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‘Washout winter’ spells price rises for UK shoppers with key crops down by a fifth

The Guardian - Mon, 2024-04-29 14:00

Analysts say impact on wheat, barley, oats and oilseed rape harvests means price rises on beer, bread and biscuits and more food imported

UK harvests of important crops could be down by nearly a fifth this year due to the unprecedented wet weather farmers have faced, increasing the likelihood that the prices of bread, beer and biscuits will rise.

Analysis by the Energy and Climate Intelligence Unit (ECIU) has estimated that the amount of wheat, barley, oats and oilseed rape could drop by 4m tonnes this year, a reduction of 17.5% compared with 2023.

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California bill to develop ocean CDR unanimously advances in state assembly

Carbon Pulse - Mon, 2024-04-29 10:19
A committee within the California Assembly unanimously approved last week a bill to assess and advance the use of ocean CO2 removal (CDR), including by qualifying approved projects for inclusion in the state's carbon credit programmes.
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Taxing big fossil fuel firms ‘could raise $900bn in climate finance by 2030’

The Guardian - Mon, 2024-04-29 09:01

Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report

A new tax on fossil fuel companies based in the world’s richest countries could raise hundreds of billions of dollars to help the most vulnerable nations cope with the escalating climate crisis, according to a report.

The Climate Damages Tax report, published on Monday, calculates that an additional tax on fossil fuel majors based in the wealthiest Organisation for Economic Co-operation and Development (OECD) countries could raise $720bn (£580bn) by the end of the decade.

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Green steel growth slows in Europe amid de-industrialisation concerns, data shows

Carbon Pulse - Mon, 2024-04-29 08:01
The pipeline of green steel projects has slowed in recent months in Europe, according to new data released in the green steel tracker produced by the Leadership Group for Industry Transition (LeadIT).
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Chemicals, forever: how do you fix a problem like PFAS?

The Conversation - Mon, 2024-04-29 06:02
In Australia, the taxpayer has footed the bill for the forever chemical clean-up so far. But this will have to change. Sarah Wilson, PhD Candidate in Quantum Technology & Innovation Governance, Institue for Sustainable Futures, University of Technology Sydney Rachael Wakefield-Rann, Senior Research Consultant, Institute for Sustainable Futures, University of Technology Sydney Licensed as Creative Commons – attribution, no derivatives.
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Over-allocated California-Quebec carbon markets to miss 2030 emissions targets -study

Carbon Pulse - Sat, 2024-04-27 11:55
The joint WCI carbon market’s generous allowance budgets are likely to be ineffective in reaching the jurisdictions’ CO2 reduction targets for 2030, academic researchers warn, instead recommending large cap adjustments or widened scopes while likening the cap-and-trade system to an overly complicated carbon tax.
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INTERVIEW: Battling to stay afloat, Rimba Raya slashes headcount while warning credit issuance could more than halve

Carbon Pulse - Sat, 2024-04-27 11:23
Rimba Raya is struggling to keep afloat after the concession holder of the popular Indonesian REDD+ project drastically cut staff numbers and warned there could be a sharp drop in voluntary carbon credit issuance, possibly impacting historical supplies, after it adopts Verra’s new consolidated methodology for avoided deforestation.
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Why Antarctic wildlife is being ‘sunburnt’

BBC - Sat, 2024-04-27 09:12
A wildfire-fuelled ozone hole leaves Antarctic wildlife exposed to potentially damaging levels of UV.
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Compliance builds long-dated CCA holdings, speculators de-risk across rest of North American carbon markets

Carbon Pulse - Sat, 2024-04-27 08:40
Speculators continued to de-risk across North American carbon markets, while WCI compliance entities built vintage 2025 holdings this week, according to data from the US Commodity Futures Trading Commissions (CFTC) released Friday.
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US-based paint producer announces subsidiary to establish carbon capture facility

Carbon Pulse - Sat, 2024-04-27 08:15
A Florida-headquartered paint producer this week unveiled a subsidiary with plans to build a facility in Arizona that will use captured CO2 to manufacture concrete products.
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LATAM Roundup: Latin America’s compliance carbon systems integrate with voluntary market, pursue growth

Carbon Pulse - Sat, 2024-04-27 07:01
Carbon Pulse rounds up recent developments in compliance carbon systems within the Latin America and Caribbean region, taking a look at Brazil's stabilising market for emissions reductions credits from biofuels after a year of rising prices, and summarising the carbon tax regimes that accept offsets.
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US energy-related CO2 emissions reductions decline 2.7% in 2023, driven by power sector

Carbon Pulse - Sat, 2024-04-27 05:39
US energy-related CO2 emissions decreased slightly year-on-year in 2023, largely due to reduced coal-fired electricity generation as natural gas and solar power generation increased, according to federal data.
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Second tranche takes Canadian asset manager’s forest fund to $335 mln

Carbon Pulse - Sat, 2024-04-27 05:12
A major Canadian global asset manager announced on Friday the second close of its forest fund, investing in sustainably managed forests where carbon sequestration is prioritised over timber production.
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Soil management firms to facilitate carbon credit generation for Texas landowners

Carbon Pulse - Sat, 2024-04-27 05:06
Two Texas-based soil management companies are collaborating with the state’s property owners association to engage landowners in nature-based carbon capture initiatives and credit generation.
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Orca calf successfully returned to open water after bold rescue in Canada

The Guardian - Sat, 2024-04-27 04:06

Two-year-old calf one step closer to reuniting with family group after tragic accident that left her stranded in remote lagoon

An orca calf, trapped for weeks in a remote lagoon in western Canada, has freed herself and is travelling towards open waters, hailed as “incredible news” by a growing body of human supporters.

The move puts her one step closer to reuniting with her family one month after a tragic accident left her stranded.

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