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Norwegian developer completes large modular carbon capture plant

Carbon Pulse - 1 hour 30 min ago
A Norway-headquartered carbon project developer has completed the commissioning of a 100,000-tonne-per-year modular carbon capture plant at a waste-to-energy facility in the Netherlands, the company said Thursday.
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Study highlights Canada’s seabed sediment as critical carbon sink

Carbon Pulse - 2 hours 12 min ago
A new study published Friday has highlighted the pivotal role of Canada’s seabed sediments as carbon sinks, stressing the urgent need for stronger protections.  
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Global Energy Transition Forum launched in Davos, in support of UN climate goals

Carbon Pulse - 2 hours 58 min ago
The President of the European Commission Ursula von der Leyen launched a new Global Energy Transition Forum on Thursday, with the intention of supporting UN countries' climate plans.
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BRIEFING: Compliance scheme needed soon to deal with low liquidity in Malaysian market -exchange

Carbon Pulse - 3 hours 40 min ago
The federal government of Malaysia must bring in compliance carbon market regulations as reliance on the voluntary market alone means it will take a long time to achieve the desired level of liquidity in the market, a representative from Bursa Carbon Exchange (BCX) said Thursday.
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WWF sounds alarm over threats to old forests in Sweden, Finland

Carbon Pulse - 3 hours 55 min ago
Finland and Sweden are failing to protect their primary and old-growth forests, which are increasingly threatened by budget cuts and logging activities, according to a WWF report.
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UK appoints former COP president as chair of the Transition Finance Council

Carbon Pulse - 4 hours 13 min ago
The UK government and the City of London Corporation have appointed a former COP president as chair of the Transition Finance Council, they announced on Thursday.
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Steel emissions remains challenging for South Korean car giant, report says

Carbon Pulse - 4 hours 15 min ago
South Korea’s car making giant Hyundai may start to lose out to peers with stronger emissions reduction plans as tariffs such as the EU Carbon Border Adjustment Mechanism (CBAM) come into effect, penalising automakers whose steel emissions remain high, a think tank said Thursday.
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Environmental activist steps back from the fight ‘disappointed’ by Labour so far

The Guardian - Thu, 2025-01-23 23:45

Mark Avery to stand down from role with Wild Justice but won’t completely give up campaigning, he insists

If government ministers and civil servants are grey squirrels, they may think they can rest easy – the predatory pine marten in the Westminster jungle is leaving them in peace.

A campaigner who has “created a landscape of fear” over the authorities’ failure to protect nature is stepping back from Wild Justice to spend more time with the wildlife – and grandchildren – in his garden.

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NZ Market: NZUs hit 13-month high

Carbon Pulse - Thu, 2025-01-23 23:17
The price of carbon allowances in the New Zealand emissions trading scheme reached an annual high on Thursday amid large trading volumes.
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UK plans to stop multiple nature-related legal challenges to development

Carbon Pulse - Thu, 2025-01-23 22:11
The UK government plans to reduce the number of biodiversity-related legal challenges allowed for major infrastructure projects from three to one.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2025-01-23 22:10
European carbon prices jumped strongly on Thursday morning, adding as much as 3.6% as a rise in German power prices was reported to have pulled gas and EUAs higher, breaching technical levels and triggering more discussion about the market's increasing speculative length.
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US startup raises $26 mln for synthetic gas DAC system

Carbon Pulse - Thu, 2025-01-23 21:54
A US-based direct air capture (DAC) firm has raised $26 million to complete the development of its flagship system and deploy it at a desert test site, the company announced this month.
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BeZero wants carbon credit rating agencies regulated, soon after topping $100 mln of investment

Carbon Pulse - Thu, 2025-01-23 21:53
BeZero Carbon has published a “new blueprint” for governments designing scalable carbon markets, including a future where its fledgling industry becomes regulated to maintain independence and integrity in assessing credits.
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Nature conservation ‘sexier’ than hyped-up technological endeavours, project financier says

Carbon Pulse - Thu, 2025-01-23 21:51
People are forgetting the urgent need to conserve nature, focusing instead on 'sexier' technological endeavours such as artificial intelligence, robotics, free and abundant energy, and space travel, according to the head of financier for nature-based carbon projects, which is planning to work on 40 or more new activities this year.
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Taiwan proposes 2035 emissions reduction target

Carbon Pulse - Thu, 2025-01-23 20:31
Taiwan on Thursday proposed to reduce its emissions by up to 40% by 2035 as its latest Nationally Determined Contribution (NDC).
Categories: Around The Web

INTERVIEW: Korean securities firm seeks opportunities in international carbon markets

Carbon Pulse - Thu, 2025-01-23 18:19
One of South Korea's largest securities companies is gearing up for expansion in carbon markets both at home and abroad, with a potentially growing international offset project pipeline, a company official told Carbon Pulse.
Categories: Around The Web

Australia ‘not giving up’ on Paris climate agreement despite Trump withdrawal, Bowen says

The Guardian - Thu, 2025-01-23 17:05

But climate change and energy minister says government will not announce its 2035 emissions target before election

Australia’s climate change and energy minister, Chris Bowen, is “not giving up” on the Paris climate agreement despite the US president, Donald Trump, moving to pull the world’s second-largest polluter out of the global accord.

Bowen made the comments as the opposition leader, Peter Dutton, all but ruled out withdrawing from Paris if he won the federal election in 2025, suggesting such a move would damage trading relationships and cost jobs.

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Categories: Around The Web

Indonesia signs MoU with ExxonMobil for CCS at planned plastics plant

Carbon Pulse - Thu, 2025-01-23 15:41
Indonesia signed a Memorandum of Understanding (MoU) with ExxonMobil this week to progress carbon capture and storage (CCS) work in tandem with a $10-billion petrochemical plant.
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2024 ACCU issuance hits record high, but short of regulator forecast

Carbon Pulse - Thu, 2025-01-23 15:32
Last year saw some 18.78 million Australian Carbon Credit Units (ACCUs) issued to projects, a record high, but short of the 20 mln initially expected by the Clean Energy Regulator (CER), highlighting longer-term supply concerns.
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EU carbon pricing, CBAM will cut European emissions but economic costs persist -central bank study

Carbon Pulse - Thu, 2025-01-23 15:00
A sharp rise in the EU's carbon price combined with a Carbon Border Adjustment Mechanism (CBAM) could significantly reduce emissions but also carries economic trade-offs, a new central bank study has found.
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