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EU invests almost €5 bln of ETS revenues into net-zero projects

Carbon Pulse - Wed, 2024-10-23 21:13
The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, which is supplied by revenues from the EU ETS.
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BRIEFING: Taiwan collects final piece in carbon levy jigsaw

Carbon Pulse - Wed, 2024-10-23 21:10
Taiwan has stepped into a new era of carbon pricing as the government this week finalised long-awaited carbon levy rates for the island's major emitters.
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Credit use flat in meeting emissions reductions, Australian regulator finds

Carbon Pulse - Wed, 2024-10-23 20:33
The latest report on emissions reduction by Australia’s Clean Energy Regulator (CER) found gross emissions are falling faster than net emissions and renewable energy generation is increasing, but the use of carbon credits is ‘flat’, balanced out by greater use of international credits and less of Australian Carbon Credit Units (ACCUs), which is “trending downwards”.
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Guardians of the Gibbons: can India save its only ape species from extinction?

The Guardian - Wed, 2024-10-23 19:56

For over a century the villagers of Barekuri, north-east India’s biodiversity hotspot, have coexisted with the country’s only ape species, the hoolock gibbon. But this harmony stands in fragile ecological balance. Mohit Chutia, a 55-year-old farmer and father, has been taking care of one gibbon family while raising his own. When researcher Ishika Ramakrishna arrives to study human-gibbon interactions, she joins forces with Mohit and the villagers to tackle the gibbons' urgent population decline, endangered by habitat loss, deforestation and industrial catastrophe

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Cop29 host Azerbaijan set for major fossil gas expansion, report says

The Guardian - Wed, 2024-10-23 17:00

Exclusive: Those with ‘interest in keeping world hooked on fossil fuels’ should not oversee climate talks, say report authors

Azerbaijan, the host of the Cop29 global climate summit, will see a large expansion of fossil gas production in the next decade, a new report has revealed. The authors said that the crucial negotiations should not be overseen by “those with a vested interest in keeping the world hooked on fossil fuels”.

Azerbaijan’s state-owned oil and gas company, Socar, and its partners are set to raise the country’s annual gas production from 37bn cubic metres (bcm) today to 49bcm by 2033. Socar also recently agreed to increase gas exports to the European Union by 17% by 2026.

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India open to add more carbon removals technologies to offset mechanism -official

Carbon Pulse - Wed, 2024-10-23 16:17
The Indian government is open to bringing in more carbon removal technologies under its offset mechanism, an official told Carbon Pulse on the sidelines of an event Tuesday.
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AI tool launched to help English farmers access carbon credits

Carbon Pulse - Wed, 2024-10-23 16:00
Farmers in England can more easily access tree-related grants and carbon credits through the use of an AI-powered tool, launched Wednesday.
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INTERVIEW: Carbon insurance startups ready to expedite CORSIA credit supply

Carbon Pulse - Wed, 2024-10-23 14:35
Carbon insurance startups are primed to help ease any supply bottleneck of carbon credits eligible for use against the CORSIA international aviation offsetting scheme, even though it may take a long time before units are made available to buyers due to UN political risk requirements.
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California EJAC demands ‘no’ vote on LCFS changes

Carbon Pulse - Wed, 2024-10-23 13:10
California’s Environmental Justice Advisory Committee (EJAC) has urged state regulator ARB to vote no on the proposed Low Carbon Fuel Standard (LCFS) revisions, citing concerns that the agency has completely disregarded their recommendations.
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Western Australia is tearing up environmental protections – and taking a bet the rest of the country won’t notice | Carmen Lawrence

The Guardian - Wed, 2024-10-23 13:06

The state Labor government is steering Australia’s climate policy, letting emissions soar unbridled as it paves the way for massive fossil fuel projects

Western Australia sometimes feels more than three hours behind the rest of the country.

The tyranny of our distance has always meant it’s been hard to get the attention of the east coast.

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Mickey the cockatoo rescued after four weeks 'living on brioche' in Sydney supermarket – video

The Guardian - Wed, 2024-10-23 12:24

A sulphur-crested cockatoo named Mickey that had been 'living on brioche' inside a Sydney supermarket for four weeks has been captured by wildlife services and is expected to be set free soon. On Tuesday morning, another cockatoo, Old Lady Doris, was taken into the supermarket by the Feathered Friends bird rescue director Ravi Wasan to comfort the lost bird, allowing Wasan to successfully capture him. Wasan said Mickey looked 'physically fine' and was not hungry because he was eating 'really well' in the supermarket. The NSW environment minister announced on Tuesday evening the bird had 'been safely captured by wildlife rescuers after spending way too long in Macarthur Square' shopping centre

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California’s LCFS to likely push retail fuel prices higher over the years, intensify environmental concerns -research

Carbon Pulse - Wed, 2024-10-23 11:40
California regulator ARB has yet to acknowledge the likelihood that the Low Carbon Fuel Standard (LCFS) would raise retail gas prices in the upcoming years or consider the environmental implications of its support for biofuels, an analysis released this month said.
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Let’s tax carbon: Ross Garnaut on why the time is right for a second shot at carbon pricing

The Conversation - Wed, 2024-10-23 10:59
The system operating in Australia from 2012 to 2014 was economically and environmentally efficient. Ross Garnaut, Professorial Research Fellow in Economics, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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BRIEFING: IMF falls short on climate finance and needs reforms, world leaders say

Carbon Pulse - Wed, 2024-10-23 10:27
Leaders of countries most vulnerable to the impacts of climate change called on the International Monetary Fund (IMF) to reform its programmes to better support climate resilience and sustainable development during a panel Tuesday.
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Rogue gamekeepers killing birds of prey, says RSPB

BBC - Wed, 2024-10-23 10:19
The bird protection charity described the deaths as a 'national disgrace'.
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FEATURE: Clean cooking sector on tenterhooks after alleged fraud slips past VCM quality checks

Carbon Pulse - Wed, 2024-10-23 09:47
Inconsistencies in the verification of clean cookstove initiatives developed by C-Quest Capital, which saw its former executives charged with fraud earlier this month by US federal prosecutors, have sent shockwaves across the voluntary carbon market (VCM) ahead of crucial integrity decisions concerning this project type.
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Environmental groups urge EPA to halt CO2 injection permits following Illinois leak

Carbon Pulse - Wed, 2024-10-23 09:45
A group of 175 environmental groups from across the nation is urging the US Environmental Protection Agency (EPA) to cease issuing permits for new CO2 injection wells and stop the process nationwide following a leak discovered at an Illinois site.
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