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ANALYSIS: RGGI’s Third Program Review modelling updates under fire
RGGI states released feedback on proposed programme review changes, with compliance entities questioning modelling inputs, leakage considerations, and consumer impacts of higher ambition, while investors and environment justice groups pushed back against cost containment plans and delayed implementation. Read MoreTop
ANALYSIS: Pushback on LCFS amendments persists ahead of upcoming board vote
California regulator ARB’s second 15-day notice for Low Carbon Fuel Standard (LCFS) amendments remains contentious ahead of the upcoming vote in November, as it falls short of addressing concerns laid out in prior drafts, commenters said, with opposition further fuelled by residents’ fears that the programme would raise retail gas prices. Read MoreTop
Warming will worsen global economic divide by disrupting forest ecosystems, researchers warn
Rising global temperatures are likely to increase inequalities between wealthy and low-income nations by exacerbating disruptions in the carbon and nitrogen cycles of the world’s forests, placing critical ecosystem services and economic assets in jeopardy, a new study has warned. Read MoreTop
FEATURE: The forgotten legal clause that could unlock EU carbon credits under CORSIA and ETS
An overlooked clause in the EU ETS directive could be used as a way to integrate carbon removals in the bloc’s carbon trading system and unlock credits under the UN's CORSIA scheme for offsetting aviation emissions, according to policy experts. Read MoreTop
Canada Growth Fund proposes to fund major CCS project in Alberta oilsands -media
Canada’s C$15 billion ($10.9 bln) public investment fund has made an offer to finance carbon capture and storage (CCS) technology for the fossil fuel industry, media reported Monday. Read MoreTop
Analysts cast doubt on Scottish CCS project's claimed emission cuts
The lifetime emissions of a project to add carbon capture technology to a gas-fired power plant in Scotland could be three to five times higher than reported by the developer, according to estimates by a climate think tank. Read MoreTop
Australian tech company launches carbon credit platform at Melbourne conference
A new platform to add transparency to carbon credit purchases in Australia was launched Tuesday at the Climate Market Institute’s (CMI) Australasian Emissions Reduction Summit in Melbourne. Read MoreTop
Significant market opportunity for biodiversity-centred agricultural carbon projects in LATAM, Caribbean -report
Carbon credit projects that centre biodiversity in the agricultural sector of Latin America and the Caribbean (LAC) can attract broader investment and meet both climate and biodiversity targets, said a report authored by voluntary carbon market (VCM) proponents on Monday. Read MoreTop
Data sufficient to get started on reducing nature impacts, guide states
Companies in the mining, property, and industrial sectors should have enough data at hand to take the first step to address their impacts on nature and biodiversity loss, according to a new guide for these industries published Tuesday. Read MoreTop
MRV research funding should prioritise biomass sinking, enhanced rock weathering -study
An October study attempts to shed light on how research and innovation funding for monitoring, reporting, and verification (MRV) should be prioritised for CO2 removal (CDR) projects. Read MoreTop
Emissions from the wealthiest 1% would exhaust global carbon budget in five months if matched worldwide -report
The global carbon budget would be exhausted in under five months if everyone emitted carbon at the same rate as the world’s wealthiest 1%, according to a report published on Monday. Read MoreTop
NDCs fall "miles short" of emission cuts to meet Paris goals, UNFCCC warns
Existing national contributions to the Paris Agreement are unsurprisingly inadequate, at most leading to a mere 2.6% decline in global greenhouse gas emissions over the 2020s, according to a UN report released on Monday. Read MoreTop
EUA winter price outlook hinges on weather, speculative positions in TTF –analyst
The outlook for EUA prices over the coming winter will largely depend on whether natural gas prices can hold on to their recent gains and whether speculative investors continue to hold significant long positions in TTF derivatives, according to an analyst. Read MoreTop
INTERVIEW: "We can be first movers on CCS" says EU fertiliser industry
The European fertiliser industry has made strides on climate in the last 20 years, cutting emissions by nearly 50% since 2005. To tackle the remaining half, two options are available - but neither are cheap or easy, the sector's EU trade association told Carbon Pulse in an interview. Read MoreTop
