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RGGI stakeholders question feasibility of renewable energy projects, changes to compliance deadlines

Carbon Pulse - Sat, 2023-10-28 06:18
Members of the public, non-profits, and energy producers want the RGGI cap-and-trade system to better model the impacts of renewable energy projects, and also reconsider a proposed full annual compliance surrender, according to newly released comments submitted to the scheme’s ongoing RGGI’s Third Program Review.
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Green Climate Fund approves 15 projects in latest funding round

Carbon Pulse - Sat, 2023-10-28 03:20
The UN’s Green Climate Fund (GCF) approved $736.4 million of funding across 15 climate projects in developing countries this week, support that is expected to be boosted to $3.6 billion once co-financing is included.
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EU takes stock of its climate progress since Paris Agreement with tepid optimism

Carbon Pulse - Sat, 2023-10-28 03:18
Levels of optimism on whether the EU is on the right track eight years on from signing of the Paris Agreement diverged amongst key climate stakeholders at an event in Brussels on Friday, as the experts prepared for this year's UN negotiations where they deem it crucial to secure a global fossil fuel phaseout commitment.
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Governments need to fix financial plumbing to stop biodiversity loss, says not-for-profit

Carbon Pulse - Sat, 2023-10-28 02:17
Now is the time for regulation to hold the financial sector to account on nature loss, and tools like biodiversity credits and patient capital can catalyse action, according to a Switzerland-based NGO.
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Chevron acquisition of US oil company won’t affect $750 mln carbon credit deal -Guyana VP

Carbon Pulse - Sat, 2023-10-28 02:03
The $750-million dollar deal between New York-headquartered Hess and the Guyanese government for the purchase of tens of millions of avoided deforestation carbon credits will not be affected by the former's acquisition at the hands of the global energy giant, Guyana's vice president said Thursday.
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EU leaders pressured to boost clean industrial value chain over the next five years

Carbon Pulse - Sat, 2023-10-28 01:48
EU leaders tasked Brussels to accelerate work to safeguard the competitiveness of the bloc's clean technologies in the conclusions adopted on Friday following their European Council summit, responding to pressures from the industry for the upcoming legislature.
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FEATURE: Sounding out solutions – acoustics a frontrunner for measuring ecosystem health in new biodiversity credit mechanisms

Carbon Pulse - Sat, 2023-10-28 00:55
Using acoustic monitoring devices to collect data about ecosystem health based on the sounds of different animals living in an area is a powerful and cost-effective way of measuring biodiversity and should be one of the primary data collection methods in new biodiversity crediting systems, say industry sources.
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Rolled up: is synthetic turf on Australian sports fields worth the environmental risk?

The Guardian - Sat, 2023-10-28 00:00

It’s durable, resilient and lower-maintenance than natural grass – but there’s still many downsides and unknowns to artificial turf

Two years ago the Northern Beaches council replaced the worn-out synthetic turf from a council oval, replacing natural grass with the product sometimes known as astroturf. The council had included in its contract a requirement that it be recycled and not sent to landfill – but federal legislation passed in 2020 meant that it was more difficult to export plastic waste to overseas facilities.

A permit was not granted, so the rolls of old turf sat for nearly 18 months until they were removed earlier this year. They are now in a container in a railway siding, awaiting the completion of a recycling plant capable of separating the various components that make up the product.

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MPs call for review of Environment Agency flood failings in England

The Guardian - Fri, 2023-10-27 23:37

Derbyshire and South Yorkshire MPs say agency ‘not up to the task’ after people received warnings too late

MPs in areas of England worst hit by Storm Babet have called for a review of Environment Agency (EA) failings after reporting that some residents received flood alerts only after their homes were flooded.

Toby Perkins, the Labour MP for Chesterfield, said some people at Tapton Terrace in the Derbyshire town, where 83-year-old Maureen Gilbert was found dead in flood water, only received a phone call from the early warning system after their houses had been deluged.

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Rich countries should stop pushing fossil fuels on Africa – don’t we deserve a renewable future too? | Vanessa Nakate

The Guardian - Fri, 2023-10-27 23:00

Rather than racing to extract natural gas, those who caused the climate crisis should help Africa harness its wind and sun

  • Vanessa Nakate is a Unicef goodwill ambassador and youth climate activist

It’s official: we’re about to reach peak fossil fuels. New figures from the International Energy Agency (IEA) show that the shift to renewable energy is now unstoppable – and that demand for oil and gas should begin to decline by the end of this decade. This decline is not fast enough to prevent our climate warming irreversibly, but it is a death knell for fossil fuels.

