Decarbonisation funding from US private sector slows -Treasury official

Published 00:35 on September 19, 2024  /  Last updated at 01:05 on September 19, 2024  / /  Americas, US

Investment from the US private sector towards decarbonisation has slowed since 2022, a US treasury official said Wednesday, calling on firms to finance technologies to reduce emissions from the shipping and industrial sectors.

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Alberta TIER emissions rise as usage of offsets, EPCs for compliance reaches all-time high in 2023

Published 00:26 on September 19, 2024  /  Last updated at 02:02 on September 19, 2024  / /  Americas, Canada, Voluntary

Higher emissions in 2023 under Alberta’s Technology Innovation and Emission Reduction (TIER) programme resulted in increased usage of offsets and emission performance credits (EPCs), according to a compliance report published Monday.

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Global solar installations smash expectations, rising almost a third year-on-year

Published 00:01 on September 19, 2024  /  Last updated at 16:53 on September 18, 2024  / /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, EU ETS, International, Japan, Mexico, Middle East, New Zealand, South Korea, Switzerland, US

Global solar installations exceeded most industry forecasts in 2024, with 593 GW expected to be added by the end of the year, according to analysis by a global energy think tank.

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Ocean carbon sink vital for both climate health and global wealth, new research finds

Published 23:57 on September 18, 2024  /  Last updated at 23:57 on September 18, 2024  /  Americas, Asia Pacific, China, EMEA, International, Nature-based, Other APAC, US, Voluntary

The ocean’s ability to absorb CO2 is not only vital for mitigating climate change, but also crucial for enhancing global wealth and reducing the cost of national climate policies, according to a new study.

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BRIEFING: Brazilian voluntary carbon market will support, not drive, race to net zero

Published 23:28 on September 18, 2024  /  Last updated at 23:35 on September 18, 2024  / /  Americas, International, Nature-based, South & Central, Voluntary

Brazil’s voluntary carbon market (VCM) will play a role in mitigation efforts if it is able to attract large-scale investment – but even then, it may not channel sufficient climate finance and reduce enough emissions to be an engine of net zero on either a global or national scale.

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Airline passengers willing to pay extra 11% to offset flight emissions, survey finds

Published 22:58 on September 18, 2024  /  Last updated at 23:00 on September 18, 2024  /  Aviation/CORSIA, International, Voluntary

Airline passengers are increasingly willing to accept additional costs and time commitments to reduce the environmental impact of their flights, for example paying an extra 11% for offsets, according to a new survey.

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ACX, Brazilian stock exchange launch domestic carbon registry

Published 21:32 on September 18, 2024  /  Last updated at 21:32 on September 18, 2024  / /  Americas, Nature-based, South & Central, Voluntary

A new registry launched Wednesday for Brazilian carbon projects, announcing its first transaction at the Brazil Climate Summit in New York.

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US university expands legal resources to address rise in carbon offset lawsuits

Published 21:26 on September 18, 2024  /  Last updated at 22:33 on September 18, 2024  /  Americas, Bavardage, US, Voluntary

As the voluntary carbon credit industry has grown, so has the number of related lawsuits, prompting one US university to expand its legal resources to address this trend.

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Rising underground coal mining will drive up India’s fugitive methane emissions, report says

Published 19:30 on September 18, 2024  /  Last updated at 06:24 on September 17, 2024  / /  Asia Pacific, Other APAC

India’s methane emissions from coal mining could double should it expand its domestic industry in order to reduce reliance on imports and feed its increasingly demanding power and steel sectors, a think tank has found.

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US tech giant inks another carbon removals deal

Published 19:27 on September 18, 2024  /  Last updated at 19:54 on September 18, 2024  /  Americas, Nature-based, US, Voluntary

A US-based tech giant has inked another deal to purchase CO2 removal credits, this time from a California-headquartered carbon-negative power company.

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