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Xpansiv looks to connect to the world via open access to market services

Carbon Pulse - Tue, 2024-05-14 16:00
Xpansiv is expanding its horizons with a new service to provide open access to the company’s automated settlement and portfolio management, the company announced Tuesday.
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UK ‘net zero’ project will produce 20m tonnes of carbon pollution, say experts

The Guardian - Tue, 2024-05-14 15:00

Government told Net Zero Teesside gas scheme will be massive polluter despite its carbon capture claims

A multibillion-pound “net zero” project backed by two of the world’s biggest fossil fuel firms will be responsible for more than 20m tonnes of planet-heating carbon over its lifetime, according to research submitted to the UK government.

The Net Zero Teesside scheme to build a new gas-fired power station in north-east England is backed by BP and Equinor and says it will use carbon capture and storage (CCS) technology to capture up to 95% of its emissions and bury them beneath the North Sea.

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Shareholders at Kasigau firm clash with board over alleged financial mismanagement -media

Carbon Pulse - Tue, 2024-05-14 11:29
Shareholders of Kasigau Ranching Company have reportedly clashed with the board of directors over how "millions of shillings" from voluntary carbon credit sales were spent, with the firm in the middle of a financial and management crisis, according to local media.
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Up to €48 bln of EU subsidies supports activities harmful to nature, WWF says

Carbon Pulse - Tue, 2024-05-14 10:01
EU countries are directing between €34 billion and €48 bln of European subsidies annually into activities that harm biodiversity, with the majority of them allocated to agriculture, according to a report released on Tuesday.
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Para public defender targets R$20 mln fine for alleged REDD+ infractions -media

Carbon Pulse - Tue, 2024-05-14 09:08
The public defender of forest-rich Brazilian state Para is targeting fines totalling R$20 million ($3.9 mln) for alleged illegal land-grabbing practices related to multiple REDD+ projects, according to local media reports.
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RGGI Market: RGAs flatline as market re-enters programme review purgatory

Carbon Pulse - Tue, 2024-05-14 07:45
RGGI allowance (RGA) prices largely plateaued over the past week on lower volumes, with many market participants expecting the futures to hover around their current range in the continued absence of programme review updates, despite a general sense of bullishness.
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Texas firm signs 2-Mt annual CO2 offtake for Louisiana CCS hub

Carbon Pulse - Tue, 2024-05-14 07:42
A Texas-headquartered pipeline and terminaling energy company signed a revised letter of intent (LOI) with a carbon management firm to jointly develop a carbon capture and storage (CCS) project in Louisiana, committing up to 2 million tonnes of CO2 captured annually from its operations.
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ART to begin review of jurisdictional REDD+ carbon standard in August

Carbon Pulse - Tue, 2024-05-14 07:26
The Architecture for REDD+ Transactions (ART) will begin a process to review its jurisdictional carbon standard in August, the US-headquartered organisation announced Monday.
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Scrapping the waste export levy threatens Australia’s emerging lithium battery recycling industry

The Conversation - Tue, 2024-05-14 06:16
Allowing our spent lithium batteries to be exported free of charge could mean forfeiting a potential $3 billion onshore reprocessing industry. Yasir Arafat, Senior Research Associate, Edith Cowan University Daryoush Habibi, Professor and Head, Centre for Green and Smart Energy Systems, Edith Cowan University Licensed as Creative Commons – attribution, no derivatives.
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Hundreds of ‘emaciated’ and stranded pelicans turn up along California coast

The Guardian - Tue, 2024-05-14 05:28

State’s department of fish and wildlife says the brown pelicans are showing signs of malnutrition, but that the cause is still unclear

Hundreds of starving and stranded brown pelicans have turned up along the California coast in recent weeks in what wildlife advocates have described as a “crisis”.

In Newport Beach in southern California, lifeguards came upon two dozen sick pelicans on a pier last week. The Wetlands and Wildlife Care Center in Huntington Beach, the non-profit caring for the animals, said they had treated more than 100 other birds who were anemic, dehydrated and extremely underweight.

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VCM Report: Confidence sapped by drop in voluntary carbon credit retirements, thin liquidity

Carbon Pulse - Tue, 2024-05-14 02:19
Credit retirements dried up and trading was thin in spot markets amid a lackluster week in the voluntary carbon market, partly because of public holidays in Europe.
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ANALYSIS: Built on solid rock: How Kenya emerged as a global leader for carbon market investment

Carbon Pulse - Tue, 2024-05-14 01:37
Kenya has become one of the most attractive countries in the world for carbon market investment, experts have said, drawing in a wide diversity of emissions reductions projects, seeing a high volume of retired voluntary credits, and emerging as a powerhouse in both tech- and nature-based carbon removals due to its geological storage potential and natural sinks.
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