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Bank identifies heightened investor interest in biodiversity, and ways to get involved

Carbon Pulse - Sat, 2023-02-11 04:10
An increasing number of investors are looking to integrate biodiversity into their investment frameworks, according to Morgan Stanley, one of the largest global investment management and financial services companies, describing options for portfolio integration.
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Turkey earthquake: Fault lines mapped from space

BBC - Sat, 2023-02-11 03:43
The EU's Sentinel satellite system traces how the ground ruptured during Monday's big tremors.
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Shipping firms ink deal to launch joint venture to provide EU ETS compliance services to sector

Carbon Pulse - Sat, 2023-02-11 02:19
Two shipping firms have signed an agreement to launch a joint venture to provide EU ETS compliance services to the sector.
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Global Biodiversity Framework provides “clear call to action” to financials on nature

Carbon Pulse - Sat, 2023-02-11 01:52
The Global Biodiversity Framework (GBF) can have a catalysing effect on the sector to protect and restore nature, providing a framework under which business and finance can begin to redirect capital away from negative activities towards nature-positive investment, experts from financial institutions told a webinar Thursday.
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Just Stop Oil activists who staged Silverstone protest convicted

The Guardian - Sat, 2023-02-11 01:09

Judge says protesters who ran on to track during British Grand Prix last year posed ‘risk of serious harm’

Six Just Stop Oil protesters who ran on to the track during the British Grand Prix at Silverstone last year have been convicted of causing a public nuisance.

David Baldwin, 47, Emily Brocklebank, 24, Alasdair Gibson, 22, Louis McKechnie, 22, Bethany Mogie, 40, and Joshua Smith, 29, were convicted on Friday at Northampton crown court, after the jury deliberated for eight hours and 40 minutes.

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UK science chief says new department will improve lives

BBC - Sat, 2023-02-11 00:40
The UK's new cabinet minister for science says that she will have a "relentless focus" on using research to make people's lives better.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-02-10 23:39
EUA prices posted a robust rally on Friday morning, clawing back much of the week's losses after having settled just above €90 for the four previous sessions, while energy prices ended a week-long run of losses as wind generation was forecast to drop in the coming week.
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EXCLUSIVE: Veteran carbon analyst launches venture to put physical EUAs on blockchain

Carbon Pulse - Fri, 2023-02-10 22:55
A well-known carbon analyst has launched a new venture that buys EU Allowances and turns them into digital tokens that can be traded in a virtual secondary market, offering buyers the choice of holding the permits as an appreciating asset or cancelling them to help tighten supply in the world’s largest cap-and-trade market.
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Ancient stone tools found in Kenya made by early humans

BBC - Fri, 2023-02-10 22:55
Other branches of early humans, not just ancestors of Homo Sapiens, used them to cut and crush food.
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UK must quit climate-harming energy charter treaty, experts say

The Guardian - Fri, 2023-02-10 22:00

Secret international court system enables fossil fuel firms to sue governments for lost future profits

Experts have urged the UK to leave the controversial energy charter treaty (ECT), a secret court system that enables fossil fuel companies to sue governments for huge sums over policies that could affect future profits.

The European Commission said this week that remaining part of the treaty would “clearly undermine” climate targets and that an exit by EU countries appeared “inevitable”. Seven EU countries, including France, Germany, Spain and the Netherlands, have already said they will quit the ECT.

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Toyota seeks carbon credits from Saudi solar power plant

Carbon Pulse - Fri, 2023-02-10 21:51
Japan’s Toyota Tsusho Corp. is investing in a 100MW solar power project in the Wadi ad-Dawasir region in southwestern Saudi Arabia that will generate carbon credits under the Joint Crediting Mechanism (JCM), and on Friday secured support from the government, which will co-fund the project development.
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Cacti replacing snow on Swiss mountainsides due to global heating

The Guardian - Fri, 2023-02-10 21:00

Invasive species proliferating in Valais is encroaching on natural reserves and posing a biodiversity threat

The residents of the Swiss canton of Valais are used to seeing their mountainsides covered with snow in winter and edelweiss flowers in summer. But as global heating intensifies, they are increasingly finding an invasive species colonising the slopes: cacti.

Authorities say cactus species belonging to the genus Opuntia, or prickly pears, are proliferating in parts of Valais, encroaching on natural reserves and posing a biodiversity threat.

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CN Markets: CEA price stable as policy uncertainty lingers, CCER sentiment picks up

Carbon Pulse - Fri, 2023-02-10 20:14
Spot prices remained shackled to the same level in China’s emissions market over the past week despite an uptick in the trading volume, while reported progress in setting up the nation's new CCER platform in Beijing is sparking some hope that the offset programme might be nearing a return.
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The week in wildlife – in pictures

The Guardian - Fri, 2023-02-10 18:00

The best of this week’s wildlife pictures, including rescued flamingoes, fighting gulls and a huge crocodile

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Corporate sustainability group releases guide for hydrogen to align with net zero

Carbon Pulse - Fri, 2023-02-10 17:43
A CEO-led group focussed on sustainability released a set of guidelines on Thursday to help companies include alignment with 1.5C criteria to their investment decisions for hydrogen projects.
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EU leaders unite to usher in new era of green subsidies

Carbon Pulse - Fri, 2023-02-10 17:35
EU leaders gave the green light to the European Commission’s Green Deal Industrial Plan in the early hours of Friday at a summit in Brussels, seeking to bolster the bloc's global competitiveness on clean technologies as major trading partners scale up support.
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Japan destined for domestic emissions trading scheme as Cabinet approves GX policy

Carbon Pulse - Fri, 2023-02-10 17:34
Japan's Cabinet on Friday approved its basic GX plan, a 10-year roadmap for the country towards realising decarbonisation, including initial arrangements for a domestic carbon pricing scheme that will transition to a full-fledged emissions trading system from 2033.
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Australia Market Roundup: ACCUs issued to just one project, as minister seeks to curb LNG exports

Carbon Pulse - Fri, 2023-02-10 17:14
The Clean Energy Regulator has issued its lowest number of Australian Carbon Credit Units (ACCUs) in recent months, as the federal government released a consultation that would see its resource minister have sweeping powers over the country’s LNG export market.
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Britain is addicted to the wrecking ball. It’s trashing our heritage and the planet | Phineas Harper

The Guardian - Fri, 2023-02-10 17:00

The obliteration of 50,000 buildings a year is crass vandalism – and cost-effective, low-carbon alternatives are being ignored

Last month, residents of the Wyndford estate in Glasgow barricaded themselves in their flats in a last-ditch attempt to save their homes from demolition. The 600 socially rented dwellings, designed by Ernest Buteux and sitting next to the River Kelvin, were denied listed building status in January, and will now make way for a development of half as many homes – and triple the rental value.

Wheatley, formerly called Glasgow Housing Association, has been demolishing social homes in Scotland for decades. In 2014, Wheatley even planned to “wow the world” by dynamiting 1,326 social homes during the Commonwealth Games opening ceremony. Footage of the dwellings being reduced to rubble was to be beamed on to a giant screen in Celtic Park Stadium and broadcast live on TV. The idea was dropped , having provoked international ridicule, but the estate was razed to the ground shortly after the games, and a decade later remains a fenced-off heap of rubble.

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Japanese company launches forest carbon credit programme in the Philippines

Carbon Pulse - Fri, 2023-02-10 16:46
A major Japanese conglomerate has teamed up with government, business, and academic partners in the Philippines to establish the nation’s first reforestation-based carbon credit project.
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