BRIEFING: Carbon removal buzz builds as SBTi signals ‘interim’ targets poised to form part of new standard
The carbon removal sector is growing excited after the Science Based Targets initiative (SBTi) signalled it may include “interim” targets for negative emissions in its hotly-anticipated revision to the flagship Corporate Net-Zero Standard.
Read MoreResearchers urge rethink of biochar durability as carbon removal solution
The market may be underestimating the climate role of biochar, with the carbon removal type still accounting for the lion’s share of tangible supply available to buyers in the sector, according to new research.
Read MoreJapanese shipper sets up carbon insetting programme
Mitsui OSK Lines (MOL) on Wednesday launched a net zero alliance that will establish carbon insetting projects and generate environmental attributes certificates (EACs) from voyages that use its alternative fuels.
Read MoreEU urged to integrate negative emissions into ETS to spur CCS deployment
The EU must integrate negative emissions into its emissions trading system to create the right incentives for companies to invest in large-scale carbon capture and storage (CCS) projects, experts have said.
Read MoreHoneywell partners with Indian startup to develop sustainable aviation fuel
US industrial giant Honeywell on Tuesday partnered with an India-based startup to explore the production of sustainable aviation fuel (SAF), aiming to help airlines meet their CORSIA emissions requirements.
Read MoreSwiss agency signs purchase agreement with cookstove project developer for ITMOs from Africa
The Swiss organisation arranging Article 6 deals on the country’s behalf has inked a purchase agreement with an Australian project developer for Paris-aligned carbon credits from a clean cooking initiative in Malawi.
Read MoreBRIEFING: Global carbon market traded volume surges in 2024, valuation remains flat -analysts
Global carbon markets saw their value marginally rise to above €800 billion in 2024, according to annual research published by analysts, while traded volume jumped by almost 25% year-on-year amid buoyant activity across nearly all systems.
Read MoreICAO to assess Paris crediting mechanism units for CORSIA once time is right -TAB chair
The chair of UN aviation agency ICAO’s technical body has said that new Paris Agreement units will be assessed for the CORSIA scheme once the mechanism is ready.
Read MoreGuatemala proposes $51 mln budget for national carbon credit programme
Guatemala’s finance ministry has proposed allocating nearly 10% of a national budget increase toward the country’s carbon crediting programme.
Read MoreFEATURE: EU shipping sector explores compliance options as new rules push up carbon costs in 2025
Shipping companies are grappling to find the best way to comply with the EU’s new fuel intensity regulation, as the sector’s exposure to carbon policies more than doubles this year, and biofuels emerge as the most popular option.
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