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FEATURE: Canadian carbon tax on the chopping block
Prime Minister Justin Trudeau’s exit has raised the stakes for Canada’s carbon policy, leaving market experts questioning what’s ahead after the country’s impending election.
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Alberta agritech firm launches investor bid to support carbon credit programme
An Alberta-based agricultural technology firm is seeking investors to pump up to C$1.5 million (US$1 mln) of capital into scaling its hemp-based carbon credits programme.
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Transgrid locks in supplier of high-voltage transmission kit for HumeLink project
The post Transgrid locks in supplier of high-voltage transmission kit for HumeLink project appeared first on RenewEconomy.
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Federal green bank gets $2 billion top-up to seize “big opportunities”
The post Federal green bank gets $2 billion top-up to seize “big opportunities” appeared first on RenewEconomy.
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Burned areas in Brazil increase 79% in 2024, majority in the Amazon biome -monitor
More than 30.8 million hectares burned in Brazil last year, a 79% increase year-on-year (YoY) and the largest such figure since 2019, with most of this fire damage taking place in the Amazon biome, a monitor group said Wednesday.
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Renewables take over EU power mix, fossil fuels at historic low -data
Wind and solar have respectively overtaken gas and coal power generation in the EU last year, as total electricity generation from fossil fuels fell to a historic low, according to fresh data published on Thursday by think-tank Ember.
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US Republican states sue over Biden’s offshore drilling ban ahead of Trump reversal
Attorneys General (AGs) from five Republican states were joined by two oil and gas groups in a challenge to the offshore drilling ban imposed by former US President Joe Biden’s office days before it was reversed by the administration of newly inaugurated President Donald Trump.
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VCM ratings agency introduces platform to evaluate crediting programmes
A Singapore-based carbon credit ratings company has introduced a new platform that allows traders to evaluate the registries and crediting programmes within the voluntary carbon market (VCM).
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Steel, cement makers defend EU CBAM against right-wing calls to freeze it
European steel and cement manufacturers have come out in support of the EU’s Carbon Border Adjustment Mechanism (CBAM), fending off calls from conservative parties to suspend the law.
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Trio of European carbon market experts leave long-term roles
A trio of European carbon market experts have left their long-time roles in the past two months, Carbon Pulse has learned.
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The last time it was legal, exports of sea sand destroyed dozens of Indonesian islands. Now, the ban is being lifted
The demand for sand is soaring in places like Singapore. But extracting sand from the sea is destructive. It’s worth looking at alternatives
Bioantika, PhD Candidate, Global Centre for Mineral Security, Sustainable Minerals Institute, The University of Queensland
Hernandi Albeto Octaviano, PhD Candidate, Global Centre for Mineral Security, Sustainable Minerals Institute, The University of Queensland
Licensed as Creative Commons – attribution, no derivatives.
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‘Weather bomb’ expected to cause fall in UK wholesale energy prices
Gusts of up to 80mph may bring disruption but also a surge in cheap wind power after days of near-zero output
A looming “weather bomb” is expected to snuff out a surge in wholesale energy prices after windfarms produced the lowest levels of electricity since September 2023.
Cloudy and still weather has caused Great Britain’s renewable energy output to fall to near zero this week but is expected to give way to gusts of up to 80mph, alongside heavy rain and snow, on Thursday and Friday.
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Verra cuts project review time sharply in fourth quarter
Verra has slashed the time taken to review projects after streamlining and improving the process with its new risk-based approach that categorises projects into high, medium, or low bands, the standard body said Wednesday.
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Polish PM calls for a review of EU Green Deal, delay of ETS2
Poland’s prime minister has blamed EU regulations for high energy prices and warned against introducing the bloc’s emission trading system for heating and transport (ETS2) in 2027, in a speech to the European Parliament on Wednesday.
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BRIEFING: VCM stuck in a ‘chicken and egg’ situation as participants await Article 6 development
The voluntary carbon market (VCM) is stuck in a ‘chicken and egg’ situation, with buyers and sellers each waiting for the other to unlock the trade of international carbon credits, according to experts speaking during a webinar on Wednesday.
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DRC to create huge tropical forest reserve, generate carbon credits
The Democratic Republic of Congo (DRC) will create a protected area the size of France to protect its tropical rainforest, the country announced in Davos Wednesday, which will include raising finance via carbon markets.
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Unified global carbon market key to scaling climate finance, Davos panel says
A unified global carbon market under Article 6 of the Paris Agreement is essential for meeting climate goals, but clear governance and regulations are needed to build trust and drive investment, speakers told a panel at the World Economic Forum (WEF) in Davos.
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INTERVIEW: Non-profit seeks to provide India with first voluntary carbon market registry
An Indian non-profit is working to establish the country’s first indigenous registry for the voluntary carbon market, its executives told Carbon Pulse in an interview.
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Price nature into the economic system, bank exec urges
Nature needs to be priced into the economic system so its protection can be prioritised, as change is not happening fast enough, an executive at Deutsche Bank has said.
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US foundation to invest $500k to support TNFD expansion
A major US philanthropic foundation is throwing its support behind the Taskforce on Nature-related Financial Disclosures (TNFD) with $500,000 in grants, it announced Wednesday.
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