Biomethane only set to grow, but policy and better prices needed -consultancy

Published 08:55 on October 18, 2024  /  Last updated at 09:54 on October 18, 2024  / /  Americas, Asia Pacific, EMEA, International

Biomethane could seriously help decarbonise energy and the world’s gas supply, given it is considered a low-carbon source on a net lifecycle basis, but policy, incentives, and pricing need to improve, an energy consultancy said this week.

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EU launches €15-mln call for carbon capture technology proposals

Published 22:24 on October 17, 2024  /  Last updated at 22:24 on October 17, 2024  /  EMEA, EU ETS, Nature-based, Voluntary

The European Commission on Thursday announced a €15-million funding opportunity aimed at advancing technologies in direct air carbon capture and storage (DACCS) and bioenergy carbon capture and storage (BECCS).

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Russia to put forward plans for int’l carbon market at COP29 -media

Published 18:41 on October 17, 2024  /  Last updated at 18:41 on October 17, 2024  / /  EMEA, International, Paris Article 6, Voluntary

Russia will present ideas for creating an international carbon market at the UN climate summit COP29 in Baku next month, local news outlets have reported.

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Euro Markets: EUAs “stuck” amid modest trading activity and calm energy markets

Published 17:16 on October 17, 2024  /  Last updated at 18:38 on October 17, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices ended the session marginally weaker on Thursday, moving in a narrow range after tracking fluctuations in a relatively calm natural gas market as traders awaited renewed direction.

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Carbon removal platform opens first reforestation protocol for public consultation

Published 17:00 on October 17, 2024  /  Last updated at 13:46 on October 17, 2024  / /  EMEA, International, Nature-based, Voluntary

A technology-focused carbon removal programme has for the first time launched a public consultation on a reforestation protocol, the company announced on Thursday.

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BRIEFING: Brussels looking beyond EU ETS integration to finance carbon removals

Published 16:36 on October 17, 2024  /  Last updated at 16:36 on October 17, 2024  / /  EMEA, EU ETS

The European Commission is looking at all options to incentivise carbon removals, not just their potential integration in the EU’s Emissions Trading Scheme (EU ETS), a senior EU official has said.

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BRIEFING: England needs land use framework to determine best intersection of farming and nature

Published 16:30 on October 17, 2024  /  Last updated at 16:30 on October 17, 2024  / /  Biodiversity, EMEA

England desperately needs a land use framework to best determine how land should be apportioned for the many competing priorities of farming, nature, carbon, energy, and housing, industry experts said on Thursday.

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Non-profit to launch 300k marine biodiversity credits at COP16

Published 16:21 on October 17, 2024  /  Last updated at 19:20 on October 17, 2024  / /  Africa, Biodiversity, EMEA

Non-profit SeaTrees is preparing to release 300,000 voluntary marine biodiversity credits for sale at UN biodiversity conference COP16 from a Kenyan initiative, Carbon Pulse has learned.

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Verra cancels 5 mln over-issued credits from CQC projects following investigation

Published 15:22 on October 17, 2024  /  Last updated at 00:53 on October 18, 2024  / and /  Africa, Americas, Asia Pacific, EMEA, Other APAC, Voluntary

Verra has cancelled over 5 million voluntary carbon credits issued to C-Quest Capital (CQC) projects following an investigation launched back in June, also in the wake of charges of fraud by US authorities on former executives at the company.

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Portugal launches tender for development of voluntary carbon registry

Published 15:05 on October 17, 2024  /  Last updated at 15:05 on October 17, 2024  / /  EMEA, Nature-based, Voluntary

Portugal’s energy agency has announced this week a public tender to find a company to develop its voluntary carbon market registration platform.

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