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RGGI states reduce Q1 auction volumes with ongoing Pennsylvania absence

Carbon Pulse - Wed, 2023-01-11 03:31
Auction volumes offered at RGGI’s first quarterly auction for the year dropped again quarter-on-quarter, but are fairly in line with last year’s Q1 auction that also excluded Pennsylvania, the cap-and-trade scheme’s Tuesday notice showed.
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Argentina keeps up pace of reducing deforestation emissions over 2017-18

Carbon Pulse - Wed, 2023-01-11 03:20
Argentina cut CO2 output from deforestation by more than 50% over the 2017-18 period compared to historical levels, with the pace roughly in line with reductions earlier in the decade for which the country received international payments, according to data published by the UN on Monday.
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What are El Niño and La Niña, and how do they change the weather?

BBC - Wed, 2023-01-11 03:06
Global temperatures and rain patterns are affected by climate phenomena known as El Niño/La Niña.
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VCM retirement and issuance totals to increase by more than 20% in 2023 -analysts

Carbon Pulse - Wed, 2023-01-11 03:02
Voluntary carbon market (VCM) retirements will rise sharply to 240 Mt in 2023 while issuances will hit 354 Mt, according to projections by a data aggregator published on Tuesday.
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Activists sue French food firm Danone over use of plastics

The Guardian - Wed, 2023-01-11 02:17

Corporate responsibility lawsuit begun by NGOs accusing Evian brand owner of ‘failing’ to address environmental footprint

Danone, the French yoghurt and bottled water company, is being taken to court by three environmental groups who accuse it of failing to sufficiently reduce its plastic footprint.

The company behind Evian and Volvic mineral water was failing in its duties to act under a groundbreaking French law, the groups said.

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Biodiversity: Rising tide of extinctions on Madagascar

BBC - Wed, 2023-01-11 02:03
The island will take millions of years to recover from a wave of extinctions, scientists say.
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Extreme weather caused 18 disasters in US last year, costing $165bn

The Guardian - Wed, 2023-01-11 02:00

Disasters costing at least $1bn killed 474 people last year, government figures show

The US endured a particularly painful year as communities wrestled with the growing impacts of the climate crisis, with 18 major disasters wreaking havoc across the country as planet-heating emissions continued to climb.

Storms, floods, wildfires and droughts caused a total of $165bn in damages in the US last year, $10bn more than the 2021 total and the third most costly year since records of major losses began in 1980, according to new US government data.

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Madagascar’s unique wildlife faces imminent wave of extinction, say scientists

The Guardian - Wed, 2023-01-11 02:00

Study suggests 23m years of evolutionary history could be wiped out if the island’s endangered mammals go extinct

From the ring-tailed lemur to the aye-aye, a nocturnal primate, more than 20m years of unique evolutionary history could be wiped from the planet if nothing is done to stop Madagascar’s threatened mammals going extinct, according to a new study.

It would already take 3m years to recover the diversity of mammal species driven to extinction since humans settled on the island 2,500 years ago. But much more is at risk in the coming decades: if threatened mammal species on Madagascar go extinct, life forms created by 23m years of evolutionary history will be destroyed.

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A hippopotamus: Where do they keep their enormous teeth? | Helen Sullivan

The Guardian - Wed, 2023-01-11 00:00

And why did I have to be a hippo? Why not a hawk, a hare, a magnificent horse?

When you are young, your name will associate you with one animal or another. Mine was, inevitably and to my great disappointment, a hippo: an animal of thick, grey skin, whiskers sprouting from its cheeks, feet that were far too small for its body. Hippos weren’t even cute, I knew this: their strange mouths, cheeks at the end of a long nose, hid (where? how?) vast discoloured teeth which they used to chomp anything from antelope to zebra. I wanted my name to start with an elegant lowercase h: a letter that also happened to be the shape of a miniature giraffe. Instead I was H for Hippo, stocky and sturdy, like a Kalabari mask from Nigeria.

Hippos eat grass instead of fish, according to Kikuyu legend, because of a deal with God: the hippo wanted to swim in waters cooled by the snow from Mount Kenya but God worried he would eat his little fishes, which were very dear to him. (And why wouldn’t they be? Little silver fish, quick and made of light.) So the hippo promised that, at night, he would emerge from the water “every time that food passes through my body, and I will scatter my dung on the earth with my tail”.

