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Drought conditions already hitting UK crop production, farmers say

The Guardian - 12 hours 21 min ago

Environment Agency recommends rationing water as UK sees driest start to spring in 69 years

Crops are already failing in England because of drought conditions this spring, farmers have said.

People should start to ration their water use, the Environment Agency said, as water companies prepare for a summer of drought. The government has also asked the water CEOs to do more to avert water shortages, and the EA said hosepipe bans are on the horizon if a significant amount of rain does not fall.

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Categories: Around The Web

INTERVIEW: EU ETS2 demand interest seen strong, but sell side to take time to materialise

Carbon Pulse - 12 hours 52 min ago
Buying interest in new EU ETS2 futures is expected to be strong as the market gets ready for the full launch of the bloc's new cap-and-trade compliance scheme for the road transport and building heating sectors, but sellers are likely to remain limited until the scheme fully launches in 2027, one of the main exchanges offering the contracts told Carbon Pulse.
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CF TURKIYE: Most EU importers seem unaware of impending CBAM effects -steel exporter

Carbon Pulse - 13 hours 5 min ago
A mere 20% of EU steel importers appear to be aware of, let alone prepared for, the impending effects of the bloc's Carbon Border Adjustment Mechanism (CBAM), an official from a steel exporting company told the Carbon Forward Turkiye conference on Wednesday.
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Sea pigs, icefish and trilobites: Antarctica’s mysterious marine life – in pictures

The Guardian - 13 hours 32 min ago

Characterised by darkness and cold temperatures, the extreme environment of Antarctica’s deep sea is largely unexplored. Now, after a special marine science voyage, a team aboard Australia’s national icebreaker, RSV Nuyina, has collected some remarkable species from the waters around the Denman Glacier

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Bottleneck growing for new Article 6.4 carbon projects amid wrangling over details -report

Carbon Pulse - 13 hours 46 min ago
Unknown 'devil in the detail' about the standards, procedures, guidelines, and methodologies for Article 6.4 trade is creating a bottleneck for new project implementation, according to a climate advisory group.
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CF TURKIYE: Ankara pressing ahead with ETS pilot in 2026, despite Climate Law delays

Carbon Pulse - 14 hours 21 min ago
The Turkish government is waiting on parliament to approve the country’s long-awaited Climate Law, but is still planning to launch the pilot phase of its emissions trading system (ETS) in 2026, with offsets to be admitted after two years, the Carbon Forward Turkiye conference in Izmir heard on Wednesday.
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IFM carbon project developer strikes large offtake deal with second tech giant

Carbon Pulse - 14 hours 32 min ago
Microsoft has continued its carbon removal credit buying spree, signing a three-year offtake deal for up to 3 million improved forest management (IFM) credits in the US from a project developer that has already snagged a deal with Meta, the owner of Facebook.
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German energy industry calls for Energiewende “course correction”, as government off to a turbulent start

Carbon Pulse - Wed, 2025-05-07 23:56
Germany needs its own “bureaucracy reduction law” for the energy industry, said the sector’s main national trade association on Tuesday, as it also called for a new fleet of gas-fired power plants to be a priority for the incoming government.
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INTERVIEW: Project producing renewable natural gas, carbon credits touts dual environmental benefit

Carbon Pulse - Wed, 2025-05-07 23:54
A developer producing renewable natural gas from coal bed seams in Wyoming, which also sequesters CO2 long-term, is touting the project’s dual environmental benefits and aiming to sell carbon credits for $100 per tonne in a few years’ time.
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Pakistan’s Punjab launches pilot Green Credit Programme

Carbon Pulse - Wed, 2025-05-07 23:48
Punjab province in Pakistan has launched a pilot Green Credit Programme in a bid to promote environmenally friendly activities and incentivise citizens to carry out green interventions in sectors including, air, land, water, waste management, and biodiversity conservation.
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Inside the Chornobyl exclusion zone – in pictures

The Guardian - Wed, 2025-05-07 23:46

A Russian drone attack has inflicted tens of millions of pounds of damage to the site of the Chornobyl nuclear power plant, according to experts. The photographer Julia Kochetova has gained access to the area

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BRIEFING: ADB, UK eye scaling biodiversity markets in Asia Pacific under new nature partnership

Carbon Pulse - Wed, 2025-05-07 22:51
The Asian Development Bank (ADB) and the UK government have launched a partnership aimed at advancing nature conservation efforts in the Asia Pacific region, with the development of biodiversity credit markets among the key planned activities.
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Blow to clean energy drive as major windfarm ditched

BBC - Wed, 2025-05-07 22:27
In a blow to the government's clean energy ambitions, a company cancels a huge windfarm off Yorkshire.
Categories: Around The Web

Blow to clean energy drive as major windfarm ditched

BBC - Wed, 2025-05-07 22:27
In a blow to the government's clean energy ambitions, a company cancels a huge windfarm off Yorkshire.
Categories: Around The Web

Article 6 carbon credit auctions postponed to give market time to mature

Carbon Pulse - Wed, 2025-05-07 22:18
Auctions for sovereign carbon credits eligible for international Article 6 trade, initially due in early 2025, have been delayed to allow more time for voluntary demand to develop, and for guarantees against supply-side risk to be put in place, according to the organisers of the planned sales.
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EU CBAM legislative proposal could come in Q4, confirms top climate official

Carbon Pulse - Wed, 2025-05-07 22:15
The EU's most senior climate official said on Wednesday that a legislative proposal on the Carbon Border Adjustment Mechanism (CBAM) could come in the fourth quarter of this year, adding that if Article 6 credits were included in any EU compliance carbon mechanism, the bloc would adopt a cautious approach.
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UK politicians urge government to squash biodiversity net gain uncertainty

Carbon Pulse - Wed, 2025-05-07 21:57
A committee of UK politicians has urged the government to stamp out speculation that it is uncertain about its commitment to its biodiversity net gain (BNG) policy.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Wed, 2025-05-07 21:43
Categories: Around The Web

Microsoft turns April into record month for CDR buying as company grapples with AI boom

Carbon Pulse - Wed, 2025-05-07 21:41
Microsoft single-handedly turned April into the largest month by volume to date in the durable carbon removal (CDR) sector, as the tech giant wrestles its 2030 commitment to become carbon negative with the boom in artificial intelligence.
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