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US awards $335 mln to fund sustainable forestry

Carbon Pulse - Fri, 2024-12-13 16:09
The US Department of Agriculture announced this week awards of nearly $335 million in financial incentives under the flagship Inflation Reduction Act (IRA) for private forest landowners to manage their forests sustainably in partnership with states.
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Australian opposition’s nuclear plan would see higher emissions for longer -report

Carbon Pulse - Fri, 2024-12-13 15:34
Emissions under the Australian opposition’s proposed plans for nuclear energy would see coal-fired power stations operate for longer and subsequently higher emissions, according to a costings report it released Friday.
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FEATURE: Carbon markets will almost certainly be counted towards climate finance goal, even without specific mention

Carbon Pulse - Fri, 2024-12-13 15:01
The money flowing into international carbon markets could be counted in future tallies of global climate finance — although the lack of a specific mention in the final agreement on a new global goal at COP29 means that the extent to which this happens, and how trust in the market is ensured, is largely up in the air. 
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Ed Miliband pledges ‘most ambitious reforms to UK energy system in generations’

The Guardian - Fri, 2024-12-13 15:00

Energy secretary to set out plan to boost renewable energy supply, such as building canopies of solar panels on outdoor car parks

Ed Miliband has pledged to bring in “the most ambitious reforms to the country’s energy system in generations” as he presses ahead with plans to accelerate the development of onshore windfarms in England.

The energy secretary is to set out the government’s “clean power 2030” plan on Friday, including measures to boost the UK’s renewable energy supply such as building canopies of solar panels on outdoor car parks.

Reforming the system for connecting new projects to the national grid to prioritise the most viable projects;

Speeding up decisions on planning permission by empowering planners to prioritise critical energy infrastructure;

Expanding the renewable auction process to allow funding to be secured before planning permission in an effort to stop delays and get more projects connected;

Allowing households to get access to cheaper tariffs at different times of day.

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Categories: Around The Web

Miliband unveils new powers to approve large wind farms

BBC - Fri, 2024-12-13 12:43
The change is part of the government's new action plan for meeting its 2030 clean power target.
Categories: Around The Web

WCI Markets: CCAs skittish with options expiry uncertainty, WCAs claw back from auction stunner

Carbon Pulse - Fri, 2024-12-13 11:34
California Carbon Allowances (CCA) options activity on ICE picked up this week ahead of the last expiry for the year, while surprise auction results of the Q4 permit sale defined volatility in Washington Carbon Allowances (WCA). 
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US EPA announces $1.6 bln grants for environment, climate justice

Carbon Pulse - Fri, 2024-12-13 11:34
The US EPA awarded more than $1.2 billion in funding for 84 local environmental and climate justice projects on Thursday, as part of the Community Change Grants Program. 
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Global CCS capacity to outstrip LNG volume -report

Carbon Pulse - Fri, 2024-12-13 10:46
Global CCS capacity is estimated to outstrip global LNG supply volumes within the 2030s, yet would be unsustainable without a supportive commercial carbon price, according to forecasts released by a data and analytics company.
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Minnesota regulators approve SCS CO2 pipeline

Carbon Pulse - Fri, 2024-12-13 10:03
Minnesota’s Public Utilities Commission (PUC) on Thursday unanimously approved Summit Carbon Solutions’ (SCS) permit request to construct a segment of its proposed CO2 pipeline within the state.
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UK farming gets act together on measuring carbon with launch of baselining pilot

Carbon Pulse - Fri, 2024-12-13 10:01
The first steps to create a nationwide map of the environmental impact of UK agriculture are underway with the launch of carbon audits across 170 farms.
Categories: Around The Web

UK plans “once-in-a-generation” energy investment splurge in bid to hit 2030 clean power target

Carbon Pulse - Fri, 2024-12-13 10:01
The UK has unveiled a $40-billion plan to massively scale clean energy by 2030, as part of a strategy published Friday that outlines how the country will achieve at least 95% clean power by the end of the decade.
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