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Washington state lawmakers introduce livestock methane emissions reporting legislation
Democratic lawmakers in Washington's House of Representatives introduced legislation earlier this month to require farmers to submit annual methane emission reports for livestock.
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EU investment bank touts record climate spending, amid transparency concerns
The European Investment Bank (EIB) touted record climate-related spending in 2024, with nearly 60% of its total operations going in support of the green transition, but concerns remain over the transparency of the bank's sustainability reporting.
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Shipping’s early uptake of sustainable e-fuels impossible without emissions levy, modelling shows
Early uptake of sustainable e-fuels in the shipping sector will only take place if an e-fuel reward is introduced, with the revenue raised via carbon levy, new analysis has found.
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UK has high potential for energy-from-waste with carbon capture removals, finds paper
Energy-from-waste (EfW), when combined with carbon capture and storage (CCS), could generate high quality removal credits in the UK, a new paper has found.
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Seaweed farms store carbon at rates matching coastal forests -report
Seaweed farms store carbon in seabed sediments at rates comparable to mangroves, salt marshes, and seagrasses, according to a new global study.
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Hundreds protest in London as jailed climate activists’ appeals are heard
Road outside high court blocked in protest against ‘draconian’ sentences given to 16 Just Stop Oil ‘political prisoners’
Hundreds of protesters have blocked the road outside the high court in London, where the appeals of 16 jailed climate activists are being heard, in condemnation of “the corruption of democracy and the rule of law”.
As England’s most senior judge heard arguments in the appeal of the sentences of the Just Stop Oil activists, who are serving a combined 41 years in jail, their supporters sat on the road in silence holding placards proclaiming them “political prisoners”.
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UK nature credit company acquires South African developer
An England-based nature tech company announced on Thursday it has reached an agreement to acquire a South Africa-headquartered project developer, aiming to advance its ongoing work on nature credits.
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Shell digs deep for share value as oil and gas profits fall, with renewables sidelined
Shell’s investment in green energy flatlined last year, despite strong voluntary carbon market activity, as its leadership spearheaded a refocus on fossil fuels, but the pivot failed to stop profits dropping amid falling oil prices, annual results confirmed Thursday.
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BRIEFING: Pre-arranged finance for disaster response is key to climate resilience, say experts
Anticipating climate crises before they happen and pre-arranging finance for disaster response will lessen the economic impact and improve the ability to respond to the effects of climate change in a fair and equitable manner, experts have said.
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Europe’s hydrogen buildout risks extending gas dependence -report
Europe’s strategy of converting gas-fired power plants into hydrogen facilities is running behind schedule and risks acting as a front to continue investments in fossil infrastructure, a study by a global energy think tank has revealed.
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Nature risk company raises €3.8 mln in seed funding
Nala Earth has raised €3.8 million in seed funding towards its goal of helping to integrate nature risk into corporate decision-making and spur ecosystem restoration, bringing the total amount raised to €5.5 mln.
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UK will not use international carbon credits to meet new Paris emissions target, NDC confirms
The UK does not plan to count international carbon credits toward its goal of cutting emissions by 81% between now and 2035 — although the country is keeping its options open, the government confirmed Thursday in its latest national commitment to the Paris Agreement.
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UK microalgae carbon removal startup sells first credits to European insurer
A UK-based carbon removal developer has sold its first credits under a multi-year offtake agreement to a large European insurance firm, they announced Thursday.
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BRIEFING: Pacific, Caribbean islands face upfront carbon project financing challenges as banks exit en masse
Small island developing states (SIDS) in the Pacific and Caribbean are seeing an exodus of international financial institutions, while correspondent banking relationships (CBRs) granting local banks access to capital markets have also evaporated, posing challenges for the development of Article 6 projects in the region.
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Euro Markets: Midday Update
European carbon allowance prices surged for a third day, reaching a new 15-month high as EUAs tracked gains in TTF natural gas and German power, while UKAs climbed to a six-month high as buying activity gathered pace.
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Norway to launch next phase of forest satellite data programme
Norway’s rainforest protection initiative is preparing to launch a new phase of its satellite data programme later this year to strengthen monitoring of deforestation, forest degradation, and biodiversity in tropical forests, the government announced this week.
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AI-powered platform launches to advance corporate action on nature
An AI-powered business intelligence unit launched on Thursday to help private organisations take action on nature, including exploring opportunities in the nascent biodiversity credit market.
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Swiss startup raises further $16 mln for scaling PFAS destruction technology
A Zurich-based startup has raised $16 million in seed funding to scale its economically sustainable technology aimed at destroying per- and polyfluoroalkyl substances (PFAS) molecules from wastewater, the company announced Thursday.
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Biggest vanadium flow battery in Australia promised for ailing Kalgoorlie grid
The post Biggest vanadium flow battery in Australia promised for ailing Kalgoorlie grid appeared first on RenewEconomy.
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Jakarta eyes regional carbon pricing scheme
The Jakarta metropolitan region, accounting for nearly 5% of Indonesia’s emissions, is considering launching its own carbon pricing mechanism and achieve net zero status by 2050, according to documents from the Asian Development Bank (ADB).
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