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UK govt updates free carbon permit allocation list for 2025 with minimal drop from current year’s total

Carbon Pulse - Fri, 2024-12-20 04:07
The UK government has published an updated list of free carbon permit handouts by installation for the period 2021-25, which will see levels in 2025 fall by less than 100,000 tonnes compared with 2024, though annual volumes in each year are lower than the previous totals published over the summer.
Categories: Around The Web

FEATURE: Social acceptance of the Green Deal at a minimum endangers EU ETS2

Carbon Pulse - Fri, 2024-12-20 02:21
The second chapter of the EU's Emissions Trading System risks being delayed and watered down if governments leverage certain clauses aimed at protecting vulnerable people, as political clashes within the bloc continue to undermine the reputation and very existence of the European Green Deal.
Categories: Around The Web

Voluntary carbon market saw healthy volume across wide price range in November, says exchange

Carbon Pulse - Fri, 2024-12-20 00:41
Healthy volumes of high-priced voluntary carbon credits changed hands in November, across a very wide range of traded values, according to an exchange platform.
Categories: Around The Web

US pledges new 2035 emissions reduction NDC target

Carbon Pulse - Fri, 2024-12-20 00:03
The White House released plans Thursday to reduce economy-wide emissions 61-66% by 2035 as part of its updated nationally determined contribution (NDC), in accordance with the Paris Agreement.
Categories: Around The Web

Australia approves four more coal mine life extensions

Carbon Pulse - Thu, 2024-12-19 23:43
Australia on Thursday approved life extensions for four more coal mines, to condemnation from environmental groups.
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EU ETS-financed Modernisation Fund doles out €2.7 bln to eight countries

Carbon Pulse - Thu, 2024-12-19 23:34
The EU disbursed €2.7 billion from the EU ETS-financed Modernisation Fund for decarbonisation measures in eight member states, the European Commission announced, at the same time it approved billions of euros of state aid for clean energy projects.
Categories: Around The Web

INTERVIEW: We feel the buzz in wake of COP29 Article 6 decision, says project developer

Carbon Pulse - Thu, 2024-12-19 23:29
The CEO of a large carbon project developer has said that excitement is building across the voluntary carbon market after countries finalised the Article 6 rulebook at COP29 in Baku.
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Japan to ramp up renewables, give place to CDR in energy and climate strategy

Carbon Pulse - Thu, 2024-12-19 23:22
Japan has released the draft version of its 7th Energy Basic Plan, proposing to ramp up the share of renewables in its energy mix while saying carbon dioxide removal (CDR) will be needed to offset emissions it can’t otherwise eliminate.
Categories: Around The Web

Revealed: how a US public university courted the gas industry despite climate impacts

The Guardian - Thu, 2024-12-19 23:00

McNeese State University in Louisiana building a liquefied natural gas center, prompting fears of ‘corporate capture’

One of Louisiana’s top public universities has prompted concerns about “corporate capture” over its expanding relationship with the liquefied natural gas (LNG) industry, despite environmental warnings about pollution and prolonging fossil fuel use.

As the US’s LNG boom gained momentum in south-west Louisiana, McNeese State University courted the industry to help launch a new LNG Center of Excellence currently under construction, hired a director doubling as an LNG industry lobbyist, and approached federal regulators to co-locate their own research center at the university, according to emails obtained via public records requests by DeSmog and the Guardian.

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INTERVIEW: As climate disclosure rules kick in, CDP shifts focus to making sure the data drives change

Carbon Pulse - Thu, 2024-12-19 22:59
The arrival of sweeping EU disclosure requirements next month is prompting one of the chief drivers of voluntary corporate climate disclosures, CDP, to adapt its remit to a focus on reducing the burden of reporting, and making sure that the right data is collected and put into action.
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Chile adds two new standards to roster of offsets admissible under CO2 tax

Carbon Pulse - Thu, 2024-12-19 22:49
Chile’s CO2 tax, which accepts select carbon units in lieu of payment on a tonne-for-tonne basis, has added two new standards and all their methodologies to its eligibility pool, potentially bringing in millions of tax-eligible credits to a supply-constrained market.
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INTERVIEW: CO2 to e-methanol project aims to improve outlook for EU steel

Carbon Pulse - Thu, 2024-12-19 22:20
An industrial project to decarbonise steel and produce e-methanol aims to improve the competitiveness of Europe’s steel industry and reduce its exposure to the EU ETS.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-12-19 22:19
European carbon reached midday on Thursday substantially higher after earlier moving in a comparatively narrow range, as natural gas prices appeared to reassert their influence over the EU ETS amid speculation over whether and how the bloc will source additional supplies next year.
Categories: Around The Web

Bird flu sweeps through zoos with ‘grave implications’ for endangered animals

The Guardian - Thu, 2024-12-19 22:00

Call for additional precautions as captive species including lions, tigers and cheetahs are killed by virus

Dozens of rare animals including tigers, lions and cheetahs are dying as bird flu infiltrates zoos, with potentially “grave implications” for endangered species, researchers have warned.

As a growing number of zoos report animal deaths, scientists are concerned that infected wild birds landing in enclosures could be spreading it among captive animals. In the US, a cheetah, mountain lion, Indian goose and kookaburra were among the animals that died in Wildlife World Zoo near Phoenix, according to local media reports last week. San Francisco Zoo temporarily closed its aviaries after a wild red-shouldered hawk was found dead on its grounds, and later tested positive for highly pathogenic avian influenza (HPAIV). A rare red-breasted goose died at Woodland Park Zoo in Seattle, causing aviaries to close and penguin feeding for visitors to be suspended in November. These cases follow the deaths of 47 tigers, three lions, and a panther in zoos across south Vietnam over the summer.

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South Korea to phase down subsidies for biomass due to environmental concerns

Carbon Pulse - Thu, 2024-12-19 21:31
South Korea announced Wednesday it will phase down subsidies for private and state-owned biomass facilities following widespread criticism over their impact on climate as well as the industry's role in fuelling deforestation.
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EKI Energy earns ‘stable’ ratings outlook amid carbon market challenges

Carbon Pulse - Thu, 2024-12-19 19:27
A ratings agency has revised the outlook for India’s largest carbon credit developer EKI Energy to “stable” from “negative”, reflecting improving financials despite continued challenges in the global carbon credit market.
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