US taps $104 mln for rural America clean energy programmes
The US Department of Agriculture (USDA) announced funding for anaerobic digesters, a biomass plant, and an ethanol production project as part of a large $104 million package of clean energy awards to spur economic development in rural areas.
Read MoreCFEL24: Most VCM participants now seek compliance-eligible projects -ratings agency
Most voluntary carbon market (VCM) investors are now only looking at projects expected to fit within regulated regimes, like CORSIA or Article 6, according to the head of a carbon project ratings agency.
Read MoreCFEL24: UK could consider using Article 6 credits for ‘above and beyond’ mitigation as it mulls next NDC
The UK may use international credits for “above and beyond” mitigation, pending a decision on how to approach its next set of UN climate goals, with the country’s lead negotiator hopeful for a breakthrough in talks at the upcoming COP29 meeting, a conference heard on Tuesday.
Read MoreUS carbon standard registers first biochar project
A US-based carbon credits standard has registered the first project under its biochar methodology, the company said in a press release.
Read MoreEuro Market: EUAs re-test six-month lows as selling pressure continues to dominate
European carbon allowance prices came under renewed pressure on Tuesday amid continued gloomy macroeconomic and geopolitical sentiment, but sustained selling encountered support marginally above Monday’s six-month low.
Read MoreCFEL24: Investors call for detailed data to mitigate risks as EU ETS free allocations shrink
Investors want detailed data and long-term investment strategies to navigate future carbon pricing scenarios, as they prepare to work in a context with fewer free allowances in compliance markets.
Read MoreRGGI maintains even keel in Q4 auction volumes amidst slump in RGA prices
RGGI states will offer a similar volume of permits at their Q4 sale as the prior quarter, according to a Tuesday announcement, even as RGGI Allowance (RGA) prices in the secondary market have declined 27% since the September auction.
Read MoreBRIEFING: UK considering key reforms in next renewables auction
The UK government is considering key reforms to the next renewables auction in 2025 including on reference price reform, longer contracts, and capacity targets, an official said on Tuesday.
Read MoreChile looks to double offsets toward CO2 tax, accept more registries in 2025 -official
Chile’s environment ministry aims to double the carbon tax liability ‘paid’ in carbon credits next year and businesses are on board, Carbon Pulse heard from an official at the Chile Carbon Forum in Santiago on Tuesday.
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