North Dakota coal plant CCS project loses lead developer despite DOE support

Published 22:17 on December 3, 2024  /  Last updated at 22:17 on December 3, 2024  / /  Americas, US, Voluntary

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).

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Delays cause CO2 pipeline developer to withdraw permit application in Iowa

Published 20:19 on December 3, 2024  /  Last updated at 20:19 on December 3, 2024  / /  Americas, US, Voluntary

A midwestern carbon pipeline company has withdrawn its permit application to build a CO2 pipeline in Iowa after delays created uncertainty around the project’s timeline, the company said in state filings.

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BRIEFING: US data centres, AI growth add pressure for transmission permitting reform -panellists

Published 00:42 on December 3, 2024  /  Last updated at 00:42 on December 3, 2024  / /  Americas, US, Voluntary

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.

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Washington Clean Fuel Standard credit surplus nears 1.5 mln in Q2 2024

Published 22:46 on November 27, 2024  /  Last updated at 22:46 on November 27, 2024  / /  Americas, RINs & LCFS, US

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.

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COP29: Baku closes with frustration over new $300 bln climate finance goal, omission of fossil fuels

Published 23:15 on November 23, 2024  /  Last updated at 10:06 on November 24, 2024  / , , , , , , , and /  Americas, Asia Pacific, Climate Talks, EMEA, International

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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COP29: Backslide in Baku as 1.5C wiped from mitigation text

Published 12:47 on November 22, 2024  /  Last updated at 13:57 on November 22, 2024  / , , and /  Americas, Asia Pacific, Climate Talks, EMEA, International

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). 

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COP29: US DOE deputy chief “confident” rulemaking on certain IRA tax credits will finish before Trump

Published 11:25 on November 22, 2024  /  Last updated at 11:25 on November 22, 2024  / /  Americas, US, Voluntary

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.

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COP29: ICVCM underscores Indigenous Peoples protection behind REDD+ decision

Published 15:33 on November 21, 2024  /  Last updated at 15:33 on November 21, 2024  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

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.

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COP29: Last chance in Baku for carbon markets to get this right, says Article 6 negotiator

Published 09:10 on November 21, 2024  /  Last updated at 09:47 on November 21, 2024  / /  Climate Talks, International, Nature-based, Paris Article 6, Voluntary

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.

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COP29: USDA won’t finalise voluntary carbon rules before Trump administration, secretary says

Published 17:12 on November 19, 2024  /  Last updated at 17:12 on November 19, 2024  / /  Americas, Climate Talks, Nature-based, US, Voluntary

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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