Flaring emissions more than double for top 10 oil majors when including non-operated assets -report

Published 16:20 on November 12, 2024  /  Last updated at 16:20 on November 12, 2024  / /  Americas, EMEA, International, US

Emissions from flaring are more than double for 10 major international oil companies (IOCs) when including both operated and non-operated assets, compared to when assessing operated assets alone, a new report has found.

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N2O emissions set to climb 30% by 2050 without action -report

Published 14:28 on November 12, 2024  /  Last updated at 14:28 on November 12, 2024  / /  Americas, Asia Pacific, EMEA, International

Nitrous oxide (N2O) emissions have surged by 40% since 1980, driven mainly by agricultural practices, and are set to climb another 30% over 2020 levels by 2050 if left unchecked, according to a UN-backed report released on Wednesday at COP29.

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New biochar funding platform to connect startups with investors and carbon credit buyers

Published 08:55 on November 12, 2024  /  Last updated at 08:55 on November 12, 2024  / /  Americas, US, Voluntary

A newly released platform will connect biochar startups with investors, financiers and buyers looking to purchase carbon credits.

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National renewable targets fall far short of global capacity goals -report

Published 20:01 on November 11, 2024  /  Last updated at 14:23 on November 11, 2024  / and /  Americas, Asia Pacific, Climate Talks, EMEA, International

National renewable targets will lead to a doubling of global capacity by 2030, far from the goal of tripling the total that was agreed one year ago at the COP29 climate conference.

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Carbon credit financier goes public with $43-mln boost following merger

Published 09:14 on November 8, 2024  /  Last updated at 09:14 on November 8, 2024  / /  Americas, Canada, Nature-based, Voluntary

A Vancouver-based carbon credits project developer has completed its business combination with a ‘blank cheque’ company, securing an additional $43 million to go public on the US stock exchange.

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Major brands urge EU to stick to deforestation law’s original start date

Published 13:53 on November 7, 2024  /  Last updated at 13:53 on November 7, 2024  / /  EMEA, Nature-based, Voluntary

Over 50 companies have called on the European Parliament not to weaken the EU Deforestation Regulation (EUDR) through amendments, warning that the recently proposed delay could leave the law vulnerable to changes that would undermine its impact on deforestation.

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INTERVIEW: DAC credits can fall to $100/t, if projects offer something more, developer says

Published 10:39 on November 7, 2024  /  Last updated at 10:39 on November 7, 2024  / /  Americas, EMEA, US, Voluntary

The cost of direct air capture credits can drop to $100 per tonne in the near term, by equipping the technology to do more than just remove carbon from the atmosphere, the chief development officer of a decarbonisation solutions provider has told Carbon Pulse.

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New GCF policy to channel ‘hundreds of millions’ into REDD+

Published 13:01 on November 6, 2024  /  Last updated at 13:01 on November 6, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Green Climate Fund’s (GCF) recently adopted policy on REDD+ results-based payments could drive “hundreds of millions” to developing nations, the organisation said this week.

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Amazon’s climate fund backs new peatland standard in Ireland

Published 08:48 on November 6, 2024  /  Last updated at 08:48 on November 6, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually.

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UAE energy firms team up with Microsoft to drive decarbonisation solutions

Published 16:38 on November 5, 2024  /  Last updated at 16:38 on November 5, 2024  / /  Americas, Middle East, US, Voluntary

Two Abu Dhabi-based energy companies have partnered with Microsoft to explore decarbonisation solutions, including the use of AI to advance carbon capture, low-carbon hydrogen, and ammonia projects.

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