Around The Web

First biochar project to launch on voluntary carbon registry’s new North American protocol  

Carbon Pulse - Wed, 2024-09-04 19:17
A carbon removals developer has partnered with a digital monitoring, reporting, and verification (digital MRV) provider to implement the first project using a US-based standard's recently released biochar protocol.
Categories: Around The Web

ID Market: Trade drops after July spike

Carbon Pulse - Wed, 2024-09-04 18:01
Trade on Indonesia’s carbon exchange dropped in August over July with only 176 tonnes of CO2e traded compared to the prior month’s 4,801.
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NZ govt commissioned report calls for national blue carbon strategy

Carbon Pulse - Wed, 2024-09-04 18:01
A study looking at the barriers and opportunities for coastal blue carbon projects in New Zealand has called on the government to create a national strategy for the sector, as well as foster an environment where voluntary carbon markets can operate.
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Work on Vietnam’s first flue gas CCS project announced

Carbon Pulse - Wed, 2024-09-04 18:01
An engineering company is looking to develop Vietnam’s first carbon capture storage and utilisation (CCUS) project for the country's coal-fired power plants.
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Korean securities firm secures partnership for international mitigation projects

Carbon Pulse - Wed, 2024-09-04 17:15
One of the largest securities firms in South Korea has decided to pursue international emissions reduction projects through a newly established partnership, it announced Wednesday.
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US business group gives advice to EU on CCUS, hydrogen deployment

Carbon Pulse - Wed, 2024-09-04 16:00
Carbon capture, utilisation, and storage (CCUS) and hydrogen technologies have a critical role to play in achieving the EU’s decarbonisation targets, particularly for hard-to-abate sectors, said the American Chamber of Commerce to the European Union in recommendations to the bloc's policymakers on how to accelerate deployment.
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Biochar doesn’t just store carbon – it stores water and boosts farmers’ drought resilience

The Conversation - Wed, 2024-09-04 14:05
Adding biochar to degraded soils boosts how much water soils can hold and help farmers survive droughts. Sirjana Adhikari, Associate Research Fellow in Mineral Processing, Deakin University Ellen Moon, Senior Lecturer in Environmental Engineering, Deakin University Wendy Timms, Professor of Environmental Engineering, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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PREVIEW: Washington’s Q3 auction forecasts clouded by programme uncertainty

Carbon Pulse - Wed, 2024-09-04 14:03
Market participants maintained modest expectations for the upcoming Washington Carbon Allowance (WCA) auction on Wednesday in light of the ongoing anxiety surrounding the fate of the state's cap-and-trade scheme.
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PREVIEW: Traders expect discounted RGGI Q3 auction clear, compliance participation key

Carbon Pulse - Wed, 2024-09-04 12:52
Traders favour the Q3 RGGI permit sale to clear at a discount to secondary market prices, with compliance demand a key factor determining the settlement.
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Washington CFS overhauls validation, verification in draft regulation

Carbon Pulse - Wed, 2024-09-04 10:30
Washington’s draft Clean Fuel Standard (CFS) language includes updates to its third-party verification programme and changes to credit generation, according to information published by the Department of Ecology (ECY) on Friday.
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UPDATE – Latest NZ ETS auction sees another bidless round

Carbon Pulse - Wed, 2024-09-04 10:10
The third New Zealand ETS auction for 2024 has failed to clear, with not a single bid being submitted, repeating the results of the last permit sale held in June.
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Let’s be honest: Australia’s claim to have cut climate pollution isn’t as good as it seems | Adam Morton

The Guardian - Wed, 2024-09-04 08:50

Take renewable energy out of the equation and there isn’t much else expected to reduce fossil fuel use this side of 2030

Australia has a problem with greenhouse gas emissions – a bigger problem than the political debate concedes.

Late last week, as Australians endured record August warmth and global heating-fuelled extreme rain, the federal government released data that suggest heat-trapping gases across most of the economy are currently headed in the wrong direction or yet to budge much from historic highs.

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If Australia wants to fast-track 100% renewables, it must learn from Europe’s risky path

The Conversation - Wed, 2024-09-04 06:22
Choosing speed above all else gets clean energy built. But it comes with risks. Which path should Australia take? Anne Kallies, Senior Lecturer in Energy Law, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Nice auction, but Ed Miliband is still a long way from his 2030 targets for offshore wind | Nils Pratley

The Guardian - Wed, 2024-09-04 03:55

Arithmetic over capacity does not add up, with supply chains a constraining factor

It was a “record-setting auction” and “a significant step forward in our mission for clean power for 2030”, trumpeted the energy secretary, Ed Miliband, enjoying the contrast with last year’s auction flop under the Tories in which precisely zero bids were received to build offshore windfarms.

Miliband was claiming credit when it wasn’t entirely due, of course, because this year’s competition was designed well before the general election. Some version of success was guaranteed from the moment the last government said it was prepared to pay up to £73 a megawatt hour (in 2012 prices, confusingly) for offshore wind, a mighty leap from the £44 level that produced no takers in 2023. At the higher level of incentive, developers were bound to come out to play again.

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