Around The Web

Rebalancing, contract rolls frame weekly changes in CCA, RGGI holdings

Carbon Pulse - Sat, 2022-12-10 09:08
Compliance entities and financials reduced their California Carbon Allowances (CCAs) over annual contract rolling and rebalancing activity, while RGGI Allowances (RGAs) were picked up by regulated entities ahead of the last allowance sale for the year, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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California industrial carbon allowance allocations tick up for 2023

Carbon Pulse - Sat, 2022-12-10 08:33
California free carbon permit distributions to industrials increased slightly for 2023 as economic sectors likely saw their production bounce back after the earlier stages of the COVID-19 pandemic, according to data from state regulator ARB published on Friday.
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Gold Standard cites “unjustifiable” UK offsetting claims for new coal mine

Carbon Pulse - Sat, 2022-12-10 06:35
Gold Standard has dismissed the UK government’s statement that the standard body’s carbon credits could be used to mitigate a controversial new coal mine in the UK, branding the offsetting justification as “nonsense” and against its guidance.
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COMMENT: Sweep’s climate tech & business predictions for 2023

Carbon Pulse - Sat, 2022-12-10 05:08
2023 is shaping up to be a year filled with climate action from businesses, as new regulations come into place and carbon data becomes key to meeting reduction targets. Rachel Delacour, CEO of Sweep, Europe’s leading carbon management and reduction platform, shares her insights to help businesses get ahead of the curve. 
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Senior Program Officer, Carbon, GGGI – Vientiane

Carbon Pulse - Sat, 2022-12-10 04:58
The Senior Program Officer, Carbon will be the recognized focal point for the project in Lao PDR and will have overall responsibility for timely and high-quality project delivery. The position-holder will provide day-to-day technical and strategic guidance and management, as well as liaise externally to ensure impactful delivery of the project and its outputs.
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French bank launches exchange-traded commodity contract to track EU carbon

Carbon Pulse - Sat, 2022-12-10 04:19
A French investment bank this week launched an exchange-traded commodity (ETC) contract in Europe that tracks EU carbon prices.
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Canada meets pledge to end international fossil fuel subsidies

Carbon Pulse - Sat, 2022-12-10 04:17
The Canadian government confirmed on Thursday that it would end new direct public support for the international fossil fuels energy sector by the end of 2022, in keeping with a pledge made at COP26 last year.
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Euro Markets: EUAs slip but still notch 3.1% weekly gain despite ‘fragility’

Carbon Pulse - Sat, 2022-12-10 03:50
EUA prices dipped on Friday but still managed a weekly gain, as a supportive energy complex and options-related positioning eclipsed warnings that the recent rally to a three-month high is overdone.
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EU approves funding for cross-border energy infrastructure, including CCS

Carbon Pulse - Sat, 2022-12-10 03:29
Eight projects for energy infrastructure across Belgium, Croatia, France, Ireland, Italy, Austria, Poland, Romania, Slovenia, and Tunisia are set to receive a total of €602 million from the Connecting Europe Facility after gaining approval from Brussels on Friday.
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UPDATE – RGGI Q4 auction clears at lowest level since last September  

Carbon Pulse - Sat, 2022-12-10 02:36
RGGI's Q4 auction this week cleared at the lowest level in over a year amid weaker demand from compliance entities, according to results published Friday.
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Marine life hit by ‘perfect storm’ as red list reveals species close to extinction

The Guardian - Sat, 2022-12-10 01:34

Unsustainable human activity putting dugongs, abalone shellfish and pillar coral at risk of disappearing, says latest IUCN update

Illegal and unsustainable fishing, fossil fuel exploration, the climate crisis and disease are pushing marine species to the brink of extinction, according to the International Union for Conservation of Nature (IUCN) red list, with populations of dugongs, abalone shellfish and pillar coral at risk of disappearing for ever.

Marine life is facing a “perfect storm” of human overconsumption, threatening the survival of some of the world’s most expensive seafood, according to the conservation organisation, which publishes the most up-to-date information on the health of wildlife populations on Earth.

