Verra publishes new cookstoves methodology
Verra replaced its prior cookstoves protocols on Wednesday, retaining the UN approach to calculate emissions reductions from its initial version, but eliminating opportunity for other devices such as ovens, heaters, and dryers, to generate voluntary carbon credits.
Read MoreOregon lays out proposed CFP rules in alignment with California’s LCFS
Oregon released draft rules to update their Clean Fuels Program (OCFP) after market close Friday, following in the footsteps of California’s near midnight Eastern publication earlier in the week of their Low Carbon Fuel Standard (LCFS) rulemaking changes.
Read MoreSCOTUS rejects states’ efforts to halt US methane rules
The US Supreme Court (SCOTUS) has denied stay applications filed by Republican-backed states against the Environmental Protection Agency (EPA)’s rules to limit methane output from the oil and gas sector.
Read MoreCanadian cement manufacturer targets emissions reductions with $38 mln low-carbon fuel investment
A major cement producer commissioned Thursday a $38 million low-carbon fuel facility at its Alberta cement plant, anticipated to replace up to 50% of the site’s gas usage and reduce 30,000 tonnes of CO2 annually.
Read MoreUS DOE awards more than $71 mln to 16 regional DAC hub projects
A national laboratory of the US Department of Energy (DOE) announced Wednesday that it has awarded over $71 million to 16 regional direct air capture (DAC) hub projects across the US.
Read MoreAlberta TIER September spot prices fall to lowest in two years as illiquidity dampens market
The Alberta Technology Innovation and Emission Reduction (TIER) programme recorded its lowest spot prices in the past two years, attributed to policy uncertainty, according to a report published Tuesday, while worries of forthcoming credit oversupply also shroud the outlook, market observers said.
Read MoreCWNYC24: Canadian carbon markets brace for shifting political, investment landscape
Impending federal elections and investment enthusiasm for carbon capture, utilisation, and storage (CCUS) are weighing on Canadian emissions trading systems, experts discussed during Climate Week NYC.
Read MoreCWNYC24: Cautious optimism from carbon removal buyers as market hopes for “second wave” of purchases
Carbon removal credit suppliers’ increased ambition was met with tempered buying expectations at Climate Week NYC this week, as the market looks forward to a “second wave” of credit purchases.
Read MoreCWNYC24: New York state officials select WCI as platform for cap-and-invest programme
Market administrator WCI Inc. will serve as the registry, auction, and financial services platform for the upcoming New York cap-and-invest (NYCI) programme, regulators announced Wednesday during Climate Week NYC.
Read MoreCWNYC24: EU and US climate negotiators want Article 6 “in the bag” in Baku
The top EU and US climate negotiators both signalled their strong desire to finalise negotiations on Article 6 at the UN climate talks in Azerbaijan this year, they said at Climate Week NYC on Wednesday.
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