DATA DIVE: EU industrial demand destruction continues in 2024
Industrial emission levels in the EU are plunging to new lows in 2024 as weak output has continued to reduce demand for EUAs in a major way more than two years after the energy crisis triggered by Russia’s invasion of Ukraine.
Read MoreEU releases draft rules to calculate GHG savings from low-carbon fuels, hydrogen
The European Commission launched a public consultation Friday on the methodology to calculate the greenhouse gas savings obtained from low-carbon fuels such as hydrogen, taking into account a range of factors such as the carbon intensity of a country’s electricity grid.
Read MoreGerman non-profit, Swiss foundation buy first nature units from project in Malawi
A German non-profit and a Swiss foundation have purchased the first batch of nature units generated from a conservation project in Malawi.
Read MoreDuo seeks to slash livestock farming emissions with seaweed additives in Japan
A Tokyo-based microalgae solution provider has teamed up with an Australian company to promote seaweed-added feed additives, in the hope of decarbonising Japan’s livestock sector.
Read MoreAzerbaijan applies to host 2026 biodiversity COP
Azerbaijan has officially submitted a bid to host the COP17 UN biodiversity summit, as the country prepares for the COP29 climate conference in Baku later this year, the government announced on Monday.
Read MoreANALYSIS: China steel sector braces for carbon market, capacity policies
The decarbonisation progress of China’s steel industry in the coming few years will likely hinge on recent regulatory developments, including the expansion of the national carbon market, according to experts.
Read MoreINTERVIEW: ‘We never liked CBAM’ – Europe’s aluminium industry rails against EU green trade policies
The aluminium industry is grappling with implementation headaches linked to the EU’s Carbon Border Adjustment Mechanism (CBAM) just as Europe is being flooded by cheap aluminium imports from China, amid general indifference from EU trade authorities, the sector’s business association told Carbon Pulse in an interview.
Read MoreAgricultural companies short on board-level biodiversity expertise, expert says
Not enough companies linked to the agricultural supply chain have board-level expertise in biodiversity, despite the surge in nature commitments, according to an executive at Morningstar Sustainalytics.
Read MoreCOP partnership seen to open up climate opportunities for Australia, Brazil
Opportunities for closer cooperation on natural capital, decarbonisation, and carbon markets between Australia and Brazil could be on the horizon if the latter is successful at securing its bid to host COP31 in 2026, panellists told an event Friday.
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