National oil companies join pledge to reach net zero operational emissions
Brazil’s Petrobras and Saudi Aramco have joined ten other oil and gas companies in aiming for net zero Scope 1 and 2 emissions, though the pledge did not include setting a date for when the goals would be reached.
Read MoreCARBON FORWARD 2021: Amid global carbon credit boom, experts gather to discuss risks, opportunities
The sixth instalment of Carbon Forward – the premier annual environmental markets conference – is back, and it’s stacked with a first-class line-up of speakers to discuss the global boom in carbon credit prices, as well as government- and corporate-led efforts to scale up these markets.
Read MoreAl Gore-backed data project finds oil and gas emissions may be double estimates
A new emissions data project has found that emissions from oil and gas production may be twice as high as previously thought, as new technology builds a more accurate picture of global GHG output.
Read MoreEuropean steelmakers risk stranded assets within years as emissions budget nears exhaustion -report
European steelmakers must accelerate their low-carbon transition as their emissions budget to 2050 nears exhaustion, according to a report published Tuesday that found Turkish and former Soviet producers most at risk of holding stranded assets.
Read MoreSaudi Arabia to launch carbon trading exchange for MENA region
Saudi Arabia’s Public Investment Fund and the country’s markets operator Tadawul Group on Friday announced plans to develop a carbon trading exchange for the Middle East and North Africa region.
Read MoreCarbon Pulse bolsters best-in-class reporting team with two more expert hires
(Free read) – Carbon Pulse has significantly strengthened its best-in-class news reporting team by bringing aboard two more expert hires – one previously the lead energy analyst with The Economist Intelligence Unit (EIU), and the other a lead negotiator for Article 6 of the Paris Agreement.
Read MoreBluesource Methane president departs for new emissions management firm
The president of Alberta offset project developer and advisory firm Bluesource Methane has joined the team of a new technology solutions provider and large-scale project developer.
Read MoreToronto-based ESG fund inks offtake with large Indonesian REDD project
Investment vehicle Carbon Streaming Corporation on Tuesday announced it has entered into a long-term offtake agreement with the Rimba Raya REDD project in Indonesia, paying at the high end for carbon credits from reduced deforestation as the fund seeks to add hundreds of millions of offsets to its portfolio in the coming years.
Read MoreIsrael to tax carbon from 2023
Israel will from 2023 introduce a carbon tax that the government said will be the “cornerstone” of the country’s new climate action plan.
Read MoreIsrael unveils climate strategy seen as lacking ambition, missing key measures
Israel this weekend approved a plan to cut its mid-century greenhouse gas emissions by 85% below 2015 levels, but critics decried the strategy for missing key elements and for not going far enough.
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