Around The Web

French nature-based project verifier lands €5 mln to boost carbon market certification capacity

Carbon Pulse - Thu, 2024-12-05 22:16
A Paris-headquartered certifier for nature-based carbon projects has raised €5 million in fresh funding to expand its operations and develop new methodologies, the organisation announced on Thursday.
Categories: Around The Web

Canadian tech company partners with Saudi firms to produce low-carbon concrete

Carbon Pulse - Thu, 2024-12-05 21:08
A Canadian tech company has collaborated with a concrete producer and a gas distributor in Saudi Arabia to produce low-carbon materials by incorporating captured CO2, the companies announced this week.
Categories: Around The Web

How climate risks are driving up insurance premiums around the US – visualized

The Guardian - Thu, 2024-12-05 21:00

‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say

Concern over the climate crisis may evaporate in the White House from January, but its financial costs are now starkly apparent to Americans in the form of soaring home insurance premiums – with those in the riskiest areas for floods, storms and wildfires suffering the steepest rises of all.

A mounting toll of severe hurricanes, floods, fires and other extreme events has caused average premiums to leap since 2020, with parts of the US most prone to disasters bearing the brunt. A climate crisis is starting to stir an insurance crisis.

Continue reading...
Categories: Around The Web

INTERVIEW: EU 90% climate target should be “emission reductions only”, says Swedish MEP

Carbon Pulse - Thu, 2024-12-05 20:49
The EU’s 2040 climate target proposal, due early next year, should make a clear distinction between emission reductions and carbon removals, said Swedish lawmaker Emma Wiesner, denouncing the bloc's plans to put forward a net target as “a slap in the face” and “a huge betrayal” for the European Parliament.
Categories: Around The Web

Chinese emissions exchange launches carbon pledge services for local ETS

Carbon Pulse - Thu, 2024-12-05 20:09
An exchange that supports one of China's pilot carbon markets has unveiled an online financing service targeting carbon pledges in a latest attempt to explore innovative financial instruments.
Categories: Around The Web

AU Market: ACCU price claws back after week of volatility

Carbon Pulse - Thu, 2024-12-05 17:35
Australian Carbon Credit Unit (ACCU) prices recouped some of their recent losses Thursday after a bout of severe volatility earlier in the week that had seen units trade as low as A$37 ($23.82).
Categories: Around The Web

‘Climate bomb’ warning over $200bn wave of new gas projects

The Guardian - Thu, 2024-12-05 16:00

New liquefied natural gas projects could produce 10 gigatonnes of emissions by the end of the decade, close to the annual emissions of all coal plants

A $200bn wave of new gas projects could lead to a “climate bomb” equivalent to releasing the annual emissions of all the world’s operating coal power plants, according to a report.

Large banks have invested $213bn into plans to build terminals that export and import gas that is chilled and shipped on ocean tankers. But a report has warned that they could be more damaging than coal power.

Continue reading...
Categories: Around The Web

New Zealand climate commission pushes net negative 2050 target

Carbon Pulse - Thu, 2024-12-05 15:47
New Zealand’s Climate Change Commission (CCC) has called for more severe emissions reductions across all sectors in its updated advice to government published Thursday, while recommending shipping and aviation emissions to be included in a net negative 2050 target.
Categories: Around The Web

Regional gas lobby releases legal recommendations on cross-border CCS projects

Carbon Pulse - Thu, 2024-12-05 15:30
An industry coalition of energy majors has released a set of recommendations for cross-border carbon capture and storage (CCS) projects in the Asia Pacific, in order to provide the necessary legal clarity in the absence of international regulations.
Categories: Around The Web

Trusted partner to the Pacific, or giant fossil fuel exporter? This week, Australia chose the latter

The Conversation - Thu, 2024-12-05 13:46
Vanuatu’s climate case at the International Court of Justice poses a real challenge to Australia’s standing in the region. Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Liam Moore, Lecturer in International Politics and Policy, James Cook University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Biochar-based potting mix startup raises $3.6 mln in seed round

Carbon Pulse - Thu, 2024-12-05 12:58
A New York-headquartered sustainable soil company offering biochar alternatives to peat-based potting mixes has announced the completion of a $3.6-mln seed funding round aimed at transforming the horticulture industry through carbon-negative solutions.
Categories: Around The Web

ASEAN can unlock $3 trillion revenue from carbon markets, analysis finds

Carbon Pulse - Thu, 2024-12-05 12:00
The Association of Southeast Asian Nations (ASEAN) has the potential to unlock up to $3 trillion in revenue through the reduction or removal of 1.1 billion tonnes of CO2e per year by 2050 if member states develop regulations to support domestic carbon markets, a report released Thursday has found.
Categories: Around The Web

INTERVIEW: White House guidance needed for regulators considering AI growth

Carbon Pulse - Thu, 2024-12-05 11:30
Energy regulators need more guidance when considering the opportunities and challenges of artificial intelligence (AI) on grid reliability, a former chair of the US Federal Energy Regulatory Commission (FERC) told Carbon Pulse.
Categories: Around The Web

CORSIA market liquidity hinges on Article 6 alignment by eligible carbon standards -report

Carbon Pulse - Thu, 2024-12-05 11:27
Newly CORSIA-eligible carbon standards under the UN’s aviation offsetting scheme will likely enhance liquidity in this credit-strapped market – but only if emission units comply with Article 6 requirements, and if participating countries institute “correct and balanced” incentives and penalties, as per a report published Wednesday by an international project developer.
Categories: Around The Web

Scientists counted 49 ways Australia is destroying the ecosystems we hold dear – but there is hope

The Conversation - Thu, 2024-12-05 11:25
Many ecosystems face multiple serious threats. Recovery will be complex and difficult – but not impossible. Javiera Olivares-Rojas, Postdoctoral Research Fellow, Monash University Jessica Walsh, Lecturer in Conservation Science, Monash University Licensed as Creative Commons – attribution, no derivatives.
Categories: Around The Web

Pages

Subscribe to Sustainable Engineering Society aggregator - Around The Web