California, Quebec agree to explore carbon market linkage with Washington state
WCI partners California and Quebec on Wednesday confirmed their interest in potentially extending their carbon market alliance to Washington, despite the voter-led ballot initiative that could upend the Evergreen State’s cap-and-invest scheme.
Read MoreResearchers advise caution on enhanced rock weathering estimates for CO2 removal
Although enhanced rock weathering has picked up in popularity as a method of CO2 removal, a US-based research group found there was a significant range in its effectiveness across studies and that results should not be taken at face value.
Read MoreUS DOE identifies adequate biomass potential to surpass domestic SAF target
The US will have a biomass production capacity of 1 billion tonnes in the future – enough to nearly double its 2050 sustainable aviation fuel (SAF) target, the Department of Energy (DOE) reported.
Read MoreUS federal appeals court hits pause on SEC’s new climate disclosure regulations
A US federal court on Friday halted the US Securities and Exchange Commission’s (SEC) new climate disclosure rules amid mounting legal challenges.
Read MoreSpeculators slash holdings across North American carbon markets, compliance entities add CCAs, RGAs
Speculators continued to shed holdings across North American carbon markets, as producers once again increased California Carbon Allowance (CCA) and RGGI Allowance (RGA) net length while dropping Washington Carbon Allowance (WCA) permits, data published Friday by the US Commodities and Futures Trading Commission (CFTC) showed.
Read MoreWCI current year auction volumes pick up for Q2 sale
California-Quebec will offer slightly more allowances at May’s WCI auction compared to Q1, breaking the pattern of reduced volumes offered over the last two sales, a government notice published Friday showed.
Read MoreUS SEC climate disclosure rule deluged with lawsuits from industry and climate groups
The US Securities and Exchange Commission is already facing legal challenges from all sides less than a week after approving the highly anticipated climate disclosure rules, alleging that the regulations are both inadequate and excessively restrictive.
Read MoreCalifornia ARB offset issuance picks up in March, hovers below 2023 levels
California regulator ARB has issued the highest number of compliance-grade offsets thus far this year, yet year-to-date totals continue to lag 2023 issuance, data published by the agency showed.
Read MoreTelecommunications firm makes voluntary carbon credit purchase from US direct air capture developer
A Texas-based telecommunications company will purchase CO2 removal (CDR) credits from a US developer of direct air capture (DAC) facilities, the firms announced Wednesday.
Read MoreControversy brings plans to utilise captured CO2 for natural gas production to a hush
A New York-based startup that aims to extract natural gas by injecting captured CO2 has grown quieter amid intensified legislative resistance against CO2-based fracking in the Empire State.
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