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Carbon capture could have huge climate impact for cement sector -report

Carbon Pulse - Thu, 2024-12-05 01:45
Cement decarbonisation technologies, including carbon capture, supplementary cementitious materials, and alternative fuels could help the sector cut an extra 422 million tonnes of CO2 emissions over the next decade, according to a new report.
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INTERVIEW: The asset manager with the billion-dollar brick in the regenerative agriculture wall

Carbon Pulse - Thu, 2024-12-05 01:42
UK-based investor Climate Asset Management (CAM) reveals how it has attracted $1 billion in investment following increasing interest in regenerative agriculture, high-quality food, and nature impacts.
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Shipping sees data, contracting, admin challenges in first year under EU ETS

Carbon Pulse - Thu, 2024-12-05 00:30
One year into the inclusion of shipping in the EU ETS, the system is now “well understood” by the maritime sector – but issues persist regarding data transparency, division of contractual responsibilities, and access to EU accounts, according to a maritime data analytics firm in its 2024 review.
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Small North Carolina town sues energy ‘Goliath’ in historic climate action

The Guardian - Thu, 2024-12-05 00:13

Carrboro officials say Duke Energy broke state laws waging decades-long ‘deception campaign’ about fossil fuels

A small North Carolina town has launched the nation’s first-ever climate accountability lawsuit against an electric utility.

The litigation, filed by officials from Carrboro, North Carolina, on Wednesday morning, accuses Duke Energy of waging a “deception campaign” to obscure the climate dangers of fossil fuels. Those efforts resulted in delayed action to curb planet-heating pollution, which has pushed up the costs of climate action today, the lawsuit says.

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US methodology developer unveils first registry-independent standard for carbon removal

Carbon Pulse - Wed, 2024-12-04 23:43
A US-based methodology developer has launched the first registry-independent standard in the carbon removal (CDR) market, the company announced on Wednesday.
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AI-powered climate tech firm discontinues VCM platform, services

Carbon Pulse - Wed, 2024-12-04 23:08
An AI-powered climate tech company has shut down its online voluntary carbon market platform and halted access to its project data and other services.
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Voluntary carbon market can grow with clear regulation, firm contracts, and digitalised data, say experts

Carbon Pulse - Wed, 2024-12-04 22:36
The voluntary carbon market has done a considerable amount of work to address criticisms over standards and environmental integrity, but now it needs the finance sector to help create the conditions for large-scale demand to trigger the investment required to scale up the market, according to speakers at a conference on Wednesday.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-12-04 22:22
European carbon continued to slip lower off the back of weakening TTF natural gas prices, amid bearish near-term fundamentals for thermal power generation, as investment funds extended their net long position to the highest total since the end of July 2023.
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Asset manager invests $350 mln in Latin American regenerative agriculture

Carbon Pulse - Wed, 2024-12-04 22:19
Chile-based investor Toesca Asset Management will invest $350 million in regenerative agriculture practices in Latin America, via a partnership with a UK-headquartered financier, to help reduce the impacts of agriculture on biodiversity loss and carbon emissions.
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UK energy retailer pledges £500k to woodland conservation charity

Carbon Pulse - Wed, 2024-12-04 21:00
E.ON Next, a UK home energy supplier, has partnered with a woodland conservation charity and pledged to donate at least £500,000 over the next three years, the utility firm announced on Wednesday.
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Voluntary, Article 6 systems can co-exist without “competition” in bid to boost quality, says ICVCM co-chair

Carbon Pulse - Wed, 2024-12-04 20:32
The regulators of the voluntary carbon market and the emerging administration of the UN’s Article 6 mechanisms may be covering the same broad territory in terms of setting standards for carbon credits, but should not be seen as competitors, according to a senior member of the ICVCM.
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Australian outfit finds biodiversity credit demand in carbon partnership

Carbon Pulse - Wed, 2024-12-04 19:58
An Australian project developer has sold 70,000 biodiversity credits over the past three months after striking a partnership with a carbon credit supplier to combine offerings.
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Most institutional investors target net zero, divided over role of carbon offsets -report

Carbon Pulse - Wed, 2024-12-04 19:56
Nearly two-thirds of asset owners and managers have committed to net-zero targets, yet opinions remain split on the role of carbon offsets in meeting these goals, according to a report released this week.
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Brussels preparing ‘net’ climate goal for 2040, EU sources confirm

Carbon Pulse - Wed, 2024-12-04 19:49
The European Commission is preparing to unveil its 2040 climate target proposal towards the end of February, based on the assumption that it will be a “net” greenhouse gas reduction objective of 90% that also includes CO2 removals from soils and forestry, a senior EU source told Carbon Pulse.
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Chinese papermaker secures contracts to grow carbon project pipeline

Carbon Pulse - Wed, 2024-12-04 18:39
A Shanghai-listed forestry and paper company is gearing up for the expansion of its nature-based carbon business in China, with several new projects in the pipeline. 
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Govt panel says New Zealand can lower methane reduction ambitions

Carbon Pulse - Wed, 2024-12-04 18:35
Even if the world meets its global 1.5C temperature target, New Zealand can get away with reducing methane emissions at the very low end of its legislated target, and even go below that if climate action elsewhere is less successful, a controversial government panel said Wednesday.
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Major biochar project to get grant funding in Western Australia

Carbon Pulse - Wed, 2024-12-04 17:31
One of the world’s largest biochar carbon removals projects is among the five recipients to receive a total A$33.6 million ($21.7 mln) in concessional grant funding from the government of Western Australia, according to an official announcement.
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