Groups urge UK govt to ensure strong shipping emissions coverage in ETS

Published 10:11 on October 17, 2024  /  Last updated at 10:12 on October 17, 2024  / /  EMEA, International, Shipping, UK ETS

A cohort of economists, think tanks, and non-profits have called for all domestic emissions and half of international emissions to be included in the UK ETS as the government continues to mull reforms to the country’s compliance carbon market.

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River restoration could boost carbon storage, but offsets shouldn’t flow for now -researchers

Published 23:21 on October 16, 2024  /  Last updated at 23:21 on October 16, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

River restoration can increase storage of CO2 but it is not yet a viable option for generation carbon credits due to significant uncertainties around measuring and maintaining carbon levels in dynamic river ecosystems, a new study has warned.

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More than half of EU’s big emitting installations no longer participate in ETS, study finds

Published 22:48 on October 16, 2024  /  Last updated at 22:50 on October 16, 2024  / /  EMEA, EU ETS

Around 35% of installations have exited the EU ETS since its inception, while a further 16% have stopped operating, according to a new analysis.

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Wood density an overlooked factor in calculating forest carbon stocks -study

Published 22:27 on October 16, 2024  /  Last updated at 22:27 on October 16, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Temperature and soil moisture play a critical role in shaping the wood density of trees, which in turn acts as key factor in determining forest carbon stocks, a new study has found.

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Promising new carbon capture solvent to undergo testing at world’s largest facility

Published 21:05 on October 16, 2024  /  Last updated at 21:05 on October 16, 2024  /  Americas, EMEA, US, Voluntary

An advanced carbon capture solvent that absorbs up to 95% of CO2 emissions from industrial processes is set to undergo engineering-scale testing in Norway this October.

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Cleantech startup raises $5 mln for DAC in Kenya

Published 19:10 on October 16, 2024  /  Last updated at 19:10 on October 16, 2024  / /  Africa, EMEA, Voluntary

A cleantech startup has raised $5 million to build a direct air capture (DAC) facility in the Great Rift Valley of Kenya, which is expected to launch in December.

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Euro Markets: Carbon extends losses along with gas amid milder temperatures as funds add length

Published 17:24 on October 16, 2024  /  Last updated at 17:24 on October 16, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices continued to track the TTF market on Wednesday, falling away as warmer temperatures dampened demand for gas and power, while weekly positioning data showed investment funds boosted length and marginally trimmed bearish bets last week.

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EU clarifies next emissions monitoring regulation for offshore ships

Published 17:10 on October 16, 2024  /  Last updated at 17:10 on October 16, 2024  / /  EMEA, EU ETS, International, Shipping

The European Commission has clarified its rules for extending its monitoring, reporting, and verification system to greenhouse gas emissions from offshore vessels, slightly broadening the list of ships considered to be offshore.

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EXCLUSIVE: Carbon removals from large US initiative to be marketed to European companies under new deal

Published 15:51 on October 16, 2024  /  Last updated at 19:51 on October 16, 2024  / /  EMEA, US, Voluntary

Carbon removals (CDRs) from bioethanol plants in the US Midwest are to be made available to European companies seeking to achieve net zero emissions under a new deal between the project developer and an environmental markets risk management company, they told Carbon Pulse.

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Stockholm-based clean energy tech firm raises €63 mln to drive heating decarbonisation in Europe

Published 15:45 on October 16, 2024  /  Last updated at 15:45 on October 16, 2024  / /  EMEA

A Swedish clean energy tech firm has raised €63 million to accelerate residential heating electrification and drive decarbonisation across Europe, the company announced on Wednesday.

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