Carbon crediting firm and sustainability certifier partner to increase agri-food supply chain transparency
A US-based carbon crediting startup for farmers and a sustainability certification provider launched a partnership to trace the progress of regenerative agriculture practices in sequestering carbon.
Read MoreOver 100 countries set joint aim to cut CO2 intensity for global aviation fuels by 2030
More than 100 nations have established an aspirational 2030 goal to cut the carbon intensity of aviation fuel, although some governments remained wary about the effect on their economies.
Read MoreGlobal emissions could peak this year, but GHG cuts may still fall short of the 2030 IPCC target -report
Global GHG output may reach its peak this year, meeting an IPCC deadline, but emissions could still exceed the IPCC’s 2030 GHG target deemed necessary to limit global warming to 1.5C, according to a report by a climate think-tank.
Read MoreCalifornia offset issuance declines as DEBs’ spread widens amid supply constraints
California regulator ARB slashed its compliance offset issuances by almost half in comparison to its prior distribution, state data published Wednesday showed, while premiums for units tagged with direct environmental benefits to the state (DEB) surpassed previous records.
Read MoreRhode Island uses RGGI funds, US DOE monies for energy conservation grant programme
Rhode Island announced funding sourced from the Regional Greenhouse Gas Initiative (RGGI) and the US Department of Energy (DOE) on Tuesday for the state’s new energy efficiency grants for municipalities.
Read MoreCanadian watchdog estimates a C$1.1 bln impact in fuel charges proceeds following carbon levy exemption, C$3 bln in rebate payments
Canada’s recent carbon policies would bring down tax revenue by over C$1 billion and increase rural supplement payments to $3 bln, says the budget watchdog.
Read MoreWisconsin Democrats introduce suite of proposals to advance climate action
Democrats in the Wisconsin Assembly on Thursday introduced a legislative package to accelerate climate action in the state, including energy efficiency measures, sustainable agriculture practices, and considerations for the social cost of carbon (SCC).
Read MoreJoint California-Quebec workshop addresses concerns about allowance price forecasts beyond 2030, clarifies market considerations
A joint California-Quebec workshop Thursday regarding potential changes to the cap-and-trade programme heard clarifications about modelled CO2 permit prices, as staff responsible for regulation of the joint market also presented their rationale regarding considerations for changes in market mechanisms.
Read MoreUS DOE grants $4.3 mln for assessing feasibility of CO2 storage hub in Virginia
The US Department of Energy (DOE) on Wednesday granted nearly $4.3 million to the Virginia Department of Energy to assess the site feasibility and commercial viability of a CO2 storage hub project in a local county.
Read MoreCalifornia-Quebec model allowance prices rising to $180 in 2040, consider duration limits on banked allowances in upcoming workshop
California regulator ARB and Quebec’s Environment Ministry (MELCCFP) on Wednesday modelled CO2 permit prices under various allowance budget scenarios, discussed cost-containment mechanisms, and deliberated market rule changes such as updating holding limits and auction purchase limits ahead of its Nov. 16 workshop discussing potential amendments to the cap-and-trade programme.
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