US energy sector could see $1 trillion less low-carbon investment under second Trump presidency -report
A November election victory for former US President Donald Trump would likely see reduced support for low-carbon energy and a rollback of methane, power plant, and transportation emissions regulations, according to a report published Thursday.
Read MoreDOE funded $19.7 mln “technically unacceptable” CCS project, says US Government Accountability Office
The US Government Accountability Office (GAO) has found that a carbon storage project funded by the Department of Energy (DOE) did not meet technical thresholds and is now delayed and the cost overrun, it said in a report published Thursday.
Read MoreAlberta TIER programme tightens emissions benchmarks for second time this year
The Alberta Technology and Emission Reduction (TIER) programme on Tuesday published a second round of updated benchmarks this year, tightening allowable emissions levels and raising compliance obligations through to 2030 across multiple sectors.
Read MoreVoluntary carbon credit management firm, Brazilian investor partner to scale offset projects
A voluntary carbon market management firm and a Brazilian investment company will collaborate to bolster opportunities for offset projects in Brazil.
Read MoreMicrosoft emissions up 29.1% from 2020, contracts over 5 mln carbon removal credits in 2023
US tech giant Microsoft saw an aggregate 29.1% increase in Scope 1-3 emissions in 2023 relative to its 2020 baseline, largely driven by data centre construction, alongside procurement of over 5 million tonnes in multi-year carbon removal offtake agreements, according to its annual sustainability report published Wednesday.
Read MoreCzech project developer to generate up to 50,000 voluntary carbon credits from Chilean land
A Czech project developer has signed contracts with Chilean farmers to develop tens of thousands of carbon credits from 5,000 hectares of land in 2025 via regenerative agriculture practices.
Read MoreBRIEFING: Federal judge questions basis of discrimination in Washington cap-and-trade lawsuit
A US federal district judge has questioned the nature of a power producer’s electricity consumers, its allocation of no-cost allowances as per Washington state’s Climate Commitment Act (CCA), and the future of the facility’s participation in the cap-and-trade programme, according to legal arguments heard in court.
Read MoreCanada’s GHG emissions increase 1.3% in 2022, land use sector jumps 264%
Canadian greenhouse gas emissions from energy, industry, agriculture, and waste sectors increased 1.3% year-on-year in 2022, although land use and forestry (LULUCF), excluded from the national totals, jumped 264% YoY.
Read MoreMajor Canadian power producer folds C$2.4 bln CCS project
An Alberta-based power generator scrapped its C$2.4 bln ($1.7 bln) carbon capture and storage (CCS) project, citing it as not economically feasible, following attempts over several months to secure a carbon contract for difference (CCfD) agreement with the Canadian government.
Read MoreMajor carbon removals buyer calls for reconciliation between corporate claims and national goals
A major carbon dioxide removals (CDR) buyer has outlined how private sector CDR claims can coexist with national emissions accounting, as the firm continues its efforts to scale the nascent market.
Read More