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COP29: Roundup for Day 12 – Nov. 22

Carbon Pulse - Fri, 2024-11-22 16:03
It is Day 12 at COP29 in Baku - the final scheduled day in Baku. New texts on climate finance and Article 6, as well as other streams, are expected to drop from midday, though the state of play on the NCQG is that the goal appears to be in disarray. This in turn is threatening a previously-expected deal on carbon markets. Buckle up! In our daily running blog, Carbon Pulse will report relevant or useful updates throughout the day. Timestamps are in local time (GMT+4).
Categories: Around The Web

WCI Markets: CCA futures, options trade explodes to multi-year records around Q4 auction

Carbon Pulse - Fri, 2024-11-22 12:18
California Carbon Allowances (CCA) futures and options activity on ICE ramped to record levels into the last quarterly permit sale of 2024 earlier this week, with sentiment recast lower after ARB delayed cap-and-trade updates to the new year, while lack of liquidity clouds hints of momentum in Washington Carbon Allowances (WCA).
Categories: Around The Web

Hybrid CDR technologies are key to US decarbonisation -report

Carbon Pulse - Fri, 2024-11-22 12:17
Carbon dioxide removal (CDR) technologies that enhance nature-based CO2 absorption should be harnessed to unlock cheaper decarbonisation pathways in the US, a new report said.
Categories: Around The Web

Carbon credit financier names commodities trading “expert”, activist investor as new CEO

Carbon Pulse - Fri, 2024-11-22 11:43
A Toronto-based carbon credit project financier has named a commodities trading “expert” and activist investor as its new CEO.
Categories: Around The Web

Now is the time to unplug and reset. Next year we enter a more dangerous world – but for now I need the silence of nature | Paul Daley

The Guardian - Fri, 2024-11-22 08:46

The return of Trump demands extreme watchfulness. But effective vigilance also requires energy and strength, mental and emotional recharge and balance

A long walk in the mountains last weekend brought sudden perspective to just how heavily the shoutiness and anger was weighing.

Suddenly there was only birdsong, the rustling tree canopies, the gentle burbling of the Snowy River and the wind whispering through the trunks of ancient ghost gums. This was anything but a quiet quietness. But it was the sound of a serenity that only nature can gift – a noise of extreme unplugged-ness if you like.

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Categories: Around The Web

US bipartisan senate bill seeks to scale CDR through tax credits

Carbon Pulse - Fri, 2024-11-22 08:37
A bipartisan US senate bill introduced on Thursday would establish a new tax credit to support the CO2 removal (CDR) industry beyond applications of the existing 45Q tax credit.
Categories: Around The Web

Oregon EQC unanimously votes to restore state’s GHG reduction scheme

Carbon Pulse - Fri, 2024-11-22 07:00
Oregon’s Environmental Quality Commission (EQC) on Thursday unanimously approved the proposed Climate Protection Program (CPP), effectively reinstating the GHG reduction scheme after it was invalidated last year.
Categories: Around The Web

‘Real change’ in UK energy policy under new Labour government, says renewables advocacy group

Carbon Pulse - Fri, 2024-11-22 06:54
There has been a “real change” in UK energy policy under the new Labour government, the director of a UK renewables advocacy told an industry conference on Monday.
Categories: Around The Web

Humans are killing off the old and wise animals that hold nature together. Here’s what must change

The Conversation - Fri, 2024-11-22 05:07
Like big, tall trees in old-growth forests, older animals are irreplaceable. Pulling them out leaves the ecosystem less resilient to future shocks. It’s time for ‘longevity conservation’ measures. Keller Kopf, Senior Lecturer in Ecology, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

A man scouring Google Earth found a mysterious scar in the Australian outback – and now scientists know what caused it

The Conversation - Fri, 2024-11-22 05:06
An 11-kilometre long tornado scar was discovered on the Nullarbor Plain. Without the power of technology, it would have gone unnoticed. Matej Lipar, Adjunct Research Fellow, School of Earth and Planetary Sciences, Curtin University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Poor nations may have to downgrade climate cash demands, ex-UN envoy says

The Guardian - Fri, 2024-11-22 05:04

Rich country budgets are stretched amid inflation, Covid and Ukraine war, Mary Robinson tells Cop29

Poor countries may have to compromise on demands for cash to tackle global heating, a former UN climate envoy has said, as UN talks entered their final hours in deadlock.

In comments that are likely to disappoint poorer countries at the Cop29 summit, Mary Robinson, the former president of Ireland and twice a UN climate envoy, said rich country budgets were stretched amid inflation, Covid and conflicts including Russia’s war in Ukraine.

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Reduce whale-ship strikes by making 2.6% of ocean surface safer, study says

The Guardian - Fri, 2024-11-22 05:00

Researchers identify collision hotspots around world but reveal almost all these lack preventive measures

Collisions between whales and ships can prove fatal for the marine mammals, but researchers say expanding mitigation measures to just 2.6% of the ocean’s surface would reduce the chance of such strikes in all risk hotspots.

While experts say many whale-ship collisions go unobserved and unreported, making it difficult to put a figure on the scale of the problem, some estimates suggest tens of thousands of the animals are killed each year.

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Categories: Around The Web

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