Carbon removal marketplace launches live pricing, availability data for biochar

Published 06:00 on June 27, 2024  /  Last updated at 01:16 on June 27, 2024  / Bryony Collins /  EMEA, Nature-based, Voluntary

A UK-based carbon removal marketplace is kickstarting live pricing and availability data for biochar carbon removals in a bid to improve market transparency and boost trading volumes.

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UPDATE – EU energy infrastructure plans at odds with 2030 climate target, Scientists warn

Published 05:31 on June 27, 2024  /  Last updated at 18:38 on June 27, 2024  / Emanuela Barbiroglio /  Climate Talks, EMEA, EU ETS, International

Draft scenarios for long-term energy infrastructure development at EU level are incompatible with the bloc’s 2030 climate goal, and underestimate the cost of technologies like hydrogen and carbon capture and storage (CCS), scientists warned on Thursday.

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CP Daily: Wednesday June 26, 2024

Published 02:32 on June 27, 2024  /  Last updated at 02:35 on June 27, 2024  / Carbon Pulse /  Newsletters

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

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World Bank announces $700 mln loan for Egypt to develop domestic carbon market, green transition

Published 02:31 on June 27, 2024  /  Last updated at 02:31 on June 27, 2024  / Alejandra Padin-Dujon /  Africa, EMEA, International, Middle East, Voluntary

The World Bank will award $700 million in loans for Egypt to support a greener growth trajectory, including the establishment of a voluntary carbon market (VCM) regulatory framework, according to a release Monday.

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EU energy firms continued to dominate list of top ETS emitters last year, report shows

Published 02:15 on June 27, 2024  /  Last updated at 02:15 on June 27, 2024  /  EMEA, EU ETS

European energy firms dominated the list of top emitters under the EU ETS last year, with Polish utility PGE leading the charge, according to a report released Wednesday.

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Republicans file brief supporting appeals against SEC climate disclosure rules

Published 02:13 on June 27, 2024  /  Last updated at 02:13 on June 27, 2024  / Joan Pinto /  Americas, US

A group of Republicans in the US House and Senate filed an amicus brief in a federal appeals court siding with litigation against the Securities and Exchange Commission’s (SEC) contested climate regulation.

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European DAC startup founded by ex-Tesla engineer raises €6 mln from investors

Published 02:00 on June 27, 2024  /  Last updated at 02:00 on June 27, 2024  /  Americas, EMEA, US, Voluntary

A European direct air capture startup founded by a former Tesla engineer has raised €6 million in a seed funding round.

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New Zealand govt appoints methane science and targets review panel

Published 01:39 on June 27, 2024  /  Last updated at 01:19 on June 28, 2024  / Mark Tilly /  Asia Pacific, New Zealand

The New Zealand government has appointed an independent review panel on the country’s methane science and targets, alongside its terms of reference, it announced Thursday.

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ARB issues lowest California offsets YTD, 2024 pace lags 2023

Published 01:25 on June 27, 2024  /  Last updated at 01:25 on June 27, 2024  / Graham Gibson /  Americas, Canada, US

California regulator the ARB issued its lowest number of offsets since the winter holidays in its most recent two-week issuance period, with the year-to-date pace now lagging behind 2023 numbers, agency data released Wednesday showed.

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Alberta TIER credit retirements could reach 10 mln this year, says research firm

Published 00:46 on June 27, 2024  /  Last updated at 00:46 on June 27, 2024  / Bijeta Lamichhane /  Americas, Canada

Credit retirements under the Alberta Technology Innovation and Emissions Reduction (TIER) programme may reach 10 million tonnes this year, matching offsets and Alberta Emissions Performance Credits (EPCs) generation, a research firm said Wednesday.

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