Nature-based standard updates methodology for soil carbon projects
A standard-setter for nature projects is seeking feedback on a fundamental shift in its methodology for soil carbon projects, recognising that they need to be tailored to local conditions, it announced on Tuesday.
Read MoreCarbon market fine bites into Q2 results of Norwegian aviation group
Aviation conglomerate Norwegian Group saw its financial results dip in Q2, after taking a hit from a court ruling forcing the company to pay outstanding EU ETS charges and a penalty, as well as higher fuel prices.Â
Read MoreKenyan court orders fresh review of dispute on public tender for carbon credits
A Kenyan Court of Appeal has given new life to a legal dispute over Kenya Electricity Generating Company’s tender for international carbon credits, ruling that it should not have changed the rules of procurement mid-process.Â
Read MoreEU should look to new and cleaner cement technologies – not carbon capture and storage, environmental group says
The best way for Europe to cut emissions from cement is to reduce and replace the use of clinker and shift to alternatives that already exist, but are locked out of the market, according to a report published on Monday.
Read MoreUkraine ETS draft law introduced in parliament
Ukrainian politicians have introduced a bill to create a national emissions trading system (ETS) from 2028, in a step that would further integrate the country with the EU, and help to offset the costs of the bloc’s border carbon fee.Â
Read MoreINTERVIEW: European fund eyes extra carbon cash from Congo timber, agri projects
A European impact fund is positioning itself to be a first big developer of forestry and carbon projects in one of Africa’s lesser known host countries, the Republic of Congo – and is helping the government build its market infrastructure along the way.Â
Read MoreOffset provider steps into EU ETS with Spanish registry account
A Canadian carbon offset provider is stepping into the EU Emissions Trading System (ETS) by opening a registry account in Spain, as part of the company’s growth into Europe, it announced on Thursday.
Read MoreTurkish court nixes environmental assessment for new coal-fired power units
A Turkish court decided this week to annul an environmental impact assessment for Turkiye’s last coal-fired power project, in a win for climate campaigners who argued the assessment had failed to properly study the plant’s cumulative impact.
Read MoreRenewables developer injects first green gas into Italian grid
A Swiss renewable energy company has injected its first biomethane into the Italian gas grid, marking the start of the company’s expansion into renewable gas.Â
Read MoreUK to extend nuclear power plant lifespan by 20 years
The UK government has struck an initial deal to extend the life of an existing nuclear power plant by 20 years, which it says will ensure large volumes of clean electricity and skilled jobs.Â
Read More