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WCI Markets: CCAs drift awaiting programme updates from ARB

Carbon Pulse - Fri, 2024-09-13 13:03
California Carbon Allowance (CCA) prices lacked direction as volatility eased through the week with markets awaiting programme updates from ARB, while Washington’s third quarterly auction cleared in the middle of market expectations.
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Australia and Germany sign €400 mln H2 funding cooperation agreement

Carbon Pulse - Fri, 2024-09-13 12:06
Australia and Germany have signed a A$660 million (€400 mln) agreement to deepen their cooperation on green hydrogen supply chains and guarantee European buyers for Australian hydrogen producers, the two countries announced Friday.
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Butterfly thieves handed $200,000 fine

BBC - Fri, 2024-09-13 11:48
Two Italian men were arrested at a Sri Lankan wildlife park after they were found with hundreds of protected insects.
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New plan shows Australia’s hydrogen dream is still alive. But are we betting on the right projects?

The Conversation - Fri, 2024-09-13 11:05
Australia’s new National Hydrogen Strategy, released on Friday, signals Australia’s bold ambitions to the world - but much remains unclear. Alison Reeve, Deputy Program Director, Energy and Climate Change, Grattan Institute Licensed as Creative Commons – attribution, no derivatives.
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BC Premier Eby pledges to scrap province’s carbon tax if Canadian federal mandate is removed

Carbon Pulse - Fri, 2024-09-13 10:49
British Columbia Premier David Eby on Thursday announced that his government would end the province’s carbon tax if the Canadian federal government removes its legal requirement for provinces and territories to maintain one.
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Paying for overseas carbon credits to meet 2030 NDC “not realistic”, NZ minister says

Carbon Pulse - Fri, 2024-09-13 10:46
New Zealand’s Minister for Climate Change Simon Watts said it wouldn’t be “realistic” for his country to simply pay for the overseas carbon credits it will need to meet its 2030 international climate target.
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INTERVIEW: Peruvian response to EU rules opens door to more deforestation, not less

Carbon Pulse - Fri, 2024-09-13 09:35
Peruvian legislation passed shortly after the EU Deforestation Regulation (EUDR) has deliberately misconstrued the latter’s due diligence requirements to expand agricultural land titling, thereby encroaching on the Amazon, according to the author of a report on Peruvian land concessions.
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Brazilian national development bank launches $180 mln credit line for forestry investments

Carbon Pulse - Fri, 2024-09-13 08:14
The national development of Brazil announced Thursday the launch a R$1 billion ($180 million) credit programme aimed investments in forestry activities that promote native vegetation and capture CO2 from the atmosphere.
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US Department of Energy to provide up to $500 mln for 1PointFive’s South Texas DAC Hub

Carbon Pulse - Fri, 2024-09-13 08:05
1PointFive, a subsidiary of oil firm Occidental, has secured up to $500 million in funding from the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of its South Texas Direct Air Capture (DAC) Hub.
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Washington state prioritises additionality, regionality in upcoming CFS amendments

Carbon Pulse - Fri, 2024-09-13 07:40
Staff at Washington state’s Department of Ecology (ECY) reviewed forthcoming Clean Fuel Standard (CFS) updates that will incentivise new decarbonisation projects over older ones, showing preference for those that impact the Pacific Northwest (PNW), during a pair of public rulemaking webinars over the past week.
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US renewable fuels producer purchases ethanol plant, CCS facility for $210 mln

Carbon Pulse - Fri, 2024-09-13 07:17
A US-based renewable fuels producer said Thursday that it has completed a $210 million acquisition of an ethanol plant in North Dakota that will be used to produce sustainable aviation fuel (SAF).
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Research groups to support four research projects to advance ocean-based CO2 removal

Carbon Pulse - Fri, 2024-09-13 07:14
Two research programmes focusing on maritime CO2 removal (mCDR) announced Thursday the selection of four research projects aiming to advance technologies for ocean-based carbon removal.
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Failure to launch: Flowcarbon reportedly refunding investors over shelved crypto-carbon token

Carbon Pulse - Fri, 2024-09-13 06:33
Flowcarbon, the climate tech startup co-founded by former WeWork CEO Adam Neumann, has reportedly started refunding investors after failing to launch its blockchain-based “Goddess Nature Token” (GNT).
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First talks at EU Parliament environment committee reveal lawmakers’ fears and expectations

Carbon Pulse - Fri, 2024-09-13 05:36
Lawmakers in the European Parliament's environment committee held their first meeting dedicated to climate policy files on Thursday, possibly setting the tone for discussions lying ahead in the coming five-year mandate.
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