US tech giant inks another carbon removals deal
A US-based tech giant has inked another deal to purchase CO2 removal credits, this time from a California-headquartered carbon-negative power company.
Read MoreEuro Markets: EUAs extend losses as jump in speculative net shorts fails to trigger squeeze
EU carbon prices fell for the fourth time in the last five days as sellers continued to dominate, despite a second strong build in speculative short positions that had prompted some participants to predict a short squeeze, while energy markets continued to see-saw in response to conflicting pressures of bearish demand, healthy storage levels, and continuing concerns over longer-term supply.
Read MoreDecarbonising the EU’s energy-intensives is still tough business, economists say
Energy intensive industries continue to face obstacles on their road to decarbonisation, according to economists from the European Central Bank (ECB), who raised concerns about the next phase of EU emissions trading.
Read MoreINTERVIEW: Biodiversity credit company seeks to challenge Romanian govt over EU payments
A company overseeing a biodiversity credit pilot in Romania is seeking to show the government how its use of EU environmental payments is incentivising the degradation of hay meadows, Carbon Pulse has learned.
Read MoreFrontier strikes $4.5 mln in pre-purchase deals for carbon removals
The buyers club Frontier has facilitated its fourth round of carbon removal (CDR) pre-purchases, with $4.5 million spent on credits from nine project developers, including first-of-their-kind deals in India and Africa.
Read MoreBRIEFING: SBTi paves way for carbon removals under corporate net-zero standard in ‘cryptic’ update
The Science Based Targets initiative (SBTi) published an update Wednesday that experts saw as opening the door for corporates to use removals as part of carbon neutralisation claims under the organisation’s net-zero standard.
Read MoreOver 650 UK farms have their soil carbon audited in ‘largest’ assessment yet
Over 650 UK farms have been assessed in the “largest and most thorough” baseline of environmental farm performance in the UK, in an effort to standardise a confusing landscape of processes for collecting the data, according to a report published on Wednesday.
Read MorePylons and crickets: Expert reveals bioacoustics challenges
Bioacoustics, an emerging technology using sound recordings to monitor wildlife, can be useful to support human ecologists but should not be considered as a replacement for on-site observation, an industry insider said on Tuesday.
Read MoreDomestic carbon removal markets risk missing out on developing world’s potential -experts
The more government policies focus on developing their domestic carbon removals rather than a global market for credits, the less opportunity there will be to tap into the biggest potential in the world – often in developing countries that have less need to cut emissions, according to experts.
Read MoreBanks to sell Puro carbon removals to clients
Two banks have announced they will sell carbon removals issued under the Puro standard to their clients in a bid to ramp up liquidity in the nascent market.
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