China’s transformation plan may discourage new coal, report says

Published 08:02 on October 1, 2024  /  Last updated at 08:02 on October 1, 2024  / /  Asia Pacific, China

China’s transformation strategy for coal-fired power plants could help drive a phase-out of the fossil fuel, given that co-firing and carbon storage approaches remain costly, a report has argued.

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Australian Cassowary Credit methodology, standard put out for consultation

Published 06:12 on October 1, 2024  /  Last updated at 06:12 on October 1, 2024  / /  Asia Pacific, Australia, Biodiversity

The market regulator overseeing Australia’s reef credit scheme has published a draft Cassowary Credit standard and Rainforest Replanting methodology for a 30-day consultation, it announced Tuesday.

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Most private equity firms receive near-failing grades on climate action in 2024 scorecard

Published 05:01 on October 1, 2024  /  Last updated at 16:05 on September 25, 2024  / /  Americas, Asia Pacific, EMEA, International, US, Voluntary

A scorecard ranking private equity firms on their climate impact paints a grim picture, with most major players receiving near-failing grades.

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CP Daily: Monday September 30, 2024

Published 04:58 on October 1, 2024  /  Last updated at 05:02 on October 1, 2024  /  Newsletters

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

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CWNYC24: RGGI’s proposed updates could split regional power market -experts

Published 04:40 on October 1, 2024  /  Last updated at 04:40 on October 1, 2024  / and /  Americas, US

The proposed updates from RGGI states could divide the regional power market into trading zones each with a different emissions cap and separate allowance types, a panel of experts discussed at Climate Week NYC last week.

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NZ government lays out its climate, ETS agenda for the rest of the year

Published 03:13 on October 1, 2024  /  Last updated at 03:13 on October 1, 2024  / /  Asia Pacific, New Zealand

The New Zealand government has announced the next steps it intends to take on emissions trading, forestry, and agriculture-related measures, in its latest quarterly action plan published Monday.

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EU carbon prices to face more bearish “headwinds” before turnaround by 2026 -analysts

Published 02:17 on October 1, 2024  /  Last updated at 02:17 on October 1, 2024  /  EMEA, EU ETS

European carbon prices will continue to face bearish “headwinds” that will extend into next year, but will start to see a turnaround by 2026, analysts said Monday.

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RGGI Market: Third Program Review proposals hold more questions than answers

Published 01:43 on October 1, 2024  /  Last updated at 04:43 on October 1, 2024  / and /  Americas, US

RGGI Allowances (RGAs) in the secondary market continued to slide through the week after the release last Monday of the long-awaited Third Program Review proposed changes, with traders expecting further pressure on prices.

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*Carbon NBS Specialist/Manager, NatureCo – Australia/Asia Pacific/Worldwide

Published 01:12 on October 1, 2024  /  Last updated at 01:12 on October 1, 2024  /  Job Postings

*PREMIUM LISTING – As we are entering a growth phase, we are seeking an experienced Carbon NBS Specialist/Manager to lead the technical development of our projects and support the management of operational teams.

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Washington’s cap-and-invest participation continues to increase despite programme repeal risks

Published 01:06 on October 1, 2024  /  Last updated at 01:06 on October 1, 2024  / /  Americas, US

The number of entities registered with active accounts in Washington’s cap-and-trade programme once again increased in an early look at Q3 data, despite the lack of clarification from the regulator regarding the worth of allowances if the scheme is repealed through the ballot initiative.

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