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VCM Report: KSET liquidation sparks sell off in voluntary carbon spots and futures

Carbon Pulse - Tue, 2024-03-12 04:28
Standardised voluntary carbon spot contracts for old CORSIA and related futures tumbled this week from already low levels, in the wake of asset manager KraneShares announcing it will liquidate its KSET exchange-traded fund.
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Bird flu infects penguins at famous wildlife haven

BBC - Tue, 2024-03-12 04:02
The first avian influenza cases in the penguins of South Georgia are reported by scientists.
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Carbon utilisation and removal firm launches new DAC unit for agriculture

Carbon Pulse - Tue, 2024-03-12 02:53
An Amsterdam-based climate tech company launched its second direct air capture unit for onsite carbon capture and utilisation in large greenhouses and vertical farms.
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US DOE offers $425 mln towards clean energy production, decarbonisation in former coal communities

Carbon Pulse - Tue, 2024-03-12 02:46
The US Department of Energy (DOE) announced $425 million in a second round of funding to support clean energy manufacturing while reducing industrial emissions in former coal communities.
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Exchange to imminently launch CORSIA, REDD+ voluntary carbon futures

Carbon Pulse - Tue, 2024-03-12 02:26
A Singapore-based exchange is expected to be 'weeks away' from launching two physically-settled voluntary carbon futures contracts, one focused on units eligible for the current phase of CORSIA, and the second on jurisdictional REDD+ credits.
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Russia-Ukraine war to trigger cropland expansion worldwide, study says

Carbon Pulse - Tue, 2024-03-12 02:24
The Russian invasion of Ukraine could lead to cropland expanding over eight million hectares worldwide, driving biodiversity loss as far away as the Americas, a study has estimated.
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Sperm whale dies after being stranded on Florida beach

The Guardian - Tue, 2024-03-12 02:05

Police and wildlife officials were unable to rescue the animal because of high winds and surf in Gulf of Mexico waters

A sperm whale who became stranded on a Florida beach over the weekend has died, state’s fish and wildlife conservation commission said in a statement on Monday.

The case was an urgent one for animal preservationists because sperm whales are classified as an endangered species.

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BofA eyes EU carbon trading growth -Bloomberg

Carbon Pulse - Tue, 2024-03-12 01:53
Bank of America (BofA) plans to expand its carbon trading business and sees significant growth in the European markets, members of the firm told Bloomberg.
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Overlooked umbrella species could better inform conservation programmes, study finds

Carbon Pulse - Tue, 2024-03-12 01:19
Rethinking the monitoring criteria of umbrella species will enhance biodiversity conservation efforts, leading to more efficient and cost-saving programmes, researchers have found.
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Almost half of cane growers sceptical of science behind laws protecting Great Barrier Reef

The Guardian - Tue, 2024-03-12 00:00

Review found ongoing ‘mistrust’ among farmers, including many who remain unconvinced by need for pollution regulations

A review of the Queensland government’s Great Barrier Reef protection regulations has found that almost half the affected farmers still believe there is little or no scientific evidence to support pollution reduction rules.

The laws, passed in 2019, were based on scientific advice that limits on sediment and chemical runoff were needed in the reef catchment, amid concerns about water quality.

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UK govt buys land for new nuclear power projects

Carbon Pulse - Mon, 2024-03-11 23:21
The UK's state-owned nuclear energy and fuels company is buying land for future developments, as part of the government's plans for a "revival" in the technology that includes developing a new large-scale reactor and mini plants.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-03-11 23:04
European carbon prices declined on Monday morning, led lower by weakening natural gas prices that shrugged off an unplanned outage in the North Sea and suggestions that traders may be stating to unwind positions ahead of the March options contract expiry later this week.
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Greta Thunberg joins climate activists blocking Swedish parliament – video

The Guardian - Mon, 2024-03-11 22:41

Greta Thunberg accused Sweden of being 'very good at greenwashing' as she staged a protest along with 50 other activists outside her home country's parliament. The activists sat outside Sweden's government building in Stockholm in an attempt to stop politicians from getting to work. She said climate protests had often 'fallen on deaf ears' and 'we're still moving in the wrong direction' globally. The action came on an important day for the Swedish government, with the prime minister, Ulf Kristersson, and a numerous key figures in Brussels for its official flag-raising ceremony outside Nato headquarters after being members last week

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New York reconsiders sovereign debt rules as emerging economies push for relief to fund nature, climate

Carbon Pulse - Mon, 2024-03-11 22:04
New York’s state legislature is advancing parallel bills to rewrite the rules of sovereign debt restructuring, in a potential hit to private creditors worldwide but a win for developing countries.
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Greta Thunberg joins climate protest blocking Swedish parliament

The Guardian - Mon, 2024-03-11 21:37

Activist accuses Sweden of being ‘very good at greenwashing’ as group sits outside building’s main entrance

Greta Thunberg has accused Sweden of being “very good at greenwashing” as she staged a protest along with about 50 other activists outside her home country’s parliament.

The activists – who she said were acting as a group of concerned, largely young individuals rather than representing a particular organisation – sat outside the main entrance to Sweden’s government buildings in Stockholm on Monday morning in an attempt to stop politicians from getting to work.

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Protesters to hold mass trespass of Cirencester Park over charging plans

The Guardian - Mon, 2024-03-11 21:12

Right to roam campaigners organise demonstration amid anger at Bathurst Estate’s introduction of £4 fee to visit park

Hundreds of people are expected at a mass trespass of Cirencester Park in protest against the introduction of charges and electronic gates for pedestrians, joggers and cyclists.

Local people are fighting the charges, the first in 329 years since the landscaped parkland, part of the 6,300-hectare (15,500-acre) Bathurst Estate, was established beside the Cotswolds town.

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China urged to provide more support for CCS, carbon markets

Carbon Pulse - Mon, 2024-03-11 20:11
China should provide policy support for the development of offshore carbon capture and storage (CCS) and accelerate the construction of its national carbon market, domestic business leaders have called for during the annual parliamentary session.
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Experts underscore supply-demand imbalance across new generation of voluntary carbon credits

Carbon Pulse - Mon, 2024-03-11 19:47
There is a strong imbalance between demand for a new generation of voluntary carbon credits, eligible for international mechanisms or with integrity labels, and expected supply, analysts told a conference last week.
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Major Korean utility to pursue energy efficiency projects for Paris-aligned carbon credits

Carbon Pulse - Mon, 2024-03-11 17:47
A subsidiary of South Korea's largest power company has partnered with a domestic cement producer to conduct international energy efficient projects in the Asia-Pacific that can generate Paris-aligned carbon credits.
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