UK forest carbon fund receives govt grant to prevent peatland CO2 release
A British forest carbon fund has received a grant of over £87,000 from the Scottish government’s Peatland ACTION fund, aiming to prevent peatland from drying out and generating CO2 emissions, with the project set to generate credits under the country’s Peatland Carbon Code.
Read MoreUK energy-from-waste plants face high ETS costs, unless pressure is applied to waste producers -trade group
Charges under the UK Emissions Trading Scheme allocated to the energy from waste (EfW) sector should fully reflect the composition of the waste stream in question, in order to drive the intended carbon reduction in EfW feedstock and increase recycling rates, according to an industry body.
Read MoreAsset manager launches new €200 mln fund for sustainable forestry and carbon in Europe
A natural assets manager has launched a new €200 million fund to invest in sustainable forestry and carbon in Europe, expecting to realise most returns from timber while also seeking to monetise carbon and biodiversity benefits.
Read MoreINTERVIEW: Voluntary market demand enough to cover carbon removals from UK waste wood power plants, says developer
A developer’s plan to generate carbon removals from its waste wood power plants in the UK will be easily met by private sector demand and won’t rely on removals being included in the country’s emissions trading scheme.
Read MoreCookstove credits could represent major supply source for CORSIA -industry
Cookstove credits could represent a major source of supply under ICAO’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), particularly under the first phase, offering airlines a cost-effective entry point to offset their emissions, according to an industry alliance.
Read MoreAlmost three-quarters of UK-based companies aim to offset residual emissions -study
Some 73% of organisations are planning to offset their hard-to-abate emissions using carbon credits, according to a survey of 300 UK-based senior executives across multiple sectors, which also found over 90% of respondents are confident their organisation will meet net zero.
Read MoreINTERVIEW: Oil-rich tree resolves food vs fuel debate, produces carbon credits, says startup
A startup backed by a US oil major and global industrial claims that the pongamia tree native to the subtropics can provide feedstock both for sustainable aviation fuel and protein — thereby resolving the food versus fuel land debate, while also generating carbon credits.
Read MoreExecutives more emboldened on ESG than junior employees, finds report
Executives are more driven by ESG issues than junior employees in the workplace, even if they come up against commercial trade-offs, finds a new report.
Read MoreShipping should become more proactive on EU ETS, hedge to get ahead of price rise -trader
The shipping industry should become more proactive in its management of EU ETS compliance, as the sector faces an increasing compliance obligation with prices forecast to rise, and start hedging EU Allowances, according to a carbon and environmental products trader.
Read MoreLNG a bargaining chip to avoid trade tariffs -analysts
Liquefied natural gas (LNG) imports are increasingly being seen as a “potential negotiating or bargaining chip” to avoid trade tariffs with the US, with significant upside for the sector, said an industry expert.
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