COP29: Major fossil fuel-producing countries commit funding, announce penalties to crack down on methane emissions
South Korea and the UK announced multimillion dollar funding commitments to support international efforts to reduce methane emissions, while the US launched a fine of over $1,000/tonne on excess production of the greenhouse gas from the fossil fuel sector on Tuesday.
Read MoreCOP29: Presidency secures early Article 6 outcome as parties approve carbon crediting standards
Azerbaijan’s COP29 presidency secured an early endorsement of key methodological standards under Article 6 during Monday’s opening plenary, driven to action by two years of failure at the annual UN climate summit to move forward on the Paris Agreement’s carbon crediting mechanism.
Read MoreCOP29: Envoy Podesta confident of continued US climate action under Trump presidency
US climate envoy John Podesta acknowledged the election of Donald Trump as “disappointing” for climate action, but remained steadfast in continued private sector and subnational-led efforts to reduce emissions at COP29 on Monday.
Read MoreDOCUSERIES: Inbetween Stories – Exploring the intersection of technology and climate change
Inbetween Stories, a six-part docuseries by Carbon Pulse reporter Allison Gacad, takes a critical look at the knowledge, capital, and humanity behind Metro Vancouver’s climate solutions, exploring the intersection of technology and climate change. Watch all episodes for free.
Read MoreCanadian emissions reductions too slow, overly optimistic, and a far cry from 2030 targets, auditor general says
Just six years remain to reach Canada’s target of 40-45% emissions reductions below 2005 levels, but efforts led by the federal government to reduce emissions face considerable implementation challenges, a report from the Office of the Auditor General (OAG) said Thursday.
Read MoreClimate companies might not find solace in Canada following US elections, experts say
Canadian cleantech tax credits and a favourable regulatory environment could lure US entrepreneurs to move north, but cohesive climate policy is under attack from Conservative opposition in the country, panellists said Thursday.
Read MoreCalifornia climate disclosure laws survive legal challenge from US business lobby
In a lawsuit filed by an association of US business groups against California’s climate disclosure rules, a US district court ruled in favour of the state on Tuesday, but the case remains active in pursuit of more evidence.
Read MoreCanada slightly blunts emissions cap on oil and gas sector
Canada opts for a marginally less stringent regulation of oil and gas emissions with compliance flexibilities in its draft regulations published Monday, targeting a 35% reduction in sector emissions by 2030.
Read MoreUS ELECTIONS PREVIEW – PART 4: CO2 pipelines dominate US Heartland environmental policy discourse ahead of elections
In the US Heartland CO2 pipeline controversy has brought glimmers of environmental policy to the region otherwise dominated by Republican trifectas, none of which are expected to shift at the upcoming November elections.
Read MoreUS ELECTIONS PREVIEW – PART 2: Close US Senate races in ex-RGGI states could shift balance of power in Congress
US Northeast and Mid-Atlantic RGGI member states that are Democrat strongholds are mostly expected to retain their trifecta status at the upcoming elections, presumably allowing for continued design and passage of carbon market programmes in 2025.
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