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UK renewables auction blows new life into offshore wind developments

Carbon Pulse - Wed, 2024-09-04 00:31
The UK awarded contracts for a record 131 renewable energy projects on Tuesday, with price bids coming in well below the maximum set by the government in an auction that the industry welcomed as a sign of renewed investor confidence in the country.
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Two blockchain platforms link up to offer voluntary carbon credit lifecycle services

Carbon Pulse - Tue, 2024-09-03 23:09
Two blockchain platforms have integrated their technologies to offer a streamlined service for the lifecycle of voluntary carbon credits, from issuance to trading, they announced Tuesday.
Categories: Around The Web

PCX Markets reports 100,000 tonnes of plastic waste diverted through credits

Carbon Pulse - Tue, 2024-09-03 23:01
Singapore-based marketplace PCX Markets has said it has prevented 100,000 tonnes of plastic waste from dispersing in nature through plastic credit issuance in the last four years.
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UK carbon removal intermediary secures agreement to sell Bolivian biochar credits

Carbon Pulse - Tue, 2024-09-03 23:00
A London-based carbon removal marketplace has secured exclusive access to the remaining credits available this year from a Bolivian biochar developer, the firms announced Tuesday.
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Pakistan’s Sindh province to generate millions of voluntary carbon credits through reforestation projects

Carbon Pulse - Tue, 2024-09-03 22:53
The government of Sindh province in Pakistan is planning to generate tens of millions of voluntary carbon credits by planting trees along the Indus River in a massive reforestation initiative, an official told Carbon Pulse.
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COP29 host launches support platform to aid developing nations submit climate reports

Carbon Pulse - Tue, 2024-09-03 22:48
COP29 host nation Azerbaijan has launched a platform to help developing nations with their submission of climate progress reports.
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UK govt sells first statutory biodiversity credits

Carbon Pulse - Tue, 2024-09-03 22:35
The UK government is selling its first batch of statutory biodiversity credits under the biodiversity net gain (BNG) scheme to a developer for an estimated total of £35,120.
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England’s nature-friendly farming budget to be cut by £100m

The Guardian - Tue, 2024-09-03 22:12

Exclusive: Cut would mean at least 239,000 fewer hectares of nature-friendly farmland, according to RSPB

The government is to slash the nature-friendly farming budget in England by £100m in order to help fill what ministers say is a £22bn Treasury shortfall, the Guardian can reveal.

Nature groups and farmers have called this a “big mistake”, saying it jeopardised the government’s legally binding targets to improve nature.

Continue reading...
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Developer using AI to produce carbon removal technology open-sources model

Carbon Pulse - Tue, 2024-09-03 22:00
An industrial technology developer using artificial intelligence (AI) to design and deploy new climate technologies has open-sourced an AI model, with its first product set to be a carbon removal technology, in the early stages of commercialisation.
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South Korea to expand participation and curb surplus in national ETS

Carbon Pulse - Tue, 2024-09-03 21:35
South Korea is planning to extend participation and curb permit surplus in its emissions trading system, as the government seeks to reverse the dynamics in the struggling market.
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Euro Markets: Midday Update

Carbon Pulse - Tue, 2024-09-03 21:18
European carbon prices dropped to their lowest in four weeks on Tuesday morning as the weight of selling pressure continued to hang over the market, while an upward revision to France's expected nuclear generation this year and bearish Chinese economic data added to weakness in the energy complex.
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Puro approved to supply large carbon removals buyers’ club

Carbon Pulse - Tue, 2024-09-03 19:55
Finnish carbon removal standard Puro.earth has seen its issuances approved to supply a multinational credit buyers' club, the firm announced Tuesday.
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Regenerative agriculture firm raises €15 mln to support low-carbon farming transition

Carbon Pulse - Tue, 2024-09-03 19:52
A Belgium-based company using carbon finance to incentivise farmers for sustainable practices has raised €15 million in a Series B fundraising round.
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Korean steelmakers likely to bear $2.2 bln CBAM costs over next decade, lobby group says

Carbon Pulse - Tue, 2024-09-03 19:44
A major South Korean business lobby is urging the government to actively support decarbonisation of the domestic steel industry, as the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM) could bring Korean steelmakers additional costs of 3 trillion won ($2.2 billion) over the next decade.
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Maritime compliance firm raises €5 mln to expand EU ETS solutions

Carbon Pulse - Tue, 2024-09-03 19:36
A provider of emissions data and compliance management solutions for the maritime industry has closed a €5 million Series A financing round, according to a press release.
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Cercarbono expects to register a handful of biodiversity credit projects in 2025

Carbon Pulse - Tue, 2024-09-03 19:36
Colombian standard Cercarbono expects to certify only a handful of biodiversity credit projects in 2025, hoping to have enough initiatives in its pipeline to test the standard during its first year.
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UK’s methane hotspots include landfills and last coalmine

The Guardian - Tue, 2024-09-03 19:33

Greenpeace urges Labour to ‘fulfil international obligations’ as critics question accuracy of official data

The UK’s worst methane hotspots include the last coalmine, livestock farm clusters, landfills, power plants and North Sea oil and gas wells, according to an analysis.

The process has also thrown up serious doubts over the UK’s ability to calculate its methane emissions.

Continue reading...
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Kenyan wind power project embroiled in land dispute, unable to sell carbon credits -media

Carbon Pulse - Tue, 2024-09-03 19:18
One of the largest renewable energy projects in Kenya, involved in a land dispute with the local community for about a decade, has been unable to trade carbon credits issued from the project, according to a local media source.
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