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COP29 host Azerbaijan’s climate action ‘critically insufficient’ -report

Carbon Pulse - Wed, 2024-09-25 14:01
Climate action from Azerbaijan, the host of the UN's COP29 summit in November, has been rated "critically insufficient" by an independent analysis group, according to a report released on Sep. 24.
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Europe’s deadly floods are glimpse of future climate

BBC - Wed, 2024-09-25 13:06
A new study shows that the record-breaking rainfall was made more likely and intense by climate change.
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German nature-based trading platform, Thai consultancy launch regional coalition to fight climate change, biodiversity loss

Carbon Pulse - Wed, 2024-09-25 13:00
A Berlin-headquartered environmental trading platform has partnered with a Bangkok-based consultancy to launch Southeast Asia Carbon Coalition (SEACC) for tackling climate change and biodiversity loss, the partners announced Wednesday.
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Global heating ‘doubled’ chance of extreme rain in Europe in September

The Guardian - Wed, 2024-09-25 13:00

Researchers find climate crisis aggravated the four days of heavy rainfall and deadly floods

Planet-heating pollution doubled the chance of the extreme levels of rain that hammered central Europe in September, a study has found.

Researchers found global heating aggravated the four days of heavy rainfall that led to deadly floods in countries from Austria to Romania.

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CWNYC24: BRIEFING – Forest carbon markets must prioritise biodiversity to be credible

Carbon Pulse - Wed, 2024-09-25 11:06
Biodiversity monitoring and protection has taken centre stage in talks around forest carbon credits at the Climate Week NYC, with standards, project developers, and policymakers pushing for more nature accounting within the market.
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Renewables rebound after slump but must speed up to hit Labor’s 2030 energy goals

The Guardian - Wed, 2024-09-25 11:04

Narrative that transition has stalled ‘demonstrably not true’, researcher says, but investment and construction must accelerate

Large-scale renewable energy investment and construction in Australia is rebounding this year after a slump, but will need to accelerate to reach the pace needed to meet the Albanese government’s goal for 2030.

The country could add more than 7 gigawatts of renewable energy capacity this year, up from 5.3 GW last year, according to data released by the Clean Energy Regulator.

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Spanish engineering, liquid logistics firms reach CCS service agreement

Carbon Pulse - Wed, 2024-09-25 09:44
Two Madrid-based companies announced an agreement Tuesday to provide carbon capture, transport, and storage services to large industrial customers.
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CWNYC24: UK fund backs VCM with public aid, “not actively looking” at Article 6 -executive

Carbon Pulse - Wed, 2024-09-25 09:36
The UK’s international development fund is backing voluntary carbon market (VCM) projects but does not seek to fund Paris Agreement Article 6 initiatives at this time, the group’s climate lead told Carbon Pulse on the sidelines of Climate Week NYC.
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Tech giant buys 8k CDR credits, its second purchase in a week

Carbon Pulse - Wed, 2024-09-25 09:32
A global tech giant has paid for the removal of 8,000 tonnes of CO2 over five years through a US-based company’s enhanced rock weathering (ERW) technology, according to an announcement on Tuesday.
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CWNYC24: Companies urged to take bigger steps to tackle value chain emissions

Carbon Pulse - Wed, 2024-09-25 09:08
Companies need to begin tackling their emissions beyond the value chain if they want to credibly work towards net zero - taking responsibility for what it takes to meet their targets, and being transparent when they fall off track, according to recommendations released by a standards-setter during Climate Week NYC on Tuesday.
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CWNYC24: Significant methane emissions transparency to arrive in early 2025, say satellite developers

Carbon Pulse - Wed, 2024-09-25 08:50
Novel data on global methane emissions, collected by two satellites launched this past year, will be published in early 2025, project proponents said during Climate Week NYC on Tuesday.
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US EPA asks SCOTUS to reject states’ efforts to halt methane rules

Carbon Pulse - Wed, 2024-09-25 08:47
The US Environmental Protection Agency (EPA) has requested the country’s Supreme Court (SCOTUS) to deny stay applications filed by Republican-backed states against the agency’s rules to limit methane output from the oil and gas sector.
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US startup secures 10-yr offtake deal for about 400k tonnes of biochar at $275 apiece

Carbon Pulse - Wed, 2024-09-25 08:29
A US-based CO2 removal (CDR) company announced Tuesday that it has sold nearly 400,000 tonnes of biochar credits to an undisclosed US buyer.
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US FERC dismisses complaint Dominion overcharged for RGGI costs

Carbon Pulse - Wed, 2024-09-25 08:22
The US Federal Energy Regulatory Commission (FERC) has dismissed a complaint from the Virginia Municipal Electric Association (VMEA) that Dominion Energy improperly accounted, and subsequently over-charged, for its RGGI costs.
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CDR is key tool for US utilities with net zero goals -report

Carbon Pulse - Wed, 2024-09-25 07:51
A US-based coalition of carbon management companies published on Tuesday a report highlighting the synergies between the carbon dioxide removal (CDR) industry and electric utilities working towards decarbonisation.
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Where do we stash the equivalent of 110 Sydney harbour bridges? That’s the conundrum Australia faces as oil and gas rigs close

The Conversation - Wed, 2024-09-25 06:29
Many of Australia’s offshore oil and gas projects have finished. Wells need to be plugged; steel structures and pipelines removed. There’s A$60 billion worth of work to be done in coming decades. Darryn Snell, Associate professor, School of Management, RMIT University Al Rainnie, Adjunct professor, UniSA Business, University of South Australia Licensed as Creative Commons – attribution, no derivatives.
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Dutton’s nuclear plan would mean propping up coal for at least 12 more years – and we don’t know what it would cost

The Conversation - Wed, 2024-09-25 06:27
It seems increasingly clear the Coalition’s nuclear policy would prolong Australia’s reliance on fossil fuels, at a time when the world is rapidly moving to far cleaner sources of power. Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.
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