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Grid limitations stall global renewables growth -report

Carbon Pulse - Wed, 2024-09-18 01:01
Renewable energy can fully meet global energy demands, but urgent upgrades to grid infrastructure and integrated planning will be essential, according to a report on Tuesday.
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Additional efforts needed to counter weak credit prices across US clean fuel programmes -panel

Carbon Pulse - Wed, 2024-09-18 00:22
US states that have implemented clean fuel standards (CFS) must follow California’s footsteps and increase ambition to address the ongoing credit oversupply across these markets, panellists at a conference said Monday.
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US tech firm partners with UN on new AI models for clean energy access

Carbon Pulse - Wed, 2024-09-18 00:00
A US tech company has partnered with the United Nations Development Programme (UNDP) to develop two new interactive tools to forecast future access to electricity across jurisdictions and to model clean energy equity.
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DAC developer, non-profit partner to unlock philanthropic funding for burgeoning carbon removals industry

Carbon Pulse - Wed, 2024-09-18 00:00
A major direct air capture (DAC) technology developer has partnered with a non-profit dedicated to supporting the carbon removals industry to harness philanthropic capital, creating a new avenue for individuals and organisations to contribute to removal efforts while receiving tax benefits.
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Polish state aid plan approved under EU rules for supporting net zero sectors

Carbon Pulse - Tue, 2024-09-17 23:47
The European Commission has approved a €1.2 billion Polish state aid scheme, under the bloc's recently relaxed subsidy rules, to support investments in sectors producing the equipment needed to transition to net zero emissions, it announced on Tuesday.
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Climate a more fundamental threat than terror - Lammy

BBC - Tue, 2024-09-17 23:06
Foreign Secretary David Lammy vows to put climate change at the heart of the UK's foreign policy.
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FEATURE: CBAM costs threaten to further decimate Ukrainian exports

Carbon Pulse - Tue, 2024-09-17 23:06
Ukraine's war-torn economy stands to bear some of the greatest strain from the full arrival of the EU's Carbon Border Adjustment Mechanism (CBAM), imposing a new carbon fee on goods that account for one-fifth of Kyiv's exports to the bloc - and billions in revenue.
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Two veteran carbon traders leave international commodities house

Carbon Pulse - Tue, 2024-09-17 22:56
Two veteran carbon traders have departed from a Europe-based commodities trading house this summer, Carbon Pulse has learned.
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Kenya-based startup sells Africa’s first ERW carbon credits -media

Carbon Pulse - Tue, 2024-09-17 22:54
A Nairobi-headquartered company has sold Africa's first enhanced rock weathering (ERW) carbon credits, according to Bloomberg.
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Norway: electric cars outnumber petrol for first time in ‘historic milestone’

The Guardian - Tue, 2024-09-17 22:39

Nordic country, paradoxically a major oil producer, has set target for all new cars sold to be zero emission

Electric cars now outnumber petrol cars in Norway for the first time, an industry organisation has said.

Of the 2.8m private cars registered in the Nordic country, 754,303 are all-electric, against 753,905 that run on petrol, the Norwegian road federation (OFV) said in a statement.

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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-09-17 21:15
European carbon prices set a new five-month low before bouncing sharply on Tuesday morning as selling interest was said to have fallen away while options hedging demand picked up, with technical analysis also offering a strong bullish signal.
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Human impacts trigger similar responses in fish in different rivers, study says

Carbon Pulse - Tue, 2024-09-17 20:56
Fish populations in two large rivers in the US and China respond similarly to human-led changes in environmental conditions, a paper has said.
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Large corporates making ‘quiet’ climate progress, finds report

Carbon Pulse - Tue, 2024-09-17 20:52
The world's largest companies are making gradual progress on emissions reductions and setting more significant climate targets, with more firms looking to use voluntary carbon credits to meet these goals, according to a report released Tuesday.
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CIX appoints new CEO as part of ‘natural evolution’

Carbon Pulse - Tue, 2024-09-17 20:38
Singapore’s Climate Impact X (CIX) has appointed a permanent CEO after its chief operating officer had held the interim position for several months to replace Mikkel Larsen, while one of its existing board members will step up to chair the company.
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Regen reports sale of $129k of biodiversity credits on its platform

Carbon Pulse - Tue, 2024-09-17 20:27
US-based environmental credit platform Regen Network Development has reported the sale of over 92,000 biodiversity credits worth a total of $129,000, listed on its marketplace and generated by three separate developers.
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Financiers with $29 trln urge nature positive, climate action

Carbon Pulse - Tue, 2024-09-17 20:17
A global investor statement was released Tuesday, with signatures of 534 financial institutions managing more than $29 trillion in assets calling for a whole-government approach to reaching nature positive and net zero emissions.
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Milan-based startup launches industrial ocean carbon removal site

Carbon Pulse - Tue, 2024-09-17 20:13
A Milan-headquartered company has launched its first industrial ocean CO2 removal (CDR) plant in Augusta, Italy.
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Hoekstra re-appointed EU climate chief in surprise move

Carbon Pulse - Tue, 2024-09-17 20:08
The incumbent EU climate commissioner, Wopke Hoekstra, was re-appointed to the portfolio on Tuesday as European Commission President Ursula von der Leyen unveiled her new team that will lead EU policymaking in Brussels for the next five years.
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Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows

The Guardian - Tue, 2024-09-17 19:00

Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs

The environmental policies of Joe Biden’s administration will save approximately 200,000 Americans’ lives from dangerous pollution in the coming decades and have spurred a surge in clean energy jobs, two independent reports outlining the stakes of the upcoming US presidential election have found.

The first full year of the Inflation Reduction Act, the sprawling climate bill passed by Democratic votes in Congress in 2022, saw nearly 150,000 clean energy jobs added, according to a new report by nonpartisan business group E2.

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Australian steelmaker hits 2030 emissions target early

Carbon Pulse - Tue, 2024-09-17 18:47
Australia’s largest steelmaker has hit its mid-term climate goals early, reducing emissions intensity by 12% since 2018, far ahead of its 2030 target date.
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