India proposes risk buffer for nature-based projects under offset scheme, seeks input
India has launched a consultation on draft rules that would allow nature-based carbon projects into its emerging carbon market, proposing a risk-buffer system for forest, wetland, mangrove, and soil carbon activities.
Read MoreAustralian miner accelerates zero-emissions shipping push with ammonia-fuelled fleet deal
An Australian mining company has agreed to charter up to 12 ammonia-ready vessels from a Belgium-based maritime group, it announced Monday.
Read MoreIndia nods $2 bln scheme to capture carbon from power, steel, and cement plants
India’s finance ministry has cleared an INR 197 bln ($2.1 bln) scheme to develop technologies and reservoirs to capture and store carbon emissions (CCUS) from large industrial units such as power plants, steel mills, and cement factories, a domestic business daily reported, citing sources.
Read MoreAustralian gas industry invokes Japan’s energy security to fight proposed LNG export tax -report
The majority of Australian fossil fuel companies cited concerns for Japanese rather than Australian energy security in their opposition to a proposed 25% tax on liquefied natural gas (LNG) exports, a new report found.
Read MoreAnticipation litigation: Climate lawsuits seen to increasingly rely on consensus rather than causation
A growing body of climate litigation targeting major emitters may increasingly rely on broad scientific and political consensus rather than direct attribution of climate damages, according to a new academic study that identifies an emerging category of “anticipatory climate litigation”.
Read MoreGradual phase-in of ETS auctions offers best route to decarbonise China’s power sector -study
China should gradually expand carbon allowance auctions and tighten emissions caps in its national ETS rather than pursue an aggressive reform pathway, according to a modelling study published this week that warns rapid changes could destabilise domestic CO2 prices and threaten power system reliability.
Read MoreBRIEFING: Draft EU CBAM rules “onerous” in practice for foreign carbon credits, experts say
Importers face steep challenges to take advantage of proposed EU rules allowing the application of carbon credits against Carbon Border Adjustment Mechanism (CBAM) fees, due to the “onerous” conditions imposed by Brussels on their use, experts told Carbon Pulse.
Read MoreMysterious US ocean carbon capture startup set for development in Saudi Arabia
An ocean carbon removal startup that has yet to reveal its pioneering technology has struck a partnership with a state-backed Saudi development company to further bolster the country’s carbon credit exchange.
Read MoreRock weathering could offset growing permafrost-driven river CO2 emissions -research
Chemical weathering triggered by permafrost thaw could offset a substantial share of CO2 emissions from rivers draining frozen landscapes, and in some regions may eventually outweigh them altogether, according to new research.
Read MoreMalaysia seeks ICVCM, CORSIA alignment for national forest carbon registry
Malaysia is seeking to upgrade its national forest carbon registry to meet standards set by the Integrity Council for the Voluntary Carbon Market and the aviation sector’s Carbon Offsetting and Reduction Scheme for International Aviation.
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