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Taliban joins UN climate change talks for the first time
The Taliban government in Afghanistan has entered the first stage of discussions with the UN, donors, NGOs, and other stakeholders to understand the impact of climate change on the Central Asian nation. Read MoreTop
Australia opens extended fourth exit window for ERF contract holders, adds eligibility requirements
Australia’s Clean Energy Regulator on Friday opened the fourth pilot exit arrangement window for companies with fixed delivery contracts to sell carbon credits to the government’s Emissions Reductions Fund (ERF), with additional eligibility requirements for sellers. Read MoreTop
Indonesia's Rimba Raya REDD+ project plunged into controversy after licence revoked by government
The giant Rimba Raya Biodiversity Project in Indonesia has been plunged into controversy after the local concession holder saw its business licence revoked by the government for violating carbon trading regulations, with the project's owner failing to be notified about it. Read MoreTop
Major global asset managers raise $1.4 bln for inaugural decarbonisation fund
Two of the world’s largest investment firms have raised $1.4 billion for their inaugural late-stage venture capital and growth private equity investment fund that is targeting companies accelerating the low-carbon transition. Read MoreTop
CCUS industry struggling to develop pipeline projects, says IEA
The pipeline of global carbon capture, utilisation, and storage (CCUS) initiatives is growing rapidly, but the nascent industry is struggling to fully develop these projects, a representative from the International Energy Agency (IEA) said on Thursday. Read MoreTop
UPDATE - US EPA finalises pollution limits for fossil-fuel power plants, important role for CCS
The US Environmental Protection Agency (EPA) on Thursday finalised a suite of standards for new and existing fossil-fuel power plants to reduce 90% of their emissions, which also envision an important role for carbon capture and storage (CCS). Read MoreTop
Euro Markets: EUA prices jump in afternoon gas-driven surge on reports of European LNG transit ban
Trading in European carbon allowances sparked into life in the afternoon as EUA and gas prices spiked on reports that the EU may propose a ban on transshipment of Russian LNG, after the morning has seen prices move in a relatively narrow range on lower than normal volume. Read MoreTop
WCI Markets: CCA volatility picks up as ARB workshop disappoints, WCAs lose momentum
California Carbon Allowance (CCA) prices traded lower through a volatile week as a highly anticipated rulemaking workshop failed to offer clarity on proposed changes to the cap-and-trade programme, while Washington Carbon Allowance (WCA) values declined amidst ongoing muted activity. Read MoreTop
Only five local authorities in England prepared for biodiversity net gain agreements -law firm
Just five local authorities in England out of the over 300 assessed are sufficiently prepared to enable the creation of conservation agreements for developers to meet biodiversity net gain (BNG) requirements, with delays likely, a law firm has said. Read MoreTop
INTERVIEW: Strong social return on investment boosts REDD project in Tanzania
A REDD developer in Tanzania is seeking to boost the selling power of its avoided deforestation projects by assessing the social impact of investment. Read MoreTop
Drax refinances as it waits on government subsidies for BECCS plant
UK energy company Drax Group has completed a major refinancing plan to extend operations beyond 2027 as it waits on the government to decide on extra subsidies to retrofit its biomass plant with carbon capture technology, it announced Thursday. Read MoreTop
Recently announced federal tax incentives for biofuels' feedstocks set to fuel industry decarbonisation
Federal incentives to lower carbon intensity (CI) in feedstocks, coupled with advancements in carbon removal and renewable natural gas, could propel the biofuels industry towards net zero in the US, industry members told a webinar Thursday. Read MoreTop
EU Parliament gives blessing to ETS-funded Net-Zero Industry Act
The European Parliament gave its blessing on Thursday to plans aimed at producing 40% of the bloc's annual needs for net-zero technologies domestically by 2030, thanks to funds partially coming from emissions trading revenues. Read MoreTop
Public prefers nature-based to engineered carbon removals, study finds
Carbon removals based on nature-based solutions are generally preferred to engineered approaches amongst the general public in 22 countries, according to a study published on Wednesday. Read MoreTop
