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People rescued from rooftops as flooding hits northern Italy – video

The Guardian - Fri, 2024-09-20 21:10

Firefighters have been rescuing people stranded on their balconies and rooftops after Storm Boris triggered flooding and landslides in the northern Italian region of Emilia-Romagna. Two people were reported missing in Traversara, a hamlet in Ravenna province, and about 1,000 people have been evacuated from their homes. Storm Boris has battered parts of Italy after causing havoc in eastern and central Europe

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ANALYSIS: Voluntary carbon market overlooking CORSIA insurance bottleneck

Carbon Pulse - Fri, 2024-09-20 20:59
Large volumes of eligible voluntary carbon credits for the UN's CORSIA international aviation offsetting scheme will take years to materialise due to supply requirements that force project developers to guarantee against double claiming risk, even if ICAO approves major standards for the current phase at a meeting in November.
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BRIEFING: Business groups nervous as final talks near on EU’s Green Claims Directive

Carbon Pulse - Fri, 2024-09-20 20:56
As EU institutions gear up for talks to finalise the proposed Green Claims Directive, participants in the voluntary carbon market have flagged issues with the draft bill, arguing it goes too far beyond its original objective of fighting greenwashing.
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Australian state pulls together big data for better CCS mapping

Carbon Pulse - Fri, 2024-09-20 20:26
The West Australian government is finding new ways to support companies interested in pursuing carbon capture and storage (CCS) projects in the state, as its mining and energy department has aggregated a large amount of historical oil and gas drilling information for use.
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CN Markets: CEA price rebound to 90 yuan level, trading volumes increase

Carbon Pulse - Fri, 2024-09-20 20:21
Chinese carbon allowance prices saw a modest recovery over the past week after the national holidays, with trading activity continuing to pick up ahead of the compliance deadline. 
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Environmentally harmful subsidies grow to $2.6 trillion per year, study says

Carbon Pulse - Fri, 2024-09-20 20:15
Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), according to a report released this week.
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Japanese govt, UN agency partner with private sector to scale sustainable coffee in Tanzania

Carbon Pulse - Fri, 2024-09-20 20:09
A UN agency and the Japanese ministry of agriculture have teamed up with two major national companies to support small-scale coffee producers in Tanzania in implementing sustainable practices.
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Airline operators face future CORSIA compliance risk as Article 6 negotiations drag on -report

Carbon Pulse - Fri, 2024-09-20 19:22
Airline operators may struggle to meet compliance requirements under Phase 2 of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which starts in 2027, according to a new report.
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One year of Guardian Europe: different stories through a new lens

The Guardian - Fri, 2024-09-20 19:00

On 20 September 2023, the Guardian launched a new digital edition for a continent in the grip of dramatic political and social change. This is what we’ve learned so far – and how you can help us do more

A year ago today we launched Guardian Europe, a new digital edition of the Guardian to help bring journalism about the world to Europe and journalism about Europe to the world.

It has been a dramatic year for the continent, with moments of intense political peril, from huge far-right electoral surges to extraordinary people power and progressive fightbacks. It has also been a year of sporting joy at the Paris Games and Euro 2024. We’ve been there to capture it all, and we’re very grateful that millions of you have joined us.

To support Guardian Europe and all our journalism, please consider setting up a monthly amount, from just €4 – or £4. It takes less than a minute and is the most effective way to back powerful, investigative reporting

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Weather tracker: Shanghai hit by its ‘strongest typhoon in 75 years’

The Guardian - Fri, 2024-09-20 18:05

More than 400,000 people evacuated, hundreds of flights cancelled and many roads shut due to flooding and winds

Typhoon Bebinca struck the east coast of China this week, making landfall near Shanghai, a city of almost 30 million people, on Monday. Bebinca developed into a typhoon to the east of the southern Japan islands late last week, before traveling westwards through the East China Sea and making landfall in Shanghai at approximately 7.30am local time (00.30BST).

The Chinese media say it is the strongest typhoon to hit Shanghai in 75 years. Wind speeds were reported to have reached just over 150km/h (about 94mph), making it equivalent to a category 1 hurricane, albeit just shy of a category 2 in strength. Before Bebinca, Shanghai had been hit directly by only two typhoons, one in 1949 and another in 2022, as they usually track further south.

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INTERVIEW: Biodiversity credit rebranding into ‘nature asset’ could unlock corporate demand

Carbon Pulse - Fri, 2024-09-20 18:05
A Brazil-based biodiversity and carbon developer is considering transitioning from a 'credit' to a 'nature asset' approach in a bid to attract corporate funding, the company told Carbon Pulse.
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AU Market: Bank forecasts ACCU price to climb 50% by next year as Safeguard demand begins to awake

Carbon Pulse - Fri, 2024-09-20 17:00
One of Australia’s largest banks have forecast the price of the country’s carbon credits to double by this time next year.
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Week in wildlife in pictures: Hampshire beaver babies, bubbly lizards and a shopaholic koala

The Guardian - Fri, 2024-09-20 17:00

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

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Carbon credit platform, French utility subsidiary in partnership to boost transparency, innovation in VCM

Carbon Pulse - Fri, 2024-09-20 16:46
A France-based carbon crediting platform is teaming up with the subsidiary of a state-owned utility in the country to “promote transparency and innovation” in the voluntary market.
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Fish! Do they have feelings? Now everyone wants to know about the emotional lives of fish! | First Dog on the Moon

The Guardian - Fri, 2024-09-20 16:34

Do fish feel despair or longing? Do they yearn for a simpler time?

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US investment manager launches venture to earn carbon credits from planting oyster farms

Carbon Pulse - Fri, 2024-09-20 16:09
A US-based investment manager has launched a new company with the goal of generating carbon credits through planting 6 million oysters in the Chesapeake Bay.
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Wildfires ravaging northern Portugal – in pictures

The Guardian - Fri, 2024-09-20 16:00

Since last week, wildfires have been raging in central and northern Portugal. At least seven people have died and 50 have been injured. More than 5,000 firefighters have been mobilised to battle the blazes

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INTERVIEW: Either have a market or don’t, Australian project veteran tells government, industry

Carbon Pulse - Fri, 2024-09-20 14:59
A carbon project developer who went public this week over what he sees as a self-serving and nepotistic industry has urged the government to remove so-called flexibility measures under the Safeguard Mechanism.
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