Emissions from the wealthiest 1% would exhaust global carbon budget in five months if matched worldwide -report

Published 16:15 on October 28, 2024  /  Last updated at 00:57 on October 29, 2024  / /  Americas, EMEA, International

The global carbon budget would be exhausted in under five months if everyone emitted carbon at the same rate as the world’s wealthiest 1%, according to a report published on Monday.

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EU states can impose national carbon pricing mechanisms alongside ETS2 -lawyer

Published 16:00 on October 28, 2024  /  Last updated at 16:00 on October 28, 2024  /  Carbon Taxes, EMEA, EU ETS

EU member states will be legally permitted to introduce or maintain their own national carbon pricing mechanisms alongside the bloc’s soon-to-be-launched emissions trading system for buildings and road transport (EU ETS2).

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Chief Commercial Officer, CarbonPool – Zurich

Published 15:46 on October 28, 2024  /  Last updated at 15:46 on October 28, 2024  /  Job Postings

CarbonPool is seeking an experienced Chief Commercial Officer to be based at its head office in Zurich (though commuting may be possible).

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Scientists warn heat is making more of the planet unlivable, offer key insights

Published 15:18 on October 28, 2024  /  Last updated at 15:18 on October 28, 2024  / /  Climate Talks, International

Scientists have warned that rising temperatures are making the planet increasingly uninhabitable and pushing the Amazon to the brink of large-scale collapse, offering 10 climate insights and possible ways forward, in a report published on Monday.

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COP16: BRIEFING – IAPB framework unlikely to prevent international offsetting unless governments step in

Published 15:00 on October 28, 2024  /  Last updated at 17:47 on October 25, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

Governments need to take urgent action to avoid perverse uses of biodiversity credits, including cross-border offsetting, as the International Advisory Panel on Biodiversity Credits (IAPB) believes its newly launched framework alone won’t be a sufficient safeguard, its co-chairs told Carbon Pulse.

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COP16: International panel releases framework for biodiversity credit markets

Published 15:00 on October 28, 2024  /  Last updated at 17:39 on October 25, 2024  / and /  Americas, Asia Pacific, Biodiversity, EMEA

An influential panel led by the UK and France on Monday released its long-awaited framework to steer and scale the development of high integrity biodiversity markets, advising against secondary markets transactions and ruling out the use of non-local credits for offsetting except for contribution purposes.

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UAE pilot project makes cleaner steel from renewable hydrogen

Published 14:57 on October 28, 2024  /  Last updated at 14:57 on October 28, 2024  / /  EMEA, Middle East

The United Arab Emirates’ state-owned renewable energy developer and a steel company have completed a pilot project demonstrating the potential for using green hydrogen to produce cleaner steel, they announced on Monday.

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Uzbekistan sets groundwork for entry into international carbon markets

Published 14:53 on October 28, 2024  /  Last updated at 14:53 on October 28, 2024  / /  EMEA, Paris Article 6

A two-day seminar organised by a global financial institution and Uzbekistan’s economy ministry discussed the Central Asian country’s participation in international carbon markets, local media reported.

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INTERVIEW: “We can be first movers on CCS” says EU fertiliser industry

Published 13:46 on October 28, 2024  /  Last updated at 01:00 on October 29, 2024  / /  EMEA, EU ETS

The European fertiliser industry has made strides on climate in the last 20 years, cutting emissions by nearly 50% since 2005. To tackle the remaining half, two options are available – but neither are cheap or easy, the sector’s EU trade association told Carbon Pulse in an interview.

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Two Finnish firms partner to test carbon nanofibers in concrete

Published 13:20 on October 28, 2024  /  Last updated at 13:20 on October 28, 2024  / /  EMEA, EU ETS, Voluntary

Two Finland-based low-carbon technology companies have signed a commercial agreement to evaluate how carbon nanofibers might improve the strength of concrete and lower its carbon emissions, the firms announced on Monday.

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