BRIEFING: Low-carbon tech needs standardised measurements to drive investor, buyer confidence
Big companies like Microsoft are turning their attention from renewable energy and carbon removal credits towards the up-and-coming technologies needed to decarbonise their own operations – yet they still need standardised measures to show exactly how they are shrinking their carbon intensity, according to a data provider working on the solution.
Read MoreBRIEFING: Senators, stakeholders express ETS rulemaking concerns in California legislative committee hearing
Senators sparred with the head of California regulator ARB on proposed changes to the state’s Cap-and-Invest Program in a legislative hearing on Wednesday, with lawmakers and stakeholders alike questioning the draft updates’ impacts on costs, revenues, affordability, and ambition under the programme.
Read MoreBRIEFING: World on cusp of recession amid oil crisis, but market set for glut if Middle East conflict subsides
Spiralling oil and gas prices due to conflict in the Middle East have left the world on the brink of recession, which would add heavy pressure to EU carbon prices amid industrial demand destruction, but the short-term shortage in barrels will likely give way to a wave of supply further down the line if there is a truce in hostilities, analysts have said.
Read MoreBRIEFING: Multilateral work on fossil fuel transition must address root causes, not just symptoms, landmark conference hears
The global transition away from fossil fuels must address deep issues like fiscal reliance, constrained energy access, price distortions, poorly aligned domestic policies, and limited multilateral architecture, the Santa Marta conference in Colombia heard this past week.
Read MoreBRIEFING: African cookstoves developer secures latest LoA with DRC, touting enthusiasm for projects
A Kenya-based cookstoves developer has received an Article 6 Letter of Authorisation (LoA) from the Democratic Republic of Congo (DRC), prefacing intent to sell state-sanctioned carbon credits under the UN’s CORSIA aviation offsetting scheme.
Read MoreBRIEFING: Canadian investors endorse new sustainable finance taxonomy, but warn federal backing is make-or-break
Canadian investors broadly support the development of a national sustainable finance taxonomy, but its effectiveness will depend on clear federal policy backing and integration into regulatory frameworks, according to a new survey.
Read MoreBRIEFING: Govt incentives, like UK floor price, crucial for sustainable aviation fuel take-off
The UK government’s plan to create a floor price for sustainable aviation fuel (SAF) could help to reduce the “green premium” that constrains the uptake of what many see as the fastest way to cut aviation emissions, according to an airport official.
Read MoreBRIEFING: South Korea outlines next steps for its voluntary market
The South Korean government has established a public-private partnership involving the country’s major exchange and business lobby to build a voluntary carbon market, with plans to launch a marketplace by the end of this year and pursue further legalisation.
Read MoreBRIEFING: Colombian govt consults on overarching regulation, changes rules for land-use-based carbon projects
Colombia’s environment ministry has published a long-awaited draft decree on social and environmental safeguards for mitigation activities in the Land Use, Land-Use Change and Forestry (LULUCF) sector, which also covers several provisions on project registration, benefit-sharing, baseline alignment, and crediting periods.
Read MoreBRIEFING: Chocolate factory, biochar developer seek some sweet supply chain decarbonisation
A Californian bean-to-bar chocolate company helped co-found a biochar tech platform through which it plans to decarbonise its cocoa supply chain while converting agricultural waste into biochar.
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