Developing new oil and gas fields can help cut emissions, Wood Mackenzie argues
New oil and gas fields are less carbon-intensive than old ones because they use state-of-the-art technology, providing significant decarbonisation gains, consultancy Wood Mackenzie said in a new report published on Thursday.
Read MoreNew tool to offer customisable climate risk analysis for investors
Investors can now customise how they analyse climate risks and portfolio alignment with global temperature goals, thanks to a new reporting tool released on Thursday.
Read MoreGhana Article 6.2 cookstoves project accused of over-crediting by up to 79%
A Swiss NGO has alleged that a clean cooking project developed under a bilateral agreement between Ghana and Switzerland is using assumptions that inflate issuances of credits generated under Article 6.2 of the Paris Agreement, known as Internationally Transferred Mitigation Outcomes (ITMOs).
Read MoreLeading project developers urge SBTi to listen to Global South and allow credits for Scope 3 mitigation
Project developers are urging the SBTi to listen to the Global South and allow credits to be used for Scope 3 emission targets to strengthen the voluntary market.
Read MoreCOP29: Business coalition calls for clear commitment to transition away from fossil fuels
More than 260 companies have signed a letter outlining what is needed to expedite the shift away from fossil fuels, urging negotiators to tighten up texts at the COP29 global climate summit, underlining that policy clarity is crucial for private sector support.
Read MoreTexas DAC hub to run solely on wind power
Two project developers announced on Thursday the construction of a direct air capture (DAC) facility to be run entirely on wind power and stored onsite using geological storage in central Texas.
Read MoreCOP29: Oil companies lobbying at climate negotiations tied to 17 mln deaths since Paris, NGO says
Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 million heat deaths, according to new analysis released on Thursday.
Read MoreCOP29: Fossil fuels transition dropped from hollowed-out deal on emission reductions
Large, heavy-emitting economies appear to be winning the battle over if and how the COP29 summit should push forward on last year’s landmark commitment to transition away from fossil fuels — raising alarm bells for many in Baku.
Read MoreINTERVIEW: AI-powered building optimisation can cut energy use by 20-30%
AI-powered building optimisation can boost energy efficiency by 20-30% at a fraction of traditional capital expenses, an executive at a Lithuanian proptech startup has told Carbon Pulse.
Read MoreNutrient credit partnership launches in UK with biodiversity net gain target
A partnership of local authorities in England soft-launched on Tuesday to scale delivery of nutrient mitigation credits, while exploring how to combine them with biodiversity net gain (BNG) units, following government investment.
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