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Grassland CO2 stocks may shrink as plant biodiversity decreases -study

Carbon Pulse - Sat, 2023-10-21 04:37
The loss of plant biodiversity in global grasslands can cause terrestrial carbon stocks to wane, with the reasoning behind the phenomenon going against researchers’ original hypothesis, according to a study published Thursday.
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Climate tech company launches AI product to speed carbon project development

Carbon Pulse - Sat, 2023-10-21 03:33
A climate tech startup has launched Friday an artificial intelligence (AI) product that aims to speed up and pare down the cost of carbon project development documentation, by using downloaded data from thousands of previous examples in the market.
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UN climate loss and damage talks run late over World Bank involvement

Carbon Pulse - Sat, 2023-10-21 03:29
Talks to set up a UN facility to compensate for climate-related loss and damage ran deep into overtime on Friday as developing nations united in opposition to a US idea to have the World Bank host the vehicle.
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Long-serving carbon market stalwart leaves Xpansiv after nine years

Carbon Pulse - Sat, 2023-10-21 02:51
The managing director of advisory firm Carbon Financial Services (CFS) and former head of global carbon at exchange platform CBL, both owned by Xpansiv, has announced he is leaving the market infrastructure company after nine years.
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INTERVIEW: Shipping’s decarbonisation under threat from lack of alternative fuels, says industry

Carbon Pulse - Sat, 2023-10-21 02:42
The shipping sector’s decarbonisation hinges on the availability of low-carbon fuels, the secretary general of one of the largest global shipping organisations told Carbon Pulse, while also advocating a 'carbon contribution factor' to be promoted at upcoming high-level climate talks.
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Without safeguards, Germany faces looming fuel price crisis amid transition to EU ETS2, think-tank warns

Carbon Pulse - Sat, 2023-10-21 02:10
Germany is at risk of seeing a potentially dramatic spike in fuel prices in 2027 should the country’s domestic carbon pricing system transition to the EU ETS2, a think-tank has warned.
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FEATURE: Voluntary carbon market mulls future ahead of crunch Article 6 crediting talks

Carbon Pulse - Sat, 2023-10-21 01:55
As observers hope for clarity about crediting carbon projects under Article 6 of the Paris Agreement at the fast-approaching COP28 climate talks, key players in voluntary carbon are weighing up how the embattled market may fit alongside the UN mechanism.
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FEATURE: With an expansive carbon footprint to address, food firms incentivise emissions cuts in their value chains

Carbon Pulse - Sat, 2023-10-21 01:53
A growing number of multinational food companies are looking to reduce climate change risk in their value chains through greater engagement with their suppliers, aiming for a 'win-win' partnership where they encourage low-emissions practices that can both reduce their Scope 3 emissions and increase the resilience of their business to climate change.
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Orionid meteor shower to light up the skies

BBC - Sat, 2023-10-21 01:15
The streaks of light from the debris of Halley's comet will be at their peak on Saturday.
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China’s voluntary carbon market takes major step towards revival as State Administration regulators wave green flag

Carbon Pulse - Fri, 2023-10-20 23:59
China on Friday evening announced a State Administration-level regulatory body had approved a set of administrative measures that will underpin the relaunch of its national carbon offset programme, bringing the long-suspended voluntary market one step closer to returning to life.
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UN scientific meeting adopts global biodiversity monitoring approach

Carbon Pulse - Fri, 2023-10-20 23:44
Representatives from 196 countries this week approved an overall approach for monitoring efforts to meet the world's biodiversity targets, though a lack of detail means more work needs to be done.
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Carbon holdings tumble across exchange-traded funds amid price stability, macro downturn

Carbon Pulse - Fri, 2023-10-20 22:04
Exchange-traded funds focused on carbon allowances have cut their holdings to the lowest in two years,  as flatlining EUA prices and a darkening economic outlook have encouraged investors to look to other asset classes for better returns.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-10-20 21:50
European carbon prices stabilised after four successive daily declines in relatively light trading on Friday morning, reflecting a lack of direction and shrugging off a slight boost in energy markets as the European weather outlook turned slightly colder.
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Gaganyaan: India to launch test flight ahead of sending man into space

BBC - Fri, 2023-10-20 20:24
Success of Gaganyaan, India's first manned space mission planned for 2025, will depend on Saturday's launch.
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Ex-officials at UN farming body say work on methane emissions was censored

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

Pressure from agriculture lobbies led to role of cattle in rising global temperatures being underplayed by FAO, claim sources

Former officials in the UN’s farming wing have said they were censored, sabotaged, undermined and victimised for more than a decade after they wrote about the hugely damaging contribution of methane emissions from livestock to global heating.

Team members at the UN Food and Agriculture Organization (FAO) tasked with estimating cattle’s contribution to soaring temperatures said that pressure from farm-friendly funding states was felt throughout the FAO’s Rome headquarters and coincided with attempts by FAO leadership to muzzle their work.

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International gas union backs gas-made hydrogen

Carbon Pulse - Fri, 2023-10-20 19:54
Blue hydrogen could be a fuel of the future and remains cheaper than its zero emission green counterpart, according to a report from a gas industry lobby this week, which argued many of the same talking points it has been making for years with a low-carbon twist in 2023.
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CN Markets: CEA volumes almost double, price reaches new high amid steady compliance demand

Carbon Pulse - Fri, 2023-10-20 19:25
The spot price in China’s national emissions trading scheme (ETS) climbed to a new high over the past week with a surge in trading volume, with heightened market expectations that the government is working to expand the programme to additional sectors.
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Weather tracker: Storm Babet leaves trail of destruction across Portugal

The Guardian - Fri, 2023-10-20 18:46

As front moves north to batter UK coasts, Storm Aline brings more heavy rain and strong winds to Iberian peninsula

Although Storm Babet has been battering the coasts of the UK during the second half of this week, it had already left behind a trail of destruction across Portugal as it developed out in the Atlantic. Strong winds and torrential rain on Monday night into Tuesday resulted in flooding, with streets swamped underwater and the drainage system at Faro airport in south Portugal unable to cope under the deluge.

Holidaymakers and local people were left running for cover as ceilings in the airport terminal building collapsed when they could no longer hold back the rainfall.

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John Vidal, former Guardian environment editor, dies aged 74

The Guardian - Fri, 2023-10-20 18:13

Pioneering journalist will be remembered for passion for social justice and putting people at centre of stories

John Vidal, the Guardian’s former environment editor, has died aged 74. He died peacefully in hospital on Thursday where he was being treated for cancer.

Vidal reported on the environment for the Guardian for almost three decades until retiring in 2017, calling it “the greatest job on Earth”. Afterwards, he continued to report from around the world with his trademark energy and enthusiasm and published a book, Fevered Planet: How Diseases Emerge When We Harm Nature, in June this year.

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Wild birds gain immunity to avian flu in ‘encouraging sign’ amid deadly outbreak

The Guardian - Fri, 2023-10-20 18:00

Scientists find antibodies in Scottish populations of northern gannets and shags as poultry infections in Britain fall dramatically

Some birds have developed immunity to avian flu, according to scientists who say there are “encouraging signs” that the deadly virus could kill fewer birds this winter.

The current H5N1 bird flu outbreak, which started in 2021, has been the worst recorded, and is thought to have killed millions of wild birds. Mortality rates appeared to be very high among wild birds, but it was not known how many survived and gained immunity.

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