Carbon savings from clean tech “vastly outweigh” mining impact -study

Published 09:00 on December 10, 2024  /  Last updated at 13:17 on December 9, 2024  / /  Americas, Asia Pacific, EMEA, International

The total carbon footprint of mining and refining critical raw materials (CRMs) is set to skyrocket 155% by 2035 if no action is taken to reduce environmental impact – but the carbon savings enabled by CRMs outweigh those emissions by a factor of 80, according to a new study.

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Poland puts energy security on top of EU presidency agenda, sidelining climate

Published 08:49 on December 10, 2024  /  Last updated at 09:10 on December 10, 2024  / /  EMEA

Poland is preparing to take over the EU’s six-month rotating presidency at a time of war, the country’s minister of state assets told an EU audience on Monday, saying “immediate security considerations” should take precedence over climate in these troubled times.

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Japanese climate tech company acquires software firm to improve emissions data accuracy

Published 08:46 on December 10, 2024  /  Last updated at 08:46 on December 10, 2024  / /  Asia Pacific, Japan, Voluntary

A Tokyo-based climate tech company has acquired a software firm to streamline emissions data collection and improve the accuracy of primary data, it announced Tuesday.

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Australia consults on sunsetting unused ACCU methods

Published 05:31 on December 10, 2024  /  Last updated at 05:31 on December 10, 2024  / /  Asia Pacific, Australia

The Australian government is seeking feedback on how carbon credit methodologies that have not been taken up should be retired.

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CP Daily: Monday December 9, 2024

Published 01:36 on December 10, 2024  /  Last updated at 01:36 on December 10, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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California regulators delay decision on profit cap for oil refiners

Published 01:11 on December 10, 2024  /  Last updated at 01:11 on December 10, 2024  / /  Americas, RINs & LCFS, US

A California agency told media outlets it would be delaying a key decision on implementing the governor’s plan to cap oil refiners’ profits.

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Western Canadian business groups file legal challenge against federal greenwashing law

Published 00:54 on December 10, 2024  /  Last updated at 00:54 on December 10, 2024  / /  Americas, Canada

Two Western Canadian business associations filed a lawsuit against the federal government claiming that a recent law designed to tackle greenwashing violated fundamental Canadian rights.

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Industry veteran launches new Houston-based environmental brokerage, consulting firm

Published 00:45 on December 10, 2024  /  Last updated at 00:45 on December 10, 2024  /  Americas, Bavardage, RINs & LCFS, US, Voluntary

A financial markets veteran has started a new Houston-based brokerage and consulting firm specialising in environmental credit solutions.

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Canadian carbon markets at risk of oversupply -report

Published 00:31 on December 10, 2024  /  Last updated at 00:31 on December 10, 2024  / /  Americas, Canada, Carbon Taxes

A think tank suggests that Canadian provinces’ large-emitter trading systems would require reform to prevent a credit oversupply which they say could undermine effectiveness of reducing industrial emissions via such market-based mechanisms, in a report published Monday.

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California scraps e-motorcycle sales target mandate

Published 23:47 on December 9, 2024  /  Last updated at 23:47 on December 9, 2024  / /  Americas, US

California regulator ARB last week shelved its plans to ramp up zero emission motorcycle (ZEM) use in the state by mandating sales targets and imposing stringent rules on internal combustion engine (ICE) counterparts.

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