A North American methane mitigation and well-plugging company has raised $2.4 million in fresh capital and secured several new energy-sector clients as it expands its remediation operations across the United States and prepares for international growth.

A newly launched CO2 removals developer has emerged with plans to build a portfolio of community-focused forestry and biomass projects.

A Sydney-based investment manager and forestry firm launched its first global natural capital strategy fund, which will invest across forestry, agriculture, carbon, and biodiversity markets.

Brazil’s National Bank for Economic and Social Development (BNDES) and the Ministry of Environment and Climate Change (MMA) have announced five new forest restoration and agroforestry financing operations worth R$834 million ($164 mln), expected to leverage a total of R$2.7 billion in investments and generate millions of carbon credits.

Producers cut their California Carbon Allowance (CCA) net length and extended their RGGI Allowance (RGA) net short during the most recent period reported by the US Commodity Futures Trading Commission (CFTC) following quarterly auction results.

You're at fault - A federal judge in South Carolina found the US EPA violated federal procedural law when it issued guidance terminating a $2.8 bln environmental and climate justice grant programme funded through the Inflation Reduction Act, saying the agency had ended the programme for policy reasons, E&E News reported. However, the judge declined to order the EPA to implement the grants, saying such a move would likely require the agency to rehire and staff the programme and would be impractical.

New nuclear power - New York’s Public Service Commission has opened a formal process to gather input on how to support 4 GW of new nuclear power, following Gov. Kathy Hochul’s (D) directive to expand nuclear generation as part of the state’s zero-emissions electricity goals and response to rising power demand, E&E News reported. State officials said early planning is needed because nuclear projects require long development timelines and must be coordinated with transmission investments, while Hochul has framed nuclear as part of an “all-of-the-above” energy strategy and an area of rare alignment between New York and the federal government.

Science under scrutiny - Scientists at a Columbia University climate law conference said they would continue attribution research linking corporate emissions to stronger heat waves, hurricanes, and other disasters, despite what speakers described as federal, congressional, Republican state attorneys general, and industry efforts to discredit or limit the field, E&E News reported. Speakers said attribution science is increasingly being targeted because of its potential use in climate litigation against fossil fuel companies, though legal experts noted the science has not yet played a major role in cases that remain largely stalled on procedural issues. Researchers also linked the scrutiny of attribution science to broader Trump administration actions affecting climate and publicly funded scientific research, warning that cuts to federal support could weaken the pipeline of climate scientists sought by universities, insurers, analytics firms, and financial institutions.

Investors react sharply when an asset's carbon footprint becomes a prominent public issue, but do not systematically price changes in underlying emissions, according to new research using cryptocurrency markets as a natural experiment.

Guidance underpinning the rapidly expanding blue carbon sector frequently overlooks key tenure rights and international obligations to Indigenous peoples, coastal communities, and small-scale fishers, potentially exposing local groups to dispossession and exclusion from project benefits, researchers have warned.

A Colombian carbon crediting standard has opened a public consultation on a revised biochar methodology, with updates aimed at strengthening rules on biomass eligibility, permanence, leakage, uncertainty, and long-term storage.

Nature-based solutions deserve stronger support in the newly released Science Based Targets initiative's (SBTi) Corporate Net-Zero Standard Version 2.0, though they still have a clear pathway to scale, according to some carbon market stakeholders, who pointed to the standard's prioritisation of engineered removals to help companies tackle hard-to-abate emissions later down the line.

Armed conflict and policy uncertainty are making parts of the international carbon market harder to insure just as the EU looks to lean more on overseas credits, according to Bilal Hussain, co-founder and CEO of carbon credit insurer Artio.

Climate policies are overlooking up to 15% of global warming because they focus on a decades-old "basket" of greenhouse gases while ignoring other pollutants that indirectly heat the planet, according to a new paper.

Verra has issued a number of corrections and clarification for version 2.2 of its VM0042 methodology for Improved Land Management that was released in October.

Sao Paulo state has launched a five-year, R$30 million ($5.9 mln) programme to develop Brazil's first bioenergy with carbon capture and storage (BECCS) pilot project for sugarcane ethanol.

Trading of California Carbon Allowances (CCAs) slowed following the high of regulator ARB's recent vote on proposed Cap-and-Invest programme changes, while Washington Carbon Allowance (WCA) prices and trading activity dipped into the Q2 auction results.