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US startup launches ocean-based CDR project off North Carolina coast in race for sub-$100/t abatement price tag

Carbon Pulse - Thu, 2024-07-18 09:22
A US-registered public benefit corporation has initiated an ocean-based CO2 removal (CDR) project off the coast of North Carolina by dumping 8,200 tonnes of olivine sand into the sea, targeting an abatement cost under $100/tonne by 2030.
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UK businesses urged to launch collective carbon offsetting fund

Carbon Pulse - Thu, 2024-07-18 09:01
UK businesses have been urged to come together to launch a collective fund to address the current shortfall in available carbon projects in the country by aggregating the purchasing power of different companies looking to offset their residual emissions.
Categories: Around The Web

Big ag uses distract, delay, and derail tactics to avoid climate action, undermine emissions impact -think tank

Carbon Pulse - Thu, 2024-07-18 09:01
The world’s 22 largest meat and dairy corporations are masters of distraction and denial when it comes to tackling their climate footprint, with a heavy reliance on offsets to meet net zero plans and efforts to block emissions regulation, alongside downplaying methane’s true climate impact, according to a new report.
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Canadian government seeks feedback on federal offset projects on crown, public land

Carbon Pulse - Thu, 2024-07-18 08:42
The Canadian environment ministry is seeking feedback on a white paper released Wednesday that outlines preliminary considerations for nature-based federal offset projects on state-owned or public land.
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US Department of Energy to fund R&D into methane-spewing orphaned wells

Carbon Pulse - Thu, 2024-07-18 07:54
The US Department of Energy (DOE) published a notice of intent Monday to support R&D projects addressing undocumented orphaned wells (UOW), as well as options for remediation of these major sources of methane.
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California city voters to decide on Chevron’s refinery tax measure this November

Carbon Pulse - Thu, 2024-07-18 07:48
A tax measure set to appear on a California city’s ballot this November could require Chevron to pay additional fees for oil refined within the region.
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US algae-based CDR firm announces Series B funding worth tens of millions of dollars

Carbon Pulse - Thu, 2024-07-18 06:32
A Florida-headquartered algae-based carbon removals (CDR) project developer on Wednesday announced the completion of a Series B2 funding round valued in the tens of millions of dollars.
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Global hotel chain launches community of low-carbon properties

Carbon Pulse - Thu, 2024-07-18 06:18
A global hotel chain announced a new programme on Wednesday to encourage wider adoption of carbon reduction practices across its network of properties.
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Our cities’ secret gardens: we connect with nature in neglected green spaces just as much as in parks

The Conversation - Thu, 2024-07-18 06:12
The tangle of greenery along railway lines, flowers growing on vacant lots, or unmown grassy patches under power lines, it turns out people in cities engage with nature in all these spaces. Hugh Stanford, Researcher Associate, Centre for Urban Research, RMIT University Holly Kirk, Research Fellow, Interdisciplinary Conservation Science Research Group (ICON Science), RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Blood thinner could be used to treat cobra venom, global study suggests

The Guardian - Thu, 2024-07-18 04:00

Snakebites, the ‘deadliest of neglected tropical diseases’ often impact rural communities the most, but a new study offers hope

A commonly used blood thinner can be used as an antidote to cobra venom, an international study has found, research that a Queensland expert has called “really exciting”.

In the study, published in the Journal of Science Translational Medicine on Thursday, Prof Nicholas Casewell described snakebites as the “deadliest of neglected tropical diseases, with its burden landing overwhelmingly on rural communities in low and middle income countries”.

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US government urged to declare wildfire smoke and extreme heat major disasters

The Guardian - Thu, 2024-07-18 03:12

Fourteen attorneys general petition federal emergency officials as millions in US under excessive heat advisories

Fourteen state attorneys general are urging the federal government to declare extreme heat and wildfire smoke major disasters. The petition comes as millions of people in the south and north-east face excessive heat advisories, and large swaths of the western US and Canada battle ongoing wildfires.

