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UAE energy firms team up with Microsoft to drive decarbonisation solutions

Carbon Pulse - 1 hour 3 min ago
Two Abu Dhabi-based energy companies have partnered with Microsoft to explore decarbonisation solutions, including the use of AI to advance carbon capture, low-carbon hydrogen, and ammonia projects.
Categories: Around The Web

UK startup secures funding to offer insurance for risks in early-stage CDR projects

Carbon Pulse - 1 hour 22 min ago
A startup insurance company hopes to kick start the carbon removal (CDR) market by offering cover to mitigate the risks facing early-stage projects.
Categories: Around The Web

Canadian consultancy, US-based energy tech firm team up to provide CCS, EOR solutions

Carbon Pulse - 1 hour 23 min ago
A Canadian consultancy and a US-based energy technology provider have announced a joint venture focused on providing engineering and geoscience solutions for carbon sequestration and enhanced oil recovery (EOR) projects in the US.
Categories: Around The Web

Brazilian partnership to restore 334,000 hectares of forest, generate carbon credits

Carbon Pulse - 1 hour 54 min ago
An alliance of several Brazilian public institutions on Friday agreed to structure new forest concessions for sustainable logging and forest restoration, offsetting the cost of restoring 334,000 hectares of degraded areas in the Amazon using the proceeds from carbon credits.
Categories: Around The Web

Scottish govt releases framework for carbon, biodiversity markets

Carbon Pulse - 2 hours 3 min ago
Scotland's government released on Tuesday a framework aimed at driving private investment in natural capital, outlining a set of high-integrity principles as well as a roadmap to 2026 to scale the carbon and biodiversity credit markets.
Categories: Around The Web

Uniper waters down climate targets due to more cautious green hydrogen outlook

Carbon Pulse - 2 hours 27 min ago
German energy company Uniper has watered down its carbon neutrality target amid a 'cautious' investment environment concerning green hydrogen, it said in quarterly results published Tuesday.
Categories: Around The Web

Veteran carbon trader to join Vitol as current head of carbon set to retire

Carbon Pulse - 2 hours 38 min ago
Vitol has appointed a veteran emissions trader to its carbon and environmental products division, as the current head of division is set to retire.
Categories: Around The Web

UK can decarbonise electricity grid by 2030 with investment north of $40 bln a year – report

Carbon Pulse - 2 hours 56 min ago
The UK government can hit its goal to decarbonize the country’s electricity grid by 2030 with a massive expansion in renewable power and a price tag of at least $40 billion of investment a year, according to a report by newly created National Energy System Operator (NESO) .
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Carbon removals target ‘not a deal-breaker’ for Hoekstra’s EU confirmation hearing, MEPs say

Carbon Pulse - 3 hours 7 min ago
Lawmakers in the European Parliament are focusing their attention on the Commission’s pledge to table a 90% climate target for 2040, leading MEPs told Carbon Pulse ahead of EU climate chief Wopke Hoekstra’s confirmation hearing on Thursday.
Categories: Around The Web

Brazilian developer reviews unit count, price under updated biodiversity credit methodology

Carbon Pulse - 3 hours 39 min ago
A Brazil-based developer has revised its biodiversity credit methodology to more clearly define the units within its framework, resulting in changes to the number of credits generated by its project as well as adjustments to pricing, the company told Carbon Pulse.
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COP29 PREVIEW: Six sticking points in negotiations over next global climate finance goal

Carbon Pulse - Tue, 2024-11-05 23:52
Money for climate action – and the rules underpinning its delivery – will dominate this year’s UN climate summit more than any other in the past decade, raising tensions over how much should be mobilised, who is on the hook for providing it, under what terms it is granted, as well as how the funding is tracked and reported.
Categories: Around The Web

Norway, Iceland struggling to meet their old 2030 climate targets -report

Carbon Pulse - Tue, 2024-11-05 23:27
Norway faces a significant shortfall in reaching its previous 2030 emissions reduction goal of 40% below 1990 levels, while Iceland could also fall short of tighter targets, according to a report published last week.
Categories: Around The Web

EU’s new agriculture commissioner bets on carbon farming, not emissions trading

Carbon Pulse - Tue, 2024-11-05 23:23
The European commissioner-designate for agriculture and food dismissed the idea of creating an emissions trading system for agriculture during his European Parliament confirmation hearing on Monday evening, saying EU policymakers should instead focus on tapping into the potential of carbon farming. 
Categories: Around The Web

‘People do not want to believe it is true’: the photographer capturing the vanishing of glaciers

The Guardian - Tue, 2024-11-05 22:55

Christian Åslund was shocked at the difference between what he saw in 2002 and what confronted him this summer

Standing in blinding sunlight on an archipelago above the Arctic Circle, the photographer Christian Åslund looked in shock at a glacier he had last visited in 2002. It had almost completely disappeared.

Two decades ago Greenpeace asked Åslund to use photographs taken in the early 20th century, and photograph the same views in order to document how glaciers in Svalbard were melting due to global heating. The difference in ice density in those pictures, taken almost a century apart, was staggering.

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Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-11-05 22:12
European carbon was calm and little-changed on Tuesday morning, refusing to track firming natural gas prices as many markets appeared to adopt a watching brief for news from the US presidential election.
Categories: Around The Web

Giant spiders that can grow to size of human hand thriving in the UK

The Guardian - Tue, 2024-11-05 20:53

Collaboration between RSPB and Chester zoo leads to best mating season on record for the semi-aquatic fen raft spider

Thousands of giant spiders that can grow to the size of a human hand are thriving in the UK, thanks to a successful breeding programme from Chester zoo.

The fen raft spider is a harmless arachnid that plays a vital role in aquatic ecosystems, but 15 years ago was on the brink of extinction because of habitat loss.

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Categories: Around The Web

Japanese carbon project developer to expand business to Cambodia

Carbon Pulse - Tue, 2024-11-05 20:49
A Japanese carbon project developer has teamed up with two local partners based in Cambodia to promote an increasingly popular rice-focused methodology, as it aims to tap into the Southeast Asian country's voluntary market.
Categories: Around The Web

EU’s new transport commissioner says he will not backtrack on 2035 internal combustion engine ban

Carbon Pulse - Tue, 2024-11-05 20:36
The EU's 2035 ban on internal combustion engine cars should be upheld, the commissioner-designate for sustainable tourism and transport said during his European Parliament hearing on Monday evening.
Categories: Around The Web

AU Market: ACCUs breach A$40, continue upward as host of factors puts fire under the market

Carbon Pulse - Tue, 2024-11-05 20:18
Spot Australian Carbon Credit Units (ACCUs) on Tuesday burst through the A$40 ($26.40) mark, trading as high as A$40.75 - a 4.5% increase on the previous day's closing price - amid bullish sentiment.
Categories: Around The Web

A rebuke to those who said clean power by 2030 was unachievable: they were wrong, we were right | Ed Miliband

The Guardian - Tue, 2024-11-05 19:30

Expert analysis backs our policy and its benefits for the country. Defeatist critics should take note

  • Ed Milband is secretary of state for energy security and net zero

Labour fought and won the last election on the argument that every family and business in the country was paying the price of the previous government’s failure to deliver clean homegrown energy for Britain.

Families and businesses know from the cost of living crisis that our dependence on fossil fuel markets controlled by dictators such as Putin left the UK vulnerable and exposed to energy price spikes, as well as the escalating costs of climate breakdown. We also know that the drive to clean energy represents the greatest economic opportunity of the 21st century. That is why the prime minister has put delivering clean power by 2030 at the heart of one of his five missions for government.

Ed Milband is secretary of state for energy security and net zero

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