COP29: Business coalition calls for clear commitment to transition away from fossil fuels

Published 13:36 on November 21, 2024  /  Last updated at 13:36 on November 21, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Voluntary

More than 260 companies have signed a letter outlining what is needed to expedite the shift away from fossil fuels, urging negotiators to tighten up texts at the COP29 global climate summit, underlining that policy clarity is crucial for private sector support.

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Texas DAC hub to run solely on wind power

Published 13:01 on November 21, 2024  /  Last updated at 23:22 on November 20, 2024  / /  Americas, US, Voluntary

Two project developers announced on Thursday the construction of a direct air capture (DAC) facility to be run entirely on wind power and stored onsite using geological storage in central Texas.

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COP29: Oil companies lobbying at climate negotiations tied to 17 mln deaths since Paris, NGO says

Published 13:01 on November 21, 2024  /  Last updated at 13:01 on November 21, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA

Fossil fuel companies that have sent lobbyists to COP summits produced enough oil and gas since the 2015 Paris Agreement to cause 17 million heat deaths, according to new analysis released on Thursday.

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COP29: Fossil fuels transition dropped from hollowed-out deal on emission reductions

Published 12:44 on November 21, 2024  /  Last updated at 16:39 on November 21, 2024  / , , and /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International

Large, heavy-emitting economies appear to be winning the battle over if and how the COP29 summit should push forward on last year’s landmark commitment to transition away from fossil fuels — raising alarm bells for many in Baku.

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INTERVIEW: AI-powered building optimisation can cut energy use by 20-30%

Published 12:36 on November 21, 2024  /  Last updated at 12:36 on November 21, 2024  / /  Americas, EMEA, Middle East, US

AI-powered building optimisation can boost energy efficiency by 20-30% at a fraction of traditional capital expenses, an executive at a Lithuanian proptech startup has told Carbon Pulse.

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Nutrient credit partnership launches in UK with biodiversity net gain target

Published 12:34 on November 21, 2024  /  Last updated at 12:34 on November 21, 2024  / /  Biodiversity, EMEA

A partnership of local authorities in England soft-launched on Tuesday to scale delivery of nutrient mitigation credits, while exploring how to combine them with biodiversity net gain (BNG) units, following government investment.

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Rooftop solar is warming up with UK households even as industry struggles financially

Published 12:16 on November 21, 2024  /  Last updated at 12:16 on November 21, 2024  / /  EMEA

UK households are getting savvier about saving on their energy bills through installing rooftop solar, but the European market overall isn’t looking so rosy with persistently tough economic conditions and many providers struggling financially, say industry stakeholders.

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Verra launches special category of ‘discovery projects’ to pilot Scope 3 standard programme

Published 12:06 on November 21, 2024  /  Last updated at 12:06 on November 21, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Verra has launched a special category of pilot carbon projects, known as “discovery pilots”, to feed into its new Scope 3 Standard (S3S) programme and to adapt an additional three VCS methodologies, the organisation announced Thursday.

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International law firm buys water, carbon units from project in Egypt

Published 11:05 on November 21, 2024  /  Last updated at 11:05 on November 21, 2024  / /  Africa, Biodiversity, EMEA, Nature-based, Voluntary

An international law firm has purchased a batch of natural capital units generated through a regenerative agriculture project in Egypt, Carbon Pulse has learned.

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COP29: Fiji unveils carbon market strategy roadmap  

Published 10:50 on November 21, 2024  /  Last updated at 10:50 on November 21, 2024  / /  Asia Pacific, Australia, Climate Talks, International, Paris Article 6, Voluntary

Fiji’s government on Thursday published its National Carbon Market Strategy Roadmap, which lays out key considerations and next steps to develop emissions reduction projects in the country using market-based mechanisms.

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