Biomass-based carbon removal outperforms DAC, ERW in efficiency -study
Biomass-based carbon removal and storage (BiCRS) methods achieve higher CO2 retention than direct air capture (DAC) and enhanced rock weathering (ERW), according to new scientific research assessing the efficiency and energy use of 12 engineered carbon removal technologies.
Read MoreCarbon crediting, regulatory support can boost LATAM aviation decarbonisation amid SAF shortage -report
Increasing homegrown carbon credit supply and instituting comprehensive regulatory frameworks can help airlines in Latin American and the Caribbean meet compliance requirements under the UN’s CORSIA aviation offsetting scheme amid a shortage of sustainable aviation fuel (SAF), according to a report published last week.
Read MoreKenya draft carbon regulation to impose trading cap, could withhold ITMOs
Kenyan draft carbon regulations would establish a ‘carbon budget for trading’ for each UN target-setting period and empower the government to withhold Paris Article 6 ITMO credits in the course of project authorisation, among other provisions.
Read MoreVCM MONTHLY DATA: Millions of Shell retirements fail to stop January slump
Oil major Shell retired more than 5 million carbon credits in January across the major registries – but even with that contribution, total retirements for the month fell year-on-year.
Read MoreThai bourse partners with global exchange to develop carbon market infrastructure
The Stock Exchange of Thailand (SET) has entered into an agreement with an international exchange operator to advance the country’s carbon market development, the partners announced Tuesday.
Read MorePhilippines lawmakers approve carbon trading bill
The Philippines House of Representatives on Tuesday approved a bill that would set up a domestic emissions trading scheme with offset provisions as well as task the government with establishing a framework for trading carbon credits under the Paris Agreement.
Read MoreLNG ships drive methane higher, as CO2 emissions also rise -EU agencies
Some progress has been made but reducing CO2 remains a challenge for European shipping, while the increased use of LNG-fueled vessels has led sectoral methane emissions to at least double in the past five years, a joint environmental study by two EU agencies found on Tuesday.
Read MoreNorway must finalise emissions accounting with EU before sealing Article 6 carbon trade deals
Norway is waiting to finalise important technical elements of its cooperation with the EU on emissions accounting and climate policy before advancing any deals for international carbon trade under the Paris Agreement, it confirmed in a transparency report published on Tuesday.
Read MoreAustralian port association releases first ever emissions guidelines for tricky sector
Ports Australia has released reporting guidelines for ports covering Scopes 1, 2, and 3 greenhouse gas emissions, a first of its kind in the country.
Read More“Big deal” as scientists find most US methane emissions go undetected
A total 70% of methane emissions from US onshore oil and gas activities comes from smaller, dispersed sources, according to new scientific research published on Tuesday, which calls into question Europe’s growing reliance on imported American LNG.
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