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Drax launches ‘Elimini’ to spearhead global ambitions in carbon removal

Carbon Pulse - Tue, 2024-09-24 23:00
UK power company Drax has launched a new US-based subsidiary at New York Climate Week that will spearhead its plans to become a global leader in bioenergy with carbon capture and storage (BECCS).
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Brazilian state signs deal worth $180 mln to sell J-REDD+ carbon credits

Carbon Pulse - Tue, 2024-09-24 22:56
A Brazilian state has agreed a deal worth an estimated $180 million to sell jurisdictional REDD+ credits to a public-private forest finance coalition.
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Data platform releases nature footprint mapping tool

Carbon Pulse - Tue, 2024-09-24 22:30
An open-access data platform has launched a tool aimed at enabling companies, financial institutions, and governments to better understand their impact on nature, it announced Tuesday during Climate Week NYC.
Categories: Around The Web

PREVIEW: Low expectations as IMO talks to cut shipping emissions kick off

Carbon Pulse - Tue, 2024-09-24 22:20
Talks starting next week at the International Maritime Organisation (IMO) on whether to introduce a global greenhouse gas levy and a goal-based fuel standard for the shipping sector are unlikely to yield significant advances, according to people close to the negotiations.
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INTERVIEW: EU’s default emissions factors should be “avoided at all cost” by private sector

Carbon Pulse - Tue, 2024-09-24 22:00
EU default values that convert business spend into Scope 3 emissions are outdated, inaccurate, and “need to be avoided at all costs” for firms doing mandatory reporting, according to the head scientist at a proprietary emissions factor database.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-09-24 21:40
European carbon allowances held firm, trading in a thin range on Tuesday morning, even as gas eased lower with traders still awaiting clarity on a possible Azeri-Ukraine transit deal, while EUAs were said to be supported by some late compliance buying ahead of next week's deadline, with participants keeping close to key price points in anticipation of Wednesday's options expiry.
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SBTN corporate pilot paves the way for nature target adoption despite tough challenges

Carbon Pulse - Tue, 2024-09-24 20:31
The Science Based Targets Network (SBTN) outlined the outcomes of its first corporate pilot for nature targets, with some companies gearing up for adopting their drafts, in a report published on Monday.
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CWNYC24: Annual nature-based solution investments in Brazil, Caribbean grow past $1.6 bln -report

Carbon Pulse - Tue, 2024-09-24 20:30
At least $1.67 billion have been allocated to nature-based solutions (NbS) in Brazil and the Caribbean over the past year, with agriculture-focused solutions seen as the top priority, according to a report released this week.
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Regen Network reveals Registry 2.0 plan for ecological claims beyond credits

Carbon Pulse - Tue, 2024-09-24 19:41
US-based environmental credit platform Regen Network Development aims to expand the scope of what can be listed on its registry beyond credits in its next version.
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Carbon removal experts debate options for EU’s future central registry

Carbon Pulse - Tue, 2024-09-24 19:08
With a central EU carbon removal registry due to be established by the end of 2028, experts this week discussed rules to ensure a smooth  exchange of data and avoid issues such as the double counting of carbon credits.
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Residents near Lancashire chemicals plant told to wash homegrown produce

The Guardian - Tue, 2024-09-24 19:00

Exclusive: council issues advisory as investigation begins and documents reveal estimates of PFOA emissions

People living near a chemicals plant in Lancashire have been told to wash and peel vegetables from their gardens before eating them, while an investigation into potential contamination of soil in the area with a banned toxic chemical gets under way.

The chemical PFOA, one of the PFAS family of about 15,000 chemicals, does not break down in the environment and last year was categorised as a human carcinogen by the World Health Organization. It is also toxic to reproduction and has been linked to a range of health problems such as thyroid disease and increased cholesterol.

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INTERVIEW: Lobby group sees more EU-UK collaboration on CCS under new Labour government

Carbon Pulse - Tue, 2024-09-24 18:36
There is significantly more willingness for EU-UK collaboration on carbon capture and storage (CCS) since the Labour party was elected to office in July, an executive at a European CCS lobby group told Carbon Pulse, saying they expected joint announcements on cooperation in the coming months.
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Singapore bank moves on EUA trade for Asian shippers as ETS expands

Carbon Pulse - Tue, 2024-09-24 18:25
Singapore's DBS bank announced Tuesday it will offer financing and hedging services for allowances under the EU  Emissions Trading Scheme (EU ETS) as shipping companies outside the EU are now included in emissions calculations, becoming the first Southeast Asian bank to do so.
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ART programme publishes Brazilian state’s REDD+ concept

Carbon Pulse - Tue, 2024-09-24 17:45
The Secretariat of the ART carbon credit standard on Tuesday announced it has approved a listing for a Brazilian state under its TREES jurisdictional certification programme.
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Carbon data platform halts partnership with non-profit in DRC

Carbon Pulse - Tue, 2024-09-24 17:36
A forest carbon data provider has suspended its collaboration with a non-profit based in the Democratic Republic of Congo (DRC) following questions regarding the organisation’s agreements with the government of DRC and concessions for carbon credit development in the country.
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Shanghai to auction off 2.8 mln carbon allowances under local scheme

Carbon Pulse - Tue, 2024-09-24 17:32
The Shanghai government will auction off 2.8 million carbon allowances under the local emissions trading scheme a the end of this month to ensure regulated emitters can meet their compliance requirements.
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Norway is shying away from tourism – here’s what other countries could learn | Shazia Majid

The Guardian - Tue, 2024-09-24 16:00

Norwegians are putting their natural environment (and weekend activities) ahead of tourism’s economic benefits

In Norway, nature is something of a national obsession. Norwegian children are taught that “there is no such thing as bad weather, only bad clothing”, and Norwegian babies are packed into thermals and overalls and taken on day trips to the woods. Cross-country skiing, hunting for wild mushrooms or cloudberries, or huffing and puffing up a mountain are standard weekend activities.

The recent decision to scrap a campaign that aimed to attract more foreign tourists to the country’s rural landscapes was a stark reminder of this: rather than encouraging tourists and the income they provide, many Norwegians would prefer to protect their natural environment.

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COP28 clean energy targets at risk without stronger action, finds report

Carbon Pulse - Tue, 2024-09-24 15:01
The world is on track to miss the clean energy targets agreed at COP28 without stronger and more urgent action, according to a new report.
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