Agri-food corporates behind huge annual CO2 emissions impact, climate progress too slow -report
Five of the world’s largest food and agriculture corporations alone accounted for some 352 million tonnes of CO2e in 2023, while the entire sector still emits about one-third of global GHGs and is not decarbonising fast enough, according to a report published Tuesday.
Read MoreCP Daily News Ticker: June 2, 2025
No siting issues here – Rex American Resources is continuing to advance its CCS projects in Illinois, CEO Zafar Rizvi announced in the first quarter earnings call, despite a recent bill in the state that would prohibit CO2 sequestration activities when nearby single-source aquifers or primary sources of drinking water….
Read MoreCP Daily News Ticker: June 2, 2025
Hitting the brakes – California Assemblymember Jasmine Baines (D) called for the resignation of Liane Randolph as chair of the California clean air regulator ARB in a statement on Friday. Baines based her demand on recent testimony from Randolph, who said ARB does not analyse the impact of their policies…
Read MoreSeaweed CDR could unclog Florida coastlines -report
Sinking the brown, floating seaweed clogging up Florida coastlines could both help clean up its beaches and store carbon, but projects may struggle to navigate complex regulatory landscapes, researchers from Columbia University suggested in a recent report.
Read MoreCP Daily News Ticker: June 2, 2025
Break on Petrobras – More than 60 Indigenous chiefs in Brazil have signed a letter of repudiation against the environmental licensing process underway by Petrobras to explore block FZA-M-59, a site at the mouth of the Amazon River. The Council of Chiefs of the Indigenous Peoples of Oiapoque (CCPIO), a…
Read MoreUS DOE adjusts lifecycle emissions methodology to expand 45Z eligibility
The federal 45Z tax credit originally designed to spur the production of clean transportation fuels can now be claimed by more producers using fossil fuel feedstocks after the US DOE made several adjustments to the way it calculates fuels’ lifecycle emissions.
Read MoreCP Daily News Ticker: June 2, 2025
Harvest – Brazilian agricultural cooperative Copagril will distribute approximately R$7.5 mln ($1.3 mln) to 226 producers who participated in its 2024-25 carbon credit programme, the organisation announced on Friday. Funds will be distributed on June 17 to participants from the regions of Marechal Candido Rondon, Quatro Pontes, Guaira Mercedes, Realeza,…
Read MoreUAE climate law enters into force, leaving one year for compliance
A new Emirati law entered into force on Friday, mandating GHG emissions measurement, reporting, and reduction, sector by sector, and promoting carbon trading pursuant to these goals.
Read MoreHundreds respond to SBTi consultation, as voluntary carbon market urges greater alignment across standards
Nearly 1,000 stakeholders have responded to the Science Based Targets initiative’s (SBTi) consultation on its latest draft Corporate Net-Zero Standard, with several submissions from the voluntary market and business organisations calling for fewer burdens to carbon credit use, and urging greater alignment with other standard setters.
Read MoreCP Daily News Ticker: June 2, 2025
Going global – Global Factor has executed the first EU ETS2 transaction in Spain for EUA2 carbon allowance futures, as part of a bilateral transaction with another unnamed market participant, according to Spanish outlet El Periodico de la Energia. Neither the volume nor price was specified. Trade has so far…
Read More
