Gold Standard adds new activity module to its soil organic carbon methodology

Published 11:51 on August 15, 2024 / Last updated at 11:51 on August 15, 2024 / / Nature-based Carbon (Other NbS), Voluntary (VCM Governance)

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Gold Standard has added a new “Managed Pasture Activity Module” to its Soil Organic Carbon methodology, the carbon offset standard announced on Thursday.

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NGOs plot legal challenge to new gas drilling permit in German North Sea

Published 17:36 on August 14, 2024 / Last updated at 17:36 on August 14, 2024 / / EMEA (Europe), Net Zero Transition (Industrial Decarbonisation)

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Several NGOs are plotting legal action against a new drilling permit for gas extraction off the coast of Germany, they announced Wednesday.

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Trump return, global recession, climate ‘race to the bottom’ are all ‘plausible’ in the near term -report

Published 15:58 on August 13, 2024 / Last updated at 16:04 on August 13, 2024 / / Americas, Asia Pacific, CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe), International (UN Climate Talks)

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Current geopolitical factors and policy trends mean that there is a plausible risk that progress on tackling climate change could stall or go into reverse, a recent report has warned.

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Demand for cheap offsets by major companies ‘undermines’ climate integrity of voluntary carbon market -report

Published 17:04 on August 12, 2024 / Last updated at 17:04 on August 12, 2024 / / Americas, Asia Pacific, EMEA (Europe), Nature-based Carbon (Other NbS), Voluntary (VCM Governance)

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Demand for low-quality offsets by major companies is undermining efforts to boost climate integrity in the voluntary carbon market (VCM), according to new research.

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DATA DIVE: CCP-tagged voluntary carbon credits see lift in retirements, defy summer slump

Published 15:12 on August 12, 2024 / Last updated at 15:12 on August 12, 2024 / / Americas (LATAM & Caribbean, US & Canada), Asia Pacific (Asia, Pacific), EMEA (Africa, Europe, Middle East), Insights (Data Dives), Net Zero Transition (Industrial Decarbonisation), Voluntary (VCM Developments, VCM Governance)

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Carbon credits issued under methodologies that have been assessed as adhering to Integrity Council for the Voluntary Carbon Market (ICVCM)’s Core Carbon Principles (CCPs) saw a significant year-on-year lift in retirements in June and July, defying the summer slump seen across the wider market.

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Drax is the UK’s biggest source of carbon despite receiving half a billion in green subsidies -report

Published 00:01 on August 9, 2024 / Last updated at 12:39 on August 8, 2024 / / CO2 Management (Engineered Removals), EMEA (Compliance Markets & Taxes, Europe)

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Drax – the UK’s largest generator of power from biomass – is by far the country’s largest source of carbon emissions, despite receiving more than half a billion pounds in green subsidies, according to a new report published on Friday.

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DATA DIVE: Carbon markets could scale from small share of climate finance flows with smart policy

Published 14:20 on August 2, 2024 / Last updated at 14:20 on August 2, 2024 / / EMEA (Africa, Europe, Middle East), Insights (Data Dives), International (Paris Article 6/PACM, UN Climate Talks), Net Zero Transition (Industrial Decarbonisation, Power/Electrification), Voluntary (VCM Governance)

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Boosting climate funding for developing countries is seen as one of the great challenges to meeting Paris Agreement goals and while carbon markets only contribute a fraction of current total flows, as Carbon Pulse analysis shows, this could change with the right policy approaches.

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Xpansiv aims to launch CORSIA-eligible voluntary carbon spot contract in Q4

Published 14:08 on July 31, 2024 / Last updated at 14:08 on July 31, 2024 / / Americas, Asia Pacific, EMEA (Europe), International (Aviation/CORSIA), Nature-based Carbon (Other NbS), Voluntary (VCM Governance)

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Xpansiv, an environmental markets services provider, is looking to launch a CORSIA-compliant voluntary carbon spot contract in Q4, by which time it expects greater liquidity in the market.

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DATA DIVE: The countries and sectors facing the highest CCS costs in Europe

Published 14:23 on July 30, 2024 / Last updated at 14:23 on July 30, 2024 / / CO2 Management (CCUS), EMEA (Compliance Markets & Taxes, Europe), Insights (Data Dives)

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Countries around Europe have adopted ambitious policies in order to capitalise on the emerging carbon capture and storage (CCS) industry – but costs are set to differ significantly across sectors and countries, according to pricing data shared with and analysed by Carbon Pulse.

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Profits up at BECCS developer Drax as it continues to await UK subsidy decision

Published 13:56 on July 26, 2024 / Last updated at 01:35 on July 27, 2024 / / CO2 Management (Engineered Removals), EMEA (Compliance Markets & Taxes, Europe)

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British power company Drax saw profits rise 37% in the first half of the year, as the bioenergy with carbon capture and storage (BECCS) developer continues to await a decision from the UK government on extending the subsidy regime.

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