FEATURE: Simplification of EU sustainability reporting rules will lead to less green investment, investor group says
Fewer companies reporting sustainability data, as mandated by the EU’s bureaucracy-slashing regulation, will lead to a drop in investment in those organisations that would help deliver the EU’s clean industrial deal objectives, an investor group told Carbon Pulse.Â
Read MoreFEATURE: Newer tech, specialisations shield Australian hydrogen startups from cancellations
Australia’s green hydrogen sector has seen a bloodbath over the past 18 months, but some smaller startups have survived, protected by newer technologies, specialised focus, and ambitions smaller than gigawatt-scale clean production of the universe’s most abundant element.
Read MoreFEATURE: Carbon insurance shifts from optional add-on to deal enabler
Carbon insurance is rapidly evolving from a niche offering into a critical enabler of carbon removal (CDR) finance, as investors and developers increasingly look to transfer delivery and political risk off their balance sheets, an executive at a carbon insurance firm told Carbon Pulse.
Read MoreFEATURE: Drive for greener data centres spurs interest in CCS-fitted gas power plants
A growing need for decarbonised data centres is fueling demand for gas-fired power plants coupled with carbon capture and storage (CCS), and hyperscalers are possibly the only ones willing to pay the cost premium even though the plants are far from economic, experts say.
Read MoreFEATURE: Insurers hope Gold Standard’s CORSIA assessment helps lift credit supply
Gold Standard’s new process of approving private insurance policies for carbon project developers looking to sell credits in the UN aviation offsetting scheme could help to boost supply in a crunched market – particularly if other standard setters follow suit and big insurers join in, officials involved in the arrangement told Carbon Pulse.Â
Read MoreFEATURE: African Development Bank looks to sell climate benefits from the non-market ‘Cinderella’ of Article 6
The African Development Bank is looking for emitters to buy certifications for benefits generated from climate adaptation projects on the continent in an initiative that falls under the more neglected part of the Paris Agreement’s regime for international cooperation: everything outside of carbon markets.Â
Read MoreFEATURE: UK faces critical challenges on path to 2030 offshore wind ambitions
To meet the UK government’s target of installing 43-47 gigawatts (GW) of offshore wind power by 2030, about 8 GW of new capacity must be approved in this September’s auction round, but experts warn that various challenges still need to be addressed for these projects to actually be built.
Read MoreFEATURE: Lawmakers sound alarm after far-right assumes control of EU’s 2040 climate bill
The far-right’s successful bid to win control of the EU’s 2040 climate target bill in the European Parliament is aimed at sowing chaos and sabotaging the process, MEPs have warned.
Read MoreFEATURE: Higher defence spending could benefit low-carbon technologies like e-fuels
The steepest rise in global military expenditure since the end of the Cold War could spill over into higher investment for low-carbon technologies such as e-fuels and battery storage, which offer a potential for the military to improve resilience and cut emissions, experts say.Â
Read MoreFEATURE: Focus of EU’s 2040 climate target shifts to “enabling conditions” for delivery
The European Commission has outlined 18 “enabling conditions” in its 2040 climate target plan, unveiled this week, as the political conversation shifts towards the prerequisites for achieving the bloc’s goal of cutting emissions by 90% below 1990 levels by the end of the next decade.
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