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RGGI Market: Warmer forecasts for US Northeast spur RGAs higher
RGGI Allowance (RGA) values reversed course and lifted higher week-over-week for the first time in a month, with warmer July temperatures forecast for the Northeast region.
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California power emissions continue decline through May on hydro boom
California electricity sector CO2 output dove considerably over the first two months of the second quarter as wet weather took a sizable bite out of natural gas usage and crashed imported volumes, data published Friday showed.
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VCM Report: Carbon credit prices drift sideways as retirement levels slip lower
Avoidance credit prices were little changed over the past week amid a slowdown in retirements, while confidence was knocked after Verra suspended the further issuance of credits from a well-known REDD avoided deforestation project following comments during a public consultation.
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South Pole veteran joins French utility as environmental product head, global asset manager hires North American carbon trader
A long-time employee of climate consultancy South Pole on Monday joined the trading arm of a French power company, while a seasoned North America-based carbon trader started at a London-headquartered investment manager, Carbon Pulse has learned.
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Marshall Islands, a nation at the heart of global shipping, fights for climate justice
Rising sea levels threaten the low-lying island nation with the world’s third-largest shipping register. That’s why it’s leading efforts to cut shipping emissions in an equitable way.
Christiaan De Beukelaer, Senior Lecturer in Culture & Climate, The University of Melbourne
Licensed as Creative Commons – attribution, no derivatives.
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Environmental trust, big insurer team up to restore UK saltmarshes
An environmental trust and a large insurance company have partnered in a landmark project to restore saltmarshes across the UK, aiming to leverage the natural climate-fighting capacities of these wetlands.
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Halving global shipping’s emissions by 2030 would not impact trade -study
Halving global shipping’s greenhouse gas emissions by 2030 would not impact global trade, according to an NGO-commissioned report published on Monday as government negotiators arrive in London for talks on revising the sector's climate goals.
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EU auditors warn that lack of data puts 2030 climate target under threat
A lack of data and transparency on member state climate policies and actions could hinder progress in hitting the EU's 2030 emissions reduction target, the bloc's financial watchdog warned on Monday as a new EU climate observatory is set up that could help monitor progress.
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Bioenergy no better than fossil fuels without carbon price in place, say researchers
Researchers have cautioned that soaring demand growth for bioenergy must fall under a carbon pricing system to ensure protection of forests and other land, else the fuel risks emissions factors even higher than some fossil fuels.
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Nature initiative targets eight sectors for action, outlines investor expectations
The Nature Action 100 institutional investor initiative on Monday identified eight sectors it will engage with on nature and biodiversity and released a list of actions it expects corporations in those industry to take.
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Gorillas, jaguars and other wildlife vulnerable to human activity even in nature reserves
Research finds tropical mammals suffer impact of deforestation even if they live in protected areas
Wildlife sanctuaries fail to fully protect tropical animals from harmful human activities, a major study has found.
Mammals including the jaguar, the mountain gorilla, and the Sunda pangolin were all found to be affected by human activities, even when they resided in the depths of a nature reserve.
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Euro Markets: Midday Update
European carbon prices shrugged off an early jump and resumed their weaker trajectory on Monday morning as most markets absorbed the weekend news from Russia and pared early gains.
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Japan kicks off Asian zero carbon initiative
Japan over the weekend held the first meeting for senior officials under the Asia Zero Emission Community (AZEC), a regional initiative to decarbonise the region where it intends to use the Joint Crediting Mechanism (JCM) to drive hydrogen, ammonia, and carbon capture and storage (CCS) developments.
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UK intends to build removals business case with carbon market integration in focus
The British government will prioritise the integration of removals into both its domestic Emissions Trading Scheme as well as international carbon markets when developing a business model for scaling such technologies, it said in a published consultation response on Monday.
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Korean market participants call on regulator to bolster voluntary, compliance carbon markets
South Korea's market regulator should step in to support demand and safeguard quality in the nation's emerging voluntary market as well as in the ETS, according to market participants.
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International body publishes global rules to clamp down on corporate greenwashing
The International Sustainability Standards Board (ISSB) published its inaugural set of G20-backed global rules designed to help regulators crack down on greenwashing and improve trust and confidence in corporate disclosures.
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Bloomberg-backed climate data project tests work with national financial regulator
A platform building an open-access global climate transition-related data is to work with a national financial regulator to test the structure ahead of its launch at November’s COP28 UN climate talks.
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Australian govt, CER hit back against damning study
The Australian government and the Clean Energy Regulator have refuted claims made by a new study that suggested that up to 25 million Australian Carbon Credit Units (ACCU) from historic human-induced regeneration projects were junk.
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Wind farm noise and infrasound do not affect sleep, new studies say
Wind farm noise is as disruptive as road traffic noise, Flinders University researchers find.
The post Wind farm noise and infrasound do not affect sleep, new studies say appeared first on RenewEconomy.
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NZ Market: NZU price falls 9% in Monday trade as Maori trade group “vindicated” by market crash
The spot price for NZUs fell by nearly 10% on Monday as the market continues its free fall following the release of a consultation on the redesign of the ETS.
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