Denmark invites bids for three more potential offshore CO2 storage sites
Denmark kicked off its fourth licencing round for exploration and use of offshore geological CO2 storage, it announced on Thursday.
Read MoreBiochar carbon removal may be more permanent than previously thought -study
New research suggests carbon sequestration through biochar could be more long-term that previously thought, with analysed samples capable of storing carbon for some 100 million years.
Read MoreEuropean countries outline conditions for EU-UK ETS linkage
European Union countries are broadly “open” to support the linkage of the EU and UK Emissions Trading Schemes in order to achieve efficiencies in cutting greenhouse gases, provided a number of conditions are met and that Britain contributes to the costs, according to EU filings seen by Carbon Pulse.
Read MoreSeveral countries to use international carbon markets to achieve Paris goals, while others keep options open
A handful of mostly developing countries said they intend to use the Article 6 carbon markets to help finance their Paris Agreement climate plans by 2030 — or are keeping open the option to do so, according to the first round of transparency reports to be submitted to the UN every two years.
Read MoreEU ETS-financed Modernisation Fund doles out €2.7 bln to eight countries
The EU disbursed €2.7 billion from the EU ETS-financed Modernisation Fund for decarbonisation measures in eight member states, the European Commission announced, at the same time it approved billions of euros of state aid for clean energy projects.
Read MoreINTERVIEW: As climate disclosure rules kick in, CDP shifts focus to making sure the data drives change
The arrival of sweeping EU disclosure requirements next month is prompting one of the chief drivers of voluntary corporate climate disclosures, CDP, to adapt its remit to a focus on reducing the burden of reporting, and making sure that the right data is collected and put into action.
Read MoreUK govt projects bigger emissions reductions by 2050, policies ramp up
The UK is on track to meet its two domestic emissions reduction targets covering 2023-32, with energy demand and greenhouse gases set to fall by nearly a quarter out to 2050, according to government data published Tuesday evening.
Read MoreCarbon removals could lead to EU ETS oversupply before 2040 -report
Including carbon removals in the EU Emissions Trading System before 2040 risks exacerbating oversupply that has plagued the market, a think tank warned on Tuesday, urging the European Commission not to include any such units before then.
Read MoreEU ETS revenues can help to scale up clean shipping and aviation fuels -analysis
Using just some of the revenues from taxing pollution from airplanes and ships could be used to cover the higher cost of lower-carbon fuels, according to analysis published on Monday.
Read MoreBRICS can link up carbon markets by harmonising standards and methodologies -Russian report
Harmonising the rules around growing carbon markets in the BRICS countries would support international trade within the bloc, reducing barriers to cross-border carbon trading and attracting more investors, according to a Russian report.
Read More