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Germany ups decarbonisation subsidies despite budget woes

Carbon Pulse - Wed, 2024-08-28 02:11
All building owners in Germany will soon be able to apply for subsidies to decarbonise their heating system, the economy ministry announced on Tuesday, in a move that may help the country better prepare for the introduction of the EU-wide heating and transport Emission Trading System (ETS2).
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Heat-related deaths have increased by 117% in the US since 1999 – report

The Guardian - Wed, 2024-08-28 01:34

More than 21,500 US deaths over last two decades were connected to heat, top medical journal finds

As record-breaking heatwaves continue across parts of the US, a new report shows that heat-related deaths in the country rose by 117% between 1999 and 2023.

The report, released on Monday by the Journal of the American Medical Association (Jama), found that from 1999 to 2023, there have been more than 21,500 heat-related deaths recorded in the US.

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European Commission taken to court over 2030 climate targets

Carbon Pulse - Wed, 2024-08-28 01:25
Two non-profits are taking the European Commission to court, claiming the bloc's target for emissions reductions this decade is too modest.
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Egypt seen opting for voluntary carbon market rather than CO2 tax -media

Carbon Pulse - Wed, 2024-08-28 00:48
Egypt officially launched its regulated voluntary carbon market (VCM) this month, weeks after reports that the cabinet was working on late-stage drafts of carbon tax regulations, and the VCM-based incentive system could ultimately supplant taxation, according to local media reports.
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INTERVIEW: New carbon removals initiative aims to foster more transparency

Carbon Pulse - Wed, 2024-08-28 00:45
An initiative focused on providing technical assistance and capacity building for carbon removal (CDR) firms is pushing to establish a more transparent, accountable, and effective ecosystem, its founder told Carbon Pulse.
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Paris targets at risk as corporates pull the brake on investing in green technologies -report

Carbon Pulse - Wed, 2024-08-28 00:08
Paris Agreement climate targets are at risk because companies are shying away from taking the plunge on green technology projects, creating a widening ‘reality gap’ between commitments on paper and what is needed on the ground, finds new research.
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Alliance pushes for systemic marine change to overcome financing challenges

Carbon Pulse - Tue, 2024-08-27 23:55
A marine alliance is pushing for system-wide change to financing marine protected areas (MPAs), as a site-by-site approach is not working, an executive has said.
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World’s first green ammonia plant opens in Denmark

Carbon Pulse - Tue, 2024-08-27 23:07
A first-of-its-kind green ammonia plant that will take advantage of power fluctuations from wind and solar power was opened on Tuesday by a trio of Danish clean tech companies, with a view to decarbonise shipping, fertilisers and heavy industry.
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Seven carbon removal firms complete accelerator programme led by Berlin-based marketplace

Carbon Pulse - Tue, 2024-08-27 22:44
Seven carbon removal (CDR) companies have completed an accelerator programme led by a German carbon credit marketplace.
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Australia bets on SAF to decarbonise crucial aviation industry

Carbon Pulse - Tue, 2024-08-27 22:27
Australia plans to decarbonise its aviation industry in coming years, both domestically and internationally, but government support will be needed to drive the uptake of sustainable aviation fuel (SAF), according to a government white paper released on Tuesday.
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Carbon data firm partners with environmental monitoring outfit to advance real-time emissions measurement

Carbon Pulse - Tue, 2024-08-27 22:25
A voluntary carbon data firm has partnered with an environmental monitoring systems provider to develop a new digital monitoring, reporting, and verification (dMRV) for the emissions monitoring industry, they said in a press release.
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INTERVIEW: Steel sector eyes ‘breakthrough technologies’ to meet EU climate goals

Carbon Pulse - Tue, 2024-08-27 22:15
The European steel industry has exhausted almost all options to reduce emissions thanks to efficiency gains and is now looking at “breakthrough technologies” – essentially electrification – to achieve climate neutrality, the sector’s lobby group told Carbon Pulse in an interview.
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Green groups urge Ed Miliband to scrap Drax subsidies

The Guardian - Tue, 2024-08-27 21:54

Open letter to Labour energy secretary from 41 groups says wood-burning biomass plants are putting forests and biodiversity at risk

More than 40 green groups have called on Ed Miliband to scrap plans to pay billions in subsidies to the Drax power plant in North Yorkshire for it to keep burning wood pellets imported from overseas forests.

In an open letter to the energy secretary, 41 groups from across Europe and the US say they are “deeply concerned” about the UK government’s plans to foot the cost of extending the subsidy scheme, which supports the UK’s most polluting power plant from 2027 until the end of the decade.

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INTERVIEW: Investors’ growing demand for Africa’s natural assets can plug gap in long-term conservation

Carbon Pulse - Tue, 2024-08-27 21:48
Investors' demand for natural assets in Africa is increasing, with the private sector set to play an important role in bridging the gap in long-term land conservation in the region, the CEO of a conservation investment group has told Carbon Pulse.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-08-27 21:44
European carbon prices were firmer on Tuesday morning as the UK returned after a public holiday, while EUAs benefitted from a sharp climb in natural gas after a number of interruptions to North Sea production were announced.
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Sea level rise imperils global coastlines, mostly Pacific islands -UN report

Carbon Pulse - Tue, 2024-08-27 21:41
An unprecedented increase in global sea levels poses a major threat to countries with large coastal populations and will significantly impact the livelihoods of those living in the Pacific islands, according to a UN technical brief released this week.
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Large economies face significantly different challenges to decarbonising steel -report

Carbon Pulse - Tue, 2024-08-27 21:07
China, India, and the US face vastly different challenges on the path to decarbonising the hard-to-abate steel sector, according to a new report.
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Campaigners sue EU over ‘grossly inadequate’ 2030 climate targets

The Guardian - Tue, 2024-08-27 21:00

Groups challenging emissions limits in key sectors including agriculture, waste and transport

The EU is being sued for failing to set ambitious climate targets in sectors that contribute more than half of the bloc’s total greenhouse gas emissions.

Climate Action Network (CAN) Europe and the Global Legal Action Network (GLAN) argue that climate targets laid out for agriculture, waste, transport and small industry in the 27 EU member states until the end of the decade are not based on the best science and are therefore “grossly inadequate”.

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