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Emerging markets hedge fund takes strategic stake in VCM financier

Carbon Pulse - Sat, 2023-12-23 03:21
An emerging markets hedge fund has made an investment into a prominent climate financier in the voluntary carbon market.
Categories: Around The Web

ANALYSIS: How carbon capture could help bring Britain back closer to the EU

Carbon Pulse - Sat, 2023-12-23 03:19
The UK government’s announcement this week on its plans to set up a competitive carbon capture, utilisation and storage (CCUS) market was full of references to imports, opening up a way for the green transition to bring the UK and EU closer together in the wake of Brexit. 
Categories: Around The Web

Jaguar corridor investment fund targets raising up to $130 mln by mid-2024

Carbon Pulse - Sat, 2023-12-23 03:07
A fund focused on conservation in the ‘jaguar corridor’ area of Latin America aims to raise between $100 million and $130 mln by mid-2024, Carbon Pulse has learned.
Categories: Around The Web

‘It feels very fun and freeing’: US sees ebike boom after years of false starts

The Guardian - Sat, 2023-12-23 03:00

Sales surge as cities and states look to cut pollution from cars and improve options for Americans to get around

After several years of false starts, electric bikes are finally entering the American mainstream, amid booming sales of a multiplying number of models on offer and as more states offer incentives for people to ditch their cars and shift to two, motor-assisted, wheels.

This year could be considered “the year of the ebike”, according to John MacArthur, a transport researcher at Portland State University. Ebike sales in the United States leaped by 269% between 2019 and 2022, with the market size expected to have grown further in 2023, to be worth $2.59bn.

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Categories: Around The Web

Freeze of EU-US steel tariffs to pave way for end to trade war, says EU industry

Carbon Pulse - Sat, 2023-12-23 02:59
A decision by the EU to keep rebalancing tariffs on US steel and aluminium products on stand-by this week may be a sign that tension between the two sides is easing after a years-long dispute, the EU's industry hopes.
Categories: Around The Web

Carbon credit retirements for 2023 set to match 2022 levels, defying fears of dented market confidence

Carbon Pulse - Sat, 2023-12-23 02:03
Voluntary carbon credit retirements have almost reached the same level as a year earlier with just days remaining in 2023, boosted by a surge in activity by an oil major early on Friday.
Categories: Around The Web

Fund launches call for climate contribution projects ahead of fourth cash allocation

Carbon Pulse - Sat, 2023-12-23 01:36
A fund created as an alternative to carbon offsetting by a EU-based climate project platform has launched a three-pronged call for proposals ahead of its fourth round of allocations of grants and pre-purchases in Q2 2024.
Categories: Around The Web

ART programme lists Burkina Faso REDD+ concept

Carbon Pulse - Sat, 2023-12-23 01:07
The Secretariat of the ART carbon credit standard on Friday announced that it has approved a listing for Burkina Faso under its TREES jurisdictional certification programme.
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UK lawmakers urge govt to consider curbing aviation demand, account for carbon-intensive SAFs

Carbon Pulse - Sat, 2023-12-23 00:48
A cross-party group of British MPs has urged the UK government to consider demand management measures for the aviation sector and to account comprehensively for the carbon footprint of sustainable aviation fuels (SAFs) to ensure its 2050 net zero emissions goal is met.
Categories: Around The Web

No escape from CBAM: Indian industries bound to be severely impacted by new UK policy -experts

Carbon Pulse - Sat, 2023-12-23 00:32
Large Indian industries will be unable to escape the carbon border adjustment mechanism (CBAM) announced by the UK earlier this week, according to some trade experts, who further added that soon all value-added products will be included under the mechanism.
Categories: Around The Web

Euro Markets: EUAs post fifth increase in a row as market shrugs off 22% increase in auction volumes

Carbon Pulse - Sat, 2023-12-23 00:18
EUAs extended their week-long rally in a shortened session on Friday before the four-day Christmas break, shrugging off an initial dip in response to the 22% increase in auction volumes scheduled for the first eight months of 2024 as traders continued to trim short positions ahead of the holiday.
Categories: Around The Web

EU nations seek to keep rules for climate-related equity indices despite red tape cull

Carbon Pulse - Sat, 2023-12-23 00:12
Climate-related equity indices should still be subject to EU oversight, according to a position agreed by EU member states this week that endorsed a proposal that most benchmarks should not remain under the scope of regulation.
Categories: Around The Web

‘We are not hardcore hippies’: why our family chose a low income in order to have a richer life

The Guardian - Sat, 2023-12-23 00:00

Despite a typical suburban upbringing – and two PhDs – Jonathan Cornford and his family decided to restrain their consumption

When my wife, Kim, and I got married in 1995 we decided, in our youthful idealism, that we would try to “live simply so that others might simply live”. It turns out that living simply can sometimes be quite complicated. Nevertheless, from the outset it was clear to us that living simply should involve living on a lower income than the Australian norm. We were sort of downshifters, except we had never shifted up in the first place.

