INTERVIEW: Former timber operator says carbon revenues rival those of logging in Peru

Published 10:42 on October 30, 2024  /  Last updated at 11:50 on October 30, 2024  / /  Americas, Nature-based, Voluntary

Revenues from the voluntary carbon market are just as good as those from logging in the Peruvian Amazon, according to a company that has transitioned from timber operations to selling carbon credits.

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EU fishing policy limits on vessel weight and power are no hindrance to low-carbon transition -report

Published 14:16 on October 29, 2024  /  Last updated at 15:29 on October 29, 2024  / /  EMEA, Shipping

Limits on vessel weight and power under the EU’s Common Fisheries Policy (CFP) pose no obstacle to transitioning the EU fishing fleet to energy-efficient and low-carbon propulsion technologies, according to a new report by a non-profit.

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INTERVIEW: Oil and gas player taps geothermal to decarbonise UK heating

Published 14:03 on October 29, 2024  /  Last updated at 14:05 on October 29, 2024  / /  EMEA, Voluntary

The geothermal energy deep beneath UK soil offers a huge, untapped opportunity to decarbonise the country’s heating, according to an oil and gas company developing opportunities in the sector.

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BRIEFING: Experts advocate for open carbon removal frameworks, too soon to call winners

Published 16:48 on October 25, 2024  /  Last updated at 16:48 on October 25, 2024  / /  EMEA, EU ETS, Nature-based, UK ETS, US, Voluntary

The overarching frameworks for carbon removals should be as inclusive as possible, even if governments choose to prioritise methods suited to their national circumstances, while different funding streams are needed to match different technology readiness levels (TRL), said experts on a webinar Thursday.

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Ocean-based carbon removals provider signs agreement with tech giant

Published 15:31 on October 24, 2024  /  Last updated at 15:31 on October 24, 2024  / /  Nature-based, US, Voluntary

A provider of ocean-based carbon removals has signed an agreement with a tech giant to provide carbon removals over the next 10 years.

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Netherlands unlikely to hit 55% emissions reduction target by 2030, extra policy needed fast

Published 14:52 on October 24, 2024  /  Last updated at 14:52 on October 24, 2024  / /  EMEA

The Netherlands is “extremely unlikely” to reach the legal climate goal of a 55% reduction in greenhouse gas emissions by 2030 under current or scheduled policy, and will need additional policy fast to bring the climate goal for 2030 back in sight, according to the country’s environmental assessment agency.

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COP16: Mining a key driver of tree cover loss in tropical primary rainforests, Indigenous land -report

Published 14:40 on October 23, 2024  /  Last updated at 18:17 on October 23, 2024  / /  Africa, Americas, Asia Pacific, Biodiversity, International, South & Central

Mining has increased by 52% since the turn of the century due to surging demand for metals and minerals, exerting an outsized impact on tree cover loss in tropical primary rainforests and in Indigenous and local community territories, according to a new report by a non-profit.

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EU invests almost €5 bln of ETS revenues into net-zero projects

Published 12:13 on October 23, 2024  /  Last updated at 12:13 on October 23, 2024  / /  EMEA, EU ETS

The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, which is supplied by revenues from the EU ETS.

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AI tool launched to help English farmers access carbon credits

Published 07:00 on October 23, 2024  /  Last updated at 16:50 on October 21, 2024  / /  EMEA, Nature-based, Voluntary

Farmers in England can more easily access tree-related grants and carbon credits through the use of an AI-powered tool, launched Wednesday.

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Launch of lightweight probe for CO2 measurement of flue gas, DAC

Published 12:00 on October 22, 2024  /  Last updated at 12:39 on October 21, 2024  / /  EMEA, Voluntary

A Finnish company has launched a hand-sized instrument for accurate in-situ measurement of the CO2 in flue gas and direct air capture (DAC), which it says will avoid greenwashing from carbon capture and help with process optimisation.

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