Global asset manager acquires US-based emissions reduction tech firm in data centre investment play

Published 01:59 on September 6, 2024  /  Last updated at 01:59 on September 6, 2024  /  Americas, US, Voluntary

A major global alternative asset manager has acquired a company specialising in emissions reduction technology, in an investment play targeting the sharp rise in power demand from data centres.

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Achieving net zero can only happen “at the speed of trust”, says report

Published 01:14 on September 6, 2024  /  Last updated at 01:14 on September 6, 2024  / /  Americas, Asia Pacific, Australia, International, US, Voluntary

Establishing the infrastructure needed for a net zero world, such as carbon capture and storage (CCS), can only take place if trust is established among key stakeholders, according to a report authored by an engineering consultancy and academic researchers.

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Germany-based forest management firm branches out with new CEO from South Pole

Published 01:05 on September 6, 2024  /  Last updated at 01:05 on September 6, 2024  /  Bavardage, EMEA, Nature-based, Voluntary

A German-based forest management and investment firm has tapped a senior South Pole executive as its new chief executive.

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Three out of four people believe causing environmental damage should be a crime -survey

Published 01:01 on September 6, 2024  /  Last updated at 09:15 on September 5, 2024  / /  Biodiversity, EMEA, International

Nearly three out of four people in G20 countries believe causing environmental damage should be a criminal offence, according to a survey released on Friday.

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Methane offset developer partners with climate tech firm to enhance digital MRV

Published 00:37 on September 6, 2024  /  Last updated at 00:37 on September 6, 2024  /  Americas, Canada, US, Voluntary

A US-based company focused on plugging abandoned oil and gas wells has partnered with a climate tech network to bolster the digital MRV and standardisation of environmental data used for carbon credit issuances.

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Major US DAC project receives draft CO2 storage permits

Published 00:18 on September 6, 2024  /  Last updated at 00:18 on September 6, 2024  / /  Americas, US, Voluntary

The US Environmental Protection Agency (EPA) published three draft CO2 storage permits associated with a large-scale direct air capture (DAC) facility in Texas on Wednesday, the first such authorisations issued in the state.

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US ethanol producer secures $205 mln financing in exchange for clean fuel tax credits

Published 00:14 on September 6, 2024  /  Last updated at 00:14 on September 6, 2024  / /  Americas, US, Voluntary

A North Dakota-based ethanol producer has secured $205 million through a unique tax equity financing scheme that hinges on transferring its clean energy tax credits to the lender, the company announced Thursday.

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Euro Markets: Early resilience crumbles as sellers return and push EUAs to six-week low

Published 17:30 on September 5, 2024  /  Last updated at 17:34 on September 5, 2024  / /  EMEA, EU ETS, UK ETS

European carbon allowance prices found support during the morning session, but crumbled on Thursday afternoon amid a resumption in motivated selling, helping to curb gains in power and gas and taking the benchmark EUA contract to a new six-week low late in the session.

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Gold Standard doubles down on engineered carbon removals, consults on activity requirements, reversal risk tool

Published 16:35 on September 5, 2024  /  Last updated at 16:35 on September 5, 2024  / /  Americas, Asia Pacific, EMEA, Voluntary

Voluntary carbon certifier Gold Standard has launched new calls for feedback on engineered carbon removal activity requirements as well as a tool for reversal risk calculations for geological storage.

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INTERVIEW: Carbon intensity of renewable fuels increasingly factored into contracts

Published 16:31 on September 5, 2024  /  Last updated at 16:31 on September 5, 2024  / /  Americas, Aviation/CORSIA, EMEA, International, US, Voluntary

The carbon intensity of renewable fuels is being increasingly factored into contracts, with an expectation that the final price may be adjusted depending on the carbon intensity of the actual energy source delivered, according to a commodity software company.

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