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ARB offset issuance retreats from YtD highs, DEBs-tagged units pick up

Carbon Pulse - 3 hours 38 min ago
California regulator ARB issued compliance-grade offsets tagged with direct environmental benefits (DEBs) to the state after a two-period hiatus, but the overall distribution fell from the highs reached two weeks earlier.
Categories: Around The Web

What is ‘Net Zero’, anyway? A short history of a monumental concept

The Conversation - 6 hours 42 min ago
The phrase ‘net zero’ has a long history. Ruth Morgan, Associate Professor of History, Australian National University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

FEATURE: World governments split on how to regulate voluntary carbon credits

Carbon Pulse - 10 hours 40 min ago
Governments are classifying voluntary carbon credits (VCCs) in diverse ways, often disagreeing on whether they are financial products, fragmenting voluntary carbon market (VCM) regulation.
Categories: Around The Web

Airbus UK to build satellite to monitor Sun storms

BBC - 11 hours 5 min ago
The spacecraft will give earlier warnings of conditions that produced the recent auroral lights.
Categories: Around The Web

Tech giants pledge to contract 20 mln nature-based voluntary carbon credits

Carbon Pulse - 11 hours 34 min ago
Four of the world's largest technology companies have joined forced under a new coalition to contract up to 20 million tonnes of nature-based voluntary carbon credits, they announced Wednesday.
Categories: Around The Web

UK breakthrough could slash emissions from cement

BBC - 11 hours 52 min ago
Scientists from Cambridge University find an ingenious way to decarbonise one of the world's most polluting materials.
Categories: Around The Web

The claim of a $600bn carbon capture windfall for Australia is based on heroic assumptions and selective analysis | Temperature Check

The Guardian - 11 hours 52 min ago

Projections of the size and scale of a future CCS industry should come with heavy doses of scepticism

As far as bonanzas go, a claim this week that Australia could pull in almost $600bn by storing carbon dioxide from other countries is one that puts even the Aukus nuclear submarine deal in the shade.

The oil and gas industry lobby group Australian Energy Producers made the claim, reported in the Australian, pointing to a study carried out by global energy analysts Wood Mackenzie.

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Categories: Around The Web

Microsoft to buy 36k carbon removals from biochar producer, adds another 1 Mt to Danish BECCS deal

Carbon Pulse - 12 hours 15 min ago
Microsoft has signed an agreement to buy 36,000 tonnes of biochar from a Canadian producer, the firms announced on Wednesday, while the tech giant also increased by 1 million tonnes the purchase volume of an existing deal for Danish bioenergy removals.
Categories: Around The Web

BRIEFING: EUA price must hit €150/t to push ship owners to adopt greener fuel

Carbon Pulse - 12 hours 18 min ago
EUAs need to be trading at least €150 per tonne to start incentivising ship owners to switch to biofuels in a subsidised environment, while the price would need to be markedly higher than that to ensure a shift to more expensive green fuels like ammonia or methanol, a freight manager told a conference Wednesday.
Categories: Around The Web

First sea trials of slow steaming software for shipping industry sharply cut CO2 emissions

Carbon Pulse - 12 hours 20 min ago
Two sea trials of a new slow steaming solution for the shipping industry have sharply cut CO2 emission levels, confirming earlier pilot programs, a shipping consortium announced this week.
Categories: Around The Web

Over 50% of the world’s mangrove ecosystems at risk of collapse by 2050, IUCN says

Carbon Pulse - 12 hours 30 min ago
The International Union for Conservation of Nature (IUCN) released Wednesday its first-ever assessment of the world's mangrove ecosystems, showing that more than half of them are at risk of collapse by 2050.
Categories: Around The Web

Rhino bond has lessons for biodiversity credits, expert says

Carbon Pulse - Wed, 2024-05-22 23:19
The nascent biodiversity credits market can learn from the work of the World Bank’s rhino bond, according to an expert whose organisation worked on the issuance.
Categories: Around The Web

EU ministers face six tests for strengthening green competitiveness, says think tank

Carbon Pulse - Wed, 2024-05-22 23:05
A series of tests awaits the European Union, as the bloc still debates how to respect climate commitments and remain economically ambitious at the same time, with the 27 nations' ministers set to gather in Brussels at the Competition Council on Friday.
Categories: Around The Web

Failing to modernise grid will massively set back EU on climate targets -industry

Carbon Pulse - Wed, 2024-05-22 22:50
Failure to modernise the power grid could lead the EU to miss its climate targets by over 30% and jeopardise energy security, the European electricity industry association has warned.
Categories: Around The Web

FEATURE: Fish farming marine destruction claims highlight challenge in meeting GBF targets

Carbon Pulse - Wed, 2024-05-22 21:27
Environmentalists are increasingly sounding the alarm over what they claim are destructive impacts of the global fish farming industry, but government hesitance in imposing stricter regulations is seen as an illustration of the challenge ahead in meeting biodiversity targets.
Categories: Around The Web

Borrowdale rainforest in Lake District declared national nature reserve

The Guardian - Wed, 2024-05-22 21:26

Five nature reserves will be created each year for next five years to celebrate coronation of King Charles

A temperate rainforest in the Lake District has been declared a national nature reserve in a move that will protect the rare ancient habitat for future generations.

The Borrowdale rainforest is one of the few surviving examples of a “mysterious and untouched” landscape that covers less than 1% of the UK.

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Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-05-22 21:25
EU carbon allowance prices were modestly firmer at midday on Wednesday as the market tested technical resistance levels after the weekly Commitment of Traders data showed investment funds increased their bearish bets for the first time in six weeks.
Categories: Around The Web

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