CP Daily: Tuesday September 24, 2024

Published 01:53 on September 25, 2024  /  Last updated at 01:53 on September 25, 2024  /  Newsletters

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

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Spanish engineering, liquid logistics firms reach CCS service agreement

Published 00:44 on September 25, 2024  /  Last updated at 00:44 on September 25, 2024  / /  Americas, Aviation/CORSIA, EMEA, International, Shipping, South & Central, US, Voluntary

Two Madrid-based companies announced an agreement Tuesday to provide carbon capture, transport, and storage services to large industrial customers.

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CWNYC24: UK fund backs VCM with public aid, “not actively looking” at Article 6 -executive

Published 00:36 on September 25, 2024  /  Last updated at 00:36 on September 25, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

The UK’s international development fund is backing voluntary carbon market (VCM) projects but does not seek to fund Paris Agreement Article 6 initiatives at this time, the group’s climate lead told Carbon Pulse on the sidelines of Climate Week NYC.

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UPDATE – Tech giant buys 8k CDR credits, its second purchase in a week

Published 00:32 on September 25, 2024  /  Last updated at 18:11 on September 26, 2024  / /  Americas, US, Voluntary

A global tech giant has paid for the removal of 8,000 tonnes of CO2 over five years through a US-based company’s enhanced rock weathering (ERW) technology, according to an announcement on Tuesday.

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CWNYC24: Companies urged to take bigger steps to tackle value chain emissions

Published 00:08 on September 25, 2024  /  Last updated at 00:08 on September 25, 2024  / /  International, Voluntary

Companies need to begin tackling their emissions beyond the value chain if they want to credibly work towards net zero – taking responsibility for what it takes to meet their targets, and being transparent when they fall off track, according to recommendations released by a standards-setter during Climate Week NYC on Tuesday.

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CWNYC24: Significant methane emissions transparency to arrive in early 2025, say satellite developers

Published 23:50 on September 24, 2024  /  Last updated at 23:50 on September 24, 2024  / /  Americas, Asia Pacific, EMEA, International, US

Novel data on global methane emissions, collected by two satellites launched this past year, will be published in early 2025, project proponents said during Climate Week NYC on Tuesday.

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US EPA asks SCOTUS to reject states’ efforts to halt methane rules

Published 23:47 on September 24, 2024  /  Last updated at 23:55 on September 24, 2024  / /  Americas, US

The US Environmental Protection Agency (EPA) has requested the country’s Supreme Court (SCOTUS) to deny stay applications filed by Republican-backed states against the agency’s rules to limit methane output from the oil and gas sector.

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US startup secures 10-yr offtake deal for about 400k tonnes of biochar at $275 apiece

Published 23:29 on September 24, 2024  /  Last updated at 23:29 on September 24, 2024  / /  Americas, US, Voluntary

A US-based CO2 removal (CDR) company announced Tuesday that it has sold nearly 400,000 tonnes of biochar credits to an undisclosed US buyer.

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US FERC dismisses complaint Dominion overcharged for RGGI costs

Published 23:22 on September 24, 2024  /  Last updated at 23:22 on September 24, 2024  / /  Americas, US

The US Federal Energy Regulatory Commission (FERC) has dismissed a complaint from the Virginia Municipal Electric Association (VMEA) that Dominion Energy improperly accounted, and subsequently over-charged, for its RGGI costs.

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Green groups urge EU to keep decarbonisation high on to-do list

Published 23:01 on September 24, 2024  /  Last updated at 13:54 on September 25, 2024  / /  EMEA

The new European Commission should keep decarbonisation as a top priority despite fears over the bloc’s economic competitiveness, according to research published by several climate groups Wednesday.

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