Vattenfall pauses CCS plans in Sweden -media
Swedish utility Vattenfall has paused plans for carbon, capture, and storage (CCS) plants in Sweden, citing the market as too “immature”, according to media reports.
Read MoreFirst industrial cement CCS plant ready to test CO2 storage under North Sea
A German building company is on track to complete the first industrial-scale carbon capture and storage (CCS) plant for the cement industry, with the system now ready for testing.
Read MoreVCM Report: Verra carbon credit retirements breach 7 mln as market shows signs of life
Retirements in the Verra voluntary carbon registry surged to just over 7 million last week, as the market started to show some life after having failed to ignite after the COP climate talks last month.
Read MoreICVCM to delay cookstoves carbon credit decision until 2025 amid “complex” discussions
The decision over which cookstove methodologies will be eligible for the Core Carbon Principle (CCP) high-integrity badge is set to be delayed until next year amid ongoing “complex discussions involving many stakeholders”, the Integrity Council for the Voluntary Carbon Market (ICVCM) told Carbon Pulse.
Read MoreCarbon removal key for new UK climate targets, govt agency says
Carbon removal technologies will need to start rolling out soon, government advisors told a parliamentary committee Wednesday, as they discussed UK Prime Minister Kier Starmer’s recently-announced national climate target of cutting emissions 81% by 2035 compared to 1990 levels.
Read MoreRow erupts after Verra posts anonymous allegations of human rights abuses during consultation on REDD carbon projects
Verra has allowed anonymous allegations of human right abuses at two REDD carbon projects in Cambodia to be posted during a public consultation, sparking a furious response and rebuttal from the developer, who says the claims are groundless.
Read MoreVCM Report: Voluntary sector drifts despite landmark carbon markets decision at COP29
COP29 may have given a shot in the arm to future international carbon trade, after countries finally clinched a deal on Article 6, but the voluntary market continued to drift aimlessly over the past week.
Read MoreLeading project developers urge SBTi to listen to Global South and allow credits for Scope 3 mitigation
Project developers are urging the SBTi to listen to the Global South and allow credits to be used for Scope 3 emission targets to strengthen the voluntary market.
Read MoreVerra launches special category of ‘discovery projects’ to pilot Scope 3 standard programme
Verra has launched a special category of pilot carbon projects, known as “discovery pilots”, to feed into its new Scope 3 Standard (S3S) programme and to adapt an additional three VCS methodologies, the organisation announced Thursday.
Read MorePower-hungry data centres to exceed extra electricity demand from EVs, in boon to removals market
Power-hungry data centres in Europe will need more electricity to feed their expanding memory banks and artificial intelligence functions over the rest of the decade than the growing fleet of electric vehicles, according to new analysis.
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