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BRIEFING: Coal still central to emissions-heavy steelmaking, commodities report finds

Carbon Pulse - Mon, 2024-09-30 23:19
Metallurgical coal demand is not decreasing in the short or medium term despite calls for steelmakers and the iron ore miners who supply them to cut emissions using new technology.
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LATAM Roundup: J-REDD is king at Climate Week, Colombia releases H1 CO2 tax stats

Carbon Pulse - Mon, 2024-09-30 23:13
Jurisdictional REDD+ (J-REDD) starred at Climate Week NYC, and Carbon Pulse has analysed new data about Q2 retirements toward Colombia’s carbon tax, in the week ending Sep. 29.
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Senior Tories may push for party to become pro-fracking

The Guardian - Mon, 2024-09-30 23:08

Calls grow for lifting of moratorium on onshore drilling in England to become policy under new leader

Senior Conservatives are considering pushing for a lifting of the moratorium on fracking in England to become party policy.

At the Conservative party conference in Birmingham, MPs are reflecting on the crushing blow they were dealt at this year’s general election and coming up with policies and ideas to rebuild the party so it can win in 2029. A leadership election is taking place and candidates are laying out their ideas to MPs.

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National biodiversity plans do not go far enough, WWF tracker finds

Carbon Pulse - Mon, 2024-09-30 22:20
Many of the national biodiversity plans that have been submitted in time for COP16 do not go far enough, WWF said on Monday following the launch of a tracker tool.
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Malaysia releases updated national climate change policy

Carbon Pulse - Mon, 2024-09-30 21:53
The Malaysian Ministry of National Resources and Environmental Sustainability (NRES) on Monday announced an updated climate change policy, which includes a new framework for the country’s transition towards a low-carbon economy.
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DATA DIVE: EU industrial demand destruction continues in 2024

Carbon Pulse - Mon, 2024-09-30 21:52
Industrial emission levels in the EU are plunging to new lows in 2024 as weak output has continued to reduce demand for EUAs in a major way more than two years after the energy crisis triggered by Russia’s invasion of Ukraine.
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Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-09-30 21:24
European carbon allowance prices began the week on a lacklustre note, giving up a large portion of Friday afternoon's gains even as natural gas posted a fourth day of gains and the annual permit compliance cycle came to an end.
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EU releases draft rules to calculate GHG savings from low-carbon fuels, hydrogen

Carbon Pulse - Mon, 2024-09-30 21:06
The European Commission launched a public consultation Friday on the methodology to calculate the greenhouse gas savings obtained from low-carbon fuels such as hydrogen, taking into account a range of factors such as the carbon intensity of a country’s electricity grid.
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German non-profit, Swiss foundation buy first nature units from project in Malawi

Carbon Pulse - Mon, 2024-09-30 20:51
A German non-profit and a Swiss foundation have purchased the first batch of nature units generated from a conservation project in Malawi.
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Duo seeks to slash livestock farming emissions with seaweed additives in Japan

Carbon Pulse - Mon, 2024-09-30 20:30
A Tokyo-based microalgae solution provider has teamed up with an Australian company to promote seaweed-added feed additives, in the hope of decarbonising Japan's livestock sector.
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UK to finish with coal power after 142 years

BBC - Mon, 2024-09-30 20:02
The UK's last coal power station, Ratcliffe-on-Soar, is due to end operations on Monday.
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EPA will withdraw approval of Chevron plastic-based fuels likely to cause cancer

The Guardian - Mon, 2024-09-30 20:00

The decision comes after a ProPublica and Guardian investigation revealed that the EPA had found that one of the fuels had a huge cancer risk

The US Environmental Protection Agency is planning to withdraw and reconsider its approval for Chevron to produce 18 plastic-based fuels, including some that an internal agency assessment found are highly likely to cause cancer.

In a recent court filing, the federal agency said it “has substantial concerns” that the approval order “may have been made in error”. The EPA gave a Chevron refinery in Mississippi the green light to make the chemicals in 2022 under a “climate-friendly” initiative intended to boost alternatives to petroleum, as ProPublica and the Guardian reported last year.

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Azerbaijan applies to host 2026 biodiversity COP

Carbon Pulse - Mon, 2024-09-30 19:58
Azerbaijan has officially submitted a bid to host the COP17 UN biodiversity summit, as the country prepares for the COP29 climate conference in Baku later this year, the government announced on Monday.
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ANALYSIS: China steel sector braces for carbon market, capacity policies

Carbon Pulse - Mon, 2024-09-30 19:47
The decarbonisation progress of China's steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.
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INTERVIEW: ‘We never liked CBAM’ – Europe’s aluminium industry rails against EU green trade policies

Carbon Pulse - Mon, 2024-09-30 19:29
The aluminium industry is grappling with implementation headaches linked to the EU’s Carbon Border Adjustment Mechanism (CBAM) just as Europe is being flooded by cheap aluminium imports from China, amid general indifference from EU trade authorities, the sector’s business association told Carbon Pulse in an interview.
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Agricultural companies short on board-level biodiversity expertise, expert says

Carbon Pulse - Mon, 2024-09-30 19:23
Not enough companies linked to the agricultural supply chain have board-level expertise in biodiversity, despite the surge in nature commitments, according to an executive at Morningstar Sustainalytics.
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COP partnership seen to open up for climate opportunities for Australia, Brazil

Carbon Pulse - Mon, 2024-09-30 17:27
Opportunities for closer cooperation on natural capital, decarbonisation, and carbon markets between Australia and Brazil could be on the horizon if the latter is successful at securing its bid to host COP31 in 2026, panellists told an event Friday.
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