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Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk

The Conversation - Tue, 2025-04-01 10:50
Supercritical geothermal is worth exploring and drilling might soon be technically feasible. But its value will be limited if wind and solar energy costs continue to fall. David Dempsey, Associate Professor in Natural Resources Engineering, University of Canterbury Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

USDA releases $537 mln for biofuel infrastructure obligated through IRA

Carbon Pulse - Tue, 2025-04-01 10:06
The US Department of Agriculture (USDA) released funds obligated through the Inflation Reduction Act (IRA) totalling $537 million for biofuel infrastructure projects on Monday.
Categories: Around The Web

WCI Markets: WCA outlook muddled by California’s rulemaking, legislative shifts in Washington

Carbon Pulse - Tue, 2025-04-01 09:56
Washington Carbon Allowance (WCA) prices will likely continue their trend upward heading into linkage with WCI partners, but forecasts are clouded by legislative shifts and California’s considerations for programme revisions, North American Carbon World (NACW) heard last week.
Categories: Around The Web

Canadian cleantech firm sells stake in carbon credit originator for C$7.5 mln

Carbon Pulse - Tue, 2025-04-01 08:26
A Canadian cleantech firm has sold its majority stake in a carbon credit origination and streaming firm for around C$7.5 million ($5.2 mln).
Categories: Around The Web

RGGI Market: RGAs break through $23 absent CCR volumes, awaiting regulatory movement

Carbon Pulse - Tue, 2025-04-01 08:23
RGGI allowance (RGA) prices continued to rise last week breaking and holding above the $23 threshold in thin trading in the absence of the Cost Containment Reserve (CCR) buffer and awaiting regulatory clarity on programme changes.
Categories: Around The Web

US hydrogen hubs could become ‘superhubs’ in global network -report

Carbon Pulse - Tue, 2025-04-01 08:12
Hydrogen hubs in the US have the potential to become “superhubs” with large demand, supply, and import capacities that will act as nodes of the global hydrogen industry, according to a report released this month by an oil and gas industry organisation.
Categories: Around The Web

Finland nears coal exit with closure of Helsinki’s Salmisaari plant

Carbon Pulse - Tue, 2025-04-01 08:01
Finland is poised to become virtually coal-free years ahead of schedule, as utility Helen shut down its 177 MW Salmisaari coal plant in Helsinki on Tuesday, marking a landmark moment in the country’s clean energy transition.
Categories: Around The Web

Canadian non-profits call for cancellation of common forest management pesticide

Carbon Pulse - Tue, 2025-04-01 07:50
A collection of Canadian non-profits dedicated to safe food and forest management are calling on the federal government to cancel the use of a common forest pesticide.
Categories: Around The Web

Washington ECY commences new rulemaking for cap-and-trade linkage to include additional topics

Carbon Pulse - Tue, 2025-04-01 07:26
The Washington Department of Ecology (ECY) on Monday announced a new linkage rulemaking to update the state’s cap-and-trade programme, replacing an earlier attempt to align ongoing developments and address a wider range of topics.
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Environmental groups sue New York for delaying economy-wide ETS regulations

Carbon Pulse - Tue, 2025-04-01 07:15
A coalition of environmental groups filed a complaint on Monday against New York's environment ministry for alleged sudden and inexplicable delays in releasing regulations set by its climate law over five years ago.
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From trading nutrients to storing carbon: 5 things you didn’t know about our underground fungi

The Conversation - Tue, 2025-04-01 04:55
Most of Australia’s plants rely on a hidden underground network of fungi for water and minerals. They could be in trouble – but we don’t have the data to know Adam Frew, Lecturer in Mycorrhizal Ecology, Hawkesbury Institute for the Environment, Western Sydney University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Under a Coalition government, the fate of Australia’s central climate policy hangs in the balance

The Conversation - Tue, 2025-04-01 04:50
Both major parties agree Australia must reach net-zero emissions. That’s why winding back the safeguard mechanism would be reckless policy. Felicity Deane, Professor of Trade Law, Taxation and Climate Change, Queensland University of Technology Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Brazilian development bank, oil giant launch carbon credit initiative to support Amazon restoration

Carbon Pulse - Tue, 2025-04-01 04:32
Brazil's national development bank and a state-owned oil giant launched an initiative Monday to support forest restoration in the Amazon via carbon credits, aiming to capture approximately 15 million tonnes of CO2.
Categories: Around The Web

US waste management firm launches carbon division for biochar credit generation

Carbon Pulse - Tue, 2025-04-01 04:19
A Colorado-based waste management company on Monday announced its launch of a division focused on in-house biochar production for credit generation.
Categories: Around The Web

EU considers looser 2040 climate target amid political pushback -media

Carbon Pulse - Tue, 2025-04-01 02:46
The European Commission is exploring ways to soften the enforcement of its 2040 emissions target, as Climate Commissioner Wopke Hoekstra seeks to placate concerns from industry and EU governments wary of stringent climate policies, news site Politico reported on Monday.
Categories: Around The Web

Germany sees 28% drop in ETS auction revenues in 2024 despite “robust” primary demand -report

Carbon Pulse - Tue, 2025-04-01 01:34
Germany raised over €5.5 billion from EU carbon allowance auctions for stationary installations and aviation last year, its ETS authority said in an annual report published Monday, amid robust primary demand.
Categories: Around The Web

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