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BP drops goal to cut oil and gas output, targets new fossil investments -media

Carbon Pulse - Mon, 2024-10-07 22:05
BP has reportedly abandoned its goal to cut oil and gas output by a quarter by 2030 and is instead eyeing investments to scale up output, as management resets the company's energy transition strategy in a bid to regain investor confidence.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-10-07 21:41
European carbon prices dropped sharply from the opening on Monday, reaching a new six-month low before stabilising just above a key psychological and technical level, as the market continued to face up to bearish fundamentals.
Categories: Around The Web

LATAM Roundup: Global industry bets on Brazilian green hydrogen

Carbon Pulse - Mon, 2024-10-07 21:00
Heavy industry on both sides of the Atlantic pinned decarbonisation hopes on clean Brazilian electricity, Peru promised voluntary carbon market (VCM) expansion, and Argentina’s VCM progressed in two sectors in the week ending Oct. 6.
Categories: Around The Web

Taiwan govt committee finalises carbon levy rates, starting at $9/t

Carbon Pulse - Mon, 2024-10-07 20:36
An environment ministry committee has finalised rate recommendations for Taiwan’s upcoming carbon levy scheme, with a starting price of NT$300 ($9.32) per tonne of CO2e for regulated emitters on the island.
Categories: Around The Web

INTERVIEW: African pilots plan to generate biodiversity credits across 300,000 ha

Carbon Pulse - Mon, 2024-10-07 20:28
An initiative to generate biodiversity credits across more than 300,000 hectares in Uganda and Zambia has been speaking with authorities about creating enabling policy, Carbon Pulse has learned.
Categories: Around The Web

Nobel Prize goes to microRNA researchers

BBC - Mon, 2024-10-07 20:21
US scientists Victor Ambros and Gary Ruvkun helped explain how genes work inside the human body.
Categories: Around The Web

Article 6 body adopts sustainable development tool

Carbon Pulse - Mon, 2024-10-07 19:18
The body mandated to shape the UN's Article 6.4 carbon crediting mechanism has adopted a sustainable development tool, as it also scrambles to ready guidance ahead of COP29 next month.
Categories: Around The Web

INTERVIEW: ‘A tonne is not a tonne’ – Changing the approach to voluntary carbon crediting could unlock much-needed scale

Carbon Pulse - Mon, 2024-10-07 19:12
In order to scale, the voluntary carbon sector must shift its approach, adopt a more conservative stance to crediting, and move past the “the myth of fungibility”, a senior executive at Amazon told Carbon Pulse.
Categories: Around The Web

FEATURE: ‘Panic’ as EU’s new green product reporting rules come into effect

Carbon Pulse - Mon, 2024-10-07 19:03
Manufacturers across the globe are bracing for new ecodesign reporting obligations in Europe, with full disclosure of the carbon content and wider environmental footprint of products soon becoming obligatory for any company placing goods on the EU market.
Categories: Around The Web

Climate warning as world’s rivers dry up at fastest rate for 30 years

The Guardian - Mon, 2024-10-07 18:00

World Meteorological Organization says water is ‘canary in the coalmine of climate change’ and calls for urgent action

Rivers dried up at the highest rate in three decades in 2023, putting global water supply at risk, data has shown.

Over the past five years, there have been lower-than-average river levels across the globe and reservoirs have also been low, according to the World Meteorological Organization’s (WMO) State of Global Water Resources report.

Continue reading...
Categories: Around The Web

Australian energy firm partners with Japanese government agency to manage methane emissions

Carbon Pulse - Mon, 2024-10-07 17:29
An Australia-headquartered energy firm has teamed up with a Japanese government affiliate to collaborate on improving methane emissions management with new technology.
Categories: Around The Web

AU Market: ACCU price retreats after bumper September

Carbon Pulse - Mon, 2024-10-07 16:16
The price of Australian Carbon Credit Units (ACCUs) has reversed the gains it made last month which saw a record 4.1 million units traded, according to analysis.
Categories: Around The Web

Australia has done nothing to reverse nature-harming govt subsidies, report finds

Carbon Pulse - Mon, 2024-10-07 14:56
Australia spends around 50 times more on subsidising activities that harm the environment than it spends on helping it, according to a first-of-its kind report examining government payments published Monday.
Categories: Around The Web

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