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Massachusetts GWSA allowance holdings outpace steeper 2022 emissions

Carbon Pulse - Fri, 2022-11-18 04:04
All but a few of the power generators regulated under the Massachusetts Global Warming Solutions Act (GWSA) carbon market hold permits in excess of their compliance obligations, even as CO2 output under the in-state cap-and-trade programme has shot up this year, according to a report published Wednesday.
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Ontario facility to develop first-of-its kind nuclear power offset protocol

Carbon Pulse - Fri, 2022-11-18 03:09
An Ontario nuclear power generation facility plans to develop a nuclear power offset protocol with a technical advisory firm and registered with a Canadian standards body, the company announced on Tuesday.
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Wet pet food is far worse for climate than dry food, study finds

The Guardian - Fri, 2022-11-18 03:06

Meat-rich wet food causes eight times more emissions, giving some dogs the same carbon footprint as a human

Wet cat and dog food is far more environmentally damaging than dry pet food, according to a new study. It found that wet food results in eight times more climate-heating emissions than dry food.

The analysis found that a wet food diet for a typical dog resulted in an “ecological pawprint” for the animal that was the same as for its human owner. There are estimated to be 840 million cats and dogs in the world and, with numbers rising, the impact on the environment of feeding them is under increasing scrutiny.

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Cop27: what happened on day 10 – in pictures

The Guardian - Fri, 2022-11-18 03:06

Developing countries demand agreement on loss and damage fund as leaders criticise gaps in climate draft

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COP27: Nations launch alliance for countries committed to develop engineered removal projects

Carbon Pulse - Fri, 2022-11-18 03:02
Several nations on Thursday launched an alliance of countries developing carbon dioxide removal (CDR) projects, with participating countries committing to building a 1,000+ tonne a year CDR project by 2025 and vowing to collaborate to share the resulting knowledge and data to help scale the technology.
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De facto ban on solar farms in England to continue, Coffey signals

The Guardian - Fri, 2022-11-18 01:25

Environment secretary dashes hopes Sunak government will reverse policy to help reach net zero targets

The de facto ban on solar farms will be continued by Rishi Sunak’s government, the environment secretary has signalled.

Thérèse Coffey, fresh from her visit to Cop27, suggested to parliament that she would be continuing with policy plans initiated under the former prime minister Liz Truss, which would block solar power from most farmland.

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Brussels releases new guidance on 2021-30 EU national energy plans

Carbon Pulse - Fri, 2022-11-18 00:58
The European Commission released guidance to member states this week to help them update their 2021-2030 national energy and climate plans (NECPs), calling on governments to raise their renewable targets and consider the changed global circumstances since the plans were last updated in 2019.
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Chevron, policy reforms fuel rapid growth in Australia’s offset market

Carbon Pulse - Fri, 2022-11-18 00:44
Australia’s carbon offset market is seeing rapid growth, Clean Energy Regulator data showed Thursday, with oil and gas firm Chevron’s pledge to make up for its CCS shortcomings and expected changes to the Safeguard Mechanism the main factors.
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I’m an art historian and climate activist: Just Stop Oil’s art attacks are becoming part of the problem | Lucy Whelan

The Guardian - Fri, 2022-11-18 00:01

Attacking art works that are safely encased in glass does nothing to further the activists’ cause – if anything it makes a case for climate complacency

As an art historian, my job is to look askance at words such as “masterpiece”, and to question the canon of “great art”. In my spare time, I have also sprayed chalk paint on civic structures in protest at the lack of action on climate. So at first I expected to view the latest attacks on art as shocking but justifiable. After all, do these attacks not also reveal the fragility of what we hold dear? Do they not make us think about what we want to save for the next generation? Yet the answer to these questions, I decided, is mostly no. Instead, these attacks feel part of a helpless careering towards climate chaos.

As splash after splash of acidic liquid hits the glass casings of art works by Van Gogh, Monet, Klimt, and now Emily Carr, everyone around the world who sees the photographs and footage is going through the same mental process: an astonished intake of breath, followed by the realisation that everything is actually fine. The art work is safe behind glass, tightly sealed by expert conservators. What looks dangerous is a mere spectacle, not a reality.

