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India to cut cement sector energy emissions by 20% over six years under carbon trading scheme -source

Carbon Pulse - Wed, 2025-02-26 21:54
India plans to require its cement sector to reduce energy-based emissions by 20% over six years, establishing a CO2 reduction trajectory as part of the country's Carbon Credit Trading Scheme (CCTS), according to government documents seen by Carbon Pulse.
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BRIEFING: South Korea to revamp process for buying Article 6 carbon credits

Carbon Pulse - Wed, 2025-02-26 21:26
South Korea is seeking to build an intergovernmental cooperation model and expand support for international emissions reduction projects, as current progress is seen as insufficient for the East Asian country to secure enough carbon credits to meet its 2030 climate target, according to policy documents published Wednesday.
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Software firm partners with carbon project platform to support CDR efforts through forward credit purchases

Carbon Pulse - Wed, 2025-02-26 21:24
A carbon project platform has partnered with an SaaS firm specialising in process intelligence to support the scaling of carbon removal initiatives through forward purchases of carbon credits.
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Southeast Asian steelmaker to double production, cut emissions in new deal

Carbon Pulse - Wed, 2025-02-26 21:18
A major Indonesian steelmaker with over 1 million tonnes of capacity a year has committed to producing lower-carbon products after announcing a partnership with a European company hoping to meet EU steel demand without having to buy additional CO2 allowances under the carbon border adjustment mechanism (CBAM).
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EU Commission unveils Clean Industrial Deal, doubles down on climate

Carbon Pulse - Wed, 2025-02-26 21:07
Less than 100 days after entering office, the new European Commission unveiled its flagship Clean Industrial Deal initiative on Wednesday, outlining measures to reduce energy costs for businesses while doubling down on climate with the confirmation of an upcoming 90% decarbonisation target for 2040.
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The US is destroying climate progress. Here’s a strategy to win over the right | Erin Burns

The Guardian - Wed, 2025-02-26 21:00

It’s time to rethink how climate action succeeds. The key is to acknowledge that it’s never the sole force driving political decisions

We are witnessing the most devastating climate disasters on record: wildfires ravaging Los Angeles, deadly floods in North Carolina, and global temperature records shattered month after month. We have officially surpassed 1.5C of warming, a critical threshold scientists have long warned against. At the same time, the US is scaling back policies, freezing critical programs and shifting priorities away from climate action.

But now isn’t the time to give up on climate action. Instead, it is high time to rethink how it succeeds.

Continue reading...
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UK energy company to set nature targets in line with TNFD

Carbon Pulse - Wed, 2025-02-26 20:52
A UK energy company has committed to set biodiversity targets in its newly released sustainability framework, also pledging to align with the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations by next year.
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Venture exec reveals biggest biodiversity investment opportunities

Carbon Pulse - Wed, 2025-02-26 20:37
A Switzerland-based venture capital investor has revealed the startup specialisms it considers the most investable in biodiversity, ranging from AI to regenerative agriculture.
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Half of homes need heat pump by 2040, government told

BBC - Wed, 2025-02-26 19:49
The UK's greenhouse gas emissions should fall to 13% of 1990 levels by 2040, government advisors say.
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Aluminium, ammonia key to Australia’s net zero goal, report finds

Carbon Pulse - Wed, 2025-02-26 18:45
Decarbonising one of Australia’s leading industrial zones could reduce emissions by several million tonnes of CO2e every year, but would require ramping up renewable energy by a factor of 10 at a minimum, a think tank found Wednesday.
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Australia Market Roundup: Agriprove’s monumental CAC challenge, number of new ACCU projects dips

Carbon Pulse - Wed, 2025-02-26 17:39
The lower-than-expected delivery of Australian Carbon Credit Units (ACCU) to the government via carbon abatement contracts (CACs) has put the spotlight on soil carbon projects that are slated to deliver millions of credits, many of which have yet to be issued a single ACCU.
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New report skewers Coalition’s contentious nuclear plan – and reignites Australia’s energy debate

The Conversation - Wed, 2025-02-26 16:06
The report highlights weaknesses in the Coalition nuclear plan. In particular, it reveals the idea of cheap, factory-built nuclear reactors is a mirage. John Quiggin, Professor, School of Economics, The University of Queensland Licensed as Creative Commons – attribution, no derivatives.
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‘Homegrown’ Swedish battery startup admits importing vital components

The Guardian - Wed, 2025-02-26 15:30

Northvolt, which claims to run Europe’s first homegrown gigafactory, admits it depends on Chinese suppliers for cathode active material

The Swedish startup Northvolt has admitted that a vital component of its batteries is imported amid claims that the company, which claims to run Europe’s first homegrown gigafactory, depends on Chinese suppliers.

It comes as a documentary programme to be shown in Sweden on Wednesday by the national broadcaster SVT, exposes the company’s failure to build a truly homegrown battery after its attempts to produce its own cathode active material at its Northvolt Ett factory in Skellefteå, northern Sweden, were unsuccessful.

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Canada's Liberal hopefuls talk Trump and carbon tax

BBC - Wed, 2025-02-26 13:54
The Liberal Party of Canada will soon choose a leader that will replace Justin Trudeau and become Canada's next prime minister.
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