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US business group gives advice to EU on CCUS, hydrogen deployment

Carbon Pulse - Wed, 2024-09-04 16:00
Carbon capture, utilisation, and storage (CCUS) and hydrogen technologies have a critical role to play in achieving the EU’s decarbonisation targets, particularly for hard-to-abate sectors, said the American Chamber of Commerce to the European Union in recommendations to the bloc's policymakers on how to accelerate deployment.
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Biochar doesn’t just store carbon – it stores water and boosts farmers’ drought resilience

The Conversation - Wed, 2024-09-04 14:05
Adding biochar to degraded soils boosts how much water soils can hold and help farmers survive droughts. Sirjana Adhikari, Associate Research Fellow in Mineral Processing, Deakin University Ellen Moon, Senior Lecturer in Environmental Engineering, Deakin University Wendy Timms, Professor of Environmental Engineering, Deakin University Licensed as Creative Commons – attribution, no derivatives.
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PREVIEW: Washington’s Q3 auction forecasts clouded by programme uncertainty

Carbon Pulse - Wed, 2024-09-04 14:03
Market participants maintained modest expectations for the upcoming Washington Carbon Allowance (WCA) auction on Wednesday in light of the ongoing anxiety surrounding the fate of the state's cap-and-trade scheme.
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PREVIEW: Traders expect discounted RGGI Q3 auction clear, compliance participation key

Carbon Pulse - Wed, 2024-09-04 12:52
Traders favour the Q3 RGGI permit sale to clear at a discount to secondary market prices, with compliance demand a key factor determining the settlement.
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Washington CFS overhauls validation, verification in draft regulation

Carbon Pulse - Wed, 2024-09-04 10:30
Washington’s draft Clean Fuel Standard (CFS) language includes updates to its third-party verification programme and changes to credit generation, according to information published by the Department of Ecology (ECY) on Friday.
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UPDATE – Latest NZ ETS auction sees another bidless round

Carbon Pulse - Wed, 2024-09-04 10:10
The third New Zealand ETS auction for 2024 has failed to clear, with not a single bid being submitted, repeating the results of the last permit sale held in June.
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Let’s be honest: Australia’s claim to have cut climate pollution isn’t as good as it seems | Adam Morton

The Guardian - Wed, 2024-09-04 08:50

Take renewable energy out of the equation and there isn’t much else expected to reduce fossil fuel use this side of 2030

Australia has a problem with greenhouse gas emissions – a bigger problem than the political debate concedes.

Late last week, as Australians endured record August warmth and global heating-fuelled extreme rain, the federal government released data that suggest heat-trapping gases across most of the economy are currently headed in the wrong direction or yet to budge much from historic highs.

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Categories: Around The Web

If Australia wants to fast-track 100% renewables, it must learn from Europe’s risky path

The Conversation - Wed, 2024-09-04 06:22
Choosing speed above all else gets clean energy built. But it comes with risks. Which path should Australia take? Anne Kallies, Senior Lecturer in Energy Law, RMIT University Licensed as Creative Commons – attribution, no derivatives.
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Nice auction, but Ed Miliband is still a long way from his 2030 targets for offshore wind | Nils Pratley

The Guardian - Wed, 2024-09-04 03:55

Arithmetic over capacity does not add up, with supply chains a constraining factor

It was a “record-setting auction” and “a significant step forward in our mission for clean power for 2030”, trumpeted the energy secretary, Ed Miliband, enjoying the contrast with last year’s auction flop under the Tories in which precisely zero bids were received to build offshore windfarms.

Miliband was claiming credit when it wasn’t entirely due, of course, because this year’s competition was designed well before the general election. Some version of success was guaranteed from the moment the last government said it was prepared to pay up to £73 a megawatt hour (in 2012 prices, confusingly) for offshore wind, a mighty leap from the £44 level that produced no takers in 2023. At the higher level of incentive, developers were bound to come out to play again.

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Brazil’s CCS bill passes Senate committee, goes to plenary

Carbon Pulse - Wed, 2024-09-04 03:45
A Brazilian Senate committee approved on Tuesday a long-awaited bill with key carbon capture and storage (CCS) elements, sending it to plenary.
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UK acknowledges flagship carbon capture programme faces challenges staying on track

Carbon Pulse - Wed, 2024-09-04 02:41
The director of carbon capture and storage (CCS) in the UK government acknowledged at a conference on Tuesday that the country faces challenges meeting its capacity targets.
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VCM Report: Signs of life emerge but voluntary carbon market still yet to spark

Carbon Pulse - Wed, 2024-09-04 02:30
Signs of life started to emerge in the voluntary carbon market last week, with brokers reporting an uptick in fresh offers and better buying appetite, although prices were little moved and liquidity remained thin.
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Spain’s Ribera seen as most likely pick for EU climate chief

Carbon Pulse - Wed, 2024-09-04 02:26
The Spanish Minister for the Ecological Transition, who was appointed to Brussels last week by her government, is widely tipped for the European Commission’s climate portfolio, but is not certain to be confirmed in time for the COP29 summit in Baku.
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Longship carbon capture project near-complete, on track for 2025 start, confirms Norwegian oil minister

Carbon Pulse - Wed, 2024-09-04 02:07
Norway’s pioneering Longship carbon capture and storage (CCS) project is now 80% complete and on-track to begin operations next year, according to the country’s oil minister.
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