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Malawi ITMO carbon credits trade at $10.25, retired the same day

Carbon Pulse - Thu, 2024-09-12 23:03
Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.
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Biodiversity data facility to deliver project grants following EU funding

Carbon Pulse - Thu, 2024-09-12 22:51
The Global Biodiversity Information Facility (GBIF) will launch a call for grant proposals in 2025 in several regions after receiving €4 million from the EU, in an outreach that will complement its work on ‘data cubes’, an executive has said.
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Fintech startup partners with blockchain platform for trading voluntary carbon credits

Carbon Pulse - Thu, 2024-09-12 22:04
A fintech startup focused on creating financial instruments tied to voluntary carbon credits has announced a partnership with a global blockchain-based platform for buying, selling, and retiring units.
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FEATURE: Innovations in battery manufacturing are key to reducing cost, meeting regulation

Carbon Pulse - Thu, 2024-09-12 21:31
Innovations in battery manufacturing, such as use of a ‘dry process’ to make electrodes, will be key to reducing cost and lowering the environmental footprint of producing lithium-ion batteries to be in line with the EU’s new Batteries Regulation, say experts.
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Australia takes further steps to shore up renewable energy dreams with verification scheme

Carbon Pulse - Thu, 2024-09-12 21:28
Australia’s Labor government has introduced its Guarantee of Origin bill to parliament as part of the Future Made in Australia (FMIA) policy that was recommended by a senate committee last week.
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Global oil demand growth slowing fast, finds IEA

Carbon Pulse - Thu, 2024-09-12 21:25
The world is still on track to be awash with oil by the end of the decade after global demand growth decelerated in the first half of 2024 to the lowest rate since 2020, the International Energy Agency (IEA) reported on Thursday.
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US financial services company launches blockchain-based carbon credit platform

Carbon Pulse - Thu, 2024-09-12 21:21
A Chicago-headquartered financial services firm has launched a blockchain carbon credit platform for institutional buyers, it announced on Thursday.
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Tanzanian developer partners with CreditNature to pilot biodiversity credits in the Kilimanjaro region

Carbon Pulse - Thu, 2024-09-12 21:19
A Tanzania-based developer has partnered with CreditNature to launch a biodiversity credit pilot in the Kilimanjaro region by the end of November, Carbon Pulse has learned.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-09-12 21:19
European carbon allowance prices fell back in line with weaker energy markets on Thursday morning, as EUAs continued to fluctuate in their recent options-driven €2 range near a five-month low, with traders seeing little incentive for levels to break out.
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Senior EU negotiator warns against rush to push forward on Article 6

Carbon Pulse - Thu, 2024-09-12 20:46
A senior EU negotiatior on Article 6 of the Paris Agreement has warned against taking a short-term approach to developing the UN markets, saying this could damaging confidence in carbon pricing as a credible solution to tackle climate change.
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US lawmakers push to exclude lucrative chemicals from official PFAS definition

The Guardian - Thu, 2024-09-12 20:00

Language in Senate defense bill is probably first step to shield widely used toxic F-gases from regulation

US lawmakers and the military are pushing for a new definition of toxic PFAS “forever chemicals” that would exclude a subclass of toxic compounds increasingly used across the economy and considered to be potent greenhouse gases.

Language included in the defense bill by the Senate armed services committee asks the military to detail how it uses fluorinated gases, or F-gases, stating that the committee is “interested in learning more about how the [department of defense] may or may not be impacted by the definition” of PFAS.

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Japan awards grant to two carbon developers for methane reduction projects in the Philippines

Carbon Pulse - Thu, 2024-09-12 19:59
A Singapore-headquartered biochar company and a Japanese developer specialising in methane reduction projects have been awarded a grant to reduce emissions from rice fields in the Philippines, they said in a joint statement.
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Power sector the ‘lynchpin’ to meeting Paris goals in lower-income economies, says World Bank

Carbon Pulse - Thu, 2024-09-12 19:40
The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.
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Europe has likely passed its LNG consumption peak, analysts say

Carbon Pulse - Thu, 2024-09-12 19:34
Demand for liquefied natural gas (LNG) in Europe fell 20% year-on-year in the first half of 2024, after gas consumption dropped to a 10-year low last year, analysts said this week, suggesting the continent’s thirst for the fuel may have already peaked.
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Almost 40% of Amazon critical to climate remains unprotected -study

Carbon Pulse - Thu, 2024-09-12 19:32
Nearly 40% of the Amazon rainforest areas considered crucial for addressing the climate crisis still lack proper legal protection, with approximately 10.9 million hectares at potential risk, said a report released Thursday.
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Korean research team introduces low-carbon catalyst for SAF production

Carbon Pulse - Thu, 2024-09-12 18:53
A group of Korean researchers has introduced a low-carbon catalyst technology for producing sustainable aviation fuel (SAF) amid growing domestic interest in the development of the eco-friendly fuel. 
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Edinburgh-based startup raises £1 mln for industrial heat decarbonisation technology

Carbon Pulse - Thu, 2024-09-12 18:15
An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.
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Qantas tweaks its carbon strategy as tightening credit, SAF supply seen as ongoing risk

Carbon Pulse - Thu, 2024-09-12 17:58
Australian airline Qantas sees both opportunities and risks in its ongoing reliance on carbon credits as it looks to scale up its sustainable aviation fuel (SAF) intake, according to its 2024 sustainability report published Thursday.
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Korean refiner to launch country’s first SAF commercial production line

Carbon Pulse - Thu, 2024-09-12 17:24
A top oil refiner in South Korea is set to start commercial operations of the country's first production line for sustainable aviation fuel (SAF) next month, in response to the increasing demand for the eco-friendly fuel.
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