BRIEFING: EPA defends power plant emissions rules before DC circuit
The US EPA’s power plant emissions rules were tested Friday before a three-judge panel as attorneys representing Republican states argued that the rules didn’t properly consider the costs of carbon capture and storage (CCS) technology and that the EPA overstepped in its rulemaking authority.
Read MoreWatchdog chides EPA on lack of oversight on clean school bus funding
The US EPA failed to monitor the deployment of $836 million that was spent on helping schools across the country replace existing school buses with zero-emission counterparts, according to a Wednesday report.
Read MoreAfter Article 6 agreement, still no clarity on when trades will start flowing -panel
With Article 6 rules now in the books following consensus at COP29 in Baku, carbon market watchers said during a Thursday panel that there was still no clarity on when the international market would begin recording its first trades.
Read MoreState of Colima approves second-highest CO2 tax in Mexico
The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.
Read MoreClimate finance firm to source 250k credits from US-based soil carbon project
A California-based climate finance firm inked an agreement Wednesday with a carbon farming programme in which the firm will gain access to 250,000 credits sourced from a US-based regenerative agriculture soil carbon project.
Read MoreNorth Dakota coal plant CCS project loses lead developer despite DOE support
A large-scale carbon capture and storage (CCS) project at a North Dakota coal plant is in limbo as a co-developer withdrew from the project months after receiving federal support from the US Department of Energy (DOE).
Read MoreDelays cause CO2 pipeline developer to withdraw permit application in Iowa
A midwestern carbon pipeline company has withdrawn its permit application to build a CO2 pipeline in Iowa after delays created uncertainty around the project’s timeline, the company said in state filings.
Read MoreBRIEFING: US data centres, AI growth add pressure for transmission permitting reform -panellists
As data centres and artificial intelligence drives electricity demand across the US, permitting wait times for transmission lines will need to be dramatically sped up in a number of ways, panellists said Monday, from limiting lawsuits against transmission projects to centralizing permitting authority in the federal government.
Read MoreWashington Clean Fuel Standard credit surplus nears 1.5 mln in Q2 2024
The net credit surplus in Washington’s Clean Fuel Standard (WCFS) neared 1.5 million in Q2 2024 as the programme recorded the second-highest number of credits generated in a quarter since its launch, state data showed.
Read MoreCOP29: Baku closes with frustration over new $300 bln climate finance goal, omission of fossil fuels
Wealthy countries will aim to shore up $300 billion per year of climate finance by 2035, as the core part of a global annual economy-wide target of $1.3 trillion, under a contentious agreement struck early Sunday morning at the close of COP29.
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