US Congress committee proposes to slash billions for emissions reductions projects in federal budget
Billions of dollars in funding for emissions reductions are up for repeal in the US as a Congressional committee works to finalise federal spending levels for the next decade.
Read MoreBrazil’s $125 bln forest fund design “unbalanced” to developing country needs -report
An environmental advocacy group urged policymakers to prioritise forest protection over returns to fund sponsors in the development of Brazil’s $125 billion forest fund, in a policy paper published Friday.
Read MoreOver 15 states file lawsuit against Trump administration following EV funding freeze
Attorneys general (AGs) from more than 15 states filed a lawsuit Wednesday against a federal agency following its February suspension of a $5 billion electric vehicle (EV) charging infrastructure programme.
Read MoreMaine lawmakers propose climate superfund act, environmental commissioner urges delay
A Maine environmental commissioner recommended delaying proposed climate superfund legislation introduced in both chambers at a hearing Monday.
Read MoreVoluntary carbon credit platform raises $4.5 mln in seed funding
A carbon credit provider raised $4.5 million in funding from several venture capital investors and also launched its backstop measure to mitigate risk, the company announced Tuesday.
Read MoreGlobal food companies progress on emissions disclosure, but fail to quantify climate targets -report
An analysis of 50 multinational food companies with over $1 billion in North American revenues found that a majority of them have disclosed Scope 3 emissions but have failed to quantify emissions reductions targets.
Read MoreBRIEFING: Canada to strengthen carbon policy, provincial equivalency remains precarious, experts say
Canadian carbon policy is set to strengthen following last week’s re-election of a Liberal government, though stakeholders are watching how Ottawa will keep provinces on board with emissions reductions, experts said on a webinar Monday.
Read MoreGlobal industrial company delays $8 bln US CCS project
An industrial gas company has delayed the startup of its $8 billion blue hydrogen and carbon capture and storage (CCS) project in the US until it is able to divest certain elements of the effort.
Read MoreTrump asks Congress to cut over $15 bln in domestic, international climate funds
US President Donald Trump wants to slash over $15 billion in funding for emissions reduction projects, which could further dampen domestic carbon management efforts and global multilateral climate initiatives should Congress ratify his proposal.
Read MoreBRIEFING: Potential legal arguments against California carbon market ‘quite weak’, legal expert says
A legal expert noted several avenues of action that the US Attorney General could take against California’s carbon market, but described them as “quite weak”, in a meeting with the state’s carbon market watchdog Thursday.
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