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French utility sees depressed EU carbon prices until end 2024

Carbon Pulse - Tue, 2024-09-10 21:09
Healthy renewable and gas power supply in the EU is expected to mute demand for carbon allowances for the rest of the year, as the carbon market waits for updates from the new European Commission to help gauge its level of ambition, according to analysts at Engie. 
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Half a million oysters to be introduced to Humber estuary in restoration plan

The Guardian - Tue, 2024-09-10 21:00

European flat oyster is defined as ‘collapsed’ in UK but there are hopes it could return to coastal waters

A box marked “special delivery” arrived about midday at Spurn Discovery Centre, on a remote East Yorkshire peninsula in the Humber estuary.

It is unlikely the postal worker had any idea it contained 300,000 living oyster larvae – tiny pinprick-sized organisms destined to become part of a new oyster reef just off the English coast.

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Tech firm delays launch of biodiversity credit framework due to market uncertainties

Carbon Pulse - Tue, 2024-09-10 20:42
A Switzerland-based digital carbon standard has decided to delay the takeoff of its biodiversity credit framework due to market uncertainties, expecting to launch the programme within the next 12-18 months.
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Article 6 needs EU leadership at COP29, urges carbon project developer

Carbon Pulse - Tue, 2024-09-10 20:32
A cookstoves carbon project developer has urged the EU to "resume its leadership position" on international carbon markets at COP29, citing the disappointment of last year's UN climate summit in Dubai, at a conference in Berlin on Tuesday.
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Investors must strengthen approach to protected biodiversity areas -UN report

Carbon Pulse - Tue, 2024-09-10 20:30
Investors should adopt a specific strategy when investing near areas with protected biodiversity, charity ShareAction and the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) said in a report published on Tuesday.
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UK pension fund buys stake in nature asset manager

Carbon Pulse - Tue, 2024-09-10 20:14
A UK local government pension fund has acquired a minority stake in an asset manager specialising in curbing corporate exposure to nature-related risks, the organisations announced Monday in a joint statement.
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DAC developer raises €6.75 mln seed round to support facilities in Germany

Carbon Pulse - Tue, 2024-09-10 20:03
A developer of direct air capture and storage (DACS) has raised a €6.75 million seed round including grants to support the build-out of direct air capture testing and development facilities in Germany, as well as to develop its first industrial product, it announced on Tuesday.
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Int’l carbon markets at ‘inflection point’, progress urgently needed on Article 6, says World Bank

Carbon Pulse - Tue, 2024-09-10 20:00
International carbon markets are at a crossroads with tangible progress now desperately needed on Article 6, as well as from voluntary integrity initiatives, according to a report from the World Bank published Tuesday.
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Tokyo-based carbon developer teams up with provincial govt for methane reduction projects in Vietnam

Carbon Pulse - Tue, 2024-09-10 19:01
A Japanese carbon project developer has signed a Memorandum of Understanding (MoU) with a provincial government in Vietnam to generate carbon credits from methane offset projects spanning 55,000 hectares of rice paddy fields in the Red River Delta.
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Significant role for government to scale CDR supply and demand -report

Carbon Pulse - Tue, 2024-09-10 19:00
Monitoring, reporting, and verification (MRV) practices to effectively scale the carbon removal (CDR) market will require collaborative efforts, underpinned by government guidelines, according to a paper featuring perspectives from voluntary CDR buyers, policymakers, and academics.
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Loss and Damage Fund access, contributions should be based on country emissions, think tank says

Carbon Pulse - Tue, 2024-09-10 18:25
The recently established Loss and Damage Fund (LDF) should adopt a clear allocation mechanism based on countries’ emissions contributions, among other criteria, according to an Australian think tank’s analysis.
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Australian carbon farming outfit expands offerings

Carbon Pulse - Tue, 2024-09-10 18:02
An Australian carbon farming group has launched a new offering to help landholders measure their carbon footprint and generate carbon credits.
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Non-profits call on Malaysian PM to overhaul timber certification system, align with EUDR

Carbon Pulse - Tue, 2024-09-10 17:09
Malaysia’s Prime Minister Anwar Ibrahim should reform the “broken” Malaysian Timber Certification Scheme (MTCS) due to the challenges faced by Indigenous communities, while urging it to be aligned with the EU’s Deforestation Regulation (EUDR), according to a group of non-profits.
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Taiwan govt committee proposes carbon levy start rate of $9-15/tonne

Carbon Pulse - Tue, 2024-09-10 17:01
An environment ministry committee has released initial pricing recommendations for Taiwan's upcoming carbon levy scheme, suggesting a start rate of between NT$300 and NT$500 ($9.32-15.54) per tonne of CO2 and plans for a phased increase to meet the island's long-term climate targets.
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Methane emissions are at new highs. It could put us on a dangerous climate path

The Conversation - Tue, 2024-09-10 16:02
Human activities now account for two-thirds of all methane venting to the atmosphere – and our efforts to staunch the flow are not yet bearing fruit. Pep Canadell, Chief Research Scientist, CSIRO Environment; Executive Director, Global Carbon Project, CSIRO Marielle Saunois, Enseignant-chercheur, Laboratoire des sciences du climat et de l’environnement (LSCE), Université de Versailles Saint-Quentin-en-Yvelines (UVSQ) – Université Paris-Saclay Rob Jackson, Professor, Department of Earth System Science, and Chair of the Global Carbon Project, Stanford University Licensed as Creative Commons – attribution, no derivatives.
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China ramps up coal production with record-breaking output in 2023, report says

Carbon Pulse - Tue, 2024-09-10 14:46
Global coal production has been on the rise following a brief decline in 2020, with China continuing to be the primary driving factor behind the expansion, a report has found.
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We found 1 in 6 Australian reptile species traded as pets overseas, despite the export ban

The Conversation - Tue, 2024-09-10 14:23
The first comprehensive overview of trade in Australian reptiles and frogs worldwide shows more species should be listed for monitoring under the international convention on wildlife trade. Sebastian Chekunov, PhD Candidate, School of Biological Sciences, University of Adelaide Phill Cassey, Australian Research Council Industry Laureate Fellow, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.
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