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Potential market rules worry traders as allowances sell off on release of ARB workshop slidedeck

Carbon Pulse - Tue, 2024-04-23 06:43
California regulator ARB will discuss potential changes to market rules surrounding corporate disclosures and holding limits in their public rulemaking cap-and-trade workshop scheduled Tuesday, according to a slidedeck posted Monday, which resulted in futures prices in the secondary market selling off.
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Gone in a puff of smoke: 52,000 sq km of ‘long unburnt’ Australian habitat has vanished in 40 years

The Conversation - Tue, 2024-04-23 06:07
We compiled maps of bushfires and prescribed burns in southern Australia from 1980 to 2021 to see how fire activity is changing habitat for 129 threatened species such as mountain pygmy possums. William Geary, Lecturer in Quantitative Ecology & Biodiversity Conservation, The University of Melbourne Dale Nimmo, Professor in Ecology, Charles Sturt University Julianna Santos, Research fellow in Ecology and Conservation Science, The University of Melbourne Kristina J Macdonald, PhD Candidate, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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Ecosystems are deeply interconnected – environmental research, policy and management should be too

The Conversation - Tue, 2024-04-23 06:05
Pollution on land inevitably ends up in the sea. Policy makers must stop working in silos and instead consider the indirect consequences human impacts on land have for marine environments. Rebecca Gladstone-Gallagher, Lecturer in Marine Science, University of Auckland, Waipapa Taumata Rau Conrad Pilditch, Professor of Marine Sciences, University of Waikato Simon Francis Thrush, Director of the Institute of Marine Science, University of Auckland, Waipapa Taumata Rau Licensed as Creative Commons – attribution, no derivatives.
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Net zero has become unhelpful slogan, says outgoing head of UK climate watchdog

The Guardian - Tue, 2024-04-23 04:06

Chris Stark says populist response and culture war around the term is inhibiting environmental progress

The concept of “net zero” has become a political slogan used to start a “dangerous” culture war over the climate, and may be better dropped, the outgoing head of the UK’s climate watchdog has warned.

Chris Stark, the chief executive of the Climate Change Committee (CCC), said sensible improvements to the economy and people’s lives were being blocked by a populist response to the net zero label, and he would be “intensely relaxed” about losing the term.

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Donors push “exotic” clean cookstoves in Africa instead of valuing carbon projects that work, says envoy

Carbon Pulse - Tue, 2024-04-23 03:13
Wealthy donor countries are too set on “exotic” carbon projects on the African continent like clean cooking and do not pay enough for more “pragmatic” solutions, according to a Sierra Leonian climate envoy speaking Thursday at the 2024 Spring Meetings of the International Monetary Fund (IMF) and World Bank in Washington DC.
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VCM Report: Creeping optimism in future of voluntary market fails to translate into higher prices

Carbon Pulse - Tue, 2024-04-23 02:30
Optimism is creeping back into the voluntary market, although prices and liquidity were steady last week, and some standardized prices slipped lower from already very weak levels.
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Half of the world’s 100 largest private firms unprepared for climate goals -report

Carbon Pulse - Tue, 2024-04-23 01:32
Most of the private companies worldwide are unprepared to respect their country's climate goals and the Paris Agreement to keep the global increase in temperature below 1.5C compared to 1990 levels, according to a report released on Monday.
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UK’s ETS for waste risks raising costs for local govts and pushing rubbish to landfill, experts warn

Carbon Pulse - Tue, 2024-04-23 01:13
The extension of the UK ETS to include emissions from waste risks imposing significant new costs on cash-strapped local council authorities and pushing more rubbish to landfills, unless the government passes supporting policies within the next two years, experts said on Monday.
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Carbon removals registry Isometric issues first batch of credits

Carbon Pulse - Tue, 2024-04-23 01:12
Carbon dioxide removal (CDR) registry Isometric launched on Monday, with the first batch of credits issued to members of the Frontier buyers' club.
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UK to begin consultation on including maritime emissions in ETS shortly, but no deadline for free allocation response

Carbon Pulse - Tue, 2024-04-23 00:56
The UK government will soon begin a public consultation on how best to include maritime emissions in the scope of the UK ETS, a senior official said on Monday, without indicating when the government would respond to recently completed consultations on other potential changes to the country’s stand-alone carbon market.
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INTERVIEW: Technology transfer key to boosting Africa’s voluntary carbon market

Carbon Pulse - Tue, 2024-04-23 00:45
Africa's voluntary carbon market needs technology transfer from the Global North to keep up with increasingly demanding carbon credit methodologies and to demonstrate integrity, a Ghanaian advisor to the International Monetary Fund (IMF) told Carbon Pulse Thursday on the sidelines of the IMF Spring Meetings in Washington DC.
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IUCN releases guidelines for monitoring biodiversity in protected areas and OECMs

Carbon Pulse - Mon, 2024-04-22 23:28
The International Union for Conservation of Nature (IUCN) World Commission on Protected Areas (WCPA) has released a set of standardised guidelines to develop biodiversity monitoring programmes in Protected Areas (PAs) and Other Effective area-based Conservation Measures (OECMs) worldwide, providing a snapshot of the most advanced tools and technologies.
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Polish cement plant advances major CCUS investment

Carbon Pulse - Mon, 2024-04-22 23:07
A Polish cement plant is advancing plans for the large-scale installation of carbon capture utilisation and storage (CCUS) technology at its facilities. 
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Europe’s LNG demand likely to peak in 2024, regulators say

Carbon Pulse - Mon, 2024-04-22 22:50
Demand for liquefied natural gas (LNG) in Europe is likely to reach its peak this year due to structural demand reduction and decarbonisation policies, the EU’s energy regulators have said, adding to downward pressure on carbon prices in the short term.
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Business alliance launches to enhance biodiversity strategies, hasten nature disclosures

Carbon Pulse - Mon, 2024-04-22 22:04
A European business network and a US-headquartered conservation NGO have kickstarted an initiative to foster the integration of biodiversity in corporate decision-making, with nine corporations joining the programme ahead of its general launch next year.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-04-22 22:00
Carbon prices in Europe began the week on a sharply bearish note in line with wider energy markets, encouraging traders to build additional short positions but also highlighting the degree to which EUAs and UKAs are being driven by fluctuations in natural gas.
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‘Children won’t be able to survive’: inter-American court to hear from climate victims

The Guardian - Mon, 2024-04-22 21:39

Historic hearing will receive submissions from people whose human rights have been affected by climate change

Julian Medina comes from a long line of fishers in the north of Colombia’s Gulf of Morrosquillo who use small-scale and often traditional methods to catch species such as mackerel, tuna and cojinúa.

Medina went into business as a young man but was drawn back to his roots, and ended up leading a fishing organisation. For years he has campaigned against the encroachment of fossil fuel companies, pollution and overfishing, which are destroying the gulf’s delicate ecosystem and people’s livelihoods.

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European LNG operator eyes diversification into CO2 and ammonia -media

Carbon Pulse - Mon, 2024-04-22 21:26
A European operator of LNG terminals is looking to expand into CO2 and ammonia processing as it seeks to capitalise on new sources of income in the energy transition.
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Group of 17 global banks joins call for international treaty to end use of fossil fuels

Carbon Pulse - Mon, 2024-04-22 21:07
Seventeen banks globally have joined calls for a Fossil Fuel Non-Proliferation Treaty to end the use of fossil fuels and have called on the financial industry to follow their example.
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