Poland aims for 56% renewables in electricity mix by 2030

Published 16:07 on September 6, 2024  /  Last updated at 16:07 on September 6, 2024  / /  EMEA, EU ETS

Poland will aim for a 56% share of renewable energy in its electricity mix by 2030, according to the climate ministry, who announced a new target was revealed in the draft of the National Energy and Climate Plan (NECP) this week.

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RGGI auction races to another record clear with strong compliance bid

Published 15:45 on September 6, 2024  /  Last updated at 03:40 on September 7, 2024  / /  Americas, US

The Q3 RGGI auction cleared at a new all-time high, with compliance buyers scooping up two-thirds of the permits offered, results posted Friday showed.

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Experts call for COP16 to address Amazon crimes destroying nature

Published 14:59 on September 6, 2024  /  Last updated at 14:59 on September 6, 2024  / /  Americas, Biodiversity, International, South & Central

Experts on the Amazon have urged action from politicians at the COP16 conference to combat the policies fuelling demand for products from activities like gold mining that are driving biodiversity loss.

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Investors should start with materiality when addressing Scope 3 emissions -report

Published 14:48 on September 6, 2024  /  Last updated at 14:48 on September 6, 2024  / /  EMEA, International, UK ETS, Voluntary

Financiers should adopt a materiality-based approach when addressing the Scope 3 emissions of assets, according to a report published this week.

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Analysts propose carbon clearing house to support integration of carbon removals in UK ETS

Published 14:08 on September 6, 2024  /  Last updated at 14:08 on September 6, 2024  / /  EMEA, UK ETS

In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a ‘Carbon Clearing House’, to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.

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Wetland restoration project in Italy to sell biodiversity tokens, two European companies to buy

Published 13:39 on September 6, 2024  /  Last updated at 13:39 on September 6, 2024  / /  Biodiversity, EMEA, International

A wetland restoration project in Italy is set to generate the first batch of tokenised biodiversity credits, with two large European companies ready to buy them, Carbon Pulse has learned.

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INTERVIEW: Navigating the imminent CORSIA carbon credit supply crunch

Published 13:36 on September 6, 2024  /  Last updated at 13:36 on September 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International, Nature-based, Voluntary

As the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) entered its first phase in 2024, airlines are grappling with an imbalance in the supply and demand of carbon credits – a challenge that could well continue into the second phase, according to one expert.

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VCM MONTHLY DATA: Olympics lift August voluntary carbon retirements to break seasonal trend

Published 13:35 on September 6, 2024  /  Last updated at 13:35 on September 6, 2024  / /  Americas, Asia Pacific, Data Dive, EMEA, International, Nature-based, Voluntary

Credit retirements across the four main registries in the voluntary carbon market saw an unseasonal boost in August, driven by strong activity from the Paris 2024 Olympic and Paralympic Committee.

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Higher emissions and EU carbon prices if no CBAM solution is found for UK power exports to EU -analysts

Published 13:20 on September 6, 2024  /  Last updated at 13:20 on September 6, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, UK ETS

EU emissions and carbon prices could rise as a result of the bloc’s Carbon Border Adjustment Mechanism (CBAM), causing a reduction in power flows from the UK to the EU, according to scenarios modelled by an energy analytics firm.

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Indian developer signs Ghana deal for Paris-aligned cookstoves carbon project

Published 11:49 on September 6, 2024  /  Last updated at 11:49 on September 6, 2024  / /  Asia Pacific, EMEA, International, Other APAC, Paris Article 6, Voluntary

An Indian developer has partnered with the government of Ghana and a Singapore-based asset management fund for the production and distribution of 1 million improved cookstoves across the African nation over the next five years, the company announced this week.

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