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Tokyo government selects startups to kick off carbon offset projects

Carbon Pulse - Mon, 2024-08-12 17:39
The government of Tokyo has selected several climate startups to initiate voluntary projects that can create credits from nature-based and farming solutions, with the first batch of pilot projects to be implemented in the coming months.
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EU member states make scant progress in 2024 EUA handout

Carbon Pulse - Mon, 2024-08-12 17:37
EU member states handed out fewer than 10 million EUAs for 2024 to industrial installations in the last two weeks, raising the total number of permits issued by just 1.5 percentage points and leaving the market with more than 21% of its annual allocation still to be distributed among emitters.
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Pantanal waterway project would destroy a ‘paradise on Earth’, scientists warn

The Guardian - Mon, 2024-08-12 16:00

The South American wetland, which falls within Brazil, Bolivia and Paraguay, would be vulnerable to biome loss and increased wildfires

Dozens of scientists are sounding the alarm that carving a commercial waterway through the world’s largest wetlands could spell the “end of an entire biome”, and leave hundreds of thousands of hectares of land to be devastated by wildfires.

The Pantanal wetland – which falls within Brazil, Bolivia and Paraguay, covering an area almost half the size of Germany – is facing the proposed construction of a commercial waterway, as well as the expansion of industrial farming and spread of intense wildfires. A cohort of 40 scientists say the waterway development represents an existential threat to the ecosystem: reducing the floodplain, increasing the risk of fires and transforming the area into a landscape that could more easily be farmed.

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Industry push to earn carbon credits from Australia’s native forests would be a blow for nature and the climate

The Conversation - Mon, 2024-08-12 15:56
Australia cannot risk any further declines in its biodiversity resulting from harvesting native forests, or actions that bring further risks to its emissions-reduction goal. David Lindenmayer, Professor, Fenner School of Environment and Society, Australian National University Brendan Mackey, Director, Griffith Climate Action Beacon, Griffith University Heather Keith, Senior Research Fellow in Ecology, Griffith University Licensed as Creative Commons – attribution, no derivatives.
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Pushing the boundaries: Indian women in a man’s world – in pictures

The Guardian - Mon, 2024-08-12 15:00

A Thousand Thorns is a project by photographer Deepti Asthana documenting women’s changing aspirations in rural India through the story of two young female forest guards in Rajasthan’s Thar desert. Theirs is a scenario playing out in millions of homes – of the fight for equality and independence in a deeply patriarchal society

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Securities firm leads call for China OECMs

Carbon Pulse - Mon, 2024-08-12 14:08
A Shanghai- and Hong Kong-listed securities firm has issued a call for expressions of interest in Mainland China projects seeking status as Other Effective land-based Conservation Measures (OECMs) as part of the country’s efforts to meet its commitments under the Global Biodiversity Framework (GBF).
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Australian miners, airline commit A$80 mln to carbon origination fund in first close

Carbon Pulse - Mon, 2024-08-12 12:26
An Australian investment joint venture has launched a carbon credit fund focusing on reforesting agricultural land after securing A$80 million ($52 mln) in its initial close from some of the country’s largest miners and airlines.
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Australian fossil fuel exports ranked second globally for climate damage with ‘no plan’ for reduction

The Guardian - Mon, 2024-08-12 11:17

Coal and gas exports expected to remain roughly at current level until at least 2035 with 4.5% of emissions linked to Australia, report finds

Australia’s coal and gas exports cause more climate damage than those from any other country bar Russia, according to a new study that argues the country is undermining a global agreement to transition away from fossil fuels.

The analysis, commissioned by the University of New South Wales’ Australian Human Rights Institute, found Australia was the third biggest fossil fuel exporter on an energy basis in 2021, trailing only Russia and the US.

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Higher compensation proposed for poor water service

BBC - Mon, 2024-08-12 09:34
Water companies that miss standards should pay customers more compensation, the government proposes.
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Australia’s gas and coal exports taking vast share of remaining carbon budget -report

Carbon Pulse - Mon, 2024-08-12 09:01
Australia’s contribution to global warming and its share of the world’s carbon budget is much higher than it appears and within just over a decade could amount to 77 billion tonnes of CO2e, a report from one of Australia’s leading climate scientists cautions.
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Dug up in Australia, burned around the world – exporting fossil fuels undermines climate targets

The Conversation - Mon, 2024-08-12 06:15
A new report reveals Australia’s fossil fuel exports threaten the Paris Agreement to limit global warming to 1.5°C Bill Hare, Adjunct Professor of Energy, Murdoch University Licensed as Creative Commons – attribution, no derivatives.
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