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ANALYSIS: Absence of policy, meagre funds keep India from realising CDR potential

Carbon Pulse - Tue, 2024-10-15 16:59
An absence of knowledge and policy on durable carbon removals (CDR) at the government level, along with a lack of investor interest in funding such projects, is keeping India from realising its vast CDR potential, according to experts.
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New Zealand broker to launch new trading platform

Carbon Pulse - Tue, 2024-10-15 16:17
A New Zealand-based brokerage announced Tuesday it will launch a new version of its carbon trading platform next week.
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Foul smells and survival along the Caspian Sea – in pictures

The Guardian - Tue, 2024-10-15 16:00

As he travels along the Iranian coast, Khashayar Javanmardi photographs rusting ships, blazing wetland fires – and humans struggling to stay alive

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About 80% of countries fail to submit plans to preserve nature ahead of global summit

The Guardian - Tue, 2024-10-15 16:00

Countries promised to save 30% of land and sea for nature - but as their deadline approaches, only 24 have followed through with a plan

More than 80% of countries have failed to submit plans to meet a UN agreement to halt the destruction of Earth’s ecosystems, new analysis has found.

Nearly two years ago, the world struck a once-in-a-decade deal in Montreal, Canada, that included targets to protect 30% of land and sea for nature, reform billions of dollars on environmentally harmful subsidies and slash pesticide usage. Countries committed to submit their plans for meeting the agreement before the biodiversity Cop16 in Cali, Colombia, which begins this month – but only 25 countries have done so.

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Burning rubbish now UK’s dirtiest form of power

BBC - Tue, 2024-10-15 14:45
Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.
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Burning rubbish now UK’s dirtiest form of power

BBC - Tue, 2024-10-15 14:45
Nearly half of waste is now burned for energy, but BBC analysis finds it is as dirty as coal.
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Queensland Premier Steven Miles is promising to hold a vote on nuclear power. Here’s why

The Conversation - Tue, 2024-10-15 14:36
Queensland Premier Steven Miles has floated the idea of holding a plebiscite on nuclear power the day of the next federal election Anne Twomey, Professor Emerita in Constitutional Law, University of Sydney Licensed as Creative Commons – attribution, no derivatives.
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China continues to back coal power overseas despite commitment, report says

Carbon Pulse - Tue, 2024-10-15 14:27
China is still supporting the expansion of coal power overseas, with captive units remaining a loophole in the country's overseas coal ban, a report has found.
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Developer hands biodiversity crediting scheme to independent administrator

Carbon Pulse - Tue, 2024-10-15 10:00
Australia’s GreenCollar will hand its NaturePlus biodiversity crediting scheme to Accounting for Nature, in early 2025, for independent administration in a bid to enhance credibility and lay the foundations for market growth.
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UK ‘risks repeat of surging energy bills’ amid continued reliance on gas

The Guardian - Tue, 2024-10-15 09:01

Energy crisis panel warns country is ‘dangerously unprepared’ and must shift away from gas quickly

Britain is at risk of experiencing a repeat of the sharp increase in energy costs which has fuelled the continuing cost of living crisis because it relies too heavily on gas, according to an expert panel of industry leaders.

The Energy Crisis Commission has warned that the UK is still “dangerously underprepared” for another crisis because it continues to rely on gas for its power plants and home heating.

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LATAM Roundup: A big week for the Paris Agreement’s Article 6

Carbon Pulse - Tue, 2024-10-15 08:54
The week ending Oct. 13, which saw the UN Supervisory Body (SBM) for Article 6.4 circumvent negotiators to help operationalise Paris carbon markets, also welcomed key Article 6 statements out of Chile, ranging from new projects to potential use cases for Paris Agreement credits.
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New evidence says gas exports damage the climate even more than coal. It’s time Australia took serious action | Adam Morton

The Guardian - Tue, 2024-10-15 08:36

A US study estimates the total climate pollution from LNG was 33% greater than that from coal over a 20-year period. This should have major ramifications for emissions policy

The claim that Australian gas exports are “clean” and needed to drive the transition to net zero greenhouse gas emissions has become an article of faith for significant parts of the country’s industry, media and political classes – often repeated, only occasionally challenged.

It has buttressed a massive expansion of the liquified natural gas (LNG) industry in the north of the continent over the past decade, with major new developments in Queensland, Western Australia and the Northern Territory.

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US fund manager raises $80 mln for new forest conservation vehicle

Carbon Pulse - Tue, 2024-10-15 08:23
A US-registered impact timberland and farmland fund manager has raised $80 million from a single investor in the first close of latest forest conservation fund.
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Only one-third of Europe’s surface water qualifies as good or better, study finds

The Guardian - Tue, 2024-10-15 08:01

Data compiled by EEA shows quality of water bodies falls far short of target first set for 2015 and since extended to 2027

Only about one-third of Europe’s surface water is in good health or better, a report has found, despite an EU target first set for 2015 to bring all bodies of water up to good quality.

About 37% of Europe’s surface waters qualified as having at least a good ecological status and 29% a good chemical status in 2021, according to data from 19 member countries compiled by the European Environment Agency (EEA). The original deadline for the EU target has been extended to 2027 but data suggests this is on track to be missed by a wide margin.

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Broken: Study reveals sharp decline in global land carbon sink in 2023

Carbon Pulse - Tue, 2024-10-15 07:53
Last year saw a dramatic weakening of the global land carbon sink, the system that absorbs CO2 from the atmosphere, as the planet experienced record-breaking heat and severe droughts, a new study warns.
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EU wants more countries to contribute to global climate finance goal

Carbon Pulse - Tue, 2024-10-15 07:36
The EU is holding strong on its position that more countries need to contribute to the next global climate finance goal, with a plan to push for more money while ensuring that the bloc isn't spread too thin, according to the general negotiating mandate for COP29 adopted by climate and environment ministers late on Monday. 
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