Energy Aspects’ senior carbon analyst joining Redshaw Advisors
Energy Aspects’ London-based senior carbon analyst is joining risk management firm Redshaw Advisors, Carbon Pulse has learned.
Read MoreNorwegian Air loses appeal over €34-mln EU ETS penalty, vows Supreme Court challenge
Norwegian Air Shuttle ASA said this week it will appeal to the country’s Supreme Court after the Borgarting Court of Appeal overturned a lower court ruling that had cleared the airline of a NOK 400 million (€33.8 mln) penalty linked to its failure to comply with the EU ETS during the pandemic.
Read MoreUPDATE – Canada launches C$10 mln tender for durable carbon removal credits
Canada’s federal government has launched a competitive procurement process to purchase at least C$10 million ($7.3 mln) of durable CO2 removal credits from projects located in the country, marking the next step in Ottawa’s efforts to stimulate early demand for the emerging sector.
Read MoreEnergy market intel provider Energy Aspects to acquire satellite data analytics firm Kayrros
Energy market intelligence provider Energy Aspects has agreed to acquire Paris-based satellite data analytics firm Kayrros, in a move aimed at expanding the group’s geospatial monitoring capabilities and accelerating the deployment of earth observation data across energy and financial markets.
Read MoreTribe formally pulls California-registered forest carbon offset project destroyed by wildfire
A US-based forest carbon project, registered under California’s cap-and-trade scheme, has been officially ended by tribal leaders after it was ravaged by wildfire several years ago.
Read MoreSpain could erase nearly 70 MtCO2/yr by mid-century with ambitious CDR policy push -analysis
Spain could erase nearly 70 million tonnes of CO2 per year through removal methods by mid-century under an ambitious deployment scenario, according to new research assessing the country’s capacity to scale the nascent technology as part of its net zero pathway.
Read MoreInternal carbon pricing targets Scope 2 emissions inefficiency but misses Scopes 1 and 3 -Japanese study
Japanese companies’ use of internal carbon pricing has had only a limited impact on their overall carbon efficiency, improving performance mainly in electricity-related emissions rather than direct or supply chain emissions, according to new research analysing major firms’ climate disclosures.
Read MoreSupply chain insetting, digital certificates could underpin new market for chemicals industry decarbonisation -paper
Researchers have proposed a market-based framework to help the chemicals industry decarbonise complex global supply chains, arguing that verified emissions reductions within value chains could become a scalable complement to existing carbon markets.
Read MoreStrategic CDR reserve could unlock oil industry-scale financing in “massive industry of the future”, says startup founder
Countries could seize a “golden opportunity” by establishing a government-backed strategic reserve to guarantee long-term demand for CO2 removal credits and unlock financing for large-scale projects in the “massive industry of the future”.
Read MoreGovernments split on how to make carbon removal bankable, experts say
Governments in Canada, the UK, and the US are pursuing markedly different policy approaches to scaling CO2 removal (CDR), with diverging frameworks for financing projects and long-term revenue certainty emerging as the sector seeks to move from pilot activity to commercial deployment.
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