Korean steelmaking giant urged to release blast furnace closure plans, help meet 1.5C target
South Korean steelmaking major POSCO should announce a plan to close down three blast furnaces by 2030 to help limit global warming to 1.5C above pre-industrial levels, a report has urged.
Read MoreEXCLUSIVE: More carbon standards fully approved to supply CORSIA credits for current phase
UN aviation body ICAO has awarded full approval to four more voluntary carbon standards for Phase 1 of CORSIA (2024-26), Carbon Pulse has learned, meaning their credits will become eligible for use by airlines during the current stage of the international offsetting scheme.
Read MoreManufacturing, supply chains crucial to net zero, IEA report says
Achieving the goals of the Paris Agreement, and meeting the commitment made at COP28 last year to triple renewable energy capacity by 2030, needs commitments from governments, money from the private sector, but more than anything manufacturing and supply chains to develop further, the International Energy Agency (IEA) said in a report on Wednesday.
Read MoreINTERVIEW: Australia’s ERAC chair praises ACCU method proposals while noting uncertainty on timelines
Australia’s first full-time chair of the Emissions Reduction Assurance Committee (ERAC), which deals with carbon farming credits, has praised the quality of carbon method proposals submitted through the expression of interest (EOI) process, but could not say how long it would take for those selected to be developed.
Read MoreNew surety bonds product aims to protect and boost investments in low-carbon projects
A French issuer of trade credits has introduced a product that issues surety bonds and guarantees for low-carbon technologies and renewable energy projects, and holds the premiums as investments in certified green bonds, it announced on Wednesday.
Read MoreAustralian oversight body selects four methods to progress, others delayed again
The Emissions Reduction Assurance Committee (ERAC) has selected four proposed carbon credit methods to progress to the next stage of development, however other closely-watched ones have been pushed back to the first half of next year, the Australian climate minister told a conference Wednesday.
Read MoreDemographics shape global support for tech-based climate interventions -study
Public support for climate interventions varies significantly by demographics, with younger people and those in poverty more supportive of engineered approaches to mitigation compared to older or wealthier groups, a new study reveals.
Read MoreCarbon ratings agency teams up with Australian offset trading platform provider Trovio
A carbon ratings agency is partnering with Australian technology provider Trovio to make offset project grades accessible for risk and inventory management purposes.
Read MoreEurope continues to invest in gas grids, despite net-zero targets -study
There is a “significant disconnect” between gas infrastructure planning in Austria, Belgium, Germany, Italy and the UK, and what’s required to achieve their net-zero climate goals, according to research published on Wednesday.
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