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US DOE releases first blueprint for decarbonising national building sector
The US Department of Energy (DOE) has unveiled its first federal strategy for decarbonising the buildings sector, intended to reduce related greenhouse gas (GHG) emissions 65% by 2035 and 90% by 2050.
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New partnership aims to scale voluntary carbon trade via live market data linkup
A data management company has teamed up with an online trading platform provide to deliver live voluntary carbon market information to customers, the two announced on Wednesday.
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INTERVIEW: UK non-profit spearheads urban biodiversity credit project in Rio
Two non-profit organisations and a Brazilian financial institution have joined forces with Rio de Janeiro municipality to develop an urban biodiversity credit programme and standard, while planning five other projects around the world, Carbon Pulse has learned.
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Local communities in Brazil sue voluntary carbon standard Verra for $24 mln in lost profits after project suspension
Three Brazilian community groups, stakeholders in a suspended REDD project certified by Verra, are attempting to sue the voluntary carbon standard for $8 million each ($40 mln Brazilian reais) in lost profits.
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Stakeholders urge EU to adopt robust low-carbon hydrogen rules
Industry, environmental NGOs, and think tanks have urged the European Commission not to rush when defining the rules of low-carbon hydrogen in an upcoming delegated act.
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UN appoints German diplomat Astrid Schomaker as new biodiversity chief
The UN has appointed German environmental diplomat Astrid Schomaker as the next executive secretary of the Convention on Biological Diversity (CBD), ahead of the crucial COP16 biodiversity summit due to be held in Colombia later this year.
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E-commerce platform invests millions in Brazilian voluntary carbon reforestation project
A Canadian e-commerce platform is investing $3.37 million in a reforestation activity in Brazil designed to support biodiversity and generate voluntary credits, in what represents a rare forest carbon investment for the company, according to an announcement Wednesday.
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Full tradability not crucial for functioning environmental markets, Mirova says
The quality of each biodiversity or carbon project is more important than every initiative being tradable for the market to work, similar to trading bottles of wine, French asset manager Mirova has said.
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Lawmakers urge govt to hold UK aviation to account over emissions
The UK government has said it will not rule out measures designed to reduce demand for flights if its current strategy for curbing aviation emissions falls short, in a response to a report by lawmakers scrutinising the country's decarbonisation plans for the sector.
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FEATURE: Low-carbon cement makers fatalistic over free EU ETS allocation rules
While industry frontrunners are developing ways of reducing the emissions-heavy clinker content of cement, critics say the EU’s free ETS allocation rules were designed for established production methods that effectively delay climate action.
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Advisor tells Indonesia to drop corresponding adjustments for voluntary carbon credits
Indonesia should not focus on applying corresponding adjustments to carbon credits sold abroad in order to better make use of the voluntary market to meet its Paris Agreement commitments, according to a think tank advising the Southeast Asian nation.
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Euro Markets: Midday Update
European carbon prices traded in a very narrow range on Wednesday morning as participants waited for the publication of verified emissions data for 2023, while a one-day delay to the weekly Commitment of Traders data and the fortnightly pause in the EUA auction calendar added to the lack of drivers for the market.
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White House wants Moon to have its own time zone
The US government has asked Nasa to develop a way to keep track of time on the Moon.
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White House wants Moon to have its own time zone
The US government has asked Nasa to develop a way to keep track of time on the Moon.
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White House wants Moon to have its own time zone
The US government has asked Nasa to develop a way to keep track of time on the Moon.
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US carbon removal firm delivers first batch of CO2 removal credits from Indian project
A US-based carbon removal company has delivered its first CO2 removal credits from a project in India, the company announced on social media platform LinkedIn.
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Consumption reduction widely overlooked as a strategy for protecting biodiversity, study says
The scientific community has overlooked the potential impact of reducing consumption and resource use on biodiversity preservation policies in recent years, a paper has said.
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French biodiversity footprint provider raises $10 mln
Biodiversity footprint provider Iceberg Data Lab has raised $10 million at the first close of its Series A funding round, bringing the total raised to over $15 mln.
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Laos may release draft carbon trading regulations by June -media
The Lao government is working on a decree to regulate the sale of forestry carbon credits to international buyers, with an initial draft likely to be ready around summer, local media reported Wednesday.
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China releases draft emissions guidelines for cement as ETS expansion nears, steel may come later
China has accelerated the work of adding cement to its national emissions trading scheme with the release of CO2 accounting guidelines, while it may take longer to include steelmakers amid data quality concerns.
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