Australian oil and gas giant invests in US university-led decarbonisation accelerator
Australian oil and gas company and a US university have entered into a five-year partnership to reduce greenhouse gas emissions and advance low carbon solutions, the academic institution announced Wednesday.
Read MoreDavos 2024: Nature-based marketplace launches award to combat biodiversity loss
A nature-based annual award worth CHF 100,000 ($116,100) will aim to scale a minimum of 100 nature-positive startups by 2030, World Economic Forum attendees heard Tuesday.
Read MoreNew Mexico lawmakers once again unveil clean transportation fuel legislation
New Mexico state representatives this month introduced legislation for a clean fuel standard that aims to mandate a reduction in transportation fuel carbon intensity (CI) beginning July 2026, following previous similar but unsuccessful attempts.
Read MoreCanadian clean fuel credit supply expected to exceed compliance demand -official
Entities regulated under Canada’s Clean Fuel Regulation (CFR) are well positioned to comply with the 2023 annual carbon intensity (CI) reduction requirements for the first compliance period, considering a likely excess supply of credits, a government executive told conference participants on Friday.
Read MoreUS researchers discover microbes that convert CO2 into rocks
A team of scientists in South Dakota found naturally occurring microbes that consume and convert CO2 into solid rock, the research lab announced earlier this week.
Read MoreExperts urge improved LCFS regulations to support prices
The proposed regulatory amendments to California’s Low Carbon Fuel Standard (LCFS) are inadequate to shrink the LCFS credit bank and lift prices, several experts told conference participants Thursday.
Read MoreUPDATE – California allowance surplus bank could narrow, but CCA prices unlikely to reach ceiling -expert
Allowance budget cuts could bring down WCI market surplus bank by over 200 million, a conference heard Wednesday, but California Carbon Allowance (CCA) values will likely remain below the price ceiling.
Read MoreWashington Clean Fuel Standard credit surplus more than doubles in Q2
The Washington Clean Fuel Standard (CFS) generated a surplus of units in the scheme’s second quarterly credit generation figures, stemming largely from ethanol, according to government data published Tuesday.
Read MoreUS science advocacy warns of overreliance on gas power plants
A US nonprofit group of nearly 250 science and policy experts released an issue brief on Tuesday cautioning against the country’s “heavy” dependence on gas power plants given their lack of reliability under extreme weather conditions.
Read MoreWCI compliance instrument excess expands further in Q4
The WCI compliance instrument surplus bank increased in the fourth quarter even as California emitters retired allowances and offsets for 2022 interm obligations in the linked-cap-and-trade system, according to data published Friday.
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