Denmark publishes national biochar strategy as it looks to meet carbon negative target
Denmark has published a national biochar strategy that outlines how the government plans to use the carbon removal process to meet its climate neutral 2045 target, and 2050 carbon negative target.
Read MoreCFEL24: Gold Standard set to publish early coal decommissioning carbon methodology in 2025
Gold Standard plans to next year publish a methodology that will credit early coal plant decommissioning, a senior member of the organisation said on Thursday.
Read MoreCFEL24: Most VCM participants now seek compliance-eligible projects -ratings agency
Most voluntary carbon market (VCM) investors are now only looking at projects expected to fit within regulated regimes, like CORSIA or Article 6, according to the head of a carbon project ratings agency.
Read MoreVCM MONTHLY DATA: Shell leads retirees in September as issuances soar to three-year high
Issuances in the voluntary carbon market (VCM) soared to their highest level in September for three years, while oil major Shell was the largest retiree of credits, according to new analysis of registry data from Carbon Pulse.
Read MoreBRIEFING: High integrity in nature-based credits still major challenge even with standards reform, say experts
Determining “high integrity” in nature-based credits remains a major challenge even with ongoing reforms to carbon standards, experts told an industry conference on Wednesday.
Read MoreCurrent voluntary carbon credit pricing ‘misleading’, says BP exec
Carbon credit price dynamics in the voluntary market are currently “misleading”, with a few big tech buyers paying a lot for small volumes, while everything else is going for low prices, a senior figure at BP said on Wednesday.
Read MoreETS, CCS collaboration should be on the table at Starmer-von der Leyen summit -think tank
A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.
Read MoreDATA DIVE: Britain’s coal achievement comes against backdrop of ever-increasing global consumption
On Sep. 30, Britain’s last coal-fired power plant in operation, at Ratcliffe-on-Soar in Nottinghamshire, powered electricity to the UK grid for the final time.
Read MoreDATA DIVE: EU industrial demand destruction continues in 2024
Industrial emission levels in the EU are plunging to new lows in 2024 as weak output has continued to reduce demand for EUAs in a major way more than two years after the energy crisis triggered by Russia’s invasion of Ukraine.
Read MoreEU CBAM transition period not long enough for Western Balkan power exporters to comply, says expert
The transition period for the implementation of CBAM, which runs until 2026, is not long enough for Western Balkan electricity traders to devise new export strategies to the EU, even if the Commission changes its criteria to make it easier for low-carbon exporters to be recognised, according to an expert on the matter.
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