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- Tue 03:03Brazil’s state-controlled oil company Petrobras and national development bank (BNDES) announced on Monday the three winners of the pair’s call for contracting 5 million carbon credits.
- Tue 02:05The June auction for current vintage allowances under Massachusetts's Global Warming Solutions Act (GWSA) carbon market cleared roughly one-third lower quarter-on-quarter (QoQ) while the advance sale set a new all-time high settlement, a recently published notice showed.
- Tue 01:56RGGI Allowance (RGA) futures continued to climb into the mid-$40s last week on decreased activity before reversing course on Monday as traders said it's unclear if there's enough momentum for prices to move beyond current levels.
- Tue 01:47Global climate finance flows neared $2.1 trillion last year, but will not meet minimum requirements for mitigation until “well into” the 2030s, as the annual rate of acceleration has dropped significantly, a report warned on Tuesday.
- A Brazilian biofuel producer signed a major carbon removal (CDR) credit deal for a new bioenergy with carbon capture and storage (BECCS) project with a large European commodities company.
