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EU’s new transport commissioner says he will not backtrack on 2035 internal combustion engine ban

Carbon Pulse - Tue, 2024-11-05 20:36
The EU's 2035 ban on internal combustion engine cars should be upheld, the commissioner-designate for sustainable tourism and transport said during his European Parliament hearing on Monday evening.
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AU Market: ACCUs breach A$40, continue upward as host of factors puts fire under the market

Carbon Pulse - Tue, 2024-11-05 20:18
Spot Australian Carbon Credit Units (ACCUs) on Tuesday burst through the A$40 ($26.40) mark, trading as high as A$40.75 - a 4.5% increase on the previous day's closing price - amid bullish sentiment.
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A rebuke to those who said clean power by 2030 was unachievable: they were wrong, we were right | Ed Miliband

The Guardian - Tue, 2024-11-05 19:30

Expert analysis backs our policy and its benefits for the country. Defeatist critics should take note

  • Ed Milband is secretary of state for energy security and net zero

Labour fought and won the last election on the argument that every family and business in the country was paying the price of the previous government’s failure to deliver clean homegrown energy for Britain.

Families and businesses know from the cost of living crisis that our dependence on fossil fuel markets controlled by dictators such as Putin left the UK vulnerable and exposed to energy price spikes, as well as the escalating costs of climate breakdown. We also know that the drive to clean energy represents the greatest economic opportunity of the 21st century. That is why the prime minister has put delivering clean power by 2030 at the heart of one of his five missions for government.

Ed Milband is secretary of state for energy security and net zero

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Swedish carbon accounting software firm eyes expansion through startup acquisition

Carbon Pulse - Tue, 2024-11-05 19:00
A Stockholm-based carbon accounting platform has acquired a fellow Nordic carbon accounting firm for an undisclosed amount, the company announced on Tuesday.
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BRIEFING: Policymakers look at digital MRV to build trust in CO2 removals

Carbon Pulse - Tue, 2024-11-05 19:00
The development of trustworthy monitoring, reporting, and verification (MRV) tools is essential to grow the market for carbon removals, with digitalisation seen as key to speed up processes and ensure high integrity of carbon credits, policymakers say.
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Japanese bank buys minority stake in climate-focused investment firm

Carbon Pulse - Tue, 2024-11-05 17:44
One of the largest banks in Japan will invest $20 million to take a minority equity stake in a London-based climate investment and advisory firm, the companies announced Monday.
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Plans for biggest onshore windfarm in England to be submitted this week

The Guardian - Tue, 2024-11-05 16:00

Cubico project at Scout Moor near Greater Manchester could power the equivalent of 100,000 homes

Plans to build what would be the biggest onshore windfarm in England will move forward this week, the first since the Labour government lifted the de facto ban put in place by the Conservatives nine years ago.

An independent renewable energy developer has submitted plans to erect 21 wind turbines next to an existing windfarm near Greater Manchester.

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RGGI Market: Trader interest wears thin even as RGAs test $21

Carbon Pulse - Tue, 2024-11-05 12:17
RGGI Allowances (RGA) tested $21 levels over the last week in thin activity as traders await outcome of elections for new legislatures to make progress on proposed programme changes.
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Canada slightly blunts emissions cap on oil and gas sector

Carbon Pulse - Tue, 2024-11-05 11:53
Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.
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Brazilian REDD+ frameworks must address planned deforestation risk – developers’ group

Carbon Pulse - Tue, 2024-11-05 11:23
A group of Brazil-based nature-based solutions carbon credit project developers said in a technical note last week that the development of jurisdictional REDD+ approaches (J-REDD+) in the country must better address the risk of planned deforestation.
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'Nuclear will drive up the cost of electricity': Matt Kean clashes with former colleagues – video

The Guardian - Tue, 2024-11-05 10:56

Former NSW Liberal energy minister Matt Kean debated his former Coalition colleagues about the cost of nuclear power in a parliamentary estimates hearing on Monday. Now chair of the Climate Change Authority, Kean debated Nationals senator Ross Cadell over CSIRO analysis which found nuclear was the most expensive form of large-scale energy available

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Alberta releases draft update of CCS offset protocol for public comment

Carbon Pulse - Tue, 2024-11-05 10:33
Alberta’s environmental ministry has released a draft of its proposed changes to a protocol for offset generation from CO2 capture and sequestration projects for a 30-day public comment period.
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Europe’s big banks have ‘incoherent’ climate plans -report

Carbon Pulse - Tue, 2024-11-05 10:02
Europe's largest banks have climate plans that are low in ambition and "incoherent", a report published by a British NGO on Tuesday has found.
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