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Japanese carbon developers tap into Indonesia despite concerns over data availability and policy uncertainty

Carbon Pulse - Thu, 2023-11-09 23:51
A number of Japanese project developers are looking to expand their presence in Indonesia's growing offset market, though limited data availability and policy uncertainties remain top challenges for newcomers, a conference heard Thursday.
Categories: Around The Web

Biodiversity credit blockchain partnership secures Costa Rican project

Carbon Pulse - Thu, 2023-11-09 23:11
A blockchain-based biodiversity credit partnership between three companies has secured a small project area in Costa Rica, they announced Thursday.
Categories: Around The Web

Japanese energy security body pushes again for ASEAN carbon credit regime for CCS

Carbon Pulse - Thu, 2023-11-09 23:03
Carbon credits for carbon capture and storage across the Southeast Asian region will underpin the economic development of what a Japanese government body sees as a key decarbonisation tool.
Categories: Around The Web

UN seabed authority reaches no conclusion on deep-sea mining rules despite mounting support for ban

Carbon Pulse - Thu, 2023-11-09 22:54
The UN body responsible for the world’s seabed continued to hold discussions on a mining code for the extraction of precious minerals from the deep sea up to the last day of its Council meeting on Wednesday but failed to finalise them, as a Canadian miner announced on the same day that it would continue tests in the Pacific Ocean.
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Euro Markets: Midday Update

Carbon Pulse - Thu, 2023-11-09 22:38
European allowance prices were little changed at the end of Thursday morning as the market continued to look for direction despite the growth in speculative traders' net short positions revealed on Wednesday, with energy prices rising on a combination of colder weather and lower renewable generation.
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UN hunger expert: US must recognize ‘right to food’ to fix broken system

The Guardian - Thu, 2023-11-09 22:35

Some states have implemented free school meals, and Maine has a constitutional amendment to guarantee the ‘unalienable right to food’

The US must acknowledge the right to food in order to transform its broken food system in the post-pandemic era and make it more resilient in the face of the climate crisis and biodiversity loss, according to a United Nations hunger expert.

“Whether we’re talking about right to food, food justice or food sovereignty, there has been growing momentum over the last 10 years to understand that food is not just something we just leave to be determined by what is available or by corporations or the status quo,” said Michael Fakhri, the UN special rapporteur on the right to food.

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Indian govt releases draft rules for planned intensity-based emissions market

Carbon Pulse - Thu, 2023-11-09 22:34
The Indian government on Wednesday released draft rules for its planned compliance carbon market, eyeing an intensity-based scheme rather than one with an absolute cap on greenhouse gas emissions.
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Chinese companies announce country’s first deforestation-free soybean import deal

Carbon Pulse - Thu, 2023-11-09 21:50
China’s Cofco and Mengniu Group have announced the first Chinese deal to import deforestation-free soybeans from Brazil, with the agreement facilitated by the World Economic Forum’s Tropical Forest Alliance.
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Nature startup publishes peer-reviewed metric on forest biodiversity

Carbon Pulse - Thu, 2023-11-09 21:04
An Estonia-based nature startup has published a forest-focused biodiversity metric that it says will help companies assess their impact on biodiversity and finance nature protection.
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Australia to commit funding to Pacific Resilience Facility, as observers urge it to do more on climate change  

Carbon Pulse - Thu, 2023-11-09 16:46
Australian Prime Minister Anthony Albanese has confirmed his country will commit cash to a Pacific Island-focussed funding facility for climate change adaptation and mitigation work, as observers urged rich nations in the region to uphold and increase their climate commitments. 
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Energy efficiency scheme for cold homes going at a glacial pace, says Labour

The Guardian - Thu, 2023-11-09 16:00

Government’s Energy Company Obligation has managed to upgrade only 65,000 homes since April 2022, figures show

Labour has attacked the Conservatives over the speed of government efforts to upgrade Britain’s draughty housing stock, as analysis showed a leading household energy efficiency initiative was proceeding at what the party called a “glacial pace”.

Just 65,000 homes have been upgraded under the government’s Energy Company Obligation (Eco) scheme since it was relaunched in April last year, according to analysis of statistics released by the Department for Energy Security and Net Zero (DESNZ).

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Australia to learn from US EPA under environmental MoU

Carbon Pulse - Thu, 2023-11-09 15:24
Australia has signed a Memorandum of Understanding (MoU) with the US to use its Environment Protection Agency to inform the establishment of Australia’s own federal environment watch dog.
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Gas peaking plant edges ahead with target of 35% renewable hydrogen mix by 2026

RenewEconomy - Thu, 2023-11-09 14:09

CS Energy locks in key equipment supply deal for "hydrogen ready" gas peaking plant at Kogan Creek, which it plans to transition to 100% renewables.

The post Gas peaking plant edges ahead with target of 35% renewable hydrogen mix by 2026 appeared first on RenewEconomy.

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“Disingenuous actors:” Joyce, LNP called out for spread of wind and solar myths

RenewEconomy - Thu, 2023-11-09 14:04

Nationals leader, and deputy prime minister, Barnaby Joyce in parliament. (AAP Image/Lukas Coch)Andrew Forrest's Squadron Energy and environment NGOs call out federal Coalition bad actors for disinformation and scare tactics on wind and solar projects.

The post “Disingenuous actors:” Joyce, LNP called out for spread of wind and solar myths appeared first on RenewEconomy.

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Coalition’s nuclear SMR poster boy cancels flagship project due to soaring costs

RenewEconomy - Thu, 2023-11-09 13:59

NuScale, the US company pushing nuclear SMRs and championed by the Australian Coalition, has its flagship project cancelled by customers due to soaring costs.

The post Coalition’s nuclear SMR poster boy cancels flagship project due to soaring costs appeared first on RenewEconomy.

Categories: Around The Web

CORSIA to face Southeast Asian supply shortage due to low number of projects, airline says

Carbon Pulse - Thu, 2023-11-09 13:43
There are not enough carbon projects that meet the airline industry's offset requirements to meet the aviation sector's demand, a Southeast Asian airline company has said.
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CP Daily: Wednesday November 8, 2023

Carbon Pulse - Thu, 2023-11-09 12:58
A daily summary of our news plus bite-sized updates from around the world.
Categories: Around The Web

Fostering nascent CO2 removal industry could bring big economic benefits for Canada -report

Carbon Pulse - Thu, 2023-11-09 12:49
Scaling up its nascent CO2 removal industry could be pivotal to Canada meeting its long-term climate targets and is predicted to bring with it substantial economic benefits including some 330,000 new jobs and a $143-billion boost in GDP by 2050.
Categories: Around The Web

MRV technology gap may create confusion about data mismatch, expert says

Carbon Pulse - Thu, 2023-11-09 12:47
The technology gap between the private sector and regulators could create a data mismatch, despite advancements in digital measurement, reporting, and verification (dMRV), a conference heard Wednesday.
Categories: Around The Web

Inpex plans CCS carbon credits for Indonesia LNG project

Carbon Pulse - Thu, 2023-11-09 12:16
Japanese oil and gas firm Inpex plans to generate and sell carbon credits from its Abadi LNG carbon capture and storage project in Indonesia, a conference heard Wednesday.
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