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High integrity forest initiative releases methodology for biodiversity, climate units

Carbon Pulse - Fri, 2024-05-24 23:17
The High Integrity Forest (HIFOR) investment initiative backed by the Wildlife Conservation Society (WCS) released on Thursday its methodology to identify and issue units that could fit the nascent biodiversity credit market.
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New financing approach key to scaling nature tech market, report says

Carbon Pulse - Fri, 2024-05-24 23:00
Nature tech solutions have the potential to reduce costs of biodiversity conservation and support the development of financing mechanisms such as voluntary biodiversity credits, though greater collaboration between private and public sectors is needed to scale the market, a report has said.
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Government wins court case over River Wye pollution

BBC - Fri, 2024-05-24 22:06
The High Court ruled that the Environment Agency and the UK government were implementing the law properly.
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UK importing more bricks than ever and carbon cost is rising, study reveals

The Guardian - Fri, 2024-05-24 22:00

Imports have risen since Brexit despite brick producers saying UK can make enough for its own use

The UK is importing more of its bricks than ever and the carbon cost of each brick is rising, research has shown.

The UK is the number one country in the world for brick importation, according to data from the Massachusetts Institute of Technology’s Observatory of Economic Complexity.

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Nigerian govt agency invests in cookstoves developer to boost production, generate voluntary carbon credit revenue

Carbon Pulse - Fri, 2024-05-24 21:28
A Nigerian government agency has invested in a domestic cookstoves manufacturing firm and a carbon offset project developer to increase production of cookstoves and to leverage the credit proceeds, the agency announced Thursday.
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Verra consults on proposed changes to voluntary carbon reforestation methodology VM0047

Carbon Pulse - Fri, 2024-05-24 21:26
Verra has launched a public consultation on a methodology for afforestation, reforestation and revegetation, as well as a tweak to a second related methodology for the project activity, it announced Friday.
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Euro Markets: Midday update

Carbon Pulse - Fri, 2024-05-24 21:22
EU carbon prices eased back for the third successive session, though still remain on course for a strong weekly gain, with analysts pointing to a resumed correlation with gas, soft fundamentals, and an overall lack of clear market direction.
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Scientists transplant soil fungi in race to save world’s threatened orchids

The Guardian - Fri, 2024-05-24 21:02

Display at Chelsea flower show highlights work in UK and US to bring orchid habitats back to health

Scientists are racing against the clock to save the world’s orchids by discovering the soil fungi they need to thrive, breeding them and then, in a first for conservation, transplanting them into orchid habitats.

Among the showy blooms at Chelsea flower show this week was a moss-covered exhibit, sprouting from which were the types of rare, native flowers one does not normally see at horticultural exhibits.

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EU’s sweeping corporate due diligence law clears final hurdle

Carbon Pulse - Fri, 2024-05-24 21:02
The Council of EU member states voted Friday to adopt the bloc's Corporate Sustainability Due Diligence Directive (CSDDD), requiring companies with a turnover of more than €450 million to observe human rights and environmental obligations along their entire supply chain or face fines of up to 5% of their global turnover.
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Seven EU countries plead for greater use of recycled carbon in chemicals, plastics

Carbon Pulse - Fri, 2024-05-24 19:49
A group of seven EU countries are presenting plans on Friday for greater use of recycled materials, biomass, and captured CO2 to replace fossil carbon in the chemical sector, arguing this will help restore the industry’s lost competitiveness.
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CN Markets: CEAs stable as liquidity improves, price outlook remains blurry

Carbon Pulse - Fri, 2024-05-24 18:26
Prices in China’s CO2 allowance market over the past week remained stable with healthier trading volumes, though the continued absence of policy updates is expected to limit the potential for price growth.
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Australian agri-tech firm develops beta soil organic carbon measurement models

Carbon Pulse - Fri, 2024-05-24 17:46
An Australian agri-tech company has developed beta soil organic carbon measurement models that it says can reduce the reliance on extensive physical soil sampling.
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North Yorkshire town has UK’s highest concentration of ‘forever chemicals’

The Guardian - Fri, 2024-05-24 17:30

PFAS contamination recorded in groundwater on Angus Fire site in Bentham, and includes chemicals with known health impacts

A small North Yorkshire town has been found to have the highest concentration of “forever chemicals” in the UK, it can be revealed.

The market town of Bentham, which is home to 3,000 people and set on the banks of the River Wenning, is also home to the Angus International Safety Group – locally known as Angus Fire – which, since the 1970s, has been producing firefighting foams containing PFAS at a factory near the town centre.

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Conservation International to enter nature credit market, screen buyers

Carbon Pulse - Fri, 2024-05-24 17:28
Conservation International has announced its intention to participate in the nature and biodiversity credit markets, outlining guardrails it will abide to, including refusing to sell units to fossil fuel companies and firms without zero deforestation targets.
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Why a new ruling on the law of the sea and climate change matters for Australia and especially our island neighbours

The Conversation - Fri, 2024-05-24 17:11
The ruling could be a legal game-changer for small island nations that are trying to hold developed nations to account for the impacts of their greenhouse gas emissions. Clive Schofield, Professor, Australian National Centre for Ocean Resources and Security (ANCORS), University of Wollongong Karen Scott, Professor in Law, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
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The government’s cash splash aims to kickstart Australia’s battery industry. Has it flipped the right switches?

The Conversation - Fri, 2024-05-24 17:07
Australia has all the key ingredients to build a booming battery industry. We just need to find the right cooks and co-ordinate all of this frantic activity to get this big opportunity right. Glen Thomas Currie, Energy Systems Program Impact Manager, Climateworks, Monash University, Monash University Anna Malos, Climateworks Centre - Country Lead, Australia, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Week in wildlife – in pictures: dormouse gets a checkup, a lucky kingfisher and a waving seal pup

The Guardian - Fri, 2024-05-24 17:00

The best of this week’s wildlife photographs from around the world

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Heavy water: how melting ice sheets and pumped groundwater can lower local sea levels – and boost them elsewhere

The Conversation - Fri, 2024-05-24 16:51
Water is very heavy – and it can move. Until now, changes to water on land have actually offset much of the rising sea level from ice melt. How? Gravity Rebecca McGirr, Postdoctoral research fellow, Australian National University Anthony Purcell, Research Fellow, Australian National University Herbert McQueen, Research officer, Earth Sciences, Australian National University Paul Tregoning, Head, Climate and Ocean Geosciences, Research School of Earth Sciences, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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CCS project vetoed in Australia over water pollution concerns

Carbon Pulse - Fri, 2024-05-24 16:28
A Glencore pilot carbon capture and storage project was knocked back by the Queensland state government Friday over what it said were serious environmental concerns, shutting the door to any further CCS projects in the area.
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Australian student helps discover potentially habitable planet the size of Earth – video

The Guardian - Fri, 2024-05-24 16:02

Shishir Dholakia of the University of Southern Queensland's Centre for Astrophsics has identified Gliese 12b, a possibly temperate Earth-sized planet just 40 light years away. The student has been co-leading an international team that published the discovery in the Monthly Notices of the Royal Astronomical Society

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