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RGGI Market: Trader interest wears thin even as RGAs test $21

Carbon Pulse - Tue, 2024-11-05 12:17
RGGI Allowances (RGA) tested $21 levels over the last week in thin activity as traders await outcome of elections for new legislatures to make progress on proposed programme changes.
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Canada slightly blunts emissions cap on oil and gas sector

Carbon Pulse - Tue, 2024-11-05 11:53
Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.
Categories: Around The Web

Brazilian REDD+ frameworks must address planned deforestation risk – developers’ group

Carbon Pulse - Tue, 2024-11-05 11:23
A group of Brazil-based nature-based solutions carbon credit project developers said in a technical note last week that the development of jurisdictional REDD+ approaches (J-REDD+) in the country must better address the risk of planned deforestation.
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'Nuclear will drive up the cost of electricity': Matt Kean clashes with former colleagues – video

The Guardian - Tue, 2024-11-05 10:56

Former NSW Liberal energy minister Matt Kean debated his former Coalition colleagues about the cost of nuclear power in a parliamentary estimates hearing on Monday. Now chair of the Climate Change Authority, Kean debated Nationals senator Ross Cadell over CSIRO analysis which found nuclear was the most expensive form of large-scale energy available

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Alberta releases draft update of CCS offset protocol for public comment

Carbon Pulse - Tue, 2024-11-05 10:33
Alberta’s environmental ministry has released a draft of its proposed changes to a protocol for offset generation from CO2 capture and sequestration projects for a 30-day public comment period.
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Europe’s big banks have ‘incoherent’ climate plans -report

Carbon Pulse - Tue, 2024-11-05 10:02
Europe's largest banks have climate plans that are low in ambition and "incoherent", a report published by a British NGO on Tuesday has found.
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BASF, Exterra join forces to explore building CCS project in Quebec

Carbon Pulse - Tue, 2024-11-05 09:37
BASF and Exterra Carbon Solutions have signed a memorandum of understanding (MoU) to explore the deployment of a commercial-scale carbon capture and storage (CCS) project in Quebec.
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LATAM Roundup: Countries press pause, press on, press regulation

Carbon Pulse - Tue, 2024-11-05 09:17
The week ending Nov. 3 saw hugely varied news for carbon markets in Latin America and Caribbean, alternately accelerating and decelerating market development in core and emerging markets like Brazil, Argentina, and Panama.
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EU’s trade commissioner seeks to balance open-door policy with protections -commissioner designate

Carbon Pulse - Tue, 2024-11-05 08:47
The EU is open for global trade, but it also needs to remain vigilant of protecting its own interests against cheaper and less sustainable rivals, the European commissioner-designate for trade and economic security, interinstitutional relations, and transparency said during the first day of European Parliament hearings on Monday.
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US ELECTIONS: New chapter opens for EU climate diplomacy with fresh challenges, experts say

Carbon Pulse - Tue, 2024-11-05 05:15
The US presidential elections on Nov. 5 will open a new chapter for climate diplomacy in the European Union, whoever the winner is, with fresh challenges ahead, experts told Carbon Pulse.
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Yes, burning gas is bad for the climate. But keeping it in Australia’s energy mix is sensible

The Conversation - Tue, 2024-11-05 05:02
Gas-fired power plants can keep energy reliable and affordable. But they should be used only when absolutely necessary. Roger Dargaville, Director Monash Energy Institute, Monash University Licensed as Creative Commons – attribution, no derivatives.
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VCM Report: CORSIA impact yet to appear despite approval of major carbon standards

Carbon Pulse - Tue, 2024-11-05 04:44
Four more carbon registries were granted eligibility for Phase 1 of the CORSIA international aviation offsetting scheme last week, although the kick-start in demand is likely to be more of a slow burner, sources said, with interest in voluntary credits still lacklustre.
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US ELECTIONS PREVIEW – PART 4: CO2 pipelines dominate US Heartland environmental policy discourse ahead of elections

Carbon Pulse - Tue, 2024-11-05 04:30
In the US Heartland CO2 pipeline controversy has brought glimmers of environmental policy to the region otherwise dominated by Republican trifectas, none of which are expected to shift at the upcoming November elections.
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