Tech giant opens value chain decarbonisation RFP targeting heavy industry, transport
A US-based tech giant has launched a request for proposals (RFP) seeking emissions reduction interventions across a broad range of hard-to-abate sectors in its value chain.
Read MoreLCAW26: Investor says Brazil policy inspires more confidence than US or EU
Emerging market economies are proving to be more reliable recipients of green investment than developed countries, according to a Brazil-based investor.
Read MoreEU ministers split over weakening CO2 car rules amid boom in EV sales
The EU’s 27 environment ministers remained divided over plans to relax car CO2 rules on Thursday, while Wopke Hoekstra, the EU’s climate chief, said the recent boom in electric car sales is a sign that weakening the cars CO2 target may not have been necessary after all.
Read MoreNew framework monetises the environmental value of leaving fossil reserves untouched
A digital infrastructure company has proposed a new framework to monetise the environmental value of leaving commercially recoverable carbon resources untouched, with the preservation capital then directed towards restoration and reclamation activities such as cleaning up legacy coal waste.
Read MoreEngineered wood could cut building-sector CO2 emissions by 7% -report
Greater use of engineered wood products in construction could deliver savings equivalent to around 7% of projected annual emissions from the global buildings sector, a UN-backed report has found.
Read MoreEU to issue detailed CBAM guidance soon as it works with India on MRV alignment
The European Commission will soon publish detailed guidance on certain requirements under its Carbon Border Adjustment Mechanism (CBAM), while working with India to narrow differences between the border levy and the country’s upcoming emissions trading, officials said on Thursday.
Read MoreUS, Qatar urge EU to “stop the clock” on methane reporting rules
The United States, Qatar, Nigeria, and Algeria have warned that the EU’s methane regulation risks disrupting Europe’s oil and gas supplies unless Brussels swiftly freezes the law and amends it to prevent widespread non-compliance.
Read MoreAverage new car and van emissions falling sharply in Europe ahead of ETS2
Average carbon emissions from new cars and vans in Europe, due to be included in the delayed ETS2 cap-and-trade scheme, fell sharply last year amid the switch to electric vehicles (EVs), according to provisional data on Thursday.
Read MoreLCAW26: CBAM is the stick, Article 6 the carrot, and market instruments the tool to implement, says commodities trader
The clearest route to scaling carbon markets is to penalise emissions using carbon border fees and reward low-carbon intensity products through the use of market instruments such as book-and-claim and environmental attribute certificates (EACs), according to a representative of a global commodities trading house.
Read MoreCampaigners call for national CDR goals, despite EU ‘target fatigue’
Climate NGO Carbon Gap has urged EU governments to set binding national targets for permanent carbon removal (CDR) under the bloc’s 2040 climate framework, warning that a single, EU‑wide net emissions goal will not deliver the volumes needed to reach net zero.
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