UK acknowledges flagship carbon capture programme faces challenges staying on track

Published 17:41 on September 3, 2024 / Last updated at 17:41 on September 3, 2024 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe)

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The director of carbon capture and storage (CCS) in the UK government acknowledged at a conference on Tuesday that the country faces challenges meeting its capacity targets.

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Longship carbon capture project near-complete, on track for 2025 start, confirms Norwegian oil minister

Published 17:07 on September 3, 2024 / Last updated at 17:07 on September 3, 2024 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe), International

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Norway’s pioneering Longship carbon capture and storage (CCS) project is now 80% complete and on-track to begin operations next year, according to the country’s oil minister.

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Global soy standard unveils update to align with new EU deforestation law

Published 17:53 on September 2, 2024 / Last updated at 17:53 on September 2, 2024 / / EMEA (Europe), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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A global certifier of sustainable soy and corn production is consulting on an update to its standard that will allow companies to demonstrate that they align with the European Deforestation Regulation (EUDR).

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INTERVIEW: Turkish businesses unprepared for CBAM, says carbon startup founder

Published 13:57 on September 2, 2024 / Last updated at 13:57 on September 2, 2024 / / CO2 Management (Engineered Removals), EMEA (Compliance Markets & Taxes, Europe), Insights (Interviews), International (CBAM & Tariffs), Voluntary (VCM Developments)

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Turkish businesses are “not ready” to comply with the EU’s Carbon Border Adjustment Mechanism (CBAM), according to a carbon startup founder who warned some companies could go bankrupt if they don’t plan ahead.

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VCMI opens consultation on its Scope 3 Emissions Guidance amid plea for the SBTi to follow suit

Published 18:45 on August 29, 2024 / Last updated at 18:45 on August 29, 2024 / / International, Voluntary (VCM Governance)

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The Voluntary Carbon Markets Integrity Initiative (VCMI) officially launched a public consultation on its Beta Scope 3 Emissions Guidance on Thursday, with the VCMI executive director expressing hope that SBTi would align with its carbon crediting guidance.

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DATA DIVE: Brazil by far the most affected by Verra’s new consolidated REDD+ carbon methodology

Published 13:46 on August 29, 2024 / Last updated at 13:46 on August 29, 2024 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Insights (Data Dives), International (Paris Article 6/PACM, UN Climate Talks), Nature-based Carbon (Forestry), Voluntary (VCM Governance)

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Brazil’s carbon sector is set to be most affected by the changes to the REDD+ project assessment methodologies by credit certifier Verra, according to new data analysis carried out by Carbon Pulse.

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Carbon ratings agency announces new engagement push across emerging markets

Published 12:27 on August 29, 2024 / Last updated at 12:27 on August 29, 2024 / / Americas (LATAM & Caribbean), EMEA (Europe), Nature-based Carbon (Other NbS), Voluntary (VCM Governance)

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A carbon ratings agency is to make its headline ratings available on a Latin America-based registry platform, aiming to increase engagement in emerging markets.

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Seven carbon removal firms complete accelerator programme led by Berlin-based marketplace

Published 13:44 on August 27, 2024 / Last updated at 13:44 on August 27, 2024 / / CO2 Management (Engineered Removals), EMEA (Europe), Voluntary (VCM Developments)

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Seven carbon removal (CDR) companies have completed an accelerator programme led by a German carbon credit marketplace.

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Carbon ratings agency partners with UAE bank to ‘bring transparency’ to carbon markets

Published 12:02 on August 19, 2024 / Last updated at 12:02 on August 19, 2024 / / EMEA (Middle East), Net Zero Transition (Investment, Reporting & Disclosure), Voluntary (VCM Governance)

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A carbon ratings agency has partnered with a bank to “bring transparency to carbon markets in the UAE”, the two companies said on Monday.

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‘Hybrid’ steel plants could ease switch to green steel -analyst

Published 15:21 on August 15, 2024 / Last updated at 15:21 on August 15, 2024 / / Net Zero Transition (Industrial Decarbonisation, Power/Electrification), Voluntary (VCM Developments)

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‘Hybrid’ steel plants that blend hydrogen and natural gas are a ‘promising solution’ that could help ease the shift to green steel, according to an analyst at a leading climate think tank.

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