INTERVIEW: Carbon removal offtake template clarifies buyer demands in opaque voluntary market
A template for carbon removal (CDR) offtake agreements sheds light on what buyers want in a voluntary market that is characterised by opacity and often limited legal capacity among smaller suppliers, according to specialist law firm.
Read MoreEuro Markets: EUAs remain in tight range as buyers soak up selling pressure down to Monday’s low
European carbon prices spent Thursday firmly embedded in this week’s €70.50-€71.50 range, closing marginally higher after buyers held firm at a support level from the start of the week as EU-wide emissions continued to decline, and UK Allowances rose to a seven-week high.
Read MoreA quarter of existing forests could be converted into agricultural lands by 2100, study says
Over a quarter of existing forests worldwide, 320 million hectares, could become agriculturally productive by the end of the century due to the effects of climate change, with potentially grave impacts on biodiversity, a paper said on Thursday.
Read MoreSouth Australia ringfences over A$11 mln to support nature restoration on private lands
South Australia has announced the allocation of A$11.4 million ($8 mln) in grants to help landowners enhance and protect nature within their properties.
Read MoreINTERVIEW: Plastics inventor eyes ‘carbon-negative’ SAF using carbohydrates as feedstock
The inventor behind the commercialisation of biodegradable plastic has turned his hand to scaling up sustainable aviation fuel (SAF), and says that producing from corn carbohydrates can be ‘carbon negative’, lower cost, and more energy efficient than using CO2 as a feedstock.
Read MoreETS2 can soften impact of EU tariffs on Chinese electric cars, experts say
The EU needs to advance preparations for its upcoming carbon market for road transport and heating fuels, known as ETS2, as new tariffs on Chinese electric vehicles may convert into higher costs for consumers, experts told Carbon Pulse.
Read MoreRising unilateralism from big players threatening Article 6 carbon markets, report argues
Article 6 is under threat from rising unilateralism, especially from some of the most influential parties, while isolated efforts to raise integrity in the voluntary carbon market will not be enough, a new report has argued, urging countries to unite around UN carbon markets to drive sufficient climate finance to meet the Paris Agreement goals.
Read MoreDATA DIVE: Brazil by far the most affected by Verra’s new consolidated REDD+ carbon methodology
Brazil’s carbon sector is set to be most affected by the changes to the REDD+ project assessment methodologies by credit certifier Verra, according to new data analysis carried out by Carbon Pulse.
Read MoreNew UK govt drops legal defence of oil and gas field licences
The Labour Party-led UK government, in power since July, will not defend against green groups’ legal challenges to the previous Conservative government’s oil and gas licences for two major new sites off the coast of Scotland, it announced on Thursday.
Read More
