US central bank dismantles internal climate-focused groups -media
The US Federal Reserve disbanded several committees tasked with assessing financial risks and vulnerabilities related to climate change, media reported Wednesday, reflecting a broader rollback in the financial sector.
Read MoreReturn back to basics amid macro, political uncertainty, climate tech investors say
Unit economics, profit margins, and customer pain points have taken centre stage for climate tech investors as they assess prospective investees in an uncertain market, conference attendees heard Wednesday.
Read MoreVerra announces partnership to speed up voluntary carbon market processes
Standards body and registry Verra announced a long-term partnership Wednesday in support of the organisation’s efforts to automate and digitalise project development for the voluntary carbon market (VCM).
Read MoreBRIEFING: Canadian carbon market players pressure PM Carney for policy stability, provincial collaboration
Canada’s newly-elected Prime Minister Mark Carney faces pressure from carbon market participants to stabilise climate policy amid recent turbulence, a conference heard Wednesday.
Read MoreAlberta TIER opt-ins could exit programme absent Canada’s carbon tax -market expert
Entities emitting about one-tenth of Alberta’s industrial emissions risk falling outside the scope of being regulated for their CO2 output following removal of Canada’s consumer-facing carbon tax, an expert said during a conference Wednesday.
Read MoreBRIEFING: US pressure compels industry enthusiasm for Canadian biofuels production
Made-in-Canada renewable fuel mandates – brought upon by a provincial government in response to US trade war pressure – have encouraged domestic production, as the industry pushes other governments to follow suit, a conference heard Tuesday.
Read MoreCalifornia emitters retired offsets of “dubious” quality, largely out-of-state -analysis
Academic researchers found that carbon offsets retired for compliance under California’s cap-and-trade programme were largely from out-of-state projects and of “dubious” quality, in new analysis published Thursday.
Read MoreFEATURE: Carbon capture major faces turning point as it enters voluntary carbon market
Following 17 years of developing technology to capture CO2 from industrial sources, a Canadian company said that becoming a voluntary market project developer was essential to its scale-up despite the risks, detailing its near-term plans to Carbon Pulse.
Read MoreBRIEFING: Canadian CCS industry calls for policy certainty
Out of frustration with the complex regulatory landscape for Canadian carbon capture and storage (CCS) projects, several industry representatives called on governments to simplify climate policy during an event Tuesday.
Read MoreCanadian company aims for annual CO2 capture capacity of 10 mln with manufacturing facility launch
A Canadian carbon capture company launched its manufacturing facility on Tuesday, with the goal of scaling its production capacity to enable capture of 10 million tonnes of CO2 per year.
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