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COP27: South Korea, Gabon flag potential Article 6 partnership

Carbon Pulse - Wed, 2022-11-09 03:10
Gabon has flagged the potential for a partnership with South Korea, whereby the African nation would provide carbon credits that is said could be used under Article 6.2 of the Paris Agreement to help meet climate goals.  
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Once a comfort, rain is now ruining Australia's mood

BBC - Wed, 2022-11-09 02:50
Record rainfall in a country used to sun is making many people low and anxious.
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Warning of possible egg shortage as UK farmers struggle with avian flu

The Guardian - Wed, 2022-11-09 02:46

Reduced flock sizes and rising costs put pressure on supplies but retailers say they are working to minimise impact

British egg producers are warning of possible shortages, as farmers leave the industry or reduce the size of their flocks in the face of spiralling costs and uncertainty sparked by the spread of bird flu.

A third of farmers surveyed in recent days by the trade body the British Free Range Egg Producers Association (BFREPA) reported they had reduced the number of hens in their flock because egg prices meant they were unable to cover their costs.

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VCM originator strikes three-year forward deal to finance Africa’s largest e-bike programme

Carbon Pulse - Wed, 2022-11-09 02:26
A major carbon project originator as struck a three-year deal to supply a European origination firm with offsets resulting from the rollout of hundreds of thousands of electric motorbikes in Africa.
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Mexico will try to ‘deceive the world’ at Cop27, experts warn

The Guardian - Wed, 2022-11-09 02:22

President not expected to attend summit but critics cast doubt on veracity of pledges the country could make

Cop27 live – latest news updates

Mexico, one of the world’s biggest greenhouse gas emitters, is expected to announce a hotchpot of old, inadequate and undeliverable climate pledges that will leave its Paris pledges in tatters, experts have warned.

Climate action has nosedived under the leadership of Andrés Manuel López Obrador, who had to be blocked from rolling back Mexico’s modest Paris greenhouse gas targets by the country’s supreme court, and emissions are rising.

A reduction in methane emissions from the state-owned oil company, Pemex – an important but existing target for which Pemex has been fined for non-compliance.

A 1,000MW state-opened solar plant – construction is already under way for a 180MW project, and the government had previously already ruled out further investment to expand the energy potential.

A lithium commitment. Mexico has the ninth-largest identified deposits of lithium – a crucial mineral for electric vehicles and other green technologies – but there has been no government investment so far in advancing extraction, and none is currently being mined. Experts say the country is years away from producing its first gram of lithium.

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Southern Water ‘dumps sewage 493 times in eight days at bathing beaches’

The Guardian - Wed, 2022-11-09 00:48

Campaigners condemning ‘environmental vandalism’ say equivalent of five months of discharges made so far in November

Southern Water has discharged raw sewage for more than 3,700 hours at 83 bathing water beaches during the first eight days of November alone, according to company data analysed by campaigners.

Ed Acteson of SOS Whitstable, which has been monitoring the data, said in his experience the scale was equivalent to five months’ worth of discharges: “The Environment Act was supposed to herald a new era for the environment in Britain. But this is the worst I have ever seen sewage pollution in the south-east.”

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Photographer and film-maker arrested at Just Stop Oil protest

The Guardian - Wed, 2022-11-09 00:11

Arrest of pair capturing images of M25 protest condemned by British Press Photographers’ Association

The British Press Photographers’ Association has condemned the arrest of a photographer and documentary film-maker as they captured images of a Just Stop Oil protest.

Rich Felgate, a documentary maker, and Tom Bowles, the photographer, were arrested by a Hertfordshire police officer as they caught the action on a footbridge over the M25 on Monday.

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Just Stop Oil activists climb M25 gantries for second day – video report

The Guardian - Wed, 2022-11-09 00:08

Activists from Just Stop Oil scaled gantries along the M25 for a second day, unfurling banners protesting against the use of oil and gas. Demonstrators disrupted traffic, forcing police to block the motorway at various locations until they were able to bring the activists down. Police say 16 arrests were made in Kent, Essex, Surrey and Hertfordshire. 

