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New Zealand climate commission pushes net negative 2050 target

Carbon Pulse - Thu, 2024-12-05 15:47
New Zealand’s Climate Change Commission (CCC) has called for more severe emissions reductions across all sectors in its updated advice to government published Thursday, while recommending shipping and aviation emissions to be included in a net negative 2050 target.
Categories: Around The Web

Regional gas lobby releases legal recommendations on cross-border CCS projects

Carbon Pulse - Thu, 2024-12-05 15:30
An industry coalition of energy majors has released a set of recommendations for cross-border carbon capture and storage (CCS) projects in the Asia Pacific, in order to provide the necessary legal clarity in the absence of international regulations.
Categories: Around The Web

Trusted partner to the Pacific, or giant fossil fuel exporter? This week, Australia chose the latter

The Conversation - Thu, 2024-12-05 13:46
Vanuatu’s climate case at the International Court of Justice poses a real challenge to Australia’s standing in the region. Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Liam Moore, Lecturer in International Politics and Policy, James Cook University Licensed as Creative Commons – attribution, no derivatives.
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Biochar-based potting mix startup raises $3.6 mln in seed round

Carbon Pulse - Thu, 2024-12-05 12:58
A New York-headquartered sustainable soil company offering biochar alternatives to peat-based potting mixes has announced the completion of a $3.6-mln seed funding round aimed at transforming the horticulture industry through carbon-negative solutions.
Categories: Around The Web

ASEAN can unlock $3 trillion revenue from carbon markets, analysis finds

Carbon Pulse - Thu, 2024-12-05 12:00
The Association of Southeast Asian Nations (ASEAN) has the potential to unlock up to $3 trillion in revenue through the reduction or removal of 1.1 billion tonnes of CO2e per year by 2050 if member states develop regulations to support domestic carbon markets, a report released Thursday has found.
Categories: Around The Web

INTERVIEW: White House guidance needed for regulators considering AI growth

Carbon Pulse - Thu, 2024-12-05 11:30
Energy regulators need more guidance when considering the opportunities and challenges of artificial intelligence (AI) on grid reliability, a former chair of the US Federal Energy Regulatory Commission (FERC) told Carbon Pulse.
Categories: Around The Web

CORSIA market liquidity hinges on Article 6 alignment by eligible carbon standards -report

Carbon Pulse - Thu, 2024-12-05 11:27
Newly CORSIA-eligible carbon standards under the UN’s aviation offsetting scheme will likely enhance liquidity in this credit-strapped market – but only if emission units comply with Article 6 requirements, and if participating countries institute “correct and balanced” incentives and penalties, as per a report published Wednesday by an international project developer.
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Scientists counted 49 ways Australia is destroying the ecosystems we hold dear – but there is hope

The Conversation - Thu, 2024-12-05 11:25
Many ecosystems face multiple serious threats. Recovery will be complex and difficult – but not impossible. Javiera Olivares-Rojas, Postdoctoral Research Fellow, Monash University Jessica Walsh, Lecturer in Conservation Science, Monash University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Mining industry faces tough road to decarbonisation amid surging demand for critical minerals -report

Carbon Pulse - Thu, 2024-12-05 10:22
The global mining industry faces a steep challenge in its efforts to decarbonise, with emissions reductions falling far short of targets needed to align with international climate goals, according to a new report.
Categories: Around The Web

Stakeholders make final case for OCFP changes ahead of vote on approval 

Carbon Pulse - Thu, 2024-12-05 10:10
The final draft of Oregon’s Clean Fuels Program (OCFP) requires numerous refinements to better support businesses and drive investments for low carbon initiatives, industry voices told the state's Department of Environmental Quality (DEQ).
Categories: Around The Web

Carbon removal buyers club signs offtake agreement with South American biochar developer

Carbon Pulse - Thu, 2024-12-05 10:01
A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.
Categories: Around The Web

Energy professionals sceptical UK will hit climate targets

Carbon Pulse - Thu, 2024-12-05 10:01
Most energy professionals in the UK believe the country will fail to hit its climate targets, casting doubt over the government's flagship policy to decarbonise the electricity grid by 2030, a survey has found.
Categories: Around The Web

State of Colima approves second-highest CO2 tax in Mexico

Carbon Pulse - Thu, 2024-12-05 09:31
The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.
Categories: Around The Web

Major carbon ETF adds Washington state allowances to holdings after market survives vote

Carbon Pulse - Thu, 2024-12-05 08:35
A major US-listed carbon ETF has added Washington state’s cap-and-trade allowances to its holdings in its latest reweighting.
Categories: Around The Web

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