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World Bank investment arm, VER firms launch fund for nature-based credits

Carbon Pulse - Thu, 2022-08-18 08:08
The International Finance Corporation (IFC) and a group of carbon credit investors and fintech companies on Wednesday announced a new fund that will look to purchase VERs from “high-quality” nature-based credits and tokenise them on the blockchain.
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Quebec finalises free allocation haircut for cap-and-trade emitters

Carbon Pulse - Thu, 2022-08-18 08:06
The Quebec provincial government on Wednesday finalised its plans to cut the number free allowances that it distributes to the industrial sector under its WCI-linked programme from 2024.
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Verra gives 2025 deadline for offset projects to use revamped REDD methodology

Carbon Pulse - Thu, 2022-08-18 07:50
Standards body Verra on Wednesday outlined a phased approach for VCS carbon credit projects to begin using its forthcoming consolidated REDD methodology, as the organisation aims to have individual avoided deforestation initiatives align with jurisdictional-level activity data.
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Ancient megalodon shark could eat a whale in a few bites, research suggests

The Guardian - Thu, 2022-08-18 07:25

Study used fossil evidence to create a 3D model of the 50ft-long shark and estimated it could have eaten a killer whale in five bites

Modern sharks have nothing on their ancient cousins. A giant shark that roamed the oceans millions of years ago could have devoured a creature the size of a killer whale in just five bites, research suggests.

For their study published on Wednesday, researchers used fossil evidence to create a 3D model of the megalodon – one of the biggest predatory fish of all time – and find clues about its life.

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Biggest polluters may have to cut emissions by 6 pct a year under Labor plan

RenewEconomy - Thu, 2022-08-18 06:37

Labor releases discussion paper about the Safeguard Mechanism and how to turn it into something useful that actually cuts emissions.

The post Biggest polluters may have to cut emissions by 6 pct a year under Labor plan appeared first on RenewEconomy.

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To hit 82% renewables in 8 years, we need skilled workers – and labour markets are already overstretched

The Conversation - Thu, 2022-08-18 06:04
Australia is already in the grip of a skills shortage. We’re going to have to solve that before we can start on the big renewables build. Chris Briggs, Research Director, Institute for Sustainable Futures, University of Technology Sydney Rusty Langdon, Research Consultant, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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People are shivering in cold and mouldy homes in a country that pioneered housing comfort research – how did that happen?

The Conversation - Thu, 2022-08-18 06:04
Housing standards in Australia have slipped behind the rest of the world. But momentum is growing to revive past ambitions to build the best homes we can. Rachel Goldlust, Adjunct Research Fellow, School of Archaeology and History, La Trobe University Licensed as Creative Commons – attribution, no derivatives.
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Indian renewables offset project gets updated score from ratings firm

Carbon Pulse - Thu, 2022-08-18 05:01
A carbon credit rating agency has upgraded its grading for a high-yielding Verra-certified Indian renewables project, the first time an activity being placed 'on watch' has received a better score.
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Oil majors’ GHG abatement scenarios fail to hit target, say researchers

Carbon Pulse - Thu, 2022-08-18 04:43
Scenario modelling by three major oil companies on their future greenhouse gas emissions fails to meet the goals of the Paris Agreement, according to peer-reviewed research published this week.
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Mine-hunting dolphins filmed hunting and eating venomous sea snakes

The Guardian - Thu, 2022-08-18 04:00

Unique footage from US Navy sea mammals captures bursts of sonar clicks and victory squeals after grabbing meal

Video cameras attached to mine-hunting US Navy dolphins have filmed them hunting and eating fish and, to the scientists’ surprise, swallowing venomous yellow-bellied sea snakes.

It is the first time video and sound has captured bottlenose dolphins feeding on live fish, from the bursts of sonar clicks used to pinpoint the prey to the victory squeals after grabbing a meal.

