- Thu 14:58The Science Based Target initiative (SBTi) is on course to permit the extended use of "high-integrity" carbon credits as part of an updated version of its Corporate Net-Zero Standard, with a new proposed update due to be presented in a matter of months, confirmed the organisation's CEO David Kennedy, during an event in London on Thursday.
- European supermarkets could face rising compliance costs and miss emissions targets unless they accelerate the phaseout of hydrofluorocarbon (HFC) refrigerants, which account for the bulk of their operational CO2 emissions, a UK-based non-profit said in a report on Tuesday.
- Thu 14:09The Global Reporting Initiative (GRI) has released two newly revised standards on climate and energy that companies can use to disclose on topics including emissions reductions, greenhouse gas removals, and carbon credits.
- Thu 13:05Article 6, intended to enhance climate ambition through international cooperation via carbon credit trading, is at risk of becoming a loophole that enables countries to delay domestic mitigation instead of increasing it, according to a new report from a non-profit.
- Thu 12:09A climate fund has selected the winners of a carbon removal (CDR) financing competition after whittling down huge field of 280 applications to just 18 successful startups.
- Thu 10:46Investments in treatment for sea lice in fish farms are among key trends in blue foods financing, which has been boosted by the UN Ocean Conference (UNOC), according to an investor.
- A Canadian green tech company has successfully raised C$5 million ($3.5 mln) in shares to finance the sale of its hydrogen-on-demand device for diesel engines, following an offer launched back in February.
- Thu 09:03Verra is seeking views on its plans to allow project developers to manage their risks with insurance, and to widen its list of countries eligible for renewable energy projects – as part of a new consultation on its updated carbon standard, the organisation’s CEO said in an interview.
- Thu 07:50Edge of space - A startup building airships that float at twice the altitude of air traffic to help monitor GHG emissions and beam internet to the ground has secured $15 mln from Japan's Softbank. The "lighter than air" high-altitude platform stations occupy a unique observational sweet spot between aircraft and satellites, and are now gathering real time data about methane emissions from oil and gas producers in New Mexico, the company's home state. The new funding will help Sceye demonstrate one of its stratospheric platforms in Japan to offer broadband.
- Thu 01:55Stop the spike – Republican lawmakers in California on Monday urged Governor Gavin Newsom (D) to suspend the imminent increase in gasoline excise tax as well as regulations that raise fuel prices, referring to the state’s Low Carbon Fuel Standard (LCFS). The excise tax is set to increase to 61.2 cents/gal from 59.6 cents on July 1, which the legislators said would impose additional financial burdens on California residents. Retail gas prices in the Golden State averaged $4.64 on Wednesday, some $1.41 higher than the national average, according to AAA.
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