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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COP16: Philanthropies put over $50 mln on table for high-seas MPAs

Published 12:08 on October 28, 2024  /  Last updated at 12:08 on October 28, 2024  / /  Americas, Asia Pacific, Biodiversity, EMEA

A group of major philanthropies on Monday announced they will contribute $51.7 million towards creating marine protected areas (MPAs) in international waters under the UN High Seas Treaty.

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EUA winter price outlook hinges on weather, speculative positions in TTF –analyst

Published 10:01 on October 28, 2024  /  Last updated at 10:01 on October 28, 2024  / /  EMEA, EU ETS

The outlook for EUA prices over the coming winter will largely depend on whether natural gas prices can hold on to their recent gains and whether speculative investors continue to hold significant long positions in TTF derivatives, according to an analyst.

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Conservatives come to power in Australia’s Queensland, promising to keep coal power plants open

Published 09:58 on October 28, 2024  /  Last updated at 09:58 on October 28, 2024  / /  Asia Pacific, Australia

Australia’s Queensland has elected its first Liberal-National government in almost a decade after state elections on Saturday, promising to repeal the state’s renewable energy target of 80% by 2035 and to keep coal-fired plants open.

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China should introduce uniform price auctions to national ETS, say researchers

Published 09:17 on October 28, 2024  /  Last updated at 09:17 on October 28, 2024  / /  Asia Pacific, China

China should introduce a uniform price auctioning mechanism to its national emissions market, with an initial auction share of 3%–10% and predictable reserve prices to balance equity, efficiency, and administrative costs, a research paper has suggested.

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NDCs fall “miles short” of emission cuts to meet Paris goals, UNFCCC warns

Published 09:00 on October 28, 2024  /  Last updated at 20:23 on October 27, 2024  / /  Africa, Americas, Asia Pacific, Climate Talks, EMEA, International

Existing national contributions to the Paris Agreement are unsurprisingly inadequate, at most leading to a mere 2.6% decline in global greenhouse gas emissions over the 2020s, according to a UN report released on Monday.

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Climate watchdog releases draft guide to prevent greenwashing

Published 07:16 on October 28, 2024  /  Last updated at 07:16 on October 28, 2024  / /  Asia Pacific, Other APAC, Voluntary

Climate watchdog RimbaWatch has released a draft guide that aims to define what practices constitute greenwashing in Southeast Asia.

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