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National Geographic lifts anchor on five-year Pacific Ocean conservation expedition

Carbon Pulse - Thu, 2023-05-25 04:00
A five-year ocean expedition set sail on Wednesday under National Geographic Pristine Seas that will see a team of international experts promote ocean protection in the tropical Pacific, providing video links to underwater landscapes and supporting local conservation efforts.
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Carbon markets best route to fund transition away from coal, say finance experts

Carbon Pulse - Thu, 2023-05-25 02:28
Using carbon markets to fund the global transition away from coal-fired power generation will require a carbon credit price of at least $10-20, but likely much higher, a conference heard on Wednesday.
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Fast-growing chickens: Judge dismisses 'Frankenchickens' farming welfare case

BBC - Thu, 2023-05-25 01:57
A high court judge dismisses a legal challenge over the welfare of fast-growing chickens on farms.
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Majority of investor votes since 2010 are against biodiversity resolutions -report

Carbon Pulse - Thu, 2023-05-25 01:10
Large investment funds have consistently voted against measures to protect biodiversity at shareholder meetings, a report has found, with proposals supporting nature receiving support of less than 40% of votes cast since 2010 across those analysed.
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Brain implants help paralysed man to walk again

BBC - Thu, 2023-05-25 01:04
A paralysed man has been able to walk simply by thinking about it, thanks to electronic brain implants
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Perrottet government plan to end native logging in NSW was blocked by Nationals

The Guardian - Thu, 2023-05-25 01:00

Exclusive: ‘Ready-to-be-activated’ roadmap adds pressure to Minns government to follow lead of other states in ending controversial practice

The Perrottet government found native logging could be ended in New South Wales without costing the budget but opposition from the Nationals blocked the proposal.

A plan to end the controversial and loss-making practice of timber extraction from native forests was prepared by the environment department by October 2022.

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Carbon pricing rollout approaching “tipping point” as political momentum builds

Carbon Pulse - Thu, 2023-05-25 00:38
The introduction of carbon pricing may be about to rapidly expand across developing countries a conference heard Wednesday, as more and more low-and middle-income economies are now actively implementing or considering taxes and emissions trading schemes.
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Emissions trading participants temper expectations for pace of carbon price increases

Carbon Pulse - Thu, 2023-05-25 00:11
Participants in emissions trading mechanisms worldwide have moderated their price expectations compared to a year ago but are optimistic that reforms will drive compliance carbon values higher in the future, according to an annual survey published on Wednesday, while voluntary carbon market (VCM) stakeholders are confident that the sector will grow to meet increasing demand.
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NSW renewable zones face delays and cost blowouts as questions hang over Eraring

RenewEconomy - Thu, 2023-05-25 00:01

NSW reveals delays in timing of new renewable zones, and some cost blowouts, raising questions about closure date for Eraring and pace of green energy transition.

The post NSW renewable zones face delays and cost blowouts as questions hang over Eraring appeared first on RenewEconomy.

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Euro Markets: Midday Update

Carbon Pulse - Wed, 2023-05-24 23:08
European carbon prices drifted for a third day on Wednesday, falling below a key technical level as traders awaited exchange data showing market positioning, while natural gas prices declined to near their recent 17-month lows in thin trading.
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Per tonne CO2 payments can broaden from “projects” to “policies” -report

Carbon Pulse - Wed, 2023-05-24 23:02
Most carbon credits and results-based payments hinge on individual emissions mitigation projects, but methodologies exist to extend this model to government-run climate policies, where payments linked to the latter would help accelerate these types of broad-reaching climate actions.
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African minister calls for “integrity index” and ratings agency for global carbon markets

Carbon Pulse - Wed, 2023-05-24 21:33
The environment minister of an African nation told an event Wednesday that the best way to utilise carbon markets to save rainforests would be to establish an "integrity index" overseen by a global ratings agency, which could address both sovereign and voluntary carbon needs.
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EU’s centre-right seeks to block nature restoration law in Parliament

Carbon Pulse - Wed, 2023-05-24 21:19
A law to restore 20% of the EU’s nature is at risk of being blocked in the European Parliament by a coalition of centre-right political groups, as a vote in favour of felling the bill passed by a slim majority in an interim committee ballot on Wednesday.
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Plastic waste puts millions of world’s poorest at higher risk from floods

The Guardian - Wed, 2023-05-24 20:59

More than 200 million face more intense and frequent floods due to plastic pollution blocking drainage systems, report finds

A devastating 2005 flood that killed 1,000 people in the Indian city of Mumbai was blamed on a tragically simple problem: plastic bags had blocked storm drains, stopping monsoon flood water from draining out of the city.

Now a new report, attempting to quantify this problem, estimates that 218 million of the world’s poorest people are at risk from more severe and frequent flooding caused by plastic waste.

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SBTN launches first science-based targets for nature

Carbon Pulse - Wed, 2023-05-24 18:33
The Science Based Targets Network (SBTN) on Wednesday launched methods for companies to set targets for ecosystem protection and restoration, freshwater use, and freshwater pollution, with 17 global firms to pilot the methods ahead of a general launch next year.
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‘Worthless’: Chevron’s carbon offsets are mostly junk and some may harm, research says

The Guardian - Wed, 2023-05-24 18:00

Exclusive: investigation finds energy giant’s efforts to offset its huge emissions rely on schemes with little impact

A new investigation into Chevron’s climate pledge has found the fossil-fuel company relies on “junk” carbon offsets and “unviable” technologies, which do little to offset its vast greenhouse gas emissions and in some cases may actually be causing communities harm.

Chevron, which reported $35.5bn in profits last year, is the US’s second-largest fossil fuel company with operations stretching from Canada and Brazil to the UK, Nigeria and Australia.

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Europe’s grassland butterfly population down more than a third in 10 years

The Guardian - Wed, 2023-05-24 16:00

Decline worse in Britain than other countries, as conservationists blame agriculture and global heating

Butterfly populations that live on grasslands across Europe have declined by more than a third in the past decade, according to a study.

Seventeen species that were once commonly found in pastures and meadows across 22 countries, including the small copper, common blue and meadow brown, declined by 36% on average between 2011 and 2020.

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Green hydrogen taskforce links Australia and India in race to renewable fuel

RenewEconomy - Wed, 2023-05-24 15:50

Anthony Albanese at the National Press Club, Canberra. AAP Image/Mick TsikasIn an industry-led push, the two countries agreed to share expertise and ideas in a new taskforce.

The post Green hydrogen taskforce links Australia and India in race to renewable fuel appeared first on RenewEconomy.

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Indonesia’s carbon buffer rules creating uncertainty for voluntary project developers, investors

Carbon Pulse - Wed, 2023-05-24 15:43
Indonesia’s regulations on taking a portion of carbon projects’ credits is creating uncertainty for proponents, given the slim investment rates of return on projects that could be upended by the rule, a developer has told Carbon Pulse.
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Melbourne community group looking for home after winning funds for inner city battery

RenewEconomy - Wed, 2023-05-24 15:26

Working out where to put the 120kW battery in densely built Richmond might be the most difficult part of the process.

The post Melbourne community group looking for home after winning funds for inner city battery appeared first on RenewEconomy.

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