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INTERVIEW: Puro endorsed by buyers’ club, sees growth potential in Americas

Carbon Pulse - Fri, 2024-08-16 03:40
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.
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Anti-whaling activist to stay in Greenland jail while extradition decided

The Guardian - Fri, 2024-08-16 00:54

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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Maritime compliance company warns of rising FuelEU penalties, gives early price estimates for pooling

Carbon Pulse - Fri, 2024-08-16 00:34
A maritime emissions compliance and data solutions provider has released early price estimates for FuelEU’s pooling system in a press feature.
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‘Hybrid’ steel plants could ease switch to green steel -analyst

Carbon Pulse - Fri, 2024-08-16 00:21
‘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.
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Australia’s New South Wales introduces biodiversity offsets bill

Carbon Pulse - Thu, 2024-08-15 23:41
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.
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“Kill your darlings”: Voluntary carbon participants lament state of market, but integrity initiatives provide some solace

Carbon Pulse - Thu, 2024-08-15 23:01
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.
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INTERVIEW: Voluntary carbon credits can step in while costs of green tech remain too high

Carbon Pulse - Thu, 2024-08-15 22:49
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.
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Integrity body faces credibility test if corporates continue to retire non-CCP voluntary carbon credits, warn analysts

Carbon Pulse - Thu, 2024-08-15 22:40
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.
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Two Canadian firms study voluntary carbon credit potential from graphite separation

Carbon Pulse - Thu, 2024-08-15 22:39
Two Canadian companies are collaborating to determine whether a proprietary graphite processing method could generate voluntary carbon credits.
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UK enhanced rock weathering may come with environmental and health trade-offs -report

Carbon Pulse - Thu, 2024-08-15 22:38
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.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-08-15 21:23
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.
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New Zealand verifier wins backing for forestry certification standard

Carbon Pulse - Thu, 2024-08-15 21:21
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.
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Danish wind power giant Ørsted delays major US offshore project

The Guardian - Thu, 2024-08-15 21:12

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

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 adds new activity module to its soil organic carbon methodology

Carbon Pulse - Thu, 2024-08-15 20:51
Gold Standard has added a new “Managed Pasture Activity Module” to its Soil Organic Carbon methodology, the carbon offset standard announced on Thursday.
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Investors announce Australian regenerative agriculture partnership

Carbon Pulse - Thu, 2024-08-15 20:12
Two investors on Wednesday announced an Australian partnership focused on ecosystem services and regenerative agriculture.
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Australian carbon watchdog puts HIR under spotlight

Carbon Pulse - Thu, 2024-08-15 18:54
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.
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Singapore, Philippines to sign MoU on carbon credits

Carbon Pulse - Thu, 2024-08-15 18:21
Singapore and the Philippines are due to sign a Memorandum of Understanding on carbon credits Thursday night, reinforcing their Article 6.2 collaboration.
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China renewable energy expansion continues to outpace thermal generation

Carbon Pulse - Thu, 2024-08-15 18:12
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.
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Generative AI can bring climate benefits -report

Carbon Pulse - Thu, 2024-08-15 18:00
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.
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