Canada could emerge as green hydrogen supplier for Japan, others -panel
Canada has the potential to become a net exporter of green hydrogen by sparking domestic demand through the development of bus and truck fleets and entering into cooperative agreements with countries like Japan, panellists heard at a virtual conference this week.
Read MoreCarbon market veteran joins US-based offset developer C-Quest Capital
A carbon market veteran who co-founded a major offset investment group nearly two decades ago has joined US-based project developer C-Quest Capital, Carbon Pulse has learned.
Read MoreEU anti-deforestation import rules still a ways off, but related due diligence could come sooner
A high-profile initiative focused on reducing forest-risk commodity (FRC) imports into the EU won’t be finalised for at least 18 months, but risk managers should take heed of broader guidance that dramatically expands corporate due diligence to cover a company’s entire supply chain, an MEP said Thursday.
Read MoreOil company Eni to deepen co-development of forestry offset projects
Italian oil and gas firm Eni will avoid buying spot carbon offsets from brokers where possible, choosing instead to co-develop projects in partnership with developers and local actors, a company official said Wednesday.
Read MoreInterim benchmarks, not offsets, seen as key to accelerating net zero targets -panel
Activist shareholders welcome the impending release of ever-shorter, interim sectoral benchmarks designed to guide investors towards 2050 net zero targets, but remain adamantly opposed to the recognition of reduction-based offsets in achieving net zero, a panel heard Tuesday.
Read MoreNew net zero standard favours SBTi guidance on offsetting
The Institutional Investors Group on Climate Change (IIGCC) this week released the implementation guide for its net zero framework, building on the roadmap from the Science-Based Targets Initiative (SBTi) by intentionally downplaying the role of offsets to encourage absolute reductions over the long term.
Read MoreUS can scale clean hydrogen with lower renewable energy costs, tax incentives -experts
Tax credits, cheaper renewables, and clear government guidance will be key to accelerating US Secretary of Energy Jennifer Granholm’s vow to scale long-neglected efforts to promote decarbonised hydrogen, an expert panel heard this week.
Read MoreShopify and Carbon Engineering announce largest ever direct air capture purchase
Canadian e-commerce company Shopify on Tuesday announced a contingent forward agreement to purchase direct air capture (DAC) CO2 removals via a new service from British Columbia-headquartered Carbon Engineering, in what the companies said was the largest publicly announced corporate procurement from the technology to date.
Read MoreRail to help spur clean hydrogen boom, with potential to rival renewables -report
Green hydrogen costs are approaching a level where hydrogen-fuelled rail transport can be viable under existing post-pandemic recovery schemes with carbon pricing and other support given current price trends in the sector, bank analysts said in a report this week.
Read MoreMark Carney isn’t the only one confused by net zero definitions
Former Bank of England Governor Mark Carney has created some great things, including the Taskforce on Scaling Voluntary Carbon Markets (TSVCM), but he still managed to flub the basics of net zero accounting in a high-profile interview, wherein he claimed – wrongly – that the company he works with is “in a position today where we are net zero” because of its investments in renewable energy and “all the avoided emissions that come with that.”
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