Carbon project ratings agency lays off dozens of staff amid voluntary market slowdown
A carbon project ratings agency has laid off dozens of staff members amid a company restructuring campaign, Carbon Pulse has learned.
Read MoreInvestors with $6.5 trillion of assets see mixed results in seafood sustainability engagement
Some 35 investors representing $6.5 trillion in combined assets have engaged with varied results over a year-long outreach with seven seafood companies on sustainability issues such as supply-chain traceability to curb habitat destruction and overfishing.
Read MoreEU parliament, countries agree to delay anti-deforestation law
Companies will have one more year to comply with the EU’s incoming deforestation law, under an agreement struck on Tuesday evening between the European Parliament and Council of member states.
Read MoreEU earmarks over €4 bln from ETS revenues for cleaner cars
The European Commission has earmarked €4.6 billion from revenues generated by the EU’s Emissions Trading Scheme (EU ETS) to boost net-zero technologies like electric vehicles, paving the way for its upcoming ‘Clean Industrial Deal’ and related efforts to green the automotive industry.
Read MoreVattenfall pauses CCS plans in Sweden -media
Swedish utility Vattenfall has paused plans for carbon, capture, and storage (CCS) plants in Sweden, citing the market as too “immature”, according to media reports.
Read MoreSustainable aviation too slow to take off, finds report
A mere 12% of airlines around the world are making “noteworthy efforts” to switch from kerosene to truly sustainable aviation fuels (SAFs), while the others are either buying too little or the wrong kind of alternative, according to an NGO ranking published on Tuesday.
Read MoreFirst industrial cement CCS plant ready to test CO2 storage under North Sea
A German building company is on track to complete the first industrial-scale carbon capture and storage (CCS) plant for the cement industry, with the system now ready for testing.
Read MoreShift in sentiment in Brussels could lead to softening of ETS2, as EUAs set to rise more slowly –analyst
The European Union could make adjustments to, or delay the implementation of, its ETS2 mechanism amid a shift in priorities at the heart of the EU, an analyst said on Tuesday.
Read MoreBrussels caps 2027 ETS2 carbon allowances in line with planned emissions decline
The European Commission will cap the number of carbon permits in the incoming trading scheme for transport and buildings at just over 1 billion in 2027, in line with a gradual reduction of emissions under existing measures.
Read MoreEU-UK should align on carbon pricing, CCS to build thriving clean tech hub -report
The EU and UK should explore linking their emissions trading systems and cooperate on cross-border carbon capture and storage (CCS) under efforts to form a resilient clean tech hub on the global stage, an industry body said on Tuesday.
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