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Egyptian voluntary carbon market opens for trading, awaits first deals -media

Carbon Pulse - Fri, 2024-07-26 02:01
Egypt’s long-awaited voluntary market (VCM) is ready to start trading, and the Egyptian Stock Exchange (EGX) is currently awaiting the execution of its very first deals, according to local media reports.
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FEATURE: Commission likely to be cautious about adding more REPowerEU volumes to auction schedule -analysts

Carbon Pulse - Fri, 2024-07-26 01:52
The European Commission will likely be cautious about adding further EU allowance volumes to its forthcoming auctioning schedule aimed at raising money for the bloc's REPowerEU programme to exit Russian fossil fuels, as this could lead prices to fall further, analysts told Carbon Pulse.
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26 EU countries reprimanded for delay in ETS2 implementation

Carbon Pulse - Fri, 2024-07-26 01:50
All EU countries – except Austria – have failed to meet a June 30 deadline to implement the provisions of the EU’s Emissions Trading System related to the pricing of CO2 emissions from road transport and heating fuels, known as ETS2.
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Malaysia’s first nature-based carbon credits go under the hammer

Carbon Pulse - Fri, 2024-07-26 01:50
Bursa Carbon Exchange (BCX) has carried out the auction of Malaysia’s first nature-based carbon credits from the Kuamut Project in Sabah, the exchange announced Thursday.
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BRIEFING: UK authority outlines plan for extending ETS to waste incineration

Carbon Pulse - Fri, 2024-07-26 01:33
The UK ETS Authority has outlined the emissions monitoring methods available when extending the country's carbon trading scheme to include emissions from waste incineration, and how the cost pass through could be apportioned, following a consultation process.
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INTERVIEW: SBTN tweaks protocol to make methodologies feasible

Carbon Pulse - Fri, 2024-07-26 01:22
The Science Based Targets Network (SBTN) this month released updated technical guidance and a corporate manual to help companies tackle their nature impacts, at a time of intensifying debate over perceived trade-offs between rigour and feasibility in target-setting.
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Iceland-based carbon registry launches public consultation for programme updates

Carbon Pulse - Fri, 2024-07-26 01:14
An Iceland-based carbon registry has launched a public consultation on its greenhouse gas programme. 
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New UK public company created to boost Britain’s quest for energy independence, net zero

Carbon Pulse - Fri, 2024-07-26 01:13
UK Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced today a new British Energy partnership that aims to leverage up to £60 billion of private investment into the UK's quest for independence in clean energy technologies that will drive the country's net zero transition. 
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Steel demand remains sluggish in Europe as recovery fails to pick up

Carbon Pulse - Thu, 2024-07-25 23:47
Swedish steelmaker SSAB highlighted weak demand in Q2 and predicted pronounced low demand in Q3 in results published this week, amid a persistent worsening outlook for the European steel sector as a whole.
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Frankfurt and Oslo airport flights hit as climate protests continue

The Guardian - Thu, 2024-07-25 23:09

Flights at Germany’s busiest airport ‘gradually resuming’ on second day of coordinated ‘oil kills’ protests

Climate activists have disrupted flights at Frankfurt and Oslo airports on the second day of coordinated “oil kills” protests across Europe and North America.

Demanding an end to fossil fuels by 2030, supporters of Letzte Generation (Last Generation) briefly suspended flights at Frankfurt airport on Thursday morning. The activists said they had cut a wire fence, entered on bicycles and skateboards and glued themselves to the tarmac.

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FEATURE: CO2-derived plastics trump bio-based plastics on GHG footprint, resource usage

Carbon Pulse - Thu, 2024-07-25 23:04
CO2-derived plastics could reduce the greenhouse gas footprint of plastics under a clean energy grid scenario and reduce pressure on biomass resources, which will become increasingly in-demand as the world pivots towards a more circular economy, say plastic experts.
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High operational costs limiting Thailand’s voluntary carbon market -report

Carbon Pulse - Thu, 2024-07-25 22:43
High operational costs, including that of of assessment and certification of carbon credits, has hindered the growth of Thailand’s domestic carbon market, a report released this week has found.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2024-07-25 22:07
European carbon prices were slightly lower at midday on Thursday as the market consolidated the gains of the last two days in fairly active trading, while energy markets also fell on technical selling after sharp rises on Wednesday.
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Plan Vivo moves to plug risk of unintended leakage from biodiversity crediting projects

Carbon Pulse - Thu, 2024-07-25 20:58
Nature and carbon standard-setter Plan Vivo Foundation is developing an initiative for measuring the unintended consequences of conservation activities involved in emerging biodiversity markets.
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Australian startup releases guidance on biodiversity metrics to enhance corporate disclosures

Carbon Pulse - Thu, 2024-07-25 20:49
An Australian-based biodiversity intelligence startup has developed a model incorporating global and local metrics to assess ecosystem and species health, seeking to enhance data comparability and steer companies in nature-related disclosures.
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Indonesia expands ETS as smaller coal-fired plants to be added

Carbon Pulse - Thu, 2024-07-25 20:25
Indonesia is about to increase the scope of its nascent emissions trading scheme, as the coverage threshold for participating coal-fired power plants will be lowered to 25 MW of capacity, the government announced this week.
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Carbon pricing can lower green premium in Asia steel sector, report says

Carbon Pulse - Thu, 2024-07-25 20:02
An effective carbon price can potentially make a greener, hydrogen-based steelmaking process a cost-effective alternative for steelmakers in China and some other Asian countries, a group of researchers have found.
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