Alberta invests C$2.8 mln to design waste-to-energy with CCS prototype

Published 23:34 on September 11, 2024  /  Last updated at 23:34 on September 11, 2024  / /  Americas, Canada, Voluntary

Alberta is investing C$2.8 million ($2.1 mln) to help design a municipal waste-to-energy facility with a carbon capture addition, the provincial government announced Tuesday.

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Iowa politicians ramp up opposition to CO2 pipeline

Published 22:00 on September 11, 2024  /  Last updated at 22:00 on September 11, 2024  / /  Americas, US, Voluntary

County supervisors in Iowa on Tuesday condemned the use of eminent domain for a proposed CO2 pipeline, while state Republicans announced plans to challenge the project’s approval.

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UPDATE – Second lowest clearance ever at Washington’s Q3 allowance sale

Published 21:27 on September 11, 2024  /  Last updated at 02:38 on September 12, 2024  / /  Americas, US

Washington’s Q3 current vintage auction settled nearly $3 below front-month futures prices in the secondary market the day prior to the sale, with buyers recoiling from the uncertainty surrounding the future of the state’s carbon market.

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Germany unveils long-awaited tender plans for new gas power plants

Published 20:30 on September 11, 2024  /  Last updated at 20:30 on September 11, 2024  / /  EMEA

The construction of 5 GW and modernisation of 2 GW of “hydrogen-ready” gas power plants could start being put out to tender in Q1 2025, the German government announced with a consultation launched on Wednesday.

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ANALYSIS: Talk isn’t cheap at the US presidential debate, as perceived risks shape compliance carbon markets

Published 20:02 on September 11, 2024  /  Last updated at 20:02 on September 11, 2024  / /  Americas, Canada, Carbon Taxes, EMEA, US, Voluntary

The first high-stakes US presidential debate between a swapped Democratic nominee and a Republican contender barely addressed environmental policy, yet some traders are factoring in potential volatility in compliance carbon markets before and after the November elections, adjusting positions based on perceived risks or opportunities.

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Funding initiative channels millions to Kenyan clean cooking firms

Published 19:37 on September 11, 2024  /  Last updated at 19:37 on September 11, 2024  / /  Africa, EMEA, Voluntary

An initiative that funds clean cooking in Africa has handed out a total €2.8 million in financing for Kenya-based organisations, it announced this week.

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DATA DIVE: Voluntary carbon projects have become better for biodiversity over time

Published 18:19 on September 11, 2024  /  Last updated at 15:06 on September 13, 2024  / /  Africa, Americas, Asia Pacific, Australia, Data Dive, International, Mexico, Nature-based, US, Voluntary

Nature-based voluntary carbon projects are becoming increasingly beneficial for biodiversity, according to new data from AlliedOffsets that has been shared with and analysed by Carbon Pulse.

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New lawmaker appointed to lead EU directive on green corporate claims

Published 17:53 on September 11, 2024  /  Last updated at 20:17 on September 11, 2024  / /  EMEA, Nature-based, Voluntary

A new member of the European Parliament from the left-wing Socialists and Democrats group (S&D) has been appointed to lead negotiations on the EU’s Green Claims Directive, which aims at tackling greenwashing and sets rules for the corporate use of voluntary carbon credits.

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Euro Markets: EUAs rally 2.3% as increase in funds’ net short triggers renewed buying

Published 17:24 on September 11, 2024  /  Last updated at 17:51 on September 11, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices rallied on Wednesday morning as weekly positioning data showed that investment funds more than doubled their net short positions last week, triggering a rally as traders looked to test the conviction of bearish bets.

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UPDATE: EU stocktake sees energy security improve, warns of poverty uptick

Published 16:56 on September 11, 2024  /  Last updated at 15:36 on September 12, 2024  / /  Climate Talks, EMEA, EU ETS

Despite an uptick in energy poverty, the EU is on track to ensure energy security, according to the European Commission’s latest annual assessment looking back at what has been achieved over the past year.

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