Verra’s review process of Southern Cardamom REDD+ project raises independence, structural concerns, says human rights group

Published 09:43 on October 2, 2024  /  Last updated at 09:43 on October 2, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Other APAC, Voluntary

Verra’s review of the Southern Cardamom REDD+ (SCRP) project that led to its suspension being lifted relied heavily on the findings and claims made by its proponent, raising questions about its independence and presenting structural issues in the standard’s environmental and social requirements, according to the human rights group that investigated the activity.

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INTERVIEW: Australian companies can gain competitive advantage by thoroughly reporting against new mandatory climate requirements

Published 09:42 on October 2, 2024  /  Last updated at 09:42 on October 2, 2024  / /  Asia Pacific, Australia

Australian companies are likely to ensure their climate-related reporting is as rigorous as possible as a way to stand out from their competitors, with the new requirements to act as a tailwind for carbon and renewable energy certificate markets, an executive at a market infrastructure provider told Carbon Pulse.

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ARB drops second LCFS 15-day notice near midnight Eastern to minimise market impact

Published 09:34 on October 2, 2024  /  Last updated at 09:34 on October 2, 2024  / and /  Americas, RINs & LCFS, US

California regulator ARB slipped a second 15-day package late into the night Tuesday with updates to its Low Carbon Fuel Standard (LCFS) that included an additional feedstock under the contentious crop-based cap, sustainability attestation, and stretched crediting periods for some avoided biomethane projects, among other changes.

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Korean refiner seeks commercialisation of membrane technology in carbon capture process

Published 08:12 on October 2, 2024  /  Last updated at 08:12 on October 2, 2024  / /  Asia Pacific, South Korea, Voluntary

One of South Korea’s biggest refiners is seeking to commercialise a new membrane technology, as it seeks to tap into the international carbon capture, utilisation, and storage (CCUS) market.

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ETS, CCS collaboration should be on the table at Starmer-von der Leyen summit -think tank

Published 05:50 on October 2, 2024  /  Last updated at 23:52 on October 1, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, UK ETS

A UK and EU ETS tie-up, as well as enhanced collaboration on carbon capture and storage (CCS), are among a number of policies that a think tank has recommended for discussion when UK Prime Minister Keir Starmer and European Commission President Ursula von der Leyen meet on Wednesday.

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UPDATE: Investors ask US regulator to block JBS listing over environmental concerns

Published 05:00 on October 2, 2024  /  Last updated at 09:21 on October 2, 2024  / /  Americas, Biodiversity, Nature-based, South & Central, US, Voluntary

Eighteen investors managing $22 billion have co-signed a letter asking the US financial regulator to stop Brazilian meat giant JBS from listing in the US following concerns around transparency that are refuted by the corporation.

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CP Daily: Tuesday October 1, 2024

Published 04:11 on October 2, 2024  /  Last updated at 04:17 on October 2, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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CWNYC24: Regulatory uncertainty dominates North American compliance markets

Published 04:01 on October 2, 2024  /  Last updated at 04:36 on October 2, 2024  / /  Americas, Canada, US

Analysts at a roundtable during Climate Week NYC said that the regulatory picture was dominating market movements across North American compliance programmes, with policy uncertainty through 2024 weighing on allowance prices in the secondary market.

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California power emissions drop YoY in August as renewables regain share, natural gas recedes

Published 00:39 on October 2, 2024  /  Last updated at 00:39 on October 2, 2024  / /  Americas, Canada, US

California’s power sector reversed course in August from the previous two months with emissions dropping year-on-year (YoY), as the share of renewables increased and the role of natural gas decreased.

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INTERVIEW: Biopropane seeks to scale into key component of energy transition

Published 00:37 on October 2, 2024  /  Last updated at 00:37 on October 2, 2024  / /  Americas, EMEA, US

Renewable propane, an often overlooked fuel in the energy transition push, has the potential to be a small but key component in helping to scale up renewable fuel supplies while decarbonising an array of end-uses, and one company says it’s working to prove that point.

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