Magnesium hydroxide highly effective for ERW, but there’s a catch -study
Magnesium hydroxide (MgOH2) is one of the most effective materials for capturing and storing atmospheric CO2, according to a new study that evaluated the potential for commonly-used hydrated rock, mineral powders, and industrial cement waste in enhanced rock weathering (ERW).
Read MoreGreece, EU unveil ETS-funded multi-billion-euro investment vehicle to decarbonise country’s islands
Greece has unveiled an multi-billion-euro investment vehicle with the EU to decarbonise its islands’ energy sources, raising funding in part from the sale of 25 million carbon allowances.
Read MoreCOP29: New Zealand joins fossil fuel phaseout subsidy coalition while on cusp of lifting oil and gas exploration ban
New Zealand on Tuesday joined several countries in an international coalition to phase out fossil fuel subsidies and incentives, despite its government expecting soon to pass legislation to lift the country’s ban on oil and gas exploration.
Read MoreNew Zealand seeks public feedback on 2035 NDC
New Zealand’s environment ministry is seeking comments on the country’s 2035 international climate change target, as the government is set to finalise the latest Nationally Determined Contribution (NDC) in the coming months.
Read MoreINTERVIEW: Air sample monitoring could provide real-time carbon reporting accuracy, firm says
A developer of atmospheric emissions monitoring for carbon markets said its approach could improve the accuracy of monitoring, reporting and verification (MRV) of nature-based projects, and potentially lead to more credits being issued than otherwise assumed using conventional methods.
Read MoreNew Zealand can make deep carbon cuts at home for next NDC, but needs early start, commission finds
New Zealand can achieve substantial emissions cuts domestically for its 2031-35 Nationally Determined Contribution (NDC), reducing its reliance on international credits, but must start work already this decade, according to the independent Climate Change Commission (CCC).
Read MoreCOP16: Air New Zealand first to pay into nature token pilot
National carrier Air New Zealand has become the first to pay into a nature-positive co-financing pilot that seeks to channel funds to community restoration initiatives on cyclone-ravaged Maori land.
Read MoreNew Zealand updates industrial carbon allocation baselines, pushes tough calls to next year
The New Zealand government on Friday updated the baselines for free allocation of permits to industrials for the first time since 2010, but postponed final decisions on the steel and aluminium sectors until April next year.
Read MoreNew Zealand govt proposes to halve ETS forestry charge
The New Zealand government is consulting on updated charges to foresters in the Emissions Trading Scheme (ETS), including to roughly halve the price of previously proposed per-hectare charges.
Read MoreProtecting biodiversity in New Zealand could save more than NZ$270 bln over next 50 years -study
Protecting 30% of New Zealand’s lands and seas could help the country save more than NZ$270 billion ($163,6 bln) over the next 50 years, according to a study released on Thursday.
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