Current reporting frameworks aid compliance, but prepare for evolving climate regulations -experts
A discussion regarding the growing landscape of climate regulations around the world saw panelists consider the implications of the rise in mandatory disclosures, while experts laid out best practices for companies in a webinar on Tuesday.
Read MoreCanadian asset manager raises $10 bln in first round of second net zero transition fund
A Toronto-headquartered alternate asset management firm has raised $10 billion in the first closing of its second private equity fund investing in global net zero opportunities, and is on track to exceed its predecessor fund size, the company announced Monday.
Read MoreSpeculators increase North American carbon holdings, naturals lock in CCA price gains
Regulated entities had the largest weekly reduction in California Carbon Allowance (CCA) net length in almost a year, locking in record high prices in RGGI as well, while speculators increased net length across North American carbon markets over the Jan. 24-30 period, data published by the US Commodities Futures Trading Commission (CFTC) Friday showed.
Read MoreINTERVIEW: Researcher details shortcomings of California’s LCFS scheme in crediting avoided methane
Research by a US environmental NGO found that producers of factory farm biogas earning credits from California’s Low Carbon Fuel Standard (LCFS) programme were piping gas from digester projects that continued to release methane plumes up to 1,700 kilograms per hour.
Read MoreWCI Markets: WCAs plunge to the lowest levels since programme inception, CCA activity subdues
Washington Carbon Allowances (WCA) prices stumbled further for the second week following a frenzy over the future of the state’s cap-and-trade programme in question, while California Carbon Allowance (CCA) values saw a marginal uptick amid an absence of a significant market driver.
Read MoreCarbon projects lack robust safeguards, market needs risk management tools -experts
Environmental and social safeguards are becoming increasingly crucial for project implementation, but the market requires better guidance to effectively integrate risk management into carbon projects, webinar attendees heard Tuesday.
Read MoreBioethanol producer links with CO2 pipeline awaiting approval in US Midwest
A major biofuels producer announced on Monday a partnership with a US CO2 pipeline developer facing regulatory hurdles to transport and store carbon dioxide from bioethanol production in South Dakota and Iowa.
Read MoreSpeculators slash North American carbon market holdings across the board, CFTC reports WCA after four-week gap
Speculators reduced their positions and producers picked up holdings across North American carbon allowances, while information regarding Washington Carbon Allowances (WCAs) was finally disclosed after a month-long hiatus, data published by the US Commodities Futures Trading Commission (CFTC) Friday showed.
Read MoreClimate Action Reserve adopts forestry protocols in Guatemala, Panama
The Climate Action Reserve (CAR) this week approved forest carbon protocols in Guatemala and Panama, continuing the US standard body’s policy to develop country-specific offset methodologies.
Read MoreWCI Markets: WCA prices plummet below CCAs amid Washington programme uncertainty
Washington Carbon Allowance (WCA) prices took a nosedive following verification of a ballot initiative aimed at repealing the state’s Climate Commitment Act, while California Carbon Allowance (CCA) prices once again briefly broke to new all-time highs earlier in the week.
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