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Ratings agency publishes first Article 6 carbon project score

Carbon Pulse - Mon, 2024-11-04 21:59
A ratings agency has published its first score for a carbon project whose credits have been authorised for Article 6 international transfer, it announced Monday.
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Why did so many die in Spain? Because Europe still hasn't accepted the realities of extreme weather | Friederike Otto

The Guardian - Mon, 2024-11-04 21:48

Severe flooding is, unfortunately, inevitable. What isn’t inevitable is how ready we are, from early warning systems to emergency services

  • Friederike Otto is a climatologist and co-founder of World Weather Attribution

At the time of writing, the death toll has risen to 214. Battered cars and other debris are piled up in the streets, large swaths of Valencia remain underwater, and Spain is in mourning. On Sunday, anger erupted as the king and queen of Spain were pelted with mud and other objects by protesters. Why were so many lives lost in a flood that was well forecasted in a wealthy country?

From the global north’s vantage point, the climate crisis, caused by the burning of coal, oil and gas, has long been seen as a distant threat, affecting poor people in the global south. This misconception has perpetuated a false sense of security.

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EXCLUSIVE INTERVIEW: From C-Quest Capital’s ashes, a new Bridge is built

Carbon Pulse - Mon, 2024-11-04 21:45
Senior executives and a major investor in beleaguered developer C-Quest Capital (CQC) have launched their own company, Bridge Carbon, acquiring CQC’s best projects as the firm is wound down after its founder was indicted on fraud charges.
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Trump donor fined for pollution leads a fight to end methane emission penalties

The Guardian - Mon, 2024-11-04 21:00

Detailed plans from 30 oil and gas producers come amid historic levels of potent planet-heating emissions

A powerful US oil and gas industry lobby group has drawn up detailed plans to kill off penalties for emitting methane, a potent planet-heating gas that’s increasing at the fastest rate in decades, with this effort led by a major donor to Donald Trump whose company has just been fined for methane pollution.

Leaked internal documents from the American Exploration & Production Council (AXPC), a group of 30 oil and gas producers, outline a push to repeal a fee levied on methane emissions should the former US president win this week’s election and Republicans gain control of Congress.

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BRIEFING: Definition of ‘offshore ships’ in EU ETS draws criticism from industry, NGOs

Carbon Pulse - Mon, 2024-11-04 20:59
The shipping industry as well as environmental NGOs have criticised the European Commission’s definition of offshore ships to be included in the EU ETS from next year, saying it will lead to confusion, market distortion, and unaccounted emissions.
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INTERVIEW: Taiwan sees emerging demand for nature-based credits from tech sector

Carbon Pulse - Mon, 2024-11-04 20:47
Taiwan's fledgling voluntary carbon market has seen emerging demand for nature-based credits, particularly from the tech sector, an executive at a government-backed exchange has told Carbon Pulse.
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CIX to publish carbon ratings on-site to aid trade

Carbon Pulse - Mon, 2024-11-04 20:23
Singapore-based Climate Impact X (CIX) announced Monday it will collaborate with one of the market's carbon ratings agencies to bring greater transparency to the market via a new ratings system on its trading platform.
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INTERVIEW – Boost in compliance biodiversity credit schemes after Cali needed to attract carbon players

Carbon Pulse - Mon, 2024-11-04 20:00
The COP16 summit has the potential to drive an increasing number of governments to set up compliance nature credit schemes, which carbon players see as a key condition for swarming into the biodiversity space, a consultancy firm has told Carbon Pulse.
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Nine Vietnamese projects approved for JCM

Carbon Pulse - Mon, 2024-11-04 19:38
Nine Vietnamese carbon credit projects have been approved for Japan’s Joint Crediting Mechanism (JCM) after the latest meeting of the Joint Committee for the Implementation of the JCM in Hanoi last week, the first new approvals under the scheme in the Southeast Asian country for five years.
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Decontamination of landfill waste leads to increase in toxic chemicals, says study

The Guardian - Mon, 2024-11-04 19:36

Exclusive: Researchers find treatment plants designed to clean up leachate liquid waste boost levels of banned PFAS

Processes intended to decontaminate noxious liquid landfill waste before it enters rivers and sewers have been found to increase the levels of some of the worst toxic chemicals, a study has shown.

Landfills are well known to be a main source of PFAS forever chemicals – or per- and polyfluoroalkyl substances – but the new study shows that the treatment plants designed to clean up the liquid waste can instead boost the levels of banned PFAS such as PFOA and PFOS, in some cases by as much as 1,335%.

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Carbon removals developer and concrete supplier launch project in London

Carbon Pulse - Mon, 2024-11-04 18:00
A Swiss carbon removals developer alongside a UK-based building materials supplier have launched their first site to remove carbon and permanently store it in recycled concrete in south London.
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‘Two sides of the same coin’: governments stress links between climate and nature collapse

The Guardian - Mon, 2024-11-04 16:00

Representatives at the Cop16 summit in Colombia negotiated against a backdrop of extreme weather and ecosystem collapse

As world leaders gathered in Colombia this week, they also watched for news from home, where many of the headlines carried the catastrophic consequences of ecological breakdown. Across the Amazon rainforest and Brazil’s enormous wetlands, relentless fires had burned more than 22m hectares (55m acres). In Spain, the death toll in communities devastated by flooding passed 200. In the boreal forests that span Siberia, Scandinavia, Alaska and Canada, countries were recording alarming signs that their carbon sinks were collapsing under a combined weight of drought, tree death and logging. As Canada’s wildfire season crept to a close, scientists calculated it was the second worst in two decades – behind only last year’s burn, which released more carbon than some of the world’s largest emitting countries.

In global negotiations, climate and nature move along two independent tracks, and for years were broadly treated as distinct challenges. But as negotiations closed at the Cop16 biodiversity summit in Cali on Saturday, ministers from around the world underscored the crucial importance of nature to limiting damage from global heating, and vice versa – emphasising that climate and biodiversity could no longer be treated as independent issues if either crisis was to be resolved. Countries agreed a text on links between the climate and nature, but failed to include language on a phase out of fossil fuels.

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Dams have taken half the water from Australia’s second biggest river – and climate change will make it even worse

The Conversation - Mon, 2024-11-04 13:07
New research shows how river flows in the once-mighty Murrumbidgee have dwindled over time, leaving the floodplain high and dry. But the main culprit is not climate change and we can fix it. Jan Kreibich, PhD Candidate, Centre for Ecosystem Science & Water Research Laboratory, UNSW Sydney Richard Kingsford, Professor, School of Biological, Earth and Environmental Sciences, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.
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