US ELECTIONS PREVIEW – PART 3: Southern Republicans to continue pursuit of CCS, IRA investments after US elections
Southern US Republican lawmakers are expected to retain a grip on state legislatures in the region after the November elections, while continuing to avail of clean technology investments spurred by the Inflation Reduction Act (IRA), and promoting carbon capture and storage (CCS) in the region.
Read MoreUS ELECTIONS PREVIEW – PART 1: Policy implementation hurdles constrain WCI market schemes across US West as elections near
US West Coast states envisioned additional emissions reduction policies in the past legislative year, but implementation challenges have placed Washington’s carbon market on the ballot, with close elections in Arizona and Nevada that could dictate the future of environmental policy at a state and federal level.
Read MoreOregon signs state forest agreement with voluntary carbon credit project developer
Oregon’s Department of State Lands (DSL) signed a development agreement Thursday for an 83,000-acre (33,600 ha) state forest to generate carbon credits for sale in the voluntary carbon market (VCM).
Read MoreUS policymakers should act now for chance at $135 bln global CDR market opportunity -report
CO2 removals (CDR) can doubly support states to meet climate targets and tap into an emergent market estimated to reach up to $135 billion by 2040, with opportunity for policymakers to facilitate scale-up, said a US think tank in a report Wednesday.
Read MoreIncomplete data, low-quality credits mire first disclosures under California’s voluntary carbon offset law -report
Just over two dozen companies have published their voluntary carbon offset purchases in compliance with a recent California law, but many disclosures were incomplete and included low-quality credits, a research group said Thursday.
Read MoreUS CDR company raises $5.3 mln seed round
A US CO2 removals (CDR) startup announced on Wednesday its oversubscribed round of $5.3 million in seed funding, which will scale the firm’s efforts to remove CO2 from wastewater systems.
Read MoreCanada Growth Fund proposes to fund major CCS project in Alberta oilsands -media
Canada’s C$15 billion ($10.9 bln) public investment fund has made an offer to finance carbon capture and storage (CCS) technology for the fossil fuel industry, media reported Monday.
Read MoreSignificant market opportunity for biodiversity-centred agricultural carbon projects in LATAM, Caribbean -report
Carbon credit projects that centre biodiversity in the agricultural sector of Latin America and the Caribbean (LAC) can attract broader investment and meet both climate and biodiversity targets, said a report authored by voluntary carbon market (VCM) proponents on Monday.
Read MoreUS materials production results in $79 bln in climate costs to society -study
Researchers at the University of California found that US manufacturing of major materials – including cement, steel, and asphalt – produced $79 billion in externalised climate costs, with the authors recommending carbon pricing measures to better address emissions in a paper published Friday.
Read MoreCanadian voluntary carbon firm purchases 1.2 mln Brazilian REDD+ credits
A Vancouver-based carbon credit financier announced Thursday its purchase of 1.2 million credits from a Brazilian REDD+ project, designed to conserve nearly 200,000 hectares of Amazon rainforest.
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