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Russia’s war with Ukraine accelerating global climate emergency, report shows

The Guardian - Thu, 2024-06-13 14:00

Most comprehensive analysis ever of conflict-driven climate impacts shows emissions greater than those generated by 175 countries in a year

The climate cost of the first two years of Russia’s war on Ukraine was greater than the annual greenhouse gas emissions generated individually by 175 countries, exacerbating the global climate emergency in addition to the mounting death toll and widespread destruction, research reveals.

Russia’s invasion has generated at least 175m tonnes of carbon dioxide equivalent (tCO2e), amid a surge in emissions from direct warfare, landscape fires, rerouted flights, forced migration and leaks caused by military attacks on fossil fuel infrastructure – as well as the future carbon cost of reconstruction, according to the most comprehensive analysis ever of conflict-driven climate impacts.

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Australian govt publishes draft environmental plantings ACCU method

Carbon Pulse - Thu, 2024-06-13 13:34
The Australian government on Thursday released a draft methodology for environmental plantings (EP) for consultation, outlining proposed changes to the existing method, which is set to expire in September.
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South Korea, Kazakhstan sign Article 6 deal

Carbon Pulse - Thu, 2024-06-13 13:08
South Korea and Kazakhstan have decided to work together on setting up projects for carbon credit generation under Article 6 of the Paris Agreement.
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DEBs-tagged G-CCOs trade at premium during CCA price plunge, ARB offset issuance up in June

Carbon Pulse - Thu, 2024-06-13 12:34
Golden CCOs (G-CCOs) with direct-environmental-benefits to the state (DEBs) have been selling at a premium to California Carbon Allowances (CCAs) due to the recent price rout in the joint California-Quebec carbon market, while regulator ARB's compliance-grade offset issuance increased in June compared to the prior two-week period.
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Top 20 fossil fuel countries need to ramp up transition in next Paris pledges -report

Carbon Pulse - Thu, 2024-06-13 10:01
A third of the world's 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
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Known unknowns: controversy over CSIRO’s electricity report reveals an uncomfortable truth

The Conversation - Thu, 2024-06-13 09:45
Costing new sources of electricity sounds simple. But it’s enormously complicated – and CSIRO’s GenCost report promises certainty it cannot deliver Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University Licensed as Creative Commons – attribution, no derivatives.
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BRIEFING: The UK’s implicit carbon price for utility companies to lapse, no substitute in sight

Carbon Pulse - Thu, 2024-06-13 08:23
A longstanding UK consumer support scheme for low-income or fuel-poor households that requires energy providers to make payments toward household decarbonisation will expire in 2026, with no substitute in sight and political support unclear ahead of the general election. 
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Russia faces $32 bln in ‘conflict carbon’ reparations from Ukraine war

Carbon Pulse - Thu, 2024-06-13 08:01
A surge in "conflict carbon" from Russia's invasion of Ukraine – from burning forests, blown up oil and gas structures, infrastructure built to fortify the front lines, and more – could cost Russia billions of dollars in additional reparations, according to research published on Thursday and backed by the Ukrainian environment ministry.
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Global demand for oil could peak soon – NZ’s plan to revive offshore exploration doesn’t add up

The Conversation - Thu, 2024-06-13 08:00
Even the big oil companies are predicting global demand will decline within decades. With investment in oil exploration projected to decline too, New Zealand should be putting its energy elsewhere. Jen Purdie, Senior Research Fellow, Centre for Sustainability, University of Otago Licensed as Creative Commons – attribution, no derivatives.
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ANALYSIS: Elephants in the room: Diplomats open door for compromise in “constructive” Article 6 Bonn talks, but leave major hurdles for Baku

Carbon Pulse - Thu, 2024-06-13 07:35
Negotiators in Bonn have left all the remaining major topics on Article 6 still open for November's COP29 in Baku, with a heavily bracketed text on international trade rules leaving some sceptical that any progress was made at the inter-sessional event.
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Oil major, fusion developer team up to power direct air capture facilities

Carbon Pulse - Thu, 2024-06-13 06:51
Oxy Low Carbon Ventures, a subsidiary of oil major Occidental (Oxy), and fusion energy developer TAE Technologies announced Tuesday they will partner on the development of technology to provide emissions-free power and heat to direct air capture (DAC) facilities.
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FASB proposes unified model for environmental credit accounting by US companies

Carbon Pulse - Thu, 2024-06-13 06:36
The Financial Accounting Standards Board (FASB) on Wednesday unanimously voted to standardise how US companies account for environmental credits including carbon offsets.
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CF NORTH AMERICA: Companies may opt out of SBTi pending outcome of Scope 3 emissions policy

Carbon Pulse - Thu, 2024-06-13 06:22
Companies' desire to be “quick and flexible” in meeting net zero targets may opt out of the Science-Based Targets initiative (SBTi), following recent internal controversy regarding the eligibility of voluntary carbon credits in offset of Scope 3 emissions under SBTi targets, conference attendees heard Wednesday.
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How a little brown bird could sound the alarm on lead poisoning in Australian children

The Conversation - Thu, 2024-06-13 06:11
Researchers found blood-lead levels in sparrows were a predictable indicator of blood-lead levels in children – showing how humans and nature are inextricably linked. Max M Gillings, PhD Candidate, School of Natural Sciences, Macquarie University Mark Patrick Taylor, Chief Environmental Scientist, EPA Victoria; Honorary Professor, School of Natural Sciences, Macquarie University Simon Griffith, Professor of Avian Behavioural Ecology, Macquarie University Licensed as Creative Commons – attribution, no derivatives.
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Study reveals varied drivers of carbon tax regressivity across Europe

Carbon Pulse - Thu, 2024-06-13 06:08
Carbon taxes are widely regarded as essential tools in the fight against climate change, but new research highlights significant differences in how they impact households across Europe, challenging the notion that they are uniformly regressive.
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Washington Q2 auction clears above floor, spec participation limited

Carbon Pulse - Thu, 2024-06-13 05:51
Washington's Q2 current vintage auction settled almost $6 above the scheme’s floor price, against most market expectations, with limited speculative participation amid uncertainty surrounding the future of the state’s carbon market.
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Alarming rise in US wildfire risk due to climate change, researchers warn

Carbon Pulse - Thu, 2024-06-13 05:29
Climate change is increasing the risk of wildfire across the US, a new study shows, with extreme conditions once considered rare now occurring with disturbing frequency.
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