BeZero evaluates first DAC carbon project, assigns highest-ever rating 

Published 13:25 on August 14, 2024  /  Last updated at 11:49 on August 19, 2024  / /  EMEA, International, Voluntary

Carbon ratings agency BeZero Carbon issued its highest-ever rating for the first publicly evaluated direct air capture with carbon storage (DACCS) project on Wednesday.

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UK regulator approves low-carbon electricity ‘superhighway’ between Scotland and England

Published 16:28 on August 13, 2024  /  Last updated at 16:28 on August 13, 2024  / /  EMEA, UK ETS, Voluntary

Britain’s energy regulator on Tuesday gave the green light to a £4.3 billion low-carbon electricity “superhighway” stretching over 500 kilometres, set to run from northeastern Scotland to northern England.

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Global Carbon Council seeks views on new AFOLU voluntary carbon methodologies

Published 14:57 on August 13, 2024  /  Last updated at 14:57 on August 13, 2024  / /  EMEA, Middle East, Nature-based, Voluntary

The Global Carbon Council (GCC) has announced the public consultation for two new voluntary carbon methodologies under its agriculture, forestry, and other land use (AFOLU) crediting programme.

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Verra makes corrections to three plastic programme documents

Published 13:52 on August 13, 2024  /  Last updated at 13:52 on August 13, 2024  / /  Americas, Biodiversity, International, Voluntary

US carbon credits certifier Verra has on Monday published corrections and clarifications to several documents in its Plastic Waste Reduction programme.

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CO2 peak unlikely this year as fossil fuel use keeps rising, research warns

Published 09:01 on August 13, 2024  /  Last updated at 09:01 on August 13, 2024  / /  Climate Talks, EMEA, International, Voluntary

The use of fossil fuels continues to rise, potentially driving a 0.6% increase in global CO2 emissions in 2024, a new report warns, belying expectations of a peak.

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Aviation needs more CORSIA carbon credit supply to decarbonise -IATA

Published 15:56 on August 12, 2024  /  Last updated at 15:56 on August 12, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

International air carriers’ association IATA has urged that greater supply of CORSIA carbon credits be made available to the market to enable the aviation industry to effectively decarbonise, warning of a looming shortage.

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BECCS holds high potential for emission cuts, profit gains -report

Published 14:50 on August 12, 2024  /  Last updated at 14:50 on August 12, 2024  / /  Americas, EMEA, US, Voluntary

While bioenergy with carbon capture and storage (BECCS) is still a nascent technology, companies with biogenic emissions that fail to integrate the solution into their sustainability strategies may be missing out on significant opportunities for both emissions reductions and financial gains, according to a report on Monday.

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Carbon removals company seeks permit for potential US DAC site

Published 15:04 on August 9, 2024  /  Last updated at 15:52 on August 9, 2024  / /  Americas, US, Voluntary

A US-based carbon removals company has filed a permit application to develop what it claims could become the world’s largest direct air capture (DAC) facility.

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Carbon capture company announces Series A funding to advance proprietary technology

Published 14:05 on August 9, 2024  /  Last updated at 14:05 on August 9, 2024  / /  Americas, US, Voluntary

A carbon capture technology provider has announced the initial closing of its Series A funding, raising an undisclosed amount.

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Brazilian startup rebrands, announces move away from Africa and consultancy

Published 13:56 on August 9, 2024  /  Last updated at 13:56 on August 9, 2024  / /  Americas, Nature-based, South & Central, Voluntary

A carbon project developer is rebranding and shifting its focus to climate finance in Latin America, and away from Africa and project development consulting services.

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