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Small number of large deals keeps carbon removal market ticking higher in Q3
A handful of big purchases, mainly by Microsoft and Equinor, kept the needle moving upwards in the carbon removal (CDR) market in the third quarter, as overall volumes remained small and prices high.
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Carbon removal platform certifies new biochar protocol with 1,000-year durability option
A carbon removal certification programme has approved a new biochar protocol with a durability option exceeding 1,000 years, along with another module focused on the technology.
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BRIEFING: Carbon price levers, private sector mix in Chile’s all-in recipe for climate action
A range of carbon pricing measures and the private sector will come together in Chile’s market-led model of climate action, ministers said at the Chile Carbon Forum this week in Santiago.
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US oil and gas industry continues to eye EOR for captured CO2 utilisation
US oil and gas industry members maintained their support for enhanced oil recovery (EOR) as a beneficial carbon capture, utilisation, and storage (CCUS) solution, even as market forecasts indicate a shift towards dedicated geological storage, a conference heard this week.
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Japan picks single project for JCM after advanced decarbonisation tech tender
Japan has decided to subsidise a single project to develop under the Joint Crediting Mechanism (JCM) after issuing a tender earlier in the year calling for hydrogen or other advanced decarbonisation technologies not yet included in the scheme.
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CFEL2024: Credit surplus will not hold back VCM 2.0, analysts say
The credit surplus in the voluntary carbon market (VCM) should not hold back price development and liquidity as the market reforms, analysts at Carbon Forward Expo London said on Thursday, suggesting a two-speed market could develop in the future.
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INTERVIEW: CORSIA to provide basis for voluntary carbon growth but demand signal may take time
The UN's international aviation offsetting scheme could provide the foundation for generating strong voluntary carbon trade and lead to much-needed standardisation in the market, but demand may take time to materialise and governments need to step in to send investors a clear signal, according to a carbon exchange CEO.
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PREVIEW: EU’s new climate policy duo to face Parliament grilling
The two new EU commissioners-designate responsible for climate policy are preparing for a high-stake confirmation hearing in the European Parliament next month, amid a dispute between political groups over the timing of the interviews.
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INTERVIEW: Solar plus agri-waste presents opportunity for e-fuel market
A startup converting agricultural waste into syngas using solar energy for the production of carbon-neutral synthetic fuel described the technology as “low hanging fruit” for scaling up sustainable fuels for aviation and maritime.
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Dramatic images show the first floods in the Sahara in half a century
More than year’s worth of rain fell in two days in south-east Morocco, filling up lake that had been dry for decades
Dramatic pictures have emerged of the first floods in the Sahara in half a century.
Two days of rainfall in September exceeded yearly averages in several areas of south-eastMorocco and caused a deluge, officials of the country’s meteorology agency said in early October. In Tagounite, a village about 450km(280 miles) south of the capital, Rabat, more than 100mm (3.9 inches) was recorded in a 24-hour period.
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Euro Markets: Midday Update
European carbon prices corrected lower for much of the morning following two highly bullish sessions, with multiple participants citing the influence of a London conference as boosting sentiment in recent days, as easing gas prices on Friday also pressured EUAs to undo some of their strength.
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CN Markets: CEAs hold firm amid growing demand, trading volumes surge
Prices in China's CO2 allowance market remained above 100 yuan ($14.15) after the Golden Week holidays, with a surge in weekly trading volumes amid growing compliance demand.
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Environment Bank partners with Barclays to sell BNG units
UK-headquartered conservation company Environment Bank has partnered with Barclays bank to hasten the biodiversity net gain (BNG) policy uptake among England-based farmers and house builders.
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EU publishes draft rules for tracing renewable and recycled carbon fuels
The European Commission has issued draft rules establishing a Union database to ensure only certified green fuels are counted for the achievement of EU decarbonisation targets, while avoiding any risk of fraud or double counting.
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Beijing to prioritise compliance use of locally created credits
Beijing will give priority to carbon credits generated within the region, allowing emitters to use more locally created units to offset part of their obligations under the local emissions trading scheme.
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Denmark publishes national biochar strategy as it looks to meet carbon negative target
Denmark has published a national biochar strategy that outlines how the government plans to use the carbon removal process to meet its climate neutral 2045 target, and 2050 carbon negative target.
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INTERVIEW: Species protection index can lay solid foundations for biodiversity markets
The Species Protection Index (SPI), among the indicators of the Global Biodiversity Framework (GBF), could have a crucial role in building the foundations of the nascent biodiversity credit market, its developers told Carbon Pulse.
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South Korea prepares for blue carbon trading programme, seaweed methodology
An affiliate under South Korea's ocean ministry is preparing measures to increase the country's blue carbon resources, with focus on the introduction of an offset programme and the cultivation of seaweeds.
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EXCLUSIVE: ACX moves voluntary carbon clearing house to Singapore from UAE
ACX has moved its clearing house to Singapore from Abu Dhabi to better deal with the 'realities' of the voluntary carbon market, the exchange operator told Carbon Pulse, as it unveils an updated trading platform.
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Week in wildlife in pictures: a diva beaver, 100 hungry raccoons and the fattest bear
The best of this week’s wildlife photographs from around the world
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