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Responsible investor group launches new initiative to drive corporate engagement on biodiversity loss

Carbon Pulse - Thu, 2023-10-05 02:06
A new initiative on nature stewardship will initially focus on forests and land degradation and aims to ramp up pressure on companies to disclose nature-related risks and engage politically.
Categories: Around The Web

Germany allows coal plants to reopen ahead of winter as precaution

Carbon Pulse - Thu, 2023-10-05 00:52
The German government approved on Wednesday a temporary extension of the country's power generation supply reserve, allowing lignite plants to reopen as a precautionary instrument for demand peaks for the coming winter, though underlined that the nation's 2030 coal phaseout target remains in play.
Categories: Around The Web

The case of the lonely Strange Bird: how did an African guinea fowl end up living wild on a Sydney street? | Celina Ribeiro in #birdoftheyear

The Guardian - Thu, 2023-10-05 00:00

At first an oddity roaming in an otherwise desperately ordinary suburb, the curious creature continues to survive – alone and silent

For two months, we called it Strange Bird.

We had moved into a new home in the summer. A tightly packed street in Sydney’s inner west, where gardens are small, nature strips absent and the cement footpath is broken up by fledgling trees around which residents plant small squares of flowers and creepers. It was here, almost immediately, that we encountered a lone, large bird.

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Pope urges rich world to make profound changes to tackle climate crisis

The Guardian - Wed, 2023-10-04 22:37

Francis also defends climate protesters and calls on governments to make Cop28 in Dubai a turning point

Pope Francis has said the rich world must make profound changes to tackle the climate crisis, while defending climate protesters and urging governments to make the forthcoming Cop28 climate summit a turning point.

He called for “a decisive acceleration of energy transition” from fossil fuels to renewables, but cautioned against relying on new technology such as carbon capture and storage, which he said was “like pushing a snowball down a hill”.

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UK registry launches ‘most stringent’ CDR certification standard in the world

Carbon Pulse - Wed, 2023-10-04 22:16
A UK-headquartered registry for long-duration CO2 removal (CDR) has launched its certification standard which it says is the most stringent in the world and where the results are open to public scrutiny.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-10-04 22:10
EUA futures ticked up as they searched for direction around the €80/t mark on Wednesday morning, while exchange data showed investment funds trimmed their net short position by 13% and fundamentals continued to filter in bearish short and mid-term signals to the market.
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Wetlands win reprieve after deal between Spain and Andalucia

The Guardian - Wed, 2023-10-04 20:53

Protection plan for Doñana Natural Space hailed by environmentalists as ‘step in the right direction’

A controversial plan that would have placed one of Europe’s most important and threatened wetlands in even greater jeopardy has been paused after an unexpected agreement was reached between Spain’s caretaker government and the regional authorities in Andalucía.

Water supplies to the Doñana national park in western Andalucía – whose marshes, forests and dunes extend across almost 130,000 hectares (320,000 acres) and include a Unesco-listed national park – have declined drastically over the past 30 years because of climate breakdown, farming, mining pollution and marsh drainage.

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ASEAN launches regional invasive species action plan, lacks detail on financing

Carbon Pulse - Wed, 2023-10-04 20:49
The Association of Southeast Asian Nations (ASEAN) has set out a transboundary action plan to address invasive alien species across the region, however, no detail was provided on how it would be financed or the delivery partners that would lead its components.
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Quantum dots: TV screen crystals win Chemistry Nobel Prize

BBC - Wed, 2023-10-04 20:22
The nanoparticles create more precise colours and are used in TV screens as well as medical imaging.
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Japan’s Carbon EX opens registration for carbon trading, announces partnerships

Carbon Pulse - Wed, 2023-10-04 19:43
A carbon exchange operated by one of Japan's largest financial groups has started accepting formal registration for project developers while announcing a number of partnerships and operational details to underpin trading, a further step towards the full operation of the platform amid emerging domestic interest in carbon credits.
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Contradictions in Australia’s Safeguard Mechanism could make coal miners money -report

