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Japanese steelmaker facing ‘impossible’ net-zero challenge, report says

Carbon Pulse - Tue, 2024-10-01 19:52
One of Japan’s largest steelmakers is not on track to meet its own stated climate commitments, an Asia-focused think tank has found, saying net zero will be “impossible”.
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Tech startup, financial firm partner to develop cooling materials, create carbon credits

Carbon Pulse - Tue, 2024-10-01 19:43
A startup that provides energy-saving cooling materials has teamed up with a Tokyo-listed financial firm to promote decarbonisation services and create carbon credits.
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Respira unites with investment firm to launch funds for nature-based projects

Carbon Pulse - Tue, 2024-10-01 18:15
Climate financier Respira has joined forces with an impact investment firm to launch two funds for financing nature-based carbon offset projects and accelerating climate action, the investment firm announced Tuesday.
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Swedish platform sees first commercial biodiversity credit transaction

Carbon Pulse - Tue, 2024-10-01 17:23
A Swedish exchange offering trade in biodiversity credits on Tuesday announced its first transaction, with a sales and marketing firm picking up units from the protection of an 11-hectare forest area for five years.
Categories: Around The Web

China’s transformation plan may discourage new coal, report says

Carbon Pulse - Tue, 2024-10-01 17:02
China's transformation strategy for coal-fired power plants could help drive a phase-out of the fossil fuel, given that co-firing and carbon storage approaches remain costly, a report has argued.
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Most soft plastic collected for recycling is burned, campaigners say

The Guardian - Tue, 2024-10-01 17:00

Everyday Plastic calls supermarket takeback schemes a diversion and says there is too much plastic packaging

Seventy per cent of soft plastic collected in supermarket recycling schemes and tracked after collection ended up being burned, an investigation by campaigners has found.

By placing trackers inside packages of soft plastic that were collected by Sainsbury’s and Tesco in July 2023 and February 2024, campaigners found that most of them ended up being incinerated rather than recycled.

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Australian Cassowary Credit methodology, standard put out for consultation

Carbon Pulse - Tue, 2024-10-01 15:12
The market regulator overseeing Australia’s reef credit scheme has published a draft Cassowary Credit standard and Rainforest Replanting methodology for a 30-day consultation, it announced Tuesday.
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Enough, already: why humanity must get on board with the concept of ‘sufficiency’

The Conversation - Tue, 2024-10-01 15:08
Sufficiency is a new approach to solving humanity’s consumption problems. It’s about using less, ensuring wellbeing for all humans, and staying within planetary boundaries. David Angus Ness, Adjunct Professor, UniSA STEM, University of South Australia Licensed as Creative Commons – attribution, no derivatives.
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Botanists identify 33 global ‘dark spots’ with thousands of unknown plants

The Guardian - Tue, 2024-10-01 15:00

Kew study reveals areas with at least 100,000 undiscovered plant species – most likely to be under threat of extinction

Botanists have identified 33 “dark spots” around the world where thousands of plant species are probably waiting to be discovered, according to new research.

From a palm tree in Borneo that flowers underground to a Malagasy orchid that spends its life growing on other plants, researchers are still making dozens of new species discoveries every year.

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Most private equity firms receive near-failing grades on climate action in 2024 scorecard

Carbon Pulse - Tue, 2024-10-01 14:01
A scorecard ranking private equity firms on their climate impact paints a grim picture, with most major players receiving near-failing grades.
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CWNYC24: RGGI’s proposed updates could split regional power market -experts

Carbon Pulse - Tue, 2024-10-01 13:40
The proposed updates from RGGI states could divide the regional power market into trading zones each with a different emissions cap and separate allowance types, a panel of experts discussed at Climate Week NYC last week.
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NZ government lays out its climate, ETS agenda for the rest of the year

Carbon Pulse - Tue, 2024-10-01 12:13
The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.
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EU carbon prices to face more bearish “headwinds” before turnaround by 2026 -analysts

Carbon Pulse - Tue, 2024-10-01 11:17
European carbon prices will continue to face bearish “headwinds” that will extend into next year, but will start to see a turnaround by 2026, analysts said Monday.
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