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UK institutional investors most advanced in the world on climate action -report

Carbon Pulse - Wed, 2023-05-24 07:30
UK financial institutions are ahead of their counterparts worldwide in setting defined climate goals and implementing climate action, according to a report due to be launched on Wednesday.
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RGGI emitters’ permit shortages shrink further in Q1

Carbon Pulse - Wed, 2023-05-24 06:58
Compliance entities regulated under the power sector RGGI programme grew closer to filling their compliance shortfall during Q1 as their allowance holdings nearly matched outstanding CO2 obligations, according to a report published Tuesday.
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Brazil swapping Bolsonaro’s bottom-up climate decree for new carbon market approach -report

Carbon Pulse - Wed, 2023-05-24 06:47
The first shift in Brazilian carbon market regulation under President Luiz Inacio Lula da Silva has begun after local media reported of an impending scrap of last May's presidential decree from right-wing predecessor Jair Bolsonaro, while a Senate committee has scheduled a hearing on a related bill this week that could draw executive branch backing.
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Coffee, brought to you by bees: a case study in how restoring habitat is a win-win for forests and farmers

The Conversation - Wed, 2023-05-24 06:11
The optimal trade-off between restoring habitat and crop production hinges on pollinators. A new study shows giving pollinators more natural habitat on the farm leads to big increases in production. Sofía López-Cubillos, Postdoctoral research fellow, The University of Melbourne Rebecca K. Runting, Senior Lecturer in Spatial Sciences and ARC DECRA Fellow, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.
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Industry urges more EU funding to cover entire CCUS value chain

Carbon Pulse - Wed, 2023-05-24 05:42
Still more public funding is needed to scale up manufacturing of clean technologies in the EU, industry experts told EU lawmakers on Tuesday, stressing that the entire CCUS sector should also be elevated to 'strategic technology' status in the bloc's proposed Net Zero Industry Act.
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Global energy company signs MoU with Vietnam on agri-feedstock and carbon credits

Carbon Pulse - Wed, 2023-05-24 05:00
A global energy company on Tuesday signed an MoU on with the Vietnam Ministry of Agriculture and Rural Development (MARD), aiming to cooperate on agri-feedstock and nature-based carbon credits.
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NZ’s gas problem: phasing out natural gas in homes demands affordable alternatives first

The Conversation - Wed, 2023-05-24 04:54
Domestic use of natural gas is a minimal contributor to overall greenhouse emissions. There should be no rush to ban it before better, cheaper options are in place. John Tookey, Professor of Construction Management, Auckland University of Technology Licensed as Creative Commons – attribution, no derivatives.
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Virginia board to vote next month on finalising RGGI regulation repeal

Carbon Pulse - Wed, 2023-05-24 04:24
A Virginia regulatory board next month will vote to approve final amendments rescinding the state’s RGGI-linked cap-and-trade regulation, according to a government notice published Monday, setting the state for potential litigation once the contested move takes effect.
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Large-scale biofuel CCUS project to apply for removals certification

Carbon Pulse - Wed, 2023-05-24 03:51
A large-scale biofuel carbon capture and underground storage (CCUS) project in the US that plans to sequester up to 15 mln tonnes of CO2 a year intends to be certified by Finnish standards body, it was announced Tuesday.
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Recycling can release huge quantities of microplastics, study finds

The Guardian - Wed, 2023-05-24 03:25

Scientists find high levels of microplastics in wastewater from unnamed UK plant – and in air surrounding facility

Recycling has been promoted by the plastics industry as a key solution to the growing problem of plastic waste. But a study has found recycling itself could be releasing huge quantities of microplastics.

An international team of scientists sampled wastewater from a state-of-the-art recycling plant at an undisclosed location in the UK. They found that the microplastics released in the water amounted to 13% of the plastic processed.

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Shaky legal status of voluntary carbon credits creates minefield in cases of insolvency

Carbon Pulse - Wed, 2023-05-24 02:42
Uncertainty over the legal status of voluntary carbon credits has created a minefield for companies dealing with the insolvency of a counterparty, particularly when an intermediary is involved, a conference heard Tuesday.
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Researchers warn buyers to stay away from new Alaska carbon offset programme

Carbon Pulse - Wed, 2023-05-24 01:58
Voluntary carbon credit buyers should shun forest-based offsets generated through Alaska’s forthcoming state-run programme due to additionally concerns, a research group has warned.
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Vinegar could be secret ingredient in climate fight, study finds

Carbon Pulse - Wed, 2023-05-24 01:52
Household vinegar – the stuff you put on your fish and chips – could be a secret ingredient in the fight against climate change, researchers have discovered.
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Small group of corporates account for 60% of global industrial emissions -report

Carbon Pulse - Wed, 2023-05-24 01:08
A group of around 150 large companies account for the majority of the world's industrial emissions, of which the overwhelming majority are across their supply chains, a report has found.
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CEO of biggest carbon credit certifier to resign after claims offsets worthless

The Guardian - Tue, 2023-05-23 23:58

David Antonioli to step down from Verra, which was accused of approving millions of worthless offsets used by major companies

The head of the world’s leading carbon credit certifier has announced he will step down as CEO next month.

It comes amid concerns that Verra, a Washington-based nonprofit, approved tens of millions of worthless offsets that are used by major companies for climate and biodiversity commitments, according to a joint Guardian investigation earlier this year.

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RWE announces three new projects as UK continues to scale CCS

Carbon Pulse - Tue, 2023-05-23 23:10
RWE announced on Tuesday plans to build a new gas plant and progress on three new carbon capture and storage (CCS) projects in the UK which could capture 11 million tonnes of CO2 per year, as the country continues to scale plans for the technology as part of its net-zero targets.
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JPMorgan Chase unveils deals for 800k tonnes in carbon removal purchases

Carbon Pulse - Tue, 2023-05-23 23:07
JPMorgan Chase has signalled one of the world’s biggest corporate commitments to purchasing durable carbon removals by agreeing several long-term deals to buy a total 800,000 tonnes from several startups, the US-headquartered bank announced Tuesday.
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Bureau Veritas, Engie partner to help maritime sector comply with evolving emissions reduction mandates

Carbon Pulse - Tue, 2023-05-23 22:50
Certification firm Bureau Veritas and energy company Engie have partnered to help the maritime sector comply with evolving carbon emissions reduction mandates.
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European soil carbon firm partners with Romanian farm machinery supplier for voluntary crediting push

Carbon Pulse - Tue, 2023-05-23 22:07
A European soil carbon project developer has agreed a strategic partnership with a Romanian agricultural machinery provider to help it boost emissions reduction activities in the country.
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Climate activists disrupt Europe’s biggest private jet fair

The Guardian - Tue, 2023-05-23 21:54

Protesters from Greenpeace, Stay Grounded, Extinction Rebellion and others chain themselves to aircraft in Geneva

Dozens of climate activists have disrupted Europe’s largest private jet trade fair by chaining themselves to aircraft to protest against the sector’s carbon emissions.

The demonstrators on behalf of Greenpeace, Stay Grounded, Extinction Rebellion and Scientist Rebellion also attached themselves to the entrance gates of the event at Geneva airport in the hope of preventing prospective buyers from entering the annual show.

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