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Climate compensation bills stalled in California legislature

Carbon Pulse - 26 min 14 sec ago
Two California bills that sought to require fossil fuel companies to pay for climate-related damages were withdrawn from scheduled committee hearings this week, halting their progress in the state’s legislature.
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INTERVIEW: Bahamas, financial services company partner on blue carbon ITMO wrapper

Carbon Pulse - 40 min 36 sec ago
The Bahamas and a US-based financial services firm are collaborating on a securitised sovereign blue carbon product based on a sectoral GHG mitigation pledge, which can then be ‘unwrapped’ to claim authorised Paris Agreement Article 6.2 ITMO credits, according to the company’s CEO.
Categories: Around The Web

Protected areas and indigenous territories offset all Amazon forest emissions -report

Carbon Pulse - 55 min 28 sec ago
Protected areas and indigenous territories contain 60% of the Amazon’s total aboveground biomass and have remained carbon sinks over the past 10 years, according to a new report by the Monitoring of the Andes Amazon Programme (MAAP).
Categories: Around The Web

Canada’s Pacific province failing on emissions reductions targets

Carbon Pulse - 1 hour 23 min ago
Canada's Pacific province, known for its expansive forests and coastline, is set to miss its emissions reductions targets.
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Net losses more than double in 2024 during “necessary reset” for Canadian developer

Carbon Pulse - 1 hour 35 min ago
A Vancouver-based carbon project developer announced Wednesday that its net losses more than doubled in fiscal year 2024, a period which the company’s CEO described as a “necessary reset”.
Categories: Around The Web

International business group backs new VCMI Scope 3 carbon credit guidance

Carbon Pulse - 4 hours 37 min ago
One of the world’s largest business organisations has thrown its weight behind the VCMI’s new Scope 3 Action Code of Practice after warning the cost of inaction on climate change is now staggering.
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Endangered axolotl release raises hopes for rare amphibian

BBC - 5 hours 39 min ago
Study provides hope for future of the axolotl amphibian, pushed to the brink of extinction in Mexico.
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Downing Street forces Tony Blair to row back from net zero strategy criticism

The Guardian - 5 hours 41 min ago

Labour politicians warn former PM had boosted Tory and Reform climate sceptics on the eve of local elections

Tony Blair has been forced by Downing Street to row back from his criticism of the government’s net zero strategy after furious Labour politicians warned he had given a boost to Tory and Reform sceptics on the eve of the local elections.

Climate experts also accused the former prime minister of granting political cover to fossil fuel interests and weakening momentum behind the UK’s legally binding target to reach net zero emissions by 2050.

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The Guardian view on Labour and net zero politics: lean in and ignore bad advice | Editorial

The Guardian - 5 hours 54 min ago

Sir Tony Blair’s ill-conceived contribution to the climate debate was a political gift to Nigel Farage. But public support for the green transition remains strong

The Climate Change Committee’s latest report on the UK’s response to unprecedented environmental challenges makes for grim reading. Recalling the extreme weather swings of the last few years – which delivered both the wettest 18 months on record and the largest number of wildfires – the report’s authors deplore the current inadequacy of provision to protect the nation against risks which are now a lethal reality. The threat represented by flooding, said the chair of the committee’s adaptation group, Lady Brown, “is not tomorrow’s problem. It’s today’s problem. And if we don’t do something about it, it will become tomorrow’s disaster.”

An assessment so scathing, from such a source, deserved to be at the centre of political discussion ahead of Thursday’s local elections. Instead, Wednesday’s front pages were dominated by a considerably less useful contribution to the climate debate. In a foreword to a report from his eponymous Tony Blair Institute (TBI), Sir Tony Blair suggested that governments should dial down efforts to limit the use of fossil fuels in the short term, or risk alienating voters allegedly put off by the “irrationality” and cost of green policies. Politicians’ focus, he insisted, should shift to investing speculatively in technologies for the future such as carbon capture and storage.

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Denmark on course for 72% emissions reduction by 2030

Carbon Pulse - 7 hours 36 min ago
Denmark is on course to reduce its emissions 72% by 2030 compared to 1990 levels, surpassing the country's 70% target with a surplus margin of around 1.6 million tonnes of CO2 equivalent, according to new official data published on Wednesday.
Categories: Around The Web

Carbon intelligence provider expands into Asia-Pacific region

Carbon Pulse - 7 hours 39 min ago
A carbon market intelligence provider has announced its expansion into Singapore on Wednesday.
Categories: Around The Web

Salesforce amps up ambition with new science-based targets, urges more companies to join ‘lonely’ carbon market

Carbon Pulse - 8 hours 3 min ago
A Salesforce executive has urged more companies to set net zero targets and engage with carbon markets during a panel session at a conference in London on Wednesday, where he also announced the company’s new science-based emissions reduction goals.
Categories: Around The Web

UK stepping cautiously towards bridging compliance, voluntary markets -govt official

Carbon Pulse - 8 hours 7 min ago
The UK government is moving cautiously to bridge the divide between the compliance and voluntary carbon markets, without rocking the stability of its Emissions Trading Scheme (ETS), an official said on Wednesday.
Categories: Around The Web

The Guardian view on Australia’s federal election: progressives must vote strategically

The Guardian - 8 hours 39 min ago

Anthony Albanese has delivered steady, gradual reform – but a minority government might force Labor to push through bolder solutions

Australians know the government they elect on 3 May will have to navigate multiple crises.

At home, a cost-of-living crisis is making daily life miserable for millions. Sky-high housing costs are locking younger Australians out of a life their parents took for granted.

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Categories: Around The Web

It’s the anti net-zero, anti-woke Tony Blair – how was this man ever considered a progressive? | Zoe Williams

The Guardian - 8 hours 40 min ago

The former PM has form when it comes to pushing corporate interests and meeting populists halfway

When Tony Blair came out this week to say current net zero policies were “doomed to fail”, there was something familiar in his arguments: phasing out fossil fuels wouldn’t work because people perceived it as expensive, arduous and not their problem. Stop banging on about renewables; won’t someone think of the things we don’t know how to do, like carbon capture and such wizardry as is still locked in tech bros’ imaginations? Basically, net zero had lost the room, according to the former prime minister. And if anyone knows where the room is, and how to get it back, it must be him.

He said something similar about “woke”, which sadly lost the room in 2022. “Plant Labour’s feet clearly near the centre of gravity of the British people,” Blair advised Starmer. “[They] want fair treatment for all and an end to prejudice, but distrust and dislike the ‘cancel culture’, ‘woke’ mentality.” What exactly does “woke” mean, if not an end to prejudice? Just how effective is cancel culture, if Blair himself could work as a lobbyist for a Saudi oil firm in 2016, advised the government of Kazakhstan after it brutally suppressed public protests in 2011, and yet still walks among us as the voice of the progressive left? Memo to my fellow cancellers: we are bad at this.

Zoe Williams is a Guardian columnist

Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.

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Categories: Around The Web

INTERVIEW: Colombia walks deliberate path to Article 6

Carbon Pulse - 8 hours 46 min ago
Colombia remains committed to engaging Paris Agreement carbon markets, but the process will be systematic and unhurried, external consultants working with the government told Carbon Pulse on the sidelines of the Colombia Carbon Forum in Bogota on Thursday.
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Direct payments key to success of EU ETS2, says green watchdog

Carbon Pulse - 9 hours 6 min ago
Putting some of the proceeds from the EU's incoming Emissions Trading System for road and heating fuels (ETS2) towards direct payments to citizens may be essential to making the scheme fair and politically viable, according to a group of environmental NGOs.
Categories: Around The Web

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