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German asset manager invests in onshore wind farm in Lithuania, brings portfolio to 3 GW
A German asset manager's fund has made its first renewable energy investment in the Baltics with the purchase of a wind farm project in Lithuania, bringing its portfolio to 3 GW.
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Carbon methodology platform, insurer partner on risk management, profiling tools
A carbon registry and platform has announced a partnership on Wednesday with an insurer to integrate their services, profiling project risks and advising on risk management techniques.
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EU to table 2040 climate target plan ‘very early’ next year, official says
The European Commission is preparing to put forward its legislative proposal for a 2040 climate target “very early” in 2025, an official has said, suggesting the EU could be ready to submit its Nationally Determined Contribution (NDC) in time for the UN's February deadline.
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EU bows to pressure to delay its anti-deforestation law by one year
The European Commission is moving to postpone its regulation against deforestation by one year, in an attempt to please international partners who repeatedly expressed worries about the impacts of the law on supply chains, it announced on Wednesday.
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Zimbabwe setting up legal framework for ITMO trade -media
Zimbabwe plans to soon boost its carbon market by opening the door to international trade of ITMO credits under Article 6 of the Paris Agreement.
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Gas projects, Safeguard requirements will struggle to co-exist in LNG hotspot, report cautions
An expected supply squeeze in Australia’s carbon credit market is set to create challenges for gas producers in its westernmost state whose major LNG ambitions have few options for meeting Safeguard Mechanism requirements beyond buying offsets or investing in CCS, according to a report released Wednesday.
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‘Shortcomings’ in EU’s CRCF could lead to overestimated credits, report says
Flaws in baseline assumptions and inadequate long-term monitoring could lead to overestimated carbon credits under the EU’s Carbon Removals and Carbon Farming (CRCF) regulation, previously known as the Carbon Removal Certification Framework, according to new research.
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New Forests plans to expand African biodiversity credit preparations
Global forest investor and management firm New Forests is preparing to expand its biodiversity credit baselining work in Sub-Saharan Africa, according to an company executive.
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Pipeline of low-emission hydrogen projects at risk, warns the IEA
Expectations of a low-emission hydrogen boom by the end of the decade could be dashed because a “significant part of the project pipeline” faces delays and cancellations, warns the International Energy Agency (IEA).
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Euro Markets: Midday Update
EU carbon prices endured a fourth day of losses as buying activity was little in evidence amid weakness across the energy complex, while weekly position data showed investment funds cutting their bearish bets by around a third, and UK Allowances extended their decline for an eighth day.
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Study flags shortfalls in compensation for lost protected areas
Existing gaps in compensation for lost or downgraded protected areas (PAs) threaten to hamper the achievement of global biodiversity targets, according to a recent paper.
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US de-extinction firm raises $50 mln to launch wildlife protection nonprofit
A US-based biotechnology and genetic engineering firm has secured $50 million to launch a foundation with the aim of driving innovation in species protection, it announced Tuesday.
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Korean companies to launch N2O project in Egypt, target nitric production
A South Korea-based project developer and a chemical company have teamed up to pursue an N2O project in Egypt in a bid to generate Article 6 carbon credits from reducing emissions associated with nitric production.
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Energy Insiders Podcast: Even hydro is moving beyond baseload
The post Energy Insiders Podcast: Even hydro is moving beyond baseload appeared first on RenewEconomy.
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EU’s upcoming Clean Industrial Deal starts to take shape
Due to be unveiled within 100 days after the new European Commission takes office, the Clean Industrial Deal will focus on five key priorities, and put energy-intensive industries like steel and chemicals in the spotlight, a senior EU official has said.
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“Pivotal moment” for ClearVue as it lands first order for solar cladding on iconic Perth building
The post “Pivotal moment” for ClearVue as it lands first order for solar cladding on iconic Perth building appeared first on RenewEconomy.
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Verra’s review process of Southern Cardamom REDD+ project raises independence, structural concerns, says human rights group
Verra's review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard's environmental and social requirements, according to the human rights group that investigated the activity.
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INTERVIEW: Australian companies can gain competitive advantage by thoroughly reporting against new mandatory climate requirements
Australian companies are likely to ensure their climate-related reporting is as rigorous as possible as a way to stand out from their competitors, with the new requirements to act as a tailwind for carbon and renewable energy certificate markets, an executive at a market infrastructure provider told Carbon Pulse.
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Perth company successfully switches on solid state battery using table salt
Perth-based Altech Batteries switches on prototype sodium-chloride solid state battery in Germany.
The post Perth company successfully switches on solid state battery using table salt appeared first on RenewEconomy.
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ARB drops second LCFS 15-day notice near midnight Eastern to minimise market impact
California regulator ARB slipped a second 15-day package late into the night Tuesday with updates to its Low Carbon Fuel Standard (LCFS) that included an additional feedstock under the contentious crop-based cap, sustainability attestation, and stretched crediting periods for some avoided biomethane projects, among other changes.
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