Feed aggregator

Slovenia pledges €403 mln to rescue coal assets amid phaseout push -media

Carbon Pulse - Tue, 2024-12-10 02:06
The Slovenian government has committed €403 million to prevent the bankruptcy of the Sostanj coal power plant and the Velenje mine, taking control of both from state-owned utility Holding Slovenske Elektrarne (HSE) as part of its plan to phase out the fuel source by 2033.
Categories: Around The Web

How anger at the rollout of renewables is being hijacked by a new pro-nuclear network

The Guardian - Tue, 2024-12-10 00:00

An alliance of political groups is harnessing real fears about the local impact of renewables projects across Australia – and using them to spruik nuclear power

The entrance is marked by an AI-generated image of a dead whale, floating among wind turbines. On the first floor of the East Maitland Bowling Club, dire warnings are being shared about how offshore wind may impact the Hunter region – but also a feeling of not being consulted, of being steamrolled.

“Environment and energy forums” like this one in late November have been held up and down the east of Australia, aiming to build a resistance to the country’s renewable energy transition.

Sign up for Guardian Australia’s breaking news email

Continue reading...
Categories: Around The Web

BP shifts offshore wind to joint venture amid retreat from renewables

The Guardian - Mon, 2024-12-09 23:52

Energy company’s deal with Japan’s Jera will allow it to focus on exploiting oil and gas assets

BP has agreed a deal worth up to £4.5bn to build offshore windfarms with Japan’s biggest power producer, in a shift that will allow it to gain some access to zero-carbon wind energy while focusing on fossil fuels.

The FTSE 100 company will create a 50-50 joint-venture with the Japanese power generator Jera to combine their offshore wind assets, the companies announced on Monday.

Continue reading...
Categories: Around The Web

ANALYSIS: Despite November uptick, EU fossil power emissions on course for yet another heavy annual drop

Carbon Pulse - Mon, 2024-12-09 23:43
Annual EU carbon emissions from electricity generation covered by the bloc's ETS are set to slump heavily once again in 2024 despite a strong rise in gas-fired output last month, analysts have said, though next year could see a much tighter market and a sustained price recovery.
Categories: Around The Web

Saudi Arabia offers Kenya $8 per carbon credit in COP16 VCM deal -media

Carbon Pulse - Mon, 2024-12-09 23:18
Saudi officials and private sector players are open to buying carbon credits from Kenya in a voluntary market (VCM) deal at $8 per tonne, according to statements made on the sidelines of the UN Convention to Combat Desertification (UNCCD) COP16 conference in Riyadh last week.
Categories: Around The Web

Australia’s green iron opportunity could cut its entire emissions footprint -report

Carbon Pulse - Mon, 2024-12-09 23:14
One of Australia’s biggest resource powerhouses could export billions of dollars worth of green iron by the beginning of the next decade and A$170 bln ($109 bln) by 2050 while saving emissions bigger than the entirety of Australia’s annual carbon output, a report said Monday.
Categories: Around The Web

Euro Markets: Midday Update

Carbon Pulse - Mon, 2024-12-09 22:59
European carbon prices gave up the gains made on Friday afternoon and resumed their rangebound trading on Monday as attention began to focus on the upcoming expiry of the December options contract, while UK carbon allowances dropped to their lowest in seven months amid low gas-fired generation and continued regulatory uncertainty.
Categories: Around The Web

Harrogate Spring Water planning to cut down wood planted by schoolchildren

The Guardian - Mon, 2024-12-09 22:42

Conservation groups join those who helped plant woodland in opposing expansion of bottling plant

Harrogate Spring Water, which is owned by the multinational Danone,is planning to cut down a wood planted by schoolchildren in order to expand its bottling factory in the North Yorkshire town.

Two primary schools, along with other local volunteers, helped to plant 450 trees in a project organised by the Rotary Club of Harrogate almost 20 years ago.

