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A coalition of durable carbon removals (CDR) buyers has fully endorsed the Puro.earth standard, making it one of only two bodies to achieve this distinction, a company representative told Carbon Pulse on the sidelines of the Mexico Carbon Forum on Wednesday, as Puro addresses a growing market in North and South America.

Paul Watson fighting efforts byJapan to have him stand trial there for 2010 confrontation with whalers

A Greenland court has ordered the anti-whaling activist Paul Watson to remain in custody until 5 September pending a decision on his possible extradition to Japan.

Watson, an American-Canadian who has been detained since his arrest in Nuuk in July, had appealed against the court’s decision, the statement on Thursday added.

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A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.

‘Hybrid’ steel plants that blend hydrogen and natural gas are a ‘promising solution’ that could help ease the shift to green steel, according to an analyst at a leading climate think tank.

The solar farm was approved in 2019 when Neoen owned it and is now expected to be finished in 2026. Neighbours will get rebates on their bills.

The post Shovels ready as Engie reaches financial close on 250MW solar farm appeared first on RenewEconomy.

The New South Wales government in Australia introduced a bill to reform the biodiversity offsets scheme to its Parliament on Thursday, requiring developers take measures to prioritise avoiding environmental harm.

Sentiment in the voluntary carbon market (VCM) is weak with buyers staying away, scared off by the multiple scandals that have plagued the sector, but participants are hopeful the integrity initiatives underway will lead to better times, despite demand-side challenges remaining.

The Science Based Targets initiative (SBTi) should recognise the value of voluntary carbon credits as a stopgap measure for corproate investment while they wait for the cost of some internal emissions reduction levers, such as electrification, to decline, said an environmental consultancy.

Retirement patterns of voluntary carbon credits this quarter will test whether corporate buyers are paying heed to the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principle (CCP) stamp of integrity, according to analysts.

Two Canadian companies are collaborating to determine whether a proprietary graphite processing method could generate voluntary carbon credits.

The UK could reasonably expect to remove around 6 million tonnes a year of CO2 using enhanced rock weathering, although it would require an expansion of rock crushing operations and could pose new risks around emissions and environmental and public health.

European carbon prices eased slightly on Thursday morning even while energy markets were marginally firmer, as trading activity picked up again after Wednesday's lull despite a public holiday across much of the region.

A New Zealand-based verifier on Thursday announced its verification standard for long-term forestry CO2 capture and storage had been validated by a global certification firm, the first time such a standard will be made available for the voluntary carbon market, it said.

News follows scrapping of two other Atlantic windfarms and axing of hundreds of jobs as costs surge

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The Danish company developing the world’s largest offshore windfarm in the North Sea has been forced to delay a major project off the north-east coast of the US, months after cancelling two nearby developments and cutting hundreds of jobs.

Ørsted has pushed back the start of commercial operations at its 704 megawatt Revolution Wind project off the coast of Rhode Island and Connecticut by a year, to 2026.

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Gold Standard has added a new “Managed Pasture Activity Module” to its Soil Organic Carbon methodology, the carbon offset standard announced on Thursday.

Two investors on Wednesday announced an Australian partnership focused on ecosystem services and regenerative agriculture.

Australia’s Clean Energy Regulator (CER), which oversees Australia’s carbon market, has made the process around gateway checks for human-induced regeneration projects a key priority for the ACCU Scheme over the next year.

Singapore and the Philippines are due to sign a Memorandum of Understanding on carbon credits Thursday night, reinforcing their Article 6.2 collaboration.

China saw strong annual growth in hydro and solar power production in July, while domestic thermal power generation continued to fall amid underwhelming economic recovery, according to government data.

Generative AI models used to create novel materials or assist people in various tasks can advance climate and sustainability goals, according to a report by a venture capital house on Thursday.