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New pledges expected at UN climate talks: Kerry

  • Market: Electricity, Emissions, Natural gas
  • 02/11/22

The opening days of the upcoming UN climate talks will include a number of new commitments from countries to take more action to reduce emissions and support global decarbonization, US climate envoy John Kerry said today.

The US has been working with a number of countries to roll out new commitments at the upcoming UN Cop 27 climate talks in Sharm el-Sheikh, Egypt, ranging from more aggressive climate pledges to agreements to build new renewable energy resources, Kerry said during a State Department briefing.

"We have spent a great deal of time over this past year working with countries around the world to get them to raise their NDCs," Kerry said, referring to the nationally determined contributions (NDC), or pledges, under the Paris Climate Agreement.

Kerry said a number of countries will announce new pledges in coming days, including Mexico, which previously said it is working on an update to its NDC, while more announcements around private sector pledges, deforestation and methane reductions are in the works. The UN conference runs from 6-18 November.

The US has also been working with countries including South Africa and India on new energy transition partnerships , which will be announced at the Cop, Kerry said.

At least year's talks in Glasgow, Scotland, Germany, the UK, the US, France and the EU agreed to support South Africa's energy transition and in particular to phase out its use of coal.

Kerry also previewed a new agreement with host nation Egypt that he said will call for it to reduce its natural gas use and to build out 10GW of new renewable energy capacity.

"There will be more to say about that next week," he said.

Kerry said the US has four priorities going into the talks, including making sure countries stick to their past commitments.

"We seek a collective message out of the Cop that the world is going to remain strong on climate ambition and will build on, not go backward, the pledges" from Glasgow, he said.

Kerry also said the US is committed to finding a path forward to address loss and damage, one of the top priorities for the Egyptian government leading the talks. It refers to providing financial support for countries already suffering from climate-related events such as storms and sea-level rise.

"We are anxious to do this in a very cooperative, non-confrontational way," he said.

Some non-governmental groups have warned the issue could end up derailing talks around other, less controversial issues at the Cop if certain countries feel it is not addressed appropriately.

Kerry did not call for a specific outcome on the issue, but said the US supports "coming out with some kind of structure that provides appropriate financial arrangements."


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Cop: Drafts point to trade-off on finance, fossil fuels


22/11/24
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22/11/24

Cop: Drafts point to trade-off on finance, fossil fuels

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Cop: Singapore, Peru finalise carbon credit negotiation


22/11/24
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22/11/24

Cop: Singapore, Peru finalise carbon credit negotiation

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Japan’s Taketoyo to resume biomass co-firing in 2027


22/11/24
News
22/11/24

Japan’s Taketoyo to resume biomass co-firing in 2027

Tokyo, 22 November (Argus) — Japan's largest electricity producer Jera aims to resume coal and biomass co-firing at the 1.1GW Taketoyo plant in 2027's first quarter, after a fire halted plant operations in January. Jera announced on 22 November that the thermal power plant in central Japan's Aichi prefecture would resume co-firing wood pellets with coal at a rate of 8pc, around the end of the 2026-27 fiscal year ending in March. This will come after its safety measures are completed. The plant's co-firing rate was 17pc before the serious fire, which was caused by an explosion of dust from wood pellets. The company will consider increasing the co-firing rate again in the future, provided safety can be ensured. But the plant will restart coal-only combustion in early January 2025, operating mainly during the summer and winter seasons, when electricity demand is high. Jera will keep operation rates low at Taketoyo and other coal-fired plants when electricity demand is low and rely more on gas-fired generation, to achieve its initial plan to cut CO2 emissions through co-firing at Taketoyo. Taketoyo started co-firing operations in August 2022 and burned around 500,000 t/yr of wood pellets imported from the US and Vietnam. It will burn 200,000 t/yr after it resumes co-firing at 8pc. The plant will slow down the speed of wood pellet conveyors to reduce friction as a part of safety measures, which means it must also reduce its coal and biomass co-firing rate. It is also currently working on other safety measures, such as installing air pressure conveying facilities dedicated to wood pellets and explosion suppressor systems to inject fire extinguishing agents. The outage at Taketoyo has encouraged Jera to boost replacement gas-fired generation, with the extra gas-fired costs accounting for most of the estimated cost resulting from the shutdown, which could be tens of billion yen in the 2024-25 fiscal year ending in March. By Takeshi Maeda Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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Brazil congress approves carbon market legislation


21/11/24
News
21/11/24

Brazil congress approves carbon market legislation

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