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A Montreal-headquartered carbon removal company announced Thursday that it will deploy a direct air capture (DAC) unit from an Amsterdam-based firm to scale the emerging technology in Canada.

EU member states are still lagging behind on reflecting Paris Agreement goals in export credit policies in what is a disregard for the climate decision they made two years ago, a report showed on Thursday.

Problems with calculating how much charcoal an improved cookstoves carbon project uses could be consigned to the past with the launch of a new hydrogen-powered portable cooker that promises zero emissions, with plans to generate voluntary credits from the mitigation.

Concerns that the world’s biggest climate investor group’s approach breaches US antitrust and securities law have been overstated, a report by a financial services company said on Thursday.

US will be the least affected of most major economies by the EU’s Carbon Border Adjustment Mechanism (CBAM) and some its exports may even benefit from it, according to an analysis by a US-based non-profit organisation.

The electricity sector has joined forces with EU industries to simultaneously boost Europe's decarbonisation and competitiveness, with an official ceremony taking place on Thursday.

The Global Carbon Council (GCC) launched Thursday its wide-ranging carbon capture and storage (CCS) methodology after completing a consultation process that started in November.

The ethics adviser to Norway’s sovereign wealth fund has engaged with mining giant Rio Tinto about the impact of a Brazilian organisation on deforestation.

Residential rooftop solar installations have soared across the EU since 2022, outpacing many governments' policies and readiness, according to a report released on Thursday.

Malaysia is designing a carbon crediting system specifically for its forestry sector that it hopes to release before the country’s national steering committee in the second quarter of this year, the government body responsible for the mechanism said.

Six organisations have published an open letter to the Voluntary Carbon Markets Integrity Initiative (VCMI), urging it to refrain from allowing companies to use voluntary carbon credits to address Scope 3 emissions.

The sixth ministerial meeting of the EU-US Trade and Technology Council (TTC) takes place on Thursday and Friday in the university town of Leuven in Belgium, with cooperation on green technologies and raw materials high on the agenda.

First production recorded at what will be the biggest wind farm in South Australia, as concrete foundations also complete.

The post Generation starts at what will be South Australia’s biggest wind farm appeared first on RenewEconomy.

Power generation from EU fossil plants fell to even lower levels in the first three months of 2024 than seen last year, data showed, as EUA market participants mulled the impact of an extended collapse in demand for permits from the sector.

A project to reduce enteric methane emissions in Brazil through administering feed additive to cows should enter its pilot phase next month, led by a Santander-backed climate consultancy turned developer, which is also moving into the REDD+ voluntary carbon market.

The Scottish government is consulting on whether to legislate incentivising nature restoration on private land through financial support and advice.

Africa's critical minerals mining boom could wipe out more than one-third of the continent's ape population, with short-term offset plans failing to compensate for negative impacts, researchers have found.

European carbon prices showed little reaction on Thursday morning to the publication last night of verified emissions data for 2023, despite a larger-than-predicted drop, with prices garnering support from a firmer TTF gas market, and a modest reduction in investment funds' short positioning also failing to trigger a definite price reaction.

The US Environmental Protection Agency (EPA) on Thursday announced the allocation of $20 billion in grants from the $27-bln Greenhouse Gas Reduction Fund (GGRF) to mobilise private investment in clean energy and other climate action, with the funding awarded to eight initiatives selected from two nationwide competitions.

Japan has issued a call for business proposals under the Joint Crediting Mechanism (JCM) with a total budget of 12.8 billion yen ($84.37 mln) for projects starting from this year, as the government aims to boost the supply of carbon credits under the bilateral framework.