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California legislators reintroduce proposal to strengthen 2030 climate target

Carbon Pulse - Wed, 2022-12-07 08:44
California lawmakers on Monday put forth related bills to ramp up the state’s 2030 emissions reduction target, coming after the proposal failed in the most recent legislative session and state regulator ARB’s Scoping Plan aims for deeper climate mitigation.
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PREVIEW: RGGI Q4 auction settlement expected to align with secondary market

Carbon Pulse - Wed, 2022-12-07 08:04
Traders largely believe the December RGGI auction will clear in line with secondary market pricing, as steady compliance demand runs up against regulatory uncertainty in Virginia and Pennsylvania, and a low capacity for returns scares off speculative participation.
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Robin road rage: study shows traffic noise makes birds more aggressive

The Guardian - Wed, 2022-12-07 08:00

UK-Turkish team think sound of vehicles can interfere with their normal song when trying to warn off nearby rivals

It isn’t just people who get road rage. Robins in the countryside become more aggressive when they hear the sound of traffic, according to a study.

Beloved for their plump appearance, proud bearing and sweet song, European robins are actually fiercely competitive creatures, whose calls and behaviours are part of a struggle for territorial dominance fought daily with their neighbours.

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Onshore wind rules to be relaxed after Tory revolt

BBC - Wed, 2022-12-07 07:22
The government says it will rewrite a planning rule restricting new turbines in England.
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Emissions exchange eyes free market, blockchain-based CO2 pricing platform concept with technology firm

Carbon Pulse - Wed, 2022-12-07 07:21
A blockchain technology company signed an agreement with a North American commodity exchange to develop a carbon pricing platform, the companies announced Monday.
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Farmers should not expect help with rising food prices, says Thérèse Coffey

The Guardian - Wed, 2022-12-07 06:09

The environment secretary tells MPs it is ‘not the role of government to provide free food’ or to intervene in markets

The government has ruled out making any intervention in the market to help farmers or consumers with high food prices, the environment secretary, Thérèse Coffey, has said.

Food prices have soared in the past year, in part owing to higher input prices such as energy, fertiliser and animal feed. Last month, food price inflation hit a fresh high of 12.4%, with poorer households hit hardest.

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Sunak set to end ban on new onshore windfarms in face of Tory rebellion

The Guardian - Wed, 2022-12-07 05:31

Deal reached that paves way for communities in England to authorise projects without unanimous support

Rishi Sunak has signalled the end of a moratorium on new onshore wind projects in an attempt to head off a row with Tory MPs, his second U-turn in two days.

The prime minister and the business secretary, Grant Shapps, reached a deal on Tuesday afternoon that will pave the way for communities to be able to authorise such energy developments without unanimous support.

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In 2022, Australia's governments finally got moving on climate. Here's how

The Conversation - Wed, 2022-12-07 05:04
After a decade of climate wars, Australia is suddenly united – with state, territory and federal goverments aiming for net zero by 2050 for the first time Alison Cleary, Sustainable Economies Lead, Climateworks Centre, Monash University Sarah Fumei, Senior Project Manager, Climateworks Centre, Monash University Licensed as Creative Commons – attribution, no derivatives.
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Industry groups urge EU to include export support in carbon border measures

Carbon Pulse - Wed, 2022-12-07 05:01
Industry representatives are piling pressure on European institutions to introduce WTO-compliant ‘export adjustments’ to the proposed carbon border adjustment mechanism (CBAM) as talks over the mechanism near closure.
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New Cumbrian coalmine would prove UK hypocrisy, say experts around world

The Guardian - Wed, 2022-12-07 04:36

Activists and experts say green light for coal would show UK’s ‘posturing, double standards and broken promises’

For the UK to open a new coalmine would be “hypocritical”, would “send the wrong message”, and makes “a mockery” of climate action, developing country activists and experts involved in global climate negotiations have said.

A decision on whether to go ahead with a new coalmine in Cumbria is expected from the UK government as soon as Wednesday.

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EU legislators bid to resolve differences on aviation’s place in the ETS

Carbon Pulse - Wed, 2022-12-07 04:23
EU co-legislators are meeting late on Tuesday to try to reach agreement on how aviation should be treated in the bloc's carbon market, though one well-placed source expected the talks to need more time.
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Climate protesters told to pay National Gallery £1,000 for damaging painting

The Guardian - Wed, 2022-12-07 04:19

Just Stop Oil’s Hannah Hunt and Eben Lazarus found guilty after glueing themselves to Constable’s The Hay Wain

Two climate protesters have been ordered to compensate the National Gallery after they were found guilty of causing more than £1,000 of damage to the Hay Wain, probably John Constable’s best-known painting.

In July Just Stop Oil supporters Hannah Hunt, 23, and Eben Lazarus, 22, taped printed posters of a dystopian reimagining of the landscape over its canvas, before glueing their hands to its gilt frame.

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Argentina’s Cordoba province hosts pilot VER auction

Carbon Pulse - Wed, 2022-12-07 04:14
The Argentinian province of Cordoba last week held a blockchain-based pilot voluntary carbon credit auction for GHG mitigation activities not registered with international standards.
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Canada leads calls for 30% for nature target as

The Guardian - Wed, 2022-12-07 04:07

The ‘30x30’ proposal is supported by more than 100 countries but Indigenous peoples and human rights campaigners have significant doubts

Conserving 30% of Earth for nature would be equivalent to the 1.5C climate target, Canada’s environment minister has said, as senior UN figures warn action on nature loss at Cop15 this month is key to helping solve the biodiversity and climate crises.

Steven Guilbeault, a former environmental activist who is now Canada’s climate minister, said that agreeing to conserve nearly a third of the planet by the end of the decade is a key aim for his country at the biodiversity summit, which is being held in Montreal over the next two weeks.

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New standardised cookstove-based carbon contract starts with a flourish

Carbon Pulse - Wed, 2022-12-07 03:34
Several companies traded Xpansiv CBL’s new standardised contract for cookstove offsets on its launch day on Monday, with units representing some 210,000 tonnes of CO2e changing hands.
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Deforestation: EU law bans goods linked to destruction of trees

BBC - Wed, 2022-12-07 03:18
Household goods such as coffee and chocolate will have to pass strict checks before they are sold in the EU.
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Developer tries again with mammoth batch of new REDD projects

Carbon Pulse - Wed, 2022-12-07 02:28
An Indian developer and consultancy, which has previously seen a large forestry scheme rejected, is behind three huge new REDD projects attempting to bring fresh annual supply of more than 38 million carbon credits into the voluntary carbon market (VCM).
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COP15 opens with heavily bracketed text, long road ahead for new agreement

Carbon Pulse - Wed, 2022-12-07 01:44
The UN’s biodiversity negotiations opened in Montreal on Tuesday, with high-level statements noting the significant challenges that lie ahead in forging a new global framework to halt and reverse the alarming rate of nature loss, as global negotiators brace for intense negotiations over a currently heavily bracketed text.
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Ofwat attacks water firms’ lack of investment to cut sewage discharges

The Guardian - Tue, 2022-12-06 23:18

Regulator calls spending on network improvements ‘extremely disappointing’ after companies undershot budgets

Ofwat has criticised water companies for failing to invest enough in treatment plants to stop the overuse of raw sewage discharges.

The water regulator for England and Wales said on Tuesday that water and wastewater companies were falling behind on their investment plans, leaving promised service improvements behind schedule or undelivered.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-12-06 22:50
EUAs rebounded 0.8% on Tuesday morning as speculative positioning kept support for Dec-22s amid the imminent options expiry, as colder weather prospects added strength.
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