Marketplace partners with tech firm to boost transparency in carbon removal with MRV data

Published 13:47 on September 10, 2024  /  Last updated at 13:47 on September 10, 2024  / /  EMEA, Voluntary

A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.

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Global Carbon Council consults on Article 6.2 eligibility standard

Published 13:30 on September 10, 2024  /  Last updated at 13:30 on September 10, 2024  / /  Aviation/CORSIA, EMEA, International, Middle East, Paris Article 6, Voluntary

The Global Carbon Council (GCC) has opened a public consultation on regulatory documents devised for GCC 2.0 – the body’s new standard that will govern Article 6.2 eligibility of projects and their issuances.

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Land use sectors can do much better for EU climate goals, with the right policy push -study

Published 13:01 on September 10, 2024  /  Last updated at 13:39 on September 10, 2024  / /  EMEA, EU ETS

Agricultural emissions in the EU could fall by nearly two-thirds by 2050, but policies – possibly including a dedicated emissions trading scheme – are needed to drive the necessary shift, according to research published on Tuesday. 

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Oil major plans to make green hydrogen from a converted German refinery

Published 12:47 on September 10, 2024  /  Last updated at 12:47 on September 10, 2024  / /  EMEA

A major fossil fuel company has partnered with a professional services firm to repurpose a hydrocracking refinery in Germany into a base oil production unit and enable the production of renewable hydrogen, they announced on Tuesday.

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World’s first cross-border CO2 storage site opens for business in Denmark

Published 12:39 on September 10, 2024  /  Last updated at 12:39 on September 10, 2024  / /  Americas, Asia Pacific, EMEA, International

The world’s first cross-border carbon capture and storage scheme (CCS) is now open for business in the Danish waters of the North Sea, laying the groundwork to store up to 8 million tonnes of CO2 a year in the basin from 2030.

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Methane emissions continue to grow, threatening pledges and Paris commitments, report finds

Published 12:11 on September 10, 2024  /  Last updated at 12:11 on September 10, 2024  / /  Americas, Asia Pacific, EMEA, International

Methane emissions have risen 20% in the past two decades, a global report released this week has found, and threatens the goals of the Global Methane Pledge, which aims to reduce methane emissions by 30% by 2030 over 2020 levels.

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French utility sees depressed EU carbon prices until end 2024

Published 12:09 on September 10, 2024  /  Last updated at 12:09 on September 10, 2024  / /  EMEA, EU ETS

Healthy renewable and gas power supply in the EU is expected to mute demand for carbon allowances for the rest of the year, as the carbon market waits for updates from the new European Commission to help gauge its level of ambition, according to analysts at Engie. 

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Carbon Analyst, Redshaw Advisors – London

Published 12:04 on September 10, 2024  /  Last updated at 12:04 on September 10, 2024  /  Job Postings

We are seeking a skilled and analytical Carbon Analyst to join our Research and Development Team. In this role, you will be responsible for conducting research and analysis to support the development of carbon market strategies and initiatives, with a focus on compliance markets. You will work closely with the Trading Desk and Product teams to generate insights that drive growth in the carbon markets.

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Analysts see China’s average carbon price reach 100 yuan/tonne by 2030 as coverage expands

Published 11:51 on September 10, 2024  /  Last updated at 11:51 on September 10, 2024  / /  Asia Pacific, China

Chinese emissions permit prices could reach above 100 yuan ($14.05) on average by the end of this decade as the world’s largest compliance carbon market continues to include new sectors, a report has found.

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UPDATE – Tech firm delays launch of biodiversity credit framework due to market uncertainties, completes seed funding round

Published 11:42 on September 10, 2024  /  Last updated at 19:28 on September 11, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

A Switzerland-based digital carbon standard has decided to delay the takeoff of its biodiversity credit framework due to market uncertainties, expecting to launch the programme within the next 12-18 months.

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