North 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A midwestern carbon pipeline company has withdrawn its permit application to build a CO2 pipeline in Iowa after delays created uncertainty around the project’s timeline, the company said in state filings.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.
Read MoreCOP29: Backslide in Baku as 1.5C wiped from mitigation text
A late-stage presidency text for the Mitigation Work Programme (MWP) has eliminated any mention of the Paris Agreement’s global warming limit goals, and repeated its exclusion of ‘fossil fuels’ or ‘renewables’ language, reversing course on last year’s landmark COP28 Global Stocktake (GST).
Read MoreCOP29: US DOE deputy chief “confident” rulemaking on certain IRA tax credits will finish before Trump
Ongoing work to finalise outstanding rules for certain tax credits within the Inflation Reduction Act (IRA) will be completed before the end of President Biden’s term, a top US Department of Energy (DOE) official said this week, although work on final rules for other credits may be left in the hands of the new Trump administration.
Read MoreCOP29: ICVCM underscores Indigenous Peoples protection behind REDD+ decision
The Integrity Council for the Voluntary Carbon Market’s (ICVCM) recent approval of three REDD+ methodologies paid special attention to the environmental and social safeguards of Indigenous and local communities, an ICVCM senior expert said Thursday.
Read MoreCOP29: Last chance in Baku for carbon markets to get this right, says Article 6 negotiator
Carbon market negotiators may have one last chance to find the right set of Article 6 rules to ensure integrity before the world abandons the market-based approach for achieving climate action, a Swedish negotiator said Wednesday.
Read MoreCOP29: USDA won’t finalise voluntary carbon rules before Trump administration, secretary says
A set of protocols being designed to help US land and forest owners gain access to the voluntary carbon market won’t reach a draft form before the end of President Joe Biden’s term, putting their fate in the hands of the incoming Republican administration.
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