Japanese shipping heavyweights to conduct liquefied CO2 study for CCS value chain
A group of Japanese shipping majors have teamed up to conduct a joint study for liquefied CO2 (LCO2) carriers, in preparation for large-scale international transport of LCO2 by 2028.
Read MoreNZ govt-industry partnership tips NZ$4 mln into livestock methane emissions reduction tech
A New Zealand public-private partnership has invested NZ$4 million ($2.4 mln) in a company looking to ramp up commercialisation work of a methane-inhibiting vaccine specifically suited to the country’s pastoral farming system.
Read MoreBHP to avoid carbon credits to meet medium-term emissions targets
BHP, the world’s biggest miner, has said it will not use carbon credits to meet its 2030 Scope 1 emissions reduction target, planning instead to achieve it through structural abatement, though its plans may change.
Read MoreUS hotel targets ‘carbon-positive’ status without use of offsets
A real estate developer claims it will open the first ‘carbon-positive’ hotel in the US, achieved through its tree-planting partnerships and use of efficient materials.
Read MoreLATAM Roundup: Turning point in battles over voluntary carbon market
Carbon Pulse rounds up developments in Latin American and Caribbean carbon markets for the week ending Aug. 25, which saw lurches toward full legalisation of the voluntary carbon market (VCM) in anti-VCM holdouts Ecuador and Bolivia, a strong early showing by LATAM biodiversity markets, and new sovereign issuances by Suriname.
Read MoreRGGI Market: RGAs reverse from record highs ahead of Q3 auction
RGGI allowance (RGA) prices on the secondary market peaked at a new all-time high early last week before dropping off on heightened volumes ahead of the upcoming Q3 auction.
Read MoreCCUS market hindered by weak global economy, incentives needed -report
The current global economic situation is hindering the deployment of carbon capture utilisation and storage (CCUS), which currently represents less than 5% of its global capacity, according to a report calling for stronger incentives towards supporting the technology.
Read MoreEuro Markets: EUAs slip 0.9% in quiet session as gas recovers 2%
European carbon prices eased on Monday on thin volume due to a UK public holiday as participants were said to be easing some gas-linked risk premium out of the benchmark futures contract as concerns around transit supply via Ukraine to Europe fade and storage levels remain healthy, while energy markets turned their attention to possible escalations in the Middle East.
Read MoreVCM Report: Liquidity dries up, old standardised voluntary carbon contracts trade at rock bottom
Liquidity dried up last week amid the height of the summer holiday season, and with the market still waiting for the next batch of Integrity Council for the Voluntary Carbon Market (ICVCM) methodology approvals for its Core Carbon Principles (CCP) high-integrity label.
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