World’s first cross-border CO2 storage site opens for business in Denmark
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.
Read MoreMethane emissions continue to grow, threatening pledges and Paris commitments, report finds
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.
Read MoreFrench utility sees depressed EU carbon prices until end 2024
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.
Read MoreCarbon Analyst, Redshaw Advisors – London
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.
Read MoreAnalysts see China’s average carbon price reach 100 yuan/tonne by 2030 as coverage expands
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.
Read MoreUPDATE – Tech firm delays launch of biodiversity credit framework due to market uncertainties, completes seed funding round
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.
Read MoreArticle 6 needs EU leadership at COP29, urges carbon project developer
A carbon project developer has urged the EU to “resume its leadership position” on international carbon markets at COP29, citing the disappointment of last year’s UN climate summit in Dubai, at a conference in Berlin on Tuesday.
Read MoreInvestors must strengthen approach to protected biodiversity areas -UN report
Investors should adopt a specific strategy when investing near areas with protected biodiversity, charity ShareAction and the UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC) said in a report published on Tuesday.
Read MoreUK pension fund buys stake in nature asset manager
A UK local government pension fund has acquired a minority stake in an asset manager specialising in curbing corporate exposure to nature-related risks, the organisations announced Monday.
Read MoreDAC developer raises €6.75 mln seed round to support facilities in Germany
A developer of direct air capture and storage (DACS) has raised a €6.75 million seed round including grants to support the build-out of direct air capture testing and development facilities in Germany, as well as to develop its first industrial product, it announced on Tuesday.
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