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Canada weakens final clean electricity regulations

Carbon Pulse - Wed, 2024-12-18 08:21
Canada’s environment ministry has weakened its clean electricity regulations (CER) in a final version published Tuesday, opting for a less stringent emissions standard for power generators compared to prior drafts.
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EU states hesitant on ETS2 amid worries about auto sector’s future

Carbon Pulse - Wed, 2024-12-18 08:00
Several EU nations worry the implementation of a new Emissions Trading System (ETS) for transport and heating fuels, as well as a looming ban on CO2-emitting cars, may harm the bloc's automotive sector, with more and more hesitations emerging from Tuesday's Environment Council.
Categories: Around The Web

Ratings agency integrates safeguards scoring in voluntary carbon project risk assessments

Carbon Pulse - Wed, 2024-12-18 07:31
A voluntary carbon market (VCM) ratings agency has introduced environment and social safeguards as part of a project’s risk assessment criteria, it announced Tuesday.
Categories: Around The Web

Frontier inks $80 mln offtake deal for removals from paper mills, wastewater facilities

Carbon Pulse - Wed, 2024-12-18 06:43
A carbon credit buyers club has reached offtake agreements with two carbon removal startups totalling $80 million that are slated to remove nearly 300,000 tonnes of CO2 by 2030, according to a Tuesday announcement.
Categories: Around The Web

Some EU countries push for separate carbon removals target for 2040

Carbon Pulse - Wed, 2024-12-18 06:11
EU member states are considering the possibility of setting a specific target for carbon removals in the EU's new emissions reduction target for 2040, which is due to be negotiated over the course of next year.
Categories: Around The Web

Quebec to ban sale of new internal combustion engine cars in 2035

Carbon Pulse - Wed, 2024-12-18 05:48
Quebec will ban the sale and lease of combustion engine-powered light-duty vehicles in 2035, according to regulations approved by the provincial cabinet in December.
Categories: Around The Web

UK govt projects bigger emissions reductions by 2050, policies ramp up

Carbon Pulse - Wed, 2024-12-18 05:42
The UK is on track to meet its two domestic emissions reduction targets covering 2023-32, with energy demand and greenhouse gases set to fall by nearly a quarter out to 2050, according to government data published Tuesday evening.
Categories: Around The Web

A push to cool Australian cities may inadvertently increase our skin cancer risk, unless we act

The Conversation - Wed, 2024-12-18 05:09
Light-coloured footpaths, roads and other surfaces are increasingly used to reflect the sun’s rays and cool our cities. But they also reflect cancer-causing UV radiation. Hugh Stanford, Researcher Associate, Centre for Urban Research, RMIT University Joe Hurley, Professor, Sustainability and Urban Planning, RMIT University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

UK hydrogen programme moving ‘at pace’ as government lays out agenda for next year

Carbon Pulse - Wed, 2024-12-18 05:01
The UK hydrogen strategy is moving “at pace”, with a number of key milestones reached in 2024, according to a strategy update released on Thursday, which also laid out what policy developments are expected in 2025.
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Strategic enrolment, anticipatory behaviour in JREDD risk undermining fight against mass deforestation, study warns

Carbon Pulse - Wed, 2024-12-18 04:42
A new study has raised concerns about the effectiveness of jurisdictional REDD+ (JREDD) programmes, revealing how strategic enrolment decisions and anticipatory behaviour risk undermining efforts to curb deforestation and reduce carbon emissions.
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Italy gets EU green light for aid to build 18 GW of new renewables

Carbon Pulse - Wed, 2024-12-18 03:37
Italy has received the green light on Tuesday for a €9.7-billion scheme to support the construction of new renewable power capacity that could increase the country's installed total by nearly a third compared to 2023.
Categories: Around The Web

Vietnam makes major changes to planned ETS, analysts find

Carbon Pulse - Wed, 2024-12-18 03:36
The latest draft regulations for Vietnam’s planned emissions trading scheme include a number of significant changes that will have a big impact on the market, according to analysts who have seen the unpublished document.
Categories: Around The Web

Euro Markets: EUAs slump late on resumption of sustained selling pressure

Carbon Pulse - Wed, 2024-12-18 03:14
The December 2025 EUA future started its run as the benchmark carbon contract trading in a relatively narrow range on Tuesday morning, before prices slumped late in the day to post a 1.5% fall, triggered by a brief period of substantial selling that sources said reflected both positioning changes and technicals.
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Value of retired voluntary carbon credits jumps in 2024 -analysis

Carbon Pulse - Wed, 2024-12-18 02:28
The value of credits retired in the voluntary carbon market jumped to around $900 million in the first 11 months of the year, as the market recalibrated around quality and impact, according to research published by a marketplace.
Categories: Around The Web

FEATURE: CSRD to spell end of companies cherry-picking how they disclose climate risk

Carbon Pulse - Wed, 2024-12-18 01:14
The requirement for many large companies to start disclosing under the EU’s Corporate Sustainability Reporting Directive (CSRD) from next year will improve the quality and consistency of reporting on ESG issues, bringing it up to investor-grade quality on par with other financial disclosures, experts have said.
Categories: Around The Web

Major asset managers lead opposition to biodiversity resolutions, NGO finds

Carbon Pulse - Wed, 2024-12-18 01:06
Shareholders submitted a record number of biodiversity-related resolutions this year, though most of them have been blocked due to the opposition of some of the world's biggest asset managers, an NGO has said.
Categories: Around The Web

US startup secures $2.3 mln to scale food waste-based carbon credits

Carbon Pulse - Wed, 2024-12-18 00:34
A Boston-headquartered startup has raised $2.3 million to generate carbon offsets from methane emissions avoided by diverting edible food from landfills, the company announced on Monday.
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