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CN Markets: November sees highest monthly trading volume this year as deadline looms
Prices in China’s national emissions market remained stable over the past week as trading volume surged, with analysts expecting liquidity to sustain throughout the rest of the year. Read MoreTop
Verra suspends issuances from six ARR carbon projects in India, China
International carbon standard Verra has suspended credit issuance from six afforestation projects in India and China, and placed them on hold following stakeholder comments. Read MoreTop
INTERVIEW: Modular DAC developer hopes to cut costs and operate in urban areas
Modular direct air capture (DAC) systems designed to operate in cities and industrial sites could drive down costs and expand the technology's use beyond rural areas, an executive at a US-based DAC company has told Carbon Pulse. Read MoreTop
Chinese energy giants establish industry consortium for CCUS development
Two state-owned Chinese energy majors are leading a new industry alliance set up to accelerate the development and commercialisation of carbon capture, utilisation, and storage (CCUS) in the country. Read MoreTop
UK consults on including maritime emissions, non-pipeline CCS in ETS
The UK government on Thursday launched a consultation on further changes to the UK ETS, including the expansion of the market to cover maritime shipping emissions, and on proposals for regulations that would allow permanent storage CO2 via non-pipeline methods to be subtracted from reportable emissions. Read MoreTop
ICVCM to delay cookstoves carbon credit decision until 2025 amid "complex" discussions
The decision over which cookstove methodologies will be eligible for the Core Carbon Principle (CCP) high-integrity badge is set to be delayed until next year amid ongoing “complex discussions involving many stakeholders”, the Integrity Council for the Voluntary Carbon Market (ICVCM) told Carbon Pulse. Read MoreTop
High cost of carbon removals may conflict with energy security, economic pressures -report
The high cost of engineered carbon removals may come increasingly at odds with government priorities to ensure energy security and affordability, requiring greater international cooperation in developing the novel technologies and reducing reliance on them, a research paper warned on Thursday. Read MoreTop
Bulgaria plans to restart two units at coal-fired power plant
The Bulgarian government plans to restart two 227 MW units at one of the largest coal power plants in the region, the Balkan country’s energy ministry announced. Read MoreTop
INTERVIEW: Startup to help decarbonise UK gas grid by injecting carbon-negative biomethane
A climate tech startup is partnering with a British utility to explore decarbonising the gas grid through injecting carbon-negative biomethane, looking to support the UK's objective of achieving net zero. Read MoreTop
Container ships have not become more energy efficient in years, NGO data reveals
Europe’s container ships have not improved their energy efficiency in six years, despite it being one of the easier options to reduce emissions in the sector, according to NGO analysis published on Thursday. Read MoreTop
UK pledges nearly £2 bln for development, on heels of new global climate finance goal
The UK will put £1.98 billion over three years into the World Bank's fund for the lowest-income countries, which the government said will unlock large volumes of investment from the private sector and other sources. Read MoreTop
Peru publishes decree aligning national climate strategy with net zero, promotes forest land titling, REDD+
The president's office in Peru has issued a supreme decree that seeks to enshrine into law a new national climate strategy, aligning it with 2050 net zero plans and carving out a major role for REDD+ avoided deforestation and carbon finance. Read MoreTop
Push from EU countries to loosen auto decarbonisation plans fails to gain traction
Seven countries, led by Italy, are calling on the EU to hit the brakes on decarbonisation policies that might damage the bloc's automotive sector, according to a document seen by Carbon Pulse ahead of a presentation to EU ministers on Thursday. Read MoreTop
EU approves Sweden request to extend ETS2 to new sectors
The European Commission on Wednesday approved Sweden's request to unilaterally extend the scope of its Emissions Trading System for heating and transport fuels (ETS2) to new sectors, including railways, and vehicles used in agriculture, forestry, and fishing. Read MoreTop
