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Von der Leyen’s Cop29 absence sends ‘fatal signal’, say watchers

The Guardian - Thu, 2024-11-07 03:47

MEPs express concern for EU climate leadership as commission head confirms she will miss Baku summit

Ursula von der Leyen’s decision to miss the Cop29 climate summit is “a fatal signal” and raises questions about Europe’s commitment to the climate crisis, observers have said.

The European Commission confirmed on Tuesday that its president would not attend the UN climate talks in Baku, which start on Monday. “The commission is in a transition phase and the president will therefore focus on her institutional duties,” a spokesperson said.

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New EU environment commissioner expresses support for developing nature credits

Carbon Pulse - Thu, 2024-11-07 03:21
The newly confirmed EU environment commissioner at her hearing with the European Parliament on Tuesday evening said she will explore ‘well-designed’ nature credits during her tenure at the European Commission.
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UAE commits to near-50% emissions cuts in new UN national climate plan

Carbon Pulse - Thu, 2024-11-07 03:17
The UAE has included steeper emissions reduction levels in its third Nationally Determined Contribution (NDC), published Wednesday, pledging a 47% drop by 2035 compared to a 2019 baseline.
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INTERVIEW: Carbon markets could shore up finance for Africa, but not at $10/t -economist

Carbon Pulse - Thu, 2024-11-07 02:53
The voluntary carbon market (VCM) offers an opportunity to raise climate finance in Africa, but more needs to be done to raise the price of carbon and quell the volatility in order to unlock value on the ground, according to a high-profile African economist and former minister.
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BRIEFING: UK agriculture must rethink land use balance to meet net zero, weather global shocks

Carbon Pulse - Thu, 2024-11-07 00:59
Big changes are needed in the UK’s agri-food system to reach net zero emissions and improve resilience to global shocks, including on carbon audits and reducing livestock numbers.
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EU’s new finance chief says she will stick with green agenda

Carbon Pulse - Thu, 2024-11-07 00:55
The EU’s sustainable finance policy for the next five years will focus on implementing legislation agreed under the European Green Deal, said the EU’s commissioner-designate for financial services during a confirmation hearing on Wednesday.
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The sunscreen myth: could it really be causing skin cancer? | Antiviral

The Guardian - Thu, 2024-11-07 00:00

Overblown concerns about potential dangers of a common chemical threaten to undermine scientific evidence to the contrary

Because of his job as a dermatologist, Dr Deshan Sebaratnam frequently gets asked questions by friends, family and strangers about skin treatments. But lately, he says, he has been confronted by “a lot of myths around sunscreens”, especially on his social media feed.

Among the most frequent is “that sunscreen can actually cause skin cancer”, says Sebaratnam, a conjoint associate professor at the University of New South Wales.

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‘Ecosystems are collapsing’: one of Australia’s longest rivers has lost more than half its water in one section, research shows

The Guardian - Thu, 2024-11-07 00:00

Murrumbidgee River, in New South Wales, had 55% less water in 2018 than it did in 1988, with the Lowbidgee Floodplain hardest hit

A section of one of Australia’s longest rivers, the Murrumbidgee, lost more than half of its water over a 30-year period due to dams and other diversions, according to new research.

Scientists at the University of New South Wales examined the impacts of dam infrastructure and irrigation on natural water flows in the lower Murrumbidgee River since 1890.

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Dick Smith’s ABC radio rant against renewables overflows with ill-informed claims | Temperature Check

The Guardian - Thu, 2024-11-07 00:00

Millionaire points to Broken Hill’s blackout to attack the energy transition but experts say he should look at South Australia and Europe

For 15 minutes on Sunday morning, ABC local radio listeners were treated to a rant from Dick Smith as the millionaire attacked Australia’s transition away from fossil fuels, claiming renewables would make electricity unaffordable and cause sweeping blackouts.

“It seems we have been sold a pup and we are not getting the full truth all the time,” responded Ian McNamara, the host of Australia All Over. “There are lots of people who will back you up.”

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New GCF policy to channel ‘hundreds of millions’ into REDD+

Carbon Pulse - Wed, 2024-11-06 23:01
The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive "hundreds of millions" to developing nations, the organisation said this week.
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London Underground air to heat UK capital, save emissions in £1-bln scheme

Carbon Pulse - Wed, 2024-11-06 22:22
Warm air from the London Underground could be used to heat homes in the heart of the UK capital in a new £1 billion scheme that is expected to create 500 jobs and save 75,000 tonnes of CO2 every year.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-11-06 22:13
European carbon prices fell for the fifth time in the last six days on Wednesday as energy markets reacted to the election of Donald Trump in the US, with an increase in selling interest also coming after weekly position data showed investment funds had reduced their bearish bets to the lowest total in more than two months.
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Carbon standard unveils first nature stewardship credit pilots

Carbon Pulse - Wed, 2024-11-06 21:31
A carbon standard will pilot its methodology for nature stewardship credits across two sites in Canada and Zambia, with plans to onboard additional projects in the coming months, the company told Carbon Pulse. 
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Nature campaigners urge UK taxpayers to take stakes in forest projects

The Guardian - Wed, 2024-11-06 21:08

Land reform charities call for better regulation of UK’s carbon market so profits can be shared with public

Nature campaigners have called for taxpayers to take stakes in forest and peatland projects designed to store carbon, to avoid all the profits from carbon credits going to private investors.

A report from the Revive Coalition, an umbrella group for Scottish land reform and conservation charities, says carbon credits also need to be used much more effectively to bolster demand and help the UK meet its net zero targets.

Government-owned banks such as the Scottish National Investment Bank should invest in carbon projects, including on public land.

It becomes mandatory for all large and medium-sized companies to have audited carbon reduction targets to avoid greenwashing.

All carbon offsetting projects must register with the official schemes, the Woodland carbon code and the Peatland carbon code.

A new land tax is set up that is reduced if the land is managed to protect the climate and promote nature recovery.

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Trump victory casts doubt over previous optimism for Article 6 progress in Baku

Carbon Pulse - Wed, 2024-11-06 20:54
The victory of Donald Trump in the US election on Tuesday has cast doubt among observers and negotiators over whether progress is still feasible on Article 6 at COP29 in Baku despite the previous optimism.
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US ELECTION RESULTS: Trump back in charge, climate action set to take a blow

Carbon Pulse - Wed, 2024-11-06 19:26
Donald Trump's re-election as US president will likely usher in another era of loosening environmental standards in the US and a bigger step-back in climate action internationally -- at a time when the Paris Agreement's 1.5C goal is slipping out of reach and emissions have yet to peak.
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Indian carbon project developer taps into the US market, targets aviation sector

Carbon Pulse - Wed, 2024-11-06 19:17
An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector.
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Gold Standard consults on multiple key carbon crediting documents

Carbon Pulse - Wed, 2024-11-06 19:07
Gold Standard has opened consultations on multiple guiding documents relating to carbon crediting projects this week as the registry builds on recent approval obtained from the UN to supply the current phase of the CORSIA international aviation offsetting scheme.
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Amazon’s climate fund backs new peatland standard in Ireland

Carbon Pulse - Wed, 2024-11-06 18:48
US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually.
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