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Australian Labor commits A$24.5 mln to cut cement emissions as election campaign kicks off
Australia’s Labor government has announced A$24.5 million ($15 mln) to go towards cutting a cement maker's emissions, as the federal election campaign officially begins. Read MoreTop
NACW: Scope 3 emissions and net zero targets should be done away with -expert
Panellists disagreed on an expert's assertion that the concepts of Scope 3 emissions measurement and net zero targets should be tossed in the bin at North American Carbon World (NACW) Thursday. Read MoreTop
US blue hydrogen producers likely to choose 45Q tax credits over 45V -report
Blue hydrogen producers may more often use 45Q tax credits rather than the generous 45V clean hydrogen tax credits due to the latter's higher carbon intensity standards, according to a new report. Read MoreTop
US SEC votes to end defence of climate disclosure rules in circuit courts
The US Securities and Exchange Commission (SEC) announced Thursday that it had voted to withdraw defending its rules in court that required companies to disclose climate-related risks and GHG emissions. Read MoreTop
NACW25: California forges ahead on methane reductions following federal inaction
States and municipalities must lead on methane reductions given a lack of federal support for this under the new Trump administration, a California official said during the North American Carbon World (NACW) conference in Los Angeles on Thursday. Read MoreTop
NACW25: Mexican state battling injunctions to keep CO2 tax
A Mexican state whose carbon tax is finally up and running after initially being repealed nearly two years ago is once again in hot water for it, according to a senior official speaking Thursday at the North American Carbon World (NACW) conference in Los Angeles. Read MoreTop
NACW25: Internal Scope 3 reporting obligations could obstruct decarbonisation progress
Demands for internal value chain accounting from companies risk delaying decarbonisation investments, North American Carbon World (NACW) participants heard Thursday. Read MoreTop
INTERVIEW: Lack of additionality, financial transparency, and scientific integrity are causing carbon projects to fall through
Many carbon projects fall short of approval due to issues with additionality, financial transparency, and scientific rigour, according to the CEO of a Bay Area non-profit that has approved just 1% of the over 5,000 projects it has reviewed in the past decade. Read MoreTop
Bahrain passes carbon tax bill
Both chambers of Bahrain’s legislature this week voted on and approved a bill that includes the creation of a carbon tax, leaving final ratification and promulgation up to the king. Read MoreTop
Research group calls on US to stay the course on CDR
A research group out of Washington DC is calling on federal lawmakers and state governments to maintain and bolster carbon removal (CDR) policy as the US government attempts to bow out of global climate efforts. Read MoreTop
Xpansiv to launch CORSIA Phase 1 contract on CBL platform in April
Carbon infrastructure company Xpansiv will launch in April a new standardised spot contract for Phase 1 of CORSIA, the UN’s international aviation emissions offsetting scheme, it announced Thursday, but there was no corresponding notice of new futures contracts. Read MoreTop
WCI Markets: CCAs drop during NACW as ARB fails to inspire; WCAs drive towards APCR trigger
California Carbon Allowance (CCA) prices dipped during the North American Carbon Week (NACW) conference after an early-week bump as state regulator ARB largely avoided any statements to provide greater programme clarity, while Washington Carbon Allowances (WCAs) gained over 7% as they were pulled towards the Allowance Price Containment Reserve (APCR) trigger price, traders said. Read MoreTop
California lawmaker amends senate bill that originally called for ETS extension, reform
The sponsor of a California senate bill that was initially introduced to reform and reauthorise the cap-and-trade programme on Wednesday amended its text to instead indefinitely extend the state’s non-partisan agency’s GHG reporting mandates. Read MoreTop
Energy company gives green light to huge Swedish bioenergy carbon removal facility
A Swedish energy company has pushed through on a final investment decision to build one of the world's largest carbon removal facilities, it announced Thursday. Read MoreTop
