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CWNYC24: African carbon markets stakeholders consider credit price floor

Carbon Pulse - Thu, 2024-09-26 05:17
A capacity-building programme for African carbon markets has considered a credit price floor but does not currently have an official ask, Carbon Pulse heard on Wednesday during Climate Week NYC.
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ERW startup renews carbon removals partnership with large buyer

Carbon Pulse - Thu, 2024-09-26 02:18
A startup specialising in enhanced rock weathering (ERW) technology on Wednesday announced a renewed partnership with a large buyer of CO2 removal credits.
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Earth to briefly gain second 'moon', scientists say

BBC - Thu, 2024-09-26 01:47
Earth is about to get a second moon for a couple of months, but it won't be visible for most people.
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CWNYC24: UK pushing to get next Brazilian J-REDD deal over the line -official

Carbon Pulse - Thu, 2024-09-26 01:27
The UK is making a push for the next jurisdictional REDD (J-REDD) deal arranged through the LEAF Coalition to be with another Brazilian state, a British official said Wednesday at Climate Week NYC.
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CWNYC24: Global corporations back new initiative for round-the-clock carbon-free electricity

Carbon Pulse - Thu, 2024-09-26 01:20
Major international companies including Google have joined a new initiative aimed at boosting the use of carbon-free power across the world, in a bid to revolutionise electricity procurement and reduce emissions.
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Hemp carbon removal credits to be tokenised by Swedish platform

Carbon Pulse - Thu, 2024-09-26 01:16
A specialist standard for growing hemp has sold a batch of credits to a Swedish blockchain carbon removal platform for tokenisation, marking a new partnership between the two companies.
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Paris investor seals deal to sell credits from large blue carbon project in Mozambique

Carbon Pulse - Thu, 2024-09-26 01:00
A Paris-based financier will fully fund the first phase of a large blue carbon project in Mozambique and in return sell the credits generated.
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Stuck on repeat: why Peter Dutton’s ‘greatest hits’ on nuclear power are worse than a broken record | Temperature Check

The Guardian - Thu, 2024-09-26 01:00

So far there are no costings and no details on what type of reactors there would be, their size or who would build them

Usually you need a few genuine releases under your belt before you start putting out “greatest hits” albums, but when it comes to spruiking nuclear this hasn’t stopped Peter Dutton.

This week, the opposition leader gave a speech that some hoped – perhaps naively – would add some more detail to the Coalition’s scant policy proposal to build nuclear reactors at seven sites around Australia.

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CWNYC24: Climate impact verifier, standards body team up to drive corporate action on Scope 3 emissions

Carbon Pulse - Thu, 2024-09-26 00:56
A climate impact verification organisation and a major carbon market standards body on Wednesday announced a new partnership aimed at driving credible corporate Scope 3 emissions reductions.
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CWNYC24: New initiative shuns carbon offsets to offer alternative path to decarbonising global fashion

Carbon Pulse - Wed, 2024-09-25 23:54
A new initiative to decarbonise cotton production without the use of carbon offsets was launched Wednesday, in an attempt to transform the global fashion industry's approach to sustainable raw materials.
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Asset owners alliance announces second annual emission drop, claims alignment with 1.5C target

Carbon Pulse - Wed, 2024-09-25 23:01
A global institutional investor group has announced a 6% annual drop in emissions across its 88 members, nearly doubling last year's reductions, as it claims to be aligned with the 1.5C Paris warming target.
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Market infrastructure provider, climate risk experts team up to facilitate corporate reporting, supply chain decarbonisation

Carbon Pulse - Wed, 2024-09-25 22:51
A global market infrastructure provider has partnered with a climate risk analytics firm to assist companies in meeting evolving reporting requirements and driving large-scale supply chain decarbonisation.
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Orange juice producer and partners launch Brazil’s first carbon credit methodology for agribusiness

Carbon Pulse - Wed, 2024-09-25 22:45
The world’s largest orange juice producer, in partnership with two environmental companies, will launch Brazil’s first carbon credit methodology for the agribusiness, according to a press release.
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INTERVIEW: Carbon exchange board member urges SBTN, TNFD to include biodiversity credits in their frameworks

Carbon Pulse - Wed, 2024-09-25 22:10
The Science-Based Target Network (SBTN) and the Taskforce on Nature-related Financial Disclosures (TNFD) should integrate biodiversity credits into their frameworks to help unlock corporate demand, according to an executive board member of carbon exchange Climate Impact X (CIX).
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Offset developer partners with Kenyan business consortium to support carbon markets, scale climate finance

Carbon Pulse - Wed, 2024-09-25 22:07
A carbon offset project developer has formed a partnership with a business consortium in Kenya to scale up private sector finance in order to support carbon markets and scale climate finance in the East African nation, the partners announced Wednesday.
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CWNYC24: Voluntary carbon integrity body teams up with pan-African initiative to scale market access

Carbon Pulse - Wed, 2024-09-25 22:01
The Africa Carbon Markets Initiative (ACMI) has partnered with a voluntary market integrity organisation to support governments on the continent build regulation to access much-needed carbon finance.
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Climate scientists call on Labour to pause £1bn plans for carbon capture

The Guardian - Wed, 2024-09-25 22:00

Letter says technologies to produce blue hydrogen and capture CO2 are unproven and could hinder net zero efforts

Leading climate scientists are urging the government to pause plans for a billion pound investment in “green technologies” they say are unproven and would make it harder for the UK to reach its net zero targets.

Labour has promised to invest £1bn in carbon capture, usage and storage (CCUS) to produce blue hydrogen and to capture carbon dioxide from new gas-fired power stations – with a decision on the first tranche of the funding expected imminently.

Lock the UK into fossil fuel production for generations to come.

Result in huge upstream emissions from methane leaks, transport and processing of liquefied natural gas (LNG) from the US.

Rely on carbon capture and storage (CCS) during the production of hydrogen – technology they say has been abandoned in the vast majority of similar projects around the world.

Pose a danger to the public if there are any leaks from pipes carrying the captured carbon. At least 45 people had to be taken to hospital after a leak in the US.

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EU’s carbon removal certification paves way for ‘climate positive buildings’

Carbon Pulse - Wed, 2024-09-25 21:54
The European Union seeks to encourage carbon storage in wood-based construction products to pave the way for “climate positive buildings”, as the regulators are developing a methodology for measuring CO2 embodied in building materials.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-09-25 21:27
European carbon permit prices ticked up Wednesday morning as investment funds' net short positions built for the fourth consecutive week, with some additional volatility also seeping into the market due to the September options expiry deadline.
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