Global solar to surge to 20% of power generation on north’s longest day of year
Solar power is expected to generate a fifth of global electricity across midday peaks on Friday’s summer solstice and 8% across the month of June, making it the fastest-growing source of power in the world, according to new research.
Read MoreNew bioenergy carbon removals methodology approved by certifier
A certifier has validated a new methodology for net CO2 removals (CDR) using bioenergy with carbon capture and storage (BECCS), in what may provide a boost to the development of the nascent market.
Read MoreEU-China agree to cooperate on emissions trading
The EU and China agreed on Wednesday to cooperate in promoting emissions trading as an effective tool for reaching net zero emissions, as part of a wider pact to work together during a high-level environment and climate dialogue in Brussels.
Read MoreCDP climate disclosures rising, but full transparency still a challenge
A quarter of companies disclosed climate transition plans in line with a 1.5C limit in 2023, up by 44% compared to the previous year, climate disclosure non-profit CDP announced Wednesday.
Read MoreUK researchers make case for national carbon regulator
An independent UK carbon regulator with economy-wide oversight of the voluntary carbon market could ensure a level playing field for innovators, cut investment risks, and build business and consumer confidence, according to a report published on Tuesday.
Read MoreSocial acceptance of carbon pricing hinges largely on revenue spending, study finds
The political success of carbon pricing policies – such as the upcoming EU ETS2 for road transport and heating fuels – will depend on whether they help people to switch away from fossil fuels, as inflation and higher interest rates have made it harder for consumers to access cleaner alternatives, according to new research.
Read MoreINTERVIEW: Nascent methane certification market set for surge with new EU reporting rules
New EU reporting requirements for imports of certain goods could soon fuel a small, nascent voluntary trading market for one potent climate-warming pollutant — methane — and help to clamp down on its emissions.
Read MoreEU set for a fight over where the CBAM money goes
The full start-up of the EU’s Carbon Border Adjustment Mechanism (CBAM) is set to drive a battle over who gets to pocket the revenue, even if it starts low.
Read MoreTop 20 fossil fuel countries need to ramp up transition in next Paris pledges -report
A third of the world’s 20 largest fossil fuel-producing countries made no mention of oil, gas, or coal in their last round of Paris Agreement pledges, while those that do mention it talk, explicitly or implicitly, about a continuation or increase in production, according to analysis published on Thursday.
Read MoreRussia faces $32 bln in ‘conflict carbon’ reparations from Ukraine war
A surge in “conflict carbon” from Russia’s invasion of Ukraine – from burning forests, blown up oil and gas structures, infrastructure built to fortify the front lines, and more – could cost Russia billions of dollars in additional reparations, according to research published on Thursday and backed by the Ukrainian environment ministry.
Read More