INTERVIEW: UK should take a ‘maximalist approach’ to renewables investment to achieve targets

Published 16:07 on August 28, 2024  /  Last updated at 16:07 on August 28, 2024  / /  EMEA, UK ETS

The UK should redesign its contracts for difference (CfD) scheme to take a ‘maximalist approach’ to renewable energy investment if it is to speed up the rollout of clean energy fast enough to meet its targets, according to a trade body.

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SBTi unveils framework for buildings sector to align with net zero

Published 00:01 on August 28, 2024  /  Last updated at 17:56 on August 27, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

The Science Based Targets initiative (SBTi) on Wednesday launched sector-specific guidance for companies and financial institutions in the buildings value chain to set emissions reduction targets in line with a 1.5C future.

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Plastic credits can support rollout of extended producer responsibility schemes, says Verra

Published 12:44 on August 23, 2024  /  Last updated at 12:44 on August 23, 2024  / /  Biodiversity, International, Voluntary

Plastic credits can support the implementation of extended producer responsibility (EPR) schemes in emerging markets and developing economies (EMDEs), according to a new report by carbon standard Verra.

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INTERVIEW: Developers unclear on how to source biodiversity net gain units

Published 10:41 on August 23, 2024  /  Last updated at 10:41 on August 23, 2024  / /  Biodiversity, Voluntary

The rules for buying offsite units to comply with England’s biodiversity net gain (BNG) requirements aren’t clear enough for developers currently, with some local authorities better equipped to advise on the market than others, according to a sustainability consultancy working with large building clients.

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INTERVIEW: Voluntary carbon credits used to fund US food waste diversion project

Published 14:00 on August 22, 2024  /  Last updated at 09:03 on August 22, 2024  / /  Americas, US, Voluntary

A project to divert food waste from landfill and incineration has launched in the US, where the sale of voluntary carbon credits will incentivise grocers to redirect edible waste food to donation centres, according to the developer.

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Voluntary carbon data firm raises Series A funding round

Published 13:00 on August 21, 2024  /  Last updated at 09:51 on August 21, 2024  / /  International, Nature-based, Voluntary

A nature mapping provider active in the voluntary carbon market has closed a Series A round, with the funding to be used to expand its library of data and insights on global forest cover.

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Carbon tax constraints reduce likelihood of limiting global warming to below 1.6C -study

Published 12:41 on August 21, 2024  /  Last updated at 12:41 on August 21, 2024  / /  Carbon Taxes, International

Feasibility constraints that prevent some governments from implementing climate policies, such as a carbon tax, significantly reduce the likelihood of limiting global warming to below 1.6C, according to a study that found keeping to 1.5C no longer possible.

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Direct air capture project launches in France touting better energy efficiency

Published 12:00 on August 19, 2024  /  Last updated at 12:17 on August 19, 2024  / /  EMEA, Voluntary

A direct air capture and storage (DACS) project has launched in France, boasting high energy efficiency and representing the first onshore CO2 removal project of its kind in the EU, the developers claim.

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INTERVIEW: Shanghai Electric launches electrolyser that improves green hydrogen economics

Published 11:49 on August 19, 2024  /  Last updated at 11:49 on August 19, 2024  / /  Asia Pacific, China, EMEA, Voluntary

Shanghai Electric’s latest alkaline electrolyser will help to improve the economics of green hydrogen by being more energy efficient, boasting a higher production rate, an executive told Carbon Pulse.

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Maersk joins industry study to assess potential for nuclear-powered container shipping in Europe

Published 10:50 on August 16, 2024  /  Last updated at 10:50 on August 16, 2024  / /  EMEA, International, Shipping

Danish shipping company Maersk will work together with two parter companies to assess the potential for nuclear-powered container ships in Europe, they announced this week.

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