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Biorefinery firm finalises CCS agreements for its Nebraska facilities

Carbon Pulse - Thu, 2024-06-20 09:40
A US biorefinery firm on Tuesday announced it has finalised agreements and equipment orders to deploy carbon capture and storage (CCS) with a 1.2 million tonne capacity at its Nebraska plants.
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Over 80% of rich countries fail to meet fair share of biodiversity financing target, report shows

Carbon Pulse - Thu, 2024-06-20 09:01
Only two out of 28 rich countries have allocated what is estimated as their fair share of the resources for biodiversity required under the Global Biodiversity Framework (GBF), while over 80% of them provided less than half of it, according to a report released Thursday.
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Hidden emissions from CCUS push could derail the UK’s net zero strategy -think tank

Carbon Pulse - Thu, 2024-06-20 09:01
A drive to scale carbon capture utilisation and storage (CCUS) projects, including 'blue' hydrogen and gas with abatement, could lead to increased demand for LNG imports, which in turn would cause the UK to exceed its carbon budget, research by a financial climate think tank has found.
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Veteran North American carbon, energy trader joins European utility

Carbon Pulse - Thu, 2024-06-20 08:50
A veteran North American carbon and energy sales trader has joined one of Europe's largest utilities.
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Study highlights untapped, understudied potential of temperate peat-forming wet woodlands for climate mitigation

Carbon Pulse - Thu, 2024-06-20 08:31
Wet woodlands not only store substantial amounts of carbon in both tree biomass and underground peat, but also offer natural flood protection and bolster biodiversity, according to a new study.
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Germany’s climate fund is drying up, think-tank warns

Carbon Pulse - Thu, 2024-06-20 08:20
Germany’s “Climate and Transformation Fund” (KTF) is nearing breaking point, putting the federal government in front of hard decisions, according to a study by the Berlin-based Mercator Research Institute on Global Commons and Climate Change (MCC) published on Wednesday.
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Petitioners request US federal appeals court to rescind SEC climate disclosure rules

Carbon Pulse - Thu, 2024-06-20 08:17
Opponents of the US Securities Exchange Commission’s (SEC) climate disclosure rules have asked a federal appeals court to revoke the regulation altogether, just months after the agency issued a stay to resolve mounting legal challenges.
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Hybrid cars are having a moment – even though they’re dirtier than we think. What’s behind their popularity?

The Conversation - Thu, 2024-06-20 06:19
Hybrid vehicles are having a real moment in Australia and overseas. The problem is, they’re not as clean as we think. Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology Licensed as Creative Commons – attribution, no derivatives.
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France urged to step in to spur TotalEnergies’ transition from oil

The Guardian - Thu, 2024-06-20 03:12

Commission recommends 33-point plan to ensure oil giant complies with state climate commitments

The French government should intervene in TotalEnergies and spur faster climate action, a senate inquiry commission has concluded.

The commission, set up to explore ways the state could guarantee that the oil conglomerate complies with French climate commitments, recommended 33 steps the government should take to “encourage a rapid, orderly and effective transition”.

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Funds sue CME in multi-million dollar lawsuit due to voluntary carbon product changes in wake of CORSIA decision

Carbon Pulse - Thu, 2024-06-20 02:43
The change in credits eligible for the current phase of CORSIA, the UN’s international aviation offsetting scheme, compared to its pilot, has triggered a $155.4 mln lawsuit against CME Group after it altered eligibility for its GEO futures contract.
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US foundation allocates over $33 mln to restore longleaf pine forests

Carbon Pulse - Thu, 2024-06-20 01:31
A US-headquartered foundation has announced the allocation of $33.5 million in grants to finance the conservation and restoration of longleaf pine forests in eight southern states.
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INTERVIEW: Investors chilled by noise of European Green Deal unravelling

Carbon Pulse - Thu, 2024-06-20 01:27
As competition with China and the US intensifies on clean tech, the EU must stay the course on the Green Deal and make sure it is implemented by filling the remaining gaps in areas like finance and electrification of end-uses, says Iberdrola’s director for climate, Gonzalo Saenz de Miera.
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EU Commission earmarks larger budget for 2025, but climate action sum unchanged

Carbon Pulse - Thu, 2024-06-20 01:23
Expense for environment and climate action in the EU will remain the same as last year, although the general budget is growing, according to allocations for 2025 proposed by the European Commission on Wednesday.
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Biochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market

Carbon Pulse - Thu, 2024-06-20 01:14
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
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‘No credible reason’ to expect cheaper power bills under Peter Dutton’s nuclear energy plan, experts say

The Guardian - Thu, 2024-06-20 01:00

Tony Wood of the Grattan Institute rejects Coalition’s claim electricity prices are high due to Labor’s renewables policy

Peter Dutton’s claim that nuclear energy would lead to cheaper power bills has been rejected by energy experts, with one saying there was “no credible reason” to think adding “the most expensive form of bulk electricity” would cut prices.

They said a range of evidence, including a recent CSIRO analysis, suggested nuclear power would be more expensive than other options, and that solar and wind system under construction – supported by firming technology – was the cheapest option.

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EU must manage social impacts of carbon pricing, business group warns

Carbon Pulse - Thu, 2024-06-20 01:00
A briefing released today by the Corporate Leaders Group (CLG) Europe following EU elections earlier this month, makes the case for a "social deal" and an "industrial deal" alongside the Green Deal, to manage the transition to a net-zero economy. 
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Activists spray Stonehenge with orange powder paint ahead of summer solstice – video

The Guardian - Thu, 2024-06-20 00:37

Two people have been arrested after Just Stop Oil activists sprayed orange powder paint over Stonehenge. Members of the public tried to stop the incident and a visitor managed to wrestle a spray can from one of the protesters. According to Wiltshire police, two people have been arrested. The prime minister condemned the incident, saying: 'This is a disgraceful act of vandalism to one of the UK's and the world's oldest and most important monuments.'. Just Stop Oil says it took the action to demand the incoming government sign up to a legally binding treaty to phase out fossil fuels by 2030

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