Researchers use AI, satellite images to enhance forest carbon mapping

Published 23:39 on September 9, 2024  /  Last updated at 23:39 on September 9, 2024  /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Researchers have made advances in estimating forest carbon stocks by using artificial intelligence (AI) and satellite imagery, potentially transforming efforts to monitor and manage forest carbon globally.

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Global chemical company completes fourth divestiture in sale of methanol business

Published 22:42 on September 9, 2024  /  Last updated at 22:42 on September 9, 2024  / /  Americas, Canada, EMEA, US, Voluntary

A European-headquartered chemical company on Monday announced a $2.1 billion deal to sell its methanol subsidiary, completing its fourth divestment in the last 10 months.

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Carbon removal platform restructures, appoints CEO

Published 20:08 on September 9, 2024  /  Last updated at 20:08 on September 9, 2024  / /  Americas, Asia Pacific, EMEA, International, Voluntary

A carbon removal data platform has announced it has become a Public Benefit Corporation (PBC) and brought in a new CEO.

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Govt departments need to work better together for success in Article 6, says Ghana

Published 19:56 on September 9, 2024  /  Last updated at 19:56 on September 9, 2024  / /  Africa, EMEA, International, Paris Article 6, Voluntary

Countries hoping for success in Article 6 need to design government departments to work better together, a key figure in the development of Ghana’s Article 6 framework said on Monday.

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Qatar-based carbon registry announces large issuance to South American renewables project

Published 19:44 on September 9, 2024  /  Last updated at 19:44 on September 9, 2024  / /  Americas, EMEA, Middle East, South & Central, Voluntary

A carbon registry headquartered in Qatar has announced its first issuance of 800,000 units to a South American renewable energy project.

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DATA DIVE: Half of voluntary carbon credits retired this year are at least five years old

Published 18:07 on September 9, 2024  /  Last updated at 18:07 on September 9, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Half of credits retired from the four main registries of the voluntary carbon market this year are at least five years old, according to new data analysis from Carbon Pulse.

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Portugal reinstates carbon tax as it seeks EU-recommended emission cuts -media

Published 17:51 on September 9, 2024  /  Last updated at 17:51 on September 9, 2024  / /  EMEA, EU ETS

The Portuguese government has unfrozen a tax on CO2, previously suspended, in an attempt to reduce its greenhouse gas emissions and obey recommendations by the European Commission, national media reported on Monday.

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Euro Markets: EUAs little changed as dip-buying meets continued selling interest

Published 17:45 on September 9, 2024  /  Last updated at 09:32 on September 10, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices fluctuated in line with natural gas prices on Monday, ending the session almost unchanged as selling interest in the afternoon capped earlier gains, though participants reported an uptick in dip-buying.

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VCM Report: Voluntary carbon market stalls, ICVCM board fails to meet at the end of August

Published 17:33 on September 9, 2024  /  Last updated at 17:33 on September 9, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

Thin liquidity continued to plague the voluntary carbon market last week although news of some big ticket tenders brightened the outlook.

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UK spends £250 mln monthly on electricity imported from Europe -report

Published 16:53 on September 9, 2024  /  Last updated at 12:12 on September 10, 2024  / /  EMEA, UK ETS

The UK is importing electricity from Europe at record levels, with the country now spending over £250 million each month, according to new analysis commissioned by power producer Drax. 

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