Japanese giant presses play on huge CCS project
Another of Australia’s large-scale carbon capture and storage (CCS) projects has hit the starter with its Japanese LNG company operator announcing it has begun preliminary engineering work for a project that could be sequestering millions of tonnes of CO2 by the end of the decade.
Read MoreFEATURE: Rise of border carbon fees will create compliance costs, trade shuffles, and – maybe – some emissions cuts
The once-distant idea of a global market divided up by border carbon fees is coming increasingly into focus, as countries ready themselves for the full force of the EU’s Carbon Border Adjustment Mechanism (CBAM) next year.
Read MoreCarbon Pulse launches new NDC Tracker ahead of COP30 in Brazil
As countries submit new national climate plans to the Paris Agreement ahead of a September deadline, Carbon Pulse is keeping track of who’s submitted what, and gauging interest in Article 6 in particular among parties.
Read MoreMitsubishi partners with shipbuilder to capture ships’ oil production emissions
Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, a subsidiary of shipbuilder SBM, will study the application of CO2 capture modules on oil production tankers and refine it to the point it can be commercialised and scaled to contribute to carbon neutrality, the two said Tuesday.
Read MoreJapanese airline to explore sustainable farming project, eyes carbon credit business
A major airline in Japan has decided to embark on a pilot project that will help create a sustainable farming model with the use of batteries and renewable energy while generating carbon credits, it announced Friday.
Read MoreRising emissions from chip production threaten climate progress in East Asia, report says
Electricity consumption from the manufacture of AI chips has more than tripled over the past two years, potentially muting climate progress in East Asia, the global hub for semiconductor production, an NGO warned Thursday.
Read MoreUS tariffs expected to pinch EV market -report
US tariffs are expected to put foreign EV manufacturers in a pinch, as more than a third of battery powered automobiles are imported from outside the country, according to a report.
Read MoreJapanese developer secures biochar-based carbon removal project in India
A Tokyo-headquartered developer has tapped into India’s biochar-based carbon removal market through a newly formed partnership with local companies.
Read MoreJapan ties JCM approval process to Article 6 in bid to attract investments
Japan has abolished the implementation guidelines for projects under the Joint Crediting Mechanism (JCM), instead aligning the process with the Article 6 framework in order to simplify the process and make it more attractive to developers and investors.
Read MorePapua New Guinea to lift voluntary REDD+ moratorium, minister announces
Papua New Guinea has begun the process to unwind its moratorium on new REDD+ projects in the country, the government announced.
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