“The likelihood of high-severity extreme heat and wildfire smoke events is increasing due in part to climate change,” wrote the Arizona attorney general, Kris Mayes, in a letter submitted to the Federal Emergency Management Agency on Tuesday. “We urge Fema to update its regulations to prepare for this hotter, smokier future.”

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Gaps in UK carbon accounting regulations make tracking emissions more complicated, says report

Carbon Pulse - Thu, 2024-07-18 03:01
Gaps in UK carbon accounting regulation are making it more complicated to track UK emissions, according to a new report.
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With this king’s speech, Starmer has staked everything on the long game. But politics has a habit of moving fast | Martin Kettle

The Guardian - Thu, 2024-07-18 02:48

The NHS, child poverty, defence: Labour is selling itself on its ability to get some big things done

Britain’s new government has just reached the point where things get serious. The king’s speech marks the ceremonial divide between Labour’s pinch-yourself fortnight following the 4 July election landslide and the start of the hard slog of delivery, by which Keir Starmer’s government will actually be judged next time. It’s the end of the overture and the start of the drama itself, the part that really matters.

Before the election there was a debate among those around Starmer about how to approach the opening days in government. Some wanted the new government to immediately trigger a blizzard of activity to show that Labour was active and a contrast to the Conservatives. In this view, promoted in particular by Starmer’s chief of staff, Sue Gray, the first 100 days were crucial, an agenda-driven opportunity to reignite confidence in government.

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BRIEFING: How regulation is becoming ‘a major issue’ for all carbon market participants

Carbon Pulse - Thu, 2024-07-18 02:12
Regulation is becoming a major risk for carbon market participants in a growing number of jurisdictions, experts said at a panel discussion on Tuesday organised by Gold Standard. 
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Sugarcane producers to receive $4/t under Brazilian benefit-sharing scheme -media

Carbon Pulse - Thu, 2024-07-18 02:00
Sugarcane suppliers will receive R$2-3 ($0.50) per tonne of cane converted into ethanol and then CBio credits, which represent 1 tonne CO2 avoided relative to conventional fossil fuels, according to Brazilian media.
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Chile to experience severe supply crunch of tax-eligible carbon offsets in 2024

Carbon Pulse - Thu, 2024-07-18 01:38
The South American country, which as of 2023 accepts select carbon credits in lieu of payment of its $5 per tonne tax, will see minimal supply emerge in 2024 despite hopes that the mechanism would take off once liable entities had sufficient time to source offsets.
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Shareholders in UK forest carbon fund accept acquisition bid

Carbon Pulse - Thu, 2024-07-18 01:29
The shareholders of a UK forest carbon fund have voted to accept a bid from an investment vehicle, owned by an existing shareholder, to acquire the firm, according to public documents.
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Azerbaijan hopes to broker new finance goal and end Article 6 stalemate at COP29

Carbon Pulse - Thu, 2024-07-18 01:23
Azerbaijan's COP29 presidency is bringing together top negotiators next week to advance complicated talks on two of Baku's priorities for the summit - agreement on a new global climate finance goal, and finalisation of the Paris Agreement's rules for international carbon markets, it announced on Wednesday.
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Multinational brewery chain withdraws climate claim, exits voluntary carbon market

Carbon Pulse - Thu, 2024-07-18 00:59
A multinational brewery and pub chain has decided to withdraw its carbon negative claim and stop purchasing voluntary carbon credits to focus on reducing emissions instead.
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Carbon pricing can play ‘pivotal’ role in Western Balkans energy transition, says World Bank

Carbon Pulse - Thu, 2024-07-18 00:58
Carbon pricing mechanisms can play a pivotal role in transitioning the economies of the Western Balkans by incentivising clean energy investments, limiting their exposure to the EU's carbon tariff, while raising revenue that can be used to support vulnerable communities, the World Bank said in a report published Wednesday.
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