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Protecting 30% of Australia's land and sea by 2030 sounds great - but it's not what it seems

The Conversation - Fri, 2022-07-29 06:05
Australia’s protected areas have grown and grown. But at the same time, ecosystems are falling apart. How can that be? Benjamin Cooke, Senior lecturer, RMIT University Aidan Davison, Associate Professor, University of Tasmania Jamie Kirkpatrick, Professor of Geography and Environmental Studies, University of Tasmania Lilian Pearce, Lecturer, Environmental Humanities, Centre for the Study of the Inland, La Trobe University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Not waving, drowning: why keeping warming under 1.5℃ is a life-or-death matter for tidal marshes

The Conversation - Fri, 2022-07-29 06:04
Tidal marshes can build up their soil to keep pace with sea-level rises – up to a point. It turns out the point when the marsh is drowned matches the average rise when global warming exceeds 1.5℃. Neil Saintilan, Professor, School of Natural Sciences, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

UN body agrees crediting fee structure for new carbon market mechanism

Carbon Pulse - Fri, 2022-07-29 04:40
The appointed body overseeing the UN's new carbon crediting mechanism met for the first time this week, agreeing a fee structure and to meet again twice before November's COP27 UN climate talks to keep pace with its aim of having the system ready by the end of 2023.
Categories: Around The Web

Canadian VER investor expects issuance of 20 mln carbon credits by 2027

Carbon Pulse - Fri, 2022-07-29 04:30
A Toronto-based VER investment firm on Thursday estimated its growing project portfolio will cross the 20-million credit mark by 2027, as the company also disclosed recent funding commitments and project milestones.
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Crypto community band together in effort to stop oil drilling in DRC

Carbon Pulse - Fri, 2022-07-29 03:27
Parts of the crypto community have bandied together to form a special action DAO to try to crowdfund cash to bid in auctions for oil exploration and drilling rights in the Democratic Republic of Congo (DRC).
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European soil carbon firm targets global rollout after UK acquisition

Carbon Pulse - Fri, 2022-07-29 02:40
A European soil carbon crediting company is planning to expand to the Americas and Australia after acquiring a British-based emissions auditing specialist.
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California’s ARB sticking with 2045 CO2 neutrality goal following Newsom letter

Carbon Pulse - Fri, 2022-07-29 01:31
California Governor Gavin Newsom’s (D) request to beef up the stringency of the 2022 Scoping Plan will not affect the state’s existing target for 2045 carbon neutrality, a spokesperson for regulator ARB told Carbon Pulse.
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VCM prices and liquidity both crunch lower, CBL data shows

Carbon Pulse - Fri, 2022-07-29 01:28
Prices and liquidity on the CBL platform slid in the second quarter as the impact of the global economic slowdown amid rampant inflation took its toll on the voluntary carbon market, Xpansiv CBL revealed on Thursday.
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Activists surprised and relieved at Manchin’s decision to back climate bill

The Guardian - Fri, 2022-07-29 01:24

But the senator’s insistence on more fossil fuel drilling was called a ‘climate suicide pact’ by one expert

Climate advocates reacted with surprise and delight to Joe Manchin’s decision to back a sweeping bill to combat the climate crisis, with analysts predicting the legislation will bring the US close to its target of slashing planet-heating emissions.

The West Virginia senator, who has made millions from his ownership of a coal-trading company, had seemingly thwarted Joe Biden’s hopes of passing meaningful climate legislation – only to reveal on Wednesday his support for a $369bn package to support renewable energy and electric vehicle rollout.

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Climate targets at risk as countries lag in updating emission goals, say campaigners

The Guardian - Fri, 2022-07-29 01:00

Labour says UK government ‘asleep at the wheel’ of Cop26 presidency as just 16 of 197 member nations submit new climate action plans

International climate targets could be at risk because only a handful of countries have updated their emission reduction goals since last year’s Cop26 summit, campaigners have warned.

Just 16 out of 197 member countries of the UN Framework Convention on Climate Change have updated their plans for how to meet climate goals – known as nationally determined contributions or NDCs.

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“Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike

RenewEconomy - Fri, 2022-07-29 00:10

Hydro power is not supposed to cost much, and last quarter it was rarely used but set the price nearly half the time - at an average of more than $300/MWh. Why?

The post “Opportunity cost:” The role played by Snowy’s hydro plants in electricity price spike appeared first on RenewEconomy.

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AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs

RenewEconomy - Fri, 2022-07-29 00:01

AEMO says fossil fuel crisis makes it clear Australia needs to accelerate its shift to wind, solar and storage to deliver cheap and reliable energy.

