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Natural capital fund launches with eyes on Article 6 market

Carbon Pulse - Tue, 2024-04-23 20:01
A Singapore-based environmental venture and a global natural capital firm have partnered to launch a new fund tied to Article 6 deals with governments, the two announced Tuesday.
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World must come together to tackle plastic pollution, says chair of UN talks

The Guardian - Tue, 2024-04-23 19:34

Ecuadorian ambassador to the UK is hopeful impasse can be overcome at treaty negotiations in Ottawa

As UN talks begin to agree the first global treaty to reduce soaring plastic waste, the chair of the meetings has said he is confident countries will come together to secure an agreement.

Luis Vayas Valdivieso, the Ecuadorian ambassador to the UK, admitted it would be a challenge to overcome an impasse that has emerged between countries which produce plastic and others that have ambitions to tackle plastic pollution over its whole life. But Valdivieso, who will chair the UN intergovernmental negotiations on a future international legally binding instrument on plastic pollution in Ottawa, Canada, this week, said: “We have to face those challenges and work with them. Compromise is an important word that we need to take into account.

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Sunak’s weakening of climate targets ‘retrograde’, says former Tory minister

The Guardian - Tue, 2024-04-23 19:29

Claire O’Neill, a former climate minister, says PM’s move was to ‘try and create political division and dividing lines’

The UK government’s decision to weaken some of its climate commitments was a “retrograde step” that will set back vital cross-party action to cut carbon emissions, Claire O’Neill, a former Conservative climate minister, has said.

O’Neill, who was known as Claire Perry when she served as a minister under David Cameron and Theresa May, said the rolling back of emission reduction efforts by Rishi Sunak appeared to be a ploy for political advantage.

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Academics warn of “paradox” of combining climate, industrial policies driven by populism

Carbon Pulse - Tue, 2024-04-23 19:00
Industrial policy combined with climate goals can help to advance climate action, but it can also lead to protectionism and barriers that hinder clean technology progress, wrote climate and energy academics in a paper on Tuesday.
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Australia environmental offset audit an ‘important exercise’, webinar hears, though govt refuses to release full findings

Carbon Pulse - Tue, 2024-04-23 17:54
The Australian government learned important lessons from its environmental offset audit process, officials told a webinar last week, but is refusing to publicly release the full report on its findings.
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Indian carbon credits not just for domestic use, will be allowed to be traded internationally -official

Carbon Pulse - Tue, 2024-04-23 17:48
India will allow foreign buyers to purchase carbon credits generated in the country, the administrator of the national market told a webinar this week, seeking to clarify the government's policy after market participants had expressed confusion about the eligibility of selling units abroad.
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Australian companies sign up to Qantas SAF programme

Carbon Pulse - Tue, 2024-04-23 16:23
Multiple Australian companies have joined Qantas’ Sustainable Aviation Fuel (SAF) Coalition, opting to contribute to the cost of SAF rather than relying on carbon offsets, the airline said Tuesday.
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Electric and hybrid car sales to rise to new global record in 2024

The Guardian - Tue, 2024-04-23 15:00

International Energy Agency says 17m vehicles will be sold this year, up more than 20% compared with 2023

Electric and plug-in hybrid car sales will jump to a new global record in 2024 despite slowing growth in some markets, according to forecasts from the influential International Energy Agency (IEA).

The Paris-based forecaster said that 17m battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up more than 20% compared with 2023.

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Handbag designer jailed for wildlife smuggling

BBC - Tue, 2024-04-23 11:43
Nancy Gonzalez recruited relatives to smuggle purses made of illicit python and caiman into the US.
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Vastly bigger than the Black Summer: 84 million hectares of northern Australia burned in 2023

The Conversation - Tue, 2024-04-23 11:11
The 2023 megafires burnt more than 84 million hectares of desert and savannah in northern Australia. That’s larger than the whole of NSW, or more than three times size of the UK. Rohan Fisher, Information Technology for Development Researcher, Charles Darwin University Licensed as Creative Commons – attribution, no derivatives.
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Father begins legal fight against BP for dead son

BBC - Tue, 2024-04-23 10:35
Hussein Julood says the burning of gas at a BP-run oil field in Iraq caused his son's leukaemia.
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California carbon offset greenwashing bill swiftly heads to final Senate committee vote

Carbon Pulse - Tue, 2024-04-23 10:28
A Senate bill eyeing more stringent oversight over the purchase and sale of carbon offsets received no public testimony during its third Senate committee hearing on Monday, and now awaits a vote by committee members on whether it will advance to the Senate floor.
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California diesel sales clock record January level since 2008, gasoline continues to decline

Carbon Pulse - Tue, 2024-04-23 09:09
California diesel sales in January rose to their highest volumes for that month since 2008, while gasoline sales and emissions decreased year-on-year from 2023, according to state data released Monday.
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Opposition persists as US CO2 pipeline developer reattempts to secure permit

Carbon Pulse - Tue, 2024-04-23 08:48
Representatives of CO2 pipeline developer Summit Carbon Solutions (SCS) testified before the North Dakota Public Service Commission (PSC) on Monday as the company once again attempts to secure a permit for pipeline construction in the state.
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