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Cop29 negotiations aren’t moving fast enough. The Pacific is running out of time | Surangel Whipps Jr

The Guardian - Tue, 2024-11-19 14:24

Small island states must continue to be protected by special circumstances and need access to sufficient climate-based finance, Palau’s president writes

A week into Cop29 negotiations, we’re not moving fast enough – or anywhere for that matter – on some key issues.

Climate finance, or more specifically the new collective quantified goal (NCQG) to replace the current $100bn a year goal, and the work to operationalise the loss and damage fund, are key expected outcomes here in Baku.

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California transport and natural gas emissions spike in 2023 under cap-and-trade programme

Carbon Pulse - Tue, 2024-11-19 12:49
Emissions from transportation fuel and gas supplied rose year-on-year in 2023, even as overall GHG output under the California cap-and-trade programme continued a declining trend led by industry and power sub-sectors, according to data from the regulator.
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Washington clarifies timeline for cap-and-invest changes after linkage bill takes effect

Carbon Pulse - Tue, 2024-11-19 12:31
Washington state’s Department of Ecology (ECY) on Monday highlighted upcoming cap-and-trade changes as a linkage bill takes effect beginning 2025, including an increase in allowance purchase limit at the quarterly auctions, offsets, and electricity imports.
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‘Graveyard of corals’ found after extreme heat and cyclones hit northern Great Barrier Reef

The Guardian - Tue, 2024-11-19 10:13

Marine scientists say one area around Cooktown and Lizard Island had lost more than a third of its live hard coral after bleaching event

Reefs across the north of the Great Barrier Reef have seen “substantial losses” of coral cover after a summer of extreme heat, two cyclones and major flooding, according to the first results of surveys from government marine scientists.

After the most widespread coral bleaching event seen on the world’s biggest reef system, the Australian Institute of Marine Science said one area around Cooktown and Lizard Island had lost more than a third of its live hard coral – the biggest annual drop in 39 years of monitoring.

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Let’s not waste another summer debating climate science – Australia’s energy transition can work for everyone | Peter Lewis

The Guardian - Tue, 2024-11-19 09:45

When the heat is on, the onus should be on the Coalition to explain why they don’t support measures to ensure their newly discovered battlers have access to rooftop solar

Australia is facing the extreme risk of dangerous concentrations of high pressure and hot air this summer. There is also a strong likelihood of heatwaves.

The return of the performatively anti-climate Donald Trump will see the world’s biggest per capita carbon polluter pull out of global targets, emboldening energy incumbents and their mouthpieces to amp up their attacks on renewables.

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US-based ocean CDR startup names new leadership

Carbon Pulse - Tue, 2024-11-19 08:18
A US-based ocean carbon removal startup has announced a series of leadership appointments aimed at accelerating the deployment of its carbon capture technology.
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US DOE funds $26 mln toward offshore Louisiana CCS project

Carbon Pulse - Tue, 2024-11-19 08:11
A carbon capture and storage (CCS) developer announced on Monday that it received a $26 million grant as part of the US Department of Energy's (DOE) CarbonSAFE Phase III programme, to advance a storage hub in Louisiana state waters.
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RGGI Market: Prices slide on thin volumes as observers await regulatory updates

Carbon Pulse - Tue, 2024-11-19 08:07
RGGI Allowance (RGA) prices retreated on lighter market activity amidst anticipation of additional announcements regarding the ongoing Third Program Review.
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Biochar developer eyes expansion to 200,000 carbon credits a year by 2027

Carbon Pulse - Tue, 2024-11-19 05:35
A biochar developer expects to issue 200,000 credits a year, certified by Puro.earth, by 2027.
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We pay less for houses in one-in-100 year flood zones – but overlook risks of more devastating floods

The Conversation - Tue, 2024-11-19 05:33
Floods are common in the Hawkesbury-Nepean Valley north of Sydney. But trends in house prices show us buyers don’t fully grasp the risk Song Shi, Associate Professor, Property Economics, University of Technology Sydney Mustapha Bangura, Lecturer in Property Economics, University of Technology Sydney Sumita Ghosh, Associate Professor in Planning, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Flatulence tax: Denmark agrees deal for livestock emissions levy

BBC - Tue, 2024-11-19 04:43
It is part of a wider plan to reduce emissions and pollution and restore natural habitat.
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Cop29: ‘We’re here for life and death reasons,’ says ex-climate minister of Pakistan

The Guardian - Tue, 2024-11-19 04:00

Sherry Rehman says rich nations should pay ‘internationally determined contributions’ to help poorer and worst-affected countries

Amid the endless politicking and inscrutable arguments at the UN climate negotiations in Baku, Azerbaijan, this month, it can be hard to remember what is at stake. That’s why Sherry Rehman, Pakistan’s former climate change minister, is calling on global leaders to “keep an eye on the big picture”.

“We’re here for life and death reasons,” Rehman said.

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VCM Report: Focus on Article 6 at COP risks leaving legacy voluntary sector in the shade

Carbon Pulse - Tue, 2024-11-19 03:45
COP29 has been sending mixed signals to the voluntary carbon market, with concerns that the keen focus on Article 6 credits would overshadow the sector in future.
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