INTERVIEW: White House guidance needed for regulators considering AI growth

Published 01:30 on December 5, 2024  /  Last updated at 01:30 on December 5, 2024  / /  Americas, US

Energy regulators need more guidance when considering the opportunities and challenges of artificial intelligence (AI) on grid reliability, a former chair of the US Federal Energy Regulatory Commission (FERC) told Carbon Pulse.

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CORSIA market liquidity hinges on Article 6 alignment by eligible carbon standards -report

Published 01:27 on December 5, 2024  /  Last updated at 01:27 on December 5, 2024  / /  Aviation/CORSIA, Climate Talks, International, Paris Article 6, Voluntary

New CORSIA-eligible carbon standards under the UN’s aviation offsetting scheme will likely enhance liquidity in this credit-strapped market – but only if emission units comply with Article 6 requirements, and if participating countries institute “correct and balanced” incentives and penalties, as per a report published Wednesday by an international project developer.

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Mining industry faces tough road to decarbonisation amid surging demand for critical minerals -report

Published 00:22 on December 5, 2024  /  Last updated at 00:22 on December 5, 2024  /  Americas, Asia Pacific, EMEA, International

The global mining industry faces a steep challenge in its efforts to decarbonise, with emissions reductions falling far short of targets needed to align with international climate goals, according to a new report.

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Stakeholders make final case for OCFP changes ahead of vote on approval 

Published 00:10 on December 5, 2024  /  Last updated at 00:10 on December 5, 2024  / and /  Americas, RINs & LCFS, US

The final draft of Oregon’s Clean Fuels Program (OCFP) requires numerous refinements to better support businesses and drive investments for low carbon initiatives, industry voices told the state’s Department of Environmental Quality (DEQ).

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Carbon removal buyers club signs offtake agreement with South American biochar developer

Published 00:01 on December 5, 2024  /  Last updated at 16:28 on December 3, 2024  / /  Americas, Asia Pacific, EMEA, Japan, South & Central, Voluntary

A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.

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Energy professionals sceptical UK will hit climate targets

Published 00:01 on December 5, 2024  /  Last updated at 15:33 on December 3, 2024  / /  EMEA, UK ETS

Most energy professionals in the UK believe the country will fail to hit its climate targets, casting doubt over the government’s flagship policy to decarbonise the electricity grid by 2030, a survey has found.

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State of Colima approves second-highest CO2 tax in Mexico

Published 23:31 on December 4, 2024  /  Last updated at 23:31 on December 4, 2024  / /  Americas, Carbon Taxes, Mexico

The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.

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Major carbon ETF adds Washington state allowances to holdings after market survives vote

Published 22:35 on December 4, 2024  /  Last updated at 22:35 on December 4, 2024  / /  Americas, Canada, EMEA, EU ETS, UK ETS, US

A major US-listed carbon ETF has added Washington state’s cap-and-trade allowances to its holdings in its latest reweighting.

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Climate finance firm to source 250k credits from US-based soil carbon project

Published 19:49 on December 4, 2024  /  Last updated at 19:49 on December 4, 2024  / /  Americas, Nature-based, US, Voluntary

A California-based climate finance firm inked an agreement Wednesday with a carbon farming programme in which the firm will gain access to 250,000 credits sourced from a US-based regenerative agriculture soil carbon project.

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US DAC company raises $150 mln in Series B funding to scale technology

Published 19:11 on December 4, 2024  /  Last updated at 19:11 on December 4, 2024  / /  Americas, US, Voluntary

A California-based direct air capture (DAC) company announced on Wednesday $150 million in funding from a range of industrial and venture capital investors aiming to drive down costs of the technology.

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