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Kenyan power firm to help build country’s carbon market framework

Carbon Pulse - Tue, 2024-11-26 23:26
The Kenyan government has appointed Kenya Electricity Generating Company (KenGen) to the taskforce responsible for building the country’s carbon market framework.
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Limited risk of loan losses from new CO2 taxes, warns Danish central bank

Carbon Pulse - Tue, 2024-11-26 23:06
Denmark's incoming carbon tax for agriculture, combined with other risks from low-carbon transition, will result in higher impairment charges for some lenders, but most will see only limited impact, according to the country's central bank.
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Global firms ramp up sustainability reporting ahead of CSRD deadline -report

Carbon Pulse - Tue, 2024-11-26 22:23
Nearly all of the world’s largest companies have adopted sustainability reporting, with 96% of the largest 250 companies (G250) now publishing ESG data as they prepare for tighter regulations like the EU’s Corporate Sustainability Reporting Directive (CSRD), according to a new report.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-11-26 22:20
European carbon prices fell back on Tuesday morning amid bouts of sustained selling that temporarily interrupted carbon's correlation to natural gas, with persistent weak fundamentals continuing to undermine the market.
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In Wales, we’re one more flood away from another disaster like Aberfan | Aaron Thierry

The Guardian - Tue, 2024-11-26 22:00

It is only a matter of time before a mountainside is brought down. We need climate adaptation help – and we need it now

  • Aaron Thierry is an Earth-system scientist and environmental campaigner

It’s “raining old ladies and sticks” is the Welsh equivalent of cats and dogs, and boy did those old ladies mean business when Storm Bert poured out nearly a month’s worth of rain on the Bannau Brycheiniog (Brecon Beacons) over Saturday night. By Sunday, the deluge was surging into the River Taff and through the Welsh valleys, forcing the Taff to burst its banks, bringing misery to communities along its length – including mine in Taff’s Well.

Neighbours, who had been devastated by Storm Dennis in February 2020, were shocked to find that everything they had done to rebuild was undone. Replastered front rooms were submerged yet again. New cars were bobbing once more in the streets.

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Record number of English bathing sites classified as having poor water quality

The Guardian - Tue, 2024-11-26 21:48

River water quality distinctly worse than that of coastal bathing sites, results from tests for harmful bacteria found

Water quality has been designated as poor in a record number of bathing areas this year after 16 rivers were included in summer testing for harmful bacteria, figures reveal.

The push to clean up England’s rivers has led to an increase in demand for bathing water status at river locations across the country. Rivers suffer from water company sewage pollution and agricultural pollution, and the results show river water quality is distinctly worse than that of coastal bathing sites. The results come after sewage pollution into rivers by water companies reached record levels last year.

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ArcelorMittal freezes green steel projects in Europe, waits for EU policy guidance

Carbon Pulse - Tue, 2024-11-26 21:34
Europe’s largest steelmaker, ArcelorMittal, announced on Tuesday it had frozen final investment decisions over its ongoing decarbonisation projects on the continent until the company has “full visibility” on the EU policy environment.
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Number of English bathing sites rated 'poor' doubles

BBC - Tue, 2024-11-26 21:01
The government blames the water companies and says tougher regulation is on the way
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UK will not use Article 6 towards next UN climate plan, says negotiator

Carbon Pulse - Tue, 2024-11-26 20:16
The UK will not use Article 6 towards meeting the country's next UN climate plan under the Paris Agreement, its negotiator on international carbon markets said Tuesday.
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INC-5: Plastic negotiators in Busan overcome first hurdle as tension builds

Carbon Pulse - Tue, 2024-11-26 20:13
Talks on the first-ever UN treaty aimed at tackling plastic pollution have begun in South Korea, with an overwhelming majority of delegates at the opening plenary session defying a group of countries allegedly trying to derail negotiations.
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FEATURE: Airlines more concerned by compliance carbon than CORSIA credit supply

Carbon Pulse - Tue, 2024-11-26 20:06
Airlines are more worried about the proliferation and expansion of compliance carbon requirements across different regulatory bodies than over the current tight supply of CORSIA-eligible credits, senior industry figures told Carbon Pulse.
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More flooding likely this week after rain from Storm Bert, UK minister says

The Guardian - Tue, 2024-11-26 17:54

Warnings remain in England and Wales as ex Environment Agency chair says not enough is spent on flood defences

More flooding is likely this week after Storm Bert brought torrential rain over the weekend, the environment secretary has said.

Steve Reed said the impact “should be less severe” than it was on Sunday and Monday morning, as communities in England and Wales start a massive clean-up after the widespread flooding.

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Japanese policymakers propose 60% emissions cut for 2035 NDC

Carbon Pulse - Tue, 2024-11-26 17:49
Japanese policymakers have proposed setting a 2035 target of cutting greenhouse gas emissions by 60% compared to 2013, as the government is considering a linear path for the country to reach net zero by mid-century.
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After a disappointing COP29, here’s how to design global climate talks that might actually work

The Conversation - Tue, 2024-11-26 16:12
The annual COP talks on climate are flawed, without a doubt. But they are also necessary. Here’s what changes a veteran of 25 COP talks wants to see Howard Bamsey, Honorary Professor, School of Regulation and Global Governance, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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