Consulting firm inks deal with DAC developer to inform project design

Published 00:29 on August 28, 2024  /  Last updated at 00:29 on August 28, 2024  / /  Americas, EMEA, US, Voluntary

A global consulting firm has partnered with a direct air capture (DAC) project developer to help inform the design of large-scale CO2 removal plants, the companies announced Tuesday.

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Colorado adopts regulations to realise state’s geothermal energy potential

Published 00:44 on August 23, 2024  /  Last updated at 00:44 on August 23, 2024  / /  Americas, US

Colorado this month adopted a new set of regulations to facilitate geothermal energy development as part of the state’s ongoing effort to reduce its reliance on oil and gas energy sources.

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Advocates overshadow industry’s cost concerns under Oregon CPP with calls for stricter rules

Published 06:57 on August 22, 2024  /  Last updated at 06:57 on August 22, 2024  / /  Americas, US

Industry complaints about compliance costs under Oregon’s proposed Climate Protection Program (CPP) rule were eclipsed by environmental advocates’ calls for immediate implementation of a more stringent scheme at Wednesday’s public hearing held by the programme’s regulator.

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US DOE unveils $15 mln to support market entry of industrial decarbonisation technologies

Published 00:45 on August 22, 2024  /  Last updated at 00:45 on August 22, 2024  / /  Americas, US

The US Department of Energy (DOE) has announced $15 million in lab call funding to advance later-stage commercialisation and deployment of industrial decarbonisation technologies.

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Compliance frameworks using offsets and CDR may steer VCM evolution, but quality concerns persist

Published 01:31 on August 21, 2024  /  Last updated at 01:31 on August 21, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

Compliance-focused schemes that allow the use of offsets could shape the future of the voluntary carbon market (VCM) along with an increase in the usage of CO2 removal (CDR) credits, but quality concerns must be addressed to ensure growth, panellists told a webinar Tuesday.

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California Senator proposes to delay climate disclosure law rollout

Published 03:05 on August 17, 2024  /  Last updated at 03:05 on August 17, 2024  / /  Americas, US

The bill sponsor of California’s emissions disclosure law proposed a six-month implementation delay to the regulation, among other changes this week.

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Eight US states back Ohio’s SCOTUS appeal against California’s clean vehicle mandate authority

Published 01:29 on August 16, 2024  /  Last updated at 01:29 on August 16, 2024  / /  Americas, US

Eight states last week filed a joint brief at the Supreme Court of the US (SCOTUS) in support of Ohio’s ongoing battle against the Environmental Protection Agency’s (EPA) authorisation of California’s regulations to mandate increasing sales of zero emission vehicles (ZEVs).

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Oregon details final considerations for policy changes to its clean fuels programme

Published 02:39 on August 15, 2024  /  Last updated at 02:39 on August 15, 2024  / /  Americas, RINs & LCFS, US

Oregon’s Clean Fuels Program (OCFP) revisions will include an insurance mechanism for carbon capture and sequestration (CCS) projects, validation mandates, and changes to third party verification provisions, in addition to carbon intensity (CI) model updates, the regulator confirmed Wednesday.

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Washington state court’s ruling against lawsuits blocking cap-and-invest repeal reaching November ballot raises transparency concerns

Published 00:17 on August 13, 2024  /  Last updated at 00:17 on August 13, 2024  / /  Americas, US

The Washington Supreme Court rejected challenges by non-profits against certification of recent initiatives, including one to repeal the state’s ETS, with the initiatives’ sponsor bewailing lack of transparency on complaints filed.

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Speculators continue to bag V25 CCAs, while producers stack on RGGI length

Published 02:10 on August 10, 2024  /  Last updated at 02:10 on August 10, 2024  / /  Americas, Canada, US

Financial entities continued to add new length to their long-dated California Carbon Allowance (CCA) holdings while reducing net positions in other North American carbon markets over the week, while producers continued to stack on RGGI Allowance (RGA) length, according to weekly data from the US Commodity Futures Trading Commission (CFTC).

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