Countries allied with Canada want to buy the nation’s lower-emissions energy, the federal natural resources minister said Monday, in an announcement to fund several homegrown carbon capture, utilisation, and storage (CCUS) technology companies.

Ammonia afloat – Aragon, a subsidiary of Singapore-based engineering group Seatrium, has secured approval in principle from the American Bureau of Shipping for its Bluebell floating production, storage, and offloading (FPSO) unit, which is designed to lower zero-carbon ammonia costs and increase gas monetisation fourfold, Offshore Energy reported. The FPSO will use natural gas reforming with more than 95% carbon capture to produce refrigerated blue ammonia for export, incorporating syngas purification, Haber-Bosch ammonia processing, CO₂ capture and liquefaction, and onboard air separation systems.

Let the sun capture CO2 - Harvard researchers published a report last month in the scientific journal Nature Chemistry that provides a framework for a technology behind solar-powered CO2 management. The research team from the university’s Department of Chemistry and Chemical Biology considered a design of photoreversible aqueous bases – a chemical system where its ability to act as a base can be switched on and off by light. The system they design is oxygen stable, can be driven by natural sunlight, and captures or concentrates CO2 from ambient air.

RGGI Allowance (RGA) futures fell around 2% last week following the publication of Q3 auction results trader said were largely unremarkable, with activity dropping and prices inching up Monday.

A Canadian industrial hemp company active in verifying carbon removal (CDR) credits announced Monday it has began the process of shutting down its processing operations, and will pursue strategic alternatives after failing to raise enough capital and generate sustainable revenues.

Cattle counting – The world’s largest meat exporter, JBS, has delivered 123,765 ear tags to producers to track cattle in the state of Para, Brazil, according to a statement on Monday. Of these, 65,902 cattle have already been tagged. The initiative is considered an important step in monitoring the livestock supply chain and curbing deforestation in the Amazon. With a cattle herd of 26 million – comparable to Australia’s – Para passed a law in late 2023 requiring ranchers to identify their cattle by the end of 2026. (Reuters)

A California bipartisan, bicameral advisory group is urging lawmakers to consider reforms to the state’s emissions trading system ahead of its legislative deadline tomorrow.

Seagrass solutions - Bahamas’ Prime Minister Philip Davis addressed a climate finance reception in the UK Parliament last week, calling for stronger global investment in nature-based solutions. Speaking via a recorded message at the event, co-hosted by Bankers for Net Zero and Laconic Infrastructure Partners, Davis highlighted the Bahamas’ seagrass meadows as critical carbon sinks, and urged greater use of Article 6.2 cooperation, blended finance, and high-integrity carbon markets to protect ecosystems as global assets. Positioning the Bahamas as both vulnerable to climate change and a leader in solutions, Davis emphasised partnerships with the UK and international institutions to mobilise private capital and enhance resilience through the protection of marine ecosystems.

Breezy battle - A federal judge in Massachusetts on Thursday appeared sceptical that the court could halt US President Donald Trump’s directive barring federal permits for new onshore and offshore wind projects, E&E News reported. Judge William Young questioned the legal grounds for issuing such an order during a hearing in a case brought by Democratic-led states challenging the administration’s January 'Wind Directive', which instructed agencies to suspend permitting while leasing practices are reviewed.

An expert panel working on methodological elements of the Paris Agreement Crediting Mechanism (PACM) has proposed a 0.5-2.5% range over a 100-year period to define a "negligible" risk of reversal, in a bid to define a threshold for what is considered acceptable levels of permanence under new UNFCCC carbon crediting rules.

Signs of life flickered in the CORSIA carbon futures market in the first week of September, while prices ticked higher in the voluntary emissions avoidance and reduction sectors although retirement of credits remained low.

Global carbon emissions rise with economic growth but begin to fall once countries reach higher development levels, with policies like carbon taxes and emissions trading key to speeding up this shift, a study published Monday has found.

The third sale for Eligible Emissions Units (EEUs) is currently open for airlines who want to secure supply for Phase 1 (2024-26) of the CORSIA international aviation offsetting scheme, with a pool of 1 million credits available for bidders, the organisers confirmed to Carbon Pulse.

Colombian President Gustavo Petro last week presented a finance bill that would increase the national carbon tax, curb offsetting, and decrease the share of proceeds for climate measures – while elsewhere, public policy focused on climate finance mobilisation over carbon pricing.

An association representing air transport operators has ramped up its carbon credit demand outlook for the Phase 1 (2024-26) of the CORSIA international aviation emissions offsetting scheme, with the updated forecast placing expected requirements at between 146 mln and 236 mln over the three-year period.