Brazilian development bank calls for forest restoration proposals in Amazon, Atlantic Forest

Published 00:04 on December 7, 2024  /  Last updated at 00:04 on December 7, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Brazil’s National Bank for Economic and Social Development (BNDES) this week solicited proposals under initiatives collectively worth R$109 million ($18 mln) that would support forest restoration in the Amazon and Atlantic Forest.

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SAF production from microbial oil offers higher land-use efficiency, limited by high production costs -study

Published 00:04 on December 7, 2024  /  Last updated at 00:04 on December 7, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, South & Central

Oil derived from sugarcane is a promising alternative feedstock in the production of sustainable aviation fuel (SAF) given its land-use efficiency, but the process faces high production costs, researchers published in a recent study.

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INTERVIEW: Research group says “CDR optimisation” needs clear distinction between removed, avoided CO2

Published 23:40 on December 6, 2024  /  Last updated at 23:40 on December 6, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, US, Voluntary

So-called “CDR optimisation” projects that build on pre-existing practices need to improve accounting techniques to distinguish between removed and avoided emissions in order to ensure integrity in the crediting process, representatives from a California-based research group told Carbon Pulse.

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Saskatchewan inks federal carbon tax exemption into law

Published 19:01 on December 6, 2024  /  Last updated at 19:03 on December 6, 2024  / /  Americas, Canada, Carbon Taxes

The Saskatchewan legislature unanimously passed legislation that will keep federal carbon pricing off of provincial home heating bills on Thursday following a year of political tussling with Ottawa over payment of the levy on fuel.

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Switzerland’s Alpiq hires veteran European emissions trader

Published 17:21 on December 6, 2024  /  Last updated at 17:21 on December 6, 2024  /  Bavardage, EMEA, EU ETS, Switzerland

Switzerland’s Alpiq has hired a veteran trader for its European emissions desk.

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BRIEFING: Confidence in VCM increases, but challenges remain in attracting buyers

Published 16:34 on December 6, 2024  /  Last updated at 16:34 on December 6, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Participants in the voluntary carbon market (VCM) are increasingly confident that integrity issues plaguing the sector are being solved, but challenges remain around attracting buyers, speakers said at an industry conference this week.

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EU-Mercosur deal pushed forward as “necessity” despite environment concerns

Published 16:19 on December 6, 2024  /  Last updated at 16:19 on December 6, 2024  / and /  Americas, EMEA, South & Central

The European Union and the Mercosur group of South American countries concluded a long-awaited trade deal on Friday, calling it a “political necessity” and “historic milestone” despite environmental concerns and opposition from seven EU countries, including France.

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RGGI Q4 auction clears more than $2 below secondary market, mild spec involvement

Published 15:27 on December 6, 2024  /  Last updated at 20:33 on December 6, 2024  / and /  Americas, US

The last RGGI cap-and-trade auction of 2024 cleared at a $2.35 discount to RGGI Allowances (RGAs) in the secondary market the day before the sale, and at the low end of market expectations for a discounted settlement, with limited participation from financial entities, according to results published Friday.

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Bullish momentum building in voluntary carbon market for 2025 -analysts

Published 15:25 on December 6, 2024  /  Last updated at 15:25 on December 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Paris Article 6, Voluntary

Next year could be a turning point for the beleaguered voluntary carbon market because the underlying fundamentals have stayed robust, particularly the rising number of companies setting SBTi climate targets, despite a tough year, according to analysts in a new report.

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Wind-assisted vessels, LNG can lower green fuel costs for shipowners, insurer says

Published 14:15 on December 6, 2024  /  Last updated at 14:15 on December 6, 2024  / /  EMEA, International, Shipping

Shipowners can cut compliance costs under the EU’s new green shipping fuel regulation by using LNG-powered ships or wind-assisted propulsion, according to a new report by a global shipping insurer.

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