Major US bank inks offtake deal to purchase 450,000 CDR credits
A major US bank has signed an offtake agreement with a CO2 removal (CDR) project developer for the purchase of nearly a half-million tonnes of CO2e over a 13-year period, according to an announcement.
Read MoreCarbon trading platform adds first US DAC project
A California-based carbon trading platform has announced that it will add a Nevada-based direct air capture (DAC) project – which they expect to be the first in the US to be issued credits – to its offering, making the units available to corporate and individual buyers.
Read MoreUS, UAE oil firms explore joint venture to develop DAC facility in Texas
A US oil and gas company is exploring a partnership with a state-owned UAE oil company to develop a direct air capture (DAC) hub in South Texas, the companies announced Friday during President Donald Trump’s visit to the UAE.
Read MoreUS hydrogen looks to export market as political headwinds dampen domestic outlook
As political headwinds challenge the US hydrogen economy, new forecasting predicts that a large share of domestic hydrogen producers will be finding their demand via exports, especially to Asia, consultants said Thursday.
Read MoreNew ARR methodology praised for ecology requirements, but accounting concerns remain -ratings agency
A ratings agency praised a new afforestation, reforestation, and revegetation (ARR) methodology for the novel way in which it required projects to employ local ecologists to fine-tune restoration plans, but noted a critical shortcoming in the protocol’s carbon accounting method.
Read MoreWest Virginia vs EPA key to endangerment finding repeal, former Trump official says
A former member of President Donald Trump’s transition team is urging the US EPA to expedite elimination of the endangerment finding by arguing that the Supreme Court decision in West Virginia vs EPA undermines the fundamental climate rule.
Read MoreUS steel company scrapping hydrogen plans as it reworks grant agreement with DOE
Roughly a year after the US DOE finalised a grant for a hydrogen-powered steel plant, the steel company announced last week that it has stripped the energy source from its plans during renegotiations with the agency.
Read MoreBRIEFING: With endangerment finding under review, EPA considers pathways for repeal
As the US EPA undergoes its formal review of a key rule underpinning several regulations limiting GHGs, legal experts laid out pathways the agency could take to eliminate the rule – each with its own set of obstacles and consequences.
Read MoreDanish investor offers $500 mln to expand US natural gas producer’s CCUS projects
A Danish infrastructure investment firm will commit $500 million to expand a US natural gas producer’s carbon capture, utilisation, and storage (CCUS) operations across the nation, according to a Thursday announcement.
Read MorePractising ERW near CO2 sequestration sites could mitigate leakage risks -study
A study published Thursday suggests that co-practising enhanced rock weathering (ERW) near geologic carbon sequestration sites could serve as a prewarning system for CO2 leakage while also mitigating seepage.
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