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Biodiversity: 'Magical marine species' pushed toward extinction

BBC - Sat, 2022-12-10 01:00
A new extinction list reveals grave conservation concern for a 'sea cow' that inspired tales of mermaids.
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Government to weaken water pollution goals in ‘attack on nature’

The Guardian - Sat, 2022-12-10 00:11

Exclusive: Despite demands from water campaigners, there will be no overall target for river health

Water pollution goals are to be weakened by the government next week, the Guardian can reveal, as Environment Act targets will give farmers three extra years to reduce their waste dumping into waterways.

River campaigners have said the news is proof the government has not dropped its “attack on nature”.

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Lizard Downs in Cornwall protected for public use after 140 years

The Guardian - Sat, 2022-12-10 00:10

Open Spaces Society secures re-registration of 116 hectares of ‘splendid’ moorland’ for common use

More than 100 hectares of some of the most stunning landscape in west Cornwall has finally been recognised as common land, protecting it for the public 140 years after it was threatened with enclosure.

Lizard Downs was authorised for enclosure – the act of taking ownership of common land – in 1880 but the proposed fencing off never happened.

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Chester zoo hails birth of rare Malayan tapir as ‘important moment’

The Guardian - Sat, 2022-12-10 00:05

Female calf named Nessa will help efforts to protect species, of which fewer than 2,500 remain in the wild

An endangered Malayan tapir has been born at a UK zoo, in what the zoo said was an “important moment” for conservation.

The female calf, which zookeepers have named Nessa, was born weighing 9kg on Wednesday at Chester zoo, one of only two places in the country to keep tapirs, a species related to the horse and the rhinoceros.

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Avian flu has led to the killing of 140m farmed birds since last October

The Guardian - Fri, 2022-12-09 23:54

Culls and compensation have cost hundreds of millions of pounds in the US, UK and Europe, with current outbreak predicted to worsen

More than 140 million birds have died and hundreds of millions of pounds have been spent in the past year in the US, UK and EU in tackling bird flu, as some experts said continual culling was “morally” wrong.

With an international agreement on the use of vaccinations likely to be one or two years away, the situation will probably worsen this winter as outbreaks of bird flu continue to rise.

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Ratings agency warns cookstove project has additionality risks

Carbon Pulse - Fri, 2022-12-09 22:52
A rating agency has warned a cookstove project in Nepal has a moderate chance of achieving CO2 avoidance or removal because of additionality risks, while placing another six projects on watch for a potential ratings change, including three REDD+ projects in Kenya.
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The US is a rogue state leading the world towards ecological collapse | George Monbiot

The Guardian - Fri, 2022-12-09 22:35

It’s not just indifference. It’s an active, and deadly, cavalier attitude towards the lives of others: an example other nations follow

There are two extraordinary facts about the convention on biological diversity, whose members are meeting in Montreal now to discuss the global ecological crisis. The first is that, of the world’s 198 states, 196 are party to it. The second is the identity of those that aren’t. Take a guess. North Korea? Russia? Wrong. Both ratified the convention years ago. One is the Holy See (the Vatican). The other is the United States of America.

This is one of several major international treaties the US has refused to ratify. Among the others are crucial instruments such as the Rome statute on international crimes, the treaties banning cluster bombs and landmines, the convention on discrimination against women, the Basel convention on hazardous waste, the convention on the law of the sea, the nuclear test ban treaty, the employment policy convention and the convention on the rights of persons with disabilities.

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UK farmers ripping up unaffordable orchards, NFU president says

The Guardian - Fri, 2022-12-09 22:17

Experts call for schemes to help fruit growers keep trees and preserve habitats vital for biodiversity

Farmers are ripping up orchards because they are unable to afford to keep them, the president of the National Farmers’ Union (NFU) has said, in a major blow for biodiversity.

The increasing cost of labour and spiralling energy costs have meant fruit growers are removing trees from their land, Minette Batters said.

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Global Canopy allies with family offices to pressure asset managers on deforestation

Carbon Pulse - Fri, 2022-12-09 21:10
UK-based non-profit Global Canopy has cooperated with a number of financial market participants to draw up guidelines for how global family offices can help put pressure on asset managers to rid their portfolios of activities that drive deforestation.
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