Brussels-approved state aid for German LNG terminal falls foul of EU climate policy, claims non-profit

Published 15:47 on August 20, 2024  /  Last updated at 15:54 on August 20, 2024  / /  EMEA

Brussels is under pressure to defend its climate policy after approving state aid of €40 million to build Germany’s multi-purpose LNG import terminal in Brunsbuttel.

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Zambia progresses towards issuing authorisation for int’l credit trade from 10 carbon projects

Published 15:36 on August 20, 2024  /  Last updated at 15:36 on August 20, 2024  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

Zambia has moved closer to issuing letters of authorisation (LoAs) and approval for 10 carbon projects, its government has said, which would enable developers to sell credits internationally in accordance with the Paris Agreement.

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Study identifies Key Biodiversity Areas to scale up Antarctica protection

Published 15:11 on August 20, 2024  /  Last updated at 15:11 on August 20, 2024  / /  Africa, Americas, Asia Pacific, Australia, Biodiversity, South & Central

Establishing 30 new Key Biodiversity Areas (KBAs) in the Southern Ocean surrounding Antarctica has the potential to ensure native wildlife in the region does not decline due to human activities, a paper has said.

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Support CCS like hydrogen to develop sector, commerce chamber tells Australian govt

Published 14:19 on August 20, 2024  /  Last updated at 14:19 on August 20, 2024  / /  Asia Pacific, Australia

The chamber of commerce in Australia’s largest gas-exporting state has argued the current Labor federal government is not doing enough to support carbon capture and storage (CCS) and should provide the same support it gives to green hydrogen development if the country is serious about meeting its climate goals.

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Oil majors team up with UK-based carbon capture developer for CCS project in Malaysia

Published 13:19 on August 20, 2024  /  Last updated at 13:19 on August 20, 2024  / /  Asia Pacific, EMEA, Other APAC, Voluntary

Two oil majors have teamed up with a UK-headquartered firm on the construction of carbon capture and storage (CCS) facilities in Malaysia, the companies announced Tuesday.

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Guyana increases voluntary carbon credit share of proceeds for Indigenous communities -media

Published 12:59 on August 20, 2024  /  Last updated at 12:59 on August 20, 2024  / /  Americas, Nature-based, South & Central, Voluntary

Guyana President Irfaan Ali announced this week at a national assembly on Indigenous affairs that the government would increase the percentage of voluntary carbon credit proceeds for Amerindian communities, counterbalancing lower earnings in 2024, according to local sources.

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Around half of Germans opposed to current carbon pricing approach

Published 12:29 on August 20, 2024  /  Last updated at 12:29 on August 20, 2024  / /  EMEA, EU ETS

Nearly half of the German population disapprove of the current domestic approach to CO2 taxation in transportation and heating, according to a new survey.

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Malaysian state govt body signs multiple MoUs for developing carbon, biodiversity projects

Published 11:37 on August 20, 2024  /  Last updated at 11:37 on August 20, 2024  / /  Asia Pacific, Nature-based, Other APAC, Paris Article 6, Voluntary

A provincial government body in Sarawak state in Malaysia has entered into several partnerships for the exploration and development of carbon offset projects based on nature-based solutions (NbS), renewable energy, and biodiversity conservation.

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Regen announces blockchain storytelling update for carbon, ecocredits

Published 11:32 on August 20, 2024  /  Last updated at 11:32 on August 20, 2024  / /  Americas, Biodiversity, International, Nature-based, US, Voluntary

US-based environmental credit platform Regen Network Development is trialling a feature to enable the publishing of project data, connected to blockchain, in a bid to improve the storytelling around their environmental credits.

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Buyers’ alliance shares CDR offtake agreement template

Published 11:04 on August 20, 2024  /  Last updated at 11:04 on August 20, 2024  / /  Americas, International, US, Voluntary

An advanced market commitment for carbon dioxide removal (CDR) has released a standardised offtake agreement template for deals in the nascent technology sector.

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