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Record Q2 deficits shave Oregon’s CFP credit bank, programme surplus nears 1.5 mln

Carbon Pulse - Wed, 2024-11-06 13:46
With the highest quarterly net deficits in programme history, Oregon’s Clean Fuels Program (OCFP) credit surplus increased to just under 1.5 million in the second quarter of 2024, according to state data published Tuesday.
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Brazil’s Senate postpones vote on updated national ETS legislation

Carbon Pulse - Wed, 2024-11-06 12:06
Brazil's Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week.
Categories: Around The Web

Only one of Australia’s most popular tuna brands passes sustainability test, according to first-of-its-kind review

The Guardian - Wed, 2024-11-06 12:02

Australian Marine Conservation Society finds Safcol’s No Net Tuna is only entirely ‘green’ product on a red, amber or green scale

Environmentalists have given the green tick to just one brand of canned tuna as industry heavyweights threaten dwindling fishing populations and other marine life.

For the first time, the Australian Marine Conservation Society has evaluated the nation’s most popular tuna brands and classed them as green, amber or red based on their sustainability credentials.

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EU’s incoming energy commissioner to promote electrification as ETS2 hits housing

Carbon Pulse - Wed, 2024-11-06 09:47
The European commissioner-designate for energy and housing will pursue electrification to shield vulnerable citizens from increasing energy prices, a prospect made more real by ETS2, he told the European Parliament on Tuesday afternoon.
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Ethanol producer completes diagnosis of CO2 well leak in Illinois

Carbon Pulse - Wed, 2024-11-06 08:44
An Illinois agribusiness facing regulatory action in connection to a leaking CO2 injection well has completed a diagnosis estimating the amount of CO2 that escaped via a problematic monitoring well.
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Alberta TIER October spot prices continue to tumble amid weak demand

Carbon Pulse - Wed, 2024-11-06 07:53
The Alberta Technology Innovation and Emission Reduction (TIER) programme's spot prices reached historic lows for the second month in a row, according to a report published Friday.
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The frozen carbon of the northern permafrost is on the move – we estimated by how much

The Conversation - Wed, 2024-11-06 05:11
We wanted to find out how much carbon and nitrogen is being released from the northern permafrost. Here’s the region’s first full greenhouse gas budget covering CO₂, methane, and nitrous oxide. Pep Canadell, Chief Research Scientist, CSIRO Environment; Executive Director, Global Carbon Project, CSIRO Gustaf Hugelius, Professor, Physical Geography, Stockholm University Licensed as Creative Commons – attribution, no derivatives.
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The Guardian view on Labour’s 2030 clean energy target: Britain should go for it | Editorial

The Guardian - Wed, 2024-11-06 04:39

As a new report makes clear, the timetable is dauntingly tight. But the potential rewards on offer are huge

One of Labour’s first acts in government was to lift the de facto ban on new onshore windfarms introduced by the Conservatives in 2016, which closed off one of the key pathways to clean, cheap energy by the 2030s. This week, progress was resumed as plans were outlined for what would be the most productive onshore windfarm in England. According to developers, the Scout Moor scheme in Greater Manchester could meet 10% of the region’s energy needs by the end of the decade.

As a major new report published on Tuesday makes clear, if Labour’s mission of a clean electricity system by 2030 is to be met, an avalanche of such projects will be required. The publicly owned National Energy System Operator (Neso) estimates that a doubling of onshore wind capacity will be necessary, along with a still bigger expansion of offshore wind and a tripling of solar power. When this is all considered alongside the need to transform the country’s power and transmission networks at an unprecedented pace, the daunting scale of the task becomes clear. Crucially, though, Neso’s analysis finds that the 2030 date is achievable if, to put it non-technically, the government, the energy industry and regulators truly go for it.

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Political context of Article 6 talks very different to last year, says ratings agency

Carbon Pulse - Wed, 2024-11-06 04:17
The political context around COP29 negotiations in Baku is very different to last year's summit and could stand to benefit Article 6 talks, the founder of a carbon ratings agency said Tuesday.
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UAE energy firms team up with Microsoft to drive decarbonisation solutions

Carbon Pulse - Wed, 2024-11-06 02:38
Two Abu Dhabi-based energy companies have partnered with Microsoft to explore decarbonisation solutions, including the use of AI to advance carbon capture, low-carbon hydrogen, and ammonia projects.
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UK startup secures funding to offer insurance for risks in early-stage CDR projects

Carbon Pulse - Wed, 2024-11-06 02:18
A startup insurance company hopes to kick start the carbon removal (CDR) market by offering cover to mitigate the risks facing early-stage projects.
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Canadian consultancy, US-based energy tech firm team up to provide CCS, EOR solutions

Carbon Pulse - Wed, 2024-11-06 02:17
A Canadian consultancy and a US-based energy technology provider have announced a joint venture focused on providing engineering and geoscience solutions for carbon sequestration and enhanced oil recovery (EOR) projects in the US.
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Brazilian partnership to restore 334,000 hectares of forest, generate carbon credits

Carbon Pulse - Wed, 2024-11-06 01:46
An alliance of several Brazilian public institutions on Friday agreed to structure new forest concessions for sustainable logging and forest restoration, offsetting the cost of restoring 334,000 hectares of degraded areas in the Amazon using the proceeds from carbon credits.
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