CWNY24: BRIEFING – COP29 to encourage private sector role crucial to decarbonisation
The private sector is poised to take an increasingly important role in achieving global decarbonisation tasks, according to speakers at the New York edition of the World Climate Summit 2024 on Wednesday, in line with Climate Week NYC programming.
Read MoreUS House introduces bill to lift EPA’s summertime ban of E15 fuel sales
A bipartisan group of representatives in the US House of Representatives introduced legislation Friday that would enable the year-round sale of E15 fuels at retail gas stations across the nation.
Read MoreCWNYC24: Canadian carbon markets brace for shifting political, investment landscape
Impending federal elections and investment enthusiasm for carbon capture, utilisation, and storage (CCUS) are weighing on Canadian emissions trading systems, experts discussed during Climate Week NYC on Thursday.
Read MoreGlobal consultancy questions rationale of California’s proposed LCFS 15-day rules in restricting low carbon fuel market access
California ARB’s proposed 15-day notice for its Low Carbon Fuel Standard (LCFS) draft rules issued last month disproportionately restricts or constrains market access, a webinar heard Thursday, with expectations for credit prices based on potential adjustments to the regulator’s highly anticipated second 15-day notice package.
Read MoreCWNYC24: Brazilian J-REDD deal ignored governor’s tainted record, say Indigenous leaders
A buyers’ club for jurisdictional REDD (J-REDD) credits announced a R$1 billion ($180 million) offtake agreement with a Brazilian state at Climate Week NYC despite its government’s ongoing bias toward mining and agribusiness, Indigenous leaders have said.
Read MoreEU applies ‘resilience criteria’ to bolster domestic cleantech
The European Commission will apply a 25% cap on sourcing electrolyser stacks from China in the next auction of its Hydrogen Bank, but local content requirements remain controversial, participants heard at the EU’s cleantech summit this week.
Read MoreCWNYC24: ICR reveals details on biodiversity credit programme ahead of consultation launch
Iceland-based International Carbon Registry (ICR) is about to launch consultations for its biodiversity credit framework, planning to onboard 10 pilot projects within a couple of months, the initiative’s chief scientist told Carbon Pulse.
Read MoreNorway releases nature action plan, sets targets far short of GBF
Norway on Friday released its nature action plan ahead of next month’s COP16, but drew ire from environmentalists as it stopped far short of making national commitments aligned with the Global Biodiversity Framework (GBF).
Read MoreINTERVIEW: Cement giant says EU regulation too stringent to scale up e-fuel for maritime, aviation
A global maker of construction materials would like the EU to scrap a regulation that will only allow sustainably sourced CO2 in the production of e-fuels after 2041, saying it will constrain the ability to decarbonise maritime and aviation.
Read MoreNGOs offer ‘playbook’ to help govts set price for ITMOs
Governments face a complex task in setting the price of ITMOs while still staying on track to meet their own climate goals, according to two NGOs, which have teamed up to release a “Ministry Playbook” guide to selling the international carbon credits.
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