ARB considers increase in carbon intensity step-down and role of biofuels in LCFS
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.
Read MoreCanadian carbon offset fund collaboration to decarbonise Wyoming mine
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.
Read MoreRGGI Market: Permit prices descend from peaks as traders brace for more volatility
RGGI Allowance (RGA) prices retreated from the highs of the previous week as observers anticipate continued volatility in the absence of a market signal and amid ongoing silence from member states regarding proposed programme changes.
Read MoreCarbon capture technology firm wins financial backing from US oil giant
A Colorado-based carbon capture firm this week announced investment from a US oil major and investment firm to help deploy its CCS technology in hard-to-abate sectors.
Read MoreCalifornia environmental justice proponents pushback against CCS amid calls for cap-and-trade, LCFS improvements
Presenters at a meeting hosted by California’s Environmental Justice Advisory Committee (EJAC) on Thursday raised concerns about risks of CO2 capture and storage (CCS) measures, and also recommended alternative revenue distribution options for the cap-and-trade scheme to lower cost burdens on consumers.
Read MoreCalifornia regulator ARB proposed cutting Scope 3 requirements from climate disclosure bill, document reveals
California regulator ARB recommended excluding supply chain emissions from the corporate climate disclosure law as it was being negotiated last year, recently acquired draft amendments showed.
Read MoreJoint initiative gives more than 30,000 Nigerian smallholder farmers access to carbon finance
An agtech partnership with an emissions trading marketplace launched on Wednesday aims to provide more than 30,000 smallholder farmers in Nigeria with access to carbon finance.
Read MoreUS steel producer inks first North American deal to capture CO2 at its plant
A US steel producer on Wednesday announced a 20-year agreement with a carbon capture technology firm to establish a CCUS facility at one of North America’s largest integrated steel mills.
Read MoreRGGI Market: RGAs set new records as sellers wait to secure higher profits
RGGI allowance (RGA) values reached new peaks for the third consecutive week amid market expectations of further rises until sellers lock in profits, with price stabilisation likely after the finalisation of programme changes.
Read MoreCanadian carbon offset investor reports big net loss amid falling credit prices
A Canada-headquartered voluntary carbon offset originator on Thursday reported an annual net loss of $35.5 million (C$48.1 mln) in 2023 amid halved credit sale prices, despite ongoing restructuring efforts to reduce operating costs.
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