London Underground air to heat UK capital, save emissions in £1-bln scheme

Published 12:22 on November 6, 2024  /  Last updated at 12:22 on November 6, 2024  / /  EMEA, UK ETS

Warm air from the London Underground could be used to heat homes in the heart of the UK capital in a new £1 billion scheme that is expected to create 500 jobs and save 75,000 tonnes of CO2 every year.

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Carbon standard unveils first nature stewardship credit pilots

Published 11:31 on November 6, 2024  /  Last updated at 11:31 on November 6, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA, Nature-based, Voluntary

A carbon standard will pilot its methodology for nature stewardship credits across two sites in Canada and Zambia, with plans to onboard additional projects in the coming months, the company told Carbon Pulse. 

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President Trump’s victory casts doubt over previous optimism for Article 6 progress in Baku

Published 10:54 on November 6, 2024  /  Last updated at 07:47 on November 7, 2024  / /  Americas, Asia Pacific, Climate Talks, EMEA, International, Paris Article 6

The victory of former President Donald Trump in the US election on Tuesday has cast doubt among observers and negotiators over whether progress is still feasible on Article 6 at COP29 in Baku despite the previous optimism.

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UPDATE – US ELECTION RESULTS: President Trump back in charge, climate action set for blow

Published 09:26 on November 6, 2024  /  Last updated at 02:10 on November 7, 2024  /  Americas, Asia Pacific, EMEA, International, Paris Article 6, US, Voluntary

Former President Donald Trump’s re-election as US president is expected to likely usher in another era of loosening environmental standards in the US and a bigger step-back in climate action internationally – at a time when the Paris Agreement’s 1.5C goal is slipping out of reach and emissions have yet to peak.

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Indian carbon project developer taps into the US market, targets aviation sector

Published 09:17 on November 6, 2024  /  Last updated at 09:17 on November 6, 2024  / /  Americas, Asia Pacific, Aviation/CORSIA, Other APAC, US, Voluntary

An India-based carbon credit developer and supplier has teamed up with a local partner to tap into the US market, targeting potential clients from the aviation sector.

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Gold Standard consults on multiple key carbon crediting documents

Published 09:07 on November 6, 2024  /  Last updated at 13:00 on November 6, 2024  / /  Americas, Asia Pacific, EMEA, Nature-based, Voluntary

Gold Standard has opened consultations on multiple guiding documents relating to carbon crediting projects this week as the registry builds on recent approval obtained from the UN to supply the current phase of the CORSIA international aviation offsetting scheme.

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Amazon’s climate fund backs new peatland standard in Ireland

Published 08:48 on November 6, 2024  /  Last updated at 08:48 on November 6, 2024  / /  Biodiversity, EMEA, Nature-based, Voluntary

US e-commerce giant Amazon will support a new voluntary certification programme in Ireland aimed at restoring 700,000 hectares of degraded peatlands that could avoid up to 2 million tonnes of CO2 emissions annually.

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UPDATE – Reactions to President Donald Trump’s 2024 US election win

Published 08:41 on November 6, 2024  /  Last updated at 00:08 on November 7, 2024  / /  Americas, International, US

Former President Donald Trump’s return to the White House following the 2024 US presidential election is seen as a setback for global efforts to tackle climate change, just days before the COP29 UN climate summit opens in Baku, Azerbaijan.

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UPDATE – Washington votes to retain state’s carbon market

Published 07:41 on November 6, 2024  /  Last updated at 20:20 on November 6, 2024  / /  Americas, US

Washington voters appear to have decided to retain the state’s cap-and-trade programme by rejecting a ballot measure that sought to dismantle it, preliminary election results showed.

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CP Daily: Tuesday November 5, 2024

Published 07:09 on November 6, 2024  /  Last updated at 07:09 on November 6, 2024  /  Newsletters

A daily summary of our news plus bite-sized updates from around the world.

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