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A Kenyan power company and carbon project developer will tender in February around 1.8 million carbon credits issued last year to geothermal energy projects under the UN's Clean Development Mechanism (CDM).

By the end of 2024, 51 carbon capture and sequestration (CCS) projects in the US were in the planning stages aiming to store at least 30.5 million tonnes of CO2 each year from ethanol refineries, according to a research study released Wednesday.

Deploying basalt-based enhanced rock weathering (ERW) in US agriculture could remove between 160-300 million tonnes of CO2 annually by 2050, and 250-490 mln tonnes by 2070, according to a new study published this week.

The UK could miss its production goal of 10% sustainable aviation fuel (SAF) in total jet fuel use by 2030 by almost half, according to industry experts, with potential implications for airline exposure to carbon prices under the UK ETS and the UN's CORSIA international offsetting scheme.

Initially expected in 2025, the European Commission has decided to push back its regulatory package for CO2 transport and storage infrastructure until next year, causing uncertainty for carbon capture and storage (CCS) projects, the industry has said.

A UK-based consultancy has joined forces with a digital environmental marketplace to scale nature markets across the UK, seeking to reward farmers and landowners who implement biodiversity restoration projects.

European carbon prices were marginally lower at midday on Friday, despite strength in the wider energy complex, as participants continued to speculate on the prospects for sustained strength in a market being increasingly described as "tired" and "rangebound".

An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.

International carbon market stakeholders, including standards, rating agencies, and bodies such as the Integrity Council for the Voluntary Carbon Market (ICVCM) and Science Based Targets Initiative (SBTi), must find a path to come to an agreement on REDD+ methodologies if they wish to scale projects in the sector, a market veteran told Carbon Pulse.

Brazilian state-owned oil company Petrobras has established a bioeconomy fund to support climate- and nature-focused initiatives in the country, with plans to target carbon and biodiversity credit projects.

Carbon market participants are confident that there will be both strong supply and demand for CORSIA credits, including from US airlines, despite political developments this year that have cast uncertainty over international climate initiatives.

The Chinese Carbon Emissions Allowance (CEA) price edged down this week with shrinking market liquidity, a bearish trend market observers said may continue until more policy clarity is provided. 

Hybrid direct air capture (HDAC) technology could help drive down the cost of carbon removals (CDR) by capturing both CO2 and water in a single process, the founder and CEO of a California-based firm told Carbon Pulse.

Vehicles stranded, trains and planes cancelled, and schools closed after record 129cm of snow falls in 12 hours

Record-breaking snowfall has engulfed swaths of northern Japan, causing widespread disruption. Areas of low pressure and strong north-westerly winds brought cold air from other parts of Asia, causing the extreme weather.

In the Takachi district of Obihiro, a city in the northern prefecture of Hokkaido, a record 129cm (4ft) of snowfall in 12 hours was measured this week. The conditions affected travel, with many vehicles stranded, trains and planes cancelled, and hundreds of schools closed.

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The best of this week’s wildlife photographs from around the world

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A Japanese project developer has made a second attempt to propose a cookstove methodology under the Joint Crediting Mechanism (JCM), the first of its kind under the scheme if approved. 

An Australian miner sitting on an iron ore deposit saw its share price jump close to 20% by the middle of Friday after it announced an in-principle agreement to supply a large-scale green iron plant in Western Australia.

We are the post-pandemic flâneurs: stepping out of social media silos to meet people and connect with the world around us

When I moved back to London from Rome just before the second lockdown in 2020, I found a city that was hardly welcoming, with shops closed and an atmosphere of silent apprehension. Young, single people like me were only socialising online with existing friends, and opportunities to make fresh connections were rare.

When I met Irenka from Poland at a literary festival, she looked as thirsty for new friends as I was. As we started complaining about the difficulties of mingling she introduced me to an app that allows people to find new pals on organised walks. I quickly downloaded it.

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The Clean Energy Regulator (CER) minted some 3.35 million Australian Carbon Credit Units (ACCUs) in its final issuance in 2024, as traded volumes and prices sank in January, according to analysis.

WA Labor signs MOU with Tesla to build a battery "remanufacturing facility" next to Neoen's huge Collie big battery as the coal town continues its shift to clean energy.

The post Tesla inks deal with WA to build megapack servicing plant next to huge Collie battery appeared first on RenewEconomy.