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UK rocket failure is a setback, not roadblock

BBC - Tue, 2023-01-10 23:13
Plans for the UK to become a satellite-launching state are already well advanced.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2023-01-10 22:39
EUAs trimmed some of Monday's 5.3% gain in early trade on Tuesday with some participants suggesting the market had 'overshot' in the previous session, while energy markets were mixed as gas fell in the absence of any signals on Asian LNG demand and amid continued mild temperatures.
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Renewable tracker sees wind and solar offsetting coal production by 2030

Carbon Pulse - Tue, 2023-01-10 22:08
Current and planned renewable capacity worldwide will be sufficient to displace current operating coal capacity by 2030, but fall short of a net zero-aligned growth pathway, according to updated estimates from NGO-managed wind and solar power trackers. 
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Climate change: Europe and polar regions bear brunt of warming in 2022

BBC - Tue, 2023-01-10 22:07
Last year was the world's fifth warmest year with Europe enduring its hottest summer on record
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INTERVIEW: Carbon credit review raises questions about avoided deforestation in Australia’s biodiversity market

Carbon Pulse - Tue, 2023-01-10 21:46
A government-commissioned review of Australia’s carbon credit system published this week recommended ditching the nation’s avoided deforestation methodology over baseline issues, a move that could create challenges for such projects in finding a place in the country’s emerging biodiversity market.
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Governments urged to confront effects of climate crisis on migrants

The Guardian - Tue, 2023-01-10 21:00

Experts say extreme weather is a growing danger to displaced people and could force more to flee homes

Governments must get to grips with the links between the climate crisis and the plight of migrants around the world, experts have said, as increasingly extreme weather is a mounting danger to already vulnerable displaced people, and is potentially pushing more people to flee their homes.

Migrants and displaced people number more than 100 million around the world, mainly in developing countries, and are among the populations most at risk from extreme weather.

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Taiwan climate bill passes third reading, carbon levy to be introduced in 2024

Carbon Pulse - Tue, 2023-01-10 20:29
Taiwanese lawmakers on Tuesday passed a revised climate bill that includes the legislation of the island's 2050 net zero target and the introduction of a long-awaited carbon pricing scheme, which is set to be launched in 2024 at the earliest.
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Forecasters see rapidly growing biodiversity market as nature crisis forces response

Carbon Pulse - Tue, 2023-01-10 19:07
Non-profit Inevitable Policy Response (IPR) has released a first integrated climate and nature policy scenario for investors, predicting that on top of nature-based carbon projects a biodiversity credit market is set to emerge that could we worth $18-43 billion by mid-century.
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Safeguard Mechanism proposal sets strong foundation, but doubts around offsets persist  

Carbon Pulse - Tue, 2023-01-10 18:38
Groups have welcomed the Australian government’s final policy proposal of the Safeguard Mechanism, saying it vastly improves the existing framework, however concerns remain about facilities’ unlimited access to carbon credits to offset emissions and a failure to deal with Scope 3 emissions.
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China’s Sichuan, Guangzhou release regional plans for forestry carbon offsets

Carbon Pulse - Tue, 2023-01-10 17:08
Two regional governments in China have become the latest to announce plans to develop forest carbon sink programmes, despite a lack of policy clarity due to the years-long suspension of the national offset scheme.
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Why do traffic reduction schemes attract so many conspiracy theories? | Peter Walker

The Guardian - Tue, 2023-01-10 17:00

Plan to restrict car journeys in Oxford becomes lightning rod for fears of global assault on freedoms

Jordan Peterson is rarely lacking in strong opinions, but even by the standards of the Canadian psychologist turned hard-right culture warrior, this was vehement stuff: a city is planning to lock people in their local districts as part of a “well-documented” global plot to, ultimately, deprive them of all personal possessions.

Where was this? Not Beijing, or even Pyongyang. It was Oxford. In the days since Peterson’s tweet – viewed 7.5m times – officials in the city have fielded endless queries from around the world asking why they are imposing a “climate lockdown”. Inevitably, there have also been some threats.

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