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Russia-Ukraine war has nearly doubled household energy costs worldwide – it didn’t have to

RenewEconomy - Fri, 2023-02-17 07:27

New study offers a stark reminder that an energy system highly reliant on fossil fuels perpetuates energy-security risks and accelerates climate change.

The post Russia-Ukraine war has nearly doubled household energy costs worldwide – it didn’t have to appeared first on RenewEconomy.

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British Columbia releases revised draft forest offset protocol after stakeholder pushback

Carbon Pulse - Fri, 2023-02-17 07:00
The British Columbia Ministry of Environment and Climate Change Strategy (MECCS) on Thursday posted a new draft version of the province’s forest carbon offset protocol (FCOP), which incorporates feedback from the previous iteration that saw stakeholders blast its economic viability.
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Cyclones vs grids: Does Gabrielle strengthen the case for burying power lines?

RenewEconomy - Fri, 2023-02-17 06:33

With the threat of more frequent storms of increasing intensity, is it time to concede that overhead powerlines just won't cut it?

The post Cyclones vs grids: Does Gabrielle strengthen the case for burying power lines? appeared first on RenewEconomy.

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Offset project developer EKI in bid to defend accounting practices as shares continue to tumble

Carbon Pulse - Fri, 2023-02-17 05:55
EKI Energy Services on Wednesday sent a letter to India's BSE stock exchange to address revenue recognition issues flagged by its auditors, as the company's shares continued to tumble, crashing by some 50% so far this week.
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Carbon ratings firm downgrades US CCS offset projects to lowest rank

Carbon Pulse - Fri, 2023-02-17 03:28
A carbon credit ratings agency has downgraded three ACR-certified enhanced oil recovery (EOR) projects in the US to its lowest ranking after a portfolio review.
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Ireland lines up emissions deal with Slovakia to meet non-ETS compliance -media

Carbon Pulse - Fri, 2023-02-17 02:50
Ireland is due to buy almost €3 million worth of intergovernmental carbon units from Slovakia ahead of a deadline for EU nations to comply with their non-ETS climate obligations, according to media reports.
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Otter kills young beavers released at Loch Lomond

BBC - Fri, 2023-02-17 02:25
The two kits were part of a family of beavers moved from an area of Tayside.
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Soaring fuel bills may push 141m more into extreme poverty globally – study

The Guardian - Fri, 2023-02-17 02:00

Researchers say Russia’s invasion of Ukraine has driven up household energy costs by between 62.6% and 112.9%

Soaring energy prices triggered by the Russia-Ukraine conflict could push up to 141 million more people around the globe into extreme poverty, a study has found.

The cost of energy for households globally could have increased by between 62.6% and 112.9% since Russia’s invasion of Ukraine, according to a modelling study by an international group of scientists published in Nature Energy.

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Rising gas and oil demand to drive global emissions 0.5% higher in 2023 -report

Carbon Pulse - Fri, 2023-02-17 01:48
Global emissions could increase by 0.5% in 2023 due to higher oil and gas use and strengthening fossil fuel demand in China, though emissions in the EU could see a "very large drop" this year, the authors of a study told a webinar Thursday.
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UK carbon standard launched to spur nature restoration via approved buyers

Carbon Pulse - Fri, 2023-02-17 01:46
A UK standard focused on developing native habitat restoration projects for the domestic voluntary carbon market has had its first two projects validated, it said on Thursday, noting that it will only sell its credits to those taking steps to cut their own emissions.
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EU green industrial plan sows division among lawmakers

Carbon Pulse - Fri, 2023-02-17 01:02
The EU's Green Deal Industrial Plan caused division among lawmakers on Thursday, as most of the bloc's largest political group refused to back a resolution, weakening the Parliament's influence on the legislation.
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ICE posts record North American environmental markets volume in 2022 on strength of RECs, LCFS credits

Carbon Pulse - Fri, 2023-02-17 00:18
Exchange operator ICE on Thursday announced record volume and participation in North American environmental markets last year, led by the company’s suite of Renewable Energy Certificate (RECs) and California Low Carbon Fuel Standard (LCFS) futures.
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Japan’s new whaling ‘mother ship’ being built to travel as far as Antarctica

The Guardian - Fri, 2023-02-17 00:00

Whaling company says construction of new vessel will help ‘pass on our whaling culture to the next generation’

A Japanese company is building a new whaling ship designed to travel as far as Antarctica, sparking fears commercial operations could resume in the Southern Ocean.

Australia’s environment minister, Tanya Plibsersek, reaffirmed the Albanese government’s commitment to a global moratorium on commercial whaling, while Greenpeace condemned the practice as “brutal and unnecessary”.

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Call for urgent overhaul of Australia’s monitoring of ‘astronomical’ plastic pollution problem

The Guardian - Fri, 2023-02-17 00:00

Australian Academy of Science points to over-reliance on volunteers and says more regular surveys needed

The Australian Academy of Science has called for an overhaul of the nation’s approach to studying plastic pollution, warning there is an over-reliance on volunteers and a lack of consistent data to document the “astronomical” problem.

About three-quarters of rubbish along Australia’s coast is plastic, posing a threat to more than 690 marine animals including turtles and seabirds. CSIRO researchers believe 43% of short-tailed shearwater birds in eastern Australia have plastic in their gut.

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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-02-16 22:55
European carbon prices rose to their highest in six months on Thursday as traders shrugged off the bearish impact of the looming additions to auction supply under the REPowerEU plan, while energy markets eased off after two days of increases.
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Biodiversity Pulse Weekly: Thursday February 16, 2023

Carbon Pulse - Thu, 2023-02-16 21:02
A weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).
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Oil and gas least on track sector in biodiversity risk disclosure

Carbon Pulse - Thu, 2023-02-16 20:16
A European bank has found that the oil and gas sector is the least "on track" in disclosing its nature-based risk in an analysis that considered three of the most exposed industries to nature loss and climate.
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China’s Shandong pushes for insurance tools to protect nature-based sinks

Carbon Pulse - Thu, 2023-02-16 19:59
The government of Shandong, one of the most populous provinces in China, has said it will encourage innovative insurance products as a tool to protect nature-based carbon sinks generated in the region, following a number of new policies recently introduced by domestic insurers.
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Out of the weeds: Seaweed industry gets boost on both sides of the Atlantic

Carbon Pulse - Thu, 2023-02-16 19:32
Amazon on Thursday announced it is funding the world’s first commercial-scale seaweed farm in the North Sea while a US seaweed material tech firm this week raised $6 million in pre-Series A funding, providing a welcome boost to a burgeoning industry considered important in addressing the twin crises of climate change and biodiversity loss.
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Rio Tinto joins trader Marubeni to secure low carbon aluminium supply chain

Carbon Pulse - Thu, 2023-02-16 18:39
Rio Tinto and trading house Marubeni have agreed to a first sale under a new strategic collaboration agreement to secure the supply of the mining giant’s low carbon aluminium products to downstream Japanese customers, the two companies announced on Thursday.
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