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LCFS surplus bank reaches new highs with record net credit build in Q3

Carbon Pulse - 4 hours 5 min ago
California’s Low Carbon Fuel Standard (LCFS) cumulative credit surplus surged to a record high of 4 mln in Q3, as renewable diesel (RD) and renewable natural gas (RNG) net credits reached new peaks, according to state data.
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CFTC: Investors continue CCA, LCFS pullback

Carbon Pulse - 4 hours 11 min ago
Financial entities continued to cool off from California Carbon Allowance (CCA) and Low Carbon Fuel Standard (LFS) futures and options holdings, while emitters increased longer-dated CCAs and LFS positions, latest figures from the US Commodity Futures Trading Commission (CFTC) showed Friday.
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Carney plans to replace Canadian consumer carbon tax with ‘green’ incentives, industry to pick up tab

Carbon Pulse - 5 hours 2 min ago
Federal Liberal leadership hopeful Mark Carney, former governor of the Bank of Canada, is pledging to scrap the country’s revenue-neutral consumer carbon tax in favour of 'green' incentives and tougher targets for heavy industry.
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American timberland firm expects surge in carbon credit sales amid rising demand

Carbon Pulse - 6 hours 21 min ago
An American timberland company anticipates a sharp rise in voluntary carbon credit sales in 2025, forecasting a five-to-ten-fold increase compared to 2024, as demand for high-integrity forest carbon projects continues to grow, its executives said on Friday.
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‘Perfect rat storm’: urban rodent numbers soar as the climate heats, study finds

The Guardian - 10 hours 23 min ago

Sharp rise in population in 11 of 16 cities expected to continue as rising temperatures make it easier for the animals to breed, say researchers

Rat numbers are soaring in cities as global temperatures warm, research shows.

Washington DC, San Francisco, Toronto, New York City and Amsterdam had the greatest increase in these rodents, according to the study, which looked at data from 16 cities globally. Eleven of the cities showed “significant increasing trends in rat numbers”, said the paper published in the journal Science Advances, and these trends were likely to continue.

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Starmer warned against approving oilfield after Labour unease over Heathrow

The Guardian - 11 hours 24 min ago

Exclusive: MPs and ministers say they plan to oppose the PM if he gives consent to the Rosebank development

Senior Labour figures are warning of a serious fight if Keir Starmer tries to give the go-ahead to a giant new oilfield off Shetland later this year.

MPs and ministers have told the Guardian they are prepared to oppose the UK prime minister should he try and give final consent to the Rosebank development, which is Britain’s biggest untapped oilfield.

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G20 falls behind on climate pledges as NDC deadline approaches

Carbon Pulse - 12 hours 40 min ago
As time runs out for countries around the world to submit new national emissions reduction targets to the UN, G20 nations are failing to lead by example, researchers have found.
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Germany greenlights overdue EU ETS reform law

Carbon Pulse - 13 hours 3 sec ago
Europe's largest economy has finally moved to transpose the latest version of the EU Emissions Trading System (ETS) regulation into national law.
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WTO-backed technology transfer can help Caribbean meet EU CBAM challenge -think tank

Carbon Pulse - 13 hours 22 min ago
The World Trade Organization (WTO) can support members of the Caribbean Community (CARICOM) intergovernmental union to avert the worst impacts of the EU Carbon Border Adjustment Mechanism (CBAM), according to a regional think tank, though CARICOM should also pursue greater intra-bloc alignment between climate and international trade policy.
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EU’s 2040 climate target plan facing delay, amid political infighting

Carbon Pulse - 14 hours 4 min ago
The European Commission will put forward its 2040 climate target bill “sooner rather than later”, a spokesperson said Friday, reaffirming that Europe’s aim is still to get its legislation adopted before the COP30 UN climate summit in November.
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Britain’s favourite fish at risk of wipeout within decades, predicts report

The Guardian - 14 hours 25 min ago

Brown trout unlikely to survive in most rivers at height of summer by 2080, says Environment Agency

It has been native to Britain for thousands of years and was heralded as the national fish on the BBC’s Springwatch, but a government report suggests the brown trout risks being wiped out in large parts of England within decades.

The first national temperature projections for English rivers by the Environment Agency forecasts that by 2080 the water will be too warm almost everywhere in England at the height of summer for the iconic Salmo trutta species to feed and grow.

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INTERVIEW: Carbon industry misinterpreting definition of ‘net zero’ emissions, says physicist

Carbon Pulse - 14 hours 41 min ago
Carbon markets are misinterpreting how the target of “zero net emissions” should be reached, according to a physicist behind the concept, speaking to Carbon Pulse.
Categories: Around The Web

Ghana to explore pension scheme funded by carbon credits, green group hits back -media

Carbon Pulse - 14 hours 58 min ago
The parliament of Ghana has set up a committee to explore a proposed pension scheme for the members which will be funded by revenues generated from carbon credits, even as the idea has been severely criticised by a local non-profit.
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Farmland in England to be reduced by more than 10% under government plans

The Guardian - 15 hours 15 min ago

Grassland for livestock faces largest cut, so people will be encouraged to eat less meat, says environment secretary

Farmland in England will be reduced by more than 10% by 2050 under government plans, with less meat produced and eaten by the country’s citizens.

The environment secretary, Steve Reed, launched the government’s blueprint for land use change on Friday, designed to balance the need to build infrastructure and meet nature and carbon targets.

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UK govt launches consultation on land use framework

Carbon Pulse - 15 hours 19 min ago
The UK government launched on Friday a public consultation on a framework aimed at enhancing decision-making on land use across the country, with potential implications for the emerging nature markets.
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Australia tried to influence other countries and Unesco to keep Great Barrier Reef off in-danger list

The Guardian - 15 hours 23 min ago

Exclusive: Documents seen by Guardian Australia show a sustained strategy approved by environment minister Tanya Plibersek

The Australian government carried out an international lobbying campaign to keep the Great Barrier Reef off a list of world heritage sites in danger, including dispatching politicians and officials to Unesco’s Paris headquarters and asking diplomats to gather intelligence on countries that could influence the decision.

The campaign is revealed in documents released to the Greens after a parliamentary request and show how Australia sought to influence Unesco and members of the 21-country world heritage committee in the lead up to a crunch meeting in July last year.

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INTERVIEW: New Climate Label certification could raise almost $7 mln annually for carbon credits

Carbon Pulse - Fri, 2025-01-31 23:48
A new certification requiring consumer brands to set a $15/tonne internal carbon fee could raise $6.75 million this year to be spent on carbon credits, if the companies signed up so far maximise the full potential of offsetting available to them.
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US DOE awards up to $1.5 mln to Canadian CCS developer for pulp mill carbon capture study

Carbon Pulse - Fri, 2025-01-31 23:06
The US DOE has selected a Canadian carbon capture and storage (CCS) developer for a cost-sharing deal of up to $1.5 million to study CO2 capture at an Arkansas pulp site, the British Columbia-based firm said this week.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2025-01-31 22:57
European carbon permits were poised to return a 14% monthly rise in January after posting a seventh gain in the last 10 days on Friday morning, with a strong auction outcome underpinning the market's stability amid strength in power and gas, while UKAs remained on course to record their largest-ever weekly gain.
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Gold Standard consults on new methodology tackling huge GHG pollution from aircraft contrails

Carbon Pulse - Fri, 2025-01-31 22:54
Gold Standard is seeking feedback on a methodology to eradicate the huge emissions from commercial aircraft contrails that is as about as two thirds as potent to global warming than aviation CO2 emissions.
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