CDR offers great salaries in a growing industry, for those lucky to be in the few countries where it exists, industry survey finds

Published 15:00 on September 12, 2024  /  Last updated at 15:14 on September 12, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

Prospective employees in carbon dioxide removal (CDR) can expect competitive salaries in the small number of countries where it exists, according to a first-of-its kind survey of the sector, but the industry will need to grow rapidly in the coming years if it is to contribute to the world achieving its climate goals.

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Malawi ITMO carbon credits trade at $10.25, retired the same day

Published 14:03 on September 12, 2024  /  Last updated at 14:03 on September 12, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

Clean cooking ITMO credits from a project in Malawi were bought on a trading platform this week and retired the same day, underlining demand for the burgeoning sovereign carbon market.

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Fintech startup partners with blockchain platform for trading voluntary carbon credits

Published 13:04 on September 12, 2024  /  Last updated at 13:04 on September 12, 2024  / /  EMEA, International, Voluntary

A fintech startup focused on creating financial instruments tied to voluntary carbon credits has announced a partnership with a global blockchain-based platform for buying, selling, and retiring units.

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FEATURE: Innovations in battery manufacturing are key to reducing cost, meeting regulation

Published 12:31 on September 12, 2024  /  Last updated at 12:31 on September 12, 2024  / /  EMEA, International, US

Innovations in battery manufacturing, such as use of a ‘dry process’ to make electrodes, will be key to reducing cost and lowering the environmental footprint of producing lithium-ion batteries to be in line with the EU’s new Batteries Regulation, say experts.

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Global oil demand growth slowing fast, finds IEA

Published 12:25 on September 12, 2024  /  Last updated at 12:48 on September 12, 2024  / /  Americas, Asia Pacific, EMEA, International

The world is still on track to be awash with oil by the end of the decade after global demand growth decelerated in the first half of 2024 to the lowest rate since 2020, the International Energy Agency (IEA) reported on Thursday.

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Tanzanian developer partners with CreditNature to pilot nature credits in the Kilimanjaro region

Published 12:19 on September 12, 2024  /  Last updated at 08:19 on September 17, 2024  / /  Africa, Biodiversity, EMEA

A Tanzania-based developer has partnered with CreditNature to launch a biodiversity credit pilot in the Kilimanjaro region by the end of November, Carbon Pulse has learned.

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Senior EU negotiator warns against rush to push forward on Article 6

Published 11:46 on September 12, 2024  /  Last updated at 11:46 on September 12, 2024  / /  Climate Talks, EMEA, International, Paris Article 6, Voluntary

A senior EU negotiatior on Article 6 of the Paris Agreement has warned against taking a short-term approach to developing the UN markets, saying this could damage confidence in carbon pricing as a credible solution to tackle climate change.

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Power sector the ‘lynchpin’ to meeting Paris goals in lower-income economies, says World Bank

Published 10:40 on September 12, 2024  /  Last updated at 10:43 on September 12, 2024  / /  Americas, Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

The application of carbon pricing in the power sector will be crucial to meeting climate goals set under the Paris Agreement, however, approaches must be altered to the needs of low- and middle-income countries and the challenges they face, said World Bank’s latest report launched Thursday.

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Europe has likely passed its LNG consumption peak, analysts say

Published 10:34 on September 12, 2024  /  Last updated at 10:34 on September 12, 2024  / /  EMEA, EU ETS

Demand for liquefied natural gas (LNG) in Europe fell 20% year-on-year in the first half of 2024, after gas consumption dropped to a 10-year low last year, analysts said this week, suggesting the continent’s thirst for the fuel may have already peaked.

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Edinburgh-based startup raises £1 mln for industrial heat decarbonisation technology

Published 09:15 on September 12, 2024  /  Last updated at 09:15 on September 12, 2024  / /  EMEA, Voluntary

An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.

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