In response, leaders of rich countries will be showing off wind turbines on their coasts and pointing to shiny electric cars on their streets. But they’ve spent the past few years persuading African countries to increase their gas expansion instead. There’s $245bn of gas infrastructure planned in Africa, and gas-rich countries such as Mozambique have faced an onslaught of foreign companies fishing for contracts to extract their gas.

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EU signs roadmap for Congo forest partnership

Carbon Pulse - Fri, 2023-10-27 22:39
A roadmap for implementing a forest partnership between the EU and the Republic of Congo has been signed by the European Commission's environment chief Virginijus Sinkevicius.
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Canadian province launches old growth forests crowdfunding venture with C$300 mln

Carbon Pulse - Fri, 2023-10-27 22:34
The government of British Columbia has launched a “unique” crowdfunding initiative for protecting old growth forests with C$300 million ($217 mln) of initial capital.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-10-27 21:57
European carbon prices traded within Thursday's high-low range on Friday morning, reflecting a lack of momentum or conviction in either direction as traders took to the sidelines ahead of the weekend, while energy markets were modestly firmer even as fundamentals remained broadly unchanged.
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South Pole ditches troubled Kariba REDD project amid media storm

Carbon Pulse - Fri, 2023-10-27 21:07
South Pole has pulled out of the troubled Kariba REDD forest protection project in Zimbabwe with immediate effect, it said on Friday, following earlier news that certifier Verra was halting credit issuances and launching an investigation into the project amid allegations of trophy hunting and financial malpractice.
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CBAM seen as key driver in Asian carbon pricing developments as countries cooperate with EU

Carbon Pulse - Fri, 2023-10-27 20:04
Carbon Border Adjustment Mechanisms, or CBAMs, are one of the key drivers of carbon pricing development across Asia as nations increasingly seek to cooperate with the EU on its policy slated to enter into force in 2026, a conference heard Wednesday.
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841+1: beloved mischievous otter who swiped surfboards gives birth to pup

The Guardian - Fri, 2023-10-27 20:00

California otter known for harassing Santa Cruz surfers and eluding capture, seen floating with her baby laying on her belly

A sea otter who captured hearts and surfboards this past summer has become a mother, according to the US Fish and Wildlife Service (FWS).

The sea otter known as 841, rose to national prominence this past summer after reports and photos of an aquatic mammal harassing surfers and swimmers became national news. Now, she’s making headlines again as images of her floating on her back with a small otter laying on her belly are circulating.

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New ‘forever chemicals’ polluting water near North Carolina plant, study finds

The Guardian - Fri, 2023-10-27 20:00

Researchers say discovery of at least 11 new kinds of PFAS in water near Chemours plant indicates more contamination than thought

At least 11 new kinds of PFAS “forever chemicals” are polluting the water around a North Carolina Chemours plant that manufactures the toxic substances, new research finds.

The discovery, made by researchers using a novel testing method, is evidence that the environment around the plant is more contaminated with PFAS than regulators have found, the researchers said.

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Revealed: the industry figures behind ‘declaration of scientists’ backing meat eating

The Guardian - Fri, 2023-10-27 20:00

Document used to target top EU officials over environmental and health policies but climate experts view it as propaganda

A public statement signed by more than 1,000 scientists in support of meat production and consumption has numerous links to the livestock industry, the Guardian can reveal. The statement has been used to target top EU officials against environmental and health policies and has been endorsed by the EU agriculture commissioner.

The “Dublin Declaration of Scientists on the Societal Role of Livestock” says livestock “are too precious to society to become the victim of simplification, reductionism or zealotry” and calls for a “balanced view of the future of animal agriculture”. One of the authors of the declaration is an economist who called veganism an “eating disorder requiring psychological treatment”.

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England to diverge from EU water monitoring standards

The Guardian - Fri, 2023-10-27 19:02

Exclusive: campaigners fear less rigorous methods could lead to more pollution in rivers and waterways

The UK government is to diverge from the EU’s standards for monitoring water quality in England, it can be revealed.

Campaigners fear the change of approach could lead to more pollution in England’s rivers and waterways if the new measuring methods are less rigorous.

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CN Markets: CEA trading stable, CCER liquidity improves following regulatory news

Carbon Pulse - Fri, 2023-10-27 18:44
China's national carbon market saw prices remain stable over the past week with a relatively high trading volume, while voluntary trading volume ticked up as sentiment has been lifted by the multiple regulatory updates recently.
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