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Abandoning Bass Strait oil and gas structures would breach international law, expert warns

The Guardian - Tue, 2024-10-29 00:00

Australia must insist on full removal when ExxonMobil decommissions offshore gas project, Wilderness Society says

An international law expert has warned abandoning oil and gas infrastructure in Bass Strait would breach Australia’s obligations under international law, if ExxonMobil pursues this plan in decommissioning its Gippsland offshore project.

Prof Donald Rothwell, who specialises in international law at the Australian National University, said Bass Strait was used for international navigation and had special status under the UN convention on the law of the sea (Unclos) and related International Maritime Organisation (IMO) guidelines.

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INTERVIEW: “We can be first movers on CCS” says EU fertiliser industry

Carbon Pulse - Mon, 2024-10-28 23:46
The European fertiliser industry has made strides on climate in the last 20 years, cutting emissions by nearly 50% since 2005. To tackle the remaining half, two options are available - but neither are cheap or easy, the sector's EU trade association told Carbon Pulse in an interview.
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Two Finnish firms partner to test carbon nanofibers in concrete

Carbon Pulse - Mon, 2024-10-28 23:20
Two Finland-based low-carbon technology companies have signed a commercial agreement to evaluate how carbon nanofibers might improve the strength of concrete and lower its carbon emissions, the firms announced on Monday.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-10-28 22:22
European carbon fell in line with natural gas and along with all energy markets on Monday morning as geopolitical tensions were judged to be lessening in the wake of Israeli attacks on military targets in Iran over the weekend.
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COP16: Philanthropies put over $50 mln on table for high-seas MPAs

Carbon Pulse - Mon, 2024-10-28 22:08
A group of major philanthropies on Monday announced they will contribute $51.7 million towards creating marine protected areas (MPAs) in international waters under the UN High Seas Treaty.
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EUA winter price outlook hinges on weather, speculative positions in TTF –analyst

Carbon Pulse - Mon, 2024-10-28 20:01
The outlook for EUA prices over the coming winter will largely depend on whether natural gas prices can hold on to their recent gains and whether speculative investors continue to hold significant long positions in TTF derivatives, according to an analyst.
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Conservatives come to power in Australia’s Queensland, promising to keep coal power plants open

Carbon Pulse - Mon, 2024-10-28 19:58
Australia’s Queensland has elected its first Liberal-National government in almost a decade after state elections on Saturday, promising to repeal the state's renewable energy target of 80% by 2035 and to keep coal-fired plants open.
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China should introduce uniform price auctions to national ETS, say researchers

Carbon Pulse - Mon, 2024-10-28 19:17
China should introduce a uniform price auctioning mechanism to its national emissions market, with an initial auction share of 3%–10% and predictable reserve prices to balance equity, efficiency, and administrative costs, a research paper has suggested.
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World way off target in tackling climate change - UN

BBC - Mon, 2024-10-28 19:00
The world is wildly off track in tackling climate change, the UN says, as CO2 in the atmosphere accumulates faster than ever
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World way off target in tackling climate change - UN

BBC - Mon, 2024-10-28 19:00
The world is wildly off track in tackling climate change, the UN says, as CO2 in the atmosphere accumulates faster than ever
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NDCs fall “miles short” of emission cuts to meet Paris goals, UNFCCC warns

Carbon Pulse - Mon, 2024-10-28 19:00
Existing national contributions to the Paris Agreement are unsurprisingly inadequate, at most leading to a mere 2.6% decline in global greenhouse gas emissions over the 2020s, according to a UN report released on Monday.
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Planet-heating pollutants in atmosphere hit record levels in 2023

The Guardian - Mon, 2024-10-28 19:00

Carbon dioxide concentration has increased by more than 10% in just two decades, reports World Meteorological Organization

The concentration of planet-heating pollutants clogging the atmosphere hit record levels in 2023, the World Meteorological Organization (WMO) has said.

It found carbon dioxide is accumulating faster than at any time in human history, with concentrations having risen by more than 10% in just two decades.

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Miscarriages due to climate crisis a ‘blind spot’ in action plans – report

The Guardian - Mon, 2024-10-28 18:00

The harm to babies and mothers is one of the warnings being sent to Cop29 decision-makers by leading scientists

Miscarriages, premature babies and harm to mothers caused by the climate crisis are a “blind spot” in action plans, according to a report aimed at the decision-makers who will attend the Cop29 summit in November.

Potential collapse of the Amazon rainforest, vital Atlantic Ocean currents and essential infrastructure in cities are also among the dangers cited by an international group of 80 leading scientists from 45 countries. The report collects the latest insights from physical and social science to inform the negotiations at the UN climate summit in Azerbaijan.

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Santos sued by its own shareholder in world-first greenwashing case

The Guardian - Mon, 2024-10-28 17:43

Australasian Centre for Corporate Responsibility alleges Santos’s plan to reach net zero by 2040 is ‘little more than a series of speculations’

A world-first greenwashing case that seeks to hold oil and gas company Santos accountable for its net zero commitments began in the federal court today, brought by one of its own shareholders, the Australasian Centre for Corporate Responsibility (ACCR).

The organisation claims Santos did not have a proper basis for saying it had a clear pathway to reduce emissions by 26% to 30% by 2030 and reach net zero by 2040, which constituted misleading or deceptive conduct in breach of Australian corporate and consumer laws.

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Climate watchdog releases draft guide to prevent greenwashing

Carbon Pulse - Mon, 2024-10-28 17:16
Climate watchdog RimbaWatch has released a draft guide that aims to define what practices constitute greenwashing in Southeast Asia.
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AU Market: ACCU project registration soars in Q3, regulator data shows  

Carbon Pulse - Mon, 2024-10-28 16:42
A record number of Australian Carbon Credit Unit (ACCU) projects were registered in the third quarter this year, according to regulatory data.
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Singapore company launches carbon neutral LNG product

Carbon Pulse - Mon, 2024-10-28 16:37
Singapore’s H2G Green Limited launched two LNG projects aiming to decarbonise the emissions-heavy commodity.
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FEATURE: The forgotten legal clause that could unlock EU carbon credits under CORSIA and ETS

Carbon Pulse - Mon, 2024-10-28 16:00
An overlooked clause in the EU ETS directive could be used as a way to integrate carbon removals in the bloc’s carbon trading system and unlock credits under the United Nation's CORSIA scheme for offsetting aviation emissions, according to policy experts.
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Pollutants from gas stoves kill 40,000 Europeans each year, report finds

The Guardian - Mon, 2024-10-28 15:00

Study says harmful gases linked to heart and lung disease shave nearly two years off a person’s life

Gas stoves kill 40,000 Europeans each year by pumping pollutants into their lungs, a report has found, a death toll twice as high as that from car crashes.

The cookers spew harmful gases linked to heart and lung disease but experts warn there is little public awareness of their dangers. On average, using a gas stove shaves nearly two years off a person’s life, according to a study of households in the EU and UK.

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