Australian cattle body seeks to exempt agricultural lands from EU deforestation rules

Published 13:00 on September 16, 2024  /  Last updated at 13:00 on September 16, 2024  / /  Asia Pacific, Australia, Biodiversity, EMEA

An Australian cattle industry lobby group has released its definition of deforestation, in an attempt to seek exemptions for agricultural lands from upcoming EU rules.

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China releases emissions accounting rules for cement, aluminium sectors

Published 10:43 on September 16, 2024  /  Last updated at 10:43 on September 16, 2024  / /  Asia Pacific, China

China has revamped the emissions accounting guidelines for domestic cement and aluminium sectors, as the country is set to include the two industries in its emissions trading scheme this year.

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Australia consults on ACCU Scheme transparency changes

Published 09:29 on September 16, 2024  /  Last updated at 09:29 on September 16, 2024  / /  Asia Pacific, Australia

The federal government Monday published an exposure draft for consultation on transparency changes to the Australian Carbon Credit Unit (ACCU) Scheme.

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Internal audit reveals ongoing integrity concerns with the Clean Energy Regulator

Published 08:19 on September 16, 2024  /  Last updated at 08:19 on September 16, 2024  / /  Asia Pacific, Australia

An audit of the Clean Energy Regulator (CER) has found weak governance practices regarding internal conflicts of interest (COI) within the organisation, according to documents published Monday, issues that critics continue to say are indicative of much broader problems with Australia’s carbon market. 

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China thermal power increases in August, though slower than renewables growth

Published 05:37 on September 16, 2024  /  Last updated at 05:37 on September 16, 2024  / /  Asia Pacific, China

China saw its domestic thermal power generation expand last month from a year earlier with increased coal output, but hydro and solar power production continued to post stronger annual growth.

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CP Daily: Friday, September 13, 2024

Published 02:26 on September 14, 2024  /  Last updated at 02:26 on September 14, 2024  /  Newsletters

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

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CFTC: Financials stick with V25 CCA thesis, RGGI slides into shoulder season

Published 01:58 on September 14, 2024  /  Last updated at 01:58 on September 14, 2024  / and /  Americas, Canada, US

Financial entities continued to bolster V25 California Carbon Allowance (CCA) holdings, reducing exposure to V24s over the week, while traders tempered RGGI net length as shoulder season weakness set in, according to data from the US Commodity Futures Trading Commission (CFTC).

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US appeals court gives EPA go-ahead to justify interstate air pollution regulation

Published 00:55 on September 14, 2024  /  Last updated at 00:55 on September 14, 2024  / /  Americas, US

A US federal appeals court on Thursday instructed the Environmental Protection Agency (EPA) to respond to the concerns of the Supreme Court (SCOTUS) and petitioners who effectively halted the regulator’s scheme to reduce interstate air pollution.

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EPA issues violation notice to Illinois CO2 injection operation due to leak

Published 00:23 on September 14, 2024  /  Last updated at 00:23 on September 14, 2024  / /  Americas, US, Voluntary

The US Environmental Protection Agency (EPA) has notified a large-scale carbon injection project in Illinois it has violated its operating permit following a CO2 leak that occurred in 2023, according to documents shared with Carbon Pulse.

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California state Republicans propose bills to reform LCFS, cap-and-trade

Published 00:20 on September 14, 2024  /  Last updated at 00:20 on September 14, 2024  / /  Americas, RINs & LCFS, US

California Republicans have introduced legislation to exempt gas from the state’s cap-and-trade scheme, as well as freeze impending amendments to the Low Carbon Fuel Standard (LCFS), with the overall aim to reduce retail gasoline prices.

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