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European Bank for Research and Development falls short of ending fossil fuel investment

Carbon Pulse - Sat, 2023-12-16 04:24
The European Bank for Research and Development (EBRD) has introduced new criteria intended to restrict financial support to midstream and downstream fossil gas projects that are deemed ‘exceptional’ cases, but has stopped short of ending funding in the sector.
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Direct air capture an ‘outrageously expensive boondoggle’, say scientists, entrepreneurs

Carbon Pulse - Sat, 2023-12-16 03:44
Direct air capture (DAC) technology has become a key focus in the fight against climate change, but a group of scientists and entrepreneurs have come out against the solution, calling it 'outrageously expensive boondoggle'.
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Carbon standard signs MoU with African country alliance amid Article 6 uncertainty

Carbon Pulse - Sat, 2023-12-16 03:20
A carbon credit certifier has signed an MoU with an alliance representing 16 West African countries, aiming to accelerate the implementation of Article 6 and promote carbon market instruments across West Africa.
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INTERVIEW: EU emissions intensity target for shipping a key driver for clean fuels, says green methanol producer

Carbon Pulse - Sat, 2023-12-16 03:20
A green methanol producer looking to rapidly scale up fuel supply in the US and Europe says that both regulatory and retail factors are driving shipping companies to purchase green fuel, including the EU's ETS and FuelEU maritime policy, under which overachieving shippers can receive credits to sell onto others.
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EU candidates call on Brussels to help them assess carbon pricing options

Carbon Pulse - Sat, 2023-12-16 02:51
Energy ministers from EU candidate nations have called on Brussels to set out their potential carbon pricing options as they scramble to establish policies that can mitigate the impact of the EU's carbon border adjustment mechanism (CBAM). 
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Just Stop Oil activist is first to be jailed under new UK protest law

The Guardian - Sat, 2023-12-16 01:09

Stephen Gingell, 57, given six-month sentence for ‘interference with key national infrastructure’

A climate activist has been jailed for six months after pleading guilty to taking part in a peaceful slow march protest on a London road.

The sentence handed to Stephen Gingell, 57, is thought to be the first jailing under a new law that critics say makes anyone walking in a road liable for prosecution for “interference with key national infrastructure”.

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Carbon credit certifier, agriculture bank sign capacity-building MoU

Carbon Pulse - Fri, 2023-12-15 23:44
The world’s leading carbon credit certifier has signed an MoU with a bank-led pilot programme for farmers seeking to utilise marginal land, aiming to support capacity-building for participation in land use-based projects. 
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Ugandan project eligible for FSC-certified nature claim sponsorship

Carbon Pulse - Fri, 2023-12-15 23:28
A forestry project in Uganda has obtained Forest Stewardship Council (FSC)-certified accreditation for its soil conservation, enabling it to ask for sponsorship for its work.
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Euro Markets: Midday Update

Carbon Pulse - Fri, 2023-12-15 22:18
European carbon prices were relatively stable on Friday morning as the relentless selling pressure appeared to pause, though traders were cautious about a renewed assault in the afternoon after Thursday's late decline, while energy markets weakened for a second consecutive day on mild weather and higher renewable output.
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Global coal use hit 2023 record but will decline out to 2026 -report

Carbon Pulse - Fri, 2023-12-15 21:21
Coal use hit a record high last year after several years of Covid- dampened demand, largely driven by three Asian economies and to a lesser extent Europe, according to a report published on Friday that predicted a further record this year before demand dips and then plateaus to 2026.
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Senior Business Development Manager, Abatable – London

Carbon Pulse - Fri, 2023-12-15 21:12
You will play a central role in Abatable’s growth, partnering with large enterprise buyers and investors to navigate, access, and support high-integrity climate solutions, thereby fostering enduring positive effects on the environment and society at large.
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Sales Development Representative, Abatable – London

Carbon Pulse - Fri, 2023-12-15 21:12
You will play a crucial role in Abatable’s growth through identifying and engaging with potential corporate buyers and climate investors, helping them to understand how our services can help accelerate their support of high-integrity climate solutions, thereby fostering enduring positive effects on the environment and society at large.
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Taiwan releases draft rules on domestic carbon credit trading

Carbon Pulse - Fri, 2023-12-15 19:31
Taiwan has released a policy draft regulating the trading of domestically issued emissions reductions credits as supplementary measures to complement the island's proposed carbon levy scheme that will be developed in the coming few years.
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Computational Scientist, Yale Center for Natural Carbon Capture, Yale University – New Haven, CT

Carbon Pulse - Fri, 2023-12-15 18:38
The Yale Center for Natural Carbon Capture (YCNCC) at Yale University is seeking highly qualified candidates who are passionate about mitigating climate change to manage and direct the data and scientific computing needs across the YCNCC. The successful applicant will collaborate with an interdisciplinary team of climate scientists, physicists, chemists, oceanographers, geochemists, and ecologists to advance the research and deployment of climate change solutions developed at the YCNCC.
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CN Markets: CEA trading volume continues to drop amid lukewarm demand

Carbon Pulse - Fri, 2023-12-15 18:19
Weekly trading volumes in China's national carbon market continued to shrink over the past week due to slowing compliance demand, with participants saying most regulated entities have now surrendered their permits for 2021 and 2022 compliance.
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Western Australian government moves to protect 400,000 ha of old growth forest

Carbon Pulse - Fri, 2023-12-15 18:13
Western Australia will end commercial logging in its old growth and native forests from the beginning of next year, according to a government plan released Friday.
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Regen Network weighs taking on board Terrasos biodiversity credits

Carbon Pulse - Fri, 2023-12-15 17:11
Environmental trading platform Regen Network is lining up a vote among its community members to decide whether to start listing units generated by Colombia-based Terrasos as a first outright biodiversity credits on the platform, with others to follow.
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Australian states release vastly different climate plans

Carbon Pulse - Fri, 2023-12-15 17:08
The states of Western Australia and Queensland both made updates to their climate plans this week, showing the yawning levels of difference in ambition, at least on paper, between them.
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Cop28 president says his firm will keep investing in oil

The Guardian - Fri, 2023-12-15 16:00

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal

The president of the Cop28 climate summit will continue with his oil company’s record investment in oil and gas production, despite coordinating a global deal to “transition away” from fossil fuels.

Sultan Al Jaber, who is also the chief executive of the United Arab Emirates’ national oil and gas company, Adnoc, told the Guardian the company had to satisfy demand for fossil fuels.

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