CDR is key tool for US utilities with net zero goals -report

Published 22:51 on September 24, 2024  /  Last updated at 22:51 on September 24, 2024  / /  Americas, US, Voluntary

A US-based coalition of carbon management companies published on Tuesday a report highlighting the synergies between the carbon dioxide removal (CDR) industry and electric utilities working towards decarbonisation.

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US commodity price reporter partners to launch exchange platform for tech-based offsets

Published 21:03 on September 24, 2024  /  Last updated at 21:03 on September 24, 2024  / /  Americas, US, Voluntary

A tech company has partnered with a major price reporting agency to launch a trading platform for the voluntary carbon market that will focus on the exchange of tech-based carbon offsets, the companies announced Tuesday.

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CWNYC24: Philanthropy isn’t enough – Global South asks SBTi to allow carbon credits against Scope 3

Published 20:43 on September 24, 2024  /  Last updated at 11:19 on September 25, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

A group of Global South community-based climate organisations is calling on the Science Based Targets Initiative (SBTi) to allow companies to use carbon credits to offset their Scope 3 emissions, they announced on Tuesday.

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Polish climate plans held back by steel’s slow transition

Published 20:01 on September 24, 2024  /  Last updated at 19:54 on September 24, 2024  / /  EMEA, EU ETS

A not-so-mature transition of the Polish steel industry is slowing decarbonisation in the country and in the EU, according to analysts who are urging Warsaw to “make a decision now, not later”.

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UK authority seeks views on proposed technical amendments to ETS

Published 19:43 on September 24, 2024  /  Last updated at 19:43 on September 24, 2024  / /  EMEA, UK ETS

The UK ETS Authority announced this week a series of proposed technical and operational amendments to the market, with a consultation now open until mid-October on the changes.

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European CO2 storage body could mitigate CCS risks -report

Published 19:37 on September 24, 2024  /  Last updated at 19:37 on September 24, 2024  / /  EMEA

The risks of geological carbon storage could be mitigated by more government involvement, EU-set CO2 purity standards, and third-party verifiers, according to an environmental research institute.

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Airlines face ‘eye watering’ net zero bill, CORSIA just 1% of the transition cost, says industry group

Published 18:57 on September 24, 2024  /  Last updated at 18:57 on September 24, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Voluntary

Airlines can meet net zero by 2050 but the transition bill will hit $4.7 trillion and need policy intervention, according to industry group IATA, with the CORSIA costs to account for only a fraction of the total.

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IATA to offer CORSIA-eligible carbon credits to airlines at special Q4 event

Published 18:12 on September 24, 2024  /  Last updated at 18:12 on September 24, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, South & Central, Voluntary

Airlines will be able to buy carbon credits eligible for CORSIA Phase 1 at a special event hosted by industry association IATA in the final quarter of the year, the industry association announced Tuesday, also publishing an update to its net-zero roadmap for the sector.

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CWNYC24: Standards body, US investment bank partner to advance GHG, plastic reduction efforts

Published 18:00 on September 24, 2024  /  Last updated at 17:37 on September 24, 2024  /  Americas, Nature-based, US, Voluntary

A major standards body and a large US investment bank have agreed to collaborate in advancing environmental markets and developing innovative financial solutions that specifically target greenhouse gas and plastic waste reduction initiatives.

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Carbon Pulse bolsters global reporting teams with fresh hires, promotions

Published 17:52 on September 24, 2024  /  Last updated at 17:52 on September 24, 2024  / /  Africa, Americas, Asia Pacific, Australia, Bavardage, EMEA, International, Mexico, Middle East, South & Central, US, Voluntary

Carbon Pulse has strengthened its regional news reporting teams with three new hires and two internal promotions.

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