Emissions cuts could alter global ocean heat balance through 2100, researchers warn
Efforts to cut greenhouse gas emissions later this century could drastically alter the way oceans absorb and distribute heat, with lasting impacts on climate patterns, a new study has found.
Read MoreCentral bank-led NGFS releases new climate risk scenarios, predicting deeper economic impacts by 2050
The Network for Greening the Financial System (NGFS) on Tuesday released its latest climate macro-financial scenarios, signalling increased economic risks from climate change by mid-century.
Read MoreRecord Q2 deficits shave Oregon’s CFP credit bank, programme surplus nears 1.5 mln
With the highest quarterly net deficits in programme history, Oregon’s Clean Fuels Program (OCFP) credit surplus increased to just under 1.5 million in the second quarter of 2024, according to state data published Tuesday.
Read MoreUPDATE – Brazil’s Senate postpones vote on updated national ETS legislation
Brazil’s Senate on Tuesday postponed voting on a new compromise version of long-awaited national cap-and-trade legislation until next week.
Read MoreEU’s incoming energy commissioner to promote electrification as ETS2 hits housing
The European commissioner-designate for energy and housing will pursue electrification to shield vulnerable citizens from increasing energy prices, a prospect made more real by ETS2, he told the European Parliament on Tuesday afternoon.
Read MoreUS ethanol producer completes diagnosis of CO2 well leak in Illinois
An Illinois agribusiness facing regulatory action has completed diagnosis on the leak from its problematic CO2 monitoring well, maintaining that drinking water sources would not be impacted.
Read MoreAlberta TIER October spot prices continue to tumble amid weak demand
The Alberta Technology Innovation and Emission Reduction (TIER) programme’s spot prices reached historic lows for the second month in a row, according to a report published Friday.
Read MoreCOMMENT: Pakistan’s “hope” for carbon trading renewed – an update from the ground
Syeda Hadika Jamshaid is looking ahead to Pakistan’s first ever policy guidelines for carbon trading, set to be released at COP29 in Baku.
Read MorePolitical context of Article 6 talks very different to last year, says ratings agency
The political context around COP29 negotiations in Baku is very different to last year’s summit and could stand to benefit Article 6 talks, the founder of a carbon ratings agency said Tuesday.
Read MoreEuro Markets: EUAs retreat with gas, drop 1.4% after early stability gives way to steady selling
After starting the day relatively calmly and little changed, European carbon faded away in the afternoon in line with steadily weaker natural gas prices, as many markets appeared to adopt a watching brief for news from the US presidential election.
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