CWNYC24: Carbon credit project developers say it’s on buyers to pay for insurance
Voluntary carbon market project developers’ margins are too thin to also pay for insurance – and the responsibility for insuring projects ultimately lies with the buyer, according to speakers at Climate Week NYC.
Read MoreCWNYC24: Significant methane emissions transparency to arrive in early 2025, say satellite developers
Novel data on global methane emissions, collected by two satellites launched this past year, will be published in early 2025, project proponents said during Climate Week NYC on Tuesday.
Read MoreCWNYC24: Singapore and US allies attempt to shore up support for nascent transition credit market
In an effort to bolster scale beyond pilot projects, US and Singaporean architects of transition crediting mechanisms vouched for the nascent market’s ability to meet eventual compliance demand during Climate Week NYC on Monday.
Read MoreUS market regulator approves voluntary carbon credit trading guidelines
The US Commodity Futures Trading Commission (CFTC) approved final guidance Friday regarding the listing for trading of voluntary carbon credit derivative contracts.
Read MoreNova Scotia Liberals attempt to bring back cap-and-trade programme
The former premier of Nova Scotia introduced a bill that would re-install a provincial cap-and-trade programme, eying an end to the province’s compliance with the federal carbon levy.
Read MoreDecarbonisation funding from US private sector slows -Treasury official
Investment from the US private sector towards decarbonisation has slowed since 2022, a US treasury official said Wednesday, calling on firms to finance technologies to reduce emissions from the shipping and industrial sectors.
Read MoreCanadian biofuels company to invest $1.4 bln in CCS-equipped US production facility
A Canadian company will invest almost $1.4 billion into a US Gulf Coast renewable biofuels production facility, which will include capacity for carbon capture and sequestration (CCS) and ability to generate voluntary carbon offsets, it announced Tuesday.
Read MoreTen US organisations meet emissions reductions targets early via DOE partnership
Ten companies met their scope 1 and 2 emissions reductions goals ahead of schedule, supported by a US Department of Energy (DOE) programme, the agency said Monday.
Read MoreUS DOE funds $6.5 mln towards New Mexico coal CCS project
A New Mexico coal-fired power plant has received $6.5 million from the US Department of Energy (DOE) to study the feasibility of carbon capture and storage (CCS) on-site, the agency announced Monday, even though the region has recently struggled with CCS viability.
Read MoreUS DOE announces $15 mln to reduce oil and gas methane emissions
The US Department of Energy (DOE) announced Friday up to $15 million in funding to support research and development of projects that reduce methane emissions from undocumented, orphaned oil and gas wells.
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