Similar protests took place along the busy thoroughfare on Monday when activists from the group also climbed gantries on the M25. The protests coincide with the Cop27 summit in Sharm el-Sheikh in Egypt, convened to address some of the world's most pressing climate issues 

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COP27: High-level expert group raises bar for net zero credibility

Carbon Pulse - Wed, 2022-11-09 00:06
A UN-appointed group released its highly-anticipated report on Tuesday at COP27, providing recommendations on how to bolster the credibility of net-zero emissions commitments, cracking down on greenwashing from non-state actors, such as corporations, investors, and cities.
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Cop27: Ursula von der Leyen urges global north to follow in EU's footsteps – video

The Guardian - Tue, 2022-11-08 23:56

The European Commission president has told Cop27 in Egypt 'Europe is stepping up, despite Covid and the Russian war', to tackle the climate crisis. Speaking on the centre stage, Ursula von der Leyen urged the global north to follow the EU's example. 'Those in need in the developing world must be supported in adapting to a harsher climate,' she said. 'We urge our partners in the global north to stand by their climate finance commitments in the global south'

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COP27: New initiative plans explosive growth in African VCM market to 300 mln credits by 2030

Carbon Pulse - Tue, 2022-11-08 23:56
A new initiative intends to put Africa centre stage for the anticipated explosion in voluntary carbon market offset supply, with ambitious plans for the continent to produce 300 mln offsets a year by 2030 and between 1.5-2.5 bln a year by 2050.
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UN experts demand crackdown on greenwashing of net zero pledges

The Guardian - Tue, 2022-11-08 23:41

High level group releases report at Cop27 saying policies should be ‘about cutting emissions, not corners’

A UN group set up to crack down on the greenwashing of net zero pledges by industry and government has called for “red lines” to stop support for new fossil fuel exploration and overuse of carbon offsets.

The “high-level expert group”, created in March by the UN secretary general, António Guterres, to advise on rules to improve integrity and transparency in net zero commitments by industry, regions and cities, said climate plans must include deep cuts in greenhouse gases before 2030, and not delay action until closer to 2050.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2022-11-08 22:38
European carbon prices gave up Monday's modest gains in early Tuesday trading as volatility began to dry up in anticipation of political discussions beginning later in the week, while gas prices were higher after the EU appeared to abandon efforts to put a temporary cap on prices.
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Total lunar eclipse bathes moon in red glow

BBC - Tue, 2022-11-08 22:28
It was visible from North America and the Pacific - but Europe will have to wait until 2025.
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Man charged with manslaughter over death of boy, 11, from snake bite in Queensland

The Guardian - Tue, 2022-11-08 22:22

The 31-year-old allegedly failed to seek medical attention after the boy was bitten at a property in Murgon, Queensland

Queensland police have charged a 31-year-old man with manslaughter over the sudden death of an 11-year-old boy who was bitten by a snake.

The man allegedly failed to seek medical attention after the boy reported being bitten at a property at Murgon in Queensland’s South Burnett region on 21 November last year.

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Just Stop Oil protesters bring parts of M25 to halt for second day

The Guardian - Tue, 2022-11-08 22:21

Police say 16 arrests made after activists scale gantries in Kent, Essex, Surrey and Hertfordshire

Protesters have caused widespread disruption on the M25 for a second day after several junctions were blocked.

Just Stop Oil said “approximately 15” of its supporters climbed on to overhead gantries in “multiple locations” on the UK’s busiest motorway from 7am on Tuesday, causing police to halt traffic.

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Tuvalu first to call for fossil fuel non-proliferation treaty at Cop27

The Guardian - Tue, 2022-11-08 21:30

Pacific islands nation, which is acutely vulnerable to sea level rises, joins nearby Vanuatu in seeking phase-out of coal, oil and gas

Tuvalu has become the first country to use United Nations climate talks to demand an international fossil fuel non-proliferation treaty, which would phase out the use of coal, oil and gas.

The small Pacific islands nation, which is acutely vulnerable to sea level rises caused by global heating, becomes the second country to call for an agreement to end the era of burning fossil fuels, which is the primary cause of the rapidly escalating climate crisis, fellow Pacific nation Vanuatu being the first.

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COP27: Roundup for Day 2 – Nov. 8

Carbon Pulse - Tue, 2022-11-08 21:18
It’s Tuesday - Finance Day - at COP27 in Sharm el-Sheikh, and Carbon Pulse will keep you updated with developments throughout the day. Timestamps in local time (EEST, GMT+2).
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COP27: Industry coalition pledges $12 billion to boost use of low carbon tech in hard to abate sectors

Carbon Pulse - Tue, 2022-11-08 20:38
The First Movers Coalition, a global initiative launched last year to spur the decarbonisation of heavy industry and the long-distance transport sector, has expanded its coverage into two new energy-intensive sectors and will allocate $12 billion in green technology purchase commitments, US climate envoy John Kerry and the World Economic Forum announced on Tuesday.
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COP27: INTERVIEW – World Bank launches results-based payment fund to help countries access international carbon markets

Carbon Pulse - Tue, 2022-11-08 19:45
The World Bank has launched an a umbrella fund at COP27 that will help countries to access carbon markets by providing results-based grant payments via pooled cash from donor countries, the private sector, and foundations for projects that reduce emissions, including the monetising of credits from the acceleration of coal phaseouts, a senior member behind the project told Carbon Pulse.
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