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US FERC dismisses complaint Dominion overcharged for RGGI costs
The US Federal Energy Regulatory Commission (FERC) has dismissed a complaint from the Virginia Municipal Electric Association (VMEA) that Dominion Energy improperly accounted, and subsequently over-charged, for its RGGI costs.
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CDR is key tool for US utilities with net zero goals -report
A US-based coalition of carbon management companies published on Tuesday a report highlighting the synergies between the carbon dioxide removal (CDR) industry and electric utilities working towards decarbonisation.
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Where do we stash the equivalent of 110 Sydney harbour bridges? That’s the conundrum Australia faces as oil and gas rigs close
Many of Australia’s offshore oil and gas projects have finished. Wells need to be plugged; steel structures and pipelines removed. There’s A$60 billion worth of work to be done in coming decades.
Darryn Snell, Associate professor, School of Management, RMIT University
Al Rainnie, Adjunct professor, UniSA Business, University of South Australia
Licensed as Creative Commons – attribution, no derivatives.
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Dutton’s nuclear plan would mean propping up coal for at least 12 more years – and we don’t know what it would cost
It seems increasingly clear the Coalition’s nuclear policy would prolong Australia’s reliance on fossil fuels, at a time when the world is rapidly moving to far cleaner sources of power.
Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute
Licensed as Creative Commons – attribution, no derivatives.
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US commodity price reporter partners to launch exchange platform for tech-based offsets
A tech company has partnered with a major price reporting agency to launch a trading platform for the voluntary carbon market that will focus on the exchange of tech-based carbon offsets, the companies announced Tuesday.
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CWNYC24: Philanthropy isn’t enough – Global South groups ask SBTi to allow carbon credits for Scope 3
A group of Global South community-based climate organisations is calling on the Science Based Targets Initiative (SBTi) to allow companies to use carbon credits to offset their Scope 3 emissions, they announced on Tuesday.
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Polish climate plans held back by steel’s slow transition
A not-so-mature transition of the Polish steel industry is slowing decarbonisation in the country and in the EU, according to analysts who are urging Warsaw to "make a decision now, not later".
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UK authority seeks views on proposed technical amendments to ETS
The UK ETS Authority announced this week a series of proposed technical and operational amendments to the market, with a consultation now open until mid-October on the changes.
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European CO2 storage body could mitigate CCS risks -report
The risks of geological carbon storage could be mitigated by more government involvement, EU-set CO2 purity standards, and third-party verifiers, according to an environmental research institute.
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Airlines face ‘eye watering’ net zero bill, CORSIA just 1% of the transition cost, says industry group
Airlines can meet net zero by 2050 but the transition bill will hit $4.7 trillion and need policy intervention, according to industry group IATA, with the CORSIA costs to account for only a fraction of the total.
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New species of invasive flatworm discovered in three southern US states
Amaga pseudobama was first spotted in 2020 in North Carolina and has now spread to Florida and Georgia
A new species of invasive flatworm has been discovered in the United States and has been found in several states in the south, according to a new paper.
The species, named Amaga pseudobama, was discovered by an international team of researchers and first spotted in 2020 in North Carolina. It is thought to be native to South America.
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IATA to offer CORSIA-eligible carbon credits to airlines at special Q4 event
Airlines will be able to buy carbon credits eligible for CORSIA Phase 1 at a special event hosted by industry association IATA in the final quarter of the year, the industry association announced Tuesday, also publishing an update to its net-zero roadmap for the sector.
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CWNYC24: Standards body, US investment bank partner to advance GHG, plastic reduction efforts
A major standards body and a large US investment bank have agreed to collaborate in advancing environmental markets and developing innovative financial solutions that specifically target greenhouse gas and plastic waste reduction initiatives.
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Carbon Pulse bolsters global reporting teams with fresh hires, promotions
Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.
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INTERVIEW: The legal red flags of dropping carbon removals into compliance schemes
The undefined legal nature of a carbon credit, and the vast gulley between the cost of many new technologies and current allowance prices, are red flags cited by a lawyer reflecting on proposals to integrate carbon removals in compliance schemes.
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Three-quarters of voluntary carbon supply is ‘low quality and low price’ – report
Three-quarters of carbon projects in the voluntary carbon market (VCM) are ‘low quality and low price’, according to new research published on Tuesday.
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Next EU ETS revision to address carbon capture and removals, official says
There will be a role for carbon removals in the late 2030s to address the residual emissions of agriculture and hard-to-abate industries in the European carbon market, an issue that will be addressed in the next revision of the ETS directive, an EU official confirmed on Tuesday.
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Hungary aims to address farmers’ CAP worries during its EU presidency
Hungary is expected to address European farmers' concerns around the Common Agricultural Policy (CAP) - including on extreme weather associated with climate change and the Green Deal's objectives - by the end of its rotating presidency of the EU Council, according to a minister.
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Few companies buying voluntary carbon credits as a ‘licence to pollute’, finds report
Claims that corporates have used voluntary carbon credits as a “licence to pollute” fail to stand up to scrutiny, according to a report released Tuesday.
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Global disclosure system, climate data platform expand partnership to provide information from 10,000 companies
An open repository for private sector climate data and an independent environmental disclosure platform will expand their partnership to publicly share a core set of climate data from over 10,000 companies, the two organisations announced Tuesday.
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