Oregon EQC unanimously votes to restore state’s GHG reduction scheme
Oregon’s Environmental Quality Commission (EQC) on Thursday unanimously approved the proposed Climate Protection Program (CPP), effectively reinstating the GHG reduction scheme after it was invalidated last year.
Read More‘Real change’ in UK energy policy under new Labour government, says renewables advocacy group
There has been a “real change” in UK energy policy under the new Labour government, the director of a UK renewables advocacy told an industry conference on Monday.
Read MoreEuro Markets: Carbon rides to 12-week high on gas’ coattails, sets up camp above key level
EU carbon prices were pulled to their highest in 12 weeks, above a key level, on Thursday by growing concerns over rising geopolitical tensions in Ukraine and a short unplanned North Sea outage, which encouraged natural gas traders to buy, helping carbon to breach an important psychological level for the second time this week.
Read MoreIndonesia vows to phase out coal-based power plants by 2040
Indonesian President Prabowo Subianto has pledged to phase out all of the country’s coal-fired and fossil fuel-based power plants over the next 15 years.
Read MoreCOP29: Norway to join ADB Article 6 carbon fund, pledges $50 mln
Norway will join a fund from the Asian Development Bank (ADB) that seeks to provide carbon finance to developing countries in Asia Pacific to support Article 6 projects, the country announced at COP29 on Wednesday, pledging $50 million to the effort.
Read MoreCOP29: ‘Empty place-holder’ – Countries under pressure to set climate finance goal, amid worry and dismay
The COP29 global climate summit enters its last day on Friday amid widespread frustration surrounding negotiations over a new global climate finance target, as a headline sum is yet to emerge.
Read MoreCarbon pricing in buildings can be fully mitigated, even for hardship cases -report
Carbon pricing in the buildings sector can be fully offset, even for hardship cases where households face significant financial burdens from climate policy measures, according to research published on Wednesday.
Read MoreCOP29: ICVCM underscores Indigenous Peoples protection behind REDD+ decision
The Integrity Council for the Voluntary Carbon Market’s (ICVCM) recent approval of three REDD+ methodologies paid special attention to the environmental and social safeguards of Indigenous and local communities, an ICVCM senior expert said Thursday.
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