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Australia, Singapore looking to clean, green maritime operations

Carbon Pulse - Wed, 2024-04-17 13:18
Singapore and Australia plan a A$20 million ($12.85 mln) spend via the the Australia-Singapore Initiative on Low Emissions Technologies (ASLET) for maritime and port operations, the two said Wednesday.
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POLL: Analysts again slash EUA price forecasts amid no signs of demand recovery

Carbon Pulse - Wed, 2024-04-17 12:30
Analysts have once again cut their outlook for EU carbon prices, slashing their near-term forecasts by 10-15% on a mix of weak demand and ample supply.
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SBTi Scope 3 decision could create a $1.1 trillion carbon market -BNEF

Carbon Pulse - Wed, 2024-04-17 10:49
Annual demand for high quality carbon credits under the Science-based Target initiative’s (SBTi) proposed new Scope 3 emissions offsetting rules could reach 5.9 billion tonnes, according to analysts, despite the significant uncertainty caused by the backlash in the wake of the announced changes.
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Private investment and low cost finance critical in supporting emerging nations’ net zero transitions -panel

Carbon Pulse - Wed, 2024-04-17 10:45
Finance ministries’ roles in developing a robust policy framework to provide necessary incentives for the private sector to support net zero transitions, coupled with low cost lending, will play a crucial role in assisting emerging nations’ climate goals, experts emphasised at a panel discussion Tuesday.
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Canada budget targets C$2.5 bln small business carbon rebates, CCfD expansion

Carbon Pulse - Wed, 2024-04-17 10:34
Prime Minister Justin Trudeau’s 2024 budget, released Tuesday, sees an overdue reimbursement of C$2.5 billion ($1.8 bln) in carbon tax rebates to small businesses, delivery of prior announced investment tax credits by the end of 2024, and commits to exploring additional carbon contracts for difference (CCfDs).
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ANALYSIS: Environmental, economic interests converge in US federal CBAM bills

Carbon Pulse - Wed, 2024-04-17 09:29
Proposals for various forms of a US carbon border adjustment mechanism (CBAM) are bringing together environmentally focused and economically inclined politicians from opposite sides of the political spectrum, offering a rare glimmer of hope for bipartisan agreement against an increasingly contentious climate-oriented global trade backdrop.
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Verra announces VCS updates to support CORSIA, CPP eligibility

Carbon Pulse - Wed, 2024-04-17 09:00
Verra released Tuesday what it called "minor" updates of its Verified Carbon Standard (VCS), hoping for full approval under Phase 1 of the international aviation offsetting scheme CORSIA, as well as being eligible for the Core Carbon Principles (CCP) label.
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Brazilian bank allocates R$98 mln from Amazon Fund to combat deforestation

Carbon Pulse - Wed, 2024-04-17 08:42
A Brazilian state will receive funding from the country’s development bank that manages the Amazon Fund to address illegal deforestation and forest degradation, according to a press release.
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Texas and California firms partner to develop SAF using waste CO2

Carbon Pulse - Wed, 2024-04-17 06:36
A California low-carbon electrofuels (efuels) developer has agreed to purchase captured CO2 from a Texas energy firm to primarily produce sustainable aviation fuel (SAF), the companies announced Wednesday.
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Light pollution affects coastal ecosystems too – this underwater ‘canary’ is warning of the impacts

The Conversation - Wed, 2024-04-17 06:16
The common triplefin is helping marine scientists understand the negative effects of ‘skyglow’ on coastal fish, which are already more exposed to microplastics, chemicals and noise pollution. Kathleen Laura Sterup, Postgraduate in Marine Biology, Te Herenga Waka — Victoria University of Wellington Abigail M Smith, Professor of Marine Science, University of Otago Licensed as Creative Commons – attribution, no derivatives.
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Bezos Earth Fund to award $100 mln for AI-based climate solutions

Carbon Pulse - Wed, 2024-04-17 05:55
US-based Bezos Earth Fund on Tuesday announced $100 million available in grant awards for solutions that use AI to address climate change.
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Emissions reduction technology firm signs agreement with SAF, biodiesel producers in Spain

Carbon Pulse - Wed, 2024-04-17 05:54
A new biofuels plant in Spain will utilise industrial hydrotreating technology to reduce emissions in the production of sustainable aviation fuel (SAF) and biodiesel, the companies announced Tuesday.
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Carbon project developer, non-profit create tokenised ‘co-benefit unit’ to be attached to ACCU issuance  

Carbon Pulse - Wed, 2024-04-17 05:00
Australian Carbon Credit Units (ACCUs) issued to a project in Western Australia will be stapled to independently verified 'co-benefit units’ tokenised on blockchain, according to its developers.
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Thermal power in Russia to keep on dominating energy mix in next decade

Carbon Pulse - Wed, 2024-04-17 03:08
Thermal power will continue to dominate Russia’s annual generation mix from 2024-35, according to a data and analytics company.
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EU nations call for sustainable carbon policy package for chemicals

Carbon Pulse - Wed, 2024-04-17 03:07
Some EU member states are calling upon the European Commission to put forward a policy package on sustainable carbon for the chemical industry, according to a joint statement they delivered to the commissioner in charge of climate action, Wopke Hoekstra, in Brussels on Tuesday.
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Global commodities firm deploys real time emissions reporting tech on LNG carrier

Carbon Pulse - Wed, 2024-04-17 03:03
A Singapore-headquartered global commodities trading house plans to deploy a Swiss firm's technology for real time measurement and reporting of GHG emissions, the companies said Monday.
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