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Australia must wean itself from monster utes – and the federal government’s weakening of vehicle emissions rules won’t help one bit

The Conversation - Thu, 2024-03-28 09:28
The amended rules will slow the reduction in emissions from Australia’s polluting road transport sector and reflect alarming trends, here and abroad. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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Renewable diesel fuels compliance across North American LCFS markets, but oversupply concerns persist

Carbon Pulse - Thu, 2024-03-28 08:56
Low carbon fuel standards (LCFS) across North American markets will continue to see renewable diesel (RD) play a major role in helping fuel producers meet their carbon intensity (CI) targets, but regulators must continue to adjust stringency to maintain programme effectiveness in light of increased RD production capacity, experts said Wednesday.
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Plant-heavy ‘flexitarian’ diets could help limit global heating, study finds

The Guardian - Thu, 2024-03-28 04:00

Global adoption of diet low in meat would aid health, land and food systems as well as reducing emissions, researchers say

A global shift to a mostly plant-based “flexitarian” diet could reduce greenhouse gas emissions and help restrict global heating to 1.5C, a new study shows.

Previous research has warned how emissions from food alone at current rates will propel the world past this key international target.

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Regulators urged to act over water companies’ record sewage discharge

The Guardian - Thu, 2024-03-28 03:45

Government asked to put ‘people and planet before profits’ as analysis shows potential illegal discharging of raw sewage

Regulators face pressure to act after further evidence of potentially illegal activity by water companies has been revealed.

Analysis of the latest data shows that more than 2,000 overflows owned by a number of companies are discharging raw sewage into rivers and seas at a scale that should spark an immediate investigation into illegal breaches of permit conditions.

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Beyond value chain mitigation guidance supports higher climate ambition, needs manageable carbon price

Carbon Pulse - Thu, 2024-03-28 03:40
Applying beyond value chain mitigation (BVCM) principles in practice will initially need feasible internal carbon fees to gain traction, but its breadth can inspire greater corporate climate coordination, according to stakeholders speaking on a webinar Wednesday.
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International oil and gas forum backs key role for carbon markets in energy transition

Carbon Pulse - Thu, 2024-03-28 03:19
An inter-governmental organisation comprised of oil and gas stakeholders has underlined the importance of carbon markets for the energy transition, especially for financing technological solutions to decarbonise hard-to-abate sectors, in a recent report.
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EU carbon price surge not here to stay –analyst

Carbon Pulse - Thu, 2024-03-28 03:07
The end of the EU carbon allowance price rally is in sight, with prices likely to start falling again in the next couple months, according to the research arm of a Dutch bank.
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Launch of credit scheme for UK saltmarshes would be viable and boost carbon storage -study

Carbon Pulse - Thu, 2024-03-28 02:48
The introduction of a carbon credit scheme supporting the restoration of UK saltmarshes would be feasible and provide a pipeline for private investment to help restore these degraded areas with significant carbon storage potential, a government-backed study has found.
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Marine biodiversity credit market may need “new type” of units, RePlanet says

Carbon Pulse - Thu, 2024-03-28 02:46
UK-headquartered biodiversity credit developer RePlanet has stressed the need to develop tailored biodiversity units for marine conservation due to critical challenges holding back the market.
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California ARB offset issuance ticks up again, but remains behind 2023 levels

Carbon Pulse - Thu, 2024-03-28 02:29
California regulator ARB has issued the highest number of compliance-grade offsets so far this year, although year-to-date totals continue to lag behind 2023, data published by the agency Wednesday showed.
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Oil and gas companies fail to sufficiently disclose climate risks for investors -study

Carbon Pulse - Thu, 2024-03-28 01:52
The voluntary climate action disclosure from 10 oil and gas majors falls short of what investors need to accurately gauge how they will meet their goals, and the risks posed by those transitions, according to analysis published on Wednesday.
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NA100 guide on engaging with eight sectors published

Carbon Pulse - Thu, 2024-03-28 01:51
A guide for investor members of the Nature Action 100 (NA100) initiative on engaging with companies in eight priority sectors has been published by non-profit Ceres.
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Former FERC chairman joins board of California-based carbon removal company

Carbon Pulse - Thu, 2024-03-28 01:29
A former chairman of the Federal Energy Regulatory Commission (FERC) has joined the board of a Los Angeles-headquartered carbon removal company that specialises in direct air capture (DAC) technology.
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Nordics take lead on CCS, negative emissions as EU debates 2040 climate goal

Carbon Pulse - Thu, 2024-03-28 00:33
Finland and Sweden – the two EU countries with the biggest forest carbon sinks – came up with the most elaborate positions on carbon capture and storage (CCS) as well as negative emission technologies during a ministerial debate on Monday about the EU’s future 2040 climate policy.
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UK oil and gas regulator pushes developers to cut emissions or face possible closure

Carbon Pulse - Thu, 2024-03-28 00:24
The UK's offshore oil and gas regulator is asking developers to boost electrification and cut down on flaring and venting or face potential closure, in an effort to reduce emissions from fossil fuels production while keeping supply secure.
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Registries should lead the charge to scale voluntary carbon market, finds survey

Carbon Pulse - Wed, 2024-03-27 23:52
Registries should address key inhibitors to voluntary carbon market growth, including insufficient price transparency, standardisation, and interoperability, according to stakeholders surveyed by two financial analytics firms.
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UK competition regulator clamps down on greenwashing in fashion sector

Carbon Pulse - Wed, 2024-03-27 23:13
Three high street budget fashion giants have pledged they will change the way they display, describe, and promote their green credentials in the UK amid a clamp down by the competition regulator on greenwashing that will impact the use of carbon offsets across the sector.
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EU businesses and governments look to Mauritania to fulfill their hydrogen ambitions

Carbon Pulse - Wed, 2024-03-27 23:06
EU firms and governments are promoting green hydrogen infrastructure in Mauritania, in a push that could account for most of the bloc’s 2030 target for green hydrogen imports and capitalise on the country's proximity, cheaper production costs, favourable regulatory environment, and vast solar and wind energy potential.
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