The bulk of our married life has been spent living at an income level that put us in the bottom 20% of Australian households. We now have two older teenagers, and for most of their lives our family technically hovered around the Australian household poverty line. But “poverty” has been very far from our experience.

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Categories: Around The Web

Sales of electric vehicles surge as fast-charging sites double across Australia in a year

The Guardian - Sat, 2023-12-23 00:00

EVs made up just 2% of new car sales in May 2022, but now 8.3% of new car sales in 2023 are battery powered

The climate change minister, Chris Bowen, has welcomed a boom in electric vehicle sales, revealing the number of fast-charging sites has nearly doubled in the last year.

National strategies on electric vehicles are expected to more than double the number of charger stations again within three years, as the federal government seeks to incentivise the use of cleaner cars. New fuel efficiency standards, expected to be outlined in early 2024, are likely to further discourage the sale of higher-emitting vehicles, making electric cars more attractive.

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Categories: Around The Web

(Senior) Quantitative Carbon Market Analyst, Veyt – Oslo

Carbon Pulse - Fri, 2023-12-22 23:18
As a Quantitative Carbon Market Analyst in Veyt you will contribute to developing our modelling framework for the European emission trading system (EU ETS) as well as predictive models for a growing number of emission trading systems around the world.
Categories: Around The Web

Conservationists challenge UK in court for overfishing

Carbon Pulse - Fri, 2023-12-22 22:54
A marine charity will reportedly apply to take the government to court next month to argue that it ignored the advice of an independent scientific body to set more stringent limits on fishing in 2024.
Categories: Around The Web

2023 was the year governments looked at the climate crisis – and decided to persecute the activists | Owen Jones

The Guardian - Fri, 2023-12-22 22:10

Around the world, the people fighting for the survival of our planet are being shamefully silenced and villified

Injustice is easy to oppose after it has receded into the past, and there is no cost to imagining yourself as a hero long after the event. Everyone celebrates the suffragettes now, but at the time they were vilified as hateful spinsters and terrorists. McCarthyism is a pejorative political label on right and left alike now, but at his peak, more Americans approved of Senator Joseph McCarthy than frowned on his witch-hunt. Most people would like to believe they’d have stood up against the homophobia of 1980s Britain – yet, by 1987, only 11% of the British public believed same-sex relations to be “not wrong at all”.

Which takes us to climate activism. This year has seen a global onslaught against people agitating for more action to mitigate the worst effects of the climate crisis. Courts can issue stern judgments, but so can history, and you have to wonder its future verdict on how the persecution and silencing of those raising the alarm only escalated when the scientific evidence had become so cast-iron, and when extreme weather events hammered home the imminent danger facing the human species. Here in Britain, a government which is reneging on its climate commitments – not least by expanding oil and gas licences – is simultaneously introducing repressive legislation to silence those holding them to account.

Owen Jones is a Guardian columnist

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Categories: Around The Web

INTERVIEW: Sweden could be the epicentre for producing green steel ingredients, says industry initiative

Carbon Pulse - Fri, 2023-12-22 21:46
An industry initiative to produce a low-carbon precursor for green steel is setting its sights on using Sweden’s renewable energy and high-quality iron ore resources as the backdrop for large-scale production for European export.
Categories: Around The Web

COMMENT: Update of the EU ETS free allocation – polluting for free during a climate crisis

Carbon Pulse - Fri, 2023-12-22 20:42
The proposed revision of EU ETS free allocations fails to deliver social and environmental change, write Lidia Tamellini of Carbon Market Watch and Aymeric Amand of Sandbag.
Categories: Around The Web

FEATURE: Digital MRV is growing up, set to bring greater transparency to voluntary carbon market

Carbon Pulse - Fri, 2023-12-22 19:58
Efforts to improve the digital mapping of land cover and calculate carbon stores over time have been pushed to the forefront in the voluntary carbon market (VCM) as stakeholders seek to strengthen the integrity and transparency of carbon projects.
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