Trade group pitches US EPA to boost RFS volumes

Published 02:13 on June 26, 2024  /  Last updated at 02:13 on June 26, 2024  / Joan Pinto /  Americas, RINs & LCFS, US

A clean fuels trade group petitioned the US Environmental Protection Agency (EPA) on Tuesday to increase Renewable Fuel Standard (RFS) volumes for 2024 and 2025 based on actual production output.

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Brazilian police probe uncovers new carbon projects, plus hydroelectric, logging plans -media

Published 00:27 on June 26, 2024  /  Last updated at 00:27 on June 26, 2024  / Alejandra Padin-Dujon /  Americas, Nature-based, South & Central, Voluntary

An ongoing probe by the Brazilian federal police (PF) has uncovered new projects by a group already under investigation for suspected carbon fraud, and evidence has come to light that those involved also allegedly intended to install and operate hydroelectric plants illegally, as well as engage in illicit wood harvesting, according national media reports.

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State judge rejects effort to toss out Colorado local governments’ lawsuit against oil majors

Published 00:20 on June 26, 2024  /  Last updated at 00:20 on June 26, 2024  / Graham Gibson /  Americas, US

A Colorado state court judge denied on Friday requests to dismiss a lawsuit from a city and county seeking damages from fossil fuel firms for the impacts of climate change.

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Iowa regulators approve construction permit for CO2 pipeline

Published 20:29 on June 25, 2024  /  Last updated at 20:29 on June 25, 2024  /  Americas, US, Voluntary

The Iowa Utilities Board (IUB) on Tuesday approved an application for a construction permit of a proposed CO2 pipeline in the state.

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Virginia RGGI repeal challenge from green group proceeds on merits

Published 20:14 on June 25, 2024  /  Last updated at 20:14 on June 25, 2024  / Joan Pinto /  Americas, US

A new judge in a Virginia county circuit court ruled Monday that a green group’s case opposing the state’s withdrawal from the RGGI carbon market has standing to proceed with two claims moving forward.

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Use of renewables-based electricity can cut India’s heavy industry emissions by 17% -report

Published 19:31 on June 25, 2024  /  Last updated at 11:03 on June 25, 2024  / Nikita Pandey /  Asia Pacific, Other APAC

India can slash 17% of its carbon emissions from heavy industries by 2030 through the use of renewables, a report released Wednesday has found.

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Euro Markets: EUAs recover after testing technical low as UKAs rise the most in three weeks

Published 17:23 on June 25, 2024  /  Last updated at 17:27 on June 25, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices snapped a three-day losing streak on Tuesday, shrugging off an early decline to an eight-week low in early trading to rally above a technical resistance level in the afternoon, while natural gas moved higher even as TTF prices remain within their recent range and UKAs posted their largest gain in more than three weeks.

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Multi-faceted carbon removal startup secures first offtake deal for biochar credits

Published 17:09 on June 25, 2024  /  Last updated at 17:09 on June 25, 2024  / Paddy Gourlay /  Americas, Canada, US, Voluntary

A North American carbon dioxide removal (CDR) startup that mixes various technologies has secured its first offtake agreement for biochar credits.

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Biodiversity Pulse: Tuesday June 25, 2024

Published 16:45 on June 25, 2024  /  Last updated at 16:45 on June 25, 2024  / Carbon Pulse /  Biodiversity, Newsletters

A twice-weekly summary of our biodiversity news plus bite-sized updates from around the world. All articles in this edition are free to read (no subscription required).

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UK forest carbon fund to complete afforestation plans within 12 months

Published 16:40 on June 25, 2024  /  Last updated at 16:40 on June 25, 2024  / Roy Manuell /  EMEA, Nature-based, Voluntary

A British forest carbon fund is on course to finish its tree-planting programme by “spring 2025”, it announced in an annual investor report Tuesday, though a lack of available equity has held the firm back from acquiring more planting land to continue the scheme beyond this date.

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