Continue reading...
Categories: Around The Web

UK set to incentivise clean hydrogen-to-power technologies

Carbon Pulse - Mon, 2024-12-09 22:21
The UK government will introduce a support scheme to encourage investment in clean hydrogen-to-power projects, following supportive feedback in a public consultation, it announced on Monday.
Categories: Around The Web

New Zealand advised to set up biodiversity credit market

Carbon Pulse - Mon, 2024-12-09 22:06
Launching a biodiversity credit market is among actions New Zealand should take in order to scale investments in nature-based solutions (NbS), according to a global consultancy.
Categories: Around The Web

International carbon registry partners with Iceland environment agency to develop offset project standards

Carbon Pulse - Mon, 2024-12-09 21:58
An international carbon registry has partnered with Land and Forest Iceland, a government agency, to develop offset project standards and help advance the country’s climate initiatives.
Categories: Around The Web

Colombian standard puts first biodiversity credit project out for consultation

Carbon Pulse - Mon, 2024-12-09 21:46
A Colombian environmental standard has opened a public consultation on the first conservation project registered under its biodiversity credit programme, planning to certify it next year.
Categories: Around The Web

INTERVIEW: Book-and-claim deals could drive early adoption of low-carbon cement

Carbon Pulse - Mon, 2024-12-09 20:19
Selling low-carbon cement through book-and-claim deals, which separate the emissions savings from the physical product that's delivered, can help to scale up clean technologies by addressing the problems of geographic constraints and cost premiums, according to a manager at a clean cement developer.
Categories: Around The Web

‘Lead markets’ for low-carbon cement gain momentum

Carbon Pulse - Mon, 2024-12-09 20:06
Demand for pricier low-carbon industrial products can be encouraged with a reform of public procurement rules and the creation of ‘lead markets’ for green cement, the industry has argued ahead of new EU policy proposals due in the coming mandate.
Categories: Around The Web

BRIEFING: Article 6 causing confusion for corporate buyers – but should boost confidence long term

Carbon Pulse - Mon, 2024-12-09 18:55
The agreement on Article 6 at COP29 last month is raising confusion among corporate carbon credit buyers but it should boost confidence in the market longer term, participants told an industry conference last week.
Categories: Around The Web

Vietnam, GGGI extend partnership on climate, carbon pricing

Carbon Pulse - Mon, 2024-12-09 18:22
Vietnam and the Global Green Growth Institute (GGGI) have extended for five years a cooperative framework on climate action and carbon pricing designed to put the Southeast Asian country on track to meet its ambitions under the Paris Agreement.
Categories: Around The Web

Drylands now make up 40% of land on Earth, excluding Antarctica, study says

The Guardian - Mon, 2024-12-09 18:00

An area nearly a third larger than India turned permanently arid in past three decades, research shows

An area of land nearly a third larger than India has turned from humid conditions to dryland – arid areas where agriculture is difficult – in the past three decades, research has found.

Drylands now make up 40% of all land on Earth, excluding Antarctica. Three-quarters of the world’s land suffered drier conditions in the past 30 years, which is likely to be permanent, according to the study, by the UN Science Policy Interface, a body of scientists convened by the United Nations.

Continue reading...
Categories: Around The Web

LATAM Roundup: Distress and opportunities as CORSIA, CO2 taxes, CBAM take root

Carbon Pulse - Mon, 2024-12-09 15:58
In a week that saw UN civil aviation body ICAO publish its technical report on the flagship CORSIA offsetting scheme, which is being incorporated into national regulations around the world, this and other compliance carbon pricing initiatives posed diverse challenges and opportunities around the LATAM region – from Trinidad to Guyana, and Mexico to Brazil.
Categories: Around The Web

NSW EPA to increase transparency on coal mine emissions

Carbon Pulse - Mon, 2024-12-09 15:29
The New South Wales Environmental Protection Agency (EPA) is looking to strengthen GHG emissions regulations at its coal mines, based on feedback on how licences are governed.
Categories: Around The Web

Pages

Subscribe to Sustainable Engineering Society aggregator