The post AEMO urges quicker shift to renewables amid coal failures and soaring fossil fuel costs appeared first on RenewEconomy.

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China quietly removes ETS chief from post

Carbon Pulse - Thu, 2022-07-28 22:57
China has quietly replaced the environment ministry official in charge of the nation’s emissions trading scheme, sources have confirmed, as the challenges facing the programme continue to build.
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Cold sores traced back to kissing in Bronze Age by Cambridge research

BBC - Thu, 2022-07-28 22:56
Scientists say a strain of herpes arose during vast migrations of people 5,000 years ago.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2022-07-28 22:40
EUA prices gradually rallied throughout Thursday morning amid steady buying interest in a thin market, while energy prices edged lower as a utility said a major UK gas storage site could reopen this winter and Russia said a key component of the Nord Stream pipeline could be delivered soon.
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Tired of waiting, Chinese firms begin placing bets on future CCERs

Carbon Pulse - Thu, 2022-07-28 22:14
A growing number of Chinese companies are making long-term commitments on new CCER project development and transactions, despite a complete lack of clarity on when the programme might restart and which methodologies might be eligible if and when it does.
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Centre-right Climate party launches to oust Tory MPs opposing climate action

The Guardian - Thu, 2022-07-28 21:49

Ed Gemmell wants to offer Conservative voters climate-conscious, business-friendly alternative

A new political party committed to solving the climate crisis plans to challenge the Tories in more than 100 seats at the next election, targeting climate-denying Tory backbenchers.

Launched as a centre-right, single-issue party, the Climate party aims to provide Conservative voters with a business-friendly, climate-serious alternative to the Tories, whose leadership candidates have been reticent over the party’s net zero commitments as Britain buckled under 40C heat for the first time on record.

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Humanity can’t equivocate any longer. This is a climate emergency | Rebecca Solnit and Terry Tempest Williams

The Guardian - Thu, 2022-07-28 20:25

The climate emergency has been declared over and over. The future the scientists warned us about is here, now

We are declaring a climate emergency. Everyone can, in whatever place on Earth they call home. No one needs to wait for politicians any more – we have been waiting for them for decades. What history shows us is that when people lead, governments follow. Our power resides in what we are witnessing. We cannot deny that Great Salt Lake is vanishing before our eyes into a sun-cracked playa of salt and toxic chemicals. Nor can we deny that Lake Mead is reduced to a puddle. In New Mexico a wildfire that began in early April is still burning in late July. Last August, the eye of Hurricane Ida split in two – there was no calm – only 190mph winds ripping towns in the bayous of Louisiana to shreds; and 7m acres in the American west burned in 2021. The future the scientists warned us about is where we live now.

The climate emergency has been declared over and over by Nature and by human suffering and upheaval in response to its catastrophes. The 2,000 individuals who recently died of heat in Portugal and Spain are not here to bear witness, but many of the residents of Jacobabad in Pakistan, where Amnesty International declared the temperatures “unlivable for humans”, are. The heat-warped rails of the British train system, the buckled roads, cry out that this is unprecedented. The estimated billion sea creatures who died on the Pacific north-west’s coast from last summer’s heatwave announced a climate emergency. The heat-devastated populations of southern Asia, the current grain crop failures in China, India, across Europe and the American midwest, the starving in the Horn of Africa because of climate-caused drought, the bleached and dying coral reefs of Australia, the rivers of meltwater gushing from the Greenland ice sheet, the melting permafrost of Siberia and Alaska: all bear witness that this is a climate emergency. So do we. Yet the anxiety we feel, the grief that is ours, pales in comparison to the ferocity of our resolve.

Rebecca Solnit is a Guardian US columnist

Terry Tempest Williams is a writer, naturalist, and activist

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Categories: Around The Web

Forestry-obsessed VCM market is missing the point, warns Africa’s largest project originator

Carbon Pulse - Thu, 2022-07-28 17:30
Investors are too focussed on nature-based carbon projects, particularly forestry, in Africa, the largest project originator on the continent warned after releasing interim results on Thursday.
Categories: Around The Web

Research warns against relying on blue carbon projects for carbon accounting

Carbon Pulse - Thu, 2022-07-28 17:28
A new study has cast fresh doubts on the reliability of blue carbon projects being able to predictably sequester large amounts of carbon, while stressing marine ecosystems need to be protected and restored as part of climate mitigation efforts.
Categories: Around The Web

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