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Australia may have to stop making key cancer medicine if it doesn’t build nuclear waste dump, peak body says

The Guardian - Fri, 2022-11-18 00:00

Ansto chief says it may not be able to keep producing nuclear medicine if it runs out of waste storage space at its Lucas Heights facility

Australia’s peak nuclear organisation has warned it could be forced to cease production of life-saving cancer medicine if a controversial nuclear waste dump, planned for South Australia, is scrapped.

The chief executive of Australia’s Nuclear Science Technology Organisation (Ansto), Shaun Jenkinson, said the federal government organisation would not be able to keep producing nuclear medicine if it ran out of waste storage space at its Lucas Heights facility.

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FEATURE – COP27: Nations scramble to get ready for international carbon trade despite UN-level Article 6 talks stumbling

Carbon Pulse - Thu, 2022-11-17 23:38
Buyer and seller nations of carbon credits are rushing to develop legislative frameworks, strategies, and broaden their understanding of how best to engage in the Paris Agreement's Article 6.2 international emissions trade provision, despite negotiations floundering at the UN level during the ongoing COP27 summit in Sharm el-Sheikh.
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COP27: Roundup for Day 11 – Nov. 17

Carbon Pulse - Thu, 2022-11-17 23:18
It’s Thursday - Solutions Day - of week two at COP27 in Sharm el-Sheikh, and Carbon Pulse rounds up today's other news and announcements from the summit. Timestamps in local time (EEST, GMT+2).
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COP27: Web3 firms launch climate platform initiative to offset Ethereum’s historical emissions reductions

Carbon Pulse - Thu, 2022-11-17 23:01
A group of Web3 companies launched on Thursday at COP27 a new platform that seeks to invest in carbon mitigation projects with the initial goal of offsetting the historical emissions of Ethereum, the world's second-largest blockchain.
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Cop27: coral conservation groups alarmed over ‘catastrophic losses’

The Guardian - Thu, 2022-11-17 23:00

World faces ‘stark reality that there is no safe limit of global warming for coral reefs’, says researcher

You don’t have to travel far from the sprawling convention center that’s staging the UN climate talks in Sharm el-Sheikh, Egypt, to see what’s at stake. This coastal resort town is fringed by an ecosystem seemingly facing worldwide cataclysm from global heating – coral reefs.

As negotiators haggle over an agreement that may or may not maintain a goal to restrain global temperature rise to 1.5C above pre-industrial levels, the nearby corals face a more brutally unyielding scenario.

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ECJ weighs in on Austrian carbon trading tax fraud case

Carbon Pulse - Thu, 2022-11-17 22:34
The EU’s top court has weighed in on an Austrian case relating to tax fraud committed via the bloc’s carbon market.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-11-17 22:33
EUA prices on Thursday fell for the third day out of four as buyers remained largely on the sidelines after a weak auction, while energy prices retreated for a second day as the demand outlook remains modest amid extended warm weather in Europe.
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Underwater in Sharm el-Sheikh: examining the importance of coral reefs – video

The Guardian - Thu, 2022-11-17 22:00

'Coral reefs are not just a pretty face,' says Simon Donner, a climate scientist taking a break from Cop27 to go snorkelling with the Guardian in Egypt. 

Reefs provide 'really incredibly important services to people all across the tropics and subtropics, including food, income, but also shoreline protection', he said, adding that without the structure of the coral reef off the coast of many islands, waves and the effects of rising sea levels would be much greater.

The coral reefs off the coast of the resort town are part of a 2,485-mile Red Sea network, with 200 species of coral off Egypt alone. They are considered by scientists to be more resilient to global heating than those found elsewhere in the world, such as Australia's Great Barrier Reef, which has suffered four mass-bleaching events in the past six years. 

But here, Donner spotted signs of disease and possible heat-related damage to corals that closely hug the shoreline.

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New Zealand plans centralised carbon trading platform as part of ETS governance overhaul

Carbon Pulse - Thu, 2022-11-17 21:10
New Zealand on Thursday began a consultation process for an intended regulatory overhaul of its ETS to guard against various market risks, including plans to set up a platform to host NZU trading.
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Ocean-based blue carbon venture agrees deal with blockchain firm

Carbon Pulse - Thu, 2022-11-17 20:28
A UK-based company specialising in nascent ocean-based blue carbon projects and eyeing up to 1 billion tonnes in annual removals from 2031 has signed an exclusive deal with a crypto carbon venture to tokenise the credits, it announced Thursday.
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