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Major Japanese bank partners with GenZero to fund coal plant closures in Asia

Carbon Pulse - Thu, 2025-02-20 17:40
A Japanese bank on Thursday partnered with GenZero, a subsidiary of Singaporean government-owned investment firm Temasek, to develop transition credits for accelerating early retirement of coal-fired power plants in Asia.
Categories: Around The Web

Australia announces A$1-bln green iron fund

Carbon Pulse - Thu, 2025-02-20 15:51
Australia’s Labor government has announced A$1 billion ($634 million) to develop green iron in the country, with up to half of that going to save South Australia’s Whyalla Steelworks, which was put into administration this week after its billionaire backer failed to make repayments to the state government. 
Categories: Around The Web

Fog harvesting could provide water for arid cities

BBC - Thu, 2025-02-20 15:13
Research in Chile could help to provide drinking water for some of the world's most arid places.
Categories: Around The Web

Europe greenwashing with north Africa’s renewable energy, report says

The Guardian - Thu, 2025-02-20 15:00

Greenpeace argues European-backed projects hamper countries’ ability to decarbonise their own economies

European countries are extracting renewable energy from Morocco and Egypt to “greenwash” their own economies, while leaving north Africans reliant on dirty imported fuels and paying the environmental costs, a Greenpeace report says.

Both Morocco and Egypt are aiming to leverage their strategic locations south of the Mediterranean, and their solar and wind power potential, to position themselves as pivotal to Europe’s quest to diversify its energy supply.

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Categories: Around The Web

Households are burning plastic waste as fuel for cooking and heating in slums the world over

The Conversation - Thu, 2025-02-20 14:15
Burning plastic as fuel for cooking and heating releases toxic chemicals into the air and contaminates food. Yet this is common in many parts of the world. Bishal Bharadwaj, Adjunct Research Fellow, Curtin Institute for Energy Transition, Curtin University Peta Ashworth, Professor and Director, Curtin Institute for Energy Transition, Curtin University Pramesh Dhungana, Lecturer, Faculty of Science and Engineering, Curtin University Licensed as Creative Commons – attribution, no derivatives.
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North American Clean Fuels Markets: LCFS credit prices plummet amid regulatory disapproval

Carbon Pulse - Thu, 2025-02-20 13:10
California Low Carbon Fuel Standard (LCFS) credit prices plunged on Wednesday after regulator ARB announced that the state administrator had rejected programme updates, casting uncertainty over the implementation timeline of changes.
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Rio to limit carbon credits use to 10% of its 2030 emissions target, rules out SMCs, climate report says

Carbon Pulse - Thu, 2025-02-20 12:03
Miner Rio Tinto will now use carbon credits to meet some 10% of its 2030 climate targets, and will rule out using Safeguard Mechanism Credits (SMCs) to meet its Australian compliance obligations. 
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Nova Scotia clears way for fossil fuel, critical minerals development in net zero pursuit

Carbon Pulse - Thu, 2025-02-20 11:21
Development of onshore gas and uranium would support Nova Scotia’s ambitions for a global net zero by 2050, according to legislation introduced Tuesday by the province’s minister of natural resources.
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BRIEFING: Proposed changes to Washington ETS could jeopardise near-term climate goals, agency says

Carbon Pulse - Thu, 2025-02-20 10:34
Newly proposed changes to Washington’s cap-and-invest programme that would increase near-term GHG allowances to make compliance easier may jeopardise the state’s 2030 and 2040 climate goals, legislators heard at a hearing, but stakeholders warned of affordability concerns.
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Canada’s environment ministry addresses concerns over new DAC offset protocol

Carbon Pulse - Thu, 2025-02-20 10:02
Environment and Climate Change Canada (ECCC) addressed questions regarding its recently published direct air capture (DAC) and CO2 storage protocol for federal offset credits during a webinar on Wednesday.
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Indonesia’s captive coal needs reform, think tank says

Carbon Pulse - Thu, 2025-02-20 10:01
Indonesia’s expansion of its less regulated captive coal sector will drive up emissions, cost more money, and hamper its transition to renewable energy, a think tank wrote Thursday.
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