New UK public company created to boost Britain’s quest for energy independence, net zero

Published 16:13 on July 25, 2024  /  Last updated at 16:13 on July 25, 2024  / /  EMEA, UK ETS

UK Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced today a new Great British Energy partnership that aims to leverage up to £60 billion of private investment into the UK’s quest for independence in clean energy technologies that will drive the country’s net zero transition. 

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Xpansiv’s ICVCM CCP contracts trade 37,606 tonnes on debut

Published 08:51 on July 25, 2024  /  Last updated at 08:51 on July 25, 2024  / /  Americas, Asia Pacific, Australia, EMEA, US, Voluntary

Xpansiv launched trading of standardised Global Emissions Offset (GEO) contracts on its CBL spot exchange on Monday with 37,606 tonnes trading via the contracts, which are aligned with the Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP). 

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Global fertiliser company signs up for green offtake from Paraguay

Published 16:35 on July 24, 2024  /  Last updated at 16:35 on July 24, 2024  / /  Americas, South & Central, Voluntary

A global crop nutrition company and a green fertiliser firm have signed an agreement for the offtake of a calcium ammonium nitrate (CAN) fertiliser project in Villeta, Paraguay. 

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Clear Sky announces two SAF deals on Wednesday 

Published 16:00 on July 24, 2024  /  Last updated at 16:00 on July 24, 2024  / /  Americas, Aviation/CORSIA, EMEA, International, US, Voluntary

Clear Sky, an investment company specialising in aviation sustainability, announced two sustainable aviation fuel (SAF) partnerships on Wednesday. 

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CAR releases draft Argentina biogas livestock protocol for public comment

Published 13:04 on July 24, 2024  /  Last updated at 13:04 on July 24, 2024  / /  Americas, Nature-based, South & Central, Voluntary

The Climate Action Reserve (CAR) standard has released a draft version of the Argentina Livestock Protocol, aiming for greater coherence in the accounting and reporting of greenhouse gas (GHG) emission reductions in Argentina’s livestock sector. 

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Brazilian organisations propose new mechanism to protect tropical forests

Published 08:27 on July 24, 2024  /  Last updated at 11:23 on July 25, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, Voluntary

Three Brazilian organisations have unveiled a concept note on a Tropical Forests Mechanism (TFM) designed to help fund efforts to protect and grow tropical forests globally.

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Aircraft maker and partners invest $200 mln in sustainable aviation fuel

Published 15:51 on July 23, 2024  /  Last updated at 16:16 on July 23, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Japan, Voluntary

An international aircraft manufacturer and several partner companies have invested in the production of sustainable aviation fuel (SAF), with a combined commitment of approximately $200 million, the manufacturer announced on Tuesday.

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Summit Carbon Solutions selects Toronto-based company for digital MRV

Published 13:55 on July 23, 2024  /  Last updated at 02:13 on July 24, 2024  / /  Americas, Canada, US, Voluntary

Iowa-based Summit Carbon Solutions (SCS), involved with building a contested CO2 pipeline from US Midwest ethanol plants that faces regulatory hurdles, has chosen a Canadian technology company as its carbon system of record. 

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British retail giant invests £1.5 bln in sustainable beef production

Published 09:29 on July 23, 2024  /  Last updated at 09:29 on July 23, 2024  / /  EMEA, Voluntary

A UK retailer has announced a £1.5 billion investment in its beef supply chain over the next five years to reduce the carbon footprint of its products.

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Climate tech startup secures $10 mln to expand water-based CDR technology

Published 16:25 on July 22, 2024  /  Last updated at 16:25 on July 22, 2024  / /  EMEA, Middle East, Voluntary

An Israeli climate tech startup has completed a seed funding round to scale and deploy its water-based CO2 removal (CDR) technology. This latest round brings the total funding raised by the company to $10 million. 

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