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FEATURE: CBAM costs threaten to further decimate Ukrainian exports

Carbon Pulse - Tue, 2024-09-17 23:06
Ukraine's war-torn economy stands to bear some of the greatest strain from the full arrival of the EU's Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv's exports to the bloc - and billions in revenue.
Categories: Around The Web

Two veteran carbon traders leave international commodities house

Carbon Pulse - Tue, 2024-09-17 22:56
Two veteran carbon traders have departed from a Europe-based commodities trading house this summer, Carbon Pulse has learned.
Categories: Around The Web

Kenya-based startup sells Africa’s first ERW carbon credits -media

Carbon Pulse - Tue, 2024-09-17 22:54
A Nairobi-headquartered company has sold Africa's first enhanced rock weathering (ERW) carbon credits, according to Bloomberg.
Categories: Around The Web

Norway: electric cars outnumber petrol for first time in ‘historic milestone’

The Guardian - Tue, 2024-09-17 22:39

Nordic country, paradoxically a major oil producer, has set target for all new cars sold to be zero emission

Electric cars now outnumber petrol cars in Norway for the first time, an industry organisation has said.

Of the 2.8m private cars registered in the Nordic country, 754,303 are all-electric, against 753,905 that run on petrol, the Norwegian road federation (OFV) said in a statement.

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Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-09-17 21:15
European carbon prices set a new five-month low before bouncing sharply on Tuesday morning as selling interest was said to have fallen away while options hedging demand picked up, with technical analysis also offering a strong bullish signal.
Categories: Around The Web

Human impacts trigger similar responses in fish in different rivers, study says

Carbon Pulse - Tue, 2024-09-17 20:56
Fish populations in two large rivers in the US and China respond similarly to human-led changes in environmental conditions, a paper has said.
Categories: Around The Web

Large corporates making ‘quiet’ climate progress, finds report

Carbon Pulse - Tue, 2024-09-17 20:52
The world's largest companies are making gradual progress on emissions reductions and setting more significant climate targets, with more firms looking to use voluntary carbon credits to meet these goals, according to a report released Tuesday.
Categories: Around The Web

CIX appoints new CEO as part of ‘natural evolution’

Carbon Pulse - Tue, 2024-09-17 20:38
Singapore’s Climate Impact X (CIX) has appointed a permanent CEO after its chief operating officer had held the interim position for several months to replace Mikkel Larsen, while one of its existing board members will step up to chair the company.
Categories: Around The Web

Regen reports sale of $129k of biodiversity credits on its platform

Carbon Pulse - Tue, 2024-09-17 20:27
US-based environmental credit platform Regen Network Development has reported the sale of over 92,000 biodiversity credits worth a total of $129,000, listed on its marketplace and generated by three separate developers.
Categories: Around The Web

Financiers with $29 trln urge nature positive, climate action

Carbon Pulse - Tue, 2024-09-17 20:17
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions.
Categories: Around The Web

Milan-based startup launches industrial ocean carbon removal site

Carbon Pulse - Tue, 2024-09-17 20:13
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
Categories: Around The Web

Hoekstra re-appointed EU climate chief in surprise move

Carbon Pulse - Tue, 2024-09-17 20:08
The incumbent EU climate commissioner, Wopke Hoekstra, was re-appointed to the portfolio on Tuesday as European Commission President Ursula von der Leyen unveiled her new team that will lead EU policymaking in Brussels for the next five years.
Categories: Around The Web

Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows

The Guardian - Tue, 2024-09-17 19:00

Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs

The environmental policies of Joe Biden’s administration will save approximately 200,000 Americans’ lives from dangerous pollution in the coming decades and have spurred a surge in clean energy jobs, two independent reports outlining the stakes of the upcoming US presidential election have found.

The first full year of the Inflation Reduction Act, the sprawling climate bill passed by Democratic votes in Congress in 2022, saw nearly 150,000 clean energy jobs added, according to a new report by nonpartisan business group E2.

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Categories: Around The Web

Australian steelmaker hits 2030 emissions target early

Carbon Pulse - Tue, 2024-09-17 18:47
Australia’s largest steelmaker has hit its mid-term climate goals early, reducing emissions intensity by 12% since 2018, far ahead of its 2030 target date.
Categories: Around The Web

Australia Market Roundup: Participants urge govt to show leadership on method development, regulator issues 1.4 mln ACCUs  

Carbon Pulse - Tue, 2024-09-17 18:39
Australian carbon market participants have urged the government to provide clear signals on which method developments it will prioritise to meet its climate goals, warning that the current lack of certainty is hampering investment.
Categories: Around The Web

Partnership seeks to scale up biochar credit generation in India

Carbon Pulse - Tue, 2024-09-17 17:58
India-based carbon removal developer Circonomy has teamed up with a horticulture solutions provider to ramp up biochar carbon credits in the country.
Categories: Around The Web

Sir David Attenborough: 'The world would be worse off without our stories'

BBC - Tue, 2024-09-17 17:51
Sir David Attenborough praises the "beauty" created by the BBC in its natural history shows.
Categories: Around The Web

Australia’s Clean Energy Regulator to launch new registry in November

Carbon Pulse - Tue, 2024-09-17 16:33
The Clean Energy Regulator’s (CER) carbon, renewable energy, and nature unit registry that is currently in development is set to be finalised in November, according to its acting chair.
Categories: Around The Web

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