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INTERVIEW: The legal red flags of dropping carbon removals into compliance schemes

Carbon Pulse - Wed, 2024-09-25 02:42
The undefined legal nature of a carbon credit, and the vast gulley between the cost of many new technologies and current allowance prices, are red flags cited by a lawyer reflecting on proposals to integrate carbon removals in compliance schemes.
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Three-quarters of voluntary carbon supply is ‘low quality and low price’ – report

Carbon Pulse - Wed, 2024-09-25 02:38
Three-quarters of carbon projects in the voluntary carbon market (VCM) are ‘low quality and low price’, according to new research published on Tuesday.
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Next EU ETS revision to address carbon capture and removals, official says

Carbon Pulse - Wed, 2024-09-25 01:42
There will be a role for carbon removals in the late 2030s to address the residual emissions of agriculture and hard-to-abate industries in the European carbon market, an issue that will be addressed in the next revision of the ETS directive, an EU official confirmed on Tuesday.
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Hungary aims to address farmers’ CAP worries during its EU presidency

Carbon Pulse - Wed, 2024-09-25 01:31
Hungary is expected to address European farmers' concerns around the Common Agricultural Policy (CAP) - including on extreme weather associated with climate change and the Green Deal's objectives - by the end of its rotating presidency of the EU Council, according to a minister.
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Few companies buying voluntary carbon credits as a ‘licence to pollute’, finds report

Carbon Pulse - Wed, 2024-09-25 01:21
Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.
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Global disclosure system, climate data platform expand partnership to provide information from 10,000 companies

Carbon Pulse - Wed, 2024-09-25 01:15
An open repository for private sector climate data and an independent environmental disclosure platform will expand their partnership to publicly share a core set of climate data from over 10,000 companies, the two organisations announced Tuesday.
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Quolls and bettongs join bilbies and bandicoots as locally extinct species reintroduced to NSW national park

The Guardian - Wed, 2024-09-25 01:00

‘It’s like time-travelling,’ says Dr Rebecca West – ‘we’re reversing and going back to what it would have been like 200 years ago’

Quolls and bettongs delivered to the far north-west corner of New South Wales are the final piece of a decade-long project to reintroduce seven locally extinct mammals to the arid desert landscape.

Twenty burrowing bettongs and 20 western quolls have been released into Sturt national park as part of the Wild Deserts project. They joined previously released and flourishing populations of bilbies, bandicoots and mulgaras (a small but ferocious native predator).

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Categories: Around The Web

INTERVIEW: Elephant rewilder plans biodiversity credits from 84,000 hectares

Carbon Pulse - Wed, 2024-09-25 00:46
A Zimbabwean elephant rewilding company is planning to more than double the area from which it will generate biodiversity credits up to 84,000 hectares, Carbon Pulse has learned.
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CWNYC24: Emissions registry announces three methodologies for projects reducing non-CO2 gases

Carbon Pulse - Wed, 2024-09-25 00:19
A recently launched registry focused on reducing non-CO2 planet-warming gases on Tuesday announced the release of three methodologies at Climate Week NYC.
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Guidance seeks to help private equity integrate carbon value into investment decisions

Carbon Pulse - Wed, 2024-09-25 00:13
A UK-based consultancy and a CEO-level private equity working group have released joint guidelines for integrating carbon valuation into investment decisions.
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UNDP urges South Africa to rethink biodiversity funding options

Carbon Pulse - Tue, 2024-09-24 23:09
South Africa’s biodiversity stewardship model has been successful but relies heavily on public and NGO funding, creating a finance gap that must be closed through other sources, according to the UNDP’s Biodiversity Finance Initiative (BIOFIN).
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Drax launches ‘Elimini’ to spearhead global ambitions in carbon removal

Carbon Pulse - Tue, 2024-09-24 23:00
UK power company Drax has launched a new US-based subsidiary at New York Climate Week that will spearhead its plans to become a global leader in bioenergy with carbon capture and storage (BECCS).
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Brazilian state signs deal worth $180 mln to sell J-REDD+ carbon credits

Carbon Pulse - Tue, 2024-09-24 22:56
A Brazilian state has agreed a deal worth an estimated $180 million to sell jurisdictional REDD+ credits to a public-private forest finance coalition.
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Data platform releases nature footprint mapping tool

Carbon Pulse - Tue, 2024-09-24 22:30
An open-access data platform has launched a tool aimed at enabling companies, financial institutions, and governments to better understand their impact on nature, it announced Tuesday during Climate Week NYC.
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PREVIEW: Low expectations as IMO talks to cut shipping emissions kick off

Carbon Pulse - Tue, 2024-09-24 22:20
Talks starting next week at the International Maritime Organisation (IMO) on whether to introduce a global greenhouse gas levy and a goal-based fuel standard for the shipping sector are unlikely to yield significant advances, according to people close to the negotiations.
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INTERVIEW: EU’s default emissions factors should be “avoided at all cost” by private sector

Carbon Pulse - Tue, 2024-09-24 22:00
EU default values that convert business spend into Scope 3 emissions are outdated, inaccurate, and “need to be avoided at all costs” for firms doing mandatory reporting, according to the head scientist at a proprietary emissions factor database.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-09-24 21:40
European carbon allowances held firm, trading in a thin range on Tuesday morning, even as gas eased lower with traders still awaiting clarity on a possible Azeri-Ukraine transit deal, while EUAs were said to be supported by some late compliance buying ahead of next week's deadline, with participants keeping close to key price points in anticipation of Wednesday's options expiry.
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SBTN corporate pilot paves the way for nature target adoption despite tough challenges

Carbon Pulse - Tue, 2024-09-24 20:31
The Science Based Targets Network (SBTN) outlined the outcomes of its first corporate pilot for nature targets, with some companies gearing up for adopting their drafts, in a report published on Monday.
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CWNYC24: Annual nature-based solution investments in Brazil, Caribbean grow past $1.6 bln -report

Carbon Pulse - Tue, 2024-09-24 20:30
At least $1.67 billion have been allocated to nature-based solutions (NbS) in Brazil and the Caribbean over the past year, with agriculture-focused solutions seen as the top priority, according to a report released this week.
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