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Coalition of states challenge Vermont’s Climate Superfund Act in federal court

Carbon Pulse - 1 hour 19 min ago
A coalition of 23 US state attorneys, led by West Virginia, filed a lawsuit on Thursday seeking to block Vermont’s newly enacted Climate Superfund Act, arguing that the law imposed unconstitutional and retroactive penalties on out-of-state energy producers.
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EU Commission stresses no ETS2 review before 2028

Carbon Pulse - 6 hours 23 min ago
The European Commission has firmly restated its commitment to a 2027 launch of the EU ETS2, underlining that the “legislation is already adopted and in force” and that no revision of its provisions is foreseen before 2028.
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Conservation yields highest CO2 saving among seagrass methods -report

Carbon Pulse - 6 hours 37 min ago
Seagrass conservation projects offer the highest carbon credit potential among four methods studied, with a 100-hectare site projected to earn up to $1.53 million over 10 years, according to a new report.
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VCM Report: Carbon credit prices flatline as VCMI tries to stimulate voluntary action

Carbon Pulse - 6 hours 45 min ago
Voluntary carbon prices were little changed little last week, despite the official launch of the VCMI’s new Scope 3 action code that highlighted a market caught in limbo by the ongoing lack of Core Carbon Principles (CCPs)-stamped credits.
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Australia has backed a rapid shift to renewable energy - and given Labor a chance on climate. How will it act? | Clear Air

The Guardian - 6 hours 53 min ago

After a landslide election win, there will never be a better chance to shake off old policy impasses and deliver a more ambitious plan for the environment

Analysis of the election result has barely begun, but this much is clear – the country has backed a rapid acceleration towards renewable energy. Labor didn’t say much about the climate crisis during the campaign, announcing only one new policy. But Anthony Albanese and his climate change and energy minister, Chris Bowen, emerged with their ambitious goal of the country getting 82% of electricity from solar, wind and hydro by 2030 not just intact, but emphatically endorsed.

Labor’s position has been relentlessly attacked by the Coalition, rightwing organisations backed by fossil fuel interests and one of the country’s biggest news media companies. Australians rejected this comprehensively.

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INTERVIEW: Verra targets ICVCM approval across more methodologies, greater CORSIA supply

Carbon Pulse - 7 hours 31 min ago
Verra now has its sights set on approval of more of its methodologies by the Integrity Council for the Voluntary Carbon Market (ICVCM), as well as scaling supply eligible for the UN's CORSIA international aviation offsetting scheme, an executive told Carbon Pulse.
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Stacking biodiversity and carbon credits for marine animal forests a “necessity” -report

Carbon Pulse - Mon, 2025-05-05 23:56
Combining biodiversity and carbon credits systems is urgently needed to incentivise funding in underwater ecosystems such as corals, according to a recent academic report.
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Two Britons to challenge UK’s ‘weak’ response to climate crisis in Strasbourg court

The Guardian - Mon, 2025-05-05 23:50

Doug Paulley and Kevin Jordan say their lives being ruined, and lack of effective strategy infringes their human rights

Two men who say they are being failed by the UK’s flawed response to climate breakdown are taking their case to Europe’s top human rights court.

Doug Paulley and Kevin Jordan say their lives have been ruined by the rising temperatures and extreme weather caused by the climate crisis, and that the government’s response fails to respect their human rights.

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Biodiversity remains threatened by extensive and intensive farming -study

Carbon Pulse - Mon, 2025-05-05 22:43
A recent study has found that neither farmland expansion nor intensive agricultural practices aimed at increasing yields are beneficial for biodiversity, though one approach is less damaging than the other.
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Norwegian CCS developer wins state funding for two pre-study projects

Carbon Pulse - Mon, 2025-05-05 22:42
A Norwegian carbon capture and storage (CCS) developer has been selected to receive up to NOK 23.8 million (€2 mln) in government funding for two feasibility-stage projects.
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Push to weaken EU Habitats directive may go well beyond wolves

Carbon Pulse - Mon, 2025-05-05 22:18
Centre-right and far-right groups in the European Parliament are reportedly pushing to weaken the EU's Habitats directive, with a plenary scheduled for this week seen as critical for the future of wildlife protection across the bloc.
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Zimbabwe updates carbon trading regulations, introduces new authority and registry

Carbon Pulse - Mon, 2025-05-05 22:15
Zimbabwe has published new carbon trading regulations in a bid to attract fresh investment and align with Article 6 of the Paris Agreement, launching a new registry, clarifying mandatory project fees and revenue sharing provisions, and raising the bar for clean cooking activities permitted in the country.
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New German climate minister hails from the east

Carbon Pulse - Mon, 2025-05-05 21:42
The centre-left's pick for the new German climate minister will head up a fortified environment ministry that takes back responsibility for national and international climate policy from the energy and economic affairs, and foreign departments.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2025-05-05 21:38
European carbon prices corrected back on Monday, on course to snap last week's three-session rally, as strong renewable generation and a return to more normal auction supply, combined with easing gas prices, weighed on the market.
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OBC launches biodiversity pilot market in France

Carbon Pulse - Mon, 2025-05-05 20:07
The Paris-headquartered Organization for Biodiversity Certificates (OBC) on Monday announced the launch of a pilot biodiversity credit framework in France, aiming to back the market uptake across the country.
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South Korea to launch low-carbon naphtha cracking project, eyes decarbonisation of petrochemicals industry

Carbon Pulse - Mon, 2025-05-05 20:02
South Korea's trade ministry has decided to support a low-carbon naphtha cracking project in South Jeolla province, as part of the country's broader effort to decarbonise the domestic petrochemicals industry.
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AU Market: ACCU price inches up in response to Labor election win

Carbon Pulse - Mon, 2025-05-05 18:34
Australian Carbon Credit Unit (ACCU) prices climbed on Monday in reaction to the Labor party's weekend election win, as the market looks to what the final make-up of the Senate will mean for future climate legislation.
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WEF, GenZero launch initiative to decarbonise aviation in Asia Pacific

Carbon Pulse - Mon, 2025-05-05 17:30
The World Economic Forum (WEF) has collaborated with GenZero, a subsidiary of Singapore government-owned investment firm Temasek, to scale demand for sustainable aviation fuels (SAF) with an aim to decarbonise aviation sector in the Asia Pacific region, they announced Monday.
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COMMENT: And Yet it Burns – Climate Change, Galileo, and the late Pope Francis

Carbon Pulse - Mon, 2025-05-05 17:00
It is Friday, June 14, 2019 and I am in the Vatican waiting for the Pope to make his entrance.
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