing lawsuit.  
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The Albanese government is drifting from its environmental commitments – it’s time for transparency and good faith | Jack Pascoe

The Guardian - Thu, 2024-03-28 10:42

Environment minister Tanya Plibersek’s reforms are running so late there’s speculation the government will weaken them at the expense of the environment

After less than two years in power, the Albanese government is showing signs of getting comfortable. Consultation, transparency and coherent policy appear to be out. Cosiness with powerful stakeholders and policy on-the-run appear to be in.

Parliament is now debating amendments to the Offshore Petroleum and Greenhouse Gas Storage Act, which, if passed, could carve out oil and gas approvals from Australia’s environmental law.

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Coastal dunes are retreating as sea levels rise - our research reveals the accelerating rate of change

The Conversation - Thu, 2024-03-28 10:33
Some Aussie beaches are being reshaped and coastal dunes are marching inland. We used data from aerial photography, field surveys, laser mapping and drones to study incredible rates of change. Patrick Hesp, Professor, Flinders University Marcio D. DaSilva, Flinders University Licensed as Creative Commons – attribution, no derivatives.
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Enhanced rock weathering shown to boost crop yields, improve soil, bolster nutrient uptake

Carbon Pulse - Thu, 2024-03-28 10:01
The spreading of crushed silicate rock on agricultural land to precipitate CO2 capture, known as enhanced rock weathering, leads to higher crop yield in addition to improved nutrient uptake and soil pH, a scientific study has found.
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Australia must wean itself from monster utes – and the federal government’s weakening of vehicle emissions rules won’t help one bit

The Conversation - Thu, 2024-03-28 09:28
The amended rules will slow the reduction in emissions from Australia’s polluting road transport sector and reflect alarming trends, here and abroad. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Renewable diesel fuels compliance across North American LCFS markets, but oversupply concerns persist

Carbon Pulse - Thu, 2024-03-28 08:56
Low carbon fuel standards (LCFS) across North American markets will continue to see renewable diesel (RD) play a major role in helping fuel producers meet their carbon intensity (CI) targets, but regulators must continue to adjust stringency to maintain programme effectiveness in light of increased RD production capacity, experts said Wednesday.
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Plant-heavy ‘flexitarian’ diets could help limit global heating, study finds

The Guardian - Thu, 2024-03-28 04:00

Global adoption of diet low in meat would aid health, land and food systems as well as reducing emissions, researchers say

A global shift to a mostly plant-based “flexitarian” diet could reduce greenhouse gas emissions and help restrict global heating to 1.5C, a new study shows.

Previous research has warned how emissions from food alone at current rates will propel the world past this key international target.

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Regulators urged to act over water companies’ record sewage discharge

The Guardian - Thu, 2024-03-28 03:45

Government asked to put ‘people and planet before profits’ as analysis shows potential illegal discharging of raw sewage

Regulators face pressure to act after further evidence of potentially illegal activity by water companies has been revealed.

Analysis of the latest data shows that more than 2,000 overflows owned by a number of companies are discharging raw sewage into rivers and seas at a scale that should spark an immediate investigation into illegal breaches of permit conditions.

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Beyond value chain mitigation guidance supports higher climate ambition, needs manageable carbon price

Carbon Pulse - Thu, 2024-03-28 03:40
Applying beyond value chain mitigation (BVCM) principles in practice will initially need feasible internal carbon fees to gain traction, but its breadth can inspire greater corporate climate coordination, according to stakeholders speaking on a webinar Wednesday.
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International oil and gas forum backs key role for carbon markets in energy transition

Carbon Pulse - Thu, 2024-03-28 03:19
An inter-governmental organisation comprised of oil and gas stakeholders has underlined the importance of carbon markets for the energy transition, especially for financing technological solutions to decarbonise hard-to-abate sectors, in a recent report.
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EU carbon price surge not here to stay –analyst

Carbon Pulse - Thu, 2024-03-28 03:07
The end of the EU carbon allowance price rally is in sight, with prices likely to start falling again in the next couple months, according to the research arm of a Dutch bank.
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Launch of credit scheme for UK saltmarshes would be viable and boost carbon storage -study

Carbon Pulse - Thu, 2024-03-28 02:48
The introduction of a carbon credit scheme supporting the restoration of UK saltmarshes would be feasible and provide a pipeline for private investment to help restore these degraded areas with significant carbon storage potential, a government-backed study has found.
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Marine biodiversity credit market may need “new type” of units, RePlanet says

Carbon Pulse - Thu, 2024-03-28 02:46
UK-headquartered biodiversity credit developer RePlanet has stressed the need to develop tailored biodiversity units for marine conservation due to critical challenges holding back the market.
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California ARB offset issuance ticks up again, but remains behind 2023 levels

Carbon Pulse - Thu, 2024-03-28 02:29
California regulator ARB has issued the highest number of compliance-grade offsets so far this year, although year-to-date totals continue to lag behind 2023, data published by the agency Wednesday showed.
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Oil and gas companies fail to sufficiently disclose climate risks for investors -study

Carbon Pulse - Thu, 2024-03-28 01:52
The voluntary climate action disclosure from 10 oil and gas majors falls short of what investors need to accurately gauge how they will meet their goals, and the risks posed by those transitions, according to analysis published on Wednesday.
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NA100 guide on engaging with eight sectors published

Carbon Pulse - Thu, 2024-03-28 01:51
A guide for investor members of the Nature Action 100 (NA100) initiative on engaging with companies in eight priority sectors has been published by non-profit Ceres.
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