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UK set to miss target for electric cars after government delayed ban on new fossil fuel sales

Carbon Pulse - 4 hours 57 min ago
The UK car industry is on course to miss its legal net zero target after sales of electric vehicles to private buyers tumbled, warns the Society of Motor Manufacturers and Traders (SMMT), the UK car manufacturing association.
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Uniper posts 12% drop in EU ETS-covered fossil burn

Carbon Pulse - 6 hours 22 min ago
Uniper's fossil-based power generation covered by the EU carbon market fell 12% in Q1, year-on-year, the utility reported Tuesday in quarterly results.
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Soil assessments critical for tracking progress of nature restoration projects, expert says

Carbon Pulse - 6 hours 34 min ago
Underestimating soil health when tracking the progress of nature restoration projects could lead to unreliable or incomplete assessments, a biodiversity expert with infrastructure consultants AECOM has said.
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Puro consults on updating biochar carbon removal methodology

Carbon Pulse - Tue, 2024-05-07 23:39
Puro.earth is set to revise its methodology for crediting voluntary carbon removals from biochar projects and is inviting feedback on the current text before opening a three-week long public consultation in July.
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PREVIEW: Carbon credits to assume central role at Paris clean cooking summit

Carbon Pulse - Tue, 2024-05-07 22:28
A clean cooking summit due to be held in Paris next week, organised by the International Energy Agency, will place a significant focus on voluntary carbon markets as governments and private sector stakeholders seek to address current gaps in climate finance flows to Africa.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-05-07 22:07
European carbon prices dropped steeply on Tuesday morning amid robust selling as traders took profit after EUAs failed to breach the psychologically important €75.00 level for a third time, while energy markets also drifted as forecasts called for higher temperatures later this week.
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Ecosystem Condition Protocol to launch draft at COP16

Carbon Pulse - Tue, 2024-05-07 21:55
An Ecosystem Condition (EC) Protocol for standardising the measurement of ecosystem conditions across corporate reporting and biodiversity markets, with a similar format to the Greenhouse Gas (GHG) Protocol, aims to launch a draft version this year.
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EU grids should more than double in order to meet Paris Agreement goals -report

Carbon Pulse - Tue, 2024-05-07 21:18
Collective grid capacity across 25 EU member states needs to more than double by 2035 in order to meet the Paris Agreement goal to keep global warming below 1.5C, according to research published on Tuesday.
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UK public invited to dance for worms to help assess soil health

The Guardian - Tue, 2024-05-07 21:00

Charity asks people to charm worms to the surface and count their numbers to contribute to worm map of UK

Dancing for worms may seem an odd pursuit, but an environment charity is calling for people across the UK to charm the creatures from the depths in order to count them.

The Soil Association is trying to get a nationwide picture of worm abundance, to track their decline and see where they need the most help.

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High monitoring costs seen hindering nature restoration efforts in Latin America

Carbon Pulse - Tue, 2024-05-07 20:33
Nature restoration practices across Latin America lack effective tools to quantify their outcomes due to prohibitive monitoring costs, which hamper the long-term success of the projects, a study has revealed.
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G20 countries urged to align their bioeconomy efforts

Carbon Pulse - Tue, 2024-05-07 20:28
G20 countries are advancing their efforts to scale 'bioeconomy' as a means to promote sustainable models that foster biodiversity conservation, though actions must be taken to enhance convergence and comparability between different national approaches, a study has said.
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UN expert attacks ‘exploitative’ world economy in fight to save planet

The Guardian - Tue, 2024-05-07 20:00

Outgoing special rapporteur David Boyd says ‘there’s something wrong with our brains that we can’t understand how grave this is’

The race to save the planet is being impeded by a global economy that is contingent on the exploitation of people and nature, according to the UN’s outgoing leading environment and human rights expert.

David Boyd, who served as UN special rapporteur on human rights and the environment from 2018 to April 2024, told the Guardian that states failing to take meaningful climate action and regulating polluting industries could soon face a slew of lawsuits.

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Oil-rich Kazakhstan joins global carbon pricing alliance

Carbon Pulse - Tue, 2024-05-07 19:20
Kazakhstan has become the latest country to join the Global Carbon Pricing Challenge (GCPC) – an initiative aiming to cover 60% of the world’s emissions with carbon pricing by 2030 – the Central Asian nation announced Tuesday.
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South Korea to consider carbon credit-linked loan product

Carbon Pulse - Tue, 2024-05-07 18:51
Government agencies in South Korea will start a discussion around a carbon finance product that allows companies to repay loans with carbon credits, according to local media reports.
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Eight voluntary carbon standards update crediting programmes seeking CORSIA eligibility

Carbon Pulse - Tue, 2024-05-07 18:23
ICAO, the UN agency that operates CORSIA, has confirmed the eight voluntary carbon standards that submitted material updates to crediting programmes as they seek eligibility for the current phase of the UN's international aviation offsetting scheme.
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OECD adds pressure on NZ government to reform ETS

Carbon Pulse - Tue, 2024-05-07 17:32
The Organisation for Economic Co-operation and Development (OECD) has joined the chorus of voices calling for reforms to New Zealand’s emissions trading scheme alongside addressing emissions in the agriculture sector, it said in an annual survey.
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