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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-09-26 21:17
European carbon fell back on Thursday morning, reversing some of the gains made during Wednesday's rally due to a downward correction in TTF gas prices, as technical analysts also pointed to a more bullish outlook for the Dec-24 after it breached a key resistance level during the previous session, while UKAs shed as much as 5% on a one-year extension proposed by the government to the current free allocation period.
Categories: Around The Web

Voluntary carbon ratings agency offers network service to help buyers find the right credits

Carbon Pulse - Thu, 2024-09-26 21:00
A rating agency has launched a network service to help buyers find and purchase voluntary carbon credits across various project stages, including pre-issuance, it announced Thursday.
Categories: Around The Web

China’s Chongqing introduces incentive mechanism for local ETS

Carbon Pulse - Thu, 2024-09-26 20:08
China's Chongqing has introduced an incentive mechanism to encourage companies regulated by the local emissions trading system to take more climate actions, as it released the 2023 allocation plan for the scheme.
Categories: Around The Web

Great news, everybody! We’re about to be over-run by giant spiders | Nell Frizzell

The Guardian - Thu, 2024-09-26 20:00

It’s that time of year when homes fill with hairy eight-legged monsters. At least they keep the flies under control …

It is giant spider season and I am delighted. As someone who is ravaged by flying insects all summer, I welcome these eight-legged death machines into my home with open arms. Speckle-backed Tegeneria? Be my guest! I would far rather something that looks like an animated tomato stalk occasionally scuttled across my curtain than be beset by a swarm of fruit flies, bluebottles or midges. I have even heard that spiders might eat clothes moths, although I think for them to have a significant impact on numbers I would have to lean even further into my Miss Havisham alter ego and stroll around bedecked by webs.

I wasn’t always this way. As a child, I was as terrified of spiders as I am today by droughts and unfiled tax returns. I would watch in amazed horror as my country-born mother picked up arachnids the size and heft of dogs and calmly threw them out the window. There were whole cupboards I refused to open for fear of spiders. Once, after accidentally walking into a web during a game of hide and seek, I actually vomited at the thought of a spider being close to my skin (they found me quite quickly after that).

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Categories: Around The Web

Britain’s tropical rain and parched Amazon are new norms in a messed-up climate | Jonathan Watts

The Guardian - Thu, 2024-09-26 19:57

On my return to the UK from Brazil I’ve seen how northern latitudes are behaving like the equatorial margins

Returning to British suburbia from the Brazilian Amazon is always disconcerting, but it has been doubly weird in the past few days because the London commuter belt has been inundated with volumes of rain that normally belong in the tropics.

Mini-tornadoes, flash floods and the dumping of a month’s worth of rain in a single day have flooded transport hubs, high street pubs, and the shrubs of semidetached homes.

Come friendly bombs and fall on Slough!

It isn’t fit for humans now,

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Categories: Around The Web

Conservation NGO announces $1 bln plan to boost nature protection in Africa

Carbon Pulse - Thu, 2024-09-26 19:55
A South Africa-based conservation NGO has announced a $1-billion plan to scale nature preservation efforts across Africa, including through strengthening the network of protected areas (PAs).
Categories: Around The Web

UK authority proposes extending current free carbon allocations period one year to 2027

Carbon Pulse - Thu, 2024-09-26 19:52
The UK ETS Authority has proposed moving the start of the second allocation period from 2026 to 2027, extending the current period to include 2026, it said Thursday.
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ETS2 under pressure as ‘populist’ blame game begins, senior EU lawmaker warns

Carbon Pulse - Thu, 2024-09-26 19:19
The EU’s Emissions Trading Scheme for road transport and heating fuels (ETS2) is turning into a “political minefield” as EU countries accuse Brussels of imposing higher fuel costs on households, said a senior EU lawmaker who warned against “a populist situation” taking root.
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INTERVIEW: National strategies should be next step for bioeconomy

Carbon Pulse - Thu, 2024-09-26 18:45
The next phase for an international bioeconomy that sustainably uses natural resources needs to be countries delivering more national strategies on the topic, a NatureFinance executive has said.
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Norway extends tropical forest programme to 2035

Carbon Pulse - Thu, 2024-09-26 18:40
Norway has extended its multimillion-dollar rainforest protection initiative to 2035, according to a government statement.
Categories: Around The Web

South Korea needs more proactive policies to drive down shipping emissions, NGO says

Carbon Pulse - Thu, 2024-09-26 18:03
South Korea should implement more proactive measures, such as accelerating the shift towards greener fuels, to reach its emissions reduction targets for the shipping sector, an environmental group has urged. 
Categories: Around The Web

Comedy wildlife photography awards 2024 – in pictures

The Guardian - Thu, 2024-09-26 17:00

Loved-up brown bears and whispering raccoons feature in this light-hearted look at a selection of finalists from the Nikon Comedy Wildlife awards. A winner will be announced on 10 December

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UK will need to double nature protection funding to meet targets, new data shows

The Guardian - Thu, 2024-09-26 15:00

Carbon Brief says more than £800m will need to be spent in each of the next two years

The UK government has been failing to meet its commitments to fund nature protection in the developing world, and will need to double current spending to meet the targets, new data has shown.

Underspending on overseas climate aid by the previous Conservative government has meant spending averaged £450m a year for the three full years since 2021 – less than half the £3bn that was pledged for nature projects in poor countries.

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The common raupō once kept NZ’s wetlands and lakes thriving – now it could help restore them

The Conversation - Thu, 2024-09-26 11:00
Māori used all parts of raupō for weaving and food, but the plant also kept lakes healthy. This connection between cultural and ecological roles means its fate is closely linked with people. Rewi Newnham, Professor in Physical Geography, Te Herenga Waka — Victoria University of Wellington Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

RSPCA launches review of farm animal welfare scheme

BBC - Thu, 2024-09-26 10:17
More than 200 farms are inspected amid concerns an animal welfare certification scheme is failing.
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Global decarbonisation efforts stalling as energy demand rises, consultancy warns

Carbon Pulse - Thu, 2024-09-26 10:14
Efforts to decarbonise the world economy are falling dangerously behind as the required rate of decarbonisation has surged to 20.4% annually to limit global warming to 1.5 C, according to a global consultancy.
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