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UK to create long-term blueprint for clean energy transition out to 2050

Carbon Pulse - Wed, 2024-10-23 01:30
The UK will announce a blueprint for how it will manage the clean energy transition in the country out to 2050 before the end of the year.
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COP16: Mining threats to ecosystems are growing, report says

Carbon Pulse - Wed, 2024-10-23 01:13
Oil, gas, and mining industries pose growing threats to critical ecosystems in the Amazon Basin, Congo Basin, and Southeast Asia, a report has found.
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BRIEFING: EU presents draft methodologies to measure CO2 removals from biochar, DACCS, BECCS

Carbon Pulse - Wed, 2024-10-23 00:55
The European Commission on Monday presented draft methodologies to measure the CO2 removals obtained from three different techniques, paving the way for the EU to formally adopt them as part of its new carbon removals certification scheme as early as next year.
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Biodiversity credits could be core part of corporate nature strategies, WEF says

Carbon Pulse - Wed, 2024-10-23 00:55
Companies could procure biodiversity credits, or other instruments, as part of their nature strategies, the World Economic Forum (WEF) said in a report published Monday.
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BRIEFING: EU will push for more climate finance contributors and better transparency at COP29

Carbon Pulse - Wed, 2024-10-23 00:53
The EU will go to Baku next month stressing the need to widen the base of contributors to a bigger global climate finance goal - including big emerging, and polluting, economies and greater private sector investment, according to agreements reached by ministers and parliamentarians ahead of the COP29 summit.
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Verra urges ICVCM to extend high-integrity label to renewables projects in developing countries

Carbon Pulse - Wed, 2024-10-23 00:44
Carbon registry Verra is “trying its best” to convince the Integrity Council for the Voluntary Carbon Market (ICVCM) to accept renewables projects in least developed countries for its highly-sought core carbon principle (CCP) label, a company representative said on Tuesday.
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Article 6 markets unlikely to scale until end of decade, says expert

Carbon Pulse - Wed, 2024-10-23 00:27
Large volumes of sovereign carbon credits traded between countries under Article 6.2 of the Paris Agreement are unlikely to be seen until the end of the decade, a panel heard Tuesday.
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Through the roof: how a Brisbane shed is turning old solar panels into silver and copper

The Guardian - Wed, 2024-10-23 00:00

Australia’s solar waste problem – identified as a priority by the federal government in 2016 – is becoming larger and more urgent

In a 50m shed south of Brisbane, solar panels are being turned into silver and copper.

Photovoltaic panels no longer capable of producing electricity are having their aluminium and wires removed before being ground up and refined into plastic, glass, silicon, silver and copper. So far, nothing has gone to waste.

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Share of fossil fuel power falling to 50% across BRICS group, driven by Chinese solar -report

Carbon Pulse - Tue, 2024-10-22 23:54
The share of coal-, oil-, and gas-fired power capacity in the BRICS countries could fall below half by the end of this year, as the development of wind, utility-scale solar, and other non-fossil fuel sources dominate the electricity pipeline across the emerging economies, according to research published on Tuesday.
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Southeast Asian power demand, emissions set to rapidly rise, IEA says

Carbon Pulse - Tue, 2024-10-22 23:32
Southeast Asia is one of the world’s most power hungry regions, with sectoral demand and emissions set to rise faster than in the past without significant decarbonisation and clean energy expansion, a new report from the International Energy Agency (IEA) said Tuesday.
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Miliband faces crunch decision on speed of greenhouse gas cuts

The Guardian - Tue, 2024-10-22 23:00

Energy secretary prepares new pledge for big UK carbon cuts in next decade amid potential cabinet division

Ed Miliband is facing his first key test on Labour’s ambitions for global climate leadership, with a crucial decision looming on how far and how fast to cut the UK’s greenhouse gas emissions.

The energy secretary is preparing a new international pledge for the UK to cut carbon sharply in the next decade, but could face opposition within the cabinet.

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UK-based firm raises €23.7 mln to scale point-source carbon capture technology

Carbon Pulse - Tue, 2024-10-22 22:24
A UK-headquartered carbon capture company has raised €23.7 million in a Series A2 funding round, the firm announced on Tuesday.
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UK export of millions of endangered eels to Russia attacked as ‘bonkers’

The Guardian - Tue, 2024-10-22 22:00

Critics say eels could be smuggled eastwards towards Asia but exporter says they are for ‘restocking’ project

Millions of critically endangered eels have been exported from the Severn estuary to Russia this year and conservationists fear export quotas will be increased next year.

A tonne of glass eels, the young elvers that swim into European estuaries from the Sargasso Sea each spring, was flown to Kaliningrad this year, double the amount exported to the Russian port the previous year.

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INTERVIEW: South Pole ushers in new era with pivot to carbon removals, Article 6

Carbon Pulse - Tue, 2024-10-22 21:54
Carbon project developer and consultancy South Pole has emerged following a significant period of transition and is preparing for a new phase, with a focus on carbon removals and Article 6 markets, its CEO told Carbon Pulse.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-10-22 21:12
European carbon allowance prices clawed back early losses to end Tuesday morning modestly firmer, after five consecutive days of declines driven by weakening natural gas and sustained selling interest, as traders kept a watching brief for movements in the gas market and for signs of renewed pressure.
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Investors keeping away from carbon credits while funding climate technologies, conference hears

Carbon Pulse - Tue, 2024-10-22 21:09
Investors including multilateral organisations are keeping their distance from carbon credits due to the volatile nature of the market while funding technologies to accelerate climate action, a conference heard Tuesday.
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Launch of lightweight probe for CO2 measurement of flue gas, DAC

Carbon Pulse - Tue, 2024-10-22 21:00
A Finnish company has launched a hand-sized instrument for accurate in-situ measurement of the CO2 in flue gas and direct air capture (DAC), which it says will avoid greenwashing from carbon capture and help with process optimisation.
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Off-grid solar provider selected for World Bank-backed project in Kenya

Carbon Pulse - Tue, 2024-10-22 20:55
A San Francisco-headquartered off-grid solar provider has been chosen to participate in a World Bank-funded government programme in Kenya that aims to boost the adoption of off-grid solar home system and clean cookstoves in rural counties, the company announced on Tuesday. 
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Mexican state announces “comprehensive” nature credits strategy

Carbon Pulse - Tue, 2024-10-22 20:55
The Mexican state of Colima has committed to supporting a nature crediting programme spearheaded by a French restoration company.
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APAC carbon credit supplier calling for premium to ACCUs in upcoming offer round

Carbon Pulse - Tue, 2024-10-22 20:54
An Asia Pacific carbon credit supplier is offering credits for bidding at a significant near-50% premium over generic Australian Carbon Credit Units (ACCUs).
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