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Methane emissions from gas flaring being hidden from satellite monitors

The Guardian - Thu, 2024-05-02 15:00

Use of enclosed combustors leaves regulators heavily reliant on oil and gas companies’ own flaring data

Oil and gas equipment intended to cut methane emissions is preventing scientists from accurately detecting greenhouse gases and pollutants, a satellite image investigation has revealed.

Energy companies operating in countries such as the US, UK, Germany and Norway appear to have installed technology that could stop researchers from identifying methane, carbon dioxide emissions and pollutants at industrial facilities involved in the disposal of unprofitable natural gas, known in the industry as flaring.

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Oil and gas, agriculture lobbying to weaken international methane rules, NGO claims

Carbon Pulse - Thu, 2024-05-02 14:01
The oil and gas and agriculture industries are consistently, and successfully, lobbying to weaken regulations to cut methane emissions worldwide, an NGO claims in research published on Thursday.
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Clean Energy Regulator auditing HIR projects, NGER reports

Carbon Pulse - Thu, 2024-05-02 12:22
A compliance update from the Clean Energy Regulator (CER) Thursday said it had begun gateway audits on several human-induced regeneration (HIR) carbon projects, as well as audits of a number of emissions reports under the NGER scheme.
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LCFS Market: Bear case for prices as credit surplus bank shows no signs of unwinding

Carbon Pulse - Thu, 2024-05-02 10:51
California Low Carbon Fuel Standard (LCFS) prices have continued on a downward spiral, with traders expecting further downside risk as the programme’s credit surplus bank build shows no signs of slowing.
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US details guidance for SAF credit generation under IRA

Carbon Pulse - Thu, 2024-05-02 10:42
The US Department of the Treasury and Internal Revenue Service (IRS) on Tuesday released their updated guidance for sustainable aviation fuel (SAF) tax credits to establish eligibility for fuel producers, incorporating avenues to reward the use of renewable natural gas (RNG) and carbon capture and storage (CCS).
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Major Canadian power producer folds C$2.4 bln CCS project

Carbon Pulse - Thu, 2024-05-02 10:20
An Alberta-based power generator scrapped its C$2.4 bln ($1.7 bln) carbon capture and storage (CCS) project, citing it as not economically feasible, following attempts over several months to secure a carbon contract for difference (CCfD) agreement with the Canadian government.
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EU carbon prices to triple by 2035, analysts predict, publishing amongst first ETS Phase 5 forecasts

Carbon Pulse - Thu, 2024-05-02 10:14
EU carbon prices are expected to triple to around €200 in 2035, analysts said this week, making them among the first teams of experts to forecast out that far.
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RGGI emissions rise 9% YoY in Q1

Carbon Pulse - Thu, 2024-05-02 09:45
Emissions under the US Northeast and Mid-Atlantic power sector cap-and-trade scheme jumped 9.1% year-on-year (YoY) in the first quarter of 2024, as CO2 output in the majority of participating states rose, programme data showed Wednesday.
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Face of 75,000-year-old Neanderthal woman revealed

BBC - Thu, 2024-05-02 09:09
Scientists build a 3D model of one of our evolutionary cousins from the pieces of a shattered skull.
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We think we control our health – but corporations selling forever chemicals, fossil fuels and ultra-processed foods have a much greater role

The Conversation - Thu, 2024-05-02 06:05
Corporations have an incentive to make profits – even if their products hurt or even kill people. Here’s how to stop history repeating. Nick Chartres, Senior Research Fellow, Faculty of Medicine & Health, University of Sydney Lisa Bero, Chief Scientist, Center for Bioethics and Humanities and Professor of Medicine and Public Health, University of Colorado Anschutz Medical Campus Licensed as Creative Commons – attribution, no derivatives.
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Removals buyers’ group seals $58.3 mln offtake with US CDR developer

Carbon Pulse - Thu, 2024-05-02 03:39
A buyers' club and a Houston-headquartered CO2 removal (CDR) developer announced Wednesday the signing of an $58.3 million multi-year offtake agreement, as the group continues its support of the developing market.
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Gold Standard launches new voluntary carbon methodology to credit home food recycling

Carbon Pulse - Thu, 2024-05-02 03:36
Voluntary carbon credit issuing body Gold Standard has unveiled a new methodology that will issue credits relating to home food recycling, it said on Wednesday.
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Market Stability Reserve activation threshold a “key weakness” of EU ETS -analysts

Carbon Pulse - Thu, 2024-05-02 02:37
The current activation point for the principal supply balancing mechanism in the EU ETS, the Market Stability Reserve (MSR), is too high and represents a "key weakness" of the market, according to analysts at a bank.
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EU ETS2 prices could almost quadruple with weak energy efficiency policies in place -report

Carbon Pulse - Thu, 2024-05-02 02:27
The 2030 prices of the EU’s new heating and transport carbon market (ETS2) could be around four times higher if weak energy efficiency policies are implemented across the bloc, compared to a more ambitious scenario, new analysis has found.
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