Davos 2024: US Energy Transition Accelerator offers a key tool to meeting goal to triple renewables by 2030 -Kerry
The US-led Energy Transition Accelerator (ETA) jurisdictional carbon crediting mechanism to phase out coal globally could be a key lever to helping reach the goal to triple renewables to at least 11,000 GW globally by 2030, said outgoing US climate envoy John Kerry in Davos on Wednesday.
Read MoreUS DOE offers $2.5 bln carbon management funding opportunities
The US Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) on Thursday released closing dates on available funding for carbon projects, with deadlines as early as Friday.
Read MoreCOP28: Brazil joins OPEC+, argues for climate cooperation, offers 900 new oil blocks
Brazil will open the largest oil and gas block auction in its history on Tuesday, a move campaigners find highly hypocritical as the COP28 summit negotiations struggle to agree on phasing out fossil fuels globally even as the South American nation touts its climate leadership.
Read MoreCleaner mining offers emissions benefit for Australia -science body
A wide ranging report on the opportunities for decarbonisation in Australia by its peak scientific body released Friday found the mining sector could be one of the earlier cabs off the rank.
Read MoreUS airline offers SAF and offset credits to passengers
A US airline announced a partnership with with a Software-as-a-Service (SaaS) firm offering customers the option to purchase credits against flight emissions, in a press release on Friday.
Read MoreAustralia Market Roundup: Australia offers Tuvalu right to resettle in Australia, analyst says ACCU short can be managed
Prime Minister Anthony Albanese has announced a pact with low-lying Pacific Island nation Tuvalu to allow residents facing worsening climate change impacts the option to resettle in Australia.
Read MoreUNDP offers to support design of ‘turtle certificates’ in African island nation
The UN Development Programme (UNDP) will support investors interested in developing or buying “turtle certificates” to support conservation in Central Africa, an executive has said.
Read MoreCutting methane emissions offers vast climate win at low cost -IEA
Much of the methane emitted today as part of fossil fuel production could be avoided, limiting the warming gases emitted into the environment and helping to keep global temperatures below 1.5C above pre-industrial times, the International Energy Agency (IEA) said Wednesday.
Read MoreWashington offers lower current vintage auction volume in last quarterly sale of 2023
Washington’s Department of Ecology (ECY) reduced the volume of current vintage allowances on offer at its December auction compared to the Q3 sale, while also tendering future vintage allowances, according to a notice published Friday.
Read MoreUAE offers to host UN climate summit in 2024, with fossil fuel firms poised to ramp up carbon capture and net zero targets
The UAE has offered to host the annual UN climate summit for a second consecutive year with Russia blocking Armenia and Azerbaijan’s proposals for the 2024 event, according to media reports, as the Middle Eastern nation’s state oil company doubles its carbon capture goal.
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