Carbon Pulse - Wed, 2023-10-04 19:35
Australia’s open cut coal mines could receive a cash windfall in coming years as Australia’s reformed Safeguard Mechanism will let them generate credits under the scheme, a report said Wednesday.
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Energy firms formally launch ‘conservative and comprehensive’ voluntary BECCS methodology

Carbon Pulse - Wed, 2023-10-04 19:09
British and Swedish energy companies have unveiled the details of what they describe as a "conservative" methodology for voluntary bioenergy with carbon capture and storage (BECCS) projects and the first comprehensive market-ready version for the technology, as they hope it becomes an industry standard for the issuance of carbon credits from such activities.
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UK universities take £41m in fossil fuel funding since 2022

The Guardian - Wed, 2023-10-04 19:00

FoI requests show Shell and BP among firms giving funds to institutions which have pledged to divest

Major fossil fuel companies have committed tens of millions of pounds in funding to UK universities since 2022, it can be revealed, despite many of these institutions having actively pledged to divest from oil and gas.

According to freedom of information requests submitted by the climate journalism site DeSmog, more than £40.9m in research agreements, tuition fees, scholarships, grants and consultancy fees have been pledged to 44 UK universities by 32 oil, coal and gas companies since 2022.

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Half of APAC’s expected $3 trillion spending on energy the next decade to go to wind, solar, consultants say

Carbon Pulse - Wed, 2023-10-04 18:45
The Asia Pacific region will invest $3.3 trillion in power over the next 10 years of which about 50% will be reserved for wind and solar, while 12% will be designated for energy storage, a global energy consultancy said Wednesday.
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EU lawmakers set to clear prospective Commission candidates after getting “clarity” on climate issues

Carbon Pulse - Wed, 2023-10-04 18:39
Both candidates to be the next EU commissioners for the European Green Deal and for climate action secured the support of party coordinators representing the required two-thirds majority of the European Parliament's environment committee (ENVI), the committee chair said early on Wednesday after the MEPs received replies to their requests for additional information. 
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French nature fund opens applications for biodiversity projects

Carbon Pulse - Wed, 2023-10-04 18:02
The 'MAIF pour le vivant – Nature 2050' fund has opened a call for projects across mainland France and its overseas territories that contribute to the adaptation of territories to climate change and act to preserve biodiversity by relying on nature-based solutions.
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Global initiative targets $12 bln in public, private finance to protect and restore coral reefs

Carbon Pulse - Wed, 2023-10-04 18:01
An international network that includes 45 countries has launched the Coral Reef Breakthrough, planning to raise at least $12 billion in public and private finance this decade to stop the drivers of coral reef loss and accelerate restoration.
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Australia Market Roundup: Fortescue leads $380 mln US hydrogen company capital raise, ACCU issuance falls

Carbon Pulse - Wed, 2023-10-04 15:28
Australian mining and energy company Fortescue has taken the lead investor role in a $380 million Series C capital raise by a US-based hydrogen company, as the issuance of Australian Carbon Credits Units (ACCUs) fell over the past week.
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British diners warned off more fish types due to low stocks in waters

The Guardian - Wed, 2023-10-04 15:00

Pollack from the Channel and dover sole from the Irish Sea among those to avoid, Good Fish Guide says

Only about one in eight UK fisheries have been awarded “green” status for sustainability in the latest edition of the Good Fish Guide.

Of the 337 wild fisheries around the British Isles included on the list, which is compiled by the Marine Conservation Society (MCS) and updated twice a year, only 13% were regarded as good sustainable choices. The MCS categorises a fishery as a species of fish or shellfish from a specific area caught in a specific way.

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Singapore debuts criteria for international carbon credits

Carbon Pulse - Wed, 2023-10-04 14:21
Singapore has set eligibility criteria for international carbon credits that emitters can use towards a part of their carbon tax compliance requirements, with Minister for Sustainability and the Environment Grace Fu outlining seven precepts during a Wednesday speech.
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