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Data aggregator launches rating grades for VCM buyers

Carbon Pulse - Sat, 2022-12-17 03:03
A data aggregator has launched a ratings page that grades buyers in the voluntary carbon market, with each company graded to reflect their commitment to offsetting in regard to emission reduction strategies and remaining residual emissions.
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Thérèse Coffey accused of undermining Cop15 talks with weak targets

The Guardian - Sat, 2022-12-17 02:10

Environment secretary disappoints campaigners by failing to set overall targets for river health and protected habitats

The UK government has undermined talks at the Cop15 biodiversity conference by failing to set targets for water quality or habitat protections in England, campaigners have said.

Environmental experts have been disappointed by the delayed legally binding targets mandated by the 2021 Environment Act, which were released on Friday, six weeks after the deadline.

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UK may ban sandeel fishing in move to save threatened seabirds

The Guardian - Sat, 2022-12-17 01:03

Exclusive: government hopes ban in UK waters will protect birds, including puffins, that feed on small fish

Sandeel fishing in UK waters could be banned next year under “gamechanging” government plans to protect puffin and kittiwake numbers, the Guardian can reveal.

The sandeel is a small fish that is critical to marine food webs in the UK, and is an important part of many seabird diets. For example, the number of kittiwakes – which are particularly sandeel-dependent – has fallen by half in the UK since the 1960s, with diminishing availability of prey during the breeding season thought to be mainly responsible.

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Witness to paradise being lost: my year in the dying Amazon

The Guardian - Sat, 2022-12-17 01:00

In the past 12 months I have learned that the mass extermination of the Amazon is a climate catastrophe – and much more

I thought it was a blood moon at first. The dark orange glow appeared at dusk on the far side of the shimmering silver band that is the Xingu River. It was just before 8pm, after the parrots had squawked back to their nests and the insects and frogs were noisily starting the forest nightshift. A flash of lightning from a cloud appeared above almost the same location but the rest of the sky was clear. How could there be a storm? I peered more intently and took a photograph that I could magnify. And there was the answer – a fire, which grew fiercer as I watched, the flames spreading sideways and upwards, flickering red and yellow, billowing smoke into the sky, sparking flashes of lightning every couple of minutes.

I felt sick to the stomach. The Amazon rainforest was being destroyed in front of my eyes. I have been writing about the climate crisis for 16 years, always with a sense of horror but until now, mostly with a sense of distance. This was the first time I had seen it from my home, and it was stranger than I expected. I had not realised until that moment that fire can create its own lightning storms, by creating pyrocumulonimbus, which scientists describe as “the fire-breathing dragon of clouds”.

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Euro Markets: Midday Update

Carbon Pulse - Fri, 2022-12-16 22:35
EUAs were headed for their first weekly loss in a month on Friday as traders sold in advance of political negotiations over the ETS reform package and the expiry of the front-December futures contract on Monday, while energy prices were lower.
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Norwegian Air faces €70 mln EU ETS bill for non-compliance after losing appeal

Carbon Pulse - Fri, 2022-12-16 22:12
Norwegian Air Shuttle will have to pay NOK 400 million (€‎38 mln) for failing to surrender 373,000 carbon allowances for 2020 and 2021, in addition to having to procure the quantity of units it failed to turn in for those years.
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Australia backs $2.7bn of big batteries to narrow gap to 100 pct renewables

RenewEconomy - Fri, 2022-12-16 21:29

big battery Neoen Tesla VictoriaAustralia to fund eight big battery projects with advanced "grid forming" inverters that will help close coal and narrow the gap to 100 pct renewables

The post Australia backs $2.7bn of big batteries to narrow gap to 100 pct renewables appeared first on RenewEconomy.

