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Brussels-based NGO questions net zero offsetting portfolio strategy

Carbon Pulse - Thu, 2022-07-07 08:24
A European NGO has warned against the pitfalls of net zero portfolio pledges, offering recommendations for financial and non-financial segments to achieve carbon neutrality in the real economy in a scathing report.
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Blackstone takes $400 mln stake in ESG commodities firm Xpansiv

Carbon Pulse - Thu, 2022-07-07 08:15
Private equity firm Blackstone is investing $400 million through its Energy Partners arm into carbon commodities platform Xpansiv, the companies announced Wednesday. 
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Canadian registry project gets low grading in ratings firm’s latest

Carbon Pulse - Thu, 2022-07-07 07:54
A Canadian waste management project developed with Bluesource was given a low grading by an offset ratings firm this week, with three other activities also awarded ratings for the first time. 
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Māori hold a third of NZ’s fishing interests, but as the ocean warms and fish migrate, these rights don't move with them

The Conversation - Thu, 2022-07-07 07:26
For many Māori, fisheries are the most significant assets. Any geographical shift in fish stocks will have major implications for their commercial seafood interests. Maui Hudson, Associate Professor, Director of Te Kotahi Research Institute, University of Waikato Licensed as Creative Commons – attribution, no derivatives.
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Firms strike blue hydrogen partnership to bolster UK CCS project

Carbon Pulse - Thu, 2022-07-07 07:16
Chemicals firm Air Products has signed a deal with Vitol’s UK power generator VPI to develop the ‘H3’ Humber Hydrogen Hub, an 800 MW blue hydrogen production facility in Immingham.
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Pennsylvania activates 61 RGGI compliance accounts following programme linkage

Carbon Pulse - Thu, 2022-07-07 07:10
Pennsylvania opened RGGI compliance accounts for regulated parties on Wednesday as the state entered the regional power sector cap-and-trade programme on July 1, according to CO2 Allowance Tracking System (COATS) data.
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COMMENT: ART board statement regarding the integrity of HFLD credits

Carbon Pulse - Thu, 2022-07-07 06:16
The risks of non-additionality of conservatively-issued High Forest, Low Deforestation carbon credits pale in comparison to the risks of losing the world’s remaining expanses of intact forests, argues the board of ART TREES crediting programme in response to recent views that such credits should not be allowed for use to offset emissions by airlines under CORSIA because they are not additional.
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Australia's finally acknowledged climate change is a national security threat. Here are 5 mistakes to avoid

The Conversation - Thu, 2022-07-07 05:55
A government review, now in train, is crucial in preparing Australia for the climate dangers ahead. But we must get it right. Robert Glasser, Honorary Professor, Institute for Climate, Energy & Disaster Solutions, Australian National University Licensed as Creative Commons – attribution, no derivatives.
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KLM’s climate campaign lawsuit could have broader implication on sectoral offsetting

Carbon Pulse - Thu, 2022-07-07 04:39
A lawsuit filed Wednesday by environmental groups against the Dutch subsidiary of Air France KLM over its ‘Fly Responsibly’ advertisement campaign could prove pertinent to other airlines' plans to offset emissions, or even to the sector's ambitions under the UN’s CORSIA offsetting scheme.
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Scientists puzzled by toads squatting in dormouse nests high in trees

The Guardian - Thu, 2022-07-07 04:00

University of Cambridge researchers find amphibians dwelling as high as 3 metres above ground

Scientists hunting for dormice have been surprised to find toads sleeping in their nest boxes, high up in the trees.

A study has for the first time revealed the frequency with which the common toad nests and breeds in the trees.

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Brussels launches call for experts to advise on EU carbon removals policy

Carbon Pulse - Thu, 2022-07-07 03:20
The European Commission has launched a call for experts in carbon removals to form part of an expert group to advise on policy initiatives and legislation concerning both nature-based and industrial removals.
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UK keeps mum on coal phase-out in UK energy security bill

Carbon Pulse - Thu, 2022-07-07 03:17
The UK's energy security bill published Wednesday did not mention the country's 2024 coal phaseout date, despite the government in 2021 pledging to close all of its assets over the next two years.
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ANALYSIS: Fundamentals favour coal to drive EU power sector emissions above pre-pandemic levels

Carbon Pulse - Thu, 2022-07-07 02:57
Attractive margins, tight hydro supply, and weak nuclear output, sent European coal generation soaring over H1 2022, driving EU ETS power sector emissions 7% higher year-on-year, with analysts expecting full-year totals to surpass pre-pandemic levels as fundamentals favour burning the black stuff.
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ClearBlue Markets’ nature-based solutions director leaves role

Carbon Pulse - Thu, 2022-07-07 01:50
The director of nature-based solutions at Toronto-based carbon consultancy ClearBlue Markets is leaving after nine months on the job.
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AirCarbon Exchange to host VER auction for Brazilian project

Carbon Pulse - Thu, 2022-07-07 01:27
Exchange operator AirCarbon (ACX) on Wednesday announced plans to host an auction for its first VER issuance of a Brazil landfill VCM project.
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New voluntary offset contract offered to retail customers in bid for wider take-up

Carbon Pulse - Thu, 2022-07-07 00:18
The GER standardised voluntary carbon contract is being offered to individuals in smaller clips and initially at cost, its backers said on Wednesday, three weeks after launching to corporate buyers.
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North Wales’ ancient felled Pontfadog oak returns in five cloned saplings

The Guardian - Wed, 2022-07-06 23:36

A 2013 storm toppled the tree that had stood in the Ceiriog valley for 1,200 years – but now it lives on


On a stormy night in April 2013, a resounding crack echoed around a valley in north-east Wales and when day broke a melancholy sight met the eyes of villagers.

The mighty Pontfadog oak, a glorious tree that had stood sentinel over the Ceiriog valley for 1,200 years, had been toppled, and a heap of broken branches, decayed wood, lichens and fungi lying among the spring flowers.

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‘Putin rubbing hands with glee’ after EU votes to class gas and nuclear as green

The Guardian - Wed, 2022-07-06 22:31

Parliament backs plan to classify some projects as clean power investments

The European parliament has backed plans to label gas and nuclear energy as “green”, rejecting appeals from Ukraine and climate activists that the proposals are a gift to Vladimir Putin.

One senior MEP said the vote was a “dark day for the climate”, while experts said the EU had set a dangerous precedent for countries to follow.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2022-07-06 21:47
EUAs extended their recent losses after an early rally in Wednesday morning trading, as participation in the market continued to dwindle into the summer holiday season, while energy markets ended their recent rally as the outlook for gas supply improved after a Norwegian labour strike was ended.
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EU Parliament endorses plans to label gas and nuclear as green activities

Carbon Pulse - Wed, 2022-07-06 20:46
The European Parliament endorsed on Wednesday controversial EU plans to label some nuclear and natural gas plants as climate-friendly investments.
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