Bezos Earth Fund to award $100 mln for AI-based climate solutions

Published 20:55 on April 16, 2024  /  Last updated at 20:55 on April 16, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Middle East, Nature-based, Other APAC, South & Central, US, Voluntary

US-based Bezos Earth Fund on Tuesday announced $100 million available in grant awards for solutions that use AI to address climate change.

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US power producer lowers 2042 emissions target, leans back on coal-fired plants

Published 23:32 on April 15, 2024  /  Last updated at 23:32 on April 15, 2024  / /  Americas, US, Voluntary

A gas-fired power producer with facilities across several US states has revised its energy portfolio framework finalised less than a year ago, now forecasting fewer CO2 cuts due to delayed retirements of coal-fired units and increased use of gas-powered electricity.

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Amended CCS bill passes Colorado House committee

Published 01:06 on April 13, 2024  /  Last updated at 01:06 on April 13, 2024  / /  Americas, US, Voluntary

A bill introduced in Colorado that aims to expand the state’s Energy and Carbon Management Commission’s (CECMC) regulatory authority on carbon capture and storage (CCS) operations passed a legislative committee Thursday with significant amendments.

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Methane offset developer to raise C$3 mln in IPO, lists orphaned well VCM projects under recently-approved methodology

Published 22:06 on April 12, 2024  /  Last updated at 18:23 on April 15, 2024  / /  Americas, Canada, US, Voluntary

A Florida-headquartered methane offset developer is looking to raise C$3 mln in an initial public offering in Canada, after this month listing two orphaned oil and gas well projects on a US-based voluntary carbon registry.

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Higher LCFS credit values required to adequately support SAF production -analyst

Published 01:24 on April 12, 2024  /  Last updated at 01:24 on April 12, 2024  / /  Americas, Aviation/CORSIA, RINs & LCFS, US

California’s current Low Carbon Fuel Standard (LCFS) credit values do not adequately incentivise market players to realise the potential for growth within the sustainable aviation fuels (SAF) industry, an analyst told webinar participants Thursday.

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Montana locals worry about safety of proposed CO2 pipeline project

Published 00:12 on April 12, 2024  /  Last updated at 00:12 on April 12, 2024  / /  Americas, US, Voluntary

Residents of a county in Montana have raised concerns about a project that could see potentially millions of tonnes of CO2 piped in from Wyoming and stored underground.

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California LCFS stakeholders call for increased stringency, biofuels remain controversial

Published 03:31 on April 11, 2024  /  Last updated at 03:35 on April 11, 2024  / /  Americas, RINs & LCFS, US

Stakeholders voiced support for an increased step-down in the 2025 carbon intensity (CI) reduction benchmark, and expressed an array of enthusiasm, concern, and confusion regarding the role of biofuels in California’s transportation system, at an informal workshop on Wednesday to discuss proposed amendments to the Low Carbon Fuel Standard (LCFS).

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California carbon offset greenwashing bill passes Senate committee

Published 22:24 on April 10, 2024  /  Last updated at 22:24 on April 10, 2024  / /  Americas, Nature-based, US, Voluntary

A California Senate bill that imposes stricter oversight on environmental claims using carbon offsets passed committee on Tuesday, despite industry opposition.

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ARB considers increase in carbon intensity step-down and role of biofuels in LCFS

Published 01:42 on April 10, 2024  /  Last updated at 01:42 on April 10, 2024  / /  Americas, RINs & LCFS, US

California regulator ARB is staying on course with the 2030 carbon intensity (CI) benchmark proposed in draft amendments last year, but is mulling adjustments to the one-time CI step-down for 2025 among other considerations based on stakeholder feedback.

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Canadian carbon offset fund collaboration to decarbonise Wyoming mine

Published 00:20 on April 9, 2024  /  Last updated at 00:20 on April 9, 2024  / /  Americas, Canada, EMEA, US, Voluntary

A Canadian fund that develops offset projects across North America revealed Monday that it has entered a long-term agreement with a Belgian chemicals company to reduce GHG emissions at its mine in Wyoming.

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