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CN Markets: CEA price continues to drop, as analysts express modest expectations for 2023

Carbon Pulse - Fri, 2022-12-16 20:33
Carbon allowances in China’s national emissions trading market dropped over the past week despite a rebound in trading volume, with little regulatory progress seen likely to continue weighing down carbon prices next year.
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Nature gets less than 1% of unprecedented EU budget -report

Carbon Pulse - Fri, 2022-12-16 20:02
EU Member States are obligated to spend at least 37% of the Recovery and Resilience Facility (RRF, totalling €750 billion in 2018 prices) launched to recover from the Covid pandemic on climate-related issues, but are only devoting a small part of their budgets to nature, a report has found.
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South Korea to sell fewer carbon allowances in 2023

Carbon Pulse - Fri, 2022-12-16 19:32
South Korea will make a 20% cut in the number of CO2 allowances that will be available at auctions for ETS participants next year compared to 2022, after only being able to sell around half the KAUs it had planned to sell this year.
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The week in wildlife – in pictures

The Guardian - Fri, 2022-12-16 18:00

The best of this week’s wildlife pictures, including hungry puppies, a snow leopard and migratory birds

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COP15: US and Australia agree to work together to measure nature’s economic value

Carbon Pulse - Fri, 2022-12-16 17:43
The US and Australia have signed an agreement at COP15 in Montreal, agreeing to work together to better measure the economic value of nature.
Categories: Around The Web

Capturing Ecology 2022 – in pictures

The Guardian - Fri, 2022-12-16 17:00

A selection of the winning and highly commended images in the British Ecological Society’s annual competition Capturing Ecology, taken by international ecologists and students across the globe. From a hungry mother leopard hunting to the calm of a bird floating on water, the images illustrate the intricacies of nature and our relationship with the natural world

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Calls for tougher regulations as Queensland records highest rate of land clearing in country

The Guardian - Fri, 2022-12-16 16:39

Conservation groups warn not enough is being done to protect ecosystems as state government data shows more than 400,000ha of land was cleared in 2019-20

Queensland continues to record the highest rate of land clearing in the country, with more than 400,000 hectares destroyed in 2019-20, according to new government data.

The Queensland government’s annual statewide landcover and tree study shows 418,656 hectares was cleared, a 38% decline from 680,688 hectares the previous year but still the equivalent of about 567 Melbourne Cricket Grounds a day.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

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Coal demand to reach new global high in ’22 but then flatten until mid-decade, IEA says

Carbon Pulse - Fri, 2022-12-16 16:00
A modest increase in coal demand this year will be enough to reach a new global record high, but its use will plateau after that until at least 2025 as Asian demand proves key to the long term trend in the use of the carbon-intensive fuel, the International Energy Agency (IEA) said on Friday.
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CP Daily: Thursday December 15, 2022

Carbon Pulse - Fri, 2022-12-16 14:40
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Rental crisis getting you down? Why not become a wombat! | First Dog on the Moon

The Guardian - Fri, 2022-12-16 14:21

Welcome to the magical world of marsupial landlords!

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NZ Market: NZU price drops 12% in reaction to “status quo” ETS price settings

Carbon Pulse - Fri, 2022-12-16 13:57
The spot price for NZUs fell by almost 13% to NZ$75 ($47.66) on Friday in reaction to the government keeping the ETS price settings mostly as is, bar slight adjustments for inflation.
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GE’s monster Haliade-X offshore wind turbine now officially most powerful in world

RenewEconomy - Fri, 2022-12-16 13:50

ge wind turbine haliade xGE's Haliade-X wind turbine receives full type certificate for operations up to 14.7 MW from DNV GL, the world’s largest independent certification body.

The post GE’s monster Haliade-X offshore wind turbine now officially most powerful in world appeared first on RenewEconomy.

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Greens hail blow to “ludicrous” practice of burning native forests for energy

RenewEconomy - Fri, 2022-12-16 13:45

Biomass bioenergy biofuels ARENA roadmap - optimisedThe generation of electricity by burning native forest wood waste will no longer be counted as renewable in Australia, as Labor makes good on Climate Bill negotiation promise.

The post Greens hail blow to “ludicrous” practice of burning native forests for energy appeared first on RenewEconomy.

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