Japan adds J-Credit methodology for beef cattle feeding
The committee steering Japan’s J-Credit programme has approved a new methodology on the introduction of a new feeding practice for beef cattle, as the government continues to expand coverage in the domestic offset scheme.
Read MoreClimate Impact X suspends Kasigau REDD project from its nature-based index
Climate Impact X (CIX) has temporarily suspended credits from a troubled Kasigau corridor project (VCS 612) into delivery for its nature-based benchmark, Nature X, with immediate effect, a day after two senior staff member at the project were sacked in relation to ongoing investigation into sexual harassment and abuse allegations.
Read MoreRegional gas lobby launches study designed to understand cross-border CCS and crediting mechanisms
A Southeast Asian gas lobby group has launched a new carbon capture and storage accreditation study that will look at the best way to earn carbon credits.
Read MoreAustralia Market Roundup: Santos, Tokyo Gas to investigate e-methane production, South Australia passes hydrogen legislation
Australian oil and gas company Santos is partnering with Tokyo Gas to explore producing carbon neutral synthetic methane, or “e-methane”, in Australia, the former announced Tuesday, as the state of South Australia passed legislation supporting its renewables and hydrogen industry.
Read MoreGlobal goal to triple renewables within sight as governments are already planning to double capacity -report
The world is already planning for a doubling of renewable power capacity by 2030, analysts said in a report published on Tuesday, adding that this should give confidence to governments that a global agreement to triple renewables this decade is achievable.
Read MoreVCM Report: Carbon credit demand boosted as oil major returns to the market
Large volumes of REDD avoided deforestation changed hands at rock bottom prices last week amid the continued fallout from the negative press coverage about the sector, while demand in general was lifted by the reappearance of an oil major in the market retiring a large volume of credits.
Read MoreJapan approves 26 new projects under domestic offset scheme
Japan has given the green light to the registration of 26 projects under the J-Credit scheme, which could generate roughly 3.1 million carbon credits over their lifetimes, as the country is seeking to expand the supply of domestically issued offsets.
Read MoreJapan, Malaysia set 2028 start date for large-scale CCS venture
A consortium of Japanese companies has signed with Malaysian oil and gas giant Petronas to commercialise a carbon capture and storage project by 2028.
Read MoreFEATURE: Generating biochar credits from bamboo offcuts is next frontier for plantations
The market potential for using bamboo manufacturing offcuts to produce carbon credit-generating biochar is heating up, as an increasingly attractive option for developers already generating nature-based removal credits from fast-growing bamboo plantations with excellent CO2 sequestration ability.
Read MoreCOP28: Record 70,000 attendees expected to descend on Dubai ‘circus in the desert’
FREE READ – Dubai will grow in population by the equivalent of a small city as a record number of delegates descend upon the desert metropolis later this month for this year’s COP28 climate summit.
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