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Labor wants safeguard mechanism to cut emissions from big polluters by up to 6% a year

The Guardian - Thu, 2022-08-18 03:30

Consultation paper suggests annual rates of emissions cuts, with tradable carbon credits rewarded to companies cutting pollution quickly

Australia’s big polluting industries are likely to have to reduce carbon dioxide emissions by between 3.5% and 6% a year from next July under the Albanese government’s plan to respond to the climate crisis.

The government on Thursday released a consultation paper setting out how it could reform the safeguard mechanism, a policy that was introduced by the Coalition under Tony Abbott in 2016 to prevent increases in industrial emissions. In practice, companies have been allowed to increase pollution without penalty and industrial emissions have continued to rise.

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Director, Regranting Fund for Integrity in Forest Carbon Markets, Re:Wild – Flexible, US preferred

Carbon Pulse - Thu, 2022-08-18 02:12
Re:wild is seeking a director to help establish, manage and oversee a new, multi-donor Fund to support high-integrity carbon market readiness processes in the world’s most important tropical forest jurisdictions. 
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Sewage hits dozens of beaches in England and Wales after heavy rain

BBC - Thu, 2022-08-18 00:12
Charity issues warning after water firms discharge untreated sewage to avoid potential flooding.
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Green hydrogen has the low carbon credentials but investors need policy backing, report says

Carbon Pulse - Thu, 2022-08-18 00:01
Green hydrogen offers a more viable option for Australian investors than its blue rival, as hydrogen made from renewables appears to be more economically viable and comes with fewer investment risks than hydrogen from fossil fuels with CCS, a report from an investor group focused on the impact of climate change stated on Thursday.
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Church of England pension boss’s shares in Shell ‘shocking’, say campaigners

The Guardian - Thu, 2022-08-18 00:00

Exclusive: Christian climate groups urge Clive Mather to resign and C of E to divest from fossil fuel

The chair of the Church of England Pensions Board, which has not divested its £3.5bn fund from fossil fuels, is a shareholder in Shell, the Guardian can reveal.

Clive Mather had a 38-year career at the oil company during which he oversaw a multibillion-dollar tar sands project in Canada.

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Holy Island vicar leads fight against fishing ban that would ‘rip the heart out of Lindisfarne’

The Guardian - Wed, 2022-08-17 23:58

Defra’s proposal for highly protected marine area off the coast of Northumberland could displace fishers, islanders warn

A Church of England vicar on the Holy Island of Lindisfarne has called the proposal to ban local fishing a “real error” with “massive socio-economic impact”.

One of the most important centres of early Christianity in England, the tidal island in Northumberland saw the first significant Viking attack in Europe and is the birthplace of the Lindisfarne gospels, now housed in the British Library. Every year, half a million visitors flock to its 12th-century priory, castle, pubs and cafes.

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Loss-making utility Uniper reports 12% rise in CO2 output for H1

Carbon Pulse - Wed, 2022-08-17 23:48
German utility Uniper said its ETS-covered emissions rose 12% to 27.4 million tonnes in H1 as it shifted output to coal, it said in first-half0 results on Wednesday that revealed substantial losses owing to Russian gas curbs.
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Beachgoers warned to stay away after sewage alerts across England and Wales

The Guardian - Wed, 2022-08-17 23:37

Discharges following heavy rainfall affecting water quality, especially in south

Swimmers have been warned to stay away after sewage was discharged on beaches across England and Wales, predominantly in the south.

Pollution alerts have been issued to beachgoers by the Environment Agency, and on some beaches signs have been put up to warn people.

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Golden eagles face double threat as US wind turbines add to climate crisis peril

The Guardian - Wed, 2022-08-17 22:21

Species at risk of death from collision with proliferating wind power but rising temperatures could cut ranges by 40%

The rush to build wind farms to combat climate change is colliding with preservation of one of the US west’s most spectacular predators, the golden eagle – as the species teeters on the edge of decline.

Ground zero in the conflict is Wyoming, a stronghold for golden eagles that soar on seven-foot wings and a favored location for wind farms.

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