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Microsoft adds almost 1 mln nature-based carbon removal credits to portfolio

Carbon Pulse - Tue, 2024-06-11 23:00
Microsoft has continued to ramp up its voluntary removal purchases as part of its plan to become carbon negative by 2030, adding nearly 1 million nature-based units to its portfolio as part of a deal announced Tuesday.
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VCMI announces first ‘Platinum’ voluntary carbon claim from emerging economy

Carbon Pulse - Tue, 2024-06-11 22:31
The first company from an emerging economy, and only the second overall, has announced a Platinum Claim under the Voluntary Carbon Markets Integrity Initiative (VCMI), which certifies ‘high-integrity’ statements about corporate use of carbon credits to address residual emissions.
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Biochar carbon removal has the potential to stand the test of time -study

Carbon Pulse - Tue, 2024-06-11 22:19
Carbon stored through biochar may remain in the soil or certain materials for decades, centuries, or even millennia, making it a valid option for the upcoming EU certification methodology if stricter rules apply, according to a study.
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Managing overfishing among the most effective strategies to mitigate climate change, study says

Carbon Pulse - Tue, 2024-06-11 22:12
Halting overfishing can make a huge difference in tackling climate change, as the practice poses significant threats to the ocean's ability to store CO2 and preserve ecosystems, a study released on Tuesday has shown.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-06-11 21:47
European carbon prices were little changed at midday on Tuesday, holding steady in the relatively narrow price channel they have occupied in recent days, as traders reported technical-driven trading focused on the approaching options expiry.
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Industrial conglomerate a step closer to net zero manufacturing at Bulgarian factory

Carbon Pulse - Tue, 2024-06-11 21:23
A major European industrial conglomerate says it has taken a major step towards net zero manufacturing at a factory in Bulgaria, largely driven by energy optimisation measures.
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New insurance product protects carbon credits from political and extreme weather risks

Carbon Pulse - Tue, 2024-06-11 20:46
An insurance provider has launched a new product to safeguard the purchase of carbon credits in case they are cancelled or invalidated as a result of political risks such as regulatory changes or the impact of weather on carbon projects, it announced on Tuesday.
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Gold Standard unveils pilot for carbon crediting climate policies

Carbon Pulse - Tue, 2024-06-11 19:10
Governments will soon be able to receive emissions reductions validation via a new policy crediting pilot launched by Gold Standard on Tuesday, with the units expected to be tradable as ITMOs under Article 6 of the Paris Agreement.
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Australian soil tech developer to undertake review of carbon business after “disappointing results”, CEO departure

Carbon Pulse - Tue, 2024-06-11 19:04
An Australian soil carbon tech developer on Tuesday announced a complete review of its carbon business due to what it described as “disappointing results to date” and the departure of its managing director and CEO.
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'Worse than Scott Morrison’: Albanese on Dutton's climate 2030 target renege – video

The Guardian - Tue, 2024-06-11 17:32

Anthony Albanese says Australia is 'very much on track' to meet the Paris agreement's 2030 emissions reductions targets. Speaking at Parliament House this afternoon, he labelled opposition leader Peter Dutton’s comments about climate policy 'rather extraordinary'

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Philippines Article 6 registry operator issues call for carbon projects

Carbon Pulse - Tue, 2024-06-11 17:29
Maharlika Carbon, which hosts the Philippines’ Article 6 registry, on Tuesday issued a call for nature-based, biodiversity, renewable energy, and green technology projects across the Philippines to register on its platform for participation in environmental markets.
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Rainforest Alliance, Swiss firm team up to scale sustainable farming in Kenya

Carbon Pulse - Tue, 2024-06-11 17:00
Non-profit Rainforest Alliance and a Switzerland-based advisory company have announced a partnership to boost investments towards conservation efforts among Mount Kenya's farming communities.
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World’s top banks ‘greenwashing their role in destruction of the Amazon’

The Guardian - Tue, 2024-06-11 17:00

Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests

Five of the world’s biggest banks are “greenwashing” their role in the destruction of the Amazon, according to a report that indicates that their environmental and social guidelines fail to cover more than 70% of the rainforest.

The institutions are alleged to have provided billions of dollars of finance to oil and gas companies involved in projects that are impacting the Amazon, destabilising the climate or impinging on the land and livelihoods of Indigenous peoples.

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‘Protecting them is impossible’: raising children in a contaminated town – in pictures

The Guardian - Tue, 2024-06-11 16:00

Families in Taranto, Italy, watch their kids play in polluted soil in the shadow of a steelworks, knowing that many people there have lost their lives to cancer. Lisa Sorgini captures their struggle

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China announces first batch of qualified verifiers for CCER programme

Carbon Pulse - Tue, 2024-06-11 15:44
China on Tuesday announced the first batch of qualified bodies to conduct validation and verification work under the country's national voluntary carbon credit programme, a move that will remove hurdles for developers to proceed with their offset projects.
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Protect Windermere from sewage, campaigners urge UK party leaders

The Guardian - Tue, 2024-06-11 15:00

Open letter signed by naturalist Chris Packham and comedian Paul Whitehouse says pollution from United Utilities treatment plants is degrading lake

The next government must give Windermere greater protection from sewage pollution, campaigners including the naturalist Chris Packham and the comedian Paul Whitehouse have urged in an open letter to all party leaders.

The campaign group Save Windermere, which organised the letter, says the lake has huge ecological significance, is home to rare and protected species and brings in about £750m to the economy. But the signatories, who include the Wildlife Trust, the countryside charity the CPRE and WildFish, say it is being degraded by sewage pollution from United Utilities treatment plants.

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Peter Dutton’s latest salvo on Australia’s emissions suggests our climate wars are far from over

The Conversation - Tue, 2024-06-11 14:00
Significant diplomatic and economic repercussions would result from Australia watering down our 2030 targets. Matt McDonald, Professor of International Relations, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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New Zealand disbands agricultural industry climate group, confirms it will keep sector out of the ETS

Carbon Pulse - Tue, 2024-06-11 12:57
The New Zealand government has dumped agricultural group He Waka Eke Noa (HWEN), saying the former government’s process to price agricultural carbon emissions has failed and vowing to keep the country’s most polluting sector out of the emissions trading scheme.
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