Opposition towards avoided biomethane crediting under California’s LCFS persists
Ending factory farm biogas crediting under California’s Low Carbon Fuel Standard (LCFS) is a top priority for a large share of the stakeholders commenting on a proposed amendment package for the scheme.
Read MoreWCI Markets: CCAs pushed lower, WCAs driven up on low volume
California Carbon Allowance (CCA) prices trickled lower through the week as traders said option strategies were driving wide day ranges, while Washington Carbon Allowances (WCA) rose on ongoing muted activity.
Read MoreUS details guidance for SAF credit generation under IRA
The US Department of the Treasury and Internal Revenue Service (IRS) on Tuesday released their updated guidance for sustainable aviation fuel (SAF) tax credits to establish eligibility for fuel producers, incorporating avenues to reward the use of renewable natural gas (RNG) and carbon capture and storage (CCS).
Read MoreUS aviation stakeholders launch coalition to uplift the SAF market
Some 40 aviation industry stakeholders and biofuels producers on Monday announced the launch of the Sustainable Aviation Fuel (SAF) Coalition to advance investments and drive policies within the sector.
Read MoreUS-based paint producer announces subsidiary to establish carbon capture facility
A Florida-headquartered paint producer this week unveiled a subsidiary with plans to build a facility in Arizona that will use captured CO2 to manufacture concrete products.
Read MoreSoil management firms to facilitate carbon credit generation for Texas landowners
Two Texas-based soil management companies are collaborating with the state’s property owners association to engage landowners in nature-based carbon capture initiatives and credit generation.
Read MoreRecently announced federal tax incentives for biofuels’ feedstocks set to fuel industry decarbonisation
Federal incentives to lower carbon intensity (CI) in feedstocks, coupled with advancements in carbon removal and renewable natural gas, could propel the biofuels industry towards net zero in the US, industry members told a webinar Thursday.
Read MoreCanadian removals firm launches partnership to explore CO2 mineral storage
A Canadian engineered carbon removals firm and an Iceland-based CO2 mineral storage operator on Thursday announced a partnership to explore storage potential in Quebec.
Read MoreNature-based offset trading platform raises €5.3 mln to strengthen operations
A nature-based trading startup announced on Thursday that it has secured nearly €5.3 million ($5.7 mln) in seed funding to advance its operations and introduce additional offset projects to its platform.
Read MoreUS DOE invests $23 mln in CCS for enhanced oil recovery
The US Department of Energy (DOE) on Wednesday announced funding worth over $23 million for two projects that will assess the feasibility of carbon capture and storage (CCS) for enhanced oil